Whitestone REIT (WSR)
Market Cap | 731.59M |
Revenue (ttm) | 154.25M |
Net Income (ttm) | 36.89M |
Shares Out | 51.34M |
EPS (ttm) | 0.72 |
PE Ratio | 19.79 |
Forward PE | 36.54 |
Dividend | $0.52 (3.63%) |
Ex-Dividend Date | Jun 2, 2025 |
Volume | 350,279 |
Open | 14.27 |
Previous Close | 14.26 |
Day's Range | 14.04 - 14.31 |
52-Week Range | 10.77 - 15.36 |
Beta | 1.29 |
Analysts | Strong Buy |
Price Target | 15.67 (+9.97%) |
Earnings Date | Mar 3, 2025 |
About 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 Compan... [Read more]
Financial Performance
In 2024, Whitestone REIT's revenue was $154.25 million, an increase of 7.18% compared to the previous year's $143.92 million. Earnings were $36.89 million, an increase of 92.35%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for WSR stock is "Strong Buy." The 12-month stock price forecast is $15.67, which is an increase of 9.97% from the latest price.
News

Whitestone REIT Commences Transformation of Merchandising Mix at Davenport Village in Austin, Texas
Positioning asset to become an 18-hour activity hub that better serves the lifestyle needs of the surrounding community

Whitestone REIT Declares Second Quarter 2025 Dividend
HOUSTON, March 06, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.045 per sh...

Whitestone REIT (WSR) Q4 2024 Earnings Call Transcript
Whitestone REIT (NYSE:WSR) Q4 2024 Earnings Conference Call March 4, 2025 8:30 AM ET Company Participants David Moody - Director, Investor Relations Dave Holeman - Chief Executive Officer Christine M...

Whitestone REIT Reports Fourth Quarter and Full Year 2024 Results
HOUSTON, March 03, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the fourth quarter and full year of 2024...

Whitestone REIT: Sunbelt Powerhouse Poised For Potential Market-Beating Returns
Whitestone REIT owns high-quality open-air retail centers in fast-growing Sunbelt markets, achieving strong leasing spreads and consistent NOI growth. WSR's remerchandising and asset recycling initiat...

Whitestone REIT Announces Tax Characteristics of 2024 Distributions
HOUSTON, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) released the federal income tax treatment of 2024 cash distributions to holders of common shares ...

Whitestone REIT Announces Fourth Quarter 2024 Earnings Webcast and Conference Call
HOUSTON, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the fourth quarter ended December 3...

Whitestone REIT: Retail Has Finally Right Sized
Whitestone REIT's COO Christine Mastandrea emphasizes the resilience of retail, focusing on smaller format centers that prioritize services and convenience.

REITs, Interest Rates And Why Retail Isn't Dead
The interest rate conversation as it pertains to REITs. Christine Mastandrea, COO of Whitestone REIT, on diversifying risk and why retail isn't dead.

Whitestone REIT CEO Letter to Shareholders: 2024 Wrap-Up
HOUSTON, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) is pleased to share the following CEO letter with shareholders:

Whitestone REIT Signs Lease with EoS Fitness to Reenergize Windsor Park Center in San Antonio
Marks second agreement Whitestone has executed with the rapidly growing, High Value. Low Price. (HVLP) ® fitness brand

Whitestone REIT Grows Dividend 9%
HOUSTON, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.045 per sha...

MCB Withdraws Proposal to Acquire Whitestone Due to Whitestone Board's Entrenchment and Refusal to Engage
Calls on Independent Trustees of Whitestone to Initiate Strategic Review Process to Maximize Value for Whitestone Shareholders Reminds Trustees of the Whitestone Board's Fiduciary Duties BALTIMORE , N...

Whitestone REIT: Weighing Potential Amid Risks
Whitestone REIT has delivered over 35% total returns since November 2023, with a current forward yield of 3.44% and a low P/FFO multiple of 14.62x. Looking at WSR stock, I can see a compelling entry p...

Whitestone REIT. (WSR) Q3 2024 Earnings Call Transcript
Whitestone REIT. (WSR) Q3 2024 Earnings Call Transcript

MCB Calls on Whitestone to Maximize Shareholder Value
The Whitestone Board Has Summarily Rejected and Refused to Engage Regarding MCB's Improved $15.00 per Share All-Cash Proposal, which would Deliver a 14.5% Premium to Whitestone Shareholders MCB Urges ...

Whitestone REIT Responds to MCB Indication of Interest
HOUSTON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) provided the following response to MCB's recent indication of interest:

Whitestone REIT Reports Third Quarter 2024 Results
HOUSTON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the third quarter of 2024. Whitestone cre...

Whitestone Buyout Offer Undervalues Its Assets
MCB Real Estate's $15 per share buyout offer for Whitestone REIT is too low, with WSR's fair value estimated closer to $17 per share. The hostile takeover attempt by MCB could spark competing bids fro...

MCB Real Estate Increases Proposal to Acquire Whitestone REIT to $15.00 Per Share in Cash and Seeks Board Engagement
Proposal Would Deliver Immediate and Certain 14.5% Premium to Whitestone Shareholders Compared to Share Price Prior to Initial Proposal Per Share Price Represents a 61.8% Premium to Whitestone's Unaff...

5 Of My Favorite Monthly Paying REITs
Monthly dividends can be enticing, but quality and sustainability of the dividend are crucial. Avoid "sucker yields" by analyzing fundamentals. Agree Realty is a high-quality REIT with consistent divi...

Whitestone REIT Announces Third Quarter 2024 Earnings Webcast and Conference Call
HOUSTON, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the third quarter ended September 3...