Whitestone REIT (NYSE:WSR) Now Covered by StockNews.com

Equities researchers at StockNews.com started coverage on shares of Whitestone REIT (NYSE:WSR) in a report released on Wednesday. The brokerage set a “hold” rating on the real estate investment trust’s stock.

Other analysts have also issued reports about the company. Truist Financial boosted their target price on Whitestone REIT from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Friday, November 29th. JMP Securities reiterated a “market outperform” rating and set a $16.00 price objective on shares of Whitestone REIT in a research note on Tuesday, December 10th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Whitestone REIT has a consensus rating of “Moderate Buy” and an average target price of $15.67.

Whitestone REIT Stock Up 2.0 %

WSR stock opened at $13.58 on Wednesday. The stock’s fifty day simple moving average is $14.29 and its two-hundred day simple moving average is $13.83. The company has a current ratio of 2.17, a quick ratio of 2.17 and a debt-to-equity ratio of 1.49. Whitestone REIT has a 1-year low of $10.77 and a 1-year high of $15.36. The stock has a market cap of $687.93 million, a P/E ratio of 33.13, a P/E/G ratio of 2.11 and a beta of 1.27.

Whitestone REIT Company Profile

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.