JMP Securities Reiterates “Market Outperform” Rating for Whitestone REIT (NYSE:WSR)

Whitestone REIT (NYSE:WSR)‘s stock had its “market outperform” rating reissued by JMP Securities in a research note issued to investors on Tuesday,Benzinga reports. They currently have a $16.00 price objective on the real estate investment trust’s stock. JMP Securities’ price target indicates a potential upside of 11.03% from the stock’s current price.

A number of other research analysts have also weighed in on WSR. StockNews.com initiated coverage on shares of Whitestone REIT in a research note on Friday. They issued a “hold” rating on the stock. Truist Financial upped their target price on shares of Whitestone REIT from $15.00 to $16.00 and gave the stock a “buy” rating in a research note on Friday, November 29th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $15.67.

Whitestone REIT Trading Up 0.3 %

NYSE:WSR traded up $0.04 on Tuesday, reaching $14.41. The company’s stock had a trading volume of 37,717 shares, compared to its average volume of 312,483. The firm has a market cap of $729.87 million, a PE ratio of 35.15, a PEG ratio of 2.41 and a beta of 1.26. The company has a debt-to-equity ratio of 1.49, a quick ratio of 2.17 and a current ratio of 2.17. The business’s 50-day moving average price is $14.24 and its two-hundred day moving average price is $13.65. Whitestone REIT has a 1-year low of $10.77 and a 1-year high of $15.01.

Whitestone REIT Company Profile

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.