Whitestone REIT (NYSE:WSR) Given Average Rating of “Buy” by Brokerages

Whitestone REIT (NYSE:WSR) has earned an average rating of “Buy” from the eight brokerages that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $16.80.

WSR has been the topic of a number of research reports. Cantor Fitzgerald raised shares of Whitestone REIT to a “strong-buy” rating in a research report on Wednesday, February 4th. Citigroup reiterated a “market outperform” rating on shares of Whitestone REIT in a research note on Tuesday, January 6th. B. Riley Financial raised shares of Whitestone REIT from a “neutral” rating to a “buy” rating and set a $18.00 price target for the company in a report on Friday, March 6th. LADENBURG THALM/SH SH assumed coverage on shares of Whitestone REIT in a report on Tuesday, January 13th. They issued a “buy” rating and a $17.00 price target on the stock. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Whitestone REIT in a research note on Monday, December 29th.

Whitestone REIT Price Performance

WSR stock opened at $15.97 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.39. The company has a 50-day moving average price of $15.24 and a 200 day moving average price of $13.80. Whitestone REIT has a 12 month low of $11.43 and a 12 month high of $16.62. The stock has a market cap of $820.47 million, a PE ratio of 16.81 and a beta of 0.77.

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

Whitestone REIT declared that its Board of Directors has authorized a share repurchase program on Friday, December 19th that permits the company to repurchase $50.00 million in shares. This repurchase authorization permits the real estate investment trust to buy up to 7.2% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

Whitestone REIT Company Profile

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.