Whitestone REIT found using ticker (WSR) have now 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 13 and 10 and has a mean target at 12. Now with the previous closing price of 10.21 this indicates there is a potential upside of 17.5%. There is a 50 day moving average of 9.71 while the 200 day moving average is 10.35. The market capitalisation for the company is $515m. Company Website: https://www.whitestonereit.com
The potential market cap would be $606m 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.
