News articles about Whitestone REIT (NYSE:WSR) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Whitestone REIT earned a news impact score of 0.05 on Accern’s scale. Accern also assigned media headlines about the real estate investment trust an impact score of 45.2904676272925 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Head to Head Review: Whitestone REIT (WSR) versus Excel Trust (EXL) (americanbankingnews.com)
- Financial Review: Whitestone REIT (WSR) vs. its Rivals (americanbankingnews.com)
- Whitestone REIT breached its 50 day moving average in a Bullish Manner : WSR-US : September 8, 2017 (finance.yahoo.com)
- New Qatar port aims to ‘break shackles’ of boycott (fishinghd.com)
A number of research analysts have recently issued reports on WSR shares. FBR & Co reaffirmed an “outperform” rating and issued a $14.00 price objective on shares of Whitestone REIT in a research report on Tuesday, July 11th. ValuEngine raised shares of Whitestone REIT from a “hold” rating to a “buy” rating in a research report on Thursday, August 3rd. Zacks Investment Research downgraded shares of Whitestone REIT from a “hold” rating to a “sell” rating in a research report on Friday, August 18th. Ladenburg Thalmann Financial Services reaffirmed a “hold” rating on shares of Whitestone REIT in a research report on Monday, May 22nd. Finally, Maxim Group reaffirmed a “buy” rating and issued a $20.00 price objective on shares of Whitestone REIT in a research report on Wednesday, June 14th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $14.25.
Shares of Whitestone REIT (NYSE WSR) traded up 0.74% on Tuesday, hitting $13.60. 1,214,040 shares of the stock were exchanged. Whitestone REIT has a 52-week low of $10.80 and a 52-week high of $14.78. The company’s 50 day moving average is $12.80 and its 200-day moving average is $12.78. The stock has a market cap of $523.91 million, a PE ratio of 94.44 and a beta of 0.93.
Whitestone REIT (NYSE:WSR) last issued its earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.31 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.26 by $0.05. The firm had revenue of $30.20 million for the quarter, compared to analysts’ expectations of $30.68 million. Whitestone REIT had a net margin of 4.36% and a return on equity of 1.69%. The firm’s revenue was up 20.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.32 earnings per share. Analysts predict that Whitestone REIT will post $0.28 EPS for the current fiscal year.
The company also recently announced a monthly dividend, which will be paid on Wednesday, September 13th. Investors of record on Tuesday, September 5th will be issued a $0.095 dividend. The ex-dividend date is Thursday, August 31st. This represents a $1.14 annualized dividend and a yield of 8.44%. Whitestone REIT’s dividend payout ratio (DPR) is 876.99%.
In other news, Director Paul T. Lambert bought 3,000 shares of Whitestone REIT stock in a transaction that occurred on Tuesday, August 29th. The shares were purchased at an average price of $12.29 per share, with a total value of $36,870.00. Following the completion of the acquisition, the director now directly owns 51,918 shares in the company, valued at $638,072.22. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 5.29% of the stock is owned by company insiders.
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Whitestone REIT Company Profile
Whitestone REIT is a real estate investment trust. The Company is engaged in owning and operating commercial properties in culturally diverse markets in various metropolitan areas. The Company’s acquisition targets are located in densely populated, culturally diverse neighborhoods, primarily in and around Austin, Chicago, Dallas-Fort Worth, Houston, Phoenix and San Antonio.
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