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

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

A number of other equities analysts have also recently issued reports on the company. JMP Securities restated a “market outperform” rating and issued a $16.00 target price on shares of Whitestone REIT in a report on Tuesday, December 10th. Truist Financial boosted their price objective on Whitestone REIT from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Friday, November 29th.

Whitestone REIT Trading Down 0.4 %

Whitestone REIT stock opened at $13.48 on Friday. The firm has a market cap of $682.76 million, a price-to-earnings ratio of 32.88, a price-to-earnings-growth ratio of 2.13 and a beta of 1.26. Whitestone REIT has a 1 year low of $10.77 and a 1 year high of $15.36. The firm’s 50 day moving average price is $13.90 and its two-hundred day moving average price is $13.81. The company has a debt-to-equity ratio of 1.49, a quick ratio of 2.17 and a current ratio of 2.17.

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.