Whitestone REIT (NYSE:WSR) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of Whitestone REIT (NYSE:WSRFree Report) in a research report sent to investors on Wednesday. The brokerage issued a hold rating on the real estate investment trust’s stock.

Other research analysts have also recently issued reports about the stock. JMP Securities reissued a “market outperform” rating and set a $16.00 price objective on shares of Whitestone REIT in a research note on Tuesday, December 10th. Truist Financial raised their price objective on shares of Whitestone REIT from $15.00 to $16.00 and gave the stock a “buy” rating in a research note on Friday, November 29th.

Read Our Latest Research Report on Whitestone REIT

Whitestone REIT Trading Up 1.1 %

Shares of Whitestone REIT stock opened at $14.46 on Wednesday. Whitestone REIT has a 12-month low of $10.77 and a 12-month high of $15.36. The company has a current ratio of 2.17, a quick ratio of 2.17 and a debt-to-equity ratio of 1.49. The stock has a market cap of $732.49 million, a PE ratio of 35.28, a price-to-earnings-growth ratio of 2.13 and a beta of 1.29. The company has a 50-day moving average of $13.58 and a two-hundred day moving average of $13.85.

Whitestone REIT Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Monday, June 2nd will be paid a $0.045 dividend. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $0.54 annualized dividend and a yield of 3.73%. Whitestone REIT’s payout ratio is currently 76.06%.

Whitestone REIT Company Profile

(Get Free Report)

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.

Further Reading

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.