Whitestone REIT (NYSE:WSR) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Shares of Whitestone REIT (NYSE:WSR) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $12.56 and traded as high as $13.33. Whitestone REIT shares last traded at $13.2450, with a volume of 197,584 shares traded.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Whitestone REIT in a research note on Monday. Truist Financial increased their price target on Whitestone REIT from $14.00 to $15.00 and gave the company a “buy” rating in a research note on Tuesday, November 18th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Whitestone REIT has an average rating of “Buy” and a consensus price target of $15.50.

Whitestone REIT Stock Performance

The company’s 50-day moving average price is $12.62 and its two-hundred day moving average price is $12.56. The company has a market capitalization of $675.76 million, a price-to-earnings ratio of 15.58, a PEG ratio of 2.10 and a beta of 0.82. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.74 and a quick ratio of 1.74.

Whitestone REIT (NYSE:WSR) last issued its quarterly earnings results on Wednesday, October 29th. The real estate investment trust reported $0.26 EPS for the quarter, meeting analysts’ consensus estimates of $0.26. Whitestone REIT had a net margin of 28.16% and a return on equity of 10.10%. The business had revenue of $41.05 million for the quarter, compared to analysts’ expectations of $39.21 million. Whitestone REIT has set its FY 2025 guidance at 1.030-1.070 EPS. On average, equities research analysts anticipate that Whitestone REIT will post 0.99 EPS for the current fiscal year.

Whitestone REIT Company Profile

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.