WSR
Whitestone REITWSR
WSR
About: Whitestone REIT is a real estate investment trust (REIT) engaged in owning and operating commercial properties in culturally diverse markets in metropolitan areas. Its property portfolio includes retail and office/flex properties. The company's properties are located in business-friendly locations in and around Austin, Chicago, Dallas-Fort Worth, Houston, Phoenix, and San Antonio. The organization derives revenue in the form of rental revenues.
Employees: 73
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
305% more call options, than puts
Call options by funds: $766K | Put options by funds: $189K
94% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 16
9% more funds holding
Funds holding: 165 [Q2] → 180 (+15) [Q3]
2% less capital invested
Capital invested by funds: $425M [Q2] → $416M (-$9.25M) [Q3]
2.54% less ownership
Funds ownership: 63.94% [Q2] → 61.4% (-2.54%) [Q3]
14% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 63
100% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 0 (-2) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16
12%
upside
Avg. target
$16
12%
upside
High target
$16
12%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
JMP Securities Mitch Germain 53% 1-year accuracy 18 / 34 met price target | 12%upside $16 | Market Outperform Reiterated | 10 Dec 2024 |
Truist Securities Anthony Hau 41% 1-year accuracy 13 / 32 met price target | 12%upside $16 | Buy Maintained | 29 Nov 2024 |
Financial journalist opinion
Based on 4 articles about WSR published over the past 30 days
Neutral
GlobeNewsWire
3 days ago
Whitestone REIT CEO Letter to Shareholders: 2024 Wrap-Up
HOUSTON, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) is pleased to share the following CEO letter with shareholders:
Neutral
GlobeNewsWire
1 week ago
Whitestone REIT Signs Lease with EoS Fitness to Reenergize Windsor Park Center in San Antonio
Marks second agreement Whitestone has executed with the rapidly growing, High Value. Low Price. (HVLP) ® fitness brand
Positive
Zacks Investment Research
2 weeks ago
Whitestone Rewards Investors With 9% Dividend Hike: Is it Sustainable?
WSR raises cash dividend by 9% for the first quarter of 2025 to reward its shareholders.
Neutral
GlobeNewsWire
2 weeks ago
Whitestone REIT Grows Dividend 9%
HOUSTON, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today 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 first quarter of 2025. The quarterly dividend amount of $0.135 per share represents a 9% increase from the previous quarterly dividend amount.
Neutral
PRNewsWire
1 month ago
MCB Withdraws Proposal to Acquire Whitestone Due to Whitestone Board's Entrenchment and Refusal to Engage
Calls on Independent Trustees of Whitestone to Initiate Strategic Review Process to Maximize Value for Whitestone Shareholders Reminds Trustees of the Whitestone Board's Fiduciary Duties BALTIMORE , Nov. 18, 2024 /PRNewswire/ -- MCB Real Estate ("MCB"), a leading commercial real estate developer and investment management firm with a diverse nationwide portfolio and approximately $3 billion in AUM, today sent a letter to the Board of Trustees of Whitestone REIT (NYSE: WSR) ("Whitestone") withdrawing MCB's previously announced proposal to acquire the company. MCB sent the following letter to the Whitestone Board: November 18, 2024 Board of TrusteesC/O David K.
Positive
MarketBeat
1 month ago
How Whitestone REIT is Transforming Sunbelt Retail Growth
Whitestone REIT NYSE: WSR is a real estate investment trust (REIT) with a unique community-centered approach. REITs offer investors a streamlined way to participate in the real estate market without the burdens of direct property ownership, providing potential for dividend income and portfolio diversification.
Neutral
Seeking Alpha
1 month ago
Whitestone REIT: Weighing Potential Amid Risks
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.
Neutral
Seeking Alpha
1 month ago
Whitestone REIT. (WSR) Q3 2024 Earnings Call Transcript
Whitestone REIT. (WSR) Q3 2024 Earnings Call Transcript
Neutral
PRNewsWire
1 month ago
MCB Calls on Whitestone to Maximize Shareholder Value
The Whitestone Board Has Summarily Rejected and Refused to Engage Regarding MCB's Improved $15.00 per Share All-Cash Proposal, which would Deliver a 14.5% Premium to Whitestone Shareholders MCB Urges the Whitestone Board and Management Team to Cease their Entrenchment Tactics and Answer Shareholders' Questions MCB Calls on Whitestone Shareholders to Make their Voices Heard; Visit www.MaximizingWhitestoneValue.com for More Information BALTIMORE , Oct. 31, 2024 /PRNewswire/ -- MCB Real Estate ("MCB"), a leading commercial real estate developer and investment management firm with a diverse nationwide portfolio and approximately $3 billion in AUM, today issued the following statement regarding its proposal to acquire Whitestone REIT (NYSE: WSR) ("Whitestone") for $15.00 per share in cash: MCB stands ready to deliver immediate and certain value to Whitestone shareholders. Our proposal is compelling by all reasonable metrics, reflecting a 14.5% premium to Whitestone's share price prior to our initial proposal on June 3, 2024, and a 61.8% premium to Whitestone's unaffected share price prior to the rumored Fortress proposal on October 26, 2023.
Positive
Zacks Investment Research
1 month ago
Whitestone (WSR) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Whitestone (WSR) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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