The closing price of Whitestone REIT (NYSE: WSR) was $11.14 for the day, down -5.11% from the previous closing price of $11.74. In other words, the price has decreased by -$0.60 from its previous closing price. On the day, 540080 shares were traded.
Ratios:
Our analysis of WSR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.29. In the meantime, Its Debt-to-Equity ratio is 1.55 whereas as Long-Term Debt/Eq ratio is at 1.39.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Alliance Global Partners on March 18, 2024, initiated with a Buy rating and assigned the stock a target price of $15.
On January 16, 2024, Truist Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $11 to $13.50.
On August 30, 2022, Truist started tracking the stock assigning a Hold rating and target price of $10.Truist initiated its Hold rating on August 30, 2022, with a $10 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 05 ’23 when Feng Amy Shih-Hua bought 3,900 shares for $8.47 per share. The transaction valued at 33,033 led to the insider holds 12,642 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WSR now has a Market Capitalization of 586.52M and an Enterprise Value of 1.22B. As of this moment, Whitestone’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.25, and their Forward P/E ratio for the next fiscal year is 24.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.76 while its Price-to-Book (P/B) ratio in mrq is 1.34. Its current Enterprise Value per Revenue stands at 8.27 whereas that against EBITDA is 14.25.
Stock Price History:
Over the past 52 weeks, WSR has reached a high of $13.12, while it has fallen to a 52-week low of $8.21. The 50-Day Moving Average of the stock is 12.29, while the 200-Day Moving Average is calculated to be 10.99.
Shares Statistics:
WSR traded an average of 350.25K shares per day over the past three months and 339.87k shares per day over the past ten days. A total of 49.61M shares are outstanding, with a floating share count of 43.65M. Insiders hold about 12.63% of the company’s shares, while institutions hold 63.59% stake in the company. Shares short for WSR as of Mar 15, 2024 were 921.31k with a Short Ratio of 2.92, compared to 909.74k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.84% and a Short% of Float of 2.33%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.48, WSR has a forward annual dividend rate of 0.48. Against a Trailing Annual Dividend Yield of 4.09%, it implies a Forward Annual Dividend Yield of 4.05%. The stock’s 5-year Average Dividend Yield is 6.85.
Earnings Estimates
The firm’s stock currently is rated by 2 analysts. On average, analysts expect EPS of $0.06 for the current quarter, with a high estimate of $0.08 and a low estimate of $0.05, while EPS last year was $0.08. The consensus estimate for the next quarter is $0.08, with high estimates of $0.09 and low estimates of $0.07.
Analysts are recommending an EPS of between $0.29 and $0.29 for the fiscal current year, implying an average EPS of $0.29. EPS for the following year is -$0.02, with 2 analysts recommending between $0.41 and -$0.46.
Revenue Estimates
A total of 3 analysts have provided revenue estimates for WSR’s current fiscal year. The highest revenue estimate was $153.8M, while the lowest revenue estimate was $151.7M, resulting in an average revenue estimate of $152.75M. In the same quarter a year ago, actual revenue was $146.97M, up 3.90% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $158.97M in the next fiscal year. The high estimate is $160.2M and the low estimate is $156.51M. The average revenue growth estimate for next year is up 4.10% from the average revenue estimate for this year.
