Whitestone REIT (NYSE:WSR) Receives $17.50 Consensus PT from Brokerages

Shares of Whitestone REIT (NYSE:WSR) have received a consensus rating of “Hold” from the ten brokerages that are currently covering the stock, MarketBeat Ratings reports. Nine research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $17.50.

Several research analysts have weighed in on WSR shares. Colliers Securities set a $19.00 price target on Whitestone REIT in a research note on Friday, April 10th. Citizens Jmp lowered shares of Whitestone REIT from a “market outperform” rating to a “hold” rating in a report on Friday, April 10th. LADENBURG THALM/SH SH lowered shares of Whitestone REIT from a “buy” rating to a “hold” rating in a report on Thursday, April 9th. Truist Financial lowered shares of Whitestone REIT from a “buy” rating to a “hold” rating and raised their target price for the company from $17.00 to $19.00 in a report on Thursday, April 9th. Finally, Alliance Global Partners lowered shares of Whitestone REIT from a “buy” rating to a “hold” rating in a report on Thursday, April 9th.

Whitestone REIT Trading Down 0.1%

Whitestone REIT stock opened at $18.97 on Monday. The firm has a 50 day moving average of $17.91 and a 200 day moving average of $15.44. The firm has a market capitalization of $974.61 million, a price-to-earnings ratio of 19.76 and a beta of 0.80. Whitestone REIT has a 12-month low of $11.43 and a 12-month high of $19.01. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 1.39.

Whitestone REIT (NYSE:WSR) last released its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.43 earnings per share (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 company had revenue of $43.92 million during the quarter, compared to analyst estimates of $41.27 million. Whitestone REIT has set its FY 2026 guidance at 1.100-1.140 EPS. As a group, research analysts predict that Whitestone REIT will post 1.13 earnings per share for the current year.

Whitestone REIT Dividend Announcement

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