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About Whitestone REIT (NYSE:WSR)
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 mix of national, regional and local tenants provides daily necessities, needed services and entertainment not typically readily available online to their respective communities. 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 February 28, 2018, Whitestone's total shareholder return ranks #1 of 17, #2 of 17, and #4 of 15, of the U.S. public shopping center REITs for the one-year, three-year, and five-year periods, respectively . Visit www.whitestonereit.com for additional information.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
SymbolNYSE:WSR
CUSIP96608420
Phone713-827-9595
Debt
Debt-to-Equity Ratio1.89
Current Ratio1.13
Quick Ratio1.13
Price-To-Earnings
Trailing P/E Ratio9.66
Forward P/E Ratio11.98
P/E GrowthN/A
Sales & Book Value
Annual Sales$125.96 million
Price / Sales3.82
Cash Flow$0.9727 per share
Price / Cash12.44
Book Value$8.90 per share
Price / Book1.36
Profitability
EPS (Most Recent Fiscal Year)$1.25
Net Income$8.33 million
Net Margins7.56%
Return on Equity2.78%
Return on Assets0.93%
Miscellaneous
Employees103
Outstanding Shares39,790,000
Whitestone REIT (NYSE:WSR) Frequently Asked Questions
What is Whitestone REIT's stock symbol?
Whitestone REIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "WSR."
How often does Whitestone REIT pay dividends? What is the dividend yield for Whitestone REIT?
Whitestone REIT declared a monthly dividend on Wednesday, March 7th. Stockholders of record on Monday, June 4th will be paid a dividend of $0.095 per share on Wednesday, June 13th. This represents a $1.14 annualized dividend and a dividend yield of 9.42%. The ex-dividend date of this dividend is Friday, June 1st. View Whitestone REIT's Dividend History.
How were Whitestone REIT's earnings last quarter?
Whitestone REIT (NYSE:WSR) issued its quarterly earnings data on Thursday, March, 1st. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.27 by $0.22. The real estate investment trust earned $33.83 million during the quarter, compared to analysts' expectations of $33.59 million. Whitestone REIT had a net margin of 7.56% and a return on equity of 2.78%. View Whitestone REIT's Earnings History.
When is Whitestone REIT's next earnings date?
What price target have analysts set for WSR?
6 Wall Street analysts have issued 1 year price objectives for Whitestone REIT's shares. Their predictions range from $10.00 to $16.00. On average, they expect Whitestone REIT's share price to reach $13.20 in the next year. View Analyst Ratings for Whitestone REIT.
What are Wall Street analysts saying about Whitestone REIT stock?
Here are some recent quotes from research analysts about Whitestone REIT stock:
- 1. Maxim Group analysts commented, "WSR reported 1Q18 core FFO of $0.31 versus its dividend of $0.285. Management maintained its 2018 core FFO guidance of $1.19-$1.24; we are maintaining our estimate of $1.24, at the high-end of the range. In our view, WSR has a sound business model, excellent management team, and sufficient earnings power to cover the dividend (which is now yielding over 10%), and we expect 2019 to be an even stronger year once WSR’s Pillarstone position is disposed of and other development projects come fully on line. We reiterate our Buy rating and $16 price target; our price target equates to 12.9x our 2018 core FFO estimate, a 15% discount to peers." (5/8/2018)
- 2. According to Zacks Investment Research, "Whitestone REIT is a fully integrated real estate investment trust that acquires, owns, manages, develops and redevelops high quality internet-resistant neighborhood, community and lifestyle retail centers. Whitestone's properties are principally located in Austin, Dallas-Fort Worth, Houston, San Antonio and Phoenix, which are among the fastest-growing markets in the country with highly educated workforces, high household incomes and strong job growth. The Company's strategy is to target shifting consumer behavior and purchasing patterns by creating a complementary mix of grocery, dining, health and wellness, education, services, entertainment and specialty retail in its properties. Whitestone's national, regional and local tenants provide daily necessities, needed services and convenience to the community which are not readily available online. Whitestone is headquartered in Houston, Texas. " (5/5/2018)
Who are some of Whitestone REIT's key competitors?
Some companies that are related to Whitestone REIT include Chesapeake Lodging (CHSP), Select Income REIT (SIR), QTS Realty Trust Inc Class A (QTS), Invesco Mortgage Capital (IVR), Ladder Capital (LADR), American Assets Trust (AAT), Mack-Cali Realty (CLI), Summit Hotel Properties (INN), LTC Properties (LTC), Alexander & Baldwin (ALEX), Safestore (SFSHF), Agree Realty (ADC), CYRELA BRAZIL R/S (CYRBY), Washington Prime Group (WPG) and National Storage (NSA).
Who are Whitestone REIT's key executives?
Whitestone REIT's management team includes the folowing people:
- Mr. James C. Mastandrea IV, Chairman & CEO (Age 75)
- Mr. David K. Holeman CPA, CFO & Principal Accounting Officer (Age 55)
- Mr. John J. Dee, COO, Exec. VP & Sec. (Age 66)
- Ms. Christine C. J. Mastandrea, Exec. VP of Corp. Strategy (Age 52)
- Dr. Bradford D. Johnson, VP of Acquisition & Asset Management (Age 59)
Has Whitestone REIT been receiving favorable news coverage?
Headlines about WSR stock have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Whitestone REIT earned a media sentiment score of 0.14 on Accern's scale. They also assigned media headlines about the real estate investment trust an impact score of 46.26 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
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, Scottrade, Fidelity and Charles Schwab.
What is Whitestone REIT's stock price today?
One share of WSR stock can currently be purchased for approximately $12.10.
How big of a company is Whitestone REIT?
Whitestone REIT has a market capitalization of $480.72 million and generates $125.96 million in revenue each year. The real estate investment trust earns $8.33 million in net income (profit) each year or $1.25 on an earnings per share basis. Whitestone REIT employs 103 workers across the globe.
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]
MarketBeat Community Rating for Whitestone REIT (WSR)
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.
Whitestone REIT (NYSE:WSR) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
6 Wall Street analysts have issued ratings and price targets for Whitestone REIT in the last 12 months. Their average twelve-month price target is $13.20, suggesting that the stock has a possible upside of 9.09%. The high price target for WSR is $16.00 and the low price target for WSR is $10.00. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Hold | Hold | Hold |
| Consensus Rating Score: | 2.50 | 2.29 | 2.33 | 2.25 |
| Ratings Breakdown: | 1 Sell Rating(s)
1 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
1 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
2 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
1 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $13.20 | $12.6667 | $14.40 | $14.6667 |
| Price Target Upside: | 9.09% upside | 20.98% upside | 5.80% upside | 15.39% upside |
Whitestone REIT (NYSE:WSR) Consensus Price Target History
Whitestone REIT (NYSE:WSR) Analyst Ratings History
Show:
(Data available from 5/26/2016 forward)
Whitestone REIT (NYSE:WSR) Dividend Information
Whitestone REIT pays an annual dividend of $1.14 per share, with a dividend yield of 9.42%. WSR's next monthly dividend payment will be made on Wednesday, June 13. Whitestone REIT pays out 91.20% of its earnings out as a dividend.
| Next Dividend: | 6/13/2018 |
| Annual Dividend: | $1.14 |
| Dividend Yield: | 9.42% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio(s): | 91.20% (Trailing 12 Months of Earnings)
112.87% (Based on This Year's Estimates)
112.87% (Based on Next Year's Estimates)
117.20% (Based on Cash Flow)
|
| Frequency: | Monthly Dividend |
Whitestone REIT (NYSE:WSR) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/7/2018 | monthly | $0.0950 | 10.53% | 6/1/2018 | 6/4/2018 | 6/13/2018 |
| 3/7/2018 | monthly | $0.0950 | 10.53% | 5/1/2018 | 5/2/2018 | 5/11/2018 |
| 3/6/2018 | Monthly | $0.2850 | 10.53% | 4/2/2018 | 4/3/2018 | 4/12/2018 |
| 12/15/2017 | monthly | $0.0950 | 7.74% | 2/2/2018 | 2/5/2018 | 2/14/2018 |
| 12/15/2017 | monthly | $0.0950 | 7.74% | 3/1/2018 | 3/2/2018 | 3/13/2018 |
| 12/14/2017 | Monthly | $0.0950 | 7.74% | 12/29/2017 | 1/2/2018 | 1/11/2018 |
| 9/19/2017 | monthly | $0.0950 | 8.76% | 11/2/2017 | 11/3/2017 | 11/13/2017 |
| 9/19/2017 | monthly | $0.0950 | 8.76% | 12/4/2017 | 12/5/2017 | 12/14/2017 |
| 9/13/2017 | Monthly | $0.0950 | 8.76% | 10/3/2017 | 10/4/2017 | 10/12/2017 |
| 6/16/2017 | monthly | $0.0950 | 9.29% | 8/1/2017 | 8/3/2017 | 8/11/2017 |
| 6/16/2017 | monthly | $0.0950 | 9.29% | 8/31/2017 | 9/5/2017 | 9/13/2017 |
| 6/16/2017 | monthly | $0.0950 | 9.29% | 6/30/2017 | 7/5/2017 | 7/12/2017 |
| 3/21/2017 | monthly | $0.0950 | 8.57% | 5/1/2017 | 5/3/2017 | 5/11/2017 |
| 3/21/2017 | monthly | $0.0950 | 8.57% | 6/1/2017 | 6/5/2017 | 6/13/2017 |
| 3/21/2017 | monthly | $0.0950 | 8.57% | 4/3/2017 | 4/5/2017 | 4/13/2017 |
| 12/22/2016 | monthly | $0.0950 | 8.23% | 2/1/2017 | 2/3/2017 | 2/10/2017 |
| 12/22/2016 | monthly | $0.0950 | 8.23% | 3/1/2017 | 3/3/2017 | 3/10/2017 |
| 12/21/2016 | monthly | $0.0950 | 8.23% | 12/30/2016 | 1/4/2017 | 1/12/2017 |
| 9/22/2016 | monthly | $0.0950 | 7.96% | 9/29/2016 | 10/3/2016 | 10/12/2016 |
| 9/22/2016 | monthly | $0.0950 | 7.96% | 10/28/2016 | 11/1/2016 | 11/11/2016 |
| 9/22/2016 | monthly | $0.0950 | 7.96% | 11/29/2016 | 12/1/2016 | 12/9/2016 |
| 6/7/2016 | monthly | $0.0950 | 8.03% | 8/30/2016 | 9/1/2016 | 9/9/2016 |
| 6/7/2016 | monthly | $0.0950 | 8.03% | 7/28/2016 | 8/1/2016 | 8/9/2016 |
| 6/7/2016 | monthly | $0.0950 | 8.03% | 6/29/2016 | 7/1/2016 | 7/8/2016 |
| 3/15/2016 | monthly | $0.0950 | 9.5% | 4/28/2016 | 5/2/2016 | 5/9/2016 |
| 3/15/2016 | monthly | $0.0950 | 9.5% | 3/30/2016 | 4/1/2016 | 4/8/2016 |
| 3/15/2016 | monthly | $0.0950 | 9.5% | 5/31/2016 | 6/2/2016 | 6/9/2016 |
| 12/21/2015 | monthly | $0.0950 | 9.69% | 3/1/2016 | 3/3/2016 | 3/10/2016 |
| 12/21/2015 | monthly | $0.0950 | 9.69% | 1/4/2016 | 1/6/2016 | 1/13/2016 |
| 12/21/2015 | monthly | $0.0950 | 9.69% | 2/1/2016 | 2/3/2016 | 2/10/2016 |
| 9/25/2015 | monthly | $0.0950 | 9.74% | 10/29/2015 | 11/2/2015 | 11/9/2015 |
| 9/25/2015 | monthly | $0.0950 | 9.74% | 11/30/2015 | 12/2/2015 | 12/9/2015 |
| 9/24/2015 | monthly | $0.0950 | 9.74% | 10/1/2015 | 10/5/2015 | 10/12/2015 |
| 6/8/2015 | monthly | $0.0950 | 8.22% | 6/30/2015 | 7/2/2015 | 7/9/2015 |
| 6/8/2015 | monthly | $0.0950 | 8.22% | 7/30/2015 | 8/3/2015 | 8/10/2015 |
| 6/8/2015 | monthly | $0.0950 | 8.22% | 8/31/2015 | 9/2/2015 | 9/9/2015 |
| 3/3/2015 | monthly | $0.0950 | 7.23% | 3/31/2015 | 4/2/2015 | 4/9/2015 |
| 3/3/2015 | monthly | $0.0950 | 7.23% | 5/29/2015 | 6/2/2015 | 6/9/2015 |
| 3/3/2015 | monthly | $0.0950 | 7.23% | 5/1/2015 | 5/5/2015 | 5/12/2015 |
| 12/19/2014 | monthly | $0.0950 | 7.7% | 1/30/2015 | 2/3/2015 | 2/10/2015 |
| 12/19/2014 | monthly | $0.0950 | 7.7% | 1/2/2015 | 1/6/2015 | 1/13/2015 |
| 12/19/2014 | monthly | $0.0950 | 7.7% | 2/27/2015 | 3/3/2015 | 3/10/2015 |
| 8/26/2014 | monthly | $0.0950 | 7.52% | 10/30/2014 | 11/3/2014 | 11/11/2014 |
| 8/26/2014 | monthly | $0.0950 | 7.52% | 11/26/2014 | 12/1/2014 | 12/9/2014 |
| 8/25/2014 | oct 14 | $0.2850 | 7.52% | 9/29/2014 | 10/1/2014 | 10/9/2014 |
| 6/12/2014 | monthly | $0.0950 | 7.98% | 8/28/2014 | 9/2/2014 | 9/9/2014 |
| 6/11/2014 | jul 14 | $0.0950 | 7.98% | 6/27/2014 | 7/1/2014 | 7/9/2014 |
| 2/27/2014 | monthly | $0.0950 | 8.14% | 5/1/2014 | 5/5/2014 | 5/12/2014 |
| 2/27/2014 | monthly | $0.0950 | 8.14% | 3/31/2014 | 4/2/2014 | 4/9/2014 |
| 2/27/2014 | monthly | $0.0950 | 8.14% | 5/29/2014 | 6/2/2014 | 6/9/2014 |
| 12/24/2013 | monthly | $0.0950 | 8.62% | 1/2/2014 | 1/6/2014 | 1/13/2014 |
| 12/24/2013 | monthly | $0.0950 | 8.62% | 2/27/2014 | 3/3/2014 | 3/10/2014 |
| 12/24/2013 | monthly | $0.0950 | 8.62% | 1/30/2014 | 2/3/2014 | 2/10/2014 |
| 12/23/2013 | jan 14 | $0.0950 | | 1/2/2014 | 1/6/2014 | 1/13/2014 |
| 9/13/2013 | monthly | $0.0950 | 7.82% | 11/27/2013 | 12/2/2013 | 12/11/2013 |
| 9/13/2013 | monthly | $0.0950 | 7.82% | 9/27/2013 | 10/1/2013 | 10/9/2013 |
| 9/13/2013 | monthly | $0.0950 | 7.82% | 10/30/2013 | 11/1/2013 | 11/8/2013 |
| 9/12/2013 | oct 13 | $0.0950 | | | 10/1/2013 | 10/9/2013 |
| 6/4/2013 | monthly | $0.0950 | 6.99% | 7/30/2013 | 8/1/2013 | 8/9/2013 |
| 6/4/2013 | monthly | $0.0950 | 6.99% | 6/27/2013 | 7/1/2013 | 7/9/2013 |
| 6/4/2013 | monthly | $0.0950 | 6.99% | 8/29/2013 | 9/3/2013 | 9/11/2013 |
| 6/4/2013 | jul 13 | $0.0950 | | | 7/1/2013 | 7/9/2013 |
| 3/12/2013 | monthly | $0.0950 | 7.59% | 5/29/2013 | 5/31/2013 | 6/10/2013 |
| 3/12/2013 | monthly | $0.0950 | 7.59% | 3/26/2013 | 3/31/2013 | 4/9/2013 |
| 3/12/2013 | monthly | $0.0950 | 7.59% | 4/26/2013 | 4/30/2013 | 5/9/2013 |
| 3/11/2013 | apr 13 | $0.0950 | | | 3/31/2013 | 4/9/2013 |
| 12/20/2012 | monthly | $0.0950 | 8.1% | 1/29/2013 | 1/31/2013 | 2/8/2013 |
| 12/20/2012 | monthly | $0.0950 | 8.1% | 12/27/2012 | 12/31/2012 | 1/8/2013 |
| 12/20/2012 | monthly | $0.0950 | 8.1% | 2/26/2013 | 2/28/2013 | 3/8/2013 |
(Data available from 1/1/2013 forward)
Whitestone REIT (NYSE WSR) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 5.29%
Institutional Ownership Percentage: 50.94%
Whitestone REIT (NYSE WSR) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/5/2018 | Christine J Mastandrea | VP | Buy | 2,500 | $10.65 | $26,625.00 | 112,013 |  |
| 8/29/2017 | Paul T Lambert | Director | Buy | 3,000 | $12.29 | $36,870.00 | 51,918 | |
| 3/7/2017 | Paul T Lambert | Director | Buy | 2,500 | $13.88 | $34,700.00 | 47,735 | |
| 8/19/2016 | Christine J Mastandrea | VP | Buy | 2,000 | $14.56 | $29,120.00 | 79,507 | |
| 8/19/2016 | David K Holeman | Insider | Buy | 360 | $14.56 | $5,241.60 | 316,734 | |
| 11/13/2015 | Paul T. Lambert | Director | Buy | 3,000 | $11.75 | $35,250.00 | 43,054 | |
| 8/25/2015 | John J Dee | COO | Buy | 1,000 | $10.84 | $10,840.00 | 116,466 | |
| 5/28/2015 | Paul T Lambert | Director | Buy | 2,200 | $14.08 | $30,976.00 | | |
| 5/12/2015 | Christine J Mastandrea | VP | Buy | 1,000 | $14.32 | $14,320.00 | | |
| 5/12/2015 | David K Holeman | CFO | Buy | 312 | $14.31 | $4,464.72 | | |
| 5/12/2015 | James C Mastandrea | CEO | Buy | 1,500 | $14.17 | $21,255.00 | | |
| 5/7/2015 | Paul T Lambert | Director | Buy | 2,000 | $14.03 | $28,060.00 | | |
| 11/13/2014 | James C Mastandrea | CEO | Buy | 1,000 | $15.09 | $15,090.00 | | |
| 12/9/2013 | James Mastandrea | CEO | Buy | 2,800 | $13.32 | $37,296.00 | 114,823 | |
| 11/8/2013 | James Mastandrea | CEO | Buy | 1,000 | $13.44 | $13,440.00 | 112,023 | |
| 8/16/2013 | James Mastandrea | CEO | Buy | 1,000 | $14.98 | $14,980.00 | 111,023 | |
(Data available from 1/1/2013 forward)
Whitestone REIT (NYSE WSR) News Headlines
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Whitestone REIT (NYSE:WSR) SEC Filings
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Whitestone REIT (NYSE:WSR) Income Statement, Balance Sheet and Cash Flow Statement
Whitestone REIT (NYSE WSR) Stock Chart for Saturday, May, 26, 2018
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