Whitestone REIT (NYSE:WSR) will be releasing its earnings data after the market closes on Thursday, March 1st. Analysts expect Whitestone REIT to post earnings of $0.08 per share for the quarter.
Shares of Whitestone REIT (NYSE:WSR) opened at $12.12 on Thursday. The stock has a market cap of $466.46, a P/E ratio of 67.33 and a beta of 0.92. Whitestone REIT has a 52 week low of $10.80 and a 52 week high of $15.15. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 1.87.
The business also recently declared a monthly dividend, which was paid on Wednesday, February 14th. Stockholders of record on Monday, February 5th were paid a $0.095 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 9.41%. The ex-dividend date of this dividend was Friday, February 2nd. Whitestone REIT’s dividend payout ratio (DPR) is 633.33%.
A number of research firms have recently issued reports on WSR. Zacks Investment Research downgraded shares of Whitestone REIT from a “hold” rating to a “sell” rating in a research note on Wednesday, November 15th. B. Riley reissued a “buy” rating and issued a $15.00 price target on shares of Whitestone REIT in a research note on Tuesday, December 12th. SunTrust Banks set a $13.00 price target on shares of Whitestone REIT and gave the company a “hold” rating in a research note on Monday, January 22nd. Finally, Ladenburg Thalmann Financial Services reissued a “hold” rating on shares of Whitestone REIT in a research note on Thursday, November 30th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Whitestone REIT has a consensus rating of “Buy” and an average price target of $14.40.
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Whitestone REIT Company Profile
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.
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