Whitestone REIT (NYSE:WSR) had its price objective hosited by Wunderlich from $17.50 to $19.50 in a report released on Wednesday, Stock Ratings News reports. Wunderlich currently has a buy rating on the stock.
Separately, analysts at BMO Capital Markets cut their price target on shares of Whitestone REIT from $17.00 to $15.00 in a research note to investors on Tuesday. They now have a market perform rating on the stock.
Whitestone REIT (NYSE:WSR) traded up 0.36% during mid-day trading on Wednesday, hitting $13.91. 168,395 shares of the company’s stock traded hands. Whitestone REIT has a 1-year low of $12.07 and a 1-year high of $17.85. The stock has a 50-day moving average of $14. and a 200-day moving average of $15.67. The company has a market cap of $239.2 million and a P/E ratio of 315.00.
Whitestone REIT (NYSE:WSR) last released its earnings data on Monday, August 5th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.01. The company had revenue of $14.80 million for the quarter, compared to the consensus estimate of $15.11 million. On average, analysts predict that Whitestone REIT will post $1.01 earnings per share for the current fiscal year.
The company also recently announced a monthly dividend, which is scheduled for Wednesday, December 11th. Stockholders of record on Monday, December 2nd will be paid a dividend of $0.10 per share. This represents a $1.14 annualized dividend and a dividend yield of 8.20%. The ex-dividend date is Wednesday, November 27th.
Whitestone REIT is a real estate investment trust (NYSE:WSR) engaged in owning and operating commercial properties in culturally diverse markets in the metropolitan areas.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.