Whitestone REIT with ticker code (WSR) now have 6 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 13 and 9.5 calculating the mean target price we have $12.00. Now with the previous closing price of $8.91 this now indicates there is a potential upside of 34.7%. There is a 50 day moving average of $9.08 and the 200 day moving average is $9.61. The company has a market capitalization of $439m. You can visit the company’s website by visiting: https://www.whitestonereit.com
The potential market cap would be $591m based on the market consensus.
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. The Company believes its strong community connections and deep tenant relationships are key to the success of its current centers and its acquisition strategy.
The company has a dividend yield of 5.48% with the ex dividend date set at 1-6-2023 (DMY).
Other points of data to note are a P/E ratio of 12.34, revenue per share of 2.84 and a 2.65% return on assets.
