About Whitestone REIT (NYSE:WSR)
Whitestone REIT is a real estate investment trust. The Company is engaged in owning and operating commercial properties in culturally diverse markets in various metropolitan areas. The Company's acquisition targets are located in densely populated, culturally diverse neighborhoods, primarily in and around Austin, Chicago, Dallas-Fort Worth, Houston, Phoenix and San Antonio. As of December 31, 2016, the Company owned or held interests in 69 commercial properties, including 15 properties in Houston, five properties in Dallas-Fort Worth, three properties in San Antonio, four properties in Austin, 27 properties in the Scottsdale and Phoenix, Arizona metropolitan areas, and one property in Buffalo Grove, Illinois, a suburb of Chicago. As of December 31, 2016, the Company's properties included Heritage Trace Plaza, Headquarters Village, La Mirada, The Marketplace at Central, Mercado at Scottsdale Ranch, Paradise Plaza, Parkside Village North, Pima Norte and Quinlan Crossing.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: REIT - Diversified
- Sub-Industry: Diversified REITs
- Symbol: NYSE:WSR
- CUSIP: 96608420
- Web: www.whitestonereit.com
- Market Cap: $455.53 million
- Outstanding Shares: 38,056,000
- 50 Day Moving Avg: $12.87
- 200 Day Moving Avg: $13.48
- 52 Week Range: $10.80 - $16.30
Sales & Book Value:
- Trailing P/E Ratio: 95.76
- Foreward P/E Ratio: 36.27
- P/E Growth: 0.00
- Annual Revenue: $107.27 million
- Price / Sales: 4.25
- Book Value: $8.59 per share
- Price / Book: 1.39
- Annual Dividend: $1.14
- Dividend Yield: 9.9%
- EBIDTA: $46.66 million
- Net Margins: 9.33%
- Return on Equity: 3.83%
- Return on Assets: 1.18%
- Debt-to-Equity Ratio: 2.10%
- Current Ratio: 0.82%
- Quick Ratio: 0.82%
- Average Volume: 463,133 shs.
- Beta: 0.92
- Short Ratio: 7.09
Frequently Asked Questions for Whitestone REIT (NYSE:WSR)
What is Whitestone REIT's stock symbol?
Whitestone REIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "WSR."
How often does Whitestone REIT pay dividends? What is the dividend yield for Whitestone REIT?
Whitestone REIT declared a monthly dividend on Tuesday, March 21st. Shareholders of record on Wednesday, May 3rd will be paid a dividend of $0.095 per share on Thursday, May 11th. This represents a $1.14 dividend on an annualized basis and a yield of 9.52%. The ex-dividend date of this dividend is Monday, May 1st. View Whitestone REIT's Dividend History.
How were Whitestone REIT's earnings last quarter?
Whitestone REIT (NYSE:WSR) announced its quarterly earnings results on Wednesday, May, 3rd. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.25 by $0.07. The company had revenue of $28.27 million for the quarter, compared to analyst estimates of $28.03 million. Whitestone REIT had a return on equity of 3.83% and a net margin of 9.33%. View Whitestone REIT's Earnings History.
When will Whitestone REIT make its next earnings announcement?
What guidance has Whitestone REIT issued on next quarter's earnings?
Whitestone REIT updated its FY17 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of $1.34 - $1.39 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.32.
Where is Whitestone REIT's stock going? Where will Whitestone REIT's stock price be in 2017?
3 equities research analysts have issued 12-month target prices for Whitestone REIT's shares. Their forecasts range from $10.00 to $20.00. On average, they anticipate Whitestone REIT's share price to reach $15.00 in the next year. View Analyst Ratings for Whitestone REIT.
Are investors shorting Whitestone REIT?
Whitestone REIT saw a decline in short interest in the month of April. As of April 28th, there was short interest totalling 643,546 shares, a decline of 33.8% from the April 13th total of 972,223 shares. Based on an average daily trading volume, of 1,251,070 shares, the short-interest ratio is currently 0.5 days. Approximately 1.8% of the company's shares are short sold.
Who are some of Whitestone REIT's key competitors?
Some companies that are related to Whitestone REIT include istar (STAR), Starwood Waypoint Residential Trust (SWAY), MTGE Investment Corp (MTGE), New Senior Investment Group (SNR), Investors Real Estate Trust (IRET), Anworth Mortgage Asset (ANH), Campus Crest Communities (CCG), Gladstone Commercial (GOOD), AG Mortgage Investment Trust (MITT), Armada Hoffler Properties (AHH), Sutherland Asset Management Corp (SLD), Arbor Realty Trust (ABR), Ares Commercial Real Estate Corp (ACRE), Resource Capital Corp. (RSO), Great Ajax Corp (AJX), Drive Shack (DS), RAIT Financial Trust (RAS) and Transcontinental Realty Investors (TCI).
Who owns Whitestone REIT stock?
Whitestone REIT's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.85%), Hancock Holding Co. (1.61%), State of New Jersey Common Pension Fund D (1.78%), Dimensional Fund Advisors LP (1.05%), Renaissance Technologies LLC (0.87%) and Alliancebernstein L.P. (0.84%). Company insiders that own Whitestone REIT stock include Christine J Mastandrea, David K Holeman, John J Dee and Paul T Lambert. View Institutional Ownership Trends for Whitestone REIT.
Who sold Whitestone REIT stock? Who is selling Whitestone REIT stock?
Whitestone REIT's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Morgan Stanley, Orinda Asset Management LLC, AQR Capital Management LLC, Russell Investments Group Ltd., UBS Group AG, Alliancebernstein L.P. and Menta Capital LLC. View Insider Buying and Selling for Whitestone REIT.
Who bought Whitestone REIT stock? Who is buying Whitestone REIT stock?
Whitestone REIT's stock was bought by a variety of institutional investors in the last quarter, including PVG Asset Management Corp, Rational Advisors LLC, Vanguard Group Inc., Hancock Holding Co., Karp Capital Management Corp, Geode Capital Management LLC, Dimensional Fund Advisors LP and AE Wealth Management LLC. Company insiders that have bought Whitestone REIT stock in the last two years include Christine J Mastandrea, David K Holeman, John J Dee and Paul T Lambert. View Insider Buying and Selling for Whitestone REIT.
How do I buy Whitestone REIT stock?
Shares of Whitestone REIT can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Whitestone REIT stock cost?
One share of Whitestone REIT stock can currently be purchased for approximately $11.97.
Earnings History for Whitestone REIT (NYSE:WSR)Earnings History by Quarter for Whitestone REIT (NYSE:WSR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/25/2017|| || || || || || || || |
|5/3/2017||Q1 2017||$0.25||$0.32||$28.03 million||$28.27 million||View||Listen|
|3/1/2017||Q4 2016||$0.07||$0.34||$26.50 million||$28.40 million||View||Listen|
|7/27/2016||Q2||$0.34||$0.32||$26.04 million||$25.13 million||View||N/A|
|4/27/2016||Q116||$0.34||$0.34||$25.57 million||$25.40 million||View||N/A|
|2/24/2016||Q415||$0.31||$0.34||$24.78 million||$25.95 million||View||Listen|
|11/4/2015||Q3||$0.31||$0.34||$23.34 million||$24.60 million||View||N/A|
|8/5/2015||Q215||$0.32||$0.35||$21.60 million||$22.00 million||View||N/A|
|5/5/2015||Q115||$0.32||$0.34||$20.40 million||$21.25 million||View||N/A|
|2/26/2015||Q414||$0.28||$0.32||$19.82 million||$19.21 million||View||N/A|
|11/7/2014||Q314||$0.27||$0.30||$18.30 million||$18.90 million||View||N/A|
|5/5/2014||Q1 14||$0.28||$0.31||$18.68 million||$17.79 million||View||N/A|
|8/5/2013||Q213||$0.25||$0.26||$15.11 million||$14.80 million||View||N/A|
|5/6/2013||Q113||$0.27||$0.24||$14.79 million||$13.90 million||View||N/A|
|11/7/2012||Q312||$0.24||$0.22||$11.52 million||$11.62 million||View||N/A|
Earnings Estimates for Whitestone REIT (NYSE:WSR)
Current Year EPS Consensus Estimate: $0.29 EPS
Next Year EPS Consensus Estimate: $0.33 EPS
Current Dividend Information for Whitestone REIT (NYSE:WSR)
|Most Recent Dividend:||5/11/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||345.47% (Trailing 12 Months of Earnings) |
393.10% (Based on This Year's Estimates)
345.45% (Based on Next Year's Estimates)
Dividend History by Quarter for Whitestone REIT (NYSE:WSR)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Whitestone REIT (NYSE:WSR)
Insider Ownership Percentage: 5.53%Insider Trades by Quarter for Whitestone REIT (NYSE:WSR)
Institutional Ownership Percentage: 43.27%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/7/2017||Paul T Lambert||Director||Buy||2,500||$13.88||$34,700.00|| |
|8/19/2016||Christine J Mastandrea||VP||Buy||2,000||$14.56||$29,120.00|| |
|8/19/2016||David K Holeman||Insider||Buy||360||$14.56||$5,241.60|| |
|11/13/2015||Paul T. Lambert||Director||Buy||3,000||$11.75||$35,250.00|| |
|8/25/2015||John J Dee||COO||Buy||1,000||$10.84||$10,840.00|| |
|5/28/2015||Paul T Lambert||Director||Buy||2,200||$14.08||$30,976.00|| |
|5/12/2015||Christine J Mastandrea||VP||Buy||1,000||$14.32||$14,320.00|| |
|5/12/2015||David K Holeman||CFO||Buy||312||$14.31||$4,464.72|| |
|5/12/2015||James C Mastandrea||CEO||Buy||1,500||$14.17||$21,255.00|| |
|5/7/2015||Paul T Lambert||Director||Buy||2,000||$14.03||$28,060.00|| |
|11/13/2014||James C Mastandrea||CEO||Buy||1,000||$15.09||$15,090.00|| |
|12/9/2013||James Mastandrea||CEO||Buy||2,800||$13.32||$37,296.00|| |
|11/8/2013||James Mastandrea||CEO||Buy||1,000||$13.44||$13,440.00|| |
|8/16/2013||James Mastandrea||CEO||Buy||1,000||$14.98||$14,980.00|| |
Headline Trends for Whitestone REIT (NYSE:WSR)
Latest Headlines for Whitestone REIT (NYSE:WSR)
|Whitestone Is Poised To Profit, I'm Upgrading To BUY|
seekingalpha.com - May 22 at 8:06 AM
|Whitestone's (WSR) Pinnacle Phase II Attains High Occupancy|
www.nasdaq.com - May 19 at 1:50 PM
|Whitestone's (WSR) Pinnacle Phase II Attains High Occupancy|
finance.yahoo.com - May 19 at 1:50 PM
|Whitestone REIT (WSR) Downgraded to "Underperform" at Maxim Group|
www.americanbankingnews.com - May 18 at 10:56 PM
|Whitestone Announces Leasing Status of its Newest Development - Pinnacle of Scottsdale Phase II (Scottsdale, Arizona)|
finance.yahoo.com - May 17 at 11:06 PM
|$0.25 EPS Expected for Whitestone REIT (WSR) This Quarter|
www.americanbankingnews.com - May 17 at 2:04 PM
|Whitestone REIT (WSR) Lowered to Underperform at Robert W. Baird|
www.americanbankingnews.com - May 17 at 8:16 AM
|Whitestone REIT (WSR) Sees Large Decrease in Short Interest|
www.americanbankingnews.com - May 17 at 7:14 AM
|Whitestone REIT (WSR) Upgraded to Hold at Zacks Investment Research|
www.americanbankingnews.com - May 13 at 9:04 AM
|Whitestone REIT (WSR) Acquires Eldorado Plaza in McKinney Texas|
www.streetinsider.com - May 11 at 3:34 AM
|Whitestone REIT Acquires Eldorado Plaza in the Dallas/Fort Worth Metroplex Expanding its E-Commerce|
www.nasdaq.com - May 9 at 8:13 PM
|Whitestone REIT buys Dallas-area shopping center|
seekingalpha.com - May 9 at 9:41 AM
|Whitestone REIT Acquires Eldorado Plaza in the Dallas/Fort Worth Metroplex Expanding its E-Commerce Resistant Portfolio in One of the Fastest Growing Markets in the US|
finance.yahoo.com - May 9 at 9:33 AM
|Whitestone REIT (WSR) Lowered to Sell at Zacks Investment Research|
www.americanbankingnews.com - May 6 at 9:08 AM
|Houston REIT says portfolio is 'e-commerce resistant'|
www.bizjournals.com - May 6 at 1:59 AM
|Edited Transcript of WSR earnings conference call or presentation 4-May-17 3:00pm GMT|
finance.yahoo.com - May 6 at 1:59 AM
|Whitestone REIT (WSR) Releases Earnings Results, Beats Estimates By $0.07 EPS|
www.americanbankingnews.com - May 4 at 4:02 PM
|Whitestone REIT (WSR) Updates FY17 Earnings Guidance|
www.americanbankingnews.com - May 4 at 1:13 AM
|Whitestone REIT (WSR) Issues FY17 Earnings Guidance|
www.americanbankingnews.com - May 3 at 11:04 PM
|Whitestone REIT Reports First Quarter 2017 Results|
finance.yahoo.com - May 3 at 7:01 PM
|Whitestone reports 1Q results|
marketbeat.com - May 3 at 6:05 PM
|Whitestone REIT: This 9% Yielder Is A Buy|
seekingalpha.com - May 3 at 9:40 AM
|Whitestone REIT : WSR-US: Dividend Analysis : May 03rd, 2017 (record date) : By the numbers : May 2, 2017|
finance.yahoo.com - May 2 at 6:48 PM
|Whitestone REIT (WSR) Earning Favorable News Coverage, Analysis Shows|
www.americanbankingnews.com - May 2 at 11:02 AM
|Whitestone REIT (WSR) Set to Announce Quarterly Earnings on Wednesday|
www.americanbankingnews.com - May 1 at 4:00 PM
|Deal of the Week: Local REIT buys Blvd Place, plans to build next phase|
www.bizjournals.com - April 30 at 2:21 AM
|Whitestone REIT (WSR) Getting Very Positive Media Coverage, Study Shows|
www.americanbankingnews.com - April 29 at 8:11 AM
| Brokerages Anticipate Whitestone REIT (WSR) Will Post Quarterly Sales of $28.03 Million|
www.americanbankingnews.com - April 28 at 2:40 PM
| Analysts Anticipate Whitestone REIT (WSR) to Post $0.25 Earnings Per Share|
www.americanbankingnews.com - April 26 at 10:32 PM
|Whitestone REIT (WSR) Earns Daily Media Impact Score of 0.13|
www.americanbankingnews.com - April 25 at 3:16 PM
|Whitestone REIT Announces First Quarter 2017 Earnings Webcast and Conference Call|
finance.yahoo.com - April 24 at 7:02 PM
|Whitestone REIT (WSR) Set to Announce Quarterly Earnings on Tuesday|
www.americanbankingnews.com - April 23 at 7:18 AM
|Whitestone REIT: Buyer Beware|
seekingalpha.com - April 21 at 9:46 PM
|Whitestone REIT breached its 50 day moving average in a Bearish Manner : WSR-US : April 21, 2017|
finance.yahoo.com - April 21 at 9:46 PM
|Whitestone REIT (WSR) Earning Somewhat Favorable Press Coverage, Study Finds|
www.americanbankingnews.com - April 21 at 2:49 PM
|Whitestone REIT 9.4% on capital raise|
seekingalpha.com - April 20 at 10:23 AM
|Whitestone REIT Announces Proposed Offering of Common Shares|
finance.yahoo.com - April 20 at 1:24 AM
|Whitestone REIT Agrees to Acquire Two Premier Retail Centers in Affluent and Fast-Growing Texas Communities|
feeds.benzinga.com - April 19 at 5:56 PM
|Whitestone REIT buying two Texas retail centers|
seekingalpha.com - April 19 at 4:50 PM
|Whitestone REIT (WSR) Given Daily Coverage Optimism Rating of 0.47|
www.americanbankingnews.com - April 18 at 11:58 AM
|Whitestone REIT (WSR) Getting Positive Press Coverage, Study Shows|
www.americanbankingnews.com - April 14 at 11:40 AM
|Whitestone REIT : WSR-US: Dividend Analysis : April 05th, 2017 (record date) : By the numbers : April 13, 2017|
finance.yahoo.com - April 13 at 3:25 PM
| Analysts Anticipate Whitestone REIT (WSR) Will Announce Quarterly Sales of $28.03 Million|
www.americanbankingnews.com - April 7 at 8:31 PM
|$0.23 Earnings Per Share Expected for Whitestone REIT (WSR) This Quarter|
www.americanbankingnews.com - April 5 at 5:19 PM
|Buy These 3 REITs While They're Still Ridiculously Cheap|
www.forbes.com - April 2 at 12:15 PM
|Cash Dividend On The Way From Whitestone REIT (WSR)|
www.thestreet.com - March 30 at 3:30 PM
|March Madness Continues: This High-Flyer Pays 8.6%|
seekingalpha.com - March 24 at 3:44 PM
|Whitestone REIT's Board of Trustees Declares Second Quarter 2017 Dividend - GlobeNewswire (press release)|
globenewswire.com - March 22 at 1:28 AM
|Whitestone REIT Announces Monthly Dividend of $0.10 (WSR)|
www.americanbankingnews.com - March 21 at 5:43 PM
|Whitestone REIT Declares Monthly Dividend of $0.10 (WSR)|
www.americanbankingnews.com - March 21 at 5:43 PM
Whitestone REIT (WSR) Chart for Tuesday, May, 23, 2017