Whitestone REIT (NYSE:WSR) Reaches New 1-Year High – Still a Buy?

Whitestone REIT (NYSE:WSR) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $19.01 and last traded at $19.0050, with a volume of 52885 shares changing hands. The stock had previously closed at $18.99.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Citizens Jmp downgraded Whitestone REIT from a “market outperform” rating to a “hold” rating in a report on Friday, April 10th. Truist Financial downgraded Whitestone REIT from a “buy” rating to a “hold” rating and increased their price target for the company from $17.00 to $19.00 in a report on Thursday, April 9th. Maxim Group reaffirmed a “hold” rating on shares of Whitestone REIT in a report on Monday, March 2nd. LADENBURG THALM/SH SH lowered shares of Whitestone REIT from a “buy” rating to a “hold” rating in a report on Thursday, April 9th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Whitestone REIT in a report on Tuesday, April 14th. One equities research analyst has rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $17.50.

Whitestone REIT Stock Up 0.0%

The firm has a 50 day moving average price of $17.61 and a two-hundred day moving average price of $15.21. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 1.39. The company has a market capitalization of $976.15 million, a price-to-earnings ratio of 19.79 and a beta of 0.80.

Whitestone REIT (NYSE:WSR) last announced its 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 11.12% and a net margin of 30.67%.The company had revenue of $43.92 million during the quarter, compared to the consensus estimate of $41.27 million. Whitestone REIT has set its FY 2026 guidance at 1.100-1.140 EPS. As a group, sell-side analysts expect that Whitestone REIT will post 1.13 earnings per share for the current year.

Whitestone REIT Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Wednesday, June 17th will be given a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Wednesday, June 17th. Whitestone REIT’s dividend payout ratio (DPR) is presently 59.38%.

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.