Whitestone REIT (NYSE:WSR – Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided EPS guidance of 1.030-1.070 for the period, compared to the consensus EPS estimate of 1.080. The company issued revenue guidance of -.
Analysts Set New Price Targets
Several analysts have recently weighed in on the stock. StockNews.com began coverage on shares of Whitestone REIT in a research note on Tuesday. They issued a “hold” rating for the company. JMP Securities reiterated a “market outperform” rating and issued a $16.00 price objective on shares of Whitestone REIT in a report on Tuesday, December 10th. Finally, Truist Financial raised their target price on Whitestone REIT from $15.00 to $16.00 and gave the company a “buy” rating in a report on Friday, November 29th.
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Whitestone REIT Trading Down 0.4 %
Whitestone REIT Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Tuesday, March 11th. Investors of record on Monday, March 3rd will be paid a dividend of $0.045 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.54 dividend on an annualized basis and a dividend yield of 3.98%. Whitestone REIT’s payout ratio is 131.71%.
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.
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