Whitestone REIT (WSR) Receiving Somewhat Positive News Coverage, Report Shows

News coverage about Whitestone REIT (NYSE:WSR) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Whitestone REIT earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave news headlines about the real estate investment trust an impact score of 44.4788236693417 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the headlines that may have impacted Accern Sentiment’s scoring:

Several brokerages recently commented on WSR. Zacks Investment Research lowered Whitestone REIT from a “hold” rating to a “sell” rating in a research report on Wednesday, November 15th. Ladenburg Thalmann Financial Services restated a “hold” rating on shares of Whitestone REIT in a research report on Thursday, November 30th. B. Riley restated a “buy” rating and set a $15.00 target price on shares of Whitestone REIT in a research report on Tuesday, December 12th. Finally, ValuEngine upgraded Whitestone REIT from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Whitestone REIT presently has a consensus rating of “Buy” and an average target price of $14.75.

Shares of Whitestone REIT (NYSE WSR) traded down $0.06 during trading on Wednesday, hitting $13.58. The company had a trading volume of 192,600 shares, compared to its average volume of 286,650. Whitestone REIT has a 52 week low of $10.80 and a 52 week high of $15.15. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 1.87. The company has a market cap of $524.96, a price-to-earnings ratio of 79.88 and a beta of 1.02.

Whitestone REIT (NYSE:WSR) last announced its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.33 EPS for the quarter, beating the consensus estimate of $0.26 by $0.07. Whitestone REIT had a return on equity of 2.22% and a net margin of 5.77%. The company had revenue of $33.70 million for the quarter, compared to analyst estimates of $32.78 million. During the same quarter in the prior year, the company earned $0.33 EPS. The firm’s revenue for the quarter was up 32.2% compared to the same quarter last year. analysts predict that Whitestone REIT will post 1.02 earnings per share for the current fiscal year.

The firm also recently announced a monthly dividend, which will be paid on Wednesday, February 14th. Investors of record on Monday, February 5th will be given a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, February 2nd. This represents a $1.14 annualized dividend and a dividend yield of 8.39%. Whitestone REIT’s payout ratio is 670.59%.

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Whitestone REIT Company Profile

Whitestone 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.

Insider Buying and Selling by Quarter for Whitestone REIT (NYSE:WSR)

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