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

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

Other analysts have also issued research reports about the company. Truist Financial upped their price objective on Whitestone REIT from $15.00 to $16.00 and gave the company a “buy” rating in a report on Tuesday, March 18th. JMP Securities reiterated a “market outperform” rating and set a $16.00 price target on shares of Whitestone REIT in a report on Tuesday, December 10th.

Whitestone REIT Stock Performance

WSR stock opened at $13.52 on Friday. The company has a 50-day simple moving average of $13.87 and a 200 day simple moving average of $13.98. The company has a market capitalization of $688.30 million, a P/E ratio of 32.99, a PEG ratio of 2.13 and a beta of 1.29. Whitestone REIT has a fifty-two week low of $10.77 and a fifty-two week high of $15.36. The company has a quick ratio of 2.17, a current ratio of 2.17 and a debt-to-equity ratio of 1.49.

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.