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 $13.82 and traded as high as $14.09. Whitestone REIT shares last traded at $13.80, with a volume of 224,273 shares trading hands.
Wall Street Analyst Weigh In
WSR has been the subject of several research analyst reports. JMP Securities reissued a "market outperform" rating and issued a $16.00 price objective on shares of Whitestone REIT in a research note on Tuesday, December 10th. 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, StockNews.com initiated coverage on shares of Whitestone REIT in a research report on Tuesday. They set a "hold" rating on the stock. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $15.67.
View Our Latest Research Report on WSR
Whitestone REIT Price Performance
The company has a market capitalization of $692.33 million, a PE ratio of 33.34, a P/E/G ratio of 2.46 and a beta of 1.27. The company has a debt-to-equity ratio of 1.49, a quick ratio of 2.17 and a current ratio of 2.17. The stock has a 50 day moving average price of $14.37 and a two-hundred day moving average price of $13.83.
Whitestone REIT Dividend Announcement
The firm 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. The ex-dividend date is Monday, March 3rd. This represents a $0.54 annualized dividend and a dividend yield of 3.95%. Whitestone REIT's dividend payout ratio (DPR) is 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.
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