Whitestone REIT (NYSE:WSR) Issues FY 2025 Earnings Guidance

Key Points

• Whitestone REIT has set its FY 2025 earnings per share guidance between 1.030 and 1.070, slightly above the consensus estimate of 1.047.
• Shares of Whitestone REIT \(NYSE:WSR\) dropped 2.4% to $12.38 on the trading day following the guidance release, with a current market cap of $630.09 million.
• The company announced a dividend of $0.045 per share, yielding 4.31%, to be paid on August 12th to investors of record on August 4th.

Whitestone REIT (NYSE:WSR - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.030-1.070 for the period, compared to the consensus estimate of 1.047. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on WSR shares. JMP Securities restated a "market outperform" rating and issued a $16.00 target price on shares of Whitestone REIT in a research note on Wednesday, June 18th. Wall Street Zen upgraded Whitestone REIT from a "sell" rating to a "hold" rating in a research report on Saturday, July 5th. Finally, Truist Financial decreased their price objective on Whitestone REIT from $16.00 to $14.00 and set a "buy" rating on the stock in a report on Monday, May 12th.

Whitestone REIT Price Performance

Shares of NYSE WSR traded down $0.24 during trading hours on Friday, reaching $11.91. 135,054 shares of the stock traded hands, compared to its average volume of 241,929. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 1.47. Whitestone REIT has a 52-week low of $11.77 and a 52-week high of $15.36. The company's 50-day simple moving average is $12.45 and its two-hundred day simple moving average is $13.09. The company has a market capitalization of $606.02 million, a P/E ratio of 18.33, a price-to-earnings-growth ratio of 1.95 and a beta of 0.90.

Whitestone REIT (NYSE:WSR - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $0.26 earnings per share for the quarter, beating analysts' consensus estimates of $0.25 by $0.01. The firm had revenue of $37.68 million during the quarter, compared to analyst estimates of $38.55 million. Whitestone REIT had a return on equity of 7.75% and a net margin of 21.70%. Equities research analysts forecast that Whitestone REIT will post 0.99 EPS for the current year.

Whitestone REIT Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, August 12th. Stockholders of record on Monday, August 4th will be paid a dividend of $0.045 per share. This represents a dividend yield of 431.0%. The ex-dividend date of this dividend is Friday, August 1st. Whitestone REIT's dividend payout ratio is 90.00%.

Insider Buying and Selling at Whitestone REIT

In other Whitestone REIT news, Director Donald A. Miller acquired 5,000 shares of the business's stock in a transaction dated Wednesday, May 28th. The shares were purchased at an average cost of $12.35 per share, for a total transaction of $61,750.00. Following the transaction, the director owned 21,708 shares in the company, valued at $268,093.80. This represents a 29.93% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 3.20% of the company's stock.

Whitestone REIT Company Profile

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.