Whitestone REIT (NYSE:WSR) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Whitestone REIT (NYSE:WSR) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $13.75 and traded as high as $16.30. Whitestone REIT shares last traded at $16.0950, with a volume of 201,943 shares.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on WSR shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Whitestone REIT in a research note on Monday, December 29th. Citigroup restated a “market outperform” rating on shares of Whitestone REIT in a research report on Tuesday, January 6th. Cantor Fitzgerald raised Whitestone REIT to a “strong-buy” rating in a research note on Wednesday, February 4th. Maxim Group reissued a “hold” rating on shares of Whitestone REIT in a report on Monday, March 2nd. Finally, B. Riley Financial upgraded shares of Whitestone REIT from a “neutral” rating to a “buy” rating and set a $18.00 price target on the stock in a research note on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $16.80.

Whitestone REIT Trading Down 0.3%

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 firm’s 50-day moving average is $15.16 and its 200 day moving average is $13.75. The firm has a market capitalization of $827.15 million, a price-to-earnings ratio of 16.94 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 EPS for the quarter, topping analysts’ consensus estimates 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. On average, equities analysts predict that Whitestone REIT will post 0.99 earnings per share for the current fiscal year.

Whitestone REIT declared that its Board of Directors has initiated a share buyback program on Friday, December 19th that authorizes the company to buyback $50.00 million in shares. This buyback authorization authorizes the real estate investment trust to purchase up to 7.2% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its shares are 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.