Whitestone REIT (WSR) Expected to Announce Quarterly Earnings on Wednesday

Whitestone REIT (NYSE:WSR - Get Free Report) is expected to release its Q1 2025 earnings data after the market closes on Wednesday, April 30th. Analysts expect Whitestone REIT to post earnings of $0.24 per share and revenue of $38.95 million for the quarter.

Whitestone REIT Stock Up 0.4 %

Shares of WSR stock traded up $0.05 on Monday, hitting $13.18. The stock had a trading volume of 25,934 shares, compared to its average volume of 281,147. Whitestone REIT has a one year low of $11.37 and a one 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 company has a market cap of $670.59 million, a PE ratio of 32.15, a P/E/G ratio of 2.13 and a beta of 0.89. The business has a 50 day moving average price of $13.71 and a 200 day moving average price of $13.94.

Whitestone REIT Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, May 13th. Stockholders of record on Friday, May 2nd will be paid a dividend of $0.045 per share. The ex-dividend date is Thursday, May 1st. This is an increase from Whitestone REIT's previous dividend of $0.04. This represents a dividend yield of 4.11%. Whitestone REIT's dividend payout ratio (DPR) is currently 76.06%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on WSR shares. Truist Financial lifted their price target on Whitestone REIT from $15.00 to $16.00 and gave the company a "buy" rating in a report on Tuesday, March 18th. StockNews.com assumed coverage on Whitestone REIT in a research report on Monday, April 21st. They set a "hold" rating on the 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.