Brokerages Set Whitestone REIT (NYSE:WSR) Target Price at $16.80

Shares of Whitestone REIT (NYSE:WSR) have received an average recommendation of “Buy” from the eight ratings firms that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation, six have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $16.80.

WSR has been the topic of several research analyst reports. Maxim Group reaffirmed a “hold” rating on shares of Whitestone REIT in a report on Monday, March 2nd. Weiss Ratings restated a “buy (b-)” rating on shares of Whitestone REIT in a report on Monday, December 29th. Truist Financial raised their target price on shares of Whitestone REIT from $16.00 to $17.00 and gave the stock a “buy” rating in a research report on Wednesday, March 4th. Cantor Fitzgerald raised shares of Whitestone REIT to a “strong-buy” rating in a research report on Wednesday, February 4th. Finally, Citigroup restated a “market outperform” rating on shares of Whitestone REIT in a research note on Tuesday, January 6th.

Whitestone REIT Trading Up 1.6%

NYSE WSR opened at $16.56 on Friday. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.98 and a quick ratio of 0.98. Whitestone REIT has a one year low of $11.43 and a one year high of $16.62. The business has a 50 day simple moving average of $15.41 and a 200 day simple moving average of $13.88. The stock has a market capitalization of $850.81 million, a P/E ratio of 17.43 and a beta of 0.71.

Whitestone REIT (NYSE:WSR) last posted its 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 company had revenue of $43.92 million during the quarter, compared to the consensus estimate of $41.27 million. Whitestone REIT had a net margin of 31.04% and a return on equity of 11.23%. Whitestone REIT has set its FY 2026 guidance at 1.100-1.140 EPS. Research analysts expect that Whitestone REIT will post 0.99 earnings per share for the current year.

Whitestone REIT declared that its Board of Directors has approved a share buyback program on Friday, December 19th that authorizes the company to repurchase $50.00 million in outstanding shares. This repurchase authorization authorizes the real estate investment trust to repurchase up to 7.2% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s board believes its shares are undervalued.

About Whitestone REIT

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.