Research analysts at StockNews.com initiated coverage on shares of Whitestone REIT (NYSE:WSR - Get Free Report) in a report issued on Saturday. The firm set a "hold" rating on the real estate investment trust's stock.
Several other equities research analysts have also commented on the stock. JMP Securities reissued a "market outperform" rating and set a $15.00 price objective on shares of Whitestone REIT in a research note on Thursday, September 19th. Truist Financial boosted their price target on Whitestone REIT from $14.00 to $15.00 and gave the stock a "buy" rating in a research report on Tuesday, August 13th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Whitestone REIT currently has a consensus rating of "Moderate Buy" and a consensus price target of $15.00.
Read Our Latest Stock Report on Whitestone REIT
Whitestone REIT Stock Up 0.7 %
Shares of WSR traded up $0.10 on Friday, reaching $14.49. The stock had a trading volume of 192,983 shares, compared to its average volume of 328,203. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.93 and a current ratio of 1.93. Whitestone REIT has a 12-month low of $9.18 and a 12-month high of $14.54. The firm has a market capitalization of $723.92 million, a price-to-earnings ratio of 30.19, a price-to-earnings-growth ratio of 2.32 and a beta of 1.26. The company has a 50-day simple moving average of $13.45 and a 200-day simple moving average of $12.97.
Insider Transactions at Whitestone REIT
In other Whitestone REIT news, Director Julia Bruns Buthman bought 5,000 shares of Whitestone REIT stock in a transaction on Wednesday, September 4th. The stock was acquired at an average price of $12.99 per share, with a total value of $64,950.00. Following the acquisition, the director now owns 8,093 shares in the company, valued at approximately $105,128.07. This trade represents a 100.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 5.50% of the company's stock.
About Whitestone REIT
(
Get Free Report)
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.
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