Whitestone REIT (NYSE:WSR) Coverage Initiated at StockNews.com

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

A number of other brokerages also recently issued reports on WSR. Truist Financial increased their price target on Whitestone REIT from $15.00 to $16.00 and gave the stock a “buy” rating in a research report on Friday, November 29th. JMP Securities reaffirmed a “market outperform” rating and set a $16.00 price objective on shares of Whitestone REIT in a research report on Tuesday, December 10th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $15.67.

Whitestone REIT Price Performance

NYSE:WSR opened at $13.34 on Wednesday. The firm’s fifty day moving average price is $14.33 and its two-hundred day moving average price is $13.83. 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 has a market cap of $675.62 million, a P/E ratio of 32.54, a P/E/G ratio of 2.46 and a beta of 1.27. Whitestone REIT has a one year low of $10.77 and a one year 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.