Whitestone REIT (NYSE:WSR) Hits New 12-Month High – Should You Buy?

Whitestone REIT (NYSE:WSR) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $19.01 and last traded at $19.0050, with a volume of 52885 shares trading hands. The stock had previously closed at $18.99.

Analyst Upgrades and Downgrades

WSR has been the topic of a number of research analyst reports. Citigroup cut shares of Whitestone REIT from a “market outperform” rating to a “market perform” rating in a report on Friday, April 10th. Maxim Group restated a “hold” rating on shares of Whitestone REIT in a research note on Monday, March 2nd. Colliers Securities set a $19.00 price objective on Whitestone REIT in a report on Friday, April 10th. B. Riley Financial cut Whitestone REIT from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Finally, LADENBURG THALM/SH SH cut Whitestone REIT from a “buy” rating to a “hold” rating in a research report on Thursday, April 9th. One investment analyst has rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $17.50.

Whitestone REIT Price Performance

The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.34 and a current ratio of 1.34. The company has a market capitalization of $975.13 million, a PE ratio of 19.77 and a beta of 0.80. The company’s 50-day simple moving average is $17.75 and its 200-day simple moving average is $15.31.

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

Whitestone REIT Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Wednesday, June 17th will be paid a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Wednesday, June 17th. Whitestone REIT’s payout ratio is 59.38%.

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.