Whitestone REIT (WSR) Stock Price, News & Analysis

Company Overview

Whitestone REIT (NYSE: WSR) is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country: Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio. Our centers are convenience focused: merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities. The Company believes its strong community connections and deep tenant relationships are key to the success of its current centers and its acquisition strategy.

Key Stats

• Today's Range: $14.66 to $14.76
• 50-Day Range: $13.11 to $14.66
• 52-Week Range: $10.77 to $14.80
• Volume: 201,912 shs
• Average Volume: 249,497 shs
• Market Capitalization: $746.07 million
• P/E Ratio: 35.93
• Dividend Yield: 3.39%
• Price Target: $15.00
• Consensus Rating: Moderate Buy

Whitestone REIT Stock Analysis - MarketRank™

Whitestone REIT scored higher than 67% of companies evaluated by MarketBeat, and ranked 436th out of 922 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Whitestone REIT has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Whitestone REIT has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 6.93%

Earnings Growth

Earnings for Whitestone REIT are expected to grow by 6.93% in the coming year, from $1.01 to $1.08 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Whitestone REIT is 35.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.87.

Price to Earnings Ratio vs. Sector

The P/E ratio of Whitestone REIT is 35.93, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 40.45.

Price to Earnings Growth Ratio

Whitestone REIT has a PEG Ratio of 2.42. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Whitestone REIT has a P/B Ratio of 1.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.81% of the outstanding shares of Whitestone REIT have been sold short.

Short Interest Ratio / Days to Cover

Whitestone REIT has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Whitestone REIT has recently decreased by 7.27%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Whitestone REIT pays a meaningful dividend of 3.38%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Whitestone REIT does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Whitestone REIT is 121.95%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Whitestone REIT will have a dividend payout ratio of 46.30% next year. This indicates that Whitestone REIT will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.81% of the outstanding shares of Whitestone REIT have been sold short.

Short Interest Ratio / Days to Cover

Whitestone REIT has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Whitestone REIT has recently decreased by 7.27%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.26

News Sentiment

Whitestone REIT has a news sentiment score of 0.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.82 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Whitestone REIT this week, compared to 3 articles on an average week.

Search Interest

5 people have searched for WSR on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.

MarketBeat Follows

5 people have added Whitestone REIT to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Whitestone REIT insiders have bought more of their company's stock than they have sold. Specifically, they have bought $64,950.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 5.50% of the stock of Whitestone REIT is held by insiders.

Percentage Held by Institutions

69.51% of the stock of Whitestone REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WSR Stock Analysis - Frequently Asked Questions

How have WSR shares performed this year?

Whitestone REIT's stock was trading at $12.29 at the beginning of the year. Since then, WSR stock has increased by 19.9% and is now trading at $14.73.
View the best growth stocks for 2024 here.

How were Whitestone REIT's earnings last quarter?

Whitestone REIT (NYSE:WSR) released its earnings results on Wednesday, May, 1st. The real estate investment trust reported $0.18 EPS for the quarter, missing analysts' consensus estimates of $0.24 by $0.06. The real estate investment trust earned $37.16 million during the quarter, compared to the consensus estimate of $38 million. Whitestone REIT had a trailing twelve-month return on equity of 4.98% and a net margin of 13.97%.

How do I buy shares of Whitestone REIT?

Shares of WSR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Whitestone REIT own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Whitestone REIT investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and Exxon Mobil (XOM).

Company Calendar

• Last Earnings: 5/01/2024
• Ex-Dividend for 11/14 Dividend: 11/04/2024
• Dividend Payable: 11/14/2024
• Today: 11/22/2024
• Ex-Dividend for 12/12 Dividend: 12/03/2024
• Dividend Payable: 12/12/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/05/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Diversified REITs
• Current Symbol: NYSE:WSR
• CUSIP: 96608420
• CIK: 1175535
• Web: www.whitestonereit.com
• Phone: (713) 827-9595
• Fax: 713-465-8847
• Employees: 76
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $15.00
• High Stock Price Target: $15.00
• Low Stock Price Target: $15.00
• Potential Upside/Downside: +1.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.41
• Trailing P/E Ratio: 35.93
• Forward P/E Ratio: 14.58
• P/E Growth: 2.41
• Net Income: $19.18 million
• Net Margins: 13.97%
• Pretax Margin: 14.45%
• Return on Equity: 4.98%
• Return on Assets: 1.88%

Debt

• Debt-to-Equity Ratio: 1.49
• Current Ratio: 2.17
• Quick Ratio: 2.17

Sales & Book Value

• Annual Sales: $146.97 million
• Price / Sales: 5.08
• Cash Flow: $1.09 per share
• Price / Cash Flow: 13.57
• Book Value: $8.39 per share
• Price / Book: 1.76

Miscellaneous

• Outstanding Shares: 50,650,000
• Free Float: 47,860,000
• Market Cap: $746.07 million
• Optionable: Optionable
• Beta: 1.26