2 weeks Ago By Defense World Staff
Whitestone REIT ( NYSE:WSR – Get Free Report ) declared a monthly dividend on Wednesday, September 4th, NASDAQ reports. Stockholders of record on Wednesday, October 2nd will be given a dividend of 0.0413 per share by the real estate investment trust on Thursday, October 10th.
This represents a $0.50 annualized dividend and a dividend yield of 3.68%.
The ex-dividend date is Wednesday, October 2nd. Whitestone REIT has raised its dividend by an average of 10.1% per year over the last three years.
Whitestone REIT has a payout ratio of 49.0% indicating that its dividend is sufficiently covered by earnings. Analysts expect Whitestone REIT to earn $1.
08 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 46.3%.
Whitestone REIT Stock Performance Shares of WSR opened at $13.44 on Monday. The firm has a market capitalization of $672.
81 million, a PE ratio of 28.00, a P/E/G ratio of 2.22 and a beta of 1.
27. The company has a quick ratio of 1.93, a current ratio of 1.
93 and a debt-to-equity ratio of 1.57. The firm has a 50-day moving average price of $13.
38 and a 200 day moving average price of $12.81. Whitestone REIT has a 52-week low of $9.
07 and a 52-week high of $14.48. Insider Transactions at Whitestone REIT Wall Street Analyst Weigh In Several research firms have recently issued reports on WSR.
JMP Securities reiterated a “market outperform” rating and issued a $15.00 price objective on shares of Whitestone REIT in a report on Thursday, September 19th. Truist Financial upped their target price on Whitestone REIT from $14.
00 to $15.00 and gave the stock a “buy” rating in a research report on Tuesday, August 13th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.
Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $15.00.
Check Out Our Latest Stock Analysis on WSR Whitestone REIT Company Profile ( Get Free Report ) Whitestone REIT (NYSE: WSR) is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country: Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio. Our centers are convenience focused: merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities. Featured Stories Five stocks we like better than Whitestone REIT How to Invest in Blue Chip Stocks Top 5 ETFs to Own Now and Into 2025 The 3 Best Retail Stocks to Shop for in August Watch These 3 Former Short-Squeeze Stocks for a Big Rally Why is the Ex-Dividend Date Significant to Investors? Simon Property REIT: A Safe Bet for Growth and Steady Dividends Receive News & Ratings for Whitestone REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whitestone REIT and related companies with MarketBeat.
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