Whitestone REIT

NYSE:WSR Stock Report

Market Cap: US$718.7m

Whitestone REIT Past Earnings Performance

Past criteria checks 1/6

Whitestone REIT has been growing earnings at an average annual rate of 12.9%, while the Retail REITs industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 5.3% per year. Whitestone REIT's return on equity is 5%, and it has net margins of 14.1%.

Key information

12.9%

Earnings growth rate

7.5%

EPS growth rate

Retail REITs Industry Growth8.5%
Revenue growth rate5.3%
Return on equity5.0%
Net Margin14.1%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Whitestone REIT: Retail Has Finally Right Sized

Dec 23

Whitestone REIT: Weighing Potential Amid Risks

Nov 15

Whitestone Buyout Offer Undervalues Its Assets

Oct 11

Whitestone: Growth At A Great Price

Sep 09

Whitestone REIT: Southwest's Growing Pains Will Be Retail Landlords' Growing Gains

Aug 30

Whitestone REIT: Taking Profits Home And Downgrading To Hold

Aug 02

Whitestone REIT: Monthly-Paying Growth REIT With A 3.7% Yield

Jul 08

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

Revenue & Expenses Breakdown

How Whitestone REIT makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:WSR Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2414921230
30 Jun 2414816230
31 Mar 2414525220
31 Dec 2314419210
30 Sep 2314338210
30 Jun 2314139200
31 Mar 2314132200
31 Dec 2214035180
30 Sep 2213818200
30 Jun 2213617200
31 Mar 2213116200
31 Dec 2112610230
30 Sep 2112311220
30 Jun 211209220
31 Mar 211176220
31 Dec 201196210
30 Sep 2011919210
30 Jun 2011920200
31 Mar 2012122210
31 Dec 1912123220
30 Sep 1912116220
30 Jun 1912221210
31 Mar 1912221230
31 Dec 1812221230
30 Sep 1812615240
30 Jun 1812810250
31 Mar 1812810240
31 Dec 171268240
30 Sep 171206250
30 Jun 171124260
31 Mar 171074250
31 Dec 161047240
30 Sep 161029220
30 Jun 161019210
31 Mar 169810210
31 Dec 15936200
30 Sep 15875200
30 Jun 15815180
31 Mar 15764170
31 Dec 14725150
30 Sep 14695140
30 Jun 14665120
31 Mar 14645110
31 Dec 13603110

Quality Earnings: WSR has a large one-off gain of $9.4M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: WSR's current net profit margins (14.1%) are lower than last year (26.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: WSR's earnings have grown by 12.9% per year over the past 5 years.

Accelerating Growth: WSR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: WSR had negative earnings growth (-43.9%) over the past year, making it difficult to compare to the Retail REITs industry average (2.1%).

Return on Equity

High ROE: WSR's Return on Equity (5%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 09:02
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Whitestone REIT is covered by 16 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gaurav MehtaAlliance Global Partners
Richard MilliganBaird
Paul AdornatoBMO Capital Markets Equity Research