Whitestone REIT (NYSE:WSR) Coverage Initiated at StockNews.com

Research analysts at StockNews.com started coverage on shares of Whitestone REIT (NYSE:WSR) in a research report issued to clients and investors on Sunday. The brokerage set a “hold” rating on the real estate investment trust’s stock.

Separately, 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 report on Tuesday, March 18th.

Whitestone REIT Stock Up 1.9 %

WSR opened at $13.06 on Friday. The firm has a market cap of $664.69 million, a P/E ratio of 31.85, a price-to-earnings-growth ratio of 2.13 and a beta of 0.89. 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 has a 50 day moving average price of $13.78 and a 200 day moving average price of $13.96. Whitestone REIT has a twelve month low of $10.77 and a twelve month high of $15.36.

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.