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 EPS guidance of 1.030-1.070 for the period, compared to the consensus EPS estimate of 1.047. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on WSR. JMP Securities reaffirmed a "market outperform" rating and set a $16.00 price objective on shares of Whitestone REIT in a research note on Wednesday, June 18th. Wall Street Zen raised shares of Whitestone REIT from a "sell" rating to a "hold" rating in a research note on Saturday, July 5th. Finally, Truist Financial reduced their price objective on shares of Whitestone REIT from $16.00 to $14.00 and set a "buy" rating for the company in a research note on Monday, May 12th.

Whitestone REIT Price Performance

Whitestone REIT stock traded down $0.38 during mid-day trading on Friday, hitting $11.81. 264,089 shares of the company traded hands, compared to its average volume of 222,774. Whitestone REIT has a one year low of $11.77 and a one year high of $15.36. The stock has a market cap of $601.13 million, a price-to-earnings ratio of 18.17, a price-to-earnings-growth ratio of 1.86 and a beta of 0.94. The company has a debt-to-equity ratio of 1.55, a quick ratio of 3.02 and a current ratio of 2.41. The stock has a fifty day moving average price of $12.44 and a 200-day moving average price of $13.08.

Whitestone REIT (NYSE:WSR - Get Free Report) last announced its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.01. Whitestone REIT had a net margin of 21.70% and a return on equity of 7.76%. The business had revenue of $37.68 million during the quarter, compared to analyst estimates of $38.55 million. On average, equities analysts predict that Whitestone REIT will post 0.99 earnings per share for the current fiscal year.

Whitestone REIT Dividend Announcement

The business also recently announced a dividend, which will be paid on Tuesday, August 12th. Shareholders of record on Monday, August 4th will be given a dividend of $0.045 per share. The ex-dividend date is Friday, August 1st. This represents a yield of 431.0%. Whitestone REIT's payout ratio is presently 83.08%.

Insider Transactions at Whitestone REIT

In other Whitestone REIT news, Director Donald A. Miller acquired 5,000 shares of the stock in a transaction dated Wednesday, May 28th. The stock was purchased at an average cost of $12.35 per share, for a total transaction of $61,750.00. Following the acquisition, the director owned 21,708 shares in the company, valued at $268,093.80. The trade was a 29.93% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. 3.20% of the stock is currently owned by insiders.

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.