Whitestone Inks Lease With The Picklr to Open New Pickleball Facility
WSR announces a lease with The Picklr to open The Picklr Cave Creek facility at Terravita Marketplace in Scottsdale, AZ.
Whitestone REIT (WSR) Q4 2024 Earnings Call Transcript
Whitestone REIT (NYSE:WSR ) Q4 2024 Earnings Conference Call March 4, 2025 8:30 AM ET Company Participants David Moody - Director, Investor Relations Dave Holeman - Chief Executive Officer Christine Mastandrea - Chief Operating Officer Scott Hogan - Chief Financial Officer Conference Call Participants Mitch Germain - Citizens Capital Market Anthony Hall - Truist Securities Gaurav Mehta - Alliance Global Partners John Massocca - B. Riley Operator Greetings, and welcome to the Whitestone REIT Fourth Quarter 2024 Earnings Conference Call.
Whitestone (WSR) Q4 FFO and Revenues Top Estimates
Whitestone (WSR) came out with quarterly funds from operations (FFO) of $0.28 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to FFO of $0.21 per share a year ago.
Whitestone REIT: Sunbelt Powerhouse Poised For Potential Market-Beating Returns
Whitestone REIT owns high-quality open-air retail centers in fast-growing Sunbelt markets, achieving strong leasing spreads and consistent NOI growth. WSR's remerchandising and asset recycling initiatives are enhancing portfolio quality, driving robust Core FFO/share growth, and improving financial flexibility. The improved balance sheet, with a declining leverage ratio and well-covered 4% dividend yield, supports further deleveraging and growth.
REITs, Interest Rates And Why Retail Isn't Dead
The interest rate conversation as it pertains to REITs. Christine Mastandrea, COO of Whitestone REIT, on diversifying risk and why retail isn't dead.
Whitestone Rewards Investors With 9% Dividend Hike: Is it Sustainable?
WSR raises cash dividend by 9% for the first quarter of 2025 to reward its shareholders.
How Whitestone REIT is Transforming Sunbelt Retail Growth
Whitestone REIT NYSE: WSR is a real estate investment trust (REIT) with a unique community-centered approach. REITs offer investors a streamlined way to participate in the real estate market without the burdens of direct property ownership, providing potential for dividend income and portfolio diversification.
Whitestone REIT: Weighing Potential Amid Risks
Whitestone REIT has delivered over 35% total returns since November 2023, with a current forward yield of 3.44% and a low P/FFO multiple of 14.62x. Looking at WSR stock, I can see a compelling entry point in terms of the valuations relative to other peers such as KIM, REG and FRT. However, diving deeper a bit more, I will also identify some reasons why the discount could be justified.
Whitestone (WSR) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Whitestone (WSR) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Whitestone (WSR) Lags Q3 FFO Estimates
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.
Whitestone: Growth At A Great Price
Whitestone REIT owns and operates a diversified portfolio of retail properties in major metropolitan areas. The REIT's favorable market dynamics support its positive outlook and potential for growth. WSR's recent performance has been very good, with meaningful projected NOI and core FFO increases for 2024.
Whitestone REIT: Southwest's Growing Pains Will Be Retail Landlords' Growing Gains
Monitoring demographic trends reveals strong housing demand in the sunbelt, creating opportunities for retail real estate investment. Whitestone REIT is highlighted for its significant exposure to high-growth markets in Texas and Arizona, making it a compelling investment. Whitestone is undervalued compared to peers, with potential for mergers and acquisitions boosting its attractiveness.
