Whitestone REIT (NYSE:WSR) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Whitestone REIT (NYSE:WSRGet Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $15.12 and traded as high as $18.99. Whitestone REIT shares last traded at $18.9850, with a volume of 566,105 shares trading hands.

Analyst Ratings Changes

WSR has been the topic of a number of recent research reports. Citizens Jmp lowered shares of Whitestone REIT from a “market outperform” rating to a “hold” rating in a research note on Friday, April 10th. Maxim Group restated a “hold” rating on shares of Whitestone REIT in a research note on Monday, March 2nd. B. Riley Financial lowered shares of Whitestone REIT from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Alliance Global Partners cut shares of Whitestone REIT from a “buy” rating to a “hold” rating in a research note on Thursday, April 9th. Finally, Truist Financial cut shares of Whitestone REIT from a “buy” rating to a “hold” rating and boosted their price objective for the company from $17.00 to $19.00 in a research note on Thursday, April 9th. One equities research analyst has rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $17.50.

Check Out Our Latest Stock Report on Whitestone REIT

Whitestone REIT Stock Down 0.0%

The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 1.39. The company has a market capitalization of $975.64 million, a price-to-earnings ratio of 19.78 and a beta of 0.80. The firm’s 50 day simple moving average is $17.61 and its 200-day simple moving average is $15.19.

Whitestone REIT (NYSE:WSRGet Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.15. Whitestone REIT had a return on equity of 11.12% and a net margin of 30.67%.The firm had revenue of $43.92 million for the quarter, compared to analyst estimates of $41.27 million. 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 EPS for the current fiscal year.

Whitestone REIT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Wednesday, June 17th will be issued a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Wednesday, June 17th. Whitestone REIT’s dividend payout ratio is currently 59.38%.

Whitestone REIT Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Whitestone REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whitestone REIT and related companies with MarketBeat.com's FREE daily email newsletter.