WSR - Whitestone REIT

NYSE - NYSE Delayed Price. Currency in USD
13.76
-0.05 (-0.36%)
At close: 4:02PM EST
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Previous Close13.81
Open13.81
Bid13.76 x 800
Ask13.76 x 800
Day's Range13.70 - 13.85
52 Week Range11.50 - 14.65
Volume133,936
Avg. Volume215,916
Market Cap560.763M
Beta (5Y Monthly)1.00
PE Ratio (TTM)34.75
EPS (TTM)0.40
Earnings DateFeb 24, 2020 - Mar 01, 2020
Forward Dividend & Yield1.14 (8.37%)
Ex-Dividend DateFeb 01, 2020
1y Target Est13.50
  • GlobeNewswire

    Whitestone Sees Expansion of Thriving Businesses at Its Market Street at DC Ranch Property with the Addition of Vic and Ola’s and The Copper Club

    Well-known local owner and operator of the Soul Café in Scottsdale, AZ, Sheila Bryson brings her latest concept creations Vic & Ola’s and the Copper Club to Market Street at DC Ranch. The visionary who put the heart into Soul Café, Chef Sheila Bryson is known as one of Scottsdale's most creative entrepreneurs who has her finger on the pulse of what the Scottsdale community’s appetite has craved for more than a decade.

  • Read This Before Selling Whitestone REIT (NYSE:WSR) Shares
    Simply Wall St.

    Read This Before Selling Whitestone REIT (NYSE:WSR) Shares

    It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...

  • GlobeNewswire

    Whitestone Welcomes Two New Restaurant Concepts Oasthouse Kitchen + Bar and Keepers Restaurant to its Parkside Village South Property in Austin, Texas

    Locally famous Austin restaurant concept creators chef Amir Hajimaleki and brother Ali will be bringing two new concepts to Whitestone’s Parkside Village property in Austin, Texas. Adding another 8,043 square feet of occupancy, the brothers will be using an efficient and creative twist… operating two separate restaurant concepts utilizing one kitchen. While the Hajimaleki brothers already have an Oasthouse restaurant in Northwest Austin, Keepers is a new concept.

  • 10 High-Yield Monthly Dividend Stocks to Buy
    InvestorPlace

    10 High-Yield Monthly Dividend Stocks to Buy

    [Editor's note: "10 High-Yield Monthly Dividend Stocks to Buy" was previously published in November 2019. It has since been updated to include the most relevant information available.]Do you ever wish your dividend stocks paid out monthly rather than quarterly?For income-oriented investors who cover their monthly expenses with dividend income, it would certainly be a convenient option.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSuch stocks to buy actually do exist. In fact, they're more common than many investors may realize. They're also not crimped by catches and restrictions, and their underlying income is driven by very ordinary business models. They look just like their quarterly counterparts.With that as the backdrop, here's a rundown of ten high-yield monthly dividend stocks to buy from a variety of industries and sectors. Some are more familiar names than others, and some are bigger than others. Not all of them have been around for a great length of time either. * 10 Best Stocks to Beat the Market in 2020 In all ten cases, however, there's an attractive monthly payout in store for the foreseeable future. In no particular order… Capitala Finance (CPTA)Source: Shutterstock Dividend Yield: 11.7%Capitala Finance (NASDAQ:CPTA) primarily provides capital to smaller companies, via a combination of loans and equity investments. Its average funding ranges between $10 million and $50 million, offering investors a chance to plug into small-company opportunities that wouldn't otherwise be availableCapitala's strength is its diversity. It owns stakes in companies from the retailing, biotech, industrial, technology and consumer industries just to name a few. Its most recent investment was a piece of a human anatomy app company called Visible Body, which helps medical students and caregivers better understand how the human body physically fits together.More than that, Capitala Finance is yielding a hefty 11.7% right now. Stellus Capital Investment (SCM)Source: Shutterstock Dividend Yield: 9.4%Also add Stellus Capital Investment (NYSE:SCM) to your list of monthly dividend stocks to scoop up if you're looking for regular monthly income.Like Capitala Finance, Stellus is categorized as a business development company. And also like Capitala, Stellus is focused on so-called "middle market" outfits that may be too big or too risky for traditional loans but too small to raise funds by going public.Its portfolio includes food distributor GoodSource Solutions, home-health product provider Compass Health and business software outfit Valued Relationships Inc, just to name a few. * 10 Best Stocks to Beat the Market in 2020 It's arguably a little less risky than Capitala, in that most of its investment are in companies currently yielding a (very) positive EBITDA. The trade-off is a lower dividend yield. AGNC Investment (AGNC)Dividend Yield: 10.7%AGNC Investment (NASDAQ:AGNC) is a real estate investment trust, or REIT, primarily focused on the development of a mortgage portfolio.The bulk of the mortgages it owns are made by government-sponsored outfits like Fannie Mae and Freddie Mac. It's a lower-risk approach toward driving monthly income, though still an effective one.AGNC presently yields 10.7% thanks to the stock's slide over the last year.That pullback was largely rooted in fears that rising interest rates would crimp AGNC Investment's future cash flows, as higher interest rates are presumed to tend to crimp overall lending activity. That's only partly accurate. Higher rates can do mortgage REITs more good than harm if the underlying reason for rising rates is a strong economy. Whitestone REIT (WSR)Dividend Yield: 8.5%REITs, by the way, are pools of money that allow individuals liquid access to real estate investments that wouldn't otherwise be available to most retail investors. And a portfolio of mortgages is hardly the only way to develop a REIT.Case in point: Whitestone REIT (NYSE:WSR).Whitestone owns a portfolio of consumer-oriented real estate, primarily in more affluent neighborhoods, providing space to "ecommerce-resistant" companies like Whole Foods Market, Verizon (wireless phone service) and True Food Kitchen restaurants. * 10 Best Stocks to Beat the Market in 2020 It's a brilliant strategy, as its more than 3o% top-line growth from 2016 to 2018 shows. Whitestone's dividend yield is 8.5%, which isn't the highest among the monthly dividend stocks in focus, though it's a solid return relative to the risk shareholders are assuming. Prospect Capital (PSEC)Source: Shutterstock Dividend Yield: 11%It's not the biggest business development company in the world, but somehow Prospect Capital (NASDAQ:PSEC) is still one of the best known.Its portfolio includes several familiar names like JD Power, Capstone Logistics, ACE Cash Express and video media company Cinedigm, just to name a few.It's diversity that has helped smooth out the BDC's bottom line from time to time when it might otherwise be erratic.Either way, the market and analysts may be underestimating the true potential of Prospect. The company has met or topped earnings estimates in four of its past five quarters. Between that and its trailing dividend yield of 11%, PSEC may be a smart risk to take. Solar Senior Capital (SUNS)Dividend Yield: 8%Don't let the name fool you. Solar Senior Capital (NASDAQ:SUNS) doesn't specialize in providing capital to the solar power industry.It is another business development company, and like Prospect and Capitala, it's highly diversified in terms of industry exposure.There is a noteworthy difference between Solar Senior Capital and its BDC peers, however.The organization focuses primarily on senior secured loans of privately owned middle-market companies, which better positions it to, if nothing else, preserve capital. * 10 Best Stocks to Beat the Market in 2020 The trade-off for safety is yield. Solar Senior is only paying out 8% of the stock's current price as an annualized dividend. And it's been paying it, and adding to it, faithfully since 2011. Gladstone Investment (GAIN)Dividend Yield: 6%Source: Shutterstock Gladstone Investment (NASDAQ:GAIN) is a business development company, but it's unlike most other BDCs (and unlike any other monthly dividend stocks being discussed within this list).Whereas most of these investment companies seek to make loans, Gladstone is ultimately aiming to acquire smaller but mature companies.It's a riskier proposition, as investors have learned the hard way. The company missed its quarterly earnings estimate at the end of 2018 and shareholders have paid the price. GAIN lost about 12.4% of its value last year and missed its Q2 earnings estimate. But it's rebounded 455 this year.And there's just something compelling about the growth potential in ownership rather than merely lending. Cross Timbers Royalty Trust (CRT)Source: Shutterstock Dividend Yield: 11.4%They're a relatively rare breed these days, but oil and gas royalty investments are still around and still dishing out dividend income. Cross Timbers Royalty Trust (NYSE:CRT) is one of the remaining names of the ilk.An investment in Cross Timbers is predominantly an investment in oil and gas producing properties found in Texas, Oklahoma and New Mexico. Yes, the fluctuating price of oil and natural gas can impact the trust's bottom line, although not as much as you might think. * 10 Best Stocks to Beat the Market in 2020 The organization is merely plugged into the production of established and operational wells, and isn't directly taking on the expensive risk of exploration. Global Net Lease (GNL)Dividend Yield: 10.7%Global Net Lease (NYSE:GNL) is another REIT, primarily serving the commercial market.It owns properties in the United States and Europe, and rents to quality tenants like FedEx, Family Dollar and ING Bank, organizations that can not only reliably pay their rent as it comes due, but outfits that tend to stay put once they establish roots.There's a bit of a twist Global Net Lease brings to the table that allows it to juice its payout to its current yield of 10.7%, however. It also acquires much of its rental real estate through an arrangement called a sale-leaseback.In simplest terms, a sale-leaseback lets a property-owning company free up the value of real estate by selling a space it owns to a landlord like Global Net Lease, and then remain in that space as a tenant. It's a win-win scenario, as the renter enjoys a big cash infusion and Global Net Lease has a tenant already lined up. Horizon Technology Finance (HRZN)Dividend Yield: 9.7%Finally, Horizon Technology Finance (NASDAQ:HRZN) has earned a spot on a list of monthly dividend stocks to buy.As the name suggests, Horizon Technology Finance provides capital to young, upcoming technology outfits, though it doesn't cater strictly to the tech sector.It's also heavily involved in the development of life science and biotechnology companies.Its portfolio includes biotech names like AccuVein and Celsion, along with traditional tech plays like cybersecurity company Control Scan and communications technology player Xtera. * 10 Best Stocks to Beat the Market in 2020 Its results are as erratic as what you'd expect from major technology names, but it's worth the wild ride. Horizon's yielding 9.57 at its current price, and it has not had any sustained trouble affording its dividend payment.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 2019 Losers That Will Be 2020 Winners * 7 Safe Dividend Stocks for Investors to Buy Right Now * 5 Artificial Intelligence Stocks to Consider The post 10 High-Yield Monthly Dividend Stocks to Buy appeared first on InvestorPlace.

  • GlobeNewswire

    Whitestone REIT’s Board of Trustees Declares First Quarter 2020 Dividends

    This announcement is a reflection of the Board’s confidence in Whitestone’s ability to produce positive cash flow and increase the intrinsic value of the real estate in our portfolio despite the ongoing headwinds of hard and soft good retailer store closings and bankruptcies that continue to hamper the rest of the retail real estate industry.

  • GlobeNewswire

    Whitestone Reports the Acquisition of Las Colinas Village in Dallas

    HOUSTON, Dec. 11, 2019 -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) acquired Las Colinas Village, a 104,915 square foot center in Las Colinas, Texas, an.

  • GlobeNewswire

    Whitestone Hosts its 6th Annual Christmas Tree Lighting and Hot Cocoa Stroll Event at Market Street at DC Ranch

    The Annual Tree Lighting Ceremony at the DC Ranch property has grown enormously since its beginning in 2014 and is now the formal holiday season kick-off celebration for the DC Ranch community. The event begins with the Hot Cocoa Stroll and will feature special performances through the night by Copper Ridge Middle School Orchestra, Blazer Band and Chorus, Desert Bells International, Dickens Carolers, and our popular dance troupe from the DC Dance AZ Studio.

  • GlobeNewswire

    Whitestone Welcomes Premier Omni-Retail Brand Sephora to Village Square at Dana Park in Mesa, Arizona

    HOUSTON, Nov. 20, 2019 -- Sephora arrives at Village Square at Dana Park! Owned by LVMH Moët Hennessy Louis Vuitton, the world's leading luxury goods group, Sephora is a.

  • Thomson Reuters StreetEvents

    Edited Transcript of WSR earnings conference call or presentation 31-Oct-19 3:00pm GMT

    Q3 2019 Whitestone REIT Earnings Call

  • GlobeNewswire

    Whitestone Completes the Redevelopment Investment at Williams Trace Plaza

    HOUSTON, Nov. 13, 2019 -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced the completion of its Williams Trace Plaza Redevelopment Investment. The.

  • GlobeNewswire

    Whitestone Welcomes the Addition of Peter Tropoli as General Counsel

    Whitestone REIT (WSR) (“Whitestone” or the “Company”)  announced today the expansion of its legal team with the hiring of Peter Tropoli as General Counsel. At Whitestone, Peter will be responsible for leading the Legal Department and will be part of the Strategic Management Team reporting to CEO Jim Mastandrea. Mr. Tropoli has an extensive background in corporate law, real estate, and executive management, most recently as Senior Counsel at a Chamberlain, Hrdlicka, Whites, Williams and Aughtry Law Firm.

  • Should You Buy Whitestone REIT (NYSE:WSR) For Its Dividend?
    Simply Wall St.

    Should You Buy Whitestone REIT (NYSE:WSR) For Its Dividend?

    Dividend paying stocks like Whitestone REIT (NYSE:WSR) tend to be popular with investors, and for good reason - some...

  • Hedge Funds Are Dumping Whitestone REIT (WSR)
    Insider Monkey

    Hedge Funds Are Dumping Whitestone REIT (WSR)

    Hedge funds and other investment firms that we track manage billions of dollars of their wealthy clients' money, and needless to say, they are painstakingly thorough when analyzing where to invest this money, as their own wealth also depends on it. Regardless of the various methods used by elite investors like David Tepper and David […]

  • GlobeNewswire

    Whitestone Reports Third Quarter 2019 Results

    -Solid Results Reflect Steady Long Term Approach--Portfolio Occupancy Increases 100 Basis Points from Prior Quarter to 90.4%--100% Lease Up of Two Recent Pad Site.

  • Zacks Value Trader Highlights: Merck, Disney, Whitestone REIT, Gap and Wells Fargo
    Zacks

    Zacks Value Trader Highlights: Merck, Disney, Whitestone REIT, Gap and Wells Fargo

    Zacks Value Trader Highlights: Merck, Disney, Whitestone REIT, Gap and Wells Fargo

  • Lessons on How to Build a Million Dollar Portfolio
    Zacks

    Lessons on How to Build a Million Dollar Portfolio

    Anne Scheiber started with $5,000 and in the end her portfolio was worth $22 million. Here???s how she did it.

  • GlobeNewswire

    Whitestone Improves Tenant Mix of Providence Plaza and the Stability of Cash Flows Despite Retail Headwinds

    Whitestone REIT’s (WSR) (“Whitestone” or the “Company”) expertise in crafting the best tenant mix to meet the needs of the local community providing sustainable cash flow despite the ongoing retail headwinds is reflected by the recent additions of Sprint, The UPS Store, Iora Health (Humana), PAE, and the expansion of Vishala Grocery to Providence Plaza. Jim Mastandrea, Chairman and Chief Executive Officer, commented, “The recent bankruptcy of Forever 21 reminds us that, now more than ever, assembling the right tenant mix and improving the quality of revenues is imperative.

  • GlobeNewswire

    Whitestone Announces Non-Core Asset Sales of $39.7 Million

    Whitestone REIT (WSR) (“Whitestone” or the “Company”) continues to execute its strategic plan with the closing on the sale of three Houston non-core properties owned in a joint venture for a total sale price of $39.7 million. The sale represents a capitalization rate of 6.8% on trailing twelve month net operating income and the company expects to record a gain on sale of approximately $14 million in the fourth quarter, and net proceeds received were $12.3 million, after closing costs and repayment of debt. Whitestone expects to receive an $11 million cash distribution from its stake in the joint venture as a result of the sale, and will recycle the capital to invest in existing assets including developments and redevelopments.

  • Should You Be Concerned About Whitestone REIT's (NYSE:WSR) Historical Volatility?
    Simply Wall St.

    Should You Be Concerned About Whitestone REIT's (NYSE:WSR) Historical Volatility?

    If you own shares in Whitestone REIT (NYSE:WSR) then it's worth thinking about how it contributes to the volatility of...

  • GlobeNewswire

    Whitestone REIT Announces Third Quarter 2019 Earnings Webcast and Conference Call

    Whitestone REIT (WSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the third quarter ended September 30, 2019 after the market close on Wednesday, October 30, 2019.

  • GlobeNewswire

    Whitestone’s Investment in the Expansion of Its Fulton Ranch Town Center in Arizona Produces an 8.8% Unlevered Annual Return

    Whitestone REIT (WSR) (“Whitestone” or the “Company”) announced the 100% lease up completion of a pad site at Fulton Ranch Towne Center property in Chandler, Arizona. Purchased in 2014 at a 7.4% cap rate, the property included vacant land that Whitestone earmarked for development. Joining us at the property are Costa Vida, Jersey Mike’s, and Egg & Joe.

  • GlobeNewswire

    Whitestone REIT’s Board of Trustees Declares Fourth Quarter 2019 Dividends

    Whitestone REIT (WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of  $0.095 per share on the Company’s common shares and operating partnership units. Jim Mastandrea, Chairman and Chief Executive Officer, commented, “We are pleased to announce Whitestone’s 110th, 111th, and 112th consecutive monthly dividend distributions. Whitestone’s ‘e-commerce resistant’, service-focused, value-added small entrepreneurial tenant base business strategy continues to produce positive cash flow while increasing the intrinsic value of the real estate in our portfolio.

  • GlobeNewswire

    Whitestone REIT Wins Dismissal of Plaintiffs Class Action and Derivative Action Cases

    Whitestone REIT (WSR) (“Whitestone” or the “Company”) today announced that on August 8, 2019, the Plaintiff gave voluntary notice of dismissal in the case Canion v. Mastandrea, et al. In addition, on August 14, 2019, the Plaintiff voluntarily dismissed the case Clark, et al. v. Whitestone REIT, et al. Both of these cases – a consolidated class action lawsuit and derivative action lawsuit – were before the U.S. District Court for the Southern District of Texas, Houston Division. “We are pleased that both of these baseless lawsuits have been dropped by the respective Plaintiffs,” stated Jim Mastandrea, Chairman and Chief Executive Officer of Whitestone REIT.

  • Is Whitestone REIT (NYSE:WSR) Excessively Paying Its CEO?
    Simply Wall St.

    Is Whitestone REIT (NYSE:WSR) Excessively Paying Its CEO?

    Jim Mastandrea has been the CEO of Whitestone REIT (NYSE:WSR) since 2006. This analysis aims first to contrast CEO...

  • GlobeNewswire

    Whitestone REIT Announces 100% Lease Up and Development Completion of The Anthem Marketplace Pad Site in Arizona

    Whitestone REIT (WSR) (“Whitestone” or the “Company”) today announced the recently completed, 6,853 square foot, multi-tenant pad site at the Anthem Marketplace property in Arizona is now 100% leased. The new development is expected to generate an annual unlevered return on total cost of 10.5%, with tenant lease terms averaging 7.5 years. Jim Mastandrea, Chairman and Chief Executive Officer, commented, “This completion demonstrates the value-add component of Whitestone REIT’s ‘e-commerce resistant’ business strategy.