Whitestone REIT (NYSE:WSR) Stock Price Expected to Rise, Truist Financial Analyst Says

Whitestone REIT (NYSE:WSR) had its price objective lifted by analysts at Truist Financial from $16.00 to $17.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the real estate investment trust’s stock. Truist Financial’s price objective indicates a potential upside of 13.33% from the stock’s previous close.

Several other equities research analysts have also commented on the company. Weiss Ratings restated a “buy (b-)” rating on shares of Whitestone REIT in a research report on Monday, December 29th. Citigroup reissued a “market outperform” rating on shares of Whitestone REIT in a report on Tuesday, January 6th. Cantor Fitzgerald raised shares of Whitestone REIT to a “strong-buy” rating in a report on Wednesday, February 4th. LADENBURG THALM/SH SH assumed coverage on shares of Whitestone REIT in a research report on Tuesday, January 13th. They issued a “buy” rating and a $17.00 price objective for the company. Finally, Maxim Group restated a “hold” rating on shares of Whitestone REIT in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $16.50.

Whitestone REIT Price Performance

NYSE WSR opened at $15.00 on Wednesday. The stock’s fifty day moving average price is $14.50 and its 200 day moving average price is $13.41. Whitestone REIT has a 1 year low of $11.43 and a 1 year high of $15.50. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.98 and a quick ratio of 1.74. The company has a market cap of $765.30 million, a price-to-earnings ratio of 15.79 and a beta of 0.77.

Whitestone REIT (NYSE:WSR) last issued its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.15. Whitestone REIT had a net margin of 31.04% and a return on equity of 11.23%. The firm had revenue of $43.92 million during the quarter, compared to analysts’ expectations of $41.27 million. Whitestone REIT has set its FY 2026 guidance at 1.100-1.140 EPS. As a group, equities research analysts forecast that Whitestone REIT will post 0.99 earnings per share for the current year.

Whitestone REIT declared that its Board of Directors has approved a stock buyback plan on Friday, December 19th that allows the company to repurchase $50.00 million in outstanding shares. This repurchase authorization allows the real estate investment trust to buy up to 7.2% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s leadership believes its stock is undervalued.

About Whitestone REIT

Whitestone REIT is a real estate investment trust headquartered in San Antonio, Texas, that specializes in the acquisition, development and management of retail and mixed-use properties. The company’s portfolio is concentrated in high-growth Texas markets, including the Dallas–Fort Worth metroplex, Houston, Austin and San Antonio, where it primarily owns open-air neighborhood and community shopping centers. Whitestone REIT focuses on convenience- and necessity-based retail, partnering with grocers, fitness operators, service providers and other essential tenants to drive consistent foot traffic and stable occupancy.

In addition to property ownership, Whitestone REIT provides asset and property management services, leasing expertise and development capabilities.