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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Biden's Plan to Confiscate Your Cash? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
US Dollar Replaced By "Biden Bucks"? (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Biden's Plan to Confiscate Your Cash? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
US Dollar Replaced By "Biden Bucks"? (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Biden's Plan to Confiscate Your Cash? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
US Dollar Replaced By "Biden Bucks"? (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
NYSE:WSR

Whitestone REIT - WSR Stock Forecast, Price & News

$11.17
+0.10 (+0.90%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$11.13
$11.30
50-Day Range
$10.07
$11.89
52-Week Range
$9.05
$13.66
Volume
291,097 shs
Average Volume
270,899 shs
Market Capitalization
$551.46 million
P/E Ratio
32.85
Dividend Yield
4.34%
Price Target
$13.17

Whitestone REIT MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
17.9% Upside
$13.17 Price Target
Short Interest
Healthy
1.78% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.12mentions of Whitestone REIT in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.90%
From $0.77 to $0.80 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.31 out of 5 stars

Finance Sector

483rd out of 926 stocks

Real Estate Investment Trusts Industry

89th out of 195 stocks

WSR stock logo

About Whitestone REIT (NYSE:WSR) Stock

Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality open-air neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestone seeks to create communities that thrive through creating local connections between consumers in the surrounding communities and a well-crafted mix of national, regional and local tenants that provide daily necessities, needed services, entertainment and experiences. Whitestone is a monthly dividend paying stock and has consistently paid dividends for over 15 years. Whitestone's strong, balanced and managed capital structure provides stability and flexibility for growth and positions Whitestone to perform well through economic cycles.

Whitestone REIT Stock Performance

Shares of WSR traded up $0.10 during trading hours on Friday, reaching $11.17. 291,097 shares of the company's stock traded hands, compared to its average volume of 270,899. The firm has a market capitalization of $551.46 million, a price-to-earnings ratio of 32.85, a P/E/G ratio of 1.80 and a beta of 1.17. The company has a debt-to-equity ratio of 1.57, a current ratio of 2.24 and a quick ratio of 2.21. Whitestone REIT has a twelve month low of $9.05 and a twelve month high of $13.66. The business's fifty day simple moving average is $10.78 and its two-hundred day simple moving average is $11.71.

Whitestone REIT Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, December 14th. Stockholders of record on Friday, December 2nd will be issued a dividend of $0.04 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.30%. The ex-dividend date is Thursday, December 1st. Whitestone REIT's dividend payout ratio (DPR) is 141.18%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. JMP Securities raised Whitestone REIT from a "market perform" rating to an "outperform" rating and set a $13.00 target price on the stock in a research report on Thursday, July 7th. B. Riley dropped their target price on Whitestone REIT from $13.00 to $11.50 in a research report on Friday, August 5th.

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WSR Stock News Headlines

Should You Invest in Whitestone REIT Right Now?
Whitestone REIT Reports Second Quarter 2022 Results
Buy The Dip: 3 REITs Getting Way Too Cheap
Whitestone REIT Class B - Stock Quote WSR
A Serious Warning For REIT Investors
Whitestone REIT declares $0.04 dividend
Whitestone REIT Tops Q1 EPS by 6c
See More Headlines
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WSR Company Calendar

Last Earnings
5/03/2022
Today
8/14/2022
Ex-Dividend for 9/14 Dividend
9/02/2022
Dividend Payable
9/14/2022
Ex-Dividend for 10/12 Dividend
10/03/2022
Dividend Payable
10/12/2022
Next Earnings (Estimated)
10/25/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Diversified REITs
Sector
Finance
CUSIP
96608420
Employees
86
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$13.17
High Stock Price Forecast
$15.00
Low Stock Price Forecast
$11.50
Forecasted Upside/Downside
+17.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$12.05 million
Pretax Margin
13.06%

Debt

Sales & Book Value

Annual Sales
$125.36 million
Cash Flow
$0.83 per share
Book Value
$8.23 per share

Miscellaneous

Free Float
46,605,000
Market Cap
$551.46 million
Optionable
Optionable
Beta
1.17

Key Executives

  • Mr. David K. Holeman CPA (Age 59)
    CEO & Director
    Comp: $864.65k
  • Ms. Christine C. J. Mastandrea (Age 56)
    Chief Operating Officer
    Comp: $614.65k
  • Mr. J. Scott Hogan
    Chief Financial Officer
  • Mr. David Mordy
    Director of Investor Relations
  • Mr. Peter A. Tropoli (Age 50)
    Gen. Counsel & Corp. Sec.
  • Ms. Michelle Soklin Siv (Age 48)
    VP of HR
  • Mr. Matthew Okmin
    Regional Sr. VP of Arizona
  • Mr. Michael Ly
    Controller













WSR Stock - Frequently Asked Questions

Should I buy or sell Whitestone REIT stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Whitestone REIT in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WSR shares.
View WSR analyst ratings
or view top-rated stocks.

What is Whitestone REIT's stock price forecast for 2022?

3 brokers have issued 12-month price objectives for Whitestone REIT's shares. Their WSR share price forecasts range from $11.50 to $15.00. On average, they predict the company's stock price to reach $13.17 in the next twelve months. This suggests a possible upside of 17.9% from the stock's current price.
View analysts price targets for WSR
or view top-rated stocks among Wall Street analysts.

How have WSR shares performed in 2022?

Whitestone REIT's stock was trading at $10.13 at the beginning of 2022. Since then, WSR stock has increased by 10.3% and is now trading at $11.17.
View the best growth stocks for 2022 here
.

Are investors shorting Whitestone REIT?

Whitestone REIT saw a decline in short interest in the month of July. As of July 15th, there was short interest totaling 932,300 shares, a decline of 15.2% from the June 30th total of 1,100,000 shares. Based on an average daily trading volume, of 421,700 shares, the short-interest ratio is presently 2.2 days.
View Whitestone REIT's Short Interest
.

When is Whitestone REIT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our WSR earnings forecast
.

How were Whitestone REIT's earnings last quarter?

Whitestone REIT (NYSE:WSR) issued its earnings results on Tuesday, May, 3rd. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by $0.06. Whitestone REIT had a net margin of 12.55% and a trailing twelve-month return on equity of 4.22%. During the same quarter last year, the firm earned $0.23 earnings per share.

How often does Whitestone REIT pay dividends? What is the dividend yield for Whitestone REIT?

Whitestone REIT announced a monthly dividend on Monday, August 1st. Shareholders of record on Friday, December 2nd will be given a dividend of $0.04 per share on Wednesday, December 14th. This represents a $0.48 annualized dividend and a dividend yield of 4.30%. The ex-dividend date is Thursday, December 1st.
Read our dividend analysis for WSR
.

Is Whitestone REIT a good dividend stock?

Whitestone REIT (NYSE:WSR) pays an annual dividend of $0.48 per share and currently has a dividend yield of 4.34%. WSR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 141.18%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, WSR will have a dividend payout ratio of 60.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WSR.

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

Whitestone REIT updated its FY 2022 earnings guidance on Tuesday, August, 9th. The company provided EPS guidance of $0.98-$1.02 for the period. The company issued revenue guidance of -.

What is James C. Mastandrea's approval rating as Whitestone REIT's CEO?

18 employees have rated Whitestone REIT Chief Executive Officer James C. Mastandrea on Glassdoor.com. James C. Mastandrea has an approval rating of 29% among the company's employees. This puts James C. Mastandrea in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 24.0% of employees surveyed would recommend working at Whitestone REIT to a friend.

What other stocks do shareholders of Whitestone REIT own?

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 stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Whitestone REIT's stock price today?

One share of WSR stock can currently be purchased for approximately $11.17.

How much money does Whitestone REIT make?

Whitestone REIT (NYSE:WSR) has a market capitalization of $551.46 million and generates $125.36 million in revenue each year. The real estate investment trust earns $12.05 million in net income (profit) each year or $0.34 on an earnings per share basis.

How can I contact Whitestone REIT?

Whitestone REIT's mailing address is 2600 SOUTH GESSNER SUITE 500, HOUSTON TX, 77063. The official website for the company is www.whitestonereit.com. The real estate investment trust can be reached via phone at (713) 827-9595, via email at kreed@whitestonereit.com, or via fax at 713-465-8847.

This page (NYSE:WSR) was last updated on 8/14/2022 by MarketBeat.com Staff

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