Whitestone Reit Announces Jul 13 Dividend of $0.10 (WSR)

Whitestone Reit (NYSE:WSR) declared a jul 13 dividend on Tuesday, June 4th, Analyst Ratings Network.com reports. Shareholders of record on Monday, July 1st will be given a dividend of $0.095 per share on Tuesday, July 9th.

A number of research firms have also recently commented on WSR. Analysts at Wunderlich raised their price target on shares of Whitestone Reit from $18.00 to $19.50 in a research note to investors on Thursday, May 23rd. They now have a “buy” rating on the stock. On a related note, analysts at Hilliard Lyons downgraded shares of Whitestone Reit from a “buy” rating to a “neutral” rating in a research note to investors on Wednesday, May 8th. Finally, analysts at Hilliard Lyons downgraded shares of Whitestone Reit to a “buy” rating in a research note to investors on Wednesday, March 13th.

Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Whitestone Reit has an average rating of “Hold” and a consensus target price of $16.23.

Whitestone Reit (NYSE: WSR) opened at 16.32 on Wednesday. Whitestone Reit has a 52-week low of $12.07 and a 52-week high of $17.85. The stock’s 50-day moving average is currently $16.70. The company has a market cap of $278.2 million and a price-to-earnings ratio of 1360.00.

Whitestone Reit (NYSE: WSR) last issued its quarterly earnings data on Monday, May 6th. The company reported $0.24 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.27 by $0.03. The company had revenue of $13.90 million for the quarter, compared to the consensus estimate of $14.79 million. Analysts expect that Whitestone Reit will post $1.04 EPS for the current fiscal year.

Whitestone REIT is a real estate investment trust (NYSE: WSR) engaged in owning and operating commercial properties in culturally diverse markets in the metropolitan areas.