Whitestone REIT (NYSE:WSR) Now Covered by Analysts at StockNews.com

Stock analysts at StockNews.com began coverage on shares of Whitestone REIT (NYSE:WSR) in a research note issued to investors on Wednesday. The brokerage set a “hold” rating on the real estate investment trust’s stock.

A number of other research analysts have also weighed in on the stock. JMP Securities reissued a “market outperform” rating and set a $16.00 price target on shares of Whitestone REIT in a research report 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 report on Friday, November 29th.

Whitestone REIT Stock Down 0.9 %

Shares of NYSE WSR opened at $14.13 on Wednesday. The company has a debt-to-equity ratio of 1.49, a current ratio of 2.17 and a quick ratio of 2.17. The company has a 50-day moving average price of $13.57 and a 200-day moving average price of $13.85. Whitestone REIT has a 1 year low of $10.77 and a 1 year high of $15.36. The stock has a market capitalization of $715.37 million, a P/E ratio of 34.45, a P/E/G ratio of 2.13 and a beta of 1.29.

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.