Whitestone REIT

Company Profile

Whitestone REIT had its IPO on 2010-08-26 under the ticker symbol WSR.

The company operates in the Real Estate sector and REIT-Retail industry. Whitestone REIT has a staff strength of 77 employees.

Stock update

Shares of Whitestone REIT opened at $9.9 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $9.83 - $9.91, and closed at $9.87.

This is a -0.4% slip from the previous day's closing price.

A total volume of 305,183 shares were traded at the close of the day’s session.

In the last one week, shares of Whitestone REIT have slipped by -0.8%.

Whitestone REIT's Key Ratios

Whitestone REIT has a market cap of $497.64 million, indicating a price to book ratio of 1.1872 and a price to sales ratio of 3.4714.

In the last 12-months Whitestone REIT’s revenue was $141.47 million with a gross profit of $96.47 million and an EBITDA of $76.96 million. The EBITDA ratio measures Whitestone REIT's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Whitestone REIT’s operating margin was 31.65% while its return on assets stood at 2.52% with a return of equity of 9.45%.

In Q2, Whitestone REIT’s quarterly earnings growth was a positive 149.2% while revenue growth was a positive 1.3%.

Whitestone REIT’s PE and PEG Ratio

Forward PE

0

Trailing PE

12.7051

PEG

0

Its diluted EPS in the last 12-months stands at $0.78 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Whitestone REIT’s profitability.

Whitestone REIT stock is trading at a EV to sales ratio of 8.0477 and a EV to EBITDA ratio of 14.7716. Its price to sales ratio in the trailing 12-months stood at 3.4714.

Whitestone REIT stock pays annual dividends of $0.48 per share, indicating a yield of 4.84% and a payout ratio of 27.12%.

Balance sheet and cash flow metrics

Total Assets

$1.13 billion

Total Liabilities

$38.17 million

Operating Cash Flow

$-30697000.00

Capital Expenditure

$30.70 million

Dividend Payout Ratio

27.12%

Whitestone REIT ended 2024 with $1.13 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.13 billion while shareholder equity stood at $425.44 million.

Whitestone REIT ended 2024 with $0 in deferred long-term liabilities, $38.17 million in other current liabilities, 50000.00 in common stock, $-209087000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $2.93 million and cash and short-term investments were $2.93 million. The company’s total short-term debt was $8,403,000 while long-term debt stood at $650.02 million.

Whitestone REIT’s total current assets stands at $53.80 million while long-term investments were $33.57 million and short-term investments were $0. Its net receivables were $28.46 million compared to accounts payable of $30.57 million and inventory worth $0.

In 2024, Whitestone REIT's operating cash flow was $-30697000.00 while its capital expenditure stood at $30.70 million.

Comparatively, Whitestone REIT paid $0.27 in dividends in 2024.

Other key metrics

Current Trading Price

$9.87

52-Week High

$10.6971

52-Week Low

$7.7832

Analyst Target Price

$11.6

Whitestone REIT stock is currently trading at $9.87 per share. It touched a 52-week high of $10.6971 and a 52-week low of $10.6971. Analysts tracking the stock have a 12-month average target price of $11.6.

Its 50-day moving average was $9.95 and 200-day moving average was $9.35 The short ratio stood at 3.15 indicating a short percent outstanding of 0%.

Around 665.5% of the company’s stock are held by insiders while 6327.6% are held by institutions.