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

StockNews.com began coverage on shares of Whitestone REIT (NYSE:WSR) in a research report report published on Tuesday morning. The firm issued a hold rating on the real estate investment trust’s stock.

A number of other analysts have also recently issued reports on WSR. Truist Financial boosted their price objective 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 restated a “market outperform” rating and set a $16.00 target price on shares of Whitestone REIT in a report on Tuesday, December 10th.

Whitestone REIT Stock Down 0.3 %

Shares of WSR stock opened at $13.71 on Tuesday. Whitestone REIT has a 12 month low of $10.77 and a 12 month high of $15.36. The firm has a market cap of $694.51 million, a PE ratio of 33.45, a price-to-earnings-growth ratio of 2.13 and a beta of 1.26. The stock has a 50 day moving average of $13.57 and a 200-day moving average of $13.82. The company has a quick ratio of 2.17, a current ratio of 2.17 and a debt-to-equity ratio of 1.49.

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.