Whitestone REIT (WSR)

NYSE: WSR · Real-Time Price · USD
14.25
-0.01 (-0.07%)
At close: Mar 10, 2025, 4:00 PM
13.98
-0.27 (-1.89%)
After-hours: Mar 10, 2025, 8:00 PM EST
-0.07%
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]

Industry REIT - Retail
Sector Real Estate
IPO Date Aug 26, 2010
Employees 79
Stock Exchange NYSE
Ticker Symbol WSR
Full Company Profile

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 Statements

Analyst 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.

Price Target
$15.67
(9.97% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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

20 hours ago - GlobeNewsWire

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...

4 days ago - GlobeNewsWire

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...

6 days ago - Seeking Alpha

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...

7 days ago - GlobeNewsWire

5 REITs Ripe For Buyout

M&A is beneficial for target shareholders, offering premiums of 10%-50%, and identifying potential buyout targets involves analyzing specific features like discount to NAV and valuation disparity. REI...

Other symbols: BFSDLRFPIFRTHPPKIMPLYM
11 days ago - Seeking Alpha

Why I Don't Invest In REIT ETFs

Passive beats active in most cases. REITs are an exception. I explain why I follow an active strategy when investing in REITs.

Other symbols: AHHBXCPTESRTESSFPIIVT
13 days ago - Seeking Alpha

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...

5 weeks ago - Seeking Alpha

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 ...

5 weeks ago - GlobeNewsWire

Hidden Gems: 2 Must-Buy REITs Right Now

Some of the best REIT investment opportunities are in Canada. Valuations are lower and so are interest rates. I present 2 hidden gems that we are buying.

Other symbols: BXEXRFRTPSAREG
7 weeks ago - Seeking Alpha

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...

7 weeks ago - GlobeNewsWire

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.

2 months ago - Seeking Alpha

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.

Other symbols: XRT
2 months ago - Seeking Alpha

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:

2 months ago - GlobeNewsWire

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

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - Seeking Alpha

Whitestone REIT. (WSR) Q3 2024 Earnings Call Transcript

Whitestone REIT. (WSR) Q3 2024 Earnings Call Transcript

4 months ago - Seeking Alpha

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 ...

4 months ago - PRNewsWire

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:

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

5 months ago - Seeking Alpha

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 months ago - PRNewsWire

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...

Other symbols: ADCLTCOSTAG
5 months ago - Seeking Alpha

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...

5 months ago - GlobeNewsWire