Whitestone REIT (WSR) to Release Earnings on Wednesday

Whitestone REIT (NYSE:WSR) is anticipated to announce its Q1 2025 earnings results after the market closes on Wednesday, April 30th. Analysts expect Whitestone REIT to post earnings of $0.24 per share and revenue of $38.95 million for the quarter.

Whitestone REIT Stock Performance

Shares of WSR opened at $13.26 on Wednesday. The firm’s fifty day simple moving average is $13.73 and its two-hundred day simple moving average is $13.95. Whitestone REIT has a 12 month low of $11.23 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 capitalization of $674.87 million, a P/E ratio of 32.34, a price-to-earnings-growth ratio of 2.13 and a beta of 0.89.

Whitestone REIT Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, June 12th. Stockholders 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 dividend yield of 4.07%. Whitestone REIT’s dividend payout ratio is currently 76.06%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. StockNews.com initiated coverage on shares of Whitestone REIT in a research note on Monday. They set a “hold” rating for the company. Truist Financial upped their target price on shares of Whitestone REIT from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Tuesday, March 18th.

About 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.