Whitestone REIT (NYSE:WSR) Now Covered by StockNews.com

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

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

Whitestone REIT Stock Performance

Shares of Whitestone REIT stock opened at $14.52 on Friday. 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 business’s 50 day moving average price is $13.78 and its 200 day moving average price is $13.95. The company has a market cap of $738.74 million, a price-to-earnings ratio of 35.40, a PEG ratio of 2.13 and a beta of 1.29. Whitestone REIT has a one year low of $10.77 and a one 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.