Should I buy or sell Whitestone REIT stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Whitestone REIT in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" WSR shares. View WSR analyst ratings or view top-rated stocks .

What is Whitestone REIT's stock price target for 2024?

4 brokerages have issued twelve-month price targets for Whitestone REIT's shares. Their WSR share price targets range from $11.00 to $15.00. On average, they expect the company's share price to reach $13.63 in the next twelve months. This suggests a possible upside of 24.5% from the stock's current price. View analysts price targets for WSR or view top-rated stocks among Wall Street analysts .

How have WSR shares performed in 2024?

Whitestone REIT's stock was trading at $12.29 at the beginning of 2024. Since then, WSR stock has decreased by 10.9% and is now trading at $10.9450. View the best growth stocks for 2024 here .

When is Whitestone REIT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our WSR earnings forecast .

How can I listen to Whitestone REIT's earnings call?

Whitestone REIT will be holding an earnings conference call on Thursday, May 2nd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13742562".

How were Whitestone REIT's earnings last quarter?

Whitestone REIT (NYSE:WSR) posted its earnings results on Tuesday, May, 3rd. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by $0.06. Whitestone REIT had a net margin of 13.05% and a trailing twelve-month return on equity of 4.51%. During the same period in the previous year, the company earned $0.23 EPS.

How often does Whitestone REIT pay dividends? What is the dividend yield for Whitestone REIT?

Whitestone REIT declared a monthly dividend on Thursday, March 7th. Shareholders of record on Tuesday, June 4th will be paid a dividend of $0.0413 per share on Thursday, June 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.52%. The ex-dividend date is Tuesday, June 4th. Read our dividend analysis for WSR .

Is Whitestone REIT a good dividend stock?

Whitestone REIT (NYSE:WSR) pays an annual dividend of $0.50 per share and currently has a dividend yield of 4.56%. WSR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 131.58%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, WSR will have a dividend payout ratio of 44.64% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for WSR .

What guidance has Whitestone REIT issued on next quarter's earnings?

Whitestone REIT updated its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided EPS guidance of 0.980-1.040 for the period, compared to the consensus earnings per share estimate of 1.040. The company issued revenue guidance of -.

What is James C. Mastandrea's approval rating as Whitestone REIT's CEO?

18 employees have rated Whitestone REIT Chief Executive Officer James C. Mastandrea on Glassdoor.com . James C. Mastandrea has an approval rating of 29% among the company's employees. This puts James C. Mastandrea in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 24.0% of employees surveyed would recommend working at Whitestone REIT to a friend.

What other stocks do shareholders of Whitestone REIT own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Whitestone REIT investors own include Energy Transfer (ET) , AT&T (T) , New Residential Investment (NRZ) , CBL & Associates Properties (CBL) , AGNC Investment (AGNC) , Prospect Capital (PSEC) , Annaly Capital Management (NLY) , General Electric (GE) , Medical Properties Trust (MPW) and NGL Energy Partners (NGL) .

How do I buy shares of Whitestone REIT?

Shares of WSR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:WSR

Whitestone REIT (WSR) Stock Price, News & Analysis

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$10.94

+0.13 (+1.20%)

(As of 04/18/2024 ET)

Compare

Today's Range: $10.80
▼
$11.02
50-Day Range: $10.81
▼
$12.77
52-Week Range: $8.21
▼
$13.12

Volume: 259,408 shs
Average Volume: 332,936 shs
Market Capitalization: $546.81 million

P/E Ratio: 28.80
Dividend Yield: 4.57%
Price Target: $13.63

Get Whitestone REIT alerts:

Whitestone REIT MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 24.5% Upside
$13.63 Price Target
Short Interest: Healthy
2.04% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 7.69%
From $1.04 to $1.12 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.60 out of 5 stars

Finance Sector

562nd out of 822 stocks

Real Estate Investment Trusts Industry

113th out of 176 stocks

2.4

Analyst's Opinion

Consensus Rating
Whitestone REIT has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Whitestone REIT has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.04% of the outstanding shares of Whitestone REIT have been sold short.
Short Interest Ratio / Days to Cover
Whitestone REIT has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Whitestone REIT has recently increased by 10.71%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Leadership
Whitestone REIT is a leading dividend payer. It pays a dividend yield of 4.56%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Whitestone REIT has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Whitestone REIT is 131.58%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Whitestone REIT will have a dividend payout ratio of 44.64% next year. This indicates that Whitestone REIT will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for WSR.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Whitestone REIT this week, compared to 2 articles on an average week.
Search Interest
Only 2 people have searched for WSR on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
27 people have added Whitestone REIT to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Whitestone REIT insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.50% of the stock of Whitestone REIT is held by insiders.
Percentage Held by Institutions
69.51% of the stock of Whitestone REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Whitestone REIT are expected to grow by 7.69% in the coming year, from $1.04 to $1.12 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Whitestone REIT is 28.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of Whitestone REIT is 28.80, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.79.
Price to Earnings Growth Ratio
Whitestone REIT has a PEG Ratio of 1.74. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Whitestone REIT has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Whitestone REIT Stock (NYSE:WSR)

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. The Company believes its strong community connections and deep tenant relationships are key to the success of its current centers and its acquisition strategy.

WSR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WSR Stock News Headlines

April 15, 2024 | seekingalpha.com

Whitestone REIT: A Concentrated REIT With A 4.4% Yield

April 11, 2024 | americanbankingnews.com

Whitestone REIT (NYSE:WSR) Given "Market Outperform" Rating at JMP Securities

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The Analyst Landscape: 4 Takes On Whitestone REIT

April 9, 2024 | globenewswire.com

Whitestone REIT Acquires Scottsdale Commons

April 9, 2024 | markets.businessinsider.com

Erez Urges Whitestone Shareholders To Elect Its Two Nominees To Board - Quick Facts

April 9, 2024 | prnewswire.com

EREZ ASSET MANAGEMENT MAILS PROXY STATEMENT SEEKING TO REPLACE TWO WHITESTONE REIT TRUSTEES

April 7, 2024 | sg.finance.yahoo.com

Wipro CEO Thierry Delaporte resigns

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April 5, 2024 | finance.yahoo.com

These REITs Offer Yields Up to 7.2% and Monthly Dividends

April 5, 2024 | globenewswire.com

Whitestone REIT Files Definitive Proxy Materials and Mails Letter to Shareholders

April 1, 2024 | globenewswire.com

Whitestone REIT Announces First Quarter 2024 Earnings Webcast and Conference Call

April 1, 2024 | seekingalpha.com

Commercial Real Estate Woes: Prospects For REITs In A Challenging Environment

March 19, 2024 | finance.yahoo.com

These Monthly Income Stocks Just Raised Their Dividends and Now Have Yields Up to 8.3%

March 18, 2024 | markets.businessinsider.com

Positive Report for Whitestone REIT (WSR) from JMP Securities

March 11, 2024 | seekingalpha.com

Whitestone REIT: This Small-Cap Value Is Flying Under The Radar

March 9, 2024 | seekingalpha.com

Whitestone REIT: 4.1% Dividend Yield, Recent Hike And Sunbelt Focus

March 9, 2024 | markets.businessinsider.com

Whitestone REIT Receives ‘Buy’ Rating Amid Strong Financial Performance and Strategic Growth Initiatives

March 8, 2024 | finance.yahoo.com

Four REITs That Just Raised Dividends

March 7, 2024 | globenewswire.com

Whitestone REIT Board of Trustees Rejects Nomination of Two Erez Candidates

March 7, 2024 | msn.com

Erez plans to nominate two candidates to Whitestone REIT board

March 7, 2024 | finance.yahoo.com

Whitestone REIT (WSR) Reports Solid Occupancy and Revenue Growth in Q4 and Full Year 2023 Results

March 7, 2024 | prnewswire.com

EREZ NOMINATES TWO CANDIDATES FOR WHITESTONE REIT BOARD OF TRUSTEES

March 7, 2024 | seekingalpha.com

Whitestone REIT 2023 Q4 - Results - Earnings Call Presentation

March 7, 2024 | investorplace.com

WSR Stock Earnings: Whitestone REIT Beats Revenue for Q4 2023

See More Headlines

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Company Calendar

Last Earnings: 5/03/2022
Today: 4/18/2024
Ex-Dividend for 5/14 Dividend: 5/01/2024
Next Earnings (Confirmed): 5/01/2024
Dividend Payable: 5/14/2024
Ex-Dividend for 6/13 Dividend: 6/04/2024
Dividend Payable: 6/13/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Real estate investment trusts
Sub-Industry: Diversified REITs
Current Symbol: NYSE:WSR
CUSIP: 96608420
CIK: 1175535
Web: www.whitestonereit.com
Phone: (713) 827-9595
Fax: 713-465-8847
Employees: 79
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $13.63
High Stock Price Target: $15.00
Low Stock Price Target: $11.00
Potential Upside/Downside: +24.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.38
Trailing P/E Ratio: 28.79
Forward P/E Ratio: 10.52
P/E Growth: 1.74
Net Income: $19.18 million
Net Margins: 13.05%
Pretax Margin: 13.54%
Return on Equity: 4.51%
Return on Assets: 1.72%

Debt

Debt-to-Equity Ratio: 1.53
Current Ratio: 1.80
Quick Ratio: 1.80

Sales & Book Value

Annual Sales: $146.97 million
Price / Sales: 3.72
Cash Flow: $1.08 per share
Price / Cash Flow: 10.10
Book Value: $8.46 per share
Price / Book: 1.29

Miscellaneous

Outstanding Shares: 49,960,000
Free Float: 47,210,000
Market Cap: $546.56 million
Optionable: Optionable
Beta: 1.19

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Key Executives

Mr. David K. Holeman CPA (Age 61)
CEO & Director
Comp: $1.04M
Mr. J. Scott Hogan (Age 54)
Chief Financial Officer
Comp: $497.64k
Ms. Christine C. J. Mastandrea (Age 58)
Chief Operating Officer
Comp: $731.77k
Mr. Peter A. Tropoli (Age 52)
General Counsel & Corporate Secretary
Comp: $527.6k
Ms. Soklin Siv (Age 50)
Vice President of Human Resources
Comp: $402.09k
Mr. David Mordy
Director of Investor Relations
Mr. Matthew A. Okmin
Regional Senior Vice President of Arizona
David C. Spagnolo
Regional Senior Vice President of Dallas & Austin
Mr. Michael Ly
Controller

Key Competitors

View All Competitors

Insiders

Amy Shih-Hua Feng
Bought 3,900 shares on 5/5/2023
Total: $33,033.00 ($8.47/share)

View All Insider Transactions

WSR Stock Analysis - Frequently Asked Questions

Should I buy or sell Whitestone REIT stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Whitestone REIT in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" WSR shares.
View WSR analyst ratings or view top-rated stocks.
What is Whitestone REIT's stock price target for 2024?: 4 brokerages have issued twelve-month price targets for Whitestone REIT's shares. Their WSR share price targets range from $11.00 to $15.00. On average, they expect the company's share price to reach $13.63 in the next twelve months. This suggests a possible upside of 24.5% from the stock's current price.
View analysts price targets for WSR or view top-rated stocks among Wall Street analysts.
How have WSR shares performed in 2024?: Whitestone REIT's stock was trading at $12.29 at the beginning of 2024. Since then, WSR stock has decreased by 10.9% and is now trading at $10.9450.
View the best growth stocks for 2024 here.
When is Whitestone REIT's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our WSR earnings forecast.
How can I listen to Whitestone REIT's earnings call?: Whitestone REIT will be holding an earnings conference call on Thursday, May 2nd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13742562".
How were Whitestone REIT's earnings last quarter?: Whitestone REIT (NYSE:WSR) posted its earnings results on Tuesday, May, 3rd. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by $0.06. Whitestone REIT had a net margin of 13.05% and a trailing twelve-month return on equity of 4.51%. During the same period in the previous year, the company earned $0.23 EPS.

How often does Whitestone REIT pay dividends? What is the dividend yield for Whitestone REIT?: Whitestone REIT declared a monthly dividend on Thursday, March 7th. Shareholders of record on Tuesday, June 4th will be paid a dividend of $0.0413 per share on Thursday, June 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.52%. The ex-dividend date is Tuesday, June 4th.
Read our dividend analysis for WSR.
Is Whitestone REIT a good dividend stock?: Whitestone REIT (NYSE:WSR) pays an annual dividend of $0.50 per share and currently has a dividend yield of 4.56%. WSR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 131.58%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, WSR will have a dividend payout ratio of 44.64% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WSR.
What guidance has Whitestone REIT issued on next quarter's earnings?: Whitestone REIT updated its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided EPS guidance of 0.980-1.040 for the period, compared to the consensus earnings per share estimate of 1.040. The company issued revenue guidance of -.
What is James C. Mastandrea's approval rating as Whitestone REIT's CEO?: 18 employees have rated Whitestone REIT Chief Executive Officer James C. Mastandrea on Glassdoor.com. James C. Mastandrea has an approval rating of 29% among the company's employees. This puts James C. Mastandrea in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 24.0% of employees surveyed would recommend working at Whitestone REIT to a friend.
What other stocks do shareholders of Whitestone REIT own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Whitestone REIT investors own include Energy Transfer (ET), AT&T (T), New Residential Investment (NRZ), CBL & Associates Properties (CBL), AGNC Investment (AGNC), Prospect Capital (PSEC), Annaly Capital Management (NLY), General Electric (GE), Medical Properties Trust (MPW) and NGL Energy Partners (NGL).
How do I buy shares of Whitestone REIT?: Shares of WSR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:WSR) was last updated on 4/19/2024 by MarketBeat.com Staff

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Whitestone REIT (WSR) Stock Price, News & Analysis

Whitestone REIT MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Whitestone REIT Stock (NYSE:WSR)

WSR Stock Price History

WSR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

WSR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™