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

Equities research analysts at StockNews.com started coverage on shares of Whitestone REIT (NYSE:WSR) in a research report issued to clients and investors on Saturday. The firm set a “hold” rating on the real estate investment trust’s stock.

Several other research firms also recently commented on WSR. Truist Financial upped their target price on Whitestone REIT from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Friday, November 29th. JMP Securities restated a “market outperform” rating and issued a $16.00 price target on shares of Whitestone REIT in a research note on Tuesday, December 10th.

Whitestone REIT Price Performance

Shares of WSR opened at $13.48 on Friday. The firm has a market capitalization of $682.76 million, a PE ratio of 32.88, a PEG ratio of 2.15 and a beta of 1.26. The company has a debt-to-equity ratio of 1.49, a current ratio of 2.17 and a quick ratio of 2.17. The company’s 50-day moving average is $13.90 and its 200-day moving average is $13.81. Whitestone REIT has a fifty-two week low of $10.77 and a fifty-two week high of $15.36.

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.