FMP
Whitestone REIT
WSR
NYSE
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.
13.41 USD
-0.17 (-1.27%)
Seeking Alpha
Aug 11, 2024
Shopping center ownership and leasing is influenced by supply and demand, with imbalances presenting investment opportunities. Migration to the Sunbelt region during the pandemic accelerated trends, impacting demand for apartments and shopping centers. Sunbelt markets have seen increased demand for retail space, with limited supply leading to higher pricing and reduced vacancy rates.
Seeking Alpha
Aug 2, 2024
Since November last year, when I issued a bullish article on WSR, the stock has surged higher, benefiting from favorable court ruling and solid financial performance. Despite strong same store NOI growth and occupancy rates, WSR's leasing spreads and occupancy levels have been declining. WSR continues to also carry a high leverage, which limits its M&A options and its overall growth potential.
Zacks Investment Research
Jul 31, 2024
Whitestone (WSR) came out with quarterly funds from operations (FFO) of $0.24 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to FFO of $0.21 per share a year ago.
Seeking Alpha
Jul 13, 2024
REITs have been in a bear market for two years. But we recently had some excellent news that suggests that REITs could soon recover. I present some of my favorite opportunities to buy today.
GlobeNewsWire
Jul 10, 2024
HOUSTON, July 10, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the second quarter ended June 30, 2024 after the market close on Wednesday, July 31, 2024.
Seeking Alpha
Jul 8, 2024
Whitestone REIT offers long-term growth prospects with positive leasing spreads and potential for organic growth and acquisitions. The trust has a low payout ratio, growing dividend, and attractive valuation, making it a compelling investment for passive income investors. Whitestone REIT's concentrated portfolio in strong markets like Texas and Arizona, along with favorable market dynamics, indicates potential for sustained rental growth and outperformance.
Seeking Alpha
Jul 6, 2024
Monthly Mailbox Money (Who Doesn't Like Steady Dividends?)
Seeking Alpha
Jun 27, 2024
Many investors fear that REITs will crash if we hit a recession. But I expect the opposite. As weird as it may sound, I think that a recession would benefit REITs.
Seeking Alpha
Jun 14, 2024
Small-cap REITs can be profitable investments, with the potential for acquisition or growth to become industry giants. Three small-cap REITs to consider are Alpine Income Property Trust, Plymouth Industrial, and Whitestone REIT. Each REIT has unique strengths and opportunities for growth, making them speculative buys with potential for long-term returns.
GlobeNewsWire
May 29, 2024
HOUSTON, May 29, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that CEO Dave Holeman will participate in a “Fireside Chat” at Nareit's 2024 REITweek Investor Conference. Mr. Holeman will be hosted by Citizens JMP Analyst Mitch Germain.