Whitestone REIT (NYSE:WSR) Earns Hold Rating from Analysts at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of Whitestone REIT (NYSE:WSR) in a note issued to investors on Tuesday. The firm set a “hold” rating on the real estate investment trust’s stock.

Several other equities research analysts have also commented on the stock. JMP Securities reaffirmed a “market outperform” rating and set a $16.00 price target on shares of Whitestone REIT in a research report on Tuesday, December 10th. Truist Financial boosted their target price on shares of Whitestone REIT from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Friday, November 29th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $15.67.

Whitestone REIT Stock Down 0.9 %

Whitestone REIT stock opened at $13.55 on Tuesday. Whitestone REIT has a one year low of $10.77 and a one year high of $15.36. The stock has a fifty day moving average of $14.36 and a 200 day moving average of $13.82. The company has a debt-to-equity ratio of 1.49, a quick ratio of 2.17 and a current ratio of 2.17. The stock has a market cap of $686.25 million, a PE ratio of 33.05, a price-to-earnings-growth ratio of 2.46 and a beta of 1.27.

About Whitestone REIT

Whitestone REIT (NYSE: WSR) is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country: Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio. Our centers are convenience focused: merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities.