Whitestone REIT which can be found using ticker (WSR) now have 6 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 13 and 9.5 and has a mean target at $12.00. Now with the previous closing price of $9.02 and the analysts are correct then there would likely be a percentage uptick in value of 33.0%. The day 50 moving average is $9.37 and the 200 day moving average is $9.69. The company has a market capitalization of $454m. Find out more information at: https://www.whitestonereit.com
The potential market cap would be $604m based on the market consensus.
Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality open-air neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestone seeks to create communities that thrive through creating local connections between consumers in the surrounding communities and a well-crafted mix of national, regional and local tenants that provide daily necessities, needed services, entertainment and experiences. Whitestone is a monthly dividend paying stock and has consistently paid dividends for over 15 years. Whitestone’s strong, balanced and managed capital structure provides stability and flexibility for growth and positions Whitestone to perform well through economic cycles.
The company has a dividend yield of 5.3% with the ex dividend date set at 1-5-2023 (DMY).
Other points of data to note are a P/E ratio of 12.76, revenue per share of 2.84 and a 2.65% return on assets.
