Whitestone REIT (NYSE:WSR) Given Consensus Rating of “Buy” by Analysts

Shares of Whitestone REIT (NYSE:WSR) have received a consensus recommendation of “Buy” from the seven brokerages that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $16.25.

A number of equities research analysts have recently weighed in on the stock. Citigroup restated a “market outperform” rating on shares of Whitestone REIT in a report on Tuesday, January 6th. LADENBURG THALM/SH SH initiated coverage on shares of Whitestone REIT in a research note on Tuesday, January 13th. They issued a “buy” rating and a $17.00 price target for the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Whitestone REIT in a research note on Monday, December 29th. Cantor Fitzgerald upgraded Whitestone REIT to a “strong-buy” rating in a report on Wednesday, February 4th. Finally, Truist Financial increased their target price on Whitestone REIT from $15.00 to $16.00 and gave the company a “buy” rating in a report on Tuesday, January 20th.

Whitestone REIT Trading Down 0.8%

Shares of Whitestone REIT stock opened at $15.14 on Wednesday. Whitestone REIT has a 1 year low of $11.43 and a 1 year high of $15.50. The firm has a market cap of $772.44 million, a PE ratio of 15.94 and a beta of 0.77. 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 50 day simple moving average of $14.45 and a two-hundred day simple moving average of $13.39.

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 the consensus estimate of $0.28 by $0.15. The firm had revenue of $43.92 million during the quarter, compared to analyst estimates of $41.27 million. Whitestone REIT had a return on equity of 11.23% and a net margin of 31.04%.Whitestone REIT has set its FY 2026 guidance at 1.100-1.140 EPS. Analysts expect that Whitestone REIT will post 0.99 earnings per share for the current fiscal year.

Whitestone REIT Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 16th will be given a dividend of $0.1425 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $0.57 annualized dividend and a yield of 3.8%. Whitestone REIT’s dividend payout ratio is presently 56.84%.

Whitestone REIT announced that its Board of Directors has authorized a stock buyback plan on Friday, December 19th that permits the company to buyback $50.00 million in shares. This buyback authorization permits the real estate investment trust to buy up to 7.2% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s leadership 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.