Whitestone REIT with ticker code (WSR) have now 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 15 and 13 with the average target price sitting at 14.33. Now with the previous closing price of 12.1 this is indicating there is a potential upside of 18.4%. The day 50 moving average is 12.63 and the 200 moving average now moves to 10.84. The company has a market capitalisation of $615m. Company Website: https://www.whitestonereit.com
The potential market cap would be $729m 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.
