Whitestone REIT (NYSE:WSR) Posts Earnings Results, Beats Estimates By $0.15 EPS

Whitestone REIT (NYSE:WSR) released its quarterly earnings data on Wednesday. The real estate investment trust reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.15, Zacks reports. Whitestone REIT had a net margin of 28.16% and a return on equity of 10.10%. The company had revenue of $43.92 million during the quarter, compared to the consensus estimate of $41.27 million. Whitestone REIT updated its FY 2026 guidance to 1.100-1.140 EPS.

Whitestone REIT Stock Performance

NYSE WSR traded up $0.13 on Thursday, hitting $15.33. 190,346 shares of the stock were exchanged, compared to its average volume of 201,760. The company has a market capitalization of $782.14 million, a PE ratio of 18.01 and a beta of 0.81. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.74 and a quick ratio of 1.74. The business’s fifty day moving average is $14.32 and its 200 day moving average is $13.30. Whitestone REIT has a 52 week low of $11.43 and a 52 week high of $15.50.

Whitestone REIT Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 16th will be given a dividend of $0.1425 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $0.57 annualized dividend and a dividend yield of 3.7%. Whitestone REIT’s payout ratio is 63.53%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on WSR shares. Citigroup reissued a “market outperform” rating on shares of Whitestone REIT in a report on Tuesday, January 6th. Cantor Fitzgerald raised Whitestone REIT to a “strong-buy” rating in a research note on Wednesday, February 4th. Truist Financial raised their price objective on shares of Whitestone REIT from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. LADENBURG THALM/SH SH assumed coverage on Whitestone REIT in a research note on Tuesday, January 13th. They issued a “buy” rating and a $17.00 price target for the company. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Whitestone REIT in a research note on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. According to MarketBeat, Whitestone REIT currently has a consensus rating of “Buy” and an average price target of $16.25.

Whitestone REIT declared that its Board of Directors has authorized a share buyback program 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 repurchase up to 7.2% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

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.