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American Express profits jump 34%, helped by jump in new customers, higher spending
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Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
NYSE:WSR

Whitestone REIT (WSR) Stock Price, News & Analysis

$11.22
+0.28 (+2.56%)
(As of 04/19/2024 ET)
Today's Range
$10.96
$11.24
50-Day Range
$10.81
$12.77
52-Week Range
$8.21
$13.12
Volume
221,593 shs
Average Volume
283,420 shs
Market Capitalization
$560.55 million
P/E Ratio
29.53
Dividend Yield
4.46%
Price Target
$13.63

Whitestone REIT MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
21.4% Upside
$13.63 Price Target
Short Interest
Healthy
2.04% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
7.69%
From $1.04 to $1.12 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.46 out of 5 stars

Finance Sector

576th out of 851 stocks

Real Estate Investment Trusts Industry

116th out of 181 stocks

WSR stock logo

About Whitestone REIT Stock (NYSE:WSR)

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 Stock Price History

WSR Stock News Headlines

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
The Analyst Landscape: 4 Takes On Whitestone REIT
Whitestone REIT Acquires Scottsdale Commons
Wipro CEO Thierry Delaporte resigns
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
8 Stocks I'm Buying The Second Week Of April
Positive Report for Whitestone REIT (WSR) from JMP Securities
Four REITs That Just Raised Dividends
See More Headlines
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Company Calendar

Last Earnings
5/03/2022
Today
4/20/2024
Ex-Dividend for 5/14 Dividend
5/01/2024
Next Earnings (Confirmed)
5/01/2024
Dividend Payable
5/14/2024
Ex-Dividend for 6/13 Dividend
6/04/2024
Dividend Payable
6/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Diversified REITs
CUSIP
96608420
Employees
79
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.63
High Stock Price Target
$15.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+21.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$19.18 million
Pretax Margin
13.54%

Debt

Sales & Book Value

Annual Sales
$146.97 million
Cash Flow
$1.10 per share
Book Value
$8.46 per share

Miscellaneous

Free Float
47,210,000
Market Cap
$560.55 million
Optionable
Optionable
Beta
1.19
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Key Executives

  • Mr. David K. Holeman CPA (Age 61)
    CEO & Director
    Comp: $1.04M
  • Mr. J. Scott Hogan (Age 54)
    Chief Financial Officer
    Comp: $497.64k
  • Ms. Christine C. J. Mastandrea (Age 58)
    Chief Operating Officer
    Comp: $731.77k
  • Mr. Peter A. Tropoli (Age 52)
    General Counsel & Corporate Secretary
    Comp: $527.6k
  • Ms. Soklin Siv (Age 50)
    Vice President of Human Resources
    Comp: $402.09k
  • Mr. David Mordy
    Director of Investor Relations
  • Mr. Matthew A. Okmin
    Regional Senior Vice President of Arizona
  • David C. Spagnolo
    Regional Senior Vice President of Dallas & Austin
  • Mr. Michael Ly
    Controller

WSR Stock Analysis - Frequently Asked Questions

Should I buy or sell Whitestone REIT stock right now?

4 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 3 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 target for 2024?

4 analysts have issued 1-year target prices for Whitestone REIT's shares. Their WSR share price targets range from $11.00 to $15.00. On average, they expect the company's share price to reach $13.63 in the next year. This suggests a possible upside of 21.4% 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 2024?

Whitestone REIT's stock was trading at $12.29 on January 1st, 2024. Since then, WSR shares have decreased by 8.7% and is now trading at $11.22.
View the best growth stocks for 2024 here
.

When is Whitestone REIT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
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 Thursday, May 2nd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13742562".

How were Whitestone REIT's earnings last quarter?

Whitestone REIT (NYSE:WSR) announced its quarterly earnings data 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 13.05% and a trailing twelve-month return on equity of 4.51%. During the same quarter last year, the company earned $0.23 EPS.

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

Whitestone REIT declared a monthly dividend on Thursday, March 7th. Stockholders of record on Tuesday, June 4th will be paid a dividend of $0.0413 per share on Thursday, June 13th. This represents a $0.50 dividend on an annualized basis and a yield of 4.41%. The ex-dividend date is Tuesday, June 4th.
Read our dividend analysis for WSR
.

Is Whitestone REIT a good dividend stock?

Whitestone REIT (NYSE:WSR) pays an annual dividend of $0.50 per share and currently has a dividend yield of 4.52%. WSR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 131.58%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, WSR will have a dividend payout ratio of 44.64% 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 issued an update on its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided EPS guidance of 0.980-1.040 for the period, compared to the consensus EPS estimate of 1.040. 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?
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:WSR) was last updated on 4/20/2024 by MarketBeat.com Staff

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