Whitestone REIT (NYSE:WSR) Stock Price Expected to Rise, Truist Financial Analyst Says

Whitestone REIT (NYSE:WSR) had its price target increased by analysts at Truist Financial from $14.00 to $15.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the real estate investment trust’s stock. Truist Financial’s target price would indicate a potential upside of 14.20% from the company’s current price.

Separately, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Whitestone REIT in a report on Thursday. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Whitestone REIT currently has an average rating of “Buy” and an average target price of $15.50.

Whitestone REIT Price Performance

NYSE WSR opened at $13.14 on Tuesday. The company has a market cap of $670.15 million, a P/E ratio of 15.45, a P/E/G ratio of 1.91 and a beta of 0.96. Whitestone REIT has a 1 year low of $11.43 and a 1 year high of $15.36. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 1.55. The company has a fifty day simple moving average of $12.51 and a 200 day simple moving average of $12.50.

Whitestone REIT (NYSE:WSR) last posted its quarterly earnings results on Wednesday, October 29th. The real estate investment trust reported $0.26 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.26. The company had revenue of $41.05 million for the quarter, compared to analyst estimates of $39.21 million. Whitestone REIT had a net margin of 28.16% and a return on equity of 10.15%. Whitestone REIT has set its FY 2025 guidance at 1.030-1.070 EPS. On average, sell-side analysts predict that Whitestone REIT will post 0.99 EPS for the current year.

About Whitestone REIT

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.