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

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

WSR has been the topic of a number of other reports. Truist Financial raised their target price on Whitestone REIT from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Friday, November 29th. JMP Securities reissued a “market outperform” rating and issued a $16.00 price objective 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 company’s stock. According to MarketBeat, Whitestone REIT has an average rating of “Moderate Buy” and a consensus target price of $15.67.

Whitestone REIT Stock Performance

Shares of NYSE WSR opened at $14.01 on Monday. The company has a market capitalization of $709.55 million, a PE ratio of 34.17, a price-to-earnings-growth ratio of 2.46 and a beta of 1.26. The company has a debt-to-equity ratio of 1.49, a quick ratio of 2.17 and a current ratio of 2.17. The company’s fifty day moving average price is $14.39 and its 200 day moving average price is $13.79. Whitestone REIT has a 1 year low of $10.77 and a 1 year 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.