StockNews.com began coverage on shares of Whitestone REIT (NYSE:WSR - Free Report) in a research report report published on Sunday. The firm issued a hold rating on the real estate investment trust's stock.
Other analysts have also recently issued research reports about the stock. Truist Financial boosted their target price on shares of Whitestone REIT from $15.00 to $16.00 and gave the stock a "buy" rating in a research note on Friday, November 29th. JMP Securities reissued a "market outperform" rating and issued a $16.00 target price on shares of Whitestone REIT in a research note on Tuesday, December 10th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $15.67.
View Our Latest Research Report on Whitestone REIT
Whitestone REIT Stock Performance
Shares of WSR stock traded up $0.01 on Friday, hitting $14.26. The company had a trading volume of 729,708 shares, compared to its average volume of 314,579. The company has a quick ratio of 2.17, a current ratio of 2.17 and a debt-to-equity ratio of 1.49. Whitestone REIT has a twelve month low of $10.77 and a twelve month high of $15.36. The company has a 50-day moving average price of $14.42 and a 200-day moving average price of $13.75. The firm has a market cap of $722.21 million, a P/E ratio of 34.78, a price-to-earnings-growth ratio of 2.46 and a beta of 1.26.
Whitestone REIT Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Tuesday, March 11th. Investors of record on Monday, March 3rd will be given a $0.045 dividend. The ex-dividend date is Monday, March 3rd. This represents a $0.54 dividend on an annualized basis and a dividend yield of 3.79%. Whitestone REIT's dividend payout ratio (DPR) is presently 131.71%.
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.
Recommended Stories
Before you consider Whitestone REIT, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Whitestone REIT wasn't on the list.
While Whitestone REIT currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
