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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 outperforms peers with strategic focus on high-growth markets, boasting superior rent growth and occupancy rates in Texas and Arizona |
Portfolio Prowess | Explore Whitestone's impressive 4.8% same-property growth and consistent 17%+ rent spreads, showcasing its ability to capitalize on strong market demand |
Strategic Expansion | Delve into Whitestone's acquisition strategy, enhancing its market position in key areas like Dallas MSA, now representing 18.6% of the portfolio |
Valuation Opportunity | Analysts target $16 per share, highlighting potential upside as Whitestone trades at a discount despite strong fundamentals and consistent outperformance |
Metrics to compare | WSR | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipWSRPeersSector | |
|---|---|---|---|---|
P/E Ratio | 15.4x | 4,117.7x | 8.8x | |
PEG Ratio | 0.14 | 39.78 | 0.01 | |
Price/Book | 1.6x | −2.6x | 0.9x | |
Price / LTM Sales | 4.4x | 4.6x | 3.9x | |
Upside (Analyst Target) | 12.2% | 12.2% | 14.5% | |
Fair Value Upside | Unlock | −5.2% | −0.3% | Unlock |