Whitestone REIT Company Profile (NYSE:WSR)

About Whitestone REIT (NYSE:WSR)

Whitestone REIT logoWhitestone REIT is a real estate investment trust. The Company is engaged in owning and operating commercial properties in culturally diverse markets in various metropolitan areas. The Company's acquisition targets are located in densely populated, culturally diverse neighborhoods, primarily in and around Austin, Chicago, Dallas-Fort Worth, Houston, Phoenix and San Antonio. As of December 31, 2016, the Company owned or held interests in 69 commercial properties, including 15 properties in Houston, five properties in Dallas-Fort Worth, three properties in San Antonio, four properties in Austin, 27 properties in the Scottsdale and Phoenix, Arizona metropolitan areas, and one property in Buffalo Grove, Illinois, a suburb of Chicago. As of December 31, 2016, the Company's properties included Heritage Trace Plaza, Headquarters Village, La Mirada, The Marketplace at Central, Mercado at Scottsdale Ranch, Paradise Plaza, Parkside Village North, Pima Norte and Quinlan Crossing.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Commercial REITs
  • Sub-Industry: Diversified REITs
  • Symbol: NYSE:WSR
  • CUSIP: 96608420
  • Web: www.whitestonereit.com
  • Market Cap: $528.15 million
  • Outstanding Shares: 38,523,000
Average Prices:
  • 50 Day Moving Avg: $13.15
  • 200 Day Moving Avg: $12.73
  • 52 Week Range: $10.80 - $14.78
  • Trailing P/E Ratio: 94.6424
  • Foreward P/E Ratio: 12.61
  • P/E Growth: 0.0000
Sales & Book Value:
  • Annual Revenue: $112.35 million
  • Price / Sales: 4.71
  • Book Value: $9.05 per share
  • Price / Book: 1.52
  • Annual Dividend: $1.14
  • Dividend Yield: 8.3%
  • EBITDA: $49.43 million
  • Net Margins: 4.36%
  • Return on Equity: 1.69%
  • Return on Assets: 0.54%
  • Debt-to-Equity Ratio: 1.84%
  • Current Ratio: 1.01%
  • Quick Ratio: 1.01%
  • Average Volume: 483,163 shs.
  • Beta: 0.94
  • Short Ratio: 6.62

Frequently Asked Questions for Whitestone REIT (NYSE:WSR)

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 Tuesday, September 19th. Shareholders of record on Friday, November 3rd will be paid 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 8.29%. The ex-dividend date is Thursday, November 2nd. View Whitestone REIT's Dividend History.

How were Whitestone REIT's earnings last quarter?

Whitestone REIT (NYSE:WSR) announced its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.31 EPS for the quarter, beating the Zacks' consensus estimate of $0.26 by $0.05. The firm earned $30.20 million during 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%. Whitestone REIT's quarterly revenue was up 20.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.32 earnings per share. View Whitestone REIT's Earnings History.

When will Whitestone REIT make its next earnings announcement?

Whitestone REIT is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Whitestone REIT.

What guidance has Whitestone REIT issued on next quarter's earnings?

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

Where is Whitestone REIT's stock going? Where will Whitestone REIT's stock price be in 2017?

4 equities research analysts have issued 1-year target prices for Whitestone REIT's shares. Their predictions range from $10.00 to $20.00. On average, they expect Whitestone REIT's stock price to reach $14.67 in the next twelve months. View Analyst Ratings for Whitestone REIT.

What are analysts saying about Whitestone REIT stock?

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. " (10/12/2017)
  • 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)

Are investors shorting Whitestone REIT?

Whitestone REIT saw a increase in short interest during the month of September. As of September 15th, there was short interest totalling 4,939,668 shares, an increase of 47.4% from the August 31st total of 3,350,114 shares. Based on an average daily trading volume, of 1,275,583 shares, the days-to-cover ratio is presently 3.9 days. Approximately 14.7% of the shares of the stock are short sold.

Who are some of Whitestone REIT's key competitors?

Who are Whitestone REIT's key executives?

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
  • Nandita Berry, Independent Trustee
  • Daryl J. Carter, Independent Trustee
  • Donald F. Keating, Independent Trustee
  • Najeeb A. Khan, Independent Trustee

Who owns Whitestone REIT stock?

Whitestone REIT's stock is owned by a number of of retail and institutional investors. Top institutional investors include Orinda Asset Management LLC (0.54%). 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.

Who sold Whitestone REIT stock? Who is selling Whitestone REIT stock?

Whitestone REIT's stock was sold by a variety of institutional investors in the last quarter, including Orinda Asset Management LLC. View Insider Buying and Selling for Whitestone REIT.

How do I buy Whitestone REIT stock?

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.

What is Whitestone REIT's stock price today?

One share of Whitestone REIT stock can currently be purchased for approximately $13.75.

MarketBeat Community Rating for Whitestone REIT (NYSE WSR)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  131 (Vote Outperform)
Underperform Votes:  124 (Vote Underperform)
Total Votes:  255
MarketBeat's community ratings are surveys of what our community members think about Whitestone REIT and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Whitestone REIT (NYSE:WSR) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $14.67 (6.67% upside)
Consensus Price Target History for Whitestone REIT (NYSE:WSR)
Price Target History for Whitestone REIT (NYSE:WSR)
Analysts' Ratings History for Whitestone REIT (NYSE:WSR)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/18/2017Ladenburg Thalmann Financial ServicesReiterated RatingHoldLowView Rating Details
7/11/2017FBR & CoReiterated RatingOutperform$14.00LowView Rating Details
6/14/2017Maxim GroupReiterated RatingBuy$20.00LowView Rating Details
5/17/2017Robert W. BairdDowngradeNeutral -> Underperform$15.00 -> $10.00HighView Rating Details
7/14/2016Hilliard LyonsDowngradeBuy -> NeutralN/AView Rating Details
12/14/2015SunTrust Banks, Inc.Initiated CoverageNeutral$11.50N/AView Rating Details
(Data available from 10/20/2015 forward)


Earnings History for Whitestone REIT (NYSE:WSR)
Earnings by Quarter for Whitestone REIT (NYSE:WSR)
Earnings History by Quarter for Whitestone REIT (NYSE WSR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2017$0.09N/AView Earnings Details
8/2/2017Q2 2017$0.26$0.31$30.68 million$30.20 millionViewListenView Earnings Details
5/3/2017Q1 2017$0.25$0.32$28.03 million$28.27 millionViewListenView Earnings Details
3/1/2017Q4 2016$0.07$0.34$26.50 million$28.40 millionViewListenView Earnings Details
7/27/2016Q2$0.34$0.32$26.04 million$25.13 millionViewN/AView Earnings Details
4/27/2016Q116$0.34$0.34$25.57 million$25.40 millionViewN/AView Earnings Details
2/24/2016Q415$0.31$0.34$24.78 million$25.95 millionViewListenView Earnings Details
11/4/2015Q3$0.31$0.34$23.34 million$24.60 millionViewN/AView Earnings Details
8/5/2015Q215$0.32$0.35$21.60 million$22.00 millionViewN/AView Earnings Details
5/5/2015Q115$0.32$0.34$20.40 million$21.25 millionViewN/AView Earnings Details
2/26/2015Q414$0.28$0.32$19.82 million$19.21 millionViewN/AView Earnings Details
11/7/2014Q314$0.27$0.30$18.30 million$18.90 millionViewN/AView Earnings Details
5/5/2014Q1 14$0.28$0.31$18.68 million$17.79 millionViewN/AView Earnings Details
2/27/2014$0.24$0.22ViewN/AView Earnings Details
8/5/2013Q213$0.25$0.26$15.11 million$14.80 millionViewN/AView Earnings Details
5/6/2013Q113$0.27$0.24$14.79 million$13.90 millionViewN/AView Earnings Details
11/7/2012Q312$0.24$0.22$11.52 million$11.62 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Whitestone REIT (NYSE:WSR)
2017 EPS Consensus Estimate: $0.83
2018 EPS Consensus Estimate: $1.16
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20171$0.26$0.26$0.26
Q3 20171$0.29$0.29$0.29
Q4 20171$0.28$0.28$0.28
Q1 20181$0.29$0.29$0.29
Q2 20181$0.29$0.29$0.29
Q3 20181$0.29$0.29$0.29
Q4 20181$0.29$0.29$0.29
(Data provided by Zacks Investment Research)


Current Dividend Information for Whitestone REIT (NYSE:WSR)
Next Dividend:11/13/2017
Annual Dividend:$1.14
Dividend Yield:8.29%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:876.99% (Trailing 12 Months of Earnings)
111.76% (Based on This Year's Estimates)
104.59% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Whitestone REIT (NYSE:WSR)

Dividend History by Quarter for Whitestone REIT (NYSE WSR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/25/2014oct 14$0.297.52%9/29/201410/1/201410/9/2014
6/11/2014jul 14$0.107.98%6/27/20147/1/20147/9/2014
12/23/2013jan 14$0.101/2/20141/6/20141/13/2014
9/12/2013oct 13$0.1010/1/201310/9/2013
6/4/2013jul 13$0.107/1/20137/9/2013
3/11/2013apr 13$0.103/31/20134/9/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Whitestone REIT (NYSE:WSR)
Insider Ownership Percentage: 5.29%
Institutional Ownership Percentage: 43.73%
Insider Trades by Quarter for Whitestone REIT (NYSE:WSR)
Institutional Ownership by Quarter for Whitestone REIT (NYSE:WSR)
Insider Trades by Quarter for Whitestone REIT (NYSE:WSR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/29/2017Paul T LambertDirectorBuy3,000$12.29$36,870.00View SEC Filing  
3/7/2017Paul T LambertDirectorBuy2,500$13.88$34,700.00View SEC Filing  
8/19/2016Christine J MastandreaVPBuy2,000$14.56$29,120.00View SEC Filing  
8/19/2016David K HolemanInsiderBuy360$14.56$5,241.60View SEC Filing  
11/13/2015Paul T. LambertDirectorBuy3,000$11.75$35,250.00View SEC Filing  
8/25/2015John J DeeCOOBuy1,000$10.84$10,840.00View SEC Filing  
5/28/2015Paul T LambertDirectorBuy2,200$14.08$30,976.00View SEC Filing  
5/12/2015Christine J MastandreaVPBuy1,000$14.32$14,320.00View SEC Filing  
5/12/2015David K HolemanCFOBuy312$14.31$4,464.72View SEC Filing  
5/12/2015James C MastandreaCEOBuy1,500$14.17$21,255.00View SEC Filing  
5/7/2015Paul T LambertDirectorBuy2,000$14.03$28,060.00View SEC Filing  
11/13/2014James C MastandreaCEOBuy1,000$15.09$15,090.00View SEC Filing  
12/9/2013James MastandreaCEOBuy2,800$13.32$37,296.00View SEC Filing  
11/8/2013James MastandreaCEOBuy1,000$13.44$13,440.00View SEC Filing  
8/16/2013James MastandreaCEOBuy1,000$14.98$14,980.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Whitestone REIT (NYSE:WSR)
Latest Headlines for Whitestone REIT (NYSE:WSR)
globenewswire.com logoWhitestone REIT Announces Third Quarter 2017 Earnings Webcast and Conference Call - GlobeNewswire (press release)
globenewswire.com - October 19 at 2:37 AM
globenewswire.com logoWhitestone REIT Announces Third Quarter 2017 Earnings Webcast and Conference Call - GlobeNewswire (press release)
globenewswire.com - October 18 at 10:45 AM
finance.yahoo.com logoWhitestone REIT Announces Third Quarter 2017 Earnings Webcast and Conference Call
finance.yahoo.com - October 18 at 10:45 AM
finance.yahoo.com logoWhitestone REIT : WSR-US: Dividend Analysis : October 04th, 2017 (record date) : By the numbers : October 17, 2017
finance.yahoo.com - October 17 at 9:14 AM
americanbankingnews.com logoWhitestone REIT (WSR) Upgraded to "Hold" by Zacks Investment Research
www.americanbankingnews.com - October 14 at 8:24 PM
americanbankingnews.com logoWhitestone REIT (WSR) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - October 8 at 2:36 AM
americanbankingnews.com logoReviewing Whitestone REIT (WSR) and Its Rivals
www.americanbankingnews.com - October 7 at 10:24 PM
finance.yahoo.com logoWhitestone REIT : WSR-US: Dividend Analysis : September 05th, 2017 (record date) : By the numbers : September 25, 2017
finance.yahoo.com - October 3 at 3:14 PM
americanbankingnews.com logoWhitestone REIT (WSR) Short Interest Update
www.americanbankingnews.com - October 3 at 3:32 AM
americanbankingnews.com logoFirst Potomac Realty Trust (FPO) & Whitestone REIT (WSR) Head to Head Contrast
www.americanbankingnews.com - October 2 at 6:28 AM
americanbankingnews.com logoComparing Whitestone REIT (WSR) and Hannon Armstrong Sustainable Infrastructure Capital (HASI)
www.americanbankingnews.com - September 27 at 6:52 PM
finance.yahoo.com logoWhy It's Plain Stupid to Buy These 4 High-Yield REITs Now
finance.yahoo.com - September 20 at 11:10 AM
americanbankingnews.com logoWhitestone REIT (WSR) Declares $0.10 Monthly Dividend
www.americanbankingnews.com - September 19 at 6:22 PM
americanbankingnews.com logoWhitestone REIT Plans Monthly Dividend of $0.10 (WSR)
www.americanbankingnews.com - September 19 at 6:22 PM
americanbankingnews.com logoWhitestone REIT (WSR) to Issue $0.10 Monthly Dividend
www.americanbankingnews.com - September 14 at 9:53 AM
globenewswire.com logoWhitestone REIT's Board of Trustees Declares Fourth Quarter 2017 Dividends - GlobeNewswire (press release)
globenewswire.com - September 13 at 4:21 PM
finance.yahoo.com logoWhitestone REIT’s Board of Trustees Declares Fourth Quarter 2017 Dividends
finance.yahoo.com - September 13 at 4:20 PM
seekingalpha.com logoWhitestone REIT declares $0.095 dividend
seekingalpha.com - September 13 at 6:25 AM
americanbankingnews.com logoWhitestone REIT (WSR) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - September 13 at 2:50 AM
globenewswire.com logoWhitestone REIT to be Added to the S&P SmallCap 600 Index, Effective Prior to the Market Open on September 13, 2017 - GlobeNewswire (press release)
globenewswire.com - September 13 at 1:26 AM
americanbankingnews.com logoHead to Head Review: Whitestone REIT (WSR) versus Excel Trust (EXL)
www.americanbankingnews.com - September 12 at 12:30 PM
americanbankingnews.com logoFinancial Review: Whitestone REIT (WSR) vs. its Rivals
www.americanbankingnews.com - September 12 at 12:28 AM
finance.yahoo.com logoWhitestone REIT breached its 50 day moving average in a Bullish Manner : WSR-US : September 8, 2017
finance.yahoo.com - September 8 at 10:35 AM
feeds.benzinga.com logoWhitestone REIT Adds Two New Independent Members to the Board of Trustees
feeds.benzinga.com - September 6 at 5:26 PM
seekingalpha.com logoOpportunistic REIT Investing | Seeking Alpha - Seeking Alpha
seekingalpha.com - September 6 at 10:26 AM
americanbankingnews.com logoCritical Review: Excel Trust (EXL) & Whitestone REIT (WSR)
www.americanbankingnews.com - September 1 at 12:28 AM
nasdaq.com logoWhitestone REIT (WSR) Ex-Dividend Date Scheduled for August 31, 2017 - Nasdaq
www.nasdaq.com - August 30 at 11:17 AM
finance.yahoo.com logoDividend Coverage: This Community Centered Retail REIT has a Dividend Yield of 9.31%; Will Trade Ex-Dividend on August 31, 2017
finance.yahoo.com - August 30 at 11:17 AM
americanbankingnews.com logoInsider Buying: Whitestone REIT (WSR) Director Acquires 3,000 Shares of Stock
www.americanbankingnews.com - August 29 at 8:24 PM
globenewswire.com logoWhitestone REIT Provides Update on Hurricane Harvey - GlobeNewswire (press release)
globenewswire.com - August 29 at 9:53 AM
finance.yahoo.com logoWhitestone REIT Provides Update on Hurricane Harvey
finance.yahoo.com - August 29 at 9:53 AM
finance.yahoo.com logoWhitestone REIT breached its 50 day moving average in a Bearish Manner : WSR-US : August 29, 2017
finance.yahoo.com - August 29 at 9:53 AM
americanbankingnews.com logoFinancial Contrast: Government Properties Income Trust (GOV) & Whitestone REIT (WSR)
www.americanbankingnews.com - August 21 at 10:22 PM
americanbankingnews.com logoLadenburg Thalmann Financial Services Reiterates Hold Rating for Whitestone REIT (WSR)
www.americanbankingnews.com - August 19 at 11:32 PM
americanbankingnews.com logoWhitestone REIT (WSR) Expected to Post Earnings of $0.33 Per Share
www.americanbankingnews.com - August 19 at 10:20 PM
americanbankingnews.com logoWhitestone REIT (WSR) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - August 19 at 2:42 AM
finance.yahoo.com logoWhitestone REIT : WSR-US: Dividend Analysis : August 03rd, 2017 (record date) : By the numbers : August 17, 2017
finance.yahoo.com - August 18 at 8:56 AM
finance.yahoo.com logoWhitestone REIT : WSR-US: Dividend Analysis : August 03rd, 2017 (record date) : By the numbers : August 17, 2017
finance.yahoo.com - August 18 at 8:56 AM
nasdaq.com logoWhitestone REIT Achieves 100% Occupancy, up from 85%, upon ... - Nasdaq
www.nasdaq.com - August 15 at 8:24 AM
finance.yahoo.com logoWhitestone REIT Achieves 100% Occupancy, up from 85%, upon Completion of Redevelopment and Repositioning at Sugar Park Plaza in Houston, TX, Projected to Generate a 30% ROI
finance.yahoo.com - August 14 at 8:30 AM
nasdaq.com logoWhitestone REIT Provides Update on Recent Property Expansions, Pinnacle of Scottsdale and The Shops
www.nasdaq.com - August 8 at 8:24 AM
seekingalpha.com logoWhitestone REIT updates on property expansions
seekingalpha.com - August 8 at 8:24 AM
finance.yahoo.com logoWhitestone REIT Provides Update on Recent Property Expansions, Pinnacle of Scottsdale and The Shops at Starwood; Projecting to Add $0.9 Million of Revenue to Balance of 2017 and $2.0 Million in 2018
finance.yahoo.com - August 8 at 8:24 AM
seekingalpha.com logoWhitestone: The Resilient REIT - Seeking Alpha
seekingalpha.com - August 7 at 8:40 AM
seekingalpha.com logoWhitestone REIT's (WSR) CEO James Mastandrea on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 5 at 8:40 AM
streetinsider.com logoWhitestone REIT (WSR) Reports In-Line Q2 EPS, Slight Miss on Revenues - StreetInsider.com
www.streetinsider.com - August 4 at 10:08 AM
finance.yahoo.com logoEdited Transcript of WSR earnings conference call or presentation 3-Aug-17 3:00pm GMT
finance.yahoo.com - August 4 at 10:08 AM
finance.yahoo.com logoWhitestone REIT Reports Second Quarter 2017 Results
finance.yahoo.com - August 3 at 8:57 AM
americanbankingnews.com logoWhitestone REIT (NYSE:WSR) Releases Earnings Results, Beats Expectations By $0.26 EPS
www.americanbankingnews.com - August 2 at 10:08 PM
americanbankingnews.com logoWhitestone REIT (NYSE:WSR) Issues FY17 Earnings Guidance
www.americanbankingnews.com - August 2 at 8:40 PM



Whitestone REIT (WSR) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by MarketBeat.com Staff

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