Whitestone REIT (WSR)

NYSE: WSR · IEX Real-Time Price · USD
10.94
+0.13 (1.20%)
At close: Apr 18, 2024, 4:00 PM
11.07
+0.13 (1.19%)
After-hours: Apr 18, 2024, 7:35 PM EDT
1.20%
Market Cap 546.54M
Revenue (ttm) 146.97M
Net Income (ttm) 19.18M
Shares Out 49.96M
EPS (ttm) 0.38
PE Ratio 28.79
Forward PE 31.40
Dividend $0.48 (4.42%)
Ex-Dividend Date Jun 4, 2024
Volume 184,862
Open 10.84
Previous Close 10.81
Day's Range 10.80 - 11.02
52-Week Range 8.21 - 13.12
Beta 1.18
Analysts Strong Buy
Price Target 14.33 (+30.99%)
Earnings Date May 1, 2024

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 2023, WSR's revenue was $146.97 million, an increase of 5.41% compared to the previous year's $139.42 million. Earnings were $19.18 million, a decrease of -45.62%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for WSR stock is "Strong Buy." The 12-month stock price forecast is $14.33, which is an increase of 30.99% from the latest price.

Price Target
$14.33
(30.99% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Whitestone REIT Acquires Scottsdale Commons

HOUSTON, April 09, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced the acquisition of Scottsdale Commons in Scottsdale, Arizona for $22.2 million. S...

9 days ago - GlobeNewsWire

EREZ ASSET MANAGEMENT MAILS PROXY STATEMENT SEEKING TO REPLACE TWO WHITESTONE REIT TRUSTEES

Board Has Hidden Conflicts of Interest and Has Overseen Poor Governance and Capital Allocation, Leaving Whitestone Subscale and Over-Leveraged Company Has Diluted Shareholders with Equity Offerings On...

9 days ago - PRNewsWire

Whitestone REIT Files Definitive Proxy Materials and Mails Letter to Shareholders

Urges Shareholders to Vote for All of Whitestone's Highly Qualified Trustees on the WHITE Proxy Card Since CEO Change in 2022, Whitestone Has Executed on a Successful Strategy for Value Creation and D...

13 days ago - GlobeNewsWire

Whitestone REIT Announces First Quarter 2024 Earnings Webcast and Conference Call

HOUSTON, April 01, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the first quarter ended March 31, ...

17 days ago - GlobeNewsWire

Whitestone REIT Board of Trustees Rejects Nomination of Two Erez Candidates

HOUSTON, March 07, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT received notice that Erez Asset Management, LLC ("Erez") has nominated two candidates to stand for election to the Board of Trustees of Whit...

6 weeks ago - GlobeNewsWire

EREZ NOMINATES TWO CANDIDATES FOR WHITESTONE REIT BOARD OF TRUSTEES

The Company has a track record of poor capital allocation and ineffective governance Urges Whitestone's shareholders to demand answers to critical questions NEW ROCHELLE, N.Y. , March 7, 2024 /PRNewsw...

6 weeks ago - PRNewsWire

Whitestone REIT Reports Fourth Quarter and Full Year 2023 Results

HOUSTON, March 06, 2024 (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 2023...

6 weeks ago - GlobeNewsWire

Whitestone REIT Increases Annual Cash Dividend by 3%

HOUSTON, March 05, 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 $0.04125 per ...

6 weeks ago - GlobeNewsWire

Whitestone REIT Acquires Garden Oaks Shopping Center

HOUSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced the acquisition of the grocery-anchored Garden Oaks Shopping Center in Houston. Th...

2 months ago - GlobeNewsWire

Delaware Court of Chancery Rules in Favor of Whitestone

Pillarstone Breached the Implied Duty of Good Faith and Fair Dealing, Poison Pill Declared Unenforceable Pillarstone Breached the Implied Duty of Good Faith and Fair Dealing, Poison Pill Declared Unen...

3 months ago - GlobeNewsWire

Whitestone REIT Announces Tax Characteristics of 2023 Distributions

HOUSTON, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) released the federal income tax treatment of 2023 cash distributions to holders of common shares ...

3 months ago - GlobeNewsWire

Whitestone REIT Board of Trustees Responds to Proposal from Bruce Schanzer / Erez Asset Management, LLC (“Erez”)

HOUSTON, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) announced today that, after careful review and consideration, the Board of Trustees of Whitestone ...

4 months ago - GlobeNewsWire

Court Dismisses All Claims By Former CEO Against Whitestone REIT

HOUSTON, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) is pleased to announce that on Friday, December 8, 2023, the District Court in Harris County, Tex...

4 months ago - GlobeNewsWire

Whitestone REIT Declares First Quarter 2024 Dividend

HOUSTON, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.04 per shar...

4 months ago - GlobeNewsWire

Whitestone REIT Adds Specialty Food Component at Lake Woodlands Crossing and Sugar Park Plaza Centers

HOUSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) is pleased to share leasing updates for two of its open-air shopping centers in Houston. The Compa...

5 months ago - GlobeNewsWire

Whitestone REIT Reports Third Quarter 2023 Results

HOUSTON, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the third quarter of 2023. Whitestone cre...

6 months ago - GlobeNewsWire

Whitestone REIT to Serve as Sponsor of Social Motion's Spectrum of Tastes: Amplify Our Voices Fundraiser

Charitable event celebrates the successes of children and young adults with autism and special needs Charitable event celebrates the successes of children and young adults with autism and special need...

6 months ago - GlobeNewsWire

Whitestone REIT Announces Third Quarter 2023 Earnings Webcast and Conference Call

HOUSTON, Sept. 22, 2023 (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 ...

7 months ago - GlobeNewsWire

Whitestone REIT Declares Fourth Quarter 2023 Dividend

HOUSTON, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.04 per sha...

8 months ago - GlobeNewsWire

Whitestone REIT Reports Second Quarter 2023 Results

HOUSTON, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the second quarter of 2023. Whitestone cr...

9 months ago - GlobeNewsWire

Whitestone REIT Announces Second Quarter 2023 Earnings Webcast and Conference Call

HOUSTON, June 29, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the second quarter ended June 30, 2...

10 months ago - GlobeNewsWire

Whitestone REIT Acquires Arcadia Towne Center

HOUSTON, June 13, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced the acquisition of Arcadia Towne Center in Phoenix, Arizona for $25.3 million. Arc...

11 months ago - GlobeNewsWire

Whitestone REIT to Present at Nareit's REITweek 2023 Investor Conference

HOUSTON, June 01, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that CEO Dave Holeman, COO Christine Mastandrea and CFO Scott Hogan will particip...

11 months ago - GlobeNewsWire

Whitestone REIT Elects New Board Member, Julia Buthman

HOUSTON, May 18, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) announces the addition of Julia Buthman to the Company's Board of Trustees, elected May 12th at Whi...

1 year ago - GlobeNewsWire

Whitestone REIT Declares Third Quarter 2023 Dividend

HOUSTON, May 16, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.04 per share...

1 year ago - GlobeNewsWire