Whitestone REIT Stock Forecast, Price & News

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

Wall Street analysts have given Whitestone REIT a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Whitestone REIT wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Whitestone REIT saw a increase in short interest during the month of May. As of May 14th, there was short interest totaling 706,500 shares, an increase of 42.1% from the April 29th total of 497,100 shares. Based on an average daily volume of 254,000 shares, the days-to-cover ratio is presently 2.8 days. Approximately 1.8% of the company's shares are sold short.
View Whitestone REIT's Short Interest.

Whitestone REIT is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Whitestone REIT.

Whitestone REIT (NYSE:WSR) issued its earnings results on Tuesday, May, 4th. The real estate investment trust reported $0.03 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.21 by $0.18. Whitestone REIT had a trailing twelve-month return on equity of 1.73% and a net margin of 5.02%.
View Whitestone REIT's earnings history.

Whitestone REIT's stock was trading at $10.76 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, WSR shares have decreased by 19.4% and is now trading at $8.67.
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Whitestone REIT declared a monthly dividend on Wednesday, March 31st. Stockholders of record on Wednesday, June 2nd will be paid a dividend of $0.0358 per share on Thursday, June 10th. This represents a $0.43 dividend on an annualized basis and a dividend yield of 4.96%. The ex-dividend date of this dividend is Tuesday, June 1st.
View Whitestone REIT's dividend history.

Whitestone REIT pays an annual dividend of $0.43 per share and currently has a dividend yield of 4.96%. WSR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Whitestone REIT does not yet have a strong track record of dividend growth. The dividend payout ratio of Whitestone REIT is 46.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Whitestone REIT will have a dividend payout ratio of 50.59% next year. This indicates that Whitestone REIT will be able to sustain or increase its dividend.
View Whitestone REIT's dividend history.

1 brokers have issued 1 year price objectives for Whitestone REIT's stock. Their forecasts range from $13.00 to $13.00. On average, they expect Whitestone REIT's stock price to reach $13.00 in the next twelve months. This suggests a possible upside of 49.9% from the stock's current price.
View analysts' price targets for Whitestone REIT or view top-rated stocks among Wall Street analysts.

18 employees have rated Whitestone REIT CEO James C. Mastandrea on Glassdoor.com. James C. Mastandrea has an approval rating of 29% among Whitestone REIT'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.

Some companies that are related to Whitestone REIT include Duke Realty (DRE), Vornado Realty Trust (VNO), Cousins Properties (CUZ), Spirit Realty Capital (SRC), PS Business Parks (PSB), Lexington Realty Trust (LXP), American Assets Trust (AAT), Washington Real Estate Investment Trust (WRE), Gladstone Commercial (GOOD), One Liberty Properties (OLP) and Gyrodyne (GYRO).
View all of WSR's competitors.

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 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 $8.67.

Whitestone REIT has a market capitalization of $370.89 million and generates $117.92 million in revenue each year. The real estate investment trust earns $6.03 million in net income (profit) each year or $0.93 on an earnings per share basis.

Whitestone REIT employs 90 workers across the globe.

The official website for Whitestone REIT is www.whitestonereit.com.

Whitestone REIT is headquartered at 2600 SOUTH GESSNER SUITE 500, HOUSTON TX, 77063.

Whitestone REIT's mailing address is 2600 SOUTH GESSNER SUITE 500, HOUSTON TX, 77063. The real estate investment trust can be reached via phone at 713-827-9595 or via email at [email protected]