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Whitestone REITNYSE: WSR

Profile

Industry:

Retail

Country:

United States

IPO:

26 August 2010

Next earnings report:

06 March 2025

Last dividends:

04 November 2024

Next dividends:

03 December 2024
$712.60 M
-5%vs. 3y high
38%vs. sector
-34%vs. 3y high
61%vs. sector
-5%vs. 3y high
64%vs. sector
-11%vs. 3y high
52%vs. sector

Price

after hours | Sat, 16 Nov 2024 00:31:30 GMT
$14.07-$0.46(-3.17%)
$38.98 M$38.70 M
$38.98 M$7.62 M

Analysts recommendations

Institutional Ownership

WSR Latest News

How Whitestone REIT is Transforming Sunbelt Retail Growth
marketbeat.com15 November 2024 Sentiment: POSITIVE

Whitestone REIT NYSE: WSR is a real estate investment trust (REIT) with a unique community-centered approach. REITs offer investors a streamlined way to participate in the real estate market without the burdens of direct property ownership, providing potential for dividend income and portfolio diversification.

Whitestone REIT: Weighing Potential Amid Risks
seekingalpha.com15 November 2024 Sentiment: NEUTRAL

Whitestone REIT has delivered over 35% total returns since November 2023, with a current forward yield of 3.44% and a low P/FFO multiple of 14.62x. Looking at WSR stock, I can see a compelling entry point in terms of the valuations relative to other peers such as KIM, REG and FRT. However, diving deeper a bit more, I will also identify some reasons why the discount could be justified.

Whitestone (WSR) Lags Q3 FFO Estimates
zacks.com30 October 2024 Sentiment: NEUTRAL

Whitestone (WSR) came out with quarterly funds from operations (FFO) of $0.25 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to FFO of $0.23 per share a year ago.

Whitestone REIT Reports Third Quarter 2024 Results
globenewswire.com30 October 2024 Sentiment: POSITIVE

HOUSTON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the third quarter of 2024. Whitestone creates neighborhood center communities in its high-quality open-air shopping centers that it acquires, owns, manages, develops, and redevelops primarily in some of the largest, fastest-growing, high-household-income markets in the Sunbelt.

Whitestone: Growth At A Great Price
seekingalpha.com09 September 2024 Sentiment: POSITIVE

Whitestone REIT owns and operates a diversified portfolio of retail properties in major metropolitan areas. The REIT's favorable market dynamics support its positive outlook and potential for growth. WSR's recent performance has been very good, with meaningful projected NOI and core FFO increases for 2024.

Whitestone REIT: Southwest's Growing Pains Will Be Retail Landlords' Growing Gains
seekingalpha.com30 August 2024 Sentiment: POSITIVE

Monitoring demographic trends reveals strong housing demand in the sunbelt, creating opportunities for retail real estate investment. Whitestone REIT is highlighted for its significant exposure to high-growth markets in Texas and Arizona, making it a compelling investment. Whitestone is undervalued compared to peers, with potential for mergers and acquisitions boosting its attractiveness.

Whitestone REIT: Taking Profits Home And Downgrading To Hold
seekingalpha.com02 August 2024 Sentiment: POSITIVE

Since November last year, when I issued a bullish article on WSR, the stock has surged higher, benefiting from favorable court ruling and solid financial performance. Despite strong same store NOI growth and occupancy rates, WSR's leasing spreads and occupancy levels have been declining. WSR continues to also carry a high leverage, which limits its M&A options and its overall growth potential.

Whitestone (WSR) Misses Q2 FFO and Revenue Estimates
zacks.com31 July 2024 Sentiment: NEUTRAL

Whitestone (WSR) came out with quarterly funds from operations (FFO) of $0.24 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to FFO of $0.21 per share a year ago.

Whitestone REIT Reports Second Quarter 2024 Results
globenewswire.com31 July 2024 Sentiment: POSITIVE

HOUSTON, July 31, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the second quarter of 2024. Whitestone creates neighborhood center communities in its high-quality open-air shopping centers that it acquires, owns, manages, develops, and redevelops primarily in some of the largest, fastest-growing, high-household-income markets in the Sunbelt.

Whitestone REIT Declares Third Quarter 2024 Dividend
globenewswire.com10 June 2024 Sentiment: POSITIVE

HOUSTON, June 10, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.04125 per share on the Company's common shares and operating partnership units for the third quarter of 2024. The dividend represents a quarterly amount of $0.12375 per share, and an annualized amount of $0.495 per share.

  • 1(current)

What type of business is Whitestone REIT?

Whitestone REIT (NYSE: WSR) is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country: Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio. Our centers are convenience focused: merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities. The Company believes its strong community connections and deep tenant relationships are key to the success of its current centers and its acquisition strategy.

What sector is Whitestone REIT in?

Whitestone REIT is in the Real Estate sector

What industry is Whitestone REIT in?

Whitestone REIT is in the Retail industry

What country is Whitestone REIT from?

Whitestone REIT is headquartered in United States

When did Whitestone REIT go public?

Whitestone REIT initial public offering (IPO) was on 26 August 2010

What is Whitestone REIT website?

https://www.whitestonereit.com

Is Whitestone REIT in the S&P 500?

No, Whitestone REIT is not included in the S&P 500 index

Is Whitestone REIT in the NASDAQ 100?

No, Whitestone REIT is not included in the NASDAQ 100 index

Is Whitestone REIT in the Dow Jones?

No, Whitestone REIT is not included in the Dow Jones index

When was Whitestone REIT the previous earnings report?

No data

When does Whitestone REIT earnings report?

The next expected earnings date for Whitestone REIT is 06 March 2025