Whitestone REIT (NYSE:WSR) Issues Quarterly Earnings Results

Whitestone REIT (NYSE:WSR - Get Free Report) announced its earnings results on Monday. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.17, Zacks reports. Whitestone REIT had a net margin of 13.97% and a return on equity of 4.98%. Whitestone REIT updated its FY 2025 guidance to 1.030-1.070 EPS.

Whitestone REIT Stock Down 0.1 %

Shares of Whitestone REIT stock traded down $0.01 during trading on Monday, hitting $13.57. 263,882 shares of the stock traded hands, compared to its average volume of 265,496. The stock has a market cap of $687.27 million, a P/E ratio of 33.10, a PEG ratio of 2.13 and a beta of 1.26. The company has a fifty day moving average price of $13.59 and a two-hundred day moving average price of $13.81. Whitestone REIT has a twelve month low of $10.77 and a twelve month high of $15.36. The company has a debt-to-equity ratio of 1.49, a quick ratio of 2.17 and a current ratio of 2.17.

Whitestone REIT Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Monday, March 3rd will be paid a dividend of $0.045 per share. This represents a $0.54 dividend on an annualized basis and a dividend yield of 3.98%. The ex-dividend date of this dividend is Monday, March 3rd. Whitestone REIT's dividend payout ratio (DPR) is presently 131.71%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. StockNews.com started coverage on Whitestone REIT in a research note on Monday, February 24th. They issued a "hold" rating for the company. Truist Financial increased their price target on shares of Whitestone REIT from $15.00 to $16.00 and gave the stock a "buy" rating in a research report on Friday, November 29th. Finally, JMP Securities reaffirmed a "market outperform" rating and set a $16.00 price objective on shares of Whitestone REIT in a research report on Tuesday, December 10th.

About Whitestone REIT

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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