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

Equities research analysts at StockNews.com assumed coverage on shares of Whitestone REIT (NYSE:WSR) in a research note issued on Monday. The firm set a “hold” rating on the real estate investment trust’s stock.

WSR has been the subject of a number of other research reports. 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. Truist Financial upped their target price on shares of Whitestone REIT from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Friday, November 29th.

Whitestone REIT Price Performance

WSR stock opened at $13.34 on Monday. The stock’s 50 day moving average is $13.72 and its two-hundred day moving average is $13.81. Whitestone REIT has a 52-week low of $10.77 and a 52-week high of $15.36. The company has a market capitalization of $675.36 million, a PE ratio of 32.53, a P/E/G ratio of 2.13 and a beta of 1.26. The company has a quick ratio of 2.17, a current ratio of 2.17 and a debt-to-equity ratio of 1.49.

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.