NASDAQ · Real estate

Wheeler Real Estate Investment Trust, Inc. (WHLRD)

Wheeler Real Estate Investment Trust, Inc. brought in $95.5M of revenue over the twelve months to June 30, 2026, down 7.2% from a year earlier. Net income was $17M, a net margin of 17.8%. Operating cash flow minus capital spending left $4M of free cash flow in fiscal 2025. At June 30, 2026 it held $31.9M in cash.

Price

$36.25

-0.69% on the day · September 25, 2026

52-week range $32.79 to $42.00

Market cap

$88.3M

Revenue (last 12 months)

$95.5M

-7.2% year on year

Net margin

17.8%

What Wheeler Real Estate Investment Trust, Inc. does

Wheeler Real Estate Investment Trust, Inc. is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on NASDAQ under the ticker WHLRD.

Revenue and profit by year

Revenue

Net income

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal year	Revenue	Operating income	Net income	Diluted EPS	Free cash flow
2025	$99.4M	$43.2M	$8.8M	-$36.01	$4M
2024	$104.6M	$37.5M	-$9.6M	-$346,484.38	$3.5M
2023	$102.3M	$29.4M	-$4.7M	-$14,380,894.19	$913K
2022	$76.6M	$24.6M	-$12.5M	-$69,355,559.75	$22.2M
2020	$61.3M	$19.5M	-$9.4M	-$42,874,346.03	$10.6M
2020	$61M	$18.4M	$245K	-$30,264,244.25	$13.5M

Where WHLRD ranks in Real estate

Revenue$99.4M

#136 of 162 in Real estate · Bottom 16%

Revenue growth-4.9%

#135 of 159 in Real estate · Bottom 15%

Net margin8.8%

#91 of 162 in Real estate · Bottom 44%

Free cash flow margin4.0%

#65 of 88 in Real estate · Bottom 26%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Real estate

Dividends

It paid out $6.6M in cash dividends, 75% of its net income.

Fiscal year	Per share	Paid out	Of profit
2025	n/a	$6.6M	75%
2024	n/a	$10.4M	n/a
2023	n/a	$10.8M	n/a
2022	n/a	$2.7M	n/a
2020	$0.00	$0	n/a
2020	$0.00	n/a	n/a

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Wheeler Real Estate Investment Trust, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

September 17, 2026
Securities offering prospectus 424B3
September 17, 2026
Securities offering prospectus 424B3
September 17, 2026
Securities offering prospectus 424B3
September 17, 2026
Securities offering prospectus 424B3
September 17, 2026
Shareholder rights changed 8-K
September 11, 2026
Securities offering prospectus 424B3
September 9, 2026
Securities offering prospectus 424B3
September 9, 2026
Securities offering prospectus 424B3
September 9, 2026
Securities offering prospectus 424B3
September 9, 2026
Shareholder rights changed 8-K

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 25, 2026. Insider transactions on SEC

What is WHLRD worth? A DCF from its reported cash flow

Insider trades

What the people running Wheeler Real Estate Investment Trust, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders bought $7.4K and sold $1.9K worth of shares in the last 90 days.

Bought (open market)

$7.4K

last 90 days

Sold

$1.9K

last 90 days

Net bought

14,402

$5.6K

Date	Insider	What	Shares	Price	Value	Filing
September 23, 2026	Stilwell JosephDirector, 10% owner	Received as payindirect	184,655	-	-	Form 4
September 23, 2026	Stilwell JosephDirector, 10% owner	Received as payindirect	257,902	-	-	Form 4
September 23, 2026	Stilwell JosephDirector, 10% owner	Received as payindirect	25,516	-	-	Form 4
September 23, 2026	Stilwell JosephDirector, 10% owner	Received as payindirect	35,768	-	-	Form 4
September 23, 2026	Stilwell JosephDirector, 10% owner	Received as payindirect	62,829	-	-	Form 4
September 10, 2026	Hrt Financial LP10% owner	Sold	5,048	$0.37	$1.9K	Form 4
September 9, 2026	Hrt Financial LP10% owner	Bought	11,253	$0.38	$4.2K	Form 4
September 8, 2026	Hrt Financial LP10% owner	Bought	8,197	$0.39	$3.2K	Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

All filings on SEC EDGAR

Questions about WHLRD

What does Wheeler Real Estate Investment Trust, Inc. do?

Wheeler Real Estate Investment Trust, Inc. is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on NASDAQ under the ticker WHLRD.

Is Wheeler Real Estate Investment Trust, Inc. profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $17M on revenue of $95.5M, a net margin of 17.8%.

How much revenue does Wheeler Real Estate Investment Trust, Inc. make?

Over the twelve months to June 30, 2026 Wheeler Real Estate Investment Trust, Inc. reported revenue of $95.5M. That is 7.2% less than a year earlier.

When did Wheeler Real Estate Investment Trust, Inc. last report?

Its newest filing of any kind is the insider trade from September 25, 2026.

Similar companies

Simon Property Group Inc.

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Where the numbers come from

Financial figures are the values Wheeler Real Estate Investment Trust, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.