Whitestone REIT (NYSE:WSR) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Whitestone REIT (NYSE:WSR) in a research note issued to investors on Sunday. The brokerage set a “hold” rating on the real estate investment trust’s stock.

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

Whitestone REIT Price Performance

Whitestone REIT stock opened at $14.26 on Friday. The company has a market capitalization of $722.21 million, a price-to-earnings ratio of 34.78, a PEG ratio of 2.46 and a beta of 1.26. The stock’s 50 day moving average is $14.42 and its 200-day moving average is $13.75. 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 12 month low of $10.77 and a 12 month high of $15.36.

About Whitestone REIT

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.