Whitestone REIT with ticker code (WSR) now have 2 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 12 and 10.5 and has a mean target at 11.25. With the stocks previous close at 10.14 this now indicates there is a potential upside of 10.9%. There is a 50 day moving average of 9.91 and the 200 day MA is 9.38. The company has a market cap of $493m. Company Website: https://www.whitestonereit.com
The potential market cap would be $547m based on the market concensus.
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.
