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 $6.67 -0.05 (-0.74 %) (As of 07/9/2020 04:00 PM ET) Add Compare Share Today's Range$6.49Now: $6.67▼$6.7950-Day Range$5.88MA: $6.92▼$9.1552-Week Range$4.70Now: $6.67▼$14.65Volume279,100 shsAverage Volume406,275 shsMarket Capitalization$281.05 millionP/E Ratio12.59Dividend Yield6.30%Beta1.41 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™ 3.2 Analyst's Opinion Consensus RatingWhitestone REIT has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.00, Whitestone REIT has a potential upside of 49.9% from its current price of $6.67.Amount of Analyst CoverageWhitestone REIT has only been the subject of 2 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 298 “underperform” votes. (Add your “underperform” vote.)Community SentimentWhitestone REIT has received 50.59% “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 6.30%, 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 48.84% 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 $116,480.00 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 4.88% in the coming year, from $0.82 to $0.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Whitestone REIT is 12.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.75.Price to Earnings Ratio vs. SectorThe P/E ratio of Whitestone REIT is 12.59, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.18.Price to Book Value per Share RatioWhitestone REIT has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.2Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™3.10 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 Ratio12.59 Forward P/E Ratio8.13 P/E GrowthN/A Sales & Book Value Annual Sales$119.25 million Price / Sales2.36 Cash Flow$1.24 per share Price / Cash Flow5.36 Book Value$8.69 per share Price / Book0.77Profitability 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 Shares42,136,000Market Cap$281.05 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. Since then, WSR stock has decreased by 38.0% and is now trading at $6.67. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Whitestone REIT? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Whitestone REIT in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." 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 quarterly earnings data on Thursday, May, 7th. The real estate investment trust reported $0.04 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.19 by $0.15. The real estate investment trust had revenue of $30.58 million for the quarter, compared to the consensus estimate of $31.09 million. Whitestone REIT had a net margin of 18.75% and a return on equity of 6.42%. View Whitestone REIT's earnings history. How often does Whitestone REIT pay dividends? What is the dividend yield for Whitestone REIT? Whitestone REIT announced a monthly dividend on Wednesday, June 17th. Investors of record on Tuesday, August 4th will be paid a dividend of $0.035 per share on Thursday, August 13th. This represents a $0.42 dividend on an annualized basis and a yield of 6.30%. The ex-dividend date of this dividend is Monday, August 3rd. View Whitestone REIT's dividend history. What price target have analysts set for WSR? 3 brokerages have issued 12 month price targets for Whitestone REIT's stock. Their forecasts range from $5.00 to $15.00. On average, they anticipate Whitestone REIT's stock price to reach $10.00 in the next year. This suggests a possible upside of 49.9% from the stock's current price. View analysts' price targets for Whitestone REIT. Has Whitestone REIT been receiving favorable news coverage? News coverage about WSR stock has trended somewhat negative on Thursday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive 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 -5 to 5, with scores nearest to five being the most favorable. Whitestone REIT earned a news impact score of -1.6 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near future. View the latest news about Whitestone REIT. Are investors shorting Whitestone REIT? Whitestone REIT saw a decrease in short interest in June. As of June 15th, there was short interest totaling 790,300 shares, a decrease of 39.7% from the May 31st total of 1,310,000 shares. Based on an average daily trading volume, of 531,600 shares, the short-interest ratio is presently 1.5 days. Approximately 2.1% of the shares of the 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 $6.67. How big of a company is Whitestone REIT? Whitestone REIT has a market capitalization of $281.05 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 7/9/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
