Whitestone REIT (NYSE: WSR) is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country: Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio. Our centers are convenience focused: merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities. The Company believes its strong community connections and deep tenant relationships are key to the success of its current centers and its acquisition strategy.
Sunbelt Success | Whitestone REIT's strategic focus on high-growth Sunbelt markets drives outperformance in the shopping center REIT sector, leveraging favorable demographics |
Financial Resilience | Despite Q1 earnings miss, WSR maintains robust FFO guidance of $1.03-$1.07 per share for FY2025, showcasing confidence in operational efficiency |
Property Performance | Explore Whitestone's impressive 4.8% same-property growth and consistent 17%+ rent spreads, outpacing peers and demonstrating portfolio strength |
Strategic Challenges | Analyst consensus remains bullish with price targets of $14.50-$16.00, as WSR navigates external pressures and focuses on long-term value creation |
Metrics to compare | WSR | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipWSRPeersSector | |
---|---|---|---|---|
P/E Ratio | 20.7x | −64.6x | 9.0x | |
PEG Ratio | 0.77 | 0.26 | 0.01 | |
Price/Book | 1.5x | −3.3x | 0.9x | |
Price / LTM Sales | 4.2x | 4.7x | 3.9x | |
Upside (Analyst Target) | 17.9% | 3.7% | 13.3% | |
Fair Value Upside | Unlock | 9.6% | 1.2% | Unlock |