Whitestone REIT (NYSE:WSR) Receives Average Rating of “Hold” from Analysts

Whitestone REIT (NYSE:WSR) has been given an average rating of “Hold” by the ten brokerages that are currently covering the stock, MarketBeat reports. Nine research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $17.50.

WSR has been the subject of several analyst reports. B. Riley Financial cut shares of Whitestone REIT from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Cantor Fitzgerald cut shares of Whitestone REIT from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 10th. Colliers Securities set a $19.00 target price on shares of Whitestone REIT in a research note on Friday, April 10th. LADENBURG THALM/SH SH cut shares of Whitestone REIT from a “buy” rating to a “hold” rating in a research note on Thursday, April 9th. Finally, Truist Financial cut shares of Whitestone REIT from a “buy” rating to a “hold” rating and boosted their target price for the company from $17.00 to $19.00 in a research note on Thursday, April 9th.

Whitestone REIT Stock Down 0.0%

Shares of WSR opened at $18.99 on Monday. Whitestone REIT has a 52 week low of $11.43 and a 52 week high of $19.01. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 1.39. The company has a market capitalization of $975.64 million, a price-to-earnings ratio of 19.78 and a beta of 0.80. The stock’s 50-day moving average price is $17.61 and its 200-day moving average price is $15.21.

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

Whitestone REIT Dividend Announcement

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