Whitestone REIT (WSR)

NYSE: WSR · IEX Real-Time Price · USD
12.37
-0.09 (-0.72%)
Feb 20, 2024, 4:00 PM EST - Market closed
-0.72%
Market Cap 613.37M
Revenue (ttm) 144.36M
Net Income (ttm) 37.58M
Shares Out 49.59M
EPS (ttm) 0.75
PE Ratio 16.49
Forward PE 52.12
Dividend $0.48 (3.88%)
Ex-Dividend Date Mar 1, 2024
Volume 286,637
Open 12.32
Previous Close 12.46
Day's Range 12.20 - 12.40
52-Week Range 8.21 - 13.12
Beta 1.20
Analysts Strong Buy
Price Target 13.67 (+10.51%)
Earnings Date Mar 6, 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 78
Stock Exchange NYSE
Ticker Symbol WSR
Full Company Profile

Financial Performance

In 2022, WSR's revenue was $139.42 million, an increase of 11.21% compared to the previous year's $125.37 million. Earnings were $35.27 million, an increase of 192.75%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for WSR stock is "Strong Buy." The 12-month stock price forecast is $13.67, which is an increase of 10.51% from the latest price.

Price Target
$13.67
(10.51% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

26 days 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 ...

26 days 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 ...

2 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...

2 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...

2 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...

3 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...

4 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...

4 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 ...

5 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...

5 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...

7 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...

8 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...

9 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...

9 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...

9 months 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...

10 months ago - GlobeNewsWire

Whitestone REIT Reports First Quarter 2023 Results

HOUSTON, May 02, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the first quarter of 2023. Whitestone crea...

10 months ago - GlobeNewsWire

Whitestone REIT Announces First Quarter 2023 Earnings Webcast and Conference Call

HOUSTON, April 03, 2023 (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, ...

11 months ago - GlobeNewsWire

Whitestone REIT Declares Second Quarter 2023 Dividend

HOUSTON, March 09, 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...

1 year ago - GlobeNewsWire

Whitestone REIT Reports Fourth Quarter and Full Year 2022 Results

HOUSTON, Feb. 28, 2023 (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 2022....

1 year ago - GlobeNewsWire

Whitestone REIT Announces Tax Characteristics of 2022 Distributions

HOUSTON, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) released the federal income tax treatment of 2022 cash distributions to holders of common shares ...

1 year ago - GlobeNewsWire

Whitestone REIT Receives Investment Grade Credit Rating

HOUSTON, Jan. 20, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it received an investment grade issuer credit rating from Kroll Bond Rating A...

1 year ago - GlobeNewsWire

Whitestone REIT Announces Fourth Quarter 2022 Earnings Webcast and Conference Call

HOUSTON, Jan. 10, 2023 (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...

1 year ago - GlobeNewsWire

Whitestone REIT Adds Lake Woodlands Crossing to its Houston Portfolio

HOUSTON, Dec. 22, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced the acquisition of Lake Woodlands Crossing, a 60,246 square foot retail property i...

1 year ago - GlobeNewsWire

Whitestone REIT CEO Letter to Shareholders: 2022 Wrap-up

HOUSTON, Dec. 19, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) is pleased to share the following CEO letter with shareholders:

1 year ago - GlobeNewsWire