WSR / Whitestone REIT: Implied Cap Rate Over 9% Screams Opportunity

Whitestone REIT (NYSE:WSR ) Q3 2023 Earnings Conference Call November 1, 2023 8:00 AM ET Company Participants David Mordy - Director of Investor Relat more_horizontal

Whitestone (WSR) witnessed a jump in share price last session on above-average trading volume. The latest trend in FFO estimate revisions for the stoc more_horizontal

HOUSTON, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it will release it more_horizontal

Although the revenue and EPS for Whitestone (WSR) give a sense of how its business performed in the quarter ended June 2023, it might be worth conside more_horizontal

Whitestone (WSR) came out with quarterly funds from operations (FFO) of $0.21 per share, beating the Zacks Consensus Estimate of $0.19 per share. This more_horizontal

Whitestone REIT owns and operates 57 open-air retail centers in the Sun Belt markets, with a diversified tenant strategy that includes service-oriente more_horizontal

Whitestone REIT owns service-oriented strip malls in fast growing cities of the Sunbelt. It has a strong tenant mix and trades at an implied cap rate more_horizontal

Whitestone REIT focuses on service-oriented strip malls in rapidly growing cities in the Sunbelt, benefiting from population and job growth. The compa more_horizontal