Whitestone REIT (NYSE:WSR) Stock Rating Lowered by B. Riley Financial

Whitestone REIT (NYSE:WSR) was downgraded by investment analysts at B. Riley Financial from a “strong-buy” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

Several other equities analysts have also commented on WSR. Alliance Global Partners lowered Whitestone REIT from a “buy” rating to a “hold” rating in a research note on Thursday, April 9th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Whitestone REIT in a research note on Monday, December 29th. Citizens Jmp lowered Whitestone REIT from a “market outperform” rating to a “hold” rating in a research note on Friday, April 10th. LADENBURG THALM/SH SH lowered shares of Whitestone REIT from a “buy” rating to a “hold” rating in a report on Thursday, April 9th. Finally, Citigroup lowered shares of Whitestone REIT from a “market outperform” rating to a “market perform” rating in a report on Friday. One equities research analyst has rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $17.50.

Whitestone REIT Stock Performance

NYSE:WSR opened at $18.92 on Monday. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a market capitalization of $963.03 million, a price-to-earnings ratio of 19.92 and a beta of 0.71. The company’s 50-day moving average is $15.99 and its two-hundred day moving average is $14.18. Whitestone REIT has a 1-year low of $11.43 and a 1-year high of $18.95.

Whitestone REIT (NYSE:WSR) last posted its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.43 earnings per share for the quarter, beating 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 company had revenue of $43.92 million for the quarter, compared to analyst estimates of $41.27 million. Whitestone REIT has set its FY 2026 guidance at 1.100-1.140 EPS. Analysts forecast that Whitestone REIT will post 0.99 EPS for the current year.

Whitestone REIT declared that its board has initiated a stock buyback program on Friday, December 19th that permits the company to buyback $50.00 million in outstanding shares. This buyback authorization permits the real estate investment trust to reacquire up to 7.2% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s management believes its shares are 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.