Whitestone REIT（WSR）株式概要ホワイトストーン・リート投資法人（Whitestone REIT）は、米国で最も急成長している市場に立地する、オープンエアの商業施設を買収、所有、運営、開発する、地域中心の不動産投資信託（REIT）である：フェニックス、オースティン、ダラス・フォートワース、ヒューストン、サンアントニオ。 詳細WSR ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長0/6過去の実績4/6財務の健全性2/6配当金3/6報酬当社が推定した公正価値より13.3%で取引されている 過去1年間で収益は61.2%増加しました 同業他社や業界と比較して、良好な取引価格 リスク分析今後3年間の収益は年平均18.2%減少すると予測されている。 利払いは収益で十分にカバーされない 過去3か月間に大規模なインサイダー売却が発生 財務結果に影響を与える大きな一時的項目 +1 さらなるリスクすべてのリスクチェックを見るWSR Community Fair Values Create NarrativeSee what 10 others think this stock is worth. Follow their fair value or set your own to get alerts.Analyst Price TargetsAN0.2% undervaluedAnalystConsensusTarget•14d agoHigh-growth Sunbelt Markets Will Drive Retail Evolution Despite Elevated Risks8909Top Analyst NarrativesWhitestone REITANAnalystConsensusTargetBased on Analyst Price TargetsHigh-growth Sunbelt Markets Will Drive Retail Evolution Despite Elevated RisksWhitestone REIT leans into fast-growing Sunbelt cities and open-air shopping centers built around everyday services, a mix that could keep stores full and rents rising. But its big bet on a few regions, heavy debt, and growing competition could quickly turn those same strengths into pressure if local demand cools.View narrativeUS$19FV0.2% 割安 内在価値ディスカウント4.50%Revenue growth p.a.Set Fair ValueView89users have viewed this narrative0users have liked this narrative0users have commented on this narrative9users have followed this narrative14 days ago author updated this narrativeView all narrativesWhitestone REIT 競合他社Saul CentersSymbol: NYSE:BFSMarket cap: US$1.3bCIM GroupSymbol: OTCPK:CMRFMarket cap: US$938.5mAlexander'sSymbol: NYSE:ALXMarket cap: US$1.4bCBL & Associates PropertiesSymbol: NYSE:CBLMarket cap: US$1.6b価格と性能株価の高値、安値、推移の概要Whitestone REIT過去の株価現在の株価US$18.9752週高値US$19.1052週安値US$11.43ベータ0.781ヶ月の変化-0.47%3ヶ月変化11.98%1年変化50.32%3年間の変化91.42%5年間の変化138.02%IPOからの変化64.96%最新ニュースライブニュース • Jul 03Whitestone REIT Set for S&P SmallCap 600 Removal on Pending Ares Management AcquisitionWhitestone REIT is set to be removed from the S&P SmallCap 600 index before the market opens on 14 July 2026, as the company is pending acquisition by Ares Management Corp., which is expected to close on or around that date. The index exit marks a major change in ownership and market status for Whitestone REIT, and Centrus Energy Corp. will replace the stock in the S&P SmallCap 600 once the transaction is effective. Whitestone REIT shares trade at $18.98, with the stock up 37.4% year to date, which reflects how the market has priced the company ahead of the anticipated deal completion. This kind of acquisition and index removal typically leads to a shift in the shareholder base, with index funds likely exiting and merger-focused or yield-focused investors paying closer attention to deal timing and final terms.ナラティブの更新 • Jun 23WSR: Takeover Price And Downgrade Wave Will Shape Future Return ProfileWhitestone REIT's analyst price target has edged down, with recent cuts from multiple firms leaving the consensus view slightly softer as analysts factor in updated discount rate assumptions and modest tweaks to projected margins and valuation multiples. Analyst Commentary Recent Street research on Whitestone REIT has tilted cautious, with several firms moving to downgrade ratings as they reassess risk, return expectations, and the sensitivity of valuation to updated discount rate assumptions.Upcoming Dividend • Jun 10Upcoming dividend of US$0.14 per shareEligible shareholders must have bought the stock before 17 June 2026. Payment date: 29 June 2026. Trailing yield: 3.0%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (4.4%).ナラティブの更新 • Jun 05WSR: Takeover Deal And Downgrades Will Shape Future Fair Value OutcomeWhitestone REIT's analyst price target has been adjusted to $19.00 as analysts react to a cluster of recent downgrades and slightly recalibrated assumptions around growth, margins and future P/E expectations. Analyst Commentary Recent research has come through in a tight window, with several firms shifting to more cautious views on Whitestone REIT on the back of updated assumptions for growth, margins and future P/E expectations.Reported Earnings • May 07First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: US$0.081 (up from US$0.073 in 1Q 2025). Revenue: US$41.4m (up 8.9% from 1Q 2025). Net income: US$4.14m (up 12% from 1Q 2025). Profit margin: 10.0% (in line with 1Q 2025). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.ナラティブの更新 • Apr 27WSR: Takeover Deal And Proxy Disputes Will Shape Future Fair Value OutcomeWhitestone REIT's fair value estimate has been adjusted from $18 to $19.00 as analysts factor in recent price target moves, a higher assumed future P/E, and the mixed signal from both upgrades tied to potential takeover interest and a wave of subsequent downgrades citing limited upside around the $15.20 cash offer and proxy overhang. Analyst Commentary Recent research on Whitestone REIT has shifted quickly from optimism around potential takeover scenarios to caution regarding how much upside remains relative to the current cash bid and ongoing proxy issues.最新情報をもっと見るRecent updatesライブニュース • Jul 03Whitestone REIT Set for S&P SmallCap 600 Removal on Pending Ares Management AcquisitionWhitestone REIT is set to be removed from the S&P SmallCap 600 index before the market opens on 14 July 2026, as the company is pending acquisition by Ares Management Corp., which is expected to close on or around that date. The index exit marks a major change in ownership and market status for Whitestone REIT, and Centrus Energy Corp. will replace the stock in the S&P SmallCap 600 once the transaction is effective. Whitestone REIT shares trade at $18.98, with the stock up 37.4% year to date, which reflects how the market has priced the company ahead of the anticipated deal completion. This kind of acquisition and index removal typically leads to a shift in the shareholder base, with index funds likely exiting and merger-focused or yield-focused investors paying closer attention to deal timing and final terms.ナラティブの更新 • Jun 23WSR: Takeover Price And Downgrade Wave Will Shape Future Return ProfileWhitestone REIT's analyst price target has edged down, with recent cuts from multiple firms leaving the consensus view slightly softer as analysts factor in updated discount rate assumptions and modest tweaks to projected margins and valuation multiples. Analyst Commentary Recent Street research on Whitestone REIT has tilted cautious, with several firms moving to downgrade ratings as they reassess risk, return expectations, and the sensitivity of valuation to updated discount rate assumptions.Upcoming Dividend • Jun 10Upcoming dividend of US$0.14 per shareEligible shareholders must have bought the stock before 17 June 2026. Payment date: 29 June 2026. Trailing yield: 3.0%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (4.4%).ナラティブの更新 • Jun 05WSR: Takeover Deal And Downgrades Will Shape Future Fair Value OutcomeWhitestone REIT's analyst price target has been adjusted to $19.00 as analysts react to a cluster of recent downgrades and slightly recalibrated assumptions around growth, margins and future P/E expectations. Analyst Commentary Recent research has come through in a tight window, with several firms shifting to more cautious views on Whitestone REIT on the back of updated assumptions for growth, margins and future P/E expectations.Reported Earnings • May 07First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: US$0.081 (up from US$0.073 in 1Q 2025). Revenue: US$41.4m (up 8.9% from 1Q 2025). Net income: US$4.14m (up 12% from 1Q 2025). Profit margin: 10.0% (in line with 1Q 2025). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.ナラティブの更新 • Apr 27WSR: Takeover Deal And Proxy Disputes Will Shape Future Fair Value OutcomeWhitestone REIT's fair value estimate has been adjusted from $18 to $19.00 as analysts factor in recent price target moves, a higher assumed future P/E, and the mixed signal from both upgrades tied to potential takeover interest and a wave of subsequent downgrades citing limited upside around the $15.20 cash offer and proxy overhang. Analyst Commentary Recent research on Whitestone REIT has shifted quickly from optimism around potential takeover scenarios to caution regarding how much upside remains relative to the current cash bid and ongoing proxy issues.Price Target Changed • Apr 12Price target increased by 7.7% to US$18.57Up from US$17.25, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of US$18.90. The company is forecast to post earnings per share of US$0.39 for next year compared to US$0.98 last year.ナラティブの更新 • Apr 11WSR: Takeover Deal And Proxy Disputes Will Shape Fair OutcomeNarrative Update The analyst price target for Whitestone REIT has been revised from $17.25 to $18.00. Analysts attribute this change to updated fair value work that incorporates recent takeover interest and prior Street target moves, while also acknowledging a series of more cautious rating changes across the sector.お知らせ • Apr 10Ares Real Estate Management Holdings, LLC entered into a definitive merger agreement to acquire Whitestone REIT (NYSE:WSR) for approximately $1 billion.Ares Real Estate Management Holdings, LLC entered into a definitive merger agreement to acquire Whitestone REIT (NYSE:WSR) for approximately $1 billion on April 8, 2026. Pursuant to the terms and conditions in the Merger Agreement, each each common share of beneficial interest of Whitestone REIT will be automatically cancelled and converted into the right to receive an amount in cash equal to $19.00 (the “Merger Consideration”), without interest. Furthermore, each outstanding OP unit of partnership interest of Whitestone REIT Operating Partnership, L.P. will be converted into, and will be cancelled in exchange for, the right to receive an amount in cash equal to the Merger Consideration. Equity and debt financing commitments will be used to fund the transaction where Citigroup Global Markets Inc. has committed to provide debt financing under the debt commitment letter. In case of termination of transaction, Ares Real Estate Management Holdings, LLC will pay a termination fee of $77 million and Whitestone REIT will pay a termination fee of $36 million. Upon completion of the transaction, Whitestone will become a private company and shares of Whitestone’s common stock will be de-registered under the Securities Exchange Act of 1934, as amended, and no longer trade on the NYSE. The transaction, which was unanimously approved by the Whitestone Board of Trustees, is expected to close in the third quarter of 2026, subject to customary closing conditions, including approval by the Whitestone REIT’s shareholders. Additionally, Ares shall have received a tax opinion of Bass, Berry & Sims PLC that Whitestone REIT has been organized and operated in conformity with the requirements for qualification and taxation as a REIT under the Code. BofA Securities, Inc. acted as financial advisor and as fairness opinion provider for Whitestone REIT. Jones Lang LaSalle Securities, LLC acted as financial advisor and Richard Mattern, Scott Bell, and Tyler Huseman of Bass, Berry & Sims PLC acted as legal advisor for Whitestone REIT. Michelle Kelban, Jonathan Benloulou, Emily Lichtenheld, and Daniel Elizo of Kirkland & Ellis LLP acted as legal advisor for Ares. Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC acted as financial advisors for Ares.お知らせ • Apr 09Whitestone Reit Declares Quarterly Cash Dividend for the Second Quarter of 2026, Payable on June 29, 2026Whitestone REIT announced that its Board of Trustees has declared a quarterly cash dividend of $0.1425 per share on the Company's common shares and operating partnership units for the second quarter of 2026. The payable date is June 29, 2026 and record date is June 17, 2026.Seeking Alpha • Apr 07Whitestone REIT: Acquisition Buzz Keeps It Elevated While Risks Are Rising (Downgrade)Summary Whitestone REIT (WSR) is downgraded to Hold as shares trade above intrinsic value amid rising macro risks thanks to Blackstone's acquisition offer. WSR delivered solid Core FFO growth, with 2026 guidance implying a 6.67% YoY increase and continued portfolio strength in Sun Belt markets. Acquisition offers from Blackstone/TPG and MCB highlight strategic interest in their shopping centers, but rejection could trigger downside as arbitrage demand would flee. Geopolitical risks, inflationary pressures, and relatively low dividend yield make the risk-reward unattractive at current levels. Read the full article on Seeking Alphaナラティブの更新 • Mar 28WSR: Takeover Bids And Proxy Fights Will Shape Fair OutlookWhitestone REIT's analyst price target is updated to $17.25, with analysts pointing to higher published targets from several firms and heightened takeover interest as key factors supporting this revision. Analyst Commentary Bullish Takeaways Bullish analysts are anchoring their targets in the US$17 to US$18 range, which is above the US$15.20 cash takeover offer.ナラティブの更新 • Mar 14WSR: Takeover Interest And Proxy Fights Will Shape Fair OutlookThe analyst fair value estimate for Whitestone REIT has been raised from $15.78 to $17.25. This reflects higher Street price targets around $17 to $18 and analysts' updated assumptions following recent takeover interest and revised revenue and expense forecasts.Buy Or Sell Opportunity • Mar 12Now 20% undervaluedOver the last 90 days, the stock has risen 20% to US$16.25. The fair value is estimated to be US$20.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has grown by 8.2%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are forecast to decline by 19% per annum over the same time period.Upcoming Dividend • Mar 09Upcoming dividend of US$0.14 per shareEligible shareholders must have bought the stock before 16 March 2026. Payment date: 30 March 2026. Trailing yield: 3.6%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (4.5%).Price Target Changed • Mar 06Price target increased by 10% to US$17.00Up from US$15.44, the current price target is an average from 8 analysts. New target price is 6.5% above last closing price of US$15.96. The company is forecast to post earnings per share of US$0.39 for next year compared to US$0.98 last year.Major Estimate Revision • Mar 04Consensus EPS estimates fall by 20%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from US$166.8m to US$169.6m. EPS estimate fell from US$0.482 to US$0.385 per share. Net income forecast to shrink 60% next year vs 12% decline forecast for Retail REITs industry in the US. Consensus price target up from US$15.44 to US$16.38. Share price was steady at US$15.13 over the past week.ナラティブの更新 • Feb 28WSR: Fair Outlook Will Hinge On Activist Pressure And Buyback ExecutionAnalysts have raised their Whitestone REIT price target by about $0.85 to reflect updated views on fair value, discount rate, revenue growth, profit margins, and a lower future P/E, supported by recent positive coverage and target increases from Wall Street. Analyst Commentary Bullish Takeaways Bullish analysts highlight the recent initiation with a positive view as support for the updated fair value framework, suggesting that the current price target move is aligned with where they see the shares trading on a normalized P/E.Reported Earnings • Feb 26Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: US$0.98 (up from US$0.73 in FY 2024). Revenue: US$160.9m (up 4.3% from FY 2024). Net income: US$49.9m (up 35% from FY 2024). Profit margin: 31% (up from 24% in FY 2024). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 48%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 26Whitestone REIT Provides Earnings Guidance for the Year 2026Whitestone REIT provided earnings guidance for the year 2026. For the period, the company expects net income attributable to the company to be in the range of $20,580,000 to $22,730,000, net income attributable to the company per share to be in the range of $0.38 to $0.43; Same store net operating income growth of 3.0% to 4.75%.お知らせ • Jan 27Whitestone REIT to Report Q4, 2025 Results on Feb 25, 2026Whitestone REIT announced that they will report Q4, 2025 results After-Market on Feb 25, 2026お知らせ • Jan 09MCB Real Estate Sends Letter to the Board of Trustees of Whitestone REITOn January 7, 2026, MCB Real Estate sent a letter to the Board of Trustees of Whitestone REIT regarding its previously announced proposal to acquire all outstanding shares of Whitestone REIT for $15.20 per share in cash, with no financing contingency. MCB Real Estate stated that more than a year has passed since the Board rejected its prior acquisition proposal, yet the Company has not made meaningful progress toward closing its significant value gap or addressing its material underperformance relative to peers. MCB Real Estate remains resolute that a sale of the Company is the best and only way to maximize value, and that the incumbent board members must take action now or be removed. Accordingly, it remains committed to voting against all incumbent Company directors at the next annual meeting of shareholders. MCB Real Estate urges each member of the Company’s Board to uphold their fiduciary duty to all shareholders by authorizing engagement with MCB Real Estate or initiating a public strategic alternatives process.お知らせ • Dec 22Whitestone REIT (NYSE:WSR) announces an Equity Buyback for $50 million worth of its shares.Whitestone REIT (NYSE:WSR) announces a share repurchase program. Under the program, the company will repurchase up to $50 million worth of its shares. The program will be valid till May 20, 2028.Declared Dividend • Dec 22Dividend of US$0.14 announcedShareholders will receive a dividend of US$0.14. Ex-date: 16th March 2026 Payment date: 30th March 2026 Dividend yield will be 4.0%, which is lower than the industry average of 5.2%.お知らせ • Dec 19Whitestone Reit Declares Quarterly Cash Dividend for the First Quarter of 2026, Payable on March 30, 2026Whitestone REIT announced that its Board of Trustees has declared a quarterly cash dividend of $0.1425 per share on the Company's common shares and operating partnership units for the first quarter of 2026. The new dividend represents a 5.6% increase over the previous quarterly dividend amount. The first quarter dividend distribution for 2026 will be as detailed below: In March, the record date is March 16, 2026, and the payment date is March 30, 2026, with a distribution per share/unit of 0.1425.Major Estimate Revision • Nov 19Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from US$0.568 to US$0.638. Revenue forecast steady at US$158.0m. Net income forecast to shrink 39% next year vs 3.2% decline forecast for Retail REITs industry in the US. Consensus price target broadly unchanged at US$15.00. Share price was steady at US$13.12 over the past week.Buy Or Sell Opportunity • Nov 17Now 20% undervaluedOver the last 90 days, the stock has risen 6.2% to US$13.16. The fair value is estimated to be US$16.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 6.5%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are forecast to decline by 12% per annum over the same time period.Declared Dividend • Nov 14Dividend of US$0.045 announcedShareholders will receive a dividend of US$0.045. Ex-date: 1st December 2025 Payment date: 11th December 2025 Dividend yield will be 4.0%, which is lower than the industry average of 5.2%.お知らせ • Nov 05MCB PR Capital LLC made a proposal to acquire remaining 90.81% stake in Whitestone REIT (NYSE:WSR) for approximately $704 million.MCB PR Capital LLC made a proposal to acquire remaining 90.81% stake in Whitestone REIT (NYSE:WSR) for approximately $704 million on November 4, 2025. MCB made an all cash offer to acquire all of the outstanding common shares of Whitestone, at a price of $15.2 per share, backed by fully committed equity and debt financing supported by a highly confident letter from Wells Fargo. MCB, holding 9.2% of Whitestone's common shares, aims to acquire all outstanding shares. The transaction is subject to target shareholder approval and the initiation of a public strategic alternatives process by Whitestone's Board. Vinson & Elkins LLP acted as legal advisor for MCB PR Capital LLC. Wells Fargo Securities, LLC acted as financial advisor for Whitestone REIT.Reported Earnings • Oct 31Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: FFO per share: US$0.3 (down from US$0.26 in 3Q 2024). Revenue: US$41.0m (up 6.3% from 3Q 2024). Funds from operations (FFO): US$12.9m (flat on 3Q 2024). FFO margin: 31% (down from 34% in 3Q 2024). Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year.お知らせ • Oct 30Whitestone REIT Revises Earnings Guidance for the Fiscal Year 2025Whitestone REIT revised earnings guidance for the fiscal year 2025. For the year, the company expects Net income attributable to Whitestone REIT of $30,913,000 to $33,023,000 compared to previous guidance of $17,135,000 to $19,219,000. Net income attributable to Whitestone REIT per share of $0.59 to $0.63 compared to previous guidance of $0.33 to $0.37. Same store net operating income growth of 3.5% to 4.5% compared to previous guidance of 3% to 4.5%.お知らせ • Oct 23Whitestone REIT Appoints Felice Terrigno as Houston Division DirectorWhitestone REIT announced the strategic expansion of its best-in-class leasing team with the appointment of Felice Terrigno as Houston Division Director. Terrigno will oversee the leasing strategy for Whitestone’s Houston portfolio, which currently consists of more than 10 open-air, institutional-quality shopping centers. He will report to Whitestone’s President and COO Christine Mastandrea. Terrigno joins Whitestone after spending the past seven years at Houston-based SDI Realty Advisors where he learned to maximize the value and occupancy of retail shopping centers by securing the right tenants, negotiating leases, and shaping the tenant mix to strengthen the property’s long-term performance. His proven ability to attract national and regional tenants, foster long-term relationships, and align leasing initiatives with market trends will play a key role in expanding Whitestone’s portfolio value. Terrigno earned his undergraduate degree at the United States Military Academy with a focus on Business Administration and a minor in Nuclear Engineering. He played varsity football and graduated in 2007 as a Second Lieutenant Artillery Officer. After promoting to Captain, Terrigno joined Special Forces where he served as a Team Leader with 20Special Forces Group (Airborne). In 2018, Terrigno graduated from the Jesse H. Jones Graduate School of Business at Rice University where he enhanced his institutional knowledge of Finance and found his passion for commercial real estate.Declared Dividend • Oct 10Dividend of US$0.045 announcedShareholders will receive a dividend of US$0.045. Ex-date: 3rd November 2025 Payment date: 13th November 2025 Dividend yield will be 4.7%, which is lower than the industry average of 5.2%.お知らせ • Oct 08Whitestone REIT to Report Q3, 2025 Results on Oct 29, 2025Whitestone REIT announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 29, 2025Upcoming Dividend • Sep 26Upcoming dividend of US$0.045 per shareEligible shareholders must have bought the stock before 01 October 2025. Payment date: 09 October 2025. Trailing yield: 4.3%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (4.8%).お知らせ • Sep 17Whitestone REIT has filed a Follow-on Equity Offering in the amount of $100 million.Whitestone REIT has filed a Follow-on Equity Offering in the amount of $100 million. Security Name: Common Shares Security Type: Common Stock Transaction Features: At the Market OfferingDeclared Dividend • Sep 12Dividend of US$0.045 announcedShareholders will receive a dividend of US$0.045. Ex-date: 1st October 2025 Payment date: 9th October 2025 Dividend yield will be 4.1%, which is lower than the industry average of 5.2%.お知らせ • Aug 28Whitestone REIT Declares Monthly Cash Dividend for the Fourth Quarter of 2025, Payable on October 9, 2025, November 13, 2025, December 11, 2025Whitestone REIT announced that its Board of Trustees has declared a monthly (Month: October, November and December) cash dividend of $0.045 per share on the Company's common shares and operating partnership units for the fourth quarter of 2025. The dividend represents a quarterly amount of $0.135 per share, and an annualized amount of $0.54 per share. The fourth quarter dividend distribution for 2025 will be as detailed below: Record dates are October 1, 2025, November 3, 2025, December 1, 2025. Payment dates are October 9, 2025, November 13, 2025, December 11, 2025.Upcoming Dividend • Aug 27Upcoming dividend of US$0.045 per shareEligible shareholders must have bought the stock before 02 September 2025. Payment date: 11 September 2025. Trailing yield: 4.2%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (4.9%).Declared Dividend • Aug 13Dividend of US$0.045 announcedShareholders will receive a dividend of US$0.045. Ex-date: 2nd September 2025 Payment date: 11th September 2025 Dividend yield will be 4.3%, which is lower than the industry average of 5.2%.Reported Earnings • Jul 31Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: US$0.099 (up from US$0.052 in 2Q 2024). Revenue: US$37.9m (flat on 2Q 2024). Net income: US$5.05m (up 95% from 2Q 2024). Profit margin: 13% (up from 6.9% in 2Q 2024). Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 20%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year and the company’s share price has also increased by 5% per year.お知らせ • Jul 31Whitestone REIT Updates Earnings Guidance for the Full Year 2025Whitestone REIT updated earnings guidance for the full year 2025. For the year, the company expects net income attributable to Whitestone REIT to be in the range of $17,135,000 to $19,219,000 against the previous guidance of $17,135,000 - $19,219,000. Net income attributable to Whitestone REIT per share will be within the range of $0.33 to $0.37 against the previous guidance of $0.33 - $0.37.Upcoming Dividend • Jul 25Upcoming dividend of US$0.045 per shareEligible shareholders must have bought the stock before 01 August 2025. Payment date: 12 August 2025. Trailing yield: 4.3%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (5.0%).Declared Dividend • Jul 11Dividend of US$0.045 announcedShareholders will receive a dividend of US$0.045. Ex-date: 1st August 2025 Payment date: 12th August 2025 Dividend yield will be 4.1%, which is lower than the industry average of 5.2%.お知らせ • Jul 02Whitestone REIT to Report Q2, 2025 Results on Jul 30, 2025Whitestone REIT announced that they will report Q2, 2025 results at 4:00 PM, US Eastern Standard Time on Jul 30, 2025お知らせ • Jun 30Whitestone REIT(NYSE:WSR) dropped from Russell 2000 Dynamic IndexWhitestone REIT(NYSE:WSR) dropped from Russell 2000 Dynamic IndexUpcoming Dividend • Jun 27Upcoming dividend of US$0.045 per shareEligible shareholders must have bought the stock before 01 July 2025. Payment date: 10 July 2025. Trailing yield: 4.3%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (5.1%).お知らせ • Jun 18Whitestone REIT (NYSE:WSR) acquired 5000 South Hulen in Fort Worth, Texas.Whitestone REIT (NYSE:WSR) acquired 5000 South Hulen in Fort Worth, Texas on June 17, 2025. Whitestone REIT (NYSE:WSR) completed the acquisition of 5000 South Hulen in Fort Worth, Texas on June 17, 2025.New Risk • Jun 17New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings are forecast to decline by an average of 3.1% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Declared Dividend • Jun 13Dividend of US$0.045 announcedShareholders will receive a dividend of US$0.045. Ex-date: 1st July 2025 Payment date: 10th July 2025 Dividend yield will be 4.2%, which is lower than the industry average of 5.2%.お知らせ • Jun 10Whitestone REIT Declares Monthly Dividend for July, August and September 2025, Payable on July 10, 2025, August 12, 2025, September 11, 2025Whitestone REIT announced that its Board of Trustees has declared a monthly cash dividend of $0.045 per share on the Company's common shares and operating partnership units for the third quarter of 2025. The dividend represents a quarterly amount of $0.135 per share, and an annualized amount of $0.54 per share. The third quarter dividend distribution for 2025 will be as detailed below: Record dates are July 1, 2025, August 1, 2025, September 2, 2025. Payment dates are July 10, 2025, August 12, 2025, September 11, 2025.Upcoming Dividend • May 28Upcoming dividend of US$0.045 per shareEligible shareholders must have bought the stock before 02 June 2025. Payment date: 12 June 2025. Trailing yield: 4.4%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (5.1%).Declared Dividend • May 14Dividend of US$0.045 announcedShareholders will receive a dividend of US$0.045. Ex-date: 2nd June 2025 Payment date: 12th June 2025 Dividend yield will be 4.2%, which is lower than the industry average of 5.2%.Price Target Changed • May 12Price target decreased by 7.4% to US$15.08Down from US$16.29, the current price target is an average from 6 analysts. New target price is 18% above last closing price of US$12.73. The company is forecast to post earnings per share of US$0.37 for next year compared to US$0.73 last year.Recent Insider Transactions • May 08Trustee & Independent Director recently bought US$192k worth of stockOn the 2nd of May, Donald Miller bought around 15k shares on-market at roughly US$12.80 per share. This transaction increased Donald's direct individual holding by 9x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$28m more in shares than they have sold in the last 12 months.Reported Earnings • May 01First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: FFO per share: US$0.3 (up from US$0.24 in 1Q 2024). Revenue: US$38.0m (up 2.3% from 1Q 2024). Funds from operations (FFO): US$13.1m (up 11% from 1Q 2024). FFO margin: 35% (up from 32% in 1Q 2024). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • May 01+ 1 more updateWhitestone REIT Declares Cash Distribution for the Second Quarter of 2025, Payable in April, May, and June of 2025Whitestone REIT declared a quarterly cash distribution of $0.135 per common share and OP unit for the second quarter of 2025, to be paid in three equal installments of $0.045 in April, May, and June of 2025.Upcoming Dividend • Apr 25Upcoming dividend of US$0.045 per shareEligible shareholders must have bought the stock before 01 May 2025. Payment date: 13 May 2025. Trailing yield: 4.1%. Lower than top quartile of American dividend payers (4.9%). Lower than average of industry peers (5.1%).Seeking Alpha • Apr 16Whitestone REIT: Undervalued Gem With Double-Digit Rent SpreadsSummary Whitestone REIT focuses on high-growth Sunbelt markets and small shops, offering high margins, pricing power, and robust lease spreads. WSR has demonstrated strong fundamentals, including double-digit FFO/share growth, consistent occupancy, and proactive leasing, driving impressive lease spreads and NOI growth. Redevelopment initiatives provide upside potential, while WSR's improving balance sheet and well-covered monthly dividend enhance its attractiveness. With a guided long-term FFO/share growth of 5-7%, WSR is positioned for strong total returns, making it a compelling opportunity for value and growth investors. Read the full article on Seeking AlphaDeclared Dividend • Apr 11Dividend of US$0.045 announcedShareholders will receive a dividend of US$0.045. Ex-date: 1st May 2025 Payment date: 13th May 2025 Dividend yield will be 4.0%, which is lower than the industry average of 5.2%.お知らせ • Apr 07Whitestone REIT, Annual General Meeting, May 15, 2025Whitestone REIT, Annual General Meeting, May 15, 2025.お知らせ • Apr 01Whitestone REIT to Report Q1, 2025 Results on Apr 30, 2025Whitestone REIT announced that they will report Q1, 2025 results After-Market on Apr 30, 2025Upcoming Dividend • Mar 26Upcoming dividend of US$0.045 per shareEligible shareholders must have bought the stock before 01 April 2025. Payment date: 10 April 2025. Trailing yield: 3.7%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (5.0%).Declared Dividend • Mar 12Dividend of US$0.045 announcedShareholders will receive a dividend of US$0.045. Ex-date: 1st April 2025 Payment date: 10th April 2025 Dividend yield will be 3.6%, which is lower than the industry average of 5.2%.Major Estimate Revision • Mar 10Consensus EPS estimates fall by 17%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from US$157.6m to US$159.3m. EPS estimate fell from US$0.473 to US$0.39 per share. Net income forecast to shrink 46% next year vs 2.9% growth forecast for Retail REITs industry in the US . Consensus price target broadly unchanged at US$16.29. Share price rose 5.0% to US$14.26 over the past week.お知らせ • Mar 06Whitestone REIT Declares Cash Distribution for the First Quarter of 2025, Payable in January, February, and March of 2025Whitestone REIT declared a quarterly cash distribution of $0.135 per common share and OP unit for the first quarter of 2025, to be paid in three equal installments of $0.045 in January, February, and March of 2025.Reported Earnings • Mar 04Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: FFO per share: US$1.0 (up from US$0.92 in FY 2023). Revenue: US$154.3m (up 7.2% from FY 2023). Funds from operations (FFO): US$50.7m (up 12% from FY 2023). FFO margin: 33% (up from 32% in FY 2023). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 48%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 04Whitestone REIT Provides Earnings Guidance for the Year 2025Whitestone REIT provided earnings guidance for the year 2025. For the period, the company expects net income attributable to Whitestone REIT to be in the range of $17,135,000 to $19,219,000. The Company estimates net income available to common shareholders will be within the range of $0.33 to $0.37 per diluted share.Board Change • Feb 18High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Trustee Jeff Jones is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Seeking Alpha • Jan 30Whitestone REIT: Sunbelt Powerhouse Poised For Potential Market-Beating ReturnsSummary Whitestone REIT owns high-quality open-air retail centers in fast-growing Sunbelt markets, achieving strong leasing spreads and consistent NOI growth. WSR's remerchandising and asset recycling initiatives are enhancing portfolio quality, driving robust Core FFO/share growth, and improving financial flexibility. The improved balance sheet, with a declining leverage ratio and well-covered 4% dividend yield, supports further deleveraging and growth. Read the full article on Seeking Alphaお知らせ • Jan 17Whitestone REIT to Report Q4, 2024 Results on Mar 03, 2025Whitestone REIT announced that they will report Q4, 2024 results After-Market on Mar 03, 2025Seeking Alpha • Dec 23Whitestone REIT: Retail Has Finally Right SizedSummary Whitestone REIT's COO Christine Mastandrea emphasizes the resilience of retail, focusing on smaller format centers that prioritize services and convenience. Geographic trends show a demographic shift towards Southern states, with Whitestone strategically investing in Texas and Arizona due to pro-growth policies and university expansions. Key metrics for Whitestone include sales per square foot, customer stickiness, and net operating income, ensuring profitable growth and value for shareholders. Read the full article on Seeking Alphaお知らせ • Nov 19MCB Real Estate Provides Information to Shareholders of Whitestone REITOn November 18, 2024, MCB Real Estate delivered to the Board a letter notifying Whitestone REIT’s Board that MCB Real Estate was withdrawing the revised proposal, effective immediately. In the letter, MCB Real Estate informed the Board that it will continue to consider all options available to MCB Real Estate and other shareholders of the Company to ensure that the Board upholds its responsibilities.お知らせ • Nov 18MCB PR Capital LLC cancelled the acquisition to acquire remaining 90.6% stake in Whitestone REIT (NYSE:WSR).MCB PR Capital LLC made a proposal to acquire remaining 90.6% stake in Whitestone REIT (NYSE:WSR) for approximately $680 million on June 3, 2024. MCB made an all cash offer to acquire all of the outstanding common shares of Whitestone, at a price of $14 per share. MCB expect to fund the acquisition with a combination of equity and debt. MCB currently owns 4,690,000 of the Company’s common shares, representing approximately 9.4% of Whitestone's outstanding common shares. Equity for this transaction is fully committed from discretionary capital managed by MCB. With respect to the debt portion of the acquisition, MCB received a Highly Confident Letter from Wells Fargo with respect to the debt financing needed to complete the transaction. As of June 10, 2024, Whitestone Board of Trustees declines the offer. The Board believes that MCB indicated offer price does not represent a fair valuation and strongly believes that current management has a clear strategy and compelling pathway for creating long-term shareholder value significantly greater than the amount offered. On October 9, 2024, MCB PR Capital increased the value of its proposal to acquire the Whitestone REIT in an all-cash transaction. Under the terms of the revised proposal, Whitestone shareholders would receive $15 per share in cash. As of October 30, 2024, the Whitestone Board of Trustees has unanimously determined to reject indication of interest and does not believe it reflects an appropriate valuation to enter into discussions toward a negotiated transaction. MCB expect the transaction’s definitive agreements to contain terms customary for a public REIT go-private transaction, including a customary condition to closing related to obtaining the approval of the Company’s shareholders. The Proposal is non-binding and subject to confirmatory diligence, as well as the execution of definitive transaction agreements. MCB has engaged Vinson & Elkins L.L.P. as lead counsel in connection with this transaction. Wells Fargo Securities, LLC acted as financial advisor to MCB. MCB PR Capital LLC cancelled the acquisition to acquire remaining 90.6% stake in Whitestone REIT (NYSE:WSR) on November 18, 2024.Declared Dividend • Nov 15Dividend of US$0.041 announcedShareholders will receive a dividend of US$0.041. Ex-date: 3rd December 2024 Payment date: 12th December 2024 Dividend yield will be 3.4%, which is lower than the industry average of 5.2%.Seeking Alpha • Nov 15Whitestone REIT: Weighing Potential Amid RisksSummary Whitestone REIT has delivered over 35% total returns since November 2023, with a current forward yield of 3.44% and a low P/FFO multiple of 14.62x. Looking at WSR stock, I can see a compelling entry point in terms of the valuations relative to other peers such as KIM, REG and FRT. However, diving deeper a bit more, I will also identify some reasons why the discount could be justified. I recommend holding WSR for diversification, given the sector's recent rally. Read the full article on Seeking Alphaお知らせ • Nov 06Whitestone REIT Announces Changes in Board of TrusteesWhitestone REIT announced the appointments of Kristian (“Krissy”) M. Gathright and Donald (“Don”) A. Miller, CFA, to the Board of Trustees, effective immediately. Ms. Gathright currently serves as a Board member of Apple Hospitality REIT that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. During a span of over 20 years, she served in various roles at the company, including operations, strategic decision-making, raising capital and investor relations. In addition to her extensive operational and strategic contributions at Apple REIT, Ms. Gathright was instrumental in the company’s 2015 listing on the NYSE and its ownership transition from retail to institutional shareholders. She was serving as Apple REIT’s Executive Vice President and Chief Operating Officer prior to her retirement in 2020. Ms. Gathright has also served on the Board of Trustees for Spirit Realty, a net lease REIT. Ms. Gathright’s real estate operational expertise, B2C knowledge and Board experience will be highly complementary to Whitestone’s Board. Mr. Miller served as President and Chief Executive Officer for Piedmont Office Realty Trust for over a decade, including overseeing its initial public offering in 2010. Under his leadership, Piedmont recycled approximately $2.2 billion in assets and executed a consistent strategy focused on aggregating high-quality assets in targeted markets – a strategy that was reflected in Piedmont’s top-quartile ranking of stock performance relative to its peer group during the last three years prior to Mr. Miller’s retirement in 2019. Prior to his time at Piedmont, Mr. Miller was the head of real estate activities at Wells Real Estate Funds, where he was responsible for directing all aspects of acquisitions, asset management, dispositions, leasing property management and construction. He currently serves on the Board of Directors for three privately held organizations with significant real estate investments: Pacolet Milliken Enterprises, Watkins Associated Industries, and The Feil Organization. Mr. Miller’s multi-decade real estate leadership, Board expertise, and Sun Belt experience will be a significant enhancement to Whitestone’s Board of Trustees. Ms. Gathright will serve as a member of the Audit and Nominating and Corporate Governance Committees and Mr. Miller will serve as a member of the Compensation and Nominating and Corporate Governance Committees. In connection with these two appointments and as previously announced, Nandita V. Berry and David F. Taylor will step down from the Board effective immediately. The Whitestone Board will continue to comprise six trustees, five of whom are independent.Reported Earnings • Nov 01Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: FFO per share: US$0.3 (up from US$0.24 in 3Q 2023). Revenue: US$38.6m (up 5.0% from 3Q 2023). Funds from operations (FFO): US$13.0m (up 11% from 3Q 2023). FFO margin: 34% (up from 32% in 3Q 2023). Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 80%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 12% per year.Upcoming Dividend • Oct 28Upcoming dividend of US$0.041 per shareEligible shareholders must have bought the stock before 04 November 2024. Payment date: 14 November 2024. Trailing yield: 3.5%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (4.6%).Declared Dividend • Oct 11Dividend of US$0.041 announcedShareholders will receive a dividend of US$0.041. Ex-date: 4th November 2024 Payment date: 14th November 2024 Dividend yield will be 3.5%, which is lower than the industry average of 5.2%.Seeking Alpha • Oct 11Whitestone Buyout Offer Undervalues Its AssetsSummary MCB Real Estate's $15 per share buyout offer for Whitestone REIT is too low, with WSR's fair value estimated closer to $17 per share. The hostile takeover attempt by MCB could spark competing bids from other REITs or private equity, given improved market conditions and lower interest rates. Whitestone REIT's standalone prospects are favorable, with strong leasing, rising occupancy, and healthy NOI growth, making a buyout less necessary. Investing in WSR now offers potential upside from either a higher bid or continued growth, despite typical shopping center risks and slightly higher leverage. Read the full article on Seeking AlphaDeclared Dividend • Oct 03Dividend of US$0.041 announcedShareholders will receive a dividend of US$0.041. Ex-date: 4th November 2024 Payment date: 14th November 2024 Dividend yield will be 3.7%, which is lower than the industry average of 5.2%.お知らせ • Oct 02Whitestone REIT to Report Q3, 2024 Results on Oct 30, 2024Whitestone REIT announced that they will report Q3, 2024 results After-Market on Oct 30, 2024Upcoming Dividend • Sep 25Upcoming dividend of US$0.041 per shareEligible shareholders must have bought the stock before 02 October 2024. Payment date: 10 October 2024. Trailing yield: 3.7%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (4.6%).新しいナラティブ • Sep 24Revitalizing Real Estate Through Critical Leasing And Re-merchandising Spurs Earnings Surge Strong leasing spreads and improvement in same-store NOI highlight robust demand, operational efficiency, and potential for revenue and profit margin growth.Declared Dividend • Sep 10Dividend of US$0.041 announcedShareholders will receive a dividend of US$0.041. Ex-date: 2nd October 2024 Payment date: 10th October 2024 Dividend yield will be 3.8%, which is lower than the industry average of 5.2%.Seeking Alpha • Sep 09Whitestone: Growth At A Great PriceSummary Whitestone REIT owns and operates a diversified portfolio of retail properties in major metropolitan areas. The REIT's favorable market dynamics support its positive outlook and potential for growth. WSR's recent performance has been very good, with meaningful projected NOI and core FFO increases for 2024. Most importantly, the shares are trading at a discount to NAV, and this is one of the cheapest retail REITs on an FFO-multiple basis. Read the full article on Seeking AlphaSeeking Alpha • Aug 30Whitestone REIT: Southwest's Growing Pains Will Be Retail Landlords' Growing GainsSummary Monitoring demographic trends reveals strong housing demand in the sunbelt, creating opportunities for retail real estate investment. Whitestone REIT is highlighted for its significant exposure to high-growth markets in Texas and Arizona, making it a compelling investment. Whitestone is undervalued compared to peers, with potential for mergers and acquisitions boosting its attractiveness. Lower interest rates could further enhance REIT valuations, making Whitestone a prime acquisition target in thriving markets. Read the full article on Seeking Alphaお知らせ • Aug 03Whitestone REIT Revises Earnings Guidance for the Second Quarter and Full Year 2024Whitestone REIT revised earnings guidance for the full year 2024. For the period, the company expects Net income attributable to Whitestone REIT to be in the range of $21,368,000 to $24,368,000 against previous guidance of $16,600,000 to $19,600,000. Net income attributable to Whitestone REIT per share is expected to be in the range of $0.41 to $0.47 against previous guidance of $0.32 - $0.38.Seeking Alpha • Aug 02Whitestone REIT: Taking Profits Home And Downgrading To HoldSummary Since November last year, when I issued a bullish article on WSR, the stock has surged higher, benefiting from favorable court ruling and solid financial performance. Despite strong same store NOI growth and occupancy rates, WSR's leasing spreads and occupancy levels have been declining. WSR continues to also carry a high leverage, which limits its M&A options and its overall growth potential. On top of this, WSR's multiple has now bounced back to the pre-pandemic level, when the interest rate dynamics were entirely different. As a result of this, I am downgrading WSR from buy to hold. Read the full article on Seeking Alphaお知らせ • Jul 11Whitestone REIT to Report Q2, 2024 Results on Jul 31, 2024Whitestone REIT announced that they will report Q2, 2024 results After-Market on Jul 31, 2024Seeking Alpha • Jul 08Whitestone REIT: Monthly-Paying Growth REIT With A 3.7% YieldSummary Whitestone REIT offers long-term growth prospects with positive leasing spreads and potential for organic growth and acquisitions. The trust has a low payout ratio, growing dividend, and attractive valuation, making it a compelling investment for passive income investors. Whitestone REIT's concentrated portfolio in strong markets like Texas and Arizona, along with favorable market dynamics, indicates potential for sustained rental growth and outperformance. Read the full article on Seeking AlphaRecent Insider Transactions • Jun 13Independent Chair of the Board recently bought US$223k worth of stockOn the 11th of June, Amy Feng bought around 17k shares on-market at roughly US$13.09 per share. This transaction amounted to 72% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth US$28m. Amy has been a buyer over the last 12 months, purchasing a net total of US$302k worth in shares.Declared Dividend • Jun 13Dividend of US$0.041 announcedShareholders will receive a dividend of US$0.041. Ex-date: 5th July 2024 Payment date: 11th July 2024 Dividend yield will be 3.6%, which is lower than the industry average of 5.2%.Board Change • Jun 05High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Trustee Jeff Jones is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.株主還元WSRUS Retail REITsUS 市場7D0.05%-1.2%0.8%1Y50.3%22.5%20.2%株主還元を見る業界別リターン: WSR過去 1 年間で22.5 % の収益を上げたUS Retail REITs業界を上回りました。リターン対市場: WSR過去 1 年間で20.2 % の収益を上げたUS市場を上回りました。価格変動Is WSR's price volatile compared to industry and market?WSR volatilityWSR Average Weekly Movement3.4%Retail REITs Industry Average Movement2.9%Market Average Movement7.3%10% most volatile stocks in US Market16.7%10% least volatile stocks in US Market3.2%安定した株価: WSR 、 US市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: WSRの 週次ボラティリティ ( 3% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト199870Dave Holemanwww.whitestonereit.comホワイトストーン・リート投資法人（Whitestone REIT）は、米国で最も急成長している市場に立地する、オープンエアの商業施設を買収、所有、運営、開発する、地域中心の不動産投資信託（REIT）である：フェニックス、オースティン、ダラス・フォートワース、ヒューストン、サンアントニオ。当社のセンターは利便性に重点を置いており、食品（レストランや食料品店）、セルフケア（健康やフィットネス）、サービス（金融や物流）、教育、娯楽などを提供するサービス志向のテナントが混在している。当社は、地域社会との強いつながりとテナントとの深い関係が、現在のセンターの成功と買収戦略の鍵であると考えている。ホワイトストーン・リートは1998年に米国メリーランド州で設立された。もっと見るWhitestone REIT 基礎のまとめWhitestone REIT の収益と売上を時価総額と比較するとどうか。WSR 基礎統計学時価総額US$986.97m収益（TTM）US$50.37m売上高(TTM)US$164.24m19.4xPER（株価収益率5.9xP/SレシオWSR は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計WSR 損益計算書（TTM）収益US$164.24m売上原価US$51.36m売上総利益US$112.88mその他の費用US$62.52m収益US$50.37m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）0.98グロス・マージン68.73%純利益率30.67%有利子負債／自己資本比率139.5%WSR の長期的なパフォーマンスは？過去の実績と比較を見る配当金3.0%現在の配当利回り50%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/07 02:34終値2026/07/07 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Whitestone REIT 7 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。14 アナリスト機関Gaurav MehtaAlliance Global PartnersRichard MilliganBairdPaul AdornatoBMO Capital Markets Equity Research11 その他のアナリストを表示
ライブニュース • Jul 03Whitestone REIT Set for S&P SmallCap 600 Removal on Pending Ares Management AcquisitionWhitestone REIT is set to be removed from the S&P SmallCap 600 index before the market opens on 14 July 2026, as the company is pending acquisition by Ares Management Corp., which is expected to close on or around that date. The index exit marks a major change in ownership and market status for Whitestone REIT, and Centrus Energy Corp. will replace the stock in the S&P SmallCap 600 once the transaction is effective. Whitestone REIT shares trade at $18.98, with the stock up 37.4% year to date, which reflects how the market has priced the company ahead of the anticipated deal completion. This kind of acquisition and index removal typically leads to a shift in the shareholder base, with index funds likely exiting and merger-focused or yield-focused investors paying closer attention to deal timing and final terms.
ナラティブの更新 • Jun 23WSR: Takeover Price And Downgrade Wave Will Shape Future Return ProfileWhitestone REIT's analyst price target has edged down, with recent cuts from multiple firms leaving the consensus view slightly softer as analysts factor in updated discount rate assumptions and modest tweaks to projected margins and valuation multiples. Analyst Commentary Recent Street research on Whitestone REIT has tilted cautious, with several firms moving to downgrade ratings as they reassess risk, return expectations, and the sensitivity of valuation to updated discount rate assumptions.
Upcoming Dividend • Jun 10Upcoming dividend of US$0.14 per shareEligible shareholders must have bought the stock before 17 June 2026. Payment date: 29 June 2026. Trailing yield: 3.0%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (4.4%).
ナラティブの更新 • Jun 05WSR: Takeover Deal And Downgrades Will Shape Future Fair Value OutcomeWhitestone REIT's analyst price target has been adjusted to $19.00 as analysts react to a cluster of recent downgrades and slightly recalibrated assumptions around growth, margins and future P/E expectations. Analyst Commentary Recent research has come through in a tight window, with several firms shifting to more cautious views on Whitestone REIT on the back of updated assumptions for growth, margins and future P/E expectations.
Reported Earnings • May 07First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: US$0.081 (up from US$0.073 in 1Q 2025). Revenue: US$41.4m (up 8.9% from 1Q 2025). Net income: US$4.14m (up 12% from 1Q 2025). Profit margin: 10.0% (in line with 1Q 2025). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
ナラティブの更新 • Apr 27WSR: Takeover Deal And Proxy Disputes Will Shape Future Fair Value OutcomeWhitestone REIT's fair value estimate has been adjusted from $18 to $19.00 as analysts factor in recent price target moves, a higher assumed future P/E, and the mixed signal from both upgrades tied to potential takeover interest and a wave of subsequent downgrades citing limited upside around the $15.20 cash offer and proxy overhang. Analyst Commentary Recent research on Whitestone REIT has shifted quickly from optimism around potential takeover scenarios to caution regarding how much upside remains relative to the current cash bid and ongoing proxy issues.
ライブニュース • Jul 03Whitestone REIT Set for S&P SmallCap 600 Removal on Pending Ares Management AcquisitionWhitestone REIT is set to be removed from the S&P SmallCap 600 index before the market opens on 14 July 2026, as the company is pending acquisition by Ares Management Corp., which is expected to close on or around that date. The index exit marks a major change in ownership and market status for Whitestone REIT, and Centrus Energy Corp. will replace the stock in the S&P SmallCap 600 once the transaction is effective. Whitestone REIT shares trade at $18.98, with the stock up 37.4% year to date, which reflects how the market has priced the company ahead of the anticipated deal completion. This kind of acquisition and index removal typically leads to a shift in the shareholder base, with index funds likely exiting and merger-focused or yield-focused investors paying closer attention to deal timing and final terms.
ナラティブの更新 • Jun 23WSR: Takeover Price And Downgrade Wave Will Shape Future Return ProfileWhitestone REIT's analyst price target has edged down, with recent cuts from multiple firms leaving the consensus view slightly softer as analysts factor in updated discount rate assumptions and modest tweaks to projected margins and valuation multiples. Analyst Commentary Recent Street research on Whitestone REIT has tilted cautious, with several firms moving to downgrade ratings as they reassess risk, return expectations, and the sensitivity of valuation to updated discount rate assumptions.
Upcoming Dividend • Jun 10Upcoming dividend of US$0.14 per shareEligible shareholders must have bought the stock before 17 June 2026. Payment date: 29 June 2026. Trailing yield: 3.0%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (4.4%).
ナラティブの更新 • Jun 05WSR: Takeover Deal And Downgrades Will Shape Future Fair Value OutcomeWhitestone REIT's analyst price target has been adjusted to $19.00 as analysts react to a cluster of recent downgrades and slightly recalibrated assumptions around growth, margins and future P/E expectations. Analyst Commentary Recent research has come through in a tight window, with several firms shifting to more cautious views on Whitestone REIT on the back of updated assumptions for growth, margins and future P/E expectations.
Reported Earnings • May 07First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: US$0.081 (up from US$0.073 in 1Q 2025). Revenue: US$41.4m (up 8.9% from 1Q 2025). Net income: US$4.14m (up 12% from 1Q 2025). Profit margin: 10.0% (in line with 1Q 2025). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
ナラティブの更新 • Apr 27WSR: Takeover Deal And Proxy Disputes Will Shape Future Fair Value OutcomeWhitestone REIT's fair value estimate has been adjusted from $18 to $19.00 as analysts factor in recent price target moves, a higher assumed future P/E, and the mixed signal from both upgrades tied to potential takeover interest and a wave of subsequent downgrades citing limited upside around the $15.20 cash offer and proxy overhang. Analyst Commentary Recent research on Whitestone REIT has shifted quickly from optimism around potential takeover scenarios to caution regarding how much upside remains relative to the current cash bid and ongoing proxy issues.
Price Target Changed • Apr 12Price target increased by 7.7% to US$18.57Up from US$17.25, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of US$18.90. The company is forecast to post earnings per share of US$0.39 for next year compared to US$0.98 last year.
ナラティブの更新 • Apr 11WSR: Takeover Deal And Proxy Disputes Will Shape Fair OutcomeNarrative Update The analyst price target for Whitestone REIT has been revised from $17.25 to $18.00. Analysts attribute this change to updated fair value work that incorporates recent takeover interest and prior Street target moves, while also acknowledging a series of more cautious rating changes across the sector.
お知らせ • Apr 10Ares Real Estate Management Holdings, LLC entered into a definitive merger agreement to acquire Whitestone REIT (NYSE:WSR) for approximately $1 billion.Ares Real Estate Management Holdings, LLC entered into a definitive merger agreement to acquire Whitestone REIT (NYSE:WSR) for approximately $1 billion on April 8, 2026. Pursuant to the terms and conditions in the Merger Agreement, each each common share of beneficial interest of Whitestone REIT will be automatically cancelled and converted into the right to receive an amount in cash equal to $19.00 (the “Merger Consideration”), without interest. Furthermore, each outstanding OP unit of partnership interest of Whitestone REIT Operating Partnership, L.P. will be converted into, and will be cancelled in exchange for, the right to receive an amount in cash equal to the Merger Consideration. Equity and debt financing commitments will be used to fund the transaction where Citigroup Global Markets Inc. has committed to provide debt financing under the debt commitment letter. In case of termination of transaction, Ares Real Estate Management Holdings, LLC will pay a termination fee of $77 million and Whitestone REIT will pay a termination fee of $36 million. Upon completion of the transaction, Whitestone will become a private company and shares of Whitestone’s common stock will be de-registered under the Securities Exchange Act of 1934, as amended, and no longer trade on the NYSE. The transaction, which was unanimously approved by the Whitestone Board of Trustees, is expected to close in the third quarter of 2026, subject to customary closing conditions, including approval by the Whitestone REIT’s shareholders. Additionally, Ares shall have received a tax opinion of Bass, Berry & Sims PLC that Whitestone REIT has been organized and operated in conformity with the requirements for qualification and taxation as a REIT under the Code. BofA Securities, Inc. acted as financial advisor and as fairness opinion provider for Whitestone REIT. Jones Lang LaSalle Securities, LLC acted as financial advisor and Richard Mattern, Scott Bell, and Tyler Huseman of Bass, Berry & Sims PLC acted as legal advisor for Whitestone REIT. Michelle Kelban, Jonathan Benloulou, Emily Lichtenheld, and Daniel Elizo of Kirkland & Ellis LLP acted as legal advisor for Ares. Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC acted as financial advisors for Ares.
お知らせ • Apr 09Whitestone Reit Declares Quarterly Cash Dividend for the Second Quarter of 2026, Payable on June 29, 2026Whitestone REIT announced that its Board of Trustees has declared a quarterly cash dividend of $0.1425 per share on the Company's common shares and operating partnership units for the second quarter of 2026. The payable date is June 29, 2026 and record date is June 17, 2026.
Seeking Alpha • Apr 07Whitestone REIT: Acquisition Buzz Keeps It Elevated While Risks Are Rising (Downgrade)Summary Whitestone REIT (WSR) is downgraded to Hold as shares trade above intrinsic value amid rising macro risks thanks to Blackstone's acquisition offer. WSR delivered solid Core FFO growth, with 2026 guidance implying a 6.67% YoY increase and continued portfolio strength in Sun Belt markets. Acquisition offers from Blackstone/TPG and MCB highlight strategic interest in their shopping centers, but rejection could trigger downside as arbitrage demand would flee. Geopolitical risks, inflationary pressures, and relatively low dividend yield make the risk-reward unattractive at current levels. Read the full article on Seeking Alpha
ナラティブの更新 • Mar 28WSR: Takeover Bids And Proxy Fights Will Shape Fair OutlookWhitestone REIT's analyst price target is updated to $17.25, with analysts pointing to higher published targets from several firms and heightened takeover interest as key factors supporting this revision. Analyst Commentary Bullish Takeaways Bullish analysts are anchoring their targets in the US$17 to US$18 range, which is above the US$15.20 cash takeover offer.
ナラティブの更新 • Mar 14WSR: Takeover Interest And Proxy Fights Will Shape Fair OutlookThe analyst fair value estimate for Whitestone REIT has been raised from $15.78 to $17.25. This reflects higher Street price targets around $17 to $18 and analysts' updated assumptions following recent takeover interest and revised revenue and expense forecasts.
Buy Or Sell Opportunity • Mar 12Now 20% undervaluedOver the last 90 days, the stock has risen 20% to US$16.25. The fair value is estimated to be US$20.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has grown by 8.2%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are forecast to decline by 19% per annum over the same time period.
Upcoming Dividend • Mar 09Upcoming dividend of US$0.14 per shareEligible shareholders must have bought the stock before 16 March 2026. Payment date: 30 March 2026. Trailing yield: 3.6%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (4.5%).
Price Target Changed • Mar 06Price target increased by 10% to US$17.00Up from US$15.44, the current price target is an average from 8 analysts. New target price is 6.5% above last closing price of US$15.96. The company is forecast to post earnings per share of US$0.39 for next year compared to US$0.98 last year.
Major Estimate Revision • Mar 04Consensus EPS estimates fall by 20%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from US$166.8m to US$169.6m. EPS estimate fell from US$0.482 to US$0.385 per share. Net income forecast to shrink 60% next year vs 12% decline forecast for Retail REITs industry in the US. Consensus price target up from US$15.44 to US$16.38. Share price was steady at US$15.13 over the past week.
ナラティブの更新 • Feb 28WSR: Fair Outlook Will Hinge On Activist Pressure And Buyback ExecutionAnalysts have raised their Whitestone REIT price target by about $0.85 to reflect updated views on fair value, discount rate, revenue growth, profit margins, and a lower future P/E, supported by recent positive coverage and target increases from Wall Street. Analyst Commentary Bullish Takeaways Bullish analysts highlight the recent initiation with a positive view as support for the updated fair value framework, suggesting that the current price target move is aligned with where they see the shares trading on a normalized P/E.
Reported Earnings • Feb 26Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: US$0.98 (up from US$0.73 in FY 2024). Revenue: US$160.9m (up 4.3% from FY 2024). Net income: US$49.9m (up 35% from FY 2024). Profit margin: 31% (up from 24% in FY 2024). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 48%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 26Whitestone REIT Provides Earnings Guidance for the Year 2026Whitestone REIT provided earnings guidance for the year 2026. For the period, the company expects net income attributable to the company to be in the range of $20,580,000 to $22,730,000, net income attributable to the company per share to be in the range of $0.38 to $0.43; Same store net operating income growth of 3.0% to 4.75%.
お知らせ • Jan 27Whitestone REIT to Report Q4, 2025 Results on Feb 25, 2026Whitestone REIT announced that they will report Q4, 2025 results After-Market on Feb 25, 2026
お知らせ • Jan 09MCB Real Estate Sends Letter to the Board of Trustees of Whitestone REITOn January 7, 2026, MCB Real Estate sent a letter to the Board of Trustees of Whitestone REIT regarding its previously announced proposal to acquire all outstanding shares of Whitestone REIT for $15.20 per share in cash, with no financing contingency. MCB Real Estate stated that more than a year has passed since the Board rejected its prior acquisition proposal, yet the Company has not made meaningful progress toward closing its significant value gap or addressing its material underperformance relative to peers. MCB Real Estate remains resolute that a sale of the Company is the best and only way to maximize value, and that the incumbent board members must take action now or be removed. Accordingly, it remains committed to voting against all incumbent Company directors at the next annual meeting of shareholders. MCB Real Estate urges each member of the Company’s Board to uphold their fiduciary duty to all shareholders by authorizing engagement with MCB Real Estate or initiating a public strategic alternatives process.
お知らせ • Dec 22Whitestone REIT (NYSE:WSR) announces an Equity Buyback for $50 million worth of its shares.Whitestone REIT (NYSE:WSR) announces a share repurchase program. Under the program, the company will repurchase up to $50 million worth of its shares. The program will be valid till May 20, 2028.
Declared Dividend • Dec 22Dividend of US$0.14 announcedShareholders will receive a dividend of US$0.14. Ex-date: 16th March 2026 Payment date: 30th March 2026 Dividend yield will be 4.0%, which is lower than the industry average of 5.2%.
お知らせ • Dec 19Whitestone Reit Declares Quarterly Cash Dividend for the First Quarter of 2026, Payable on March 30, 2026Whitestone REIT announced that its Board of Trustees has declared a quarterly cash dividend of $0.1425 per share on the Company's common shares and operating partnership units for the first quarter of 2026. The new dividend represents a 5.6% increase over the previous quarterly dividend amount. The first quarter dividend distribution for 2026 will be as detailed below: In March, the record date is March 16, 2026, and the payment date is March 30, 2026, with a distribution per share/unit of 0.1425.
Major Estimate Revision • Nov 19Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from US$0.568 to US$0.638. Revenue forecast steady at US$158.0m. Net income forecast to shrink 39% next year vs 3.2% decline forecast for Retail REITs industry in the US. Consensus price target broadly unchanged at US$15.00. Share price was steady at US$13.12 over the past week.
Buy Or Sell Opportunity • Nov 17Now 20% undervaluedOver the last 90 days, the stock has risen 6.2% to US$13.16. The fair value is estimated to be US$16.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 6.5%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are forecast to decline by 12% per annum over the same time period.
Declared Dividend • Nov 14Dividend of US$0.045 announcedShareholders will receive a dividend of US$0.045. Ex-date: 1st December 2025 Payment date: 11th December 2025 Dividend yield will be 4.0%, which is lower than the industry average of 5.2%.
お知らせ • Nov 05MCB PR Capital LLC made a proposal to acquire remaining 90.81% stake in Whitestone REIT (NYSE:WSR) for approximately $704 million.MCB PR Capital LLC made a proposal to acquire remaining 90.81% stake in Whitestone REIT (NYSE:WSR) for approximately $704 million on November 4, 2025. MCB made an all cash offer to acquire all of the outstanding common shares of Whitestone, at a price of $15.2 per share, backed by fully committed equity and debt financing supported by a highly confident letter from Wells Fargo. MCB, holding 9.2% of Whitestone's common shares, aims to acquire all outstanding shares. The transaction is subject to target shareholder approval and the initiation of a public strategic alternatives process by Whitestone's Board. Vinson & Elkins LLP acted as legal advisor for MCB PR Capital LLC. Wells Fargo Securities, LLC acted as financial advisor for Whitestone REIT.
Reported Earnings • Oct 31Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: FFO per share: US$0.3 (down from US$0.26 in 3Q 2024). Revenue: US$41.0m (up 6.3% from 3Q 2024). Funds from operations (FFO): US$12.9m (flat on 3Q 2024). FFO margin: 31% (down from 34% in 3Q 2024). Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year.
お知らせ • Oct 30Whitestone REIT Revises Earnings Guidance for the Fiscal Year 2025Whitestone REIT revised earnings guidance for the fiscal year 2025. For the year, the company expects Net income attributable to Whitestone REIT of $30,913,000 to $33,023,000 compared to previous guidance of $17,135,000 to $19,219,000. Net income attributable to Whitestone REIT per share of $0.59 to $0.63 compared to previous guidance of $0.33 to $0.37. Same store net operating income growth of 3.5% to 4.5% compared to previous guidance of 3% to 4.5%.
お知らせ • Oct 23Whitestone REIT Appoints Felice Terrigno as Houston Division DirectorWhitestone REIT announced the strategic expansion of its best-in-class leasing team with the appointment of Felice Terrigno as Houston Division Director. Terrigno will oversee the leasing strategy for Whitestone’s Houston portfolio, which currently consists of more than 10 open-air, institutional-quality shopping centers. He will report to Whitestone’s President and COO Christine Mastandrea. Terrigno joins Whitestone after spending the past seven years at Houston-based SDI Realty Advisors where he learned to maximize the value and occupancy of retail shopping centers by securing the right tenants, negotiating leases, and shaping the tenant mix to strengthen the property’s long-term performance. His proven ability to attract national and regional tenants, foster long-term relationships, and align leasing initiatives with market trends will play a key role in expanding Whitestone’s portfolio value. Terrigno earned his undergraduate degree at the United States Military Academy with a focus on Business Administration and a minor in Nuclear Engineering. He played varsity football and graduated in 2007 as a Second Lieutenant Artillery Officer. After promoting to Captain, Terrigno joined Special Forces where he served as a Team Leader with 20Special Forces Group (Airborne). In 2018, Terrigno graduated from the Jesse H. Jones Graduate School of Business at Rice University where he enhanced his institutional knowledge of Finance and found his passion for commercial real estate.
Declared Dividend • Oct 10Dividend of US$0.045 announcedShareholders will receive a dividend of US$0.045. Ex-date: 3rd November 2025 Payment date: 13th November 2025 Dividend yield will be 4.7%, which is lower than the industry average of 5.2%.
お知らせ • Oct 08Whitestone REIT to Report Q3, 2025 Results on Oct 29, 2025Whitestone REIT announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 29, 2025
Upcoming Dividend • Sep 26Upcoming dividend of US$0.045 per shareEligible shareholders must have bought the stock before 01 October 2025. Payment date: 09 October 2025. Trailing yield: 4.3%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (4.8%).
お知らせ • Sep 17Whitestone REIT has filed a Follow-on Equity Offering in the amount of $100 million.Whitestone REIT has filed a Follow-on Equity Offering in the amount of $100 million. Security Name: Common Shares Security Type: Common Stock Transaction Features: At the Market Offering
Declared Dividend • Sep 12Dividend of US$0.045 announcedShareholders will receive a dividend of US$0.045. Ex-date: 1st October 2025 Payment date: 9th October 2025 Dividend yield will be 4.1%, which is lower than the industry average of 5.2%.
お知らせ • Aug 28Whitestone REIT Declares Monthly Cash Dividend for the Fourth Quarter of 2025, Payable on October 9, 2025, November 13, 2025, December 11, 2025Whitestone REIT announced that its Board of Trustees has declared a monthly (Month: October, November and December) cash dividend of $0.045 per share on the Company's common shares and operating partnership units for the fourth quarter of 2025. The dividend represents a quarterly amount of $0.135 per share, and an annualized amount of $0.54 per share. The fourth quarter dividend distribution for 2025 will be as detailed below: Record dates are October 1, 2025, November 3, 2025, December 1, 2025. Payment dates are October 9, 2025, November 13, 2025, December 11, 2025.
Upcoming Dividend • Aug 27Upcoming dividend of US$0.045 per shareEligible shareholders must have bought the stock before 02 September 2025. Payment date: 11 September 2025. Trailing yield: 4.2%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (4.9%).
Declared Dividend • Aug 13Dividend of US$0.045 announcedShareholders will receive a dividend of US$0.045. Ex-date: 2nd September 2025 Payment date: 11th September 2025 Dividend yield will be 4.3%, which is lower than the industry average of 5.2%.
Reported Earnings • Jul 31Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: US$0.099 (up from US$0.052 in 2Q 2024). Revenue: US$37.9m (flat on 2Q 2024). Net income: US$5.05m (up 95% from 2Q 2024). Profit margin: 13% (up from 6.9% in 2Q 2024). Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 20%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year and the company’s share price has also increased by 5% per year.
お知らせ • Jul 31Whitestone REIT Updates Earnings Guidance for the Full Year 2025Whitestone REIT updated earnings guidance for the full year 2025. For the year, the company expects net income attributable to Whitestone REIT to be in the range of $17,135,000 to $19,219,000 against the previous guidance of $17,135,000 - $19,219,000. Net income attributable to Whitestone REIT per share will be within the range of $0.33 to $0.37 against the previous guidance of $0.33 - $0.37.
Upcoming Dividend • Jul 25Upcoming dividend of US$0.045 per shareEligible shareholders must have bought the stock before 01 August 2025. Payment date: 12 August 2025. Trailing yield: 4.3%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (5.0%).
Declared Dividend • Jul 11Dividend of US$0.045 announcedShareholders will receive a dividend of US$0.045. Ex-date: 1st August 2025 Payment date: 12th August 2025 Dividend yield will be 4.1%, which is lower than the industry average of 5.2%.
お知らせ • Jul 02Whitestone REIT to Report Q2, 2025 Results on Jul 30, 2025Whitestone REIT announced that they will report Q2, 2025 results at 4:00 PM, US Eastern Standard Time on Jul 30, 2025
お知らせ • Jun 30Whitestone REIT(NYSE:WSR) dropped from Russell 2000 Dynamic IndexWhitestone REIT(NYSE:WSR) dropped from Russell 2000 Dynamic Index
Upcoming Dividend • Jun 27Upcoming dividend of US$0.045 per shareEligible shareholders must have bought the stock before 01 July 2025. Payment date: 10 July 2025. Trailing yield: 4.3%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (5.1%).
お知らせ • Jun 18Whitestone REIT (NYSE:WSR) acquired 5000 South Hulen in Fort Worth, Texas.Whitestone REIT (NYSE:WSR) acquired 5000 South Hulen in Fort Worth, Texas on June 17, 2025. Whitestone REIT (NYSE:WSR) completed the acquisition of 5000 South Hulen in Fort Worth, Texas on June 17, 2025.
New Risk • Jun 17New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings are forecast to decline by an average of 3.1% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Declared Dividend • Jun 13Dividend of US$0.045 announcedShareholders will receive a dividend of US$0.045. Ex-date: 1st July 2025 Payment date: 10th July 2025 Dividend yield will be 4.2%, which is lower than the industry average of 5.2%.
お知らせ • Jun 10Whitestone REIT Declares Monthly Dividend for July, August and September 2025, Payable on July 10, 2025, August 12, 2025, September 11, 2025Whitestone REIT announced that its Board of Trustees has declared a monthly cash dividend of $0.045 per share on the Company's common shares and operating partnership units for the third quarter of 2025. The dividend represents a quarterly amount of $0.135 per share, and an annualized amount of $0.54 per share. The third quarter dividend distribution for 2025 will be as detailed below: Record dates are July 1, 2025, August 1, 2025, September 2, 2025. Payment dates are July 10, 2025, August 12, 2025, September 11, 2025.
Upcoming Dividend • May 28Upcoming dividend of US$0.045 per shareEligible shareholders must have bought the stock before 02 June 2025. Payment date: 12 June 2025. Trailing yield: 4.4%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (5.1%).
Declared Dividend • May 14Dividend of US$0.045 announcedShareholders will receive a dividend of US$0.045. Ex-date: 2nd June 2025 Payment date: 12th June 2025 Dividend yield will be 4.2%, which is lower than the industry average of 5.2%.
Price Target Changed • May 12Price target decreased by 7.4% to US$15.08Down from US$16.29, the current price target is an average from 6 analysts. New target price is 18% above last closing price of US$12.73. The company is forecast to post earnings per share of US$0.37 for next year compared to US$0.73 last year.
Recent Insider Transactions • May 08Trustee & Independent Director recently bought US$192k worth of stockOn the 2nd of May, Donald Miller bought around 15k shares on-market at roughly US$12.80 per share. This transaction increased Donald's direct individual holding by 9x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$28m more in shares than they have sold in the last 12 months.
Reported Earnings • May 01First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: FFO per share: US$0.3 (up from US$0.24 in 1Q 2024). Revenue: US$38.0m (up 2.3% from 1Q 2024). Funds from operations (FFO): US$13.1m (up 11% from 1Q 2024). FFO margin: 35% (up from 32% in 1Q 2024). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • May 01+ 1 more updateWhitestone REIT Declares Cash Distribution for the Second Quarter of 2025, Payable in April, May, and June of 2025Whitestone REIT declared a quarterly cash distribution of $0.135 per common share and OP unit for the second quarter of 2025, to be paid in three equal installments of $0.045 in April, May, and June of 2025.
Upcoming Dividend • Apr 25Upcoming dividend of US$0.045 per shareEligible shareholders must have bought the stock before 01 May 2025. Payment date: 13 May 2025. Trailing yield: 4.1%. Lower than top quartile of American dividend payers (4.9%). Lower than average of industry peers (5.1%).
Seeking Alpha • Apr 16Whitestone REIT: Undervalued Gem With Double-Digit Rent SpreadsSummary Whitestone REIT focuses on high-growth Sunbelt markets and small shops, offering high margins, pricing power, and robust lease spreads. WSR has demonstrated strong fundamentals, including double-digit FFO/share growth, consistent occupancy, and proactive leasing, driving impressive lease spreads and NOI growth. Redevelopment initiatives provide upside potential, while WSR's improving balance sheet and well-covered monthly dividend enhance its attractiveness. With a guided long-term FFO/share growth of 5-7%, WSR is positioned for strong total returns, making it a compelling opportunity for value and growth investors. Read the full article on Seeking Alpha
Declared Dividend • Apr 11Dividend of US$0.045 announcedShareholders will receive a dividend of US$0.045. Ex-date: 1st May 2025 Payment date: 13th May 2025 Dividend yield will be 4.0%, which is lower than the industry average of 5.2%.
お知らせ • Apr 07Whitestone REIT, Annual General Meeting, May 15, 2025Whitestone REIT, Annual General Meeting, May 15, 2025.
お知らせ • Apr 01Whitestone REIT to Report Q1, 2025 Results on Apr 30, 2025Whitestone REIT announced that they will report Q1, 2025 results After-Market on Apr 30, 2025
Upcoming Dividend • Mar 26Upcoming dividend of US$0.045 per shareEligible shareholders must have bought the stock before 01 April 2025. Payment date: 10 April 2025. Trailing yield: 3.7%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (5.0%).
Declared Dividend • Mar 12Dividend of US$0.045 announcedShareholders will receive a dividend of US$0.045. Ex-date: 1st April 2025 Payment date: 10th April 2025 Dividend yield will be 3.6%, which is lower than the industry average of 5.2%.
Major Estimate Revision • Mar 10Consensus EPS estimates fall by 17%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from US$157.6m to US$159.3m. EPS estimate fell from US$0.473 to US$0.39 per share. Net income forecast to shrink 46% next year vs 2.9% growth forecast for Retail REITs industry in the US . Consensus price target broadly unchanged at US$16.29. Share price rose 5.0% to US$14.26 over the past week.
お知らせ • Mar 06Whitestone REIT Declares Cash Distribution for the First Quarter of 2025, Payable in January, February, and March of 2025Whitestone REIT declared a quarterly cash distribution of $0.135 per common share and OP unit for the first quarter of 2025, to be paid in three equal installments of $0.045 in January, February, and March of 2025.
Reported Earnings • Mar 04Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: FFO per share: US$1.0 (up from US$0.92 in FY 2023). Revenue: US$154.3m (up 7.2% from FY 2023). Funds from operations (FFO): US$50.7m (up 12% from FY 2023). FFO margin: 33% (up from 32% in FY 2023). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 48%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 04Whitestone REIT Provides Earnings Guidance for the Year 2025Whitestone REIT provided earnings guidance for the year 2025. For the period, the company expects net income attributable to Whitestone REIT to be in the range of $17,135,000 to $19,219,000. The Company estimates net income available to common shareholders will be within the range of $0.33 to $0.37 per diluted share.
Board Change • Feb 18High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Trustee Jeff Jones is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Seeking Alpha • Jan 30Whitestone REIT: Sunbelt Powerhouse Poised For Potential Market-Beating ReturnsSummary Whitestone REIT owns high-quality open-air retail centers in fast-growing Sunbelt markets, achieving strong leasing spreads and consistent NOI growth. WSR's remerchandising and asset recycling initiatives are enhancing portfolio quality, driving robust Core FFO/share growth, and improving financial flexibility. The improved balance sheet, with a declining leverage ratio and well-covered 4% dividend yield, supports further deleveraging and growth. Read the full article on Seeking Alpha
お知らせ • Jan 17Whitestone REIT to Report Q4, 2024 Results on Mar 03, 2025Whitestone REIT announced that they will report Q4, 2024 results After-Market on Mar 03, 2025
Seeking Alpha • Dec 23Whitestone REIT: Retail Has Finally Right SizedSummary Whitestone REIT's COO Christine Mastandrea emphasizes the resilience of retail, focusing on smaller format centers that prioritize services and convenience. Geographic trends show a demographic shift towards Southern states, with Whitestone strategically investing in Texas and Arizona due to pro-growth policies and university expansions. Key metrics for Whitestone include sales per square foot, customer stickiness, and net operating income, ensuring profitable growth and value for shareholders. Read the full article on Seeking Alpha
お知らせ • Nov 19MCB Real Estate Provides Information to Shareholders of Whitestone REITOn November 18, 2024, MCB Real Estate delivered to the Board a letter notifying Whitestone REIT’s Board that MCB Real Estate was withdrawing the revised proposal, effective immediately. In the letter, MCB Real Estate informed the Board that it will continue to consider all options available to MCB Real Estate and other shareholders of the Company to ensure that the Board upholds its responsibilities.
お知らせ • Nov 18MCB PR Capital LLC cancelled the acquisition to acquire remaining 90.6% stake in Whitestone REIT (NYSE:WSR).MCB PR Capital LLC made a proposal to acquire remaining 90.6% stake in Whitestone REIT (NYSE:WSR) for approximately $680 million on June 3, 2024. MCB made an all cash offer to acquire all of the outstanding common shares of Whitestone, at a price of $14 per share. MCB expect to fund the acquisition with a combination of equity and debt. MCB currently owns 4,690,000 of the Company’s common shares, representing approximately 9.4% of Whitestone's outstanding common shares. Equity for this transaction is fully committed from discretionary capital managed by MCB. With respect to the debt portion of the acquisition, MCB received a Highly Confident Letter from Wells Fargo with respect to the debt financing needed to complete the transaction. As of June 10, 2024, Whitestone Board of Trustees declines the offer. The Board believes that MCB indicated offer price does not represent a fair valuation and strongly believes that current management has a clear strategy and compelling pathway for creating long-term shareholder value significantly greater than the amount offered. On October 9, 2024, MCB PR Capital increased the value of its proposal to acquire the Whitestone REIT in an all-cash transaction. Under the terms of the revised proposal, Whitestone shareholders would receive $15 per share in cash. As of October 30, 2024, the Whitestone Board of Trustees has unanimously determined to reject indication of interest and does not believe it reflects an appropriate valuation to enter into discussions toward a negotiated transaction. MCB expect the transaction’s definitive agreements to contain terms customary for a public REIT go-private transaction, including a customary condition to closing related to obtaining the approval of the Company’s shareholders. The Proposal is non-binding and subject to confirmatory diligence, as well as the execution of definitive transaction agreements. MCB has engaged Vinson & Elkins L.L.P. as lead counsel in connection with this transaction. Wells Fargo Securities, LLC acted as financial advisor to MCB. MCB PR Capital LLC cancelled the acquisition to acquire remaining 90.6% stake in Whitestone REIT (NYSE:WSR) on November 18, 2024.
Declared Dividend • Nov 15Dividend of US$0.041 announcedShareholders will receive a dividend of US$0.041. Ex-date: 3rd December 2024 Payment date: 12th December 2024 Dividend yield will be 3.4%, which is lower than the industry average of 5.2%.
Seeking Alpha • Nov 15Whitestone REIT: Weighing Potential Amid RisksSummary Whitestone REIT has delivered over 35% total returns since November 2023, with a current forward yield of 3.44% and a low P/FFO multiple of 14.62x. Looking at WSR stock, I can see a compelling entry point in terms of the valuations relative to other peers such as KIM, REG and FRT. However, diving deeper a bit more, I will also identify some reasons why the discount could be justified. I recommend holding WSR for diversification, given the sector's recent rally. Read the full article on Seeking Alpha
お知らせ • Nov 06Whitestone REIT Announces Changes in Board of TrusteesWhitestone REIT announced the appointments of Kristian (“Krissy”) M. Gathright and Donald (“Don”) A. Miller, CFA, to the Board of Trustees, effective immediately. Ms. Gathright currently serves as a Board member of Apple Hospitality REIT that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. During a span of over 20 years, she served in various roles at the company, including operations, strategic decision-making, raising capital and investor relations. In addition to her extensive operational and strategic contributions at Apple REIT, Ms. Gathright was instrumental in the company’s 2015 listing on the NYSE and its ownership transition from retail to institutional shareholders. She was serving as Apple REIT’s Executive Vice President and Chief Operating Officer prior to her retirement in 2020. Ms. Gathright has also served on the Board of Trustees for Spirit Realty, a net lease REIT. Ms. Gathright’s real estate operational expertise, B2C knowledge and Board experience will be highly complementary to Whitestone’s Board. Mr. Miller served as President and Chief Executive Officer for Piedmont Office Realty Trust for over a decade, including overseeing its initial public offering in 2010. Under his leadership, Piedmont recycled approximately $2.2 billion in assets and executed a consistent strategy focused on aggregating high-quality assets in targeted markets – a strategy that was reflected in Piedmont’s top-quartile ranking of stock performance relative to its peer group during the last three years prior to Mr. Miller’s retirement in 2019. Prior to his time at Piedmont, Mr. Miller was the head of real estate activities at Wells Real Estate Funds, where he was responsible for directing all aspects of acquisitions, asset management, dispositions, leasing property management and construction. He currently serves on the Board of Directors for three privately held organizations with significant real estate investments: Pacolet Milliken Enterprises, Watkins Associated Industries, and The Feil Organization. Mr. Miller’s multi-decade real estate leadership, Board expertise, and Sun Belt experience will be a significant enhancement to Whitestone’s Board of Trustees. Ms. Gathright will serve as a member of the Audit and Nominating and Corporate Governance Committees and Mr. Miller will serve as a member of the Compensation and Nominating and Corporate Governance Committees. In connection with these two appointments and as previously announced, Nandita V. Berry and David F. Taylor will step down from the Board effective immediately. The Whitestone Board will continue to comprise six trustees, five of whom are independent.
Reported Earnings • Nov 01Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: FFO per share: US$0.3 (up from US$0.24 in 3Q 2023). Revenue: US$38.6m (up 5.0% from 3Q 2023). Funds from operations (FFO): US$13.0m (up 11% from 3Q 2023). FFO margin: 34% (up from 32% in 3Q 2023). Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 80%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 12% per year.
Upcoming Dividend • Oct 28Upcoming dividend of US$0.041 per shareEligible shareholders must have bought the stock before 04 November 2024. Payment date: 14 November 2024. Trailing yield: 3.5%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (4.6%).
Declared Dividend • Oct 11Dividend of US$0.041 announcedShareholders will receive a dividend of US$0.041. Ex-date: 4th November 2024 Payment date: 14th November 2024 Dividend yield will be 3.5%, which is lower than the industry average of 5.2%.
Seeking Alpha • Oct 11Whitestone Buyout Offer Undervalues Its AssetsSummary MCB Real Estate's $15 per share buyout offer for Whitestone REIT is too low, with WSR's fair value estimated closer to $17 per share. The hostile takeover attempt by MCB could spark competing bids from other REITs or private equity, given improved market conditions and lower interest rates. Whitestone REIT's standalone prospects are favorable, with strong leasing, rising occupancy, and healthy NOI growth, making a buyout less necessary. Investing in WSR now offers potential upside from either a higher bid or continued growth, despite typical shopping center risks and slightly higher leverage. Read the full article on Seeking Alpha
Declared Dividend • Oct 03Dividend of US$0.041 announcedShareholders will receive a dividend of US$0.041. Ex-date: 4th November 2024 Payment date: 14th November 2024 Dividend yield will be 3.7%, which is lower than the industry average of 5.2%.
お知らせ • Oct 02Whitestone REIT to Report Q3, 2024 Results on Oct 30, 2024Whitestone REIT announced that they will report Q3, 2024 results After-Market on Oct 30, 2024
Upcoming Dividend • Sep 25Upcoming dividend of US$0.041 per shareEligible shareholders must have bought the stock before 02 October 2024. Payment date: 10 October 2024. Trailing yield: 3.7%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (4.6%).
新しいナラティブ • Sep 24Revitalizing Real Estate Through Critical Leasing And Re-merchandising Spurs Earnings Surge Strong leasing spreads and improvement in same-store NOI highlight robust demand, operational efficiency, and potential for revenue and profit margin growth.
Declared Dividend • Sep 10Dividend of US$0.041 announcedShareholders will receive a dividend of US$0.041. Ex-date: 2nd October 2024 Payment date: 10th October 2024 Dividend yield will be 3.8%, which is lower than the industry average of 5.2%.
Seeking Alpha • Sep 09Whitestone: Growth At A Great PriceSummary Whitestone REIT owns and operates a diversified portfolio of retail properties in major metropolitan areas. The REIT's favorable market dynamics support its positive outlook and potential for growth. WSR's recent performance has been very good, with meaningful projected NOI and core FFO increases for 2024. Most importantly, the shares are trading at a discount to NAV, and this is one of the cheapest retail REITs on an FFO-multiple basis. Read the full article on Seeking Alpha
Seeking Alpha • Aug 30Whitestone REIT: Southwest's Growing Pains Will Be Retail Landlords' Growing GainsSummary Monitoring demographic trends reveals strong housing demand in the sunbelt, creating opportunities for retail real estate investment. Whitestone REIT is highlighted for its significant exposure to high-growth markets in Texas and Arizona, making it a compelling investment. Whitestone is undervalued compared to peers, with potential for mergers and acquisitions boosting its attractiveness. Lower interest rates could further enhance REIT valuations, making Whitestone a prime acquisition target in thriving markets. Read the full article on Seeking Alpha
お知らせ • Aug 03Whitestone REIT Revises Earnings Guidance for the Second Quarter and Full Year 2024Whitestone REIT revised earnings guidance for the full year 2024. For the period, the company expects Net income attributable to Whitestone REIT to be in the range of $21,368,000 to $24,368,000 against previous guidance of $16,600,000 to $19,600,000. Net income attributable to Whitestone REIT per share is expected to be in the range of $0.41 to $0.47 against previous guidance of $0.32 - $0.38.
Seeking Alpha • Aug 02Whitestone REIT: Taking Profits Home And Downgrading To HoldSummary Since November last year, when I issued a bullish article on WSR, the stock has surged higher, benefiting from favorable court ruling and solid financial performance. Despite strong same store NOI growth and occupancy rates, WSR's leasing spreads and occupancy levels have been declining. WSR continues to also carry a high leverage, which limits its M&A options and its overall growth potential. On top of this, WSR's multiple has now bounced back to the pre-pandemic level, when the interest rate dynamics were entirely different. As a result of this, I am downgrading WSR from buy to hold. Read the full article on Seeking Alpha
お知らせ • Jul 11Whitestone REIT to Report Q2, 2024 Results on Jul 31, 2024Whitestone REIT announced that they will report Q2, 2024 results After-Market on Jul 31, 2024
Seeking Alpha • Jul 08Whitestone REIT: Monthly-Paying Growth REIT With A 3.7% YieldSummary Whitestone REIT offers long-term growth prospects with positive leasing spreads and potential for organic growth and acquisitions. The trust has a low payout ratio, growing dividend, and attractive valuation, making it a compelling investment for passive income investors. Whitestone REIT's concentrated portfolio in strong markets like Texas and Arizona, along with favorable market dynamics, indicates potential for sustained rental growth and outperformance. Read the full article on Seeking Alpha
Recent Insider Transactions • Jun 13Independent Chair of the Board recently bought US$223k worth of stockOn the 11th of June, Amy Feng bought around 17k shares on-market at roughly US$13.09 per share. This transaction amounted to 72% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth US$28m. Amy has been a buyer over the last 12 months, purchasing a net total of US$302k worth in shares.
Declared Dividend • Jun 13Dividend of US$0.041 announcedShareholders will receive a dividend of US$0.041. Ex-date: 5th July 2024 Payment date: 11th July 2024 Dividend yield will be 3.6%, which is lower than the industry average of 5.2%.
Board Change • Jun 05High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Trustee Jeff Jones is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
