NYSE:WSR Whitestone REIT Stock Forecast, Price & 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 $5.76 +0.11 (+1.95 %) (As of 09/24/2020 12:00 AM ET) Add Compare Share Today's Range$5.62Now: $5.76▼$5.9050-Day Range$5.65MA: $6.48▼$7.1352-Week Range$4.70Now: $5.76▼$14.65Volume319,088 shsAverage Volume375,674 shsMarket Capitalization$243.91 millionP/E Ratio12.52Dividend Yield7.43%Beta1.27 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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 $9.00, Whitestone REIT has a forecasted upside of 56.3% from its current price of $5.76.Amount of Analyst CoverageWhitestone REIT has only been the subject of 1 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesWhitestone REIT has received 292 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWhitestone REIT has received 300 “underperform” votes. (Add your “underperform” vote.)Community SentimentWhitestone REIT has received 50.68% “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 7.43%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWhitestone REIT has only been increasing its dividend for 1 years.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 45.16% 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 $12,980.00 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 Institutions56.02% 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 12.05% in the coming year, from $0.83 to $0.93 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Whitestone REIT is 12.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.07.Price to Earnings Ratio vs. SectorThe P/E ratio of Whitestone REIT is 12.52, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 16.48.Price to Book Value per Share RatioWhitestone REIT has a P/B Ratio of 0.66. 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 Ratio2.01 Current Ratio2.19 Quick Ratio2.19Price-To-Earnings Trailing P/E Ratio12.52 Forward P/E Ratio6.94 P/E GrowthN/A Sales & Book Value Annual Sales$119.25 million Price / Sales2.05 Cash Flow$1.22 per share Price / Cash Flow4.71 Book Value$8.69 per share Price / Book0.66Profitability EPS (Most Recent Fiscal Year)$1.06 Net Income$23.68 million Net Margins16.59% Return on Equity5.78% Return on Assets1.87%Miscellaneous Employees98 Outstanding Shares42,345,000Market Cap$243.91 million Next Earnings Date10/26/2020 (Confirmed) OptionableOptionable $5.76 +0.11 (+1.95 %) (As of 09/24/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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 Coronavirus? Whitestone REIT's stock was trading at $10.76 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, WSR shares have decreased by 46.5% and is now trading at $5.76. View which stocks have been most impacted by COVID-19. 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 Monday, October 26th 2020. View our earnings forecast for Whitestone REIT. How can I listen to Whitestone REIT's earnings call? Whitestone REIT will be holding an earnings conference call on Monday, October 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available. How were Whitestone REIT's earnings last quarter? Whitestone REIT (NYSE:WSR) posted its earnings results on Wednesday, August, 5th. The real estate investment trust reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.21 by $0.20. Whitestone REIT had a net margin of 16.59% and a return on equity of 5.78%. View Whitestone REIT's earnings history. How often does Whitestone REIT pay dividends? What is the dividend yield for Whitestone REIT? Whitestone REIT declared a monthly dividend on Thursday, September 24th. Investors of record on Tuesday, November 3rd will be given a dividend of $0.035 per share on Thursday, November 12th. This represents a $0.42 annualized dividend and a dividend yield of 7.29%. The ex-dividend date of this dividend is Monday, November 2nd. View Whitestone REIT's dividend history. What price target have analysts set for WSR? 3 Wall Street analysts have issued 12 month price targets for Whitestone REIT's shares. Their forecasts range from $5.00 to $13.00. On average, they expect Whitestone REIT's stock price to reach $9.00 in the next year. This suggests a possible upside of 56.3% from the stock's current price. View analysts' price targets for Whitestone REIT. 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), Spirit Realty Capital (SRC), PS Business Parks (PSB), 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 Energy Transfer LP Unit (ET), AT&T (T), New Residential Investment (NRZ), CBL & Associates Properties (CBL), AGNC Investment (AGNC), Prospect Capital (PSEC), General Electric (GE), NGL Energy Partners (NGL), ANNALY CAP MGMT/SH (NLY) and Ford Motor (F). 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 $5.76. How big of a company is Whitestone REIT? Whitestone REIT has a market capitalization of $243.91 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 9/24/2020 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
