Press coverage about Whitestone REIT (NYSE:WSR) has been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Whitestone REIT earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 45.5128590954726 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
NYSE WSR opened at $12.49 on Friday. Whitestone REIT has a 1-year low of $10.06 and a 1-year high of $15.15. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.13 and a quick ratio of 1.13. The company has a market cap of $490.27 million, a price-to-earnings ratio of 9.99 and a beta of 1.04.
The firm also recently declared a monthly dividend, which will be paid on Thursday, July 12th. Investors of record on Tuesday, July 3rd will be paid a dividend of $0.095 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 9.13%. The ex-dividend date is Monday, July 2nd. Whitestone REIT’s dividend payout ratio is currently 91.20%.
WSR has been the topic of a number of recent research reports. Zacks Investment Research raised Whitestone REIT from a “sell” rating to a “hold” rating in a research note on Saturday, May 5th. ValuEngine raised Whitestone REIT from a “sell” rating to a “hold” rating in a report on Wednesday, May 9th. B. Riley set a $13.00 target price on Whitestone REIT and gave the company a “buy” rating in a report on Monday, March 5th. Maxim Group reissued a “buy” rating and issued a $16.00 target price on shares of Whitestone REIT in a report on Tuesday, May 8th. Finally, SunTrust Banks downgraded Whitestone REIT from a “hold” rating to a “sell” rating and set a $10.00 price objective on the stock. in a research note on Friday, March 2nd. Two analysts have rated the stock with a sell rating, two have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $13.20.
About Whitestone REIT
Whitestone is a community-centered retail REIT that acquires, owns, manages, develops and redevelops high quality ?E-commerce resistant? neighborhood, community and lifestyle retail centers principally located in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestone's mix of national, regional and local tenants provides daily necessities, needed services and entertainment not typically readily available online to their respective communities.
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.com's FREE daily email newsletter.