Shares of Whitestone REIT (NYSE:WSR – Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $15.49 and traded as high as $18.99. Whitestone REIT shares last traded at $18.9650, with a volume of 755,846 shares traded.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on WSR shares. Colliers Securities set a $19.00 price target on shares of Whitestone REIT in a research report on Friday, April 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Whitestone REIT in a research report on Tuesday, April 14th. Cantor Fitzgerald lowered shares of Whitestone REIT from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 10th. B. Riley Financial lowered shares of Whitestone REIT from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Finally, LADENBURG THALM/SH SH lowered shares of Whitestone REIT from a “buy” rating to a “hold” rating in a research note on Thursday, April 9th. One investment analyst has rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $17.50.
View Our Latest Report on Whitestone REIT
Whitestone REIT Trading Down 0.1%
Whitestone REIT (NYSE:WSR – Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.15. The firm had revenue of $43.92 million for the quarter, compared to analyst estimates of $41.27 million. Whitestone REIT had a net margin of 30.67% and a return on equity of 11.12%. Whitestone REIT has set its FY 2026 guidance at 1.100-1.140 EPS. Equities analysts anticipate that Whitestone REIT will post 1.13 EPS for the current year.
Whitestone REIT Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Wednesday, June 17th will be paid a $0.1425 dividend. The ex-dividend date is Wednesday, June 17th. This represents a $0.57 annualized dividend and a dividend yield of 3.0%. Whitestone REIT’s dividend payout ratio (DPR) is presently 59.38%.
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.
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