StockNews.com started coverage on shares of Whitestone REIT (NYSE:WSR - Free Report) in a report released on Sunday morning. The brokerage issued a hold rating on the real estate investment trust's stock.
Separately, Truist Financial lifted their price target on shares of Whitestone REIT from $15.00 to $16.00 and gave the company a "buy" rating in a report on Tuesday, March 18th.
Check Out Our Latest Analysis on WSR
Whitestone REIT Trading Up 0.8 %
Shares of WSR traded up $0.11 during mid-day trading on Friday, hitting $13.28. The company had a trading volume of 31,212 shares, compared to its average volume of 281,452. Whitestone REIT has a 1-year low of $10.79 and a 1-year high of $15.36. The company has a quick ratio of 2.17, a current ratio of 2.17 and a debt-to-equity ratio of 1.49. The business's 50-day simple moving average is $13.77 and its 200-day simple moving average is $13.95. The stock has a market cap of $675.89 million, a PE ratio of 32.40, a P/E/G ratio of 2.13 and a beta of 0.89.
Whitestone REIT Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Monday, June 2nd will be issued a dividend of $0.045 per share. This represents a $0.54 dividend on an annualized basis and a dividend yield of 4.07%. The ex-dividend date is Monday, June 2nd. Whitestone REIT's payout ratio is currently 76.06%.
About Whitestone REIT
(
Get Free Report)
Whitestone REIT NYSE: WSR is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country: Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio. Our centers are convenience focused: merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities.
Featured Articles
Before you consider Whitestone REIT, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Whitestone REIT wasn't on the list.
While Whitestone REIT currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
