Whitestone REIT (NYSE:WSR) Receives $17.50 Consensus PT from Analysts

Whitestone REIT (NYSE:WSR) has been assigned an average recommendation of “Hold” from the ten ratings firms that are covering the company, MarketBeat.com reports. Nine research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $17.50.

WSR has been the topic of several recent research reports. Truist Financial lowered Whitestone REIT from a “buy” rating to a “hold” rating and boosted their price target for the stock from $17.00 to $19.00 in a research report on Thursday, April 9th. Maxim Group reissued a “hold” rating on shares of Whitestone REIT in a research report on Monday, March 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of Whitestone REIT in a research report on Tuesday, April 14th. Colliers Securities set a $19.00 price target on Whitestone REIT in a research report on Friday, April 10th. Finally, Citigroup lowered Whitestone REIT from a “market outperform” rating to a “market perform” rating in a research report on Friday, April 10th.

Whitestone REIT Stock Performance

Whitestone REIT stock opened at $18.97 on Monday. The stock’s 50 day moving average price is $17.91 and its 200 day moving average price is $15.42. The firm has a market capitalization of $974.61 million, a PE ratio of 19.76 and a beta of 0.80. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.34 and a current ratio of 1.34. Whitestone REIT has a one year low of $11.43 and a one year high of $19.01.

Whitestone REIT (NYSE:WSR) last released its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.43 EPS for the quarter, topping the consensus estimate of $0.28 by $0.15. The firm had revenue of $43.92 million for the quarter, compared to analyst estimates of $41.27 million. Whitestone REIT had a return on equity of 11.12% and a net margin of 30.67%.Whitestone REIT has set its FY 2026 guidance at 1.100-1.140 EPS. As a group, sell-side analysts expect that Whitestone REIT will post 1.13 EPS for the current fiscal year.

Whitestone REIT Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Wednesday, June 17th will be given a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Wednesday, June 17th. Whitestone REIT’s dividend payout ratio is presently 59.38%.

Whitestone REIT Company Profile

Whitestone REIT is a real estate investment trust headquartered in San Antonio, Texas, that specializes in the acquisition, development and management of retail and mixed-use properties. The company’s portfolio is concentrated in high-growth Texas markets, including the Dallas–Fort Worth metroplex, Houston, Austin and San Antonio, where it primarily owns open-air neighborhood and community shopping centers. Whitestone REIT focuses on convenience- and necessity-based retail, partnering with grocers, fitness operators, service providers and other essential tenants to drive consistent foot traffic and stable occupancy.

In addition to property ownership, Whitestone REIT provides asset and property management services, leasing expertise and development capabilities.