Whitestone REIT Company Profile (NYSE:WSR)

Whitestone REIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "WSR."

Whitestone REIT declared a monthly dividend on Tuesday, September 19th. Shareholders of record on Friday, November 3rd will be given a dividend of $0.095 per share on Monday, November 13th. This represents a $1.14 dividend on an annualized basis and a yield of 8.76%. The ex-dividend date is Thursday, November 2nd. View Whitestone REIT's Dividend History.

Whitestone REIT (NYSE:WSR) issued its earnings results on Wednesday, August, 2nd. The company reported $0.31 EPS for the quarter, beating analysts' consensus estimates of $0.26 by $0.05. The company had revenue of $30.20 million for the quarter, compared to analyst estimates of $30.68 million. Whitestone REIT had a net margin of 4.36% and a return on equity of 1.69%. The firm's quarterly revenue was up 20.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.32 earnings per share. View Whitestone REIT's Earnings History.

Whitestone REIT is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for Whitestone REIT.

Whitestone REIT issued an update on its FY17 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of $1.29-$1.34 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.34.

4 equities research analysts have issued 12-month target prices for Whitestone REIT's stock. Their predictions range from $10.00 to $20.00. On average, they expect Whitestone REIT's share price to reach $14.67 in the next twelve months. View Analyst Ratings for Whitestone REIT.

Here are some recent quotes from research analysts about Whitestone REIT stock:

• 1. 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. " (8/18/2017)
• 2. Maxim Group analysts commented, "An SEC Schedule 13D, relating to a 7.1% ownership interest in WSR, was filed on June 12 by KBS Strategic Opportunity REIT and affiliates (KBS), an institutional investor based in California. The shares were acquired between May 5 and June 12 at an average price of $11.78 per share. The filing indicates that KBS currently intends to continue to make open market purchases until KBS holds 9.6% of WSR shares." (6/14/2017)

Some companies that are related to Whitestone REIT include Urstadt Biddle Properties (UBA), Newriver Reit PLC (NRR), Easterly Government Properties (DEA), Redefine International PLC (RDI), First Potomac Realty Trust (FPO), Armada Hoffler Properties (AHH), Gladstone Commercial Corporation (GOOD), Picton Property Income Ltd (PCTN), One Liberty Properties (OLP), Standard Life Inv Prop Inc Trust Ltd (SLI), Resource Capital Corp. (RSO), Regional REIT Ltd (RGL), McKay Securities plc (MCKS), RAIT Financial Trust (RAS), Power REIT (PW), A & J Mucklow Group P L C (37HR), Brookfield Canada Office Properties (BOXC) and Equity One (EQY).

Whitestone REIT's management team includes the folowing people:

• James C. Mastandrea, Chairman of the Board of Trustees, Chief Executive Officer
• David K. Holeman, Chief Financial Officer
• John J. Dee, Chief Operating Officer, Corporate Secretary
• Bradford D. Johnson, Vice President - Acquisitions and Asset Management
• Christine J. Mastandrea, Vice President - Property Strategy and Market
• David F. Taylor, Independent Director
• Daryl J. Carter, Independent Trustee
• Donald F. Keating, Independent Trustee
• Paul T. Lambert, Independent Trustee
• Jack L. Mahaffey, Independent Trustee

Whitestone REIT's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.20%), PVG Asset Management Corp (2.54%), State Street Corp (1.74%), State of New Jersey Common Pension Fund D (1.46%), Chilton Capital Management LLC (1.43%) and Dimensional Fund Advisors LP (1.27%). Company insiders that own Whitestone REIT stock include Christine J Mastandrea, David K Holeman and Paul T Lambert. View Institutional Ownership Trends for Whitestone REIT.

Whitestone REIT's stock was sold by a variety of institutional investors in the last quarter, including TIAA CREF Investment Management LLC, Westwood Management Corp IL, Parametric Portfolio Associates LLC, Schwab Charles Investment Management Inc., Aperio Group LLC, Royal Bank of Canada and Ridgewood Investments LLC. View Insider Buying and Selling for Whitestone REIT.

Whitestone REIT's stock was purchased by a variety of institutional investors in the last quarter, including PVG Asset Management Corp, Chilton Capital Management LLC, Northpointe Capital LLC, Vanguard Group Inc., Garner Asset Management Corp, Northern Trust Corp, State Street Corp and Rational Advisors LLC. Company insiders that have bought Whitestone REIT stock in the last two years include Christine J Mastandrea, David K Holeman and Paul T Lambert. View Insider Buying and Selling for Whitestone REIT.

Shares of Whitestone REIT can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Whitestone REIT stock can currently be purchased for approximately $13.02.