Whitestone REIT (NYSE:WSR) Sets New 12-Month High – Here’s Why

Shares of Whitestone REIT (NYSE:WSR) hit a new 52-week high on Wednesday . The stock traded as high as $16.62 and last traded at $16.5650, with a volume of 295552 shares trading hands. The stock had previously closed at $16.47.

Analyst Ratings Changes

WSR has been the topic of a number of recent research reports. Cantor Fitzgerald upgraded shares of Whitestone REIT to a “strong-buy” rating in a report on Wednesday, February 4th. Maxim Group reissued a “hold” rating on shares of Whitestone REIT in a research report on Monday, March 2nd. B. Riley Financial raised shares of Whitestone REIT from a “neutral” rating to a “buy” rating and set a $18.00 price objective on the stock in a research note on Friday, March 6th. Weiss Ratings restated a “buy (b-)” rating on shares of Whitestone REIT in a research report on Monday, December 29th. Finally, LADENBURG THALM/SH SH assumed coverage on shares of Whitestone REIT in a research note on Tuesday, January 13th. They issued a “buy” rating and a $17.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $16.80.

Whitestone REIT Trading Up 0.6%

The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.39. The stock has a market capitalization of $851.28 million, a price-to-earnings ratio of 17.44 and a beta of 0.77. The business has a 50 day simple moving average of $14.90 and a 200-day simple moving average of $13.62.

Whitestone REIT (NYSE:WSR) last posted its quarterly earnings data 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 31.04% and a return on equity of 11.23%. The company had revenue of $43.92 million during 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, equities analysts predict that Whitestone REIT will post 0.99 earnings per share for the current year.

Whitestone REIT Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 16th will be paid a dividend of $0.1425 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $0.57 dividend on an annualized basis and a yield of 3.4%. Whitestone REIT’s dividend payout ratio (DPR) is currently 60.00%.

Whitestone REIT declared that its Board of Directors has authorized a share buyback plan on Friday, December 19th that authorizes the company to repurchase $50.00 million in outstanding shares. This repurchase authorization authorizes the real estate investment trust to buy up to 7.2% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Whitestone REIT Company Profile

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.