Whitestone REIT (NYSE:WSR) Coverage Initiated at StockNews.com

Analysts at StockNews.com began coverage on shares of Whitestone REIT (NYSE:WSR) in a note issued to investors on Thursday. The firm set a “hold” rating on the real estate investment trust’s stock.

A number of other equities analysts also recently commented on WSR. JMP Securities reaffirmed a “market outperform” rating and issued a $16.00 price objective on shares of Whitestone REIT in a report on Tuesday, December 10th. Truist Financial boosted their price objective on shares of Whitestone REIT from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Tuesday.

Whitestone REIT Trading Down 1.3 %

Shares of NYSE WSR opened at $14.32 on Thursday. The stock has a market capitalization of $725.00 million, a P/E ratio of 34.92, a PEG ratio of 2.13 and a beta of 1.29. The stock’s 50 day moving average price is $13.67 and its two-hundred day moving average price is $13.89. The company has a quick ratio of 2.17, a current ratio of 2.17 and a debt-to-equity ratio of 1.49. Whitestone REIT has a 52-week low of $10.77 and a 52-week high of $15.36.

About Whitestone REIT

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.