Whitestone REIT (NYSE:WSR - Get Free Report) had its target price decreased by equities research analysts at Truist Financial from $16.00 to $14.00 in a report issued on Monday,Benzinga reports. The firm presently has a "buy" rating on the real estate investment trust's stock. Truist Financial's price objective indicates a potential upside of 11.73% from the company's previous close.
Separately, StockNews.com began coverage on shares of Whitestone REIT in a research note on Wednesday, May 7th. They set a "hold" rating for the company.
Read Our Latest Research Report on Whitestone REIT
Whitestone REIT Stock Performance
NYSE WSR traded up $0.20 during trading hours on Monday, hitting $12.53. 38,236 shares of the company's stock traded hands, compared to its average volume of 241,572. Whitestone REIT has a 52 week low of $11.77 and a 52 week high of $15.36. The business's fifty day moving average price is $13.49 and its two-hundred day moving average price is $13.80. The company has a current ratio of 2.17, a quick ratio of 2.17 and a debt-to-equity ratio of 1.49. The firm has a market capitalization of $637.73 million, a P/E ratio of 30.56, a P/E/G ratio of 2.13 and a beta of 0.93.
Whitestone REIT (NYSE:WSR - Get Free Report) last released its earnings results on Wednesday, April 30th. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.01. Whitestone REIT had a net margin of 13.97% and a return on equity of 4.98%. The company had revenue of $37.40 million during the quarter, compared to analyst estimates of $38.95 million. Equities research analysts predict that Whitestone REIT will post 0.99 EPS for the current year.
About Whitestone REIT
(
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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.
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