WHITESTONE REIT (WSR)
Real Estate · Retail REIT · NYSE
Whitestone REIT owns and operates a diversified portfolio of retail real estate properties, primarily convenience retail anchored by grocery stores and drugstores across the US.
What WHITESTONE REIT does
Whitestone REIT is a real estate investment trust (REIT) that acquires, owns, and operates retail properties across the United States, with significant geographic concentration in Texas (Houston and Dallas) and Arizona (Phoenix) metropolitan areas. The company focuses on convenience-oriented retail properties typically anchored by grocery stores, drugstores, and other essential retailers. It generates revenue primarily through rental income from tenants, with additional income from recoveries of operating expenses and other real estate services.
Themes: ["retail real estate","grocery-anchored centers","essential retail","REIT dividends","Texas and Arizona markets"]
Fundamentals
- Price$18.97 as of 2026-07-09 close
- Market cap$975M as of 2026-07-10
- 1-year return+50.6% as of 2026-07-09 close
- P/E19.37 as of 2026-07-10
- Net margin+30.7% as of 2026-07-10
- Gross margin+68.7% as of 2026-07-10
- ROE+11.3% as of 2026-07-10
- Debt / equity1.41 as of 2026-07-10
- Revenue growth (YoY)+5.9% as of 2026-07-10
- Revenue CAGR (3y)+4.9% SEC XBRL
- Beta0.77 as of 2026-07-10
Dividend: yield +3.0%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Geographic concentration in Texas (Houston and Dallas) and Arizona (Phoenix) creates susceptibility to local economic downturns and natural disasters such as floods and hurricanes","Potential failure to qualify as a REIT could result in imposition of federal income taxes, eliminating key tax advantages","Rising interest rates increase financing costs and refinancing risks as debt matures, while tenant ability to pay rent is pressured by inflation and economic uncertainty"]
Competitors & peers
- Realty Income Corporation (O)
- STORE Capital (STOR)
- Lexington Realty Trust (LXP)
- Agree Realty (ADC)
- Necessity Retail REIT (RTL)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.