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Whitestone REIT NYSE:WSR Stock Report

Last Price

US$11.58

Market Cap

US$596.7m

7D

1.8%

1Y

33.7%

Updated

03 May, 2024

Data

Company Financials +

WSR Stock Overview

Whitestone REIT (NYSE: WSR) is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country: Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio.

WSR fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance1/6
Financial Health2/6
Dividends3/6

Whitestone REIT Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Whitestone REIT
Historical stock prices
Current Share PriceUS$11.58
52 Week HighUS$13.12
52 Week LowUS$8.21
Beta1.18
1 Month Change-1.45%
3 Month Change-10.92%
1 Year Change33.72%
3 Year Change22.67%
5 Year Change-9.81%
Change since IPO0.70%

Recent News & Updates

Recent updates

Whitestone REIT: Undersupplied Submarkets Portend Growth

Apr 22

Whitestone REIT: A Concentrated REIT With A 4.4% Yield

Apr 15

Whitestone REIT: 4.1% Dividend Yield, Recent Hike And Sunbelt Focus

Mar 09

Whitestone REIT: Positioned To Benefit From Bidenomics

Dec 21

Whitestone REIT: A More Clear Buy After Q3 Results

Nov 06

Whitestone REIT: An Undervalued REIT With A 4.9% Yield

Sep 06

Whitestone REIT: Q2 Results Confirm A Buy Thesis

Aug 03

Whitestone REIT: Acceptable Yield And Upside Potential

Jul 17

Whitestone REIT: Crisis Resistant Retail Trading 50 Cents On The Dollar

Jun 06

Whitestone REIT: Weighing The Pros And Cons

Feb 08

Real Estate At 50 Cents On The Dollar: The Case For Whitestone REIT

Jan 05

Whitestone REIT acquires Lake Woodlands Crossing

Dec 22

Whitestone REIT signs lease agreement with EoS Fitness

Dec 09

Whitestone REIT FFO of $0.24 in-line, revenue of $35.38M beats by $0.25M

Nov 01

Whitestone REIT amends and extends $515 million credit facility

Sep 19

Whitestone REIT: Too Cheap To Ignore

Aug 27

Whitestone REIT FFO of $0.25 beats by $0.01, revenue of $35M beats by $0.74M

Aug 02

Whitestone: High Yield, Solid FFO, Strong Upside Potential

Jun 21

Shareholder Returns

WSRUS Retail REITsUS Market
7D1.8%1.3%0.7%
1Y33.7%4.7%23.9%

Return vs Industry: WSR exceeded the US Retail REITs industry which returned 6% over the past year.

Return vs Market: WSR exceeded the US Market which returned 24.2% over the past year.

Price Volatility

Is WSR's price volatile compared to industry and market?
WSR volatility
WSR Average Weekly Movement3.2%
Retail REITs Industry Average Movement3.1%
Market Average Movement6.1%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.0%

Stable Share Price: WSR has not had significant price volatility in the past 3 months.

Volatility Over Time: WSR's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199879Dave Holemanwww.whitestonereit.com

Whitestone REIT (NYSE: WSR) is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country: Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio. Our centers are convenience focused: merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities. The Company believes its strong community connections and deep tenant relationships are key to the success of its current centers and its acquisition strategy.

Whitestone REIT Fundamentals Summary

How do Whitestone REIT's earnings and revenue compare to its market cap?
WSR fundamental statistics
Market capUS$596.69m
Earnings (TTM)US$24.67m
Revenue (TTM)US$145.24m

23.4x

P/E Ratio

4.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WSR income statement (TTM)
RevenueUS$145.24m
Cost of RevenueUS$45.76m
Gross ProfitUS$99.48m
Other ExpensesUS$74.81m
EarningsUS$24.67m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 01, 2024

Earnings per share (EPS)0.49
Gross Margin68.49%
Net Profit Margin16.99%
Debt/Equity Ratio151.0%

How did WSR perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

52%

Payout Ratio

Does WSR pay a reliable dividends?

See WSR dividend history and benchmarks
When do you need to buy WSR by to receive an upcoming dividend?
Whitestone REIT dividend dates
Ex Dividend DateJun 04 2024
Dividend Pay DateJun 13 2024
Days until Ex dividend30 days
Days until Dividend pay date39 days

Does WSR pay a reliable dividends?

See WSR dividend history and benchmarks
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