Whitestone REIT - WSR Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Whitestone REIT in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" WSR shares.
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4 equities research analysts have issued 1-year target prices for Whitestone REIT's stock. Their WSR share price forecasts range from $10.00 to $13.00. On average, they expect the company's share price to reach $11.88 in the next year. This suggests a possible upside of 15.6% 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 start of the year. Since then, WSR stock has increased by 6.5% and is now trading at $10.27.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 28th 2023.
View our WSR earnings forecast.

Whitestone REIT will be holding an earnings conference call on Wednesday, March 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 "13734723".

Whitestone REIT (NYSE:WSR) announced its quarterly earnings results on Tuesday, May, 3rd. The real estate investment trust reported $0.14 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by $0.06. Whitestone REIT had a net margin of 13.02% and a trailing twelve-month return on equity of 4.43%. During the same quarter in the prior year, the company posted $0.23 EPS.

Whitestone REIT declared a monthly dividend on Thursday, December 15th. Stockholders of record on Thursday, March 2nd will be given a dividend of $0.04 per share on Tuesday, March 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.67%. The ex-dividend date of this dividend is Wednesday, March 1st.
Read our dividend analysis for WSR.

Whitestone REIT (NYSE:WSR) pays an annual dividend of $0.48 per share and currently has a dividend yield of 4.68%. 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 133.33%. 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 65.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WSR.

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 $10.27.

Whitestone REIT (NYSE:WSR) has a market capitalization of $507.24 million and generates $125.36 million in revenue each year. The real estate investment trust earns $12.05 million in net income (profit) each year or $0.36 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.