Whitestone REIT (NYSE:WSR) Stock Price Passes Above 200 Day Moving Average – Here’s Why

Whitestone REIT (NYSE:WSR)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $15.12 and traded as high as $18.99. Whitestone REIT shares last traded at $18.9850, with a volume of 566,105 shares changing hands.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on WSR shares. Cantor Fitzgerald downgraded Whitestone REIT from a “strong-buy” rating to a “hold” rating in a report on Friday, April 10th. Maxim Group reissued a “hold” rating on shares of Whitestone REIT in a report on Monday, March 2nd. Citizens Jmp downgraded Whitestone REIT from a “market outperform” rating to a “hold” rating in a report on Friday, April 10th. LADENBURG THALM/SH SH downgraded Whitestone REIT from a “buy” rating to a “hold” rating in a report on Thursday, April 9th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Whitestone REIT in a report on Tuesday, April 14th. One research analyst has rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $17.50.

Whitestone REIT Trading Up 0.0%

The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.34 and a current ratio of 1.34. The firm has a market capitalization of $975.64 million, a price-to-earnings ratio of 19.78 and a beta of 0.80. The company has a 50 day moving average price of $17.46 and a two-hundred day moving average price of $15.12.

Whitestone REIT (NYSE:WSR) last announced its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.15. The business had revenue of $43.92 million during the quarter, compared to the consensus estimate of $41.27 million. Whitestone REIT had a return on equity of 11.12% and a net margin of 30.67%.Whitestone REIT has set its FY 2026 guidance at 1.100-1.140 EPS. On average, research analysts forecast that Whitestone REIT will post 1.13 EPS for the current year.

Whitestone REIT Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Wednesday, June 17th will be paid a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Wednesday, June 17th. Whitestone REIT’s dividend payout ratio is presently 59.38%.

About Whitestone REIT

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.