Whitestone REIT (NYSE:WSR – Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 1.030-1.070 for the period, compared to the consensus estimate of 1.080. The company issued revenue guidance of -.
Analysts Set New Price Targets
A number of analysts have recently weighed in on WSR shares. JMP Securities reaffirmed a “market outperform” rating and set a $16.00 price target on shares of Whitestone REIT in a report on Tuesday, December 10th. StockNews.com assumed coverage on shares of Whitestone REIT in a research note on Tuesday. They set a “hold” rating for the company. Finally, Truist Financial increased their target price on shares of Whitestone REIT from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Friday, November 29th.
Whitestone REIT Trading Up 3.5 %
Whitestone REIT Increases Dividend
The firm also recently declared a monthly dividend, which will be paid on Tuesday, March 11th. Investors of record on Monday, March 3rd will be paid a $0.045 dividend. This is a positive change from Whitestone REIT’s previous monthly dividend of $0.04. The ex-dividend date is Monday, March 3rd. This represents a $0.54 dividend on an annualized basis and a yield of 3.84%. Whitestone REIT’s dividend payout ratio (DPR) is presently 131.71%.
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.
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