Whitestone REIT (NYSE:WSR – Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $15.49 and traded as high as $18.99. Whitestone REIT shares last traded at $18.9650, with a volume of 755,846 shares changing hands.
Analysts Set New Price Targets
WSR has been the subject of a number of analyst reports. Cantor Fitzgerald cut shares of Whitestone REIT from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 10th. Citigroup cut shares of Whitestone REIT from a “market outperform” rating to a “market perform” rating in a research report on Friday, April 10th. Weiss Ratings reissued a “buy (b)” rating on shares of Whitestone REIT in a research report on Tuesday, April 14th. Citizens Jmp cut shares of Whitestone REIT from a “market outperform” rating to a “hold” rating in a research report on Friday, April 10th. Finally, B. Riley Financial cut shares of Whitestone REIT from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. One analyst has rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $17.50.
Check Out Our Latest Report on Whitestone REIT
Whitestone REIT Trading Down 0.1%
Whitestone REIT (NYSE:WSR – Get Free Report) last issued its quarterly 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. 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 for the quarter, compared to analysts’ expectations of $41.27 million. Whitestone REIT has set its FY 2026 guidance at 1.100-1.140 EPS. On average, analysts predict that Whitestone REIT will post 1.13 earnings per share for the current year.
Whitestone REIT Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Wednesday, June 17th will be given a dividend of $0.1425 per share. The ex-dividend date of this dividend is Wednesday, June 17th. This represents a $0.57 annualized dividend and a dividend yield of 3.0%. Whitestone REIT’s dividend payout ratio (DPR) is presently 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.
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