Whitestone REIT found using ticker (WSR) now have 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 14 and 9 with a mean TP of 12. Given that the stocks previous close was at 9.41 this would imply there is a potential upside of 27.5%. The 50 day moving average now sits at 9.1 while the 200 day moving average is 10.98. The company has a market cap of $469m. You can visit the company’s website by visiting: https://www.whitestonereit.com
The potential market cap would be $598m 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.
