It was a great time to buy Whitestone REIT (NYSE: WSR ) back in November 2023, when the current yield stood above 4.5% and the growth outlook seemed strong enough to deliver strong total return performance. Since then, WSR has registered moreFull time trader and investor. Instead of lengthy and boring articles, I prefer writing concise arguments about value stocks. My goal is to identify great entry levels. Prices that you can remember years later and say "it was a great time to buy". My focus is on quality ...

Whitestone (WSR) came out with quarterly funds from operations (FFO) of $0.25 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to FFO of $0.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of -3.85%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.25 per share when it actually produced FFO of $0.24, delivering a surprise of -4%. Over the last four quarters, ...

HOUSTON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the third quarter of 2024. Whitestone creates neighborhood center communities in its high-quality open-air shopping centers that it acquires, owns, manages, develops, and redevelops primarily in some of the largest, fastest-growing, high-household-income markets in the Sunbelt. “Whitestone delivered a very strong quarter, delivering 4.6% Same Store Ne ...

Whitestone (WSR) came out with quarterly funds from operations (FFO) of $0.24 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to FFO of $0.21 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of -4%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.24 per share when it actually produced FFO of $0.23, delivering a surprise of -4.17%. Over the last four quarters, ...

Core Viewpoint - Whitestone REIT is identified as a deep-value real estate investment trust with strong long-term growth prospects driven by positive leasing spreads and a low payout ratio, making it an attractive option for passive income investors [1][2][10]. Company Overview - Whitestone REIT operates open-air retail shopping centers primarily in Texas and Arizona, benefiting from strong economic fundamentals, growing populations, and above-average household incomes in these markets [3][8]. - The trust's markets are expected to experience sustained rental growth due to limited new strip center supply [3]. Financial Performance - In Q1 2024, Whitestone REIT reported a net operating income (NOI) of $23.9 million, reflecting a 3.1% year-over-year growth, with a focus on acquisitions and rental increases to drive future growth [7][9]. - The trust's funds from operations (FFO) guidance for the year is between $0.98 and $1.04 per share, indicating an 11% year-over-year increase [13]. Dividend and Payout Ratio - Whitestone REIT has a dividend payout ratio of 52%, slightly lower than the previous year's 55%, allowing for reinvestment in property portfolio growth while providing a dividend yield of 3.7% [9][10]. - The trust raised its dividend by 3% in the second quarter, enhancing its appeal to passive income investors [2][10]. Market Dynamics - Positive leasing spreads, which reached 17% in Q1 2024, indicate strong negotiation power for the trust, contributing to its operational success [6][7]. - The trust's concentrated exposure to high-performance markets in Texas positions it for above-average NOI and FFO growth [8][14].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number 001-34855 WHITESTONE REIT (Exact Name of Registrant as Specified in Its Charter) Marylan ...

Exhibit 99.2 Ta b l e o f C o n t e n t s TA B L E O F C O N T E N T S | C | o | rp | o | r | a | t | e | P | r | o | fi | l | e | 1 | F | i | r | s | t | Q | u | a | r | t | e | r | 2 | 0 | 2 | 4 | E | a | rn | i | n | g | s | R | e | l | e | a | s | e | 2 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | -- ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number: 001-34855 ______________________________ WHITESTONE REIT (Exact Name of Registrant as Specif ...

Exhibit 99.2 Ta b l e o f C o n t e n t s TA B L E O F C O N T E N T S | C | o | rp | o | r | a | t | e | P | r | o | fi | l | e | 1 | F | o | u | r | t | h | Q | u | a | r | t | e | r | 2 | 0 | 2 | 3 | E | a | rn | i | n | g | s | R | e | l | e | a | s | e | 2 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number 001-34855 WHITESTONE REIT (Exact Name of Registrant as Specified in Its Charter) Mar ...