Wheeler Real Estate Announces Reverse Stock Split

An update from Wheeler Real Estate Investment ( (WHLR) ) is now available.

On May 21, 2025, Wheeler Real Estate Investment Trust, Inc. announced a one-for-seven reverse stock split of its common stock, effective May 26, 2025. This move, which will not alter the relative ownership percentages or voting rights of shareholders, aims to adjust the trading price of the company’s stock. The reverse stock split will also proportionally adjust the conversion rates of the company’s convertible securities, including its subordinated convertible notes and Series B and D preferred stocks. The company’s trading symbol will remain unchanged, but the CUSIP number will be updated.

Spark’s Take on WHLR Stock

According to Spark, TipRanks’ AI Analyst, WHLR is a Neutral.

WHLR’s overall score reflects significant financial and technical challenges. The company’s high debt levels and persistent profitability issues are major concerns, while the bearish technical indicators suggest continued pressure on the stock price. The unattractive valuation due to negative earnings and lack of dividends further weighs down the score. Improving profitability and reducing leverage are essential for any positive outlook.

To see Spark’s full report on WHLR stock, click here.

More about Wheeler Real Estate Investment

Wheeler Real Estate Investment Trust, Inc. operates in the real estate industry, focusing on acquiring, financing, developing, leasing, owning, and managing income-producing retail properties, primarily in the United States. The company’s primary products include common stock, Series B and Series D convertible preferred stock, and subordinated convertible notes, all of which are traded on the Nasdaq Capital Market.

Average Trading Volume: 1,311,461

Technical Sentiment Signal: Sell

Current Market Cap: $4.15M

Learn more about WHLR stock on TipRanks’ Stock Analysis page.