Whitestone REIT (WSR)

NYSE: WSR · IEX Real-Time Price · USD
11.18
+0.11 (0.95%)
Aug 12, 2022 10:05 AM EDT - Market open
0.95%
Market Cap 560.65M
Revenue (ttm) 130.44M
Net Income (ttm) 17.71M
Shares Out 50.17M
EPS (ttm) 0.34
PE Ratio 32.87
Forward PE n/a
Dividend $0.45 (4.03%)
Ex-Dividend Date Sep 2, 2022
Volume 26,968
Open 11.13
Previous Close 11.07
Day's Range 11.13 - 11.21
52-Week Range 9.05 - 13.66
Beta 1.18
Analysts Buy
Price Target 13.67 (+22.3%)
Earnings Date Aug 2, 2022

About WSR

Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality open-air neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestone seeks to create communities that thrive through creating local connections between consumers in the surrounding communities and a well-crafted mix of national, regional and local tenants that provide daily necessities, needed services, entertainment and experiences. Whitestone is a monthly dividend pa... [Read more...]

Industry Equity Real Estate Investment Trusts (REITs)
IPO Date Aug 26, 2010
Employees 89
Stock Exchange NYSE
Ticker Symbol WSR
Full Company Profile

Financial Performance

In 2021, WSR's revenue was $125.37 million, an increase of 6.32% compared to the previous year's $117.92 million. Earnings were $12.05 million, an increase of 99.67%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for WSR stock is "Buy." The 12-month stock price forecast is 13.67, which is an increase of 22.33% from the latest price.

Price Target
$13.67
(22.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Should You Invest in Whitestone REIT Right Now?

A heavy dose of hot Sun Belt neighborhoods makes this portfolio worth "buy" consideration.

Whitestone (WSR) Q2 FFO and Revenues Beat Estimates

Whitestone (WSR) delivered FFO and revenue surprises of 19.05% and 4.19%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Whitestone REIT Reports Second Quarter 2022 Results

HOUSTON, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the second quarter of 2022. Whitestone crea...

Whitestone REIT Declares Fourth Quarter 2022 Dividend

HOUSTON, July 27, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend on the Company's co...

Whitestone (WSR) Upgraded to Buy: What Does It Mean for the Stock?

Whitestone (WSR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Whitestone REIT Announces Second Quarter 2022 Earnings Webcast and Conference Call

HOUSTON, June 23, 2022 (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, 202...

Whitestone REIT to Present at NAREIT's 2022 REITweek

HOUSTON, June 06, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that that CEO Dave Holeman, will participate in a “Fireside Chat” at NAREIT's 2022 ...

Here's Why Whitestone (WSR) Looks Ripe for Bottom Fishing

After losing some value lately, a hammer chart pattern has been formed for Whitestone (WSR), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisio...

Whitestone REIT Declares Third Quarter 2022 Dividend

HOUSTON, May 23, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend on the Company's com...

Whitestone REIT to be Added to the MSCI US REIT Index

HOUSTON, May 16, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that effective as of the close of market on May 31, 2022, WSR will be added to the M...

Whitestone (WSR) Q1 FFO and Revenues Beat Estimates

Whitestone (WSR) delivered FFO and revenue surprises of 36.36% and 4.71%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Whitestone REIT Reports First Quarter 2022 Results

HOUSTON, May 03, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the first quarter of 2022.   Whitestone crea...

Whitestone Announces Multiple Promotions to Advance Leasing Objectives

HOUSTON, April 25, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced several promotions related to furthering the company's focus on leasing. These ind...

Whitestone REIT Continues Governance Improvements

HOUSTON, March 30, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that on March 28, 2022, the Operating Committee of the Board of Trustees unanimous...

Whitestone REIT Announces First Quarter 2022 Earnings Webcast and Conference Call

HOUSTON, March 28, 2022 (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, 20...

Spring Cleaning Is Almost Here: Time to Get These Stocks Out of Your Portfolio

If you own this trio of REITs, it might be time to find better alternatives. Here are some options you'll want to consider.

Other symbols: FPIGNL

Whitestone (WSR) Q4 FFO Meet Estimates

Whitestone (WSR) delivered FFO and revenue surprises of 0% and 2.08%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Whitestone REIT Reports Fourth Quarter and Full Year 2021 Results

HOUSTON, March 01, 2022 (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 2021. ...

Whitestone REIT Increases Annual Cash Dividend by 11.6%

New Dividend Level Reflects Operational and Financial Improvements, and Strong Business Momentum New Dividend Level Reflects Operational and Financial Improvements, and Strong Business Momentum

Whitestone (WSR) Stock Jumps 9.6%: Will It Continue to Soar?

Whitestone (WSR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in ...

Whitestone REIT Announces Leadership Transitions

HOUSTON, Feb. 14, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced several leadership transitions, effective immediately.

Whitestone REIT Announces Termination of Shareholder Rights Plan

HOUSTON, Feb. 11, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT today announced that on February 7, 2022, the Operating Committee of the Board of Trustees unanimously approved the termination of the Company'...

Whitestone REIT Announces Tax Characteristics of 2021 Distributions

HOUSTON, Jan. 28, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) released the federal income tax treatment of 2021 cash distributions to holders of common shares (C...

Whitestone REIT Announces Fourth Quarter and Year End 2021 Earnings Webcast and Conference Call

HOUSTON, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the fourth quarter and year-end 2021 ...

Whitestone REIT Names Dave Holeman Chief Executive Officer

Scott Hogan Appointed Chief Financial Officer Scott Hogan Appointed Chief Financial Officer