HOUSTON, Sept. 26, 2022 (GLOBE NEWSWIRE) — Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) immediately introduced that it’ll launch its monetary outcomes for the third quarter ended September 30, 2022 […] The post Whitestone REIT Announces Third Quarter 2022 Earnings appeared first on Businessfortnight .
HOUSTON, Sept. 19, 2022 (GLOBE NEWSWIRE) — Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) right now introduced that by its working partnership, Whitestone REIT Operating Partnership, L.P. (the “Operating […] The post Whitestone REIT Amends and Extends $515 Million Credit appeared first on Businessfortnight .
HOUSTON, Sept. 19, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that through its operating partnership, Whitestone REIT Operating Partnership, L.P. (the “Operating Partnership”), it has amended and extended its $515 million credit facility, comprised of a $250 million revolver and $265 million term loan. The facility, which can be increased to $715 million through an accordion feature is scheduled to mature, for the $250 million revolver, on September 16, 2026, with two additional six-month options to extend the maturity date to September 16, 2027, and for the $265 million term loan on January 31, 2028. Borrowings under the facility accrue interest (at the Operating Partnership''s option) at a Base Rate or an Adjusted Term SOFR plus an applicable interest rate margin based upon the Company’s then existing leverage. The revolver has an initial interest rate of SOFR plus 1.60% ( 1) and a 10 basis point credit spread adjustment. In addition, the Company entered into interest rate swaps to fix the interest rates on the $265 million term loan.
Whitestone REIT with ticker code (WSR) now have 6 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 15 and 10 calculating the mean target price we have 12.58. Given that the stocks previous close was at 9.91 this now indicates there is a potential upside of 26.9%. The day 50 moving average is 10.62 and the 200 day MA is 11.17. The market cap for the company is $497m. Visit the company website at:https://www.whitestonereit.com [stock_market_widget type="chart" template="basic" color="green" assets="WSR" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $631m based on the market concensus. Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality open-air neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestone seeks to create communities that thrive through creating local connections between consumers in the surrounding communities and a well-crafted mix of national, regional and local tenants that provide daily necessities, needed services, entertainment and experiences.
Whitestone REIT enjoys a strong portfolio of shopping centers in fast-growing and highly educated areas in the Sunbelt. See why I rate WSR stock a Buy.
Whitestone REIT found using ticker (WSR) have now 5 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 15 and 11.5 calculating the average target price we see 13.1. With the stocks previous close at 10.81 this would indicate that there is a potential upside of 21.2%. The 50 day MA is 10.74 and the 200 day MA is 11.14. The market cap for the company is $537m. Visit the company website at: https://www.whitestonereit.com [stock_market_widget type="chart" template="basic" color="green" assets="WSR" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $651m based on the market concensus. Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality open-air neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestone seeks to create communities that thrive through creating local connections between consumers in the surrounding communities and a well-crafted mix of national, regional and local tenants that provide daily necessities, needed services, entertainment and experiences.
Whitestone REIT (WSR) has joined other retail REITs in posting a Q2 consensus beat, but is trading ~5% lower after reiterating FY22 guidance.
Whitestone REIT (NYSE:NYSE:WSR) Q2 2022 Earnings Conference Call August 3, 2022, 8:00 AM ET Company Participants David Mordy - Director, Investor Relations Dave Holeman - Chief Executive…
The following slide deck was published by Whitestone REIT in conjunction with their 2022 Q2 earnings call.
Whitestone REIT press release (WSR): Q2 FFO of $0.25 beats by $0.01.Revenue of $35M (+14.4% Y/Y) beats by $0.74M.CEO comment: “We are very pleased to deliver strong second…
Whitestone REIT Tops Q2 EPS by 4c
HOUSTON, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the second quarter of 2022. Whitestone creates neighborhood center communities in its high-quality open-air shopping centers that it acquires, owns, manages, develops, and redevelops primarily in the largest, fastest-growing, high-household-income markets in the Sunbelt.
Whitestone REIT (NYSE:WSR) declares $0.04/share monthly dividend, in line with previous.Forward yield 4.37%Payable Oct. 12; for shareholders of record Oct. 4; ex-div Oct. 3.Payable Nov.
HOUSTON, July 27, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend on the Company''s common shares of $0.04 per share. The dividend represents a quarterly amount of $0.12 per share, and an annualized amount of $0.48 per share.
Whitestone REIT found using ticker (WSR) now have 5 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 15 and 13 calculating the average target price we see 13.4. Given that the stocks previous close was at 10.23 this is indicating there is a potential upside of 31.0%. The 50 day moving average now sits at 11.31 and the 200 moving average now moves to 11.01. The company has a market cap of $518m. Visit the company website at: https://www.whitestonereit.com [stock_market_widget type="chart" template="basic" color="green" assets="WSR" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $679m based on the market concensus. Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality open-air neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestone seeks to create communities that thrive through creating local connections between consumers in the surrounding communities and a well-crafted mix of national, regional and local tenants that provide daily necessities, needed services, entertainment and experiences.
HOUSTON, June 23, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the second quarter ended June 30, 2022 after the market close on Tuesday, August 2, 2022.
With shorter lease terms, WSR also enjoys above-average inflation protection, as it can raise rents along with the market rates. Read more about WSR here.
Whitestone generates strong FFO and recorded an average yield in excess of 8 percent during the last decade. Read more about WSR stock here.
Whitestone REIT found using ticker (WSR) now have 3 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 15 and 13 and has a mean target at 14.33. Given that the stocks previous close was at 11.48 this is indicating there is a potential upside of 24.8%. There is a 50 day moving average of 12.39 and the 200 day MA is 10.94. The company has a market cap of $562m. You can visit the company''s website by visiting: https://www.whitestonereit.com [stock_market_widget type="chart" template="basic" color="green" assets="WSR" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $702m based on the market concensus. Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality open-air neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestone seeks to create communities that thrive through creating local connections between consumers in the surrounding communities and a well-crafted mix of national, regional and local tenants that provide daily necessities, needed services, entertainment and experiences.
Whitestone REIT with ticker code (WSR) have now 3 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 15 and 13 with the average target price sitting at 14.33. Now with the previous closing price of 12.1 this is indicating there is a potential upside of 18.4%. The day 50 moving average is 12.63 and the 200 moving average now moves to 10.84. The company has a market capitalisation of $615m. Company Website: https://www.whitestonereit.com [stock_market_widget type="chart" template="basic" color="green" assets="WSR" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $729m based on the market concensus. Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality open-air neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestone seeks to create communities that thrive through creating local connections between consumers in the surrounding communities and a well-crafted mix of national, regional and local tenants that provide daily necessities, needed services, entertainment and experiences.
The following slide deck was published by Whitestone REIT in conjunction with this event.
Whitestones Austin/San Antonio divisions occupancy now at 97.3% Whitestones Austin/San Antonio divisions occupancy now at 97.3%
Lakeside Market is adjacent to new H-E-B flagship store due to open in Fall 2022 Lakeside Market is adjacent to new H-E-B flagship store due to open in Fall 2022
HOUSTON, July 06, 2021 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (Whitestone or the Company) today announced that it will release its financial results for the second quarter ended June 30, 2021 after the market close on Tuesday, August 3, 2021.
HOUSTON, June 29, 2021 (GLOBE NEWSWIRE) -- Whitestone REIT today announced it has welcomed Michael''s of Las Colinas restaurant as a new tenant at its Las Colinas Village neighborhood center. Michael''s of Las Colinas signed a lease for an existing 8,061-square-foot restaurant space. Whitestone''s re-merchandising of Las Colinas Village has added a tailored mix of new tenants, including Michael''s of Las Colinas, which has increased revenues by 10.1% and raised occupancy for Whitestone''s Dallas market to 91%, a 3% increase from end of first quarter 2021. Michael''s of Las Colinas, owned by well-known local serial entrepreneur Michael Caldwell, is an open, casual restaurant, bar and live entertainment venue dedicated to fresh and simple food as its menu. It is joined by recent additions to Las Colinas Village''s tailored mix of tenants, including Hudson House, The Irving Bakery, Jam + Toast, CityVet, and 9Round Fitness, who provide a diverse range of essential goods and services to the local community. "We''ve been buying in the Dallas MSA for more than a decade and continue to look for additional value-add properties in the market, and Las Colinas, with the strength of its location having a traffic count of 191,000 vehicles per day and a HHI of greater than $100,000, was perfectly positioned to upgrade the quality of revenue by re-merchandising the full tenant mix," said Whitestone Chief Executive Officer Jim Mastandrea. "This is evidenced by the 10.1% increase in revenues from our recent re-merchandising of our Las Colinas Village property. "This also highlights our
HOUSTON, June 17, 2021 (GLOBE NEWSWIRE) Whitestone REIT (NYSE:WSR) today announced that it has launched its new Easy Lease initiative, a technology-enabled expedited leasing process for entrepreneurial clients looking for sign today, move in tomorrow space. This new initiative is designed to attract a new and growing category of clients to Whitestone properties and Read More »Whitestone REIT Introduces Easy Lease Initiative Designed to Enhance Customer Experience, Increase Occupancy and Revenue in Its Texas and Arizona Properties
HOUSTON, June 17, 2021 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) today announced that it has launched its new Easy Lease initiative, a technology-enabled expedited leasing process for entrepreneurial clients looking for sign today, move in tomorrow space. This new initiative is designed to attract a new and growing category of clients to Whitestone properties and increase 18-hour/7-day-a-week traffic. It is being implemented for select properties in Whitestones portfolio, and the company plans to expand it to additional properties based on clients needs.
HOUSTON, June 11, 2021 (GLOBE NEWSWIRE) -- Whitestone REITs (NYSE:WSR) (Whitestone or the Company) Board of Trustees has declared a monthly cash dividend of $0.035833 per share on the Companys common shares and operating partnership units. The dividend amount represents a quarterly amount of $0.1075, and an annualized amount of $0.43 per share. The third quarter dividend distribution for 2021 will be as detailed below:
Whitestone REIT found using ticker (WSR) now have 2 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The target price ranges between 11 and 10.5 with the average target price sitting at 10.75. With the stocks previous close at 8.39 this is indicating there is a potential upside of 28.1%. The 50 day moving average now sits at 9.07 while the 200 day moving average is 8.83. The company has a market capitalisation of $355m. Find out more information at: /> [stock_market_widget type="chart" symbol="WSR" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality open-air neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestone seeks to create communities that thrive through creating local connections between consumers in the surrounding communities and a well-crafted mix of national, regional and local tenants that provide daily necessities, needed services, entertainment and experiences.
Whitestone REIT with ticker code (WSR) now have 2 analysts in total covering the stock. The consensus rating is ''Hold''. The range between the high target price and low target price is between 11 and 10.5 and has a mean target at 10.75. Given that the stocks previous close was at 8.28 this would imply there is a potential upside of 29.8%. The 50 day MA is 9.24 and the 200 moving average now moves to 8.8. The market cap for the company is $354m. Company Website: /> [stock_market_widget type="chart" symbol="WSR" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality open-air neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestone seeks to create communities that thrive through creating local connections between consumers in the surrounding communities and a well-crafted mix of national, regional and local tenants that provide daily necessities, needed services, entertainment and experiences.
HOUSTON, May 25, 2021 (GLOBE NEWSWIRE) -- Whitestone REIT today announced that its helpful hardware folks tenant, Pauls Ace Hardware, renewed its lease for 10 years and is expanding its square footage at Whitestones Fountain Hills Plaza property in Fountain Hills, Arizona.
Whitestone REIT with ticker code (WSR) have now 2 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 11 and 10.5 calculating the mean target price we have 10.75. With the stocks previous close at 8.5 this now indicates there is a potential upside of 26.5%. The 50 day moving average now sits at 9.42 and the 200 day MA is 8.74. The market cap for the company is $363m. You can visit the company''s website by visiting: /> [stock_market_widget type="chart" symbol="WSR" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality open-air neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestone seeks to create communities that thrive through creating local connections between consumers in the surrounding communities and a well-crafted mix of national, regional and local tenants that provide daily necessities, needed services, entertainment and experiences.
Whitestone REIT found using ticker (WSR) have now 2 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 11 and 10.5 calculating the mean target price we have 10.75. Now with the previous closing price of 8.87 this would imply there is a potential upside of 21.2%. The 50 day moving average now sits at 9.56 and the 200 day MA is 8.65. The market cap for the company is $382m. Company Website: /> [stock_market_widget type="chart" symbol="WSR" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality open-air neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestone seeks to create communities that thrive through creating local connections between consumers in the surrounding communities and a well-crafted mix of national, regional and local tenants that provide daily necessities, needed services, entertainment and experiences.
Whitestone REIT announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by…
HOUSTON, Jan. 29, 2021 (GLOBE NEWSWIRE) — Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) released the federal income tax treatment of 2020 cash distributions to holders of common shares (CUSIP 966084204). The final classifications of the distributions for 2020, which will be reported on Form 1099-DIV, are as follows: Ex-Dividend Date Record Date Payable… Read More »Whitestone REIT Announces Tax Characteristics of 2020 Distributions
HOUSTON, Nov. 23, 2020 (GLOBE NEWSWIRE) — Whitestone REIT (NYSE: WSR) is pleased to announce the addition of Firm Body Pilates Training as a new tenant to its Citadel property in North Scottsdale, Arizona. “Every moment of our life can be the beginning of great things.” — Joseph Pilates. “As the country embraces the re-opening of gyms and fitness centers in select areas across the nation, we are… Read More »Whitestone REIT Welcomes Firm Body Pilates Training Studio to its Citadel Community in Arizona
Whitestone REIT (NYSE:WSR): Q3 FFO of $0.23 in-line. Revenue of $29.9M (+0.1% Y/Y) beats by $1.38M. Press Release
Whitestone REIT (NYSE:WSR) is set to announce its earnings results after the market closes on Monday, October 26th. Analysts expect the company to announce earnings of $0.20 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link. Whitestone REIT (NYSE:WSR) last posted its quarterly earnings […]
Q3-2020 shows 97% of its tenants are now open and operating. 10 out of its 1,386 tenants have filed for bankruptcy.
HOUSTON, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Whitestone REIT’s (NYSE:WSR) (“Whitestone” or the “Company”) Board of Trustees has declared a monthly cash…
HOUSTON, Sept. 01, 2020 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) announced today that Safeway has exercised its option to extend the lease term…
TABLE OF CONTENTS Page … | August 5, 2020
HOUSTON, Aug. 05, 2020 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial…
HOUSTON, June 16, 2020 (GLOBE NEWSWIRE) -- Whitestone REIT’s (NYSE:WSR) (“Whitestone” or the “Company”) Board of Trustees has declared a monthly cash…
Hedge funds and other investment firms that we track manage billions of dollars of their wealthy clients' money, and needless to say, they are painstakingly thorough when analyzing where to invest this money, as their own wealth also depends on it. Regardless of the various methods used by elite
Whitestone REIT (NYSE:WSR) is about to trade ex-dividend in the next 4 days. You can purchase shares before the 1st of…
Whitestone REIT (WSR) declares $0.095/share monthly dividend, in line with previous. (Quarterly $0.285/share payable in three installments) Forward yield 8
Whitestone REIT (NYSE:WSR) Q1 2019 Earnings Conference Call May 02, 2019, 11:00 ET Company Participants Kevin Reed - Director, IR James Mastandrea - Chairman &a
WSR earnings call for the period ending March 31, 2019.
Whitestone REIT (WSR) enters into a note purchase and guarantee agreement with Prudential Capital Group for up to $100M of senior unsecured notes of Whites