NYSE:WSR

Whitestone REIT Stock Forecast, Price & News

$7.96

-0.29 (-3.52 %)

(As of 11/27/2020 12:00 AM ET)

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Today's Range

$7.86

Now: $7.96▼

$8.25

50-Day Range

$5.96

MA: $6.71▼

$8.45

52-Week Range

$4.70

Now: $7.96▼

$14.12

Volume270,484 shs

Average Volume359,766 shs

Market Capitalization$337.14 million

P/E Ratio17.30

Dividend Yield5.09%

Beta1.3

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 provide 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.

Beat the Market (BTM) Rank^™

2.2 Analyst's Opinion

Consensus Rating
Whitestone 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/Downside
According to analysts' consensus price target of $9.00, Whitestone REIT has a forecasted upside of 13.1% from its current price of $7.96.
Amount of Analyst Coverage
Whitestone REIT has received no research coverage in the past 90 days.

2.5 Community Rank

Outperform Votes
Whitestone REIT has received 294 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Whitestone REIT has received 304 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Whitestone REIT has received 50.84% “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.

3.3 Dividend Strength

Dividend Leadership
Whitestone REIT is a leading dividend payer. It pays a dividend yield of 5.09%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Whitestone REIT has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Whitestone REIT is 39.62%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based 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.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Whitestone REIT insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 6.30% of the stock of Whitestone REIT is held by insiders.
Percentage Held by Institutions
56.02% of the stock of Whitestone REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings 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 Market
The P/E ratio of Whitestone REIT is 17.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.84.
Price to Earnings Ratio vs. Sector
The P/E ratio of Whitestone REIT is 17.30, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 21.12.
Price to Book Value per Share Ratio
Whitestone REIT has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.39 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

Phone713-827-9595

Employees86

Debt

Debt-to-Equity Ratio2.01

Current Ratio2.19

Quick Ratio2.19

Price-To-Earnings

Trailing P/E Ratio17.30

Forward P/E Ratio9.59

P/E GrowthN/A

Sales & Book Value

Annual Sales$119.25 million

Price / Sales2.83

Cash Flow$1.66 per share

Price / Cash Flow4.79

Book Value$8.69 per share

Price / Book0.92

Profitability

EPS (Most Recent Fiscal Year)$1.06

Net Income$23.68 million

Net Margins16.59%

Return on Equity5.78%

Return on Assets1.87%

Miscellaneous

Outstanding Shares42,354,000

Market Cap$337.14 million

Next Earnings Date2/24/2021 (Estimated)

OptionableOptionable

$7.96

-0.29 (-3.52 %)

(As of 11/27/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Whitestone REIT (NYSE:WSR) Frequently Asked Questions

How has Whitestone REIT's stock been impacted by COVID-19?

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 (WHO). Since then, WSR stock has decreased by 26.0% and is now trading at $7.96.
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.

What stocks does MarketBeat like better than Whitestone REIT?

Wall Street analysts have given Whitestone REIT a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Whitestone REIT wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Whitestone REIT's next earnings date?

Whitestone REIT is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for Whitestone REIT.

How were Whitestone REIT's earnings last quarter?

Whitestone REIT (NYSE:WSR) released its quarterly earnings results on Monday, October, 26th. The real estate investment trust reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.03 by $0.01. 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 announced a monthly dividend on Friday, September 25th. Investors of record on Wednesday, December 2nd will be paid a dividend of $0.035 per share on Thursday, December 10th. This represents a $0.42 dividend on an annualized basis and a yield of 5.28%. The ex-dividend date of this dividend is Tuesday, December 1st.
View Whitestone REIT's dividend history.

What price target have analysts set for WSR?

3 equities research analysts have issued twelve-month price objectives for Whitestone REIT's stock. 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 twelve months. This suggests a possible upside of 13.1% from the stock's current price.
View analysts' price targets for Whitestone REIT.

Are investors shorting Whitestone REIT?

Whitestone REIT saw a decrease in short interest in October. As of October 15th, there was short interest totaling 765,200 shares, a decrease of 16.1% from the September 30th total of 912,200 shares. Based on an average daily volume of 281,000 shares, the days-to-cover ratio is presently 2.7 days. Approximately 1.9% of the shares of the company are short sold.
View Whitestone REIT's Short Interest.

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 (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 (ET), AT&T (T), New Residential Investment (NRZ), CBL & Associates Properties (CBL), AGNC Investment (AGNC), Prospect Capital (PSEC), Annaly Capital Management (NLY), General Electric (GE), Medical Properties Trust (MPW) and NGL Energy Partners (NGL).

Who are Whitestone REIT's key executives?

Whitestone REIT's management team includes the following people:

Mr. James C. Mastandrea, Chairman & CEO (Age 77, Pay $617.88k)
Mr. David K. Holeman CPA, Chief Financial Officer (Age 57, Pay $391.98k)
Mr. John J. Dee, COO, Exec. VP & Sec. (Age 68, Pay $263.93k)
Ms. Christine C. J. Mastandrea, Exec. VP of Corp. Strategy (Age 54, Pay $309.69k)
Mr. Kevin Reed, Director of Investor Relations
Mr. Peter Tropoli, Gen. Counsel (Age 48)
Michelle Siv, Director of HR
Mr. Vince Mouer, Corp. Counsel (Age 61)
Mr. J. Scott Hogan, VP & Controller
Mr. Roger Moss, Director of Leasing - Southwest

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 $7.96.

How big of a company is Whitestone REIT?

Whitestone REIT has a market capitalization of $337.14 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 86 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 11/28/2020 by MarketBeat.com Staff

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