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

Equities researchers at StockNews.com began coverage on shares of Whitestone REIT (NYSE:WSR) in a report issued on Sunday. The brokerage set a “hold” rating on the real estate investment trust’s stock.

WSR has been the topic of a number of other reports. JMP Securities reissued a “market outperform” rating and issued a $16.00 price target on shares of Whitestone REIT in a report on Tuesday, December 10th. Truist Financial boosted their price target on Whitestone REIT from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Friday, November 29th.

Whitestone REIT Trading Down 1.3 %

Shares of NYSE:WSR opened at $13.57 on Friday. The stock has a 50 day moving average of $13.82 and a 200 day moving average of $13.80. The company has a market cap of $687.07 million, a PE ratio of 33.09, a price-to-earnings-growth ratio of 2.15 and a beta of 1.26. The company has a current ratio of 2.17, a quick ratio of 2.17 and a debt-to-equity ratio of 1.49. Whitestone REIT has a 12-month low of $10.77 and a 12-month 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.