NYSE:WSRWhitestone REIT Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Whitestone REIT Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $8.05 +0.47 (+6.20 %) (As of 06/5/2020 04:00 PM ET) Add Compare Share Today's Range$7.92Now: $8.05▼$8.3250-Day Range$5.11MA: $5.94▼$7.5852-Week Range$4.70Now: $8.05▼$14.65Volume563,048 shsAverage Volume566,037 shsMarket Capitalization$339.23 millionP/E Ratio15.19Dividend Yield5.54%Beta1.4 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Whitestone is a community-centered retail REIT that acquires, owns, manages, develops and redevelops high quality "E-Commerce resistant" neighborhood, community and lifestyle retail centers principally located in the largest, fastest growing and most affluent markets in the Sunbelt. Whitestone's optimal mix of national, regional and local tenants provides daily necessities, needed services and entertainment to the communities in which they are located. Whitestone's properties are primarily located in business-friendly Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio, which are among the fastest growing U.S. population centers with highly educated workforces, high household incomes and strong job growth. As of December 31, 2018, Whitestone's total shareholder return ranks #2 of 17, #1 of 17, and #2 of 16, of the U.S. public shopping center REITs for the one-year, three-year, and five-year periods, respectively.Read More Beat the Market (BTM) Rank™ 2.3 Analyst's Opinion Consensus RatingWhitestone REIT has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.00, Whitestone REIT has a potential upside of 24.2% from its current price of $8.05.Amount of Analyst CoverageWhitestone REIT has only been the subject of 1 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesWhitestone REIT has received 291 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWhitestone REIT has received 296 “underperform” votes. (Add your “underperform” vote.)Community SentimentWhitestone REIT has received 50.43% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Whitestone REIT and other stocks. Vote “Outperform” if you believe WSR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WSR will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipWhitestone REIT is a leading dividend payer. It pays a dividend yield of 5.54%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWhitestone REIT does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Whitestone REIT is 39.62 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Whitestone REIT will have a dividend payout ratio of 43.30 % next year. This indicates that Whitestone REIT will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Whitestone REIT insiders have bought more of their company's stock than they have sold. Specifically, they have bought $103,500.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 6.30% of the stock of Whitestone REIT is held by insiders.Percentage Held by Institutions57.37% of the stock of Whitestone REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Whitestone REIT are expected to grow by 5.43% in the coming year, from $0.92 to $0.97 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Whitestone REIT is 15.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.01.Price to Earnings Ratio vs. SectorThe P/E ratio of Whitestone REIT is 15.19, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.79.Price to Book Value per Share RatioWhitestone REIT has a P/B Ratio of 0.93. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.3Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.92 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryDiversified REITs SectorFinance Current SymbolNYSE:WSR Previous Symbol CUSIP96608420 CIK1175535 Webwww.whitestonereit.com Phone713-827-9595Debt Debt-to-Equity Ratio1.98 Current Ratio2.18 Quick Ratio2.18Price-To-Earnings Trailing P/E Ratio15.19 Forward P/E Ratio8.75 P/E GrowthN/A Sales & Book Value Annual Sales$119.25 million Price / Sales2.84 Cash Flow$1.33 per share Price / Cash Flow6.05 Book Value$8.69 per share Price / Book0.93Profitability EPS (Most Recent Fiscal Year)$1.06 Net Income$23.68 million Net Margins18.75% Return on Equity6.42% Return on Assets2.11%Miscellaneous Employees98 Outstanding Shares42,140,000Market Cap$339.23 million Next Earnings Date7/29/2020 (Estimated) OptionableOptionable WSR Rates by TradingView Receive WSR News and Ratings via Email Sign-up to receive the latest news and ratings for WSR and its competitors with MarketBeat's FREE daily newsletter. Whitestone REIT (NYSE:WSR) Frequently Asked Questions How has Whitestone REIT's stock been impacted by COVID-19 (Coronavirus)? Whitestone REIT's stock was trading at $10.76 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WSR stock has decreased by 25.2% and is now trading at $8.05. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Whitestone REIT? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Whitestone REIT in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Whitestone REIT. When is Whitestone REIT's next earnings date? Whitestone REIT is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Whitestone REIT. How were Whitestone REIT's earnings last quarter? Whitestone REIT (NYSE:WSR) issued its earnings results on Thursday, May, 7th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.19 by $0.15. The real estate investment trust earned $30.58 million during the quarter, compared to analysts' expectations of $31.09 million. Whitestone REIT had a return on equity of 6.42% and a net margin of 18.75%. View Whitestone REIT's earnings history. How often does Whitestone REIT pay dividends? What is the dividend yield for Whitestone REIT? Whitestone REIT declared a monthly dividend on Friday, March 27th. Shareholders of record on Tuesday, June 2nd will be paid a dividend of $0.035 per share on Friday, June 12th. This represents a $0.42 annualized dividend and a yield of 5.22%. The ex-dividend date of this dividend is Monday, June 1st. View Whitestone REIT's dividend history. What price target have analysts set for WSR? 2 analysts have issued 1 year price objectives for Whitestone REIT's shares. Their forecasts range from $5.00 to $15.00. On average, they anticipate Whitestone REIT's share price to reach $10.00 in the next year. This suggests a possible upside of 24.2% from the stock's current price. View analysts' price targets for Whitestone REIT. Has Whitestone REIT been receiving favorable news coverage? Press coverage about WSR stock has been trending positive recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Whitestone REIT earned a media sentiment score of 2.4 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutWhitestone REIT. Are investors shorting Whitestone REIT? Whitestone REIT saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,340,000 shares, an increase of 37.2% from the April 30th total of 976,600 shares. Based on an average daily trading volume, of 433,600 shares, the days-to-cover ratio is presently 3.1 days. Approximately 3.6% of the company's stock are sold short. View Whitestone REIT's Current Options Chain. Who are some of Whitestone REIT's key competitors? Some companies that are related to Whitestone REIT include Duke Realty (DRE), Vornado Realty Trust (VNO), Cousins Properties (CUZ), PS Business Parks (PSB), Spirit Realty Capital (SRC), Lexington Realty Trust (LXP), Washington Real Estate Investment Trust (WRE), American Assets Trust (AAT), Investors Real Estate Trust Reit (IRET), Gladstone Commercial (GOOD), One Liberty Properties (OLP) and Gyrodyne (GYRO). View all competitors. What other stocks do shareholders of Whitestone REIT own? Based on aggregate information from My MarketBeat watchlists, some companies that other Whitestone REIT investors own include New Residential Investment (NRZ), AT&T (T), Energy Transfer LP Unit (ET), CBL & Associates Properties (CBL), AGNC Investment (AGNC), Medical Properties Trust (MPW), NGL Energy Partners (NGL), Prospect Capital (PSEC), General Electric (GE) and Global Net Lease (GNL). Who are Whitestone REIT's key executives? Whitestone REIT's management team includes the following people: Mr. James C. Mastandrea, Chairman & CEO (Age 76)Mr. David K. Holeman CPA, Chief Financial Officer (Age 56)Mr. John J. Dee, COO, Exec. VP & Sec. (Age 67)Mr. Bradford D. Johnson, Exec. VP of Acquisition & Asset Management (Age 60)Ms. Christine C. J. Mastandrea, Exec. VP of Corp. Strategy (Age 53) 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 can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Whitestone REIT's stock price today? One share of WSR stock can currently be purchased for approximately $8.05. How big of a company is Whitestone REIT? Whitestone REIT has a market capitalization of $339.23 million and generates $119.25 million in revenue each year. The real estate investment trust earns $23.68 million in net income (profit) each year or $1.06 on an earnings per share basis. Whitestone REIT employs 98 workers across the globe. What is Whitestone REIT's official website? The official website for Whitestone REIT is www.whitestonereit.com. How can I contact Whitestone REIT? 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] This page was last updated on 6/6/2020 by MarketBeat.com Staff
