Whitestone REIT - WSR Stock Forecast, Price & News

3 Wall Street 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 research analysts is that investors should "buy" WSR shares.
View WSR analyst ratings or view top-rated stocks.

3 equities research analysts have issued 12 month target prices for Whitestone REIT's shares. Their WSR share price forecasts range from $11.50 to $15.00. On average, they predict the company's share price to reach $13.17 in the next twelve months. This suggests a possible upside of 18.4% 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 $10.13 at the beginning of 2022. Since then, WSR shares have increased by 9.8% and is now trading at $11.12.
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Whitestone REIT saw a drop in short interest during the month of July. As of July 15th, there was short interest totaling 932,300 shares, a drop of 15.2% from the June 30th total of 1,100,000 shares. Based on an average daily trading volume, of 421,700 shares, the short-interest ratio is presently 2.2 days.
View Whitestone REIT's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our WSR earnings forecast.

Whitestone REIT (NYSE:WSR) issued its quarterly earnings results on Tuesday, May, 3rd. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by $0.06. Whitestone REIT had a trailing twelve-month return on equity of 4.22% and a net margin of 12.55%. During the same quarter last year, the firm earned $0.23 earnings per share.

Whitestone REIT declared a monthly dividend on Monday, August 1st. Stockholders of record on Friday, December 2nd will be paid a dividend of $0.04 per share on Wednesday, December 14th. This represents a $0.48 annualized dividend and a dividend yield of 4.32%. The ex-dividend date of this dividend is Thursday, December 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 4.30%. 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 141.18%. 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 60.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WSR.

Whitestone REIT issued an update on its FY 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share (EPS) guidance of $0.98-$1.02 for the period. 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 $11.12.

Whitestone REIT (NYSE:WSR) has a market capitalization of $548.99 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 $0.34 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.