Whitestone REIT (WSR)
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]
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 StatementsAnalyst 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.
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...
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...
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...
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, ...
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...
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...
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...
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 ...
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...
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...
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 ...
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 ...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...