Wheeler Real Estate Investment Trust, Inc.

WHLR

NASDAQ · Retail REITs

$5.44

At close - Sep 23, 4:00 PM EDT - USD

Market Cap$752624

P/E0.0x

52W High$5256.00

Volume89.29M

VCP Research Verdict2026Q1

Persistent Revenue Erosion Masks Deep Structural Insolvency

Wheeler REIT faces significant fundamental headwinds characterized by persistent revenue contraction and extreme volatility in FFO per share, which complicates long-term valuation. The company's highly leveraged capital structure, evidenced by a 5.21 debt-to-e...

GrowthContracting

ProfitabilityStrained

ValuationAttractive

TechnicalsWeak

Explore valuation models

MARKET ACTION

WHLR price & volume

Price trend, volume and key moving averages

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Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return

WHLR-98.39%

S&P 500 (^GSPC)+12.39%

1-Year Return

WHLR-99.89%

S&P 500 (^GSPC)+15.77%

3-Year Return

WHLR-99.99%

S&P 500 (^GSPC)+82.48%

5-Year Return

WHLR-99.99%

S&P 500 (^GSPC)+94.08%

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis

Trailing P/E5Y Low

0.0x

Forward P/E

N/A

EV/EBITDA100th %ile

8.4x

FCF YieldCash Flow

535.0%

Valuation vs 5-Year History

Multiple Range

Metric

Current

5Y Median

Historical Range

Percentile

P/E

0.0x

0th· Low

EV/EBITDA

8.4x

100th· High

Price/FCF

0.2x

0.0x

100th· High

Current Multiple

5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection

No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend

Revenue

$99M-4.9% YoY

Net income

$9M+191.6% YoY

Free cash flow

$4M+16.3% YoY

Operating margin

31.9%-4.0 pts YoY

ROIC (TTM)4.2%

Avg ROIC 5Y-

ROE (TTM)8.3%

Piotroski Score7 / 9

Financial Statements →

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History

EPS Beat Rate2/12 (67%)

Revenue Beat Rate7/12 (100%)

Quarter	EPS (Act vs Est)	Revenue (Act vs Est)
Q3 2026Latest Aug 6, 2026	$34.98 vs —	$22M vs —
Q2 2026 May 8, 2026	$1.19 vs —	$24M vs —
Q2 2026 Mar 5, 2026	$1.20 vs —	$25M vs —
Q4 2025 Nov 6, 2025	$3.02 vs —	$24M+47.0% vs $16M

Historical baseline: 12 quarters analyzedGAAP / Adjusted

MARKET COVERAGE

Latest News

1 Stories

Accesswire·Aug 6, 2026

Wheeler Real Estate Investment Trust, Inc. Announces the Release of Its Second Quarter 2026 Financial and Operating Results

VIRGINIA BEACH, VA / ACCESS Newswire / August 6, 2026 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (the "Company") announced today that it has reported its financial and operating results for the three and six months ended June 30, 2026 with the filing of its Quarterly Report on Form 10-Q (the "Form 10-Q") with the Securities and Exchange Commission. In addition, the Company has posted supplemental information to its website regarding its financial and operating results for the three and six months ended June 30, 2026.

Filtered for Wheeler Real Estate Investment Trust, Inc.More Headlines

Compare before deciding

Benchmark WHLR against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Wheeler Real Estate Investment Trust, Inc. (WHLR)

Full Screener →

Company	Price	Market Cap	P/E Ratio	Rev Growth (1Y)	Net Margin	ROE	Div Yield
WHLRWheeler Real Estate Investment Trust, Inc.Current	$5.44	$752.62K	0.00	-4.9%	8.82%	8.3%	—
NXRTNexPoint Residential Trust, Inc.	$20.74	$527.05M	-16.46	-3.24%	-13.12%	-11.56%	—
PSTLPostal Realty Trust, Inc.	$23.40	$882.33M	49.79	25.47%	17.68%	5%	—
MDRRMedalist Diversified REIT, Inc.	$11.86	$14.7M	-6.24	6.79%	80.24%	24.34%	—
SQFTPresidio Property Trust, Inc.	$1.37	$1.79M	-0.16	-11.15%	-57.9%	-36.61%	—
GIPRGeneration Income Properties, Inc.	$0.53	$290.91K	-0.03	-0.23%	-69.39%	-25.27%	—

Compare WHLR vs Peers

Wheeler Real Estate Investment Trust, Inc. (WHLR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NXRT

Most directly comparable listed peer for WHLR.

Scale Benchmark

vs WMT

Larger-name benchmark to compare WHLR against a more recognizable public peer.

Peer Set

Compare Top 5

vs NXRT, PSTL, MDRR, SQFT

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

WHLR SEC Filings & Documents

Wheeler Real Estate Investment Trust, Inc. (WHLR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Aug 7, 2026·SEC

Material company update

Aug 6, 2026·SEC

Material company update

Aug 5, 2026·SEC

10-K Annual Reports

FY 2026

Mar 5, 2026·SEC

10-Q Quarterly Reports

FY 2026

Aug 6, 2026·SEC

FY 2026

May 8, 2026·SEC

FY 2025

Nov 6, 2025·SEC

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WHLR Frequently Asked Questions

Wheeler Real Estate Investment Trust, Inc. (WHLR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

What is Wheeler Real Estate Investment Trust, Inc.'s revenue?

Wheeler Real Estate Investment Trust, Inc. (WHLR) reported $96.0M in revenue for fiscal year 2025. This represents a 5077% increase from $1.9M in 2010.

How fast is Wheeler Real Estate Investment Trust, Inc. growing?

Wheeler Real Estate Investment Trust, Inc. (WHLR) saw revenue decline by 4.9% over the past year.

Is WHLR profitable?

Yes, Wheeler Real Estate Investment Trust, Inc. (WHLR) is profitable, generating $16.9M in net income for fiscal year 2025 (8.8% net margin).

Dividend & Returns

What is WHLR's return on equity?

Wheeler Real Estate Investment Trust, Inc. (WHLR) has a return on equity (ROE) of 8.3%. This is below average, suggesting room for improvement.

Industry Metrics

What is Wheeler Real Estate Investment Trust, Inc.'s FFO?

Wheeler Real Estate Investment Trust, Inc. (WHLR) generated Funds From Operations (FFO) of $39.6M in the trailing twelve months. FFO is the primary profitability metric for REITs.

What if you invested $1,000 in WHLR back in 2010?

Total return calculator · dividends reinvested · 16+ years of data

See returns →

Quarter

EPS (Act vs Est)

Revenue (Act vs Est)

Q3 2026Latest

Aug 6, 2026

$34.98

vs —

$22M

vs —

Q2 2026

May 8, 2026

$1.19

vs —

$24M

vs —

Q2 2026

Mar 5, 2026

$1.20

vs —

$25M

vs —

Q4 2025

Nov 6, 2025

$3.02

vs —

$24M+47.0%

vs $16M

Company

Price

Market Cap

P/E Ratio

Rev Growth (1Y)

Net Margin

ROE

Div Yield

WHLRWheeler Real Estate Investment Trust, Inc.Current

$5.44

$752.62K

0.00

-4.9%

8.82%

8.3%

—

NXRTNexPoint Residential Trust, Inc.

$20.74

$527.05M

-16.46

-3.24%

-13.12%

-11.56%

—

PSTLPostal Realty Trust, Inc.

$23.40

$882.33M

49.79

25.47%

17.68%

—

MDRRMedalist Diversified REIT, Inc.

$11.86

$14.7M

-6.24

6.79%

80.24%

24.34%

—

SQFTPresidio Property Trust, Inc.

$1.37

$1.79M

-0.16

-11.15%

-57.9%

-36.61%

—

GIPRGeneration Income Properties, Inc.

$0.53

$290.91K

-0.03

-0.23%

-69.39%

-25.27%

—