Whitestone REIT (NYSE:WSR – Get Free Report) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totaling 517,505 shares, a decline of 20.5% from the March 31st total of 650,628 shares. Based on an average daily volume of 1,104,703 shares, the short-interest ratio is currently 0.5 days. Approximately 1.1% of the shares of the stock are sold short.
Analyst Ratings Changes
A number of equities research analysts have weighed in on WSR shares. Cantor Fitzgerald downgraded Whitestone REIT from a “strong-buy” rating to a “hold” rating in a report on Friday, April 10th. Weiss Ratings reissued a “buy (b)” rating on shares of Whitestone REIT in a report on Tuesday, April 14th. B. Riley Financial downgraded Whitestone REIT from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Truist Financial lowered Whitestone REIT from a “buy” rating to a “hold” rating and raised their price objective for the company from $17.00 to $19.00 in a research note on Thursday, April 9th. Finally, Colliers Securities set a $19.00 target price on Whitestone REIT in a research note on Friday, April 10th. One investment analyst has rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $17.50.
Read Our Latest Research Report on WSR
Whitestone REIT Price Performance
Whitestone REIT (NYSE:WSR – Get Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.15. The company had revenue of $43.92 million during the quarter, compared to analysts’ expectations of $41.27 million. Whitestone REIT had a return on equity of 11.23% and a net margin of 31.04%.Whitestone REIT has set its FY 2026 guidance at 1.100-1.140 EPS. On average, sell-side analysts anticipate that Whitestone REIT will post 1.13 earnings per share for the current fiscal year.
Whitestone REIT Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Wednesday, June 17th will be given a dividend of $0.1425 per share. The ex-dividend date is Wednesday, June 17th. This represents a $0.57 annualized dividend and a yield of 3.0%. Whitestone REIT’s dividend payout ratio (DPR) is currently 60.00%.
Whitestone REIT Company Profile
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.
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