Analysts Set Whitestone REIT (NYSE:WSR) Target Price at $16.80

Shares of Whitestone REIT (NYSE:WSR) have been assigned a consensus rating of “Buy” from the eight research firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, six have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $16.80.

A number of brokerages recently weighed in on WSR. Cantor Fitzgerald raised shares of Whitestone REIT to a “strong-buy” rating in a research note on Wednesday, February 4th. Maxim Group reissued a “hold” rating on shares of Whitestone REIT in a research note on Monday, March 2nd. Truist Financial increased their price target on shares of Whitestone REIT from $16.00 to $17.00 and gave the stock a “buy” rating in a report on Wednesday, March 4th. Citigroup restated a “market outperform” rating on shares of Whitestone REIT in a research report on Tuesday, January 6th. Finally, B. Riley Financial upgraded shares of Whitestone REIT from a “neutral” rating to a “buy” rating and set a $18.00 target price for the company in a research report on Friday, March 6th.

Whitestone REIT Price Performance

Whitestone REIT stock opened at $16.17 on Friday. The stock has a market cap of $830.72 million, a price-to-earnings ratio of 17.02 and a beta of 0.77. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.39. The business has a 50-day simple moving average of $15.32 and a 200 day simple moving average of $13.85. Whitestone REIT has a 52 week low of $11.43 and a 52 week high of $16.62.

Whitestone REIT (NYSE:WSR) last released its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.15. Whitestone REIT had a return on equity of 11.23% and a net margin of 31.04%.The firm had revenue of $43.92 million for the quarter, compared to analysts’ expectations of $41.27 million. Whitestone REIT has set its FY 2026 guidance at 1.100-1.140 EPS. On average, research analysts forecast that Whitestone REIT will post 0.99 earnings per share for the current fiscal year.

Whitestone REIT announced that its board has authorized a share buyback plan on Friday, December 19th that permits the company to buyback $50.00 million in outstanding shares. This buyback authorization permits the real estate investment trust to reacquire up to 7.2% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

About Whitestone REIT

Whitestone REIT is a real estate investment trust headquartered in San Antonio, Texas, that specializes in the acquisition, development and management of retail and mixed-use properties. The company’s portfolio is concentrated in high-growth Texas markets, including the Dallas–Fort Worth metroplex, Houston, Austin and San Antonio, where it primarily owns open-air neighborhood and community shopping centers. Whitestone REIT focuses on convenience- and necessity-based retail, partnering with grocers, fitness operators, service providers and other essential tenants to drive consistent foot traffic and stable occupancy.

In addition to property ownership, Whitestone REIT provides asset and property management services, leasing expertise and development capabilities.