Whitestone REIT (WSR) Stock Forecast, Price & News

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.

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.

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.
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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.

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

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".

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.

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.

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

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.

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 -.

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.

Based on aggregate information from My MarketBeat watchlists, some companies that other Whitestone REIT investors own include Energy Transfer (ET), AT&T (T), New Residential Investment (NRZ), CBL & Associates Properties (CBL), AGNC Investment (AGNC), Prospect Capital (PSEC), Annaly Capital Management (NLY), General Electric (GE), Medical Properties Trust (MPW) and NGL Energy Partners (NGL).

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

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

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.

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.