StockNews.com Begins Coverage on Whitestone REIT (NYSE:WSR)

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

Several other equities analysts have also recently weighed in on WSR. Truist Financial raised their price target on shares of Whitestone REIT from $15.00 to $16.00 and gave the stock a “buy” rating in a research note on Friday, November 29th. JMP Securities reaffirmed a “market outperform” rating and issued a $16.00 target price on shares of Whitestone REIT in a research report on Tuesday, December 10th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $15.67.

Whitestone REIT Stock Up 1.5 %

WSR stock opened at $14.64 on Friday. The business has a 50-day moving average of $14.33 and a 200-day moving average of $13.70. Whitestone REIT has a fifty-two week low of $10.77 and a fifty-two week high of $15.01. The stock has a market capitalization of $741.52 million, a P/E ratio of 35.71, a P/E/G ratio of 2.46 and a beta of 1.26. The company has a debt-to-equity ratio of 1.49, a current ratio of 2.17 and a quick ratio of 2.17.

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.