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

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

Several other equities research analysts have also weighed in on the stock. JMP Securities reiterated a “market outperform” rating and set a $16.00 price objective on shares of Whitestone REIT in a research note on Tuesday, December 10th. Truist Financial raised their price target on shares of Whitestone REIT from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Friday, November 29th.

Whitestone REIT Price Performance

WSR opened at $13.38 on Monday. The firm has a market cap of $677.74 million, a price-to-earnings ratio of 32.64, a price-to-earnings-growth ratio of 2.13 and a beta of 1.26. Whitestone REIT has a fifty-two week low of $10.77 and a fifty-two week high of $15.36. The company’s 50-day moving average price is $13.65 and its 200 day moving average price is $13.81. The company has a quick ratio of 2.17, a current ratio of 2.17 and a debt-to-equity ratio of 1.49.

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.