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Wheeler Real Estate Adjusts Convertible Notes Price

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Wheeler Real Estate Adjusts Convertible Notes Price

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

In October 2025, Wheeler Real Estate Investment Trust, Inc. adjusted the conversion price of its 7.00% Subordinated Convertible Notes due 2031 to approximately $3.59 per share of common stock, reflecting a 45% discount from the previous conversion rate. This adjustment followed the redemption of 35,031 shares of Series D Preferred Stock, which were converted into 225,970 shares of common stock. The company has processed a total of 389 redemption requests, redeeming 1,735,056 shares of Series D Preferred Stock, and issued approximately 422,000 shares of common stock in settlement. The next redemption date is set for November 5, 2025.

The most recent analyst rating on (WHLR) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Wheeler Real Estate Investment stock, see the WHLR Stock Forecast page.

Spark’s Take on WHLR Stock

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

The overall stock score is primarily influenced by strong operational efficiency and cash flow management, offset by high financial leverage and low profitability. The technical analysis indicates a bearish trend, and the stock’s valuation is unappealing due to a zero P/E ratio and no dividend yield. These factors together lead to a moderate risk assessment for the stock.

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 investment industry, focusing on acquiring, financing, and managing income-producing retail properties. The company primarily deals with shopping centers and other retail-focused real estate assets.

Average Trading Volume: 355,430

Technical Sentiment Signal: Sell

Current Market Cap: $5.47M

See more data about WHLR stock on TipRanks’ Stock Analysis page.

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