Whitestone REIT (NYSE:WSR) announced its quarterly earnings data on Thursday. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.27 by ($0.22), Yahoo Finance reports. The firm had revenue of $33.83 million during the quarter, compared to analysts’ expectations of $33.59 million. Whitestone REIT had a return on equity of 2.55% and a net margin of 6.62%.

Shares of Whitestone REIT (WSR) opened at $10.86 on Friday. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.82 and a quick ratio of 0.82. Whitestone REIT has a 52 week low of $10.46 and a 52 week high of $15.15. The stock has a market cap of $477.62, a price-to-earnings ratio of 9.85 and a beta of 0.94.

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 14th. Stockholders of record on Monday, February 5th were paid a $0.095 dividend. The ex-dividend date of this dividend was Friday, February 2nd. This represents a $1.14 dividend on an annualized basis and a dividend yield of 10.50%. Whitestone REIT’s dividend payout ratio (DPR) is presently 542.86%.

A number of brokerages have recently issued reports on WSR. SunTrust Banks cut shares of Whitestone REIT from a “hold” rating to a “sell” rating and set a $10.00 price objective for the company. in a research note on Friday. ValuEngine cut shares of Whitestone REIT from a “buy” rating to a “hold” rating in a research note on Friday. Zacks Investment Research raised shares of Whitestone REIT from a “sell” rating to a “hold” rating in a research note on Thursday, February 15th. Ladenburg Thalmann Financial Services reissued a “hold” rating on shares of Whitestone REIT in a research note on Thursday, November 30th. Finally, B. Riley reissued a “buy” rating and issued a $15.00 price objective on shares of Whitestone REIT in a research note on Tuesday, December 12th. Two research analysts have rated the stock with a sell rating, three have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $13.80.

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About Whitestone REIT

Whitestone REIT is a real estate investment trust. The Company is engaged in owning and operating commercial properties in culturally diverse markets in various metropolitan areas. The Company’s acquisition targets are located in densely populated, culturally diverse neighborhoods, primarily in and around Austin, Chicago, Dallas-Fort Worth, Houston, Phoenix and San Antonio.

Earnings History for Whitestone REIT (NYSE:WSR)

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