WHITESTONEREIT

Whitestone REIT found using ticker (WSR) now have 6 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 15 and 9 with a mean TP of 12.58. Now with the previous closing price of 8.6 this would indicate that there is a potential upside of 46.3%. The 50 day MA is 9.72 and the 200 day moving average is 11.09. The company has a market capitalisation of $420m. 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 $615m 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.

https://www.investing.com/news/pro/whitestone-reit-pt-lowered-to-9-at-truist-securities-432SI-2904766

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”) 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.

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 .

https://www.investing.com/news/pro/whitestone-reit-pt-lowered-to-9-at-truist-securities-432SI-2904766

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”) 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.

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 .

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 (WSR) is scheduled to announce Q1 earnings results on Tuesday, May 3, after market close.The consensus FFO estimate is $0.08 and the consensus revenue estimate…

HOUSTON, March 28, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the first quarter ended March 31, 2022 after the market close on Tuesday, May 3, 2022.

HOUSTON (AP) _ Whitestone Reit (WSR) on Tuesday reported a key measure of profitability in its fourth quarter. The Houston-based real estate investment trust said it had funds from operations of $12.2 million, or 24 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization. The company said it had net income of $2.6 million, or 5 cents per share. The real estate investment trust, based in Houston, posted revenue of $33.3 million in the period. For the year, the company reported funds from operations of $46.6 million. Revenue was reported as $125.4 million. Whitestone expects full-year funds from operations to be 98 cents to $1.02 per share. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WSR at https://www.zacks.com/ap/WSR