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NYSE:WSR

Whitestone REIT (WSR) Stock Forecast, Price & News

$9.62
+0.16 (+1.69%)
(As of 09/27/2023 ET)
Compare
Today's Range
$9.52
$9.67
50-Day Range
$9.46
$10.69
52-Week Range
$8.15
$10.74
Volume
336,375 shs
Average Volume
335,999 shs
Market Capitalization
$476.39 million
P/E Ratio
12.33
Dividend Yield
4.99%
Price Target
$12.20

Whitestone REIT MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
26.6% Upside
$12.20 Price Target
Short Interest
Healthy
1.15% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.15mentions of Whitestone REIT in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
19.78%
From $0.91 to $1.09 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.97 out of 5 stars

Finance Sector

59th out of 842 stocks

Real Estate Investment Trusts Industry

9th out of 180 stocks


WSR stock logo

About Whitestone REIT (NYSE:WSR) Stock

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. The Company believes its strong community connections and deep tenant relationships are key to the success of its current centers and its acquisition strategy.

WSR Price History

WSR Stock News Headlines

High Dividend REITs: Are They an Ideal Way to Diversify? (WSR)
A real estate investment trust (REIT) refers to real estate companies that own a portfolio of income-producing real estate assets. Learn more.
Whitestone REIT (NYSE:WSR) Rating Reiterated by JMP Securities
His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
UAW, ECB, Arm, and Casino Cyberattacks
Whitestone REIT Declares Fourth Quarter 2023 Dividend
His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
Whitestone REIT Reports Second Quarter 2023 Results
Whitestone REIT Acquires Arcadia Towne Center
Maxim Group Reaffirms Their Buy Rating on Whitestone REIT (WSR)
See More Headlines
Receive WSR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Whitestone REIT and its competitors with MarketBeat's FREE daily newsletter.

WSR Company Calendar

Last Earnings
5/03/2022
Today
9/27/2023
Ex-Dividend for 10/12 Dividend
10/02/2023
Dividend Payable
10/12/2023
Next Earnings (Confirmed)
10/31/2023
Ex-Dividend for 11/14 Dividend
11/01/2023
Dividend Payable
11/14/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Diversified REITs
Sector
Finance
CUSIP
96608420
Employees
77
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$12.20
High Stock Price Forecast
$13.00
Low Stock Price Forecast
$11.00
Forecasted Upside/Downside
+27.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$35.27 million
Pretax Margin
28.07%

Debt

Sales & Book Value

Annual Sales
$139.42 million
Cash Flow
$1.36 per share
Book Value
$8.59 per share

Miscellaneous

Free Float
46,797,000
Market Cap
$472.42 million
Optionable
Optionable
Beta
1.20
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Key Executives

  • Mr. David K. Holeman CPA (Age 60)
    CEO & Director
    Comp: $1.04M
  • Mr. J. Scott Hogan (Age 53)
    Chief Financial Officer
    Comp: $497.64k
  • Ms. Christine C. J. Mastandrea (Age 57)
    Chief Operating Officer
    Comp: $731.77k
  • Mr. Peter A. Tropoli (Age 51)
    Gen. Counsel & Corp. Sec.
    Comp: $527.6k
  • Ms. Soklin Siv (Age 49)
    VP of HR
    Comp: $402.09k
  • Mr. David Mordy
    Director of Investor Relations
  • Mr. Matthew A. Okmin
    Regional Sr. VP of Arizona
  • David C. Spagnolo
    Regional Sr. VP of Dallas & Austin
  • Mr. Michael Ly
    Controller













WSR Stock - Frequently Asked Questions

Should I buy or sell Whitestone REIT stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Whitestone REIT in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" WSR shares.
View WSR analyst ratings
or view top-rated stocks.

What is Whitestone REIT's stock price forecast for 2023?

3 Wall Street analysts have issued 1-year price objectives for Whitestone REIT's stock. Their WSR share price forecasts range from $11.00 to $13.00. On average, they expect the company's share price to reach $12.20 in the next twelve months. This suggests a possible upside of 27.9% from the stock's current price.
View analysts price targets for WSR
or view top-rated stocks among Wall Street analysts.

How have WSR shares performed in 2023?

Whitestone REIT's stock was trading at $9.64 at the beginning of the year. Since then, WSR shares have decreased by 1.0% and is now trading at $9.54.
View the best growth stocks for 2023 here
.

Are investors shorting Whitestone REIT?

Whitestone REIT saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 580,700 shares, a decrease of 31.3% from the August 15th total of 845,800 shares. Based on an average daily trading volume, of 296,100 shares, the days-to-cover ratio is presently 2.0 days.
View Whitestone REIT's Short Interest
.

When is Whitestone REIT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 31st 2023.
View our WSR earnings forecast
.

How can I listen to Whitestone REIT's earnings call?

Whitestone REIT will be holding an earnings conference call on Wednesday, November 1st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13734726".

How were Whitestone REIT's earnings last quarter?

Whitestone REIT (NYSE:WSR) released its earnings results on Tuesday, May, 3rd. The real estate investment trust reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.20 by $0.06. Whitestone REIT had a net margin of 27.35% and a trailing twelve-month return on equity of 9.26%. During the same quarter in the previous year, the business posted $0.23 earnings per share.

How often does Whitestone REIT pay dividends? What is the dividend yield for Whitestone REIT?

Whitestone REIT announced a monthly dividend on Friday, September 8th. Investors of record on Monday, December 4th will be given a dividend of $0.04 per share on Tuesday, December 12th. This represents a $0.48 annualized dividend and a yield of 5.03%. The ex-dividend date of this dividend is Friday, December 1st.
Read our dividend analysis for WSR
.

What ETF holds Whitestone REIT's stock ?

Invesco S&P SmallCap Low Volatility ETF holds 367,645 shares of WSR stock, representing 0.86% of its portfolio.

Is Whitestone REIT a good dividend stock?

Whitestone REIT (NYSE:WSR) pays an annual dividend of $0.48 per share and currently has a dividend yield of 4.97%. WSR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 61.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WSR will have a dividend payout ratio of 44.04% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WSR.

What guidance has Whitestone REIT issued on next quarter's earnings?

Whitestone REIT updated its FY 2023 earnings guidance on Tuesday, August, 1st. The company provided earnings per share guidance of $0.90-$0.94 for the period, compared to the consensus EPS estimate of $0.99. The company issued revenue guidance of -.

What is James C. Mastandrea's approval rating as Whitestone REIT's CEO?

18 employees have rated Whitestone REIT Chief Executive Officer James C. Mastandrea on Glassdoor.com. James C. Mastandrea has an approval rating of 29% among the company's employees. This puts James C. Mastandrea in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 24.0% of employees surveyed would recommend working at Whitestone REIT to a friend.

What other stocks do shareholders of Whitestone REIT own?
What is Whitestone REIT's stock symbol?

Whitestone REIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "WSR."

How do I buy shares of Whitestone REIT?

Shares of WSR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Whitestone REIT's stock price today?

One share of WSR stock can currently be purchased for approximately $9.54.

How much money does Whitestone REIT make?

Whitestone REIT (NYSE:WSR) has a market capitalization of $472.42 million and generates $139.42 million in revenue each year. The real estate investment trust earns $35.27 million in net income (profit) each year or $0.78 on an earnings per share basis.

How can I contact Whitestone REIT?

Whitestone REIT's mailing address is 2600 SOUTH GESSNER SUITE 500, HOUSTON TX, 77063. The official website for the company is www.whitestonereit.com. The real estate investment trust can be reached via phone at (713) 827-9595, via email at kreed@whitestonereit.com, or via fax at 713-465-8847.

This page (NYSE:WSR) was last updated on 9/27/2023 by MarketBeat.com Staff

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