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 Stronghold | Whitestone REIT's strategic focus on high-growth Sunbelt markets drives outperformance, with rent growth of 5.2% vs. 3.4% national average |
Navigating Takeovers | Explore WSR's response to multiple acquisition offers, including a $15 per share bid, and the board's confidence in the company's intrinsic value |
Financial Resilience | Delve into WSR's robust performance, with Q3 2024 adjusted FFO of $0.25 per share and projected 9% earnings growth over two years |
Strategic Vision | Learn about WSR's initiatives in asset recycling, leverage reduction, and remerchandising efforts to enhance shareholder value and portfolio quality |
Metrics to compare | WSR | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipWSRPeersSector | |
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P/E Ratio | 18.1x | −14.6x | 8.4x | |
PEG Ratio | 0.20 | 0.37 | 0.01 | |
Price/Book | 1.5x | 1.0x | 0.9x | |
Price / LTM Sales | 4.4x | 7.2x | 3.6x | |
Upside (Analyst Target) | 20.9% | 13.1% | 19.4% | |
Fair Value Upside | Unlock | 5.3% | 3.1% | Unlock |