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Whitestone REIT Announces Tax Characteristics of 2025 Distributions
Globenewswire· 2026-01-27 21:15
HOUSTON, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) released the federal income tax treatment of 2025 cash distributions to holders of common shares (CUSIP 966084204). The final classifications of the distributions for 2025, which will be reported on Form 1099-DIV, are as follows: Ex-Dividend DateRecord DatePayable DateTotal Distribution Per ShareOrdinary DividendsTotal Capital Gain DistributionUnrecaptured Sec 1250 Gain (1)Return of Capital (Nontaxable Dis ...
Whitestone REIT Announces Fourth Quarter 2025 Earnings Webcast and Conference Call
Globenewswire· 2026-01-27 12:00
HOUSTON, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the fourth quarter and full year ended December 31, 2025 after the market close on Wednesday, February 25, 2026. The Company will host a webcast and conference call to discuss the results on Thursday, February 26, 2026, at 8:30 A.M. Eastern Time. The call will be led by Dave Holeman, Chief Executive Officer. The webcast and conference call acces ...
Whitestone REIT: Sun Belt Focus, Improving Fundamentals, And Buyout Upside (NYSE:WSR)
Seeking Alpha· 2026-01-22 09:56
Whitestone REIT ( WSR ) has a solid portfolio of shopping spaces with 100% Sun Belt exposure, currently offering an opportunity to buy them below a fair value while still having potential to improve, and anI've been researching companies in-depth for over a decade, from commodities like oil, natural gas, gold and copper to tech like Google or Nokia and many emerging market stocks, which I believe could help me provide useful content for readers. After writing my own blog for about 3 years, I decided to swit ...
Whitestone REIT: Sun Belt Focus, Improving Fundamentals, And Buyout Upside
Seeking Alpha· 2026-01-22 09:56
Group 1 - Whitestone REIT (WSR) has a solid portfolio of shopping spaces with 100% Sun Belt exposure, currently offering an opportunity to buy them below fair value while still having potential to improve [1] - The company is positioned in a favorable market, which may enhance its growth prospects in the future [1] Group 2 - The analyst has been researching companies across various sectors for over a decade, indicating a broad expertise that may benefit the analysis of WSR [1] - The focus on value investing suggests a strategic approach to identifying undervalued assets within the real estate investment trust sector [1]
MCB seeks response on Whitestone REIT purchase offer (WSR:NYSE)
Seeking Alpha· 2026-01-07 22:24
MCB Real Estate said it's seeking a response from Whitestone REIT's (WSR) board regarding its $15.20 a share cash offer made in November. "We stand ready to consummate the proposed acquisition of Whitestone for $15.20 per share – and are willing to consider increasing ...
MCB Real Estate Requests Response from Whitestone REIT Board of Trustees Regarding Compelling, All-Cash Acquisition Proposal
Prnewswire· 2026-01-07 21:15
Core Viewpoint - MCB Real Estate is committed to acquiring all outstanding shares of Whitestone REIT for $15.20 per share in cash, representing a 21.0% premium over the unaffected share price, and is prepared to take necessary actions to maximize shareholder value [1][2][4]. Group 1: Acquisition Proposal - MCB Real Estate has proposed to acquire Whitestone REIT at a price of $15.20 per share, with no financing contingency [1]. - The proposal represents a 21.0% premium to Whitestone's unaffected share price as of November 3, 2025 [2]. - MCB has not received a response from Whitestone's Board regarding the acquisition proposal submitted over two months ago [2]. Group 2: Shareholder Engagement - MCB holds approximately 9.2% of Whitestone's outstanding shares and urges the Board to act in the best interests of all shareholders by engaging with MCB [2][4]. - The company expresses frustration over the Board's inaction and emphasizes the need for a public strategic alternatives process [5]. Group 3: Board Accountability - MCB asserts that the incumbent Board has not made meaningful progress in addressing the company's value gap or underperformance relative to peers [4]. - The company plans to vote against all incumbent Whitestone directors at the next Annual Meeting of Shareholders if no action is taken [4]. Group 4: Company Background - MCB Real Estate, founded in 2007, is a national commercial real estate investment management and development firm with approximately $4 billion in assets under management [6]. - The firm manages a diverse portfolio totaling around 20 million square feet, with 6 million square feet in its development pipeline [6].
James C. Mastandrea Announces Proposal to Replace Whitestone REIT Board After Years of Underperformance
Globenewswire· 2026-01-05 21:30
Core Viewpoint - James C. Mastandrea, a significant shareholder of Whitestone REIT, plans to nominate a new slate of independent trustees to replace the current Board of Trustees, citing underperformance and failure to maximize shareholder interests as key reasons for this decision [1][2][3]. Company Performance - Whitestone's stock has produced subpar returns in recent years, with its price fluctuating in the single digits to mid-teens since early 2022, indicating a persistent discount to its net asset value (NAV) [3][4]. - The company has failed to capitalize on favorable market conditions in high-growth areas like Texas and Arizona, leading to a valuation gap attributed to strategic missteps and poor oversight [5][6]. Governance and Management Issues - Concerns regarding the current Board and management include weak share-price performance, modest dividend growth, and an inability to scale the asset base effectively [7][9]. - The management team has overseen a reduction in the number of properties and gross leasable square footage, with the portfolio shrinking from 53 properties and approximately 4.9 million square feet in late 2021 to 50 properties and approximately 4.8 million square feet by late 2025 [6]. - The current management has engaged in costly litigation and mismanaged the balance sheet, including issuing equity below NAV and failing to enhance shareholder value [8][9]. Proposed Changes - Mastandrea intends to nominate six independent trustee candidates with extensive experience in real estate and capital markets to restore accountability and improve the company's strategy [10]. - A refreshed Board and leadership team could potentially close the valuation discount and enhance returns through better oversight and strategic alternatives, including a possible sale or liquidation of properties [11]. Shareholder Engagement - Mastandrea encourages shareholders to review the company's performance since 2021 and looks forward to engaging with them regarding his nominees and strategic plans for the upcoming annual meeting [12].
WSR Rewards Investors With 5.6% Dividend Hike: Is it Sustainable?
ZACKS· 2025-12-22 17:56
Core Insights - Whitestone REIT (WSR) has declared a quarterly cash dividend of 14.25 cents per share, reflecting a 5.6% increase from the previous payout of 13.50 cents per share [1][7] - The annualized dividend payout now totals 57 cents per share, resulting in an annualized yield of 4.19% based on the stock's closing price of $13.60 on December 19, 2025 [2][7] - The company has also authorized a share repurchase program of up to $50 million to enhance shareholder value [2][7] Dividend Growth and Strategy - The CEO of Whitestone, Dave Holeman, emphasized the company's focus on achieving a long-term Core FFO per share growth target of 5-7% while aligning dividend growth with this steady growth [3] - WSR has increased its dividend five times in the last five years, with a five-year annualized dividend growth rate of 5.28%, indicating strong cash flow generation capabilities [3] Market Performance - Over the past three months, WSR shares have gained 6.3%, contrasting with a 1.4% decline in the broader industry [4] - Comparatively, other REITs such as Welltower and Cousins Properties are currently rated higher, with Zacks Rank 2 (Buy) [5]
Are These 3 REIT Dividend Hikes Built to Last for Income Investors?
ZACKS· 2025-12-22 16:36
Core Insights - Recent dividend increases from U.S. REITs, specifically Whitestone REIT, W. P. Carey Inc., and Realty Income Corporation, are driven by operational performance improvements and strong cash generation, indicating sustainability rather than opportunistic accounting moves [2] Whitestone REIT - Whitestone REIT approved a 5.6% increase in its quarterly dividend to 14.25 cents per share for Q1 2026, reflecting its commitment to long-term core FFO growth targets of 5-7% annually [3][4] - The company has achieved a same-store net operating income growth rate of approximately 5.1% from 2021 to 2025 and maintains a portfolio occupancy rate of 94.2%, demonstrating strong tenant demand [5] - Whitestone targets a long-term core FFO per share growth of 5-7%, with a 5.5% core FFO CAGR since 2021 and a 5.9% dividend CAGR over the same period, supporting continued dividend coverage [5] W. P. Carey - W. P. Carey increased its quarterly dividend to 92 cents per share, a 1.1% increase from the previous payout and a 4.5% increase compared to the prior year [6] - The company owns a diversified portfolio of approximately 1,662 net lease properties across industrial, warehouse, and retail sectors in the U.S. and Europe, achieving a high occupancy rate of 97% as of September 30, 2025 [7] - Its diversification strategy, including long-term net leases with built-in rent escalations, contributes to stable cash flows and attractive risk-adjusted returns [8] Realty Income - Realty Income announced its 133rd dividend increase, raising its monthly payout to 27.00 cents per share, continuing its long-standing history of dividend growth [9][10] - The company boasts a portfolio of over 15,500 properties with nearly 99% occupancy, which supports consistent rent inflows across economic cycles [11] - Realty Income's dividend policy is based on recurring operational strength, evidenced by its long history of increases tied to steady AFFO expansion [11]