Whitestone REIT (NYSE:WSR) Hits New 52-Week High – Should You Buy?

Whitestone REIT (NYSE:WSR) reached a new 52-week high on Thursday . The stock traded as high as $18.96 and last traded at $18.9550, with a volume of 227893 shares changing hands. The stock had previously closed at $18.94.

Analyst Ratings Changes

Several equities analysts have recently weighed in on WSR shares. Cantor Fitzgerald downgraded Whitestone REIT from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 10th. Citigroup cut Whitestone REIT from a “market outperform” rating to a “market perform” rating in a report on Friday, April 10th. Citizens Jmp downgraded Whitestone REIT from a “market outperform” rating to a “hold” rating in a research report on Friday, April 10th. LADENBURG THALM/SH SH downgraded Whitestone REIT from a “buy” rating to a “hold” rating in a research report on Thursday, April 9th. Finally, Truist Financial downgraded Whitestone REIT from a “buy” rating to a “hold” rating and lifted their price objective for the stock from $17.00 to $19.00 in a research report on Thursday, April 9th. One analyst has rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, Whitestone REIT presently has a consensus rating of “Hold” and a consensus price target of $17.50.

Whitestone REIT Stock Performance

The stock has a market cap of $965.32 million, a PE ratio of 19.96 and a beta of 0.71. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.39. The stock has a 50-day moving average of $16.46 and a 200 day moving average of $14.45.

Whitestone REIT (NYSE:WSR) last announced its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.15. Whitestone REIT had a return on equity of 11.23% and a net margin of 31.04%.The firm had revenue of $43.92 million for the quarter, compared to the consensus estimate of $41.27 million. Whitestone REIT has set its FY 2026 guidance at 1.100-1.140 EPS. Equities analysts predict that Whitestone REIT will post 1.13 EPS for the current fiscal year.

Whitestone REIT Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Wednesday, June 17th will be paid a dividend of $0.1425 per share. The ex-dividend date of this dividend is Wednesday, June 17th. This represents a $0.57 annualized dividend and a yield of 3.0%. Whitestone REIT’s dividend payout ratio (DPR) is 60.00%.

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.