Last 7 days
-0.4%
Last 30 days
14.8%
Last 90 days
-0.4%
Trailing 12 Months
44.6%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 148.3M | 0 | 0 | 0 |
2023 | 141.1M | 142.6M | 144.4M | 147.0M |
2022 | 130.4M | 134.8M | 137.8M | 139.4M |
2021 | 116.4M | 119.4M | 121.9M | 125.4M |
2020 | 120.1M | 118.2M | 118.2M | 117.9M |
2019 | 119.8M | 119.9M | 119.1M | 119.3M |
2018 | 127.5M | 126.7M | 123.8M | 119.9M |
2017 | 107.3M | 112.3M | 120.5M | 126.0M |
2016 | 97.6M | 100.8M | 101.7M | 104.4M |
2015 | 76.3M | 81.0M | 87.0M | 93.4M |
2014 | 64.4M | 67.3M | 70.0M | 72.4M |
2013 | 49.6M | 53.0M | 57.2M | 60.5M |
2012 | 37.3M | 40.2M | 43.0M | 46.6M |
2011 | 32.0M | 32.3M | 33.2M | 34.9M |
2010 | 0 | 32.3M | 31.9M | 31.5M |
2009 | 0 | 0 | 0 | 32.7M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Dec 31, 2023 | hogan john scott | sold (taxes) | -152,298 | 12.29 | -12,392 | chief financial officer |
Dec 31, 2023 | mastandrea christine j | acquired | - | - | 60,000 | chief operating officer |
Dec 31, 2023 | holeman david k | sold (taxes) | -438,986 | 12.29 | -35,719 | chief executive officer |
Dec 31, 2023 | hogan john scott | acquired | - | - | 48,000 | chief financial officer |
Dec 31, 2023 | mastandrea christine j | sold (taxes) | -188,209 | 12.29 | -15,314 | chief operating officer |
Dec 31, 2023 | siv soklin | acquired | - | - | 20,000 | vp of human resources |
Dec 31, 2023 | siv soklin | sold (taxes) | -68,504 | 12.29 | -5,574 | vp of human resources |
Dec 31, 2023 | tropoli peter | sold (taxes) | -164,268 | 12.29 | -13,366 | general counsel & secretary |
Dec 31, 2023 | holeman david k | acquired | - | - | 120,000 | chief executive officer |
Dec 31, 2023 | tropoli peter | acquired | - | - | 52,000 | general counsel & secretary |
Which funds bought or sold WSR recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -5.24 | -19,823 | 593,264 | -% |
May 16, 2024 | HANCOCK WHITNEY CORP | added | 0.85 | 5,663 | 195,657 | 0.01% |
May 16, 2024 | Garner Asset Management Corp | added | 2.4 | 18,768 | 861,000 | 0.42% |
May 16, 2024 | JANE STREET GROUP, LLC | reduced | -38.83 | -75,631 | 125,839 | -% |
May 15, 2024 | BANK OF AMERICA CORP /DE/ | reduced | -38.43 | -551,506 | 934,001 | -% |
May 15, 2024 | PRICE T ROWE ASSOCIATES INC /MD/ | added | 5.37 | 37,000 | 538,000 | -% |
May 15, 2024 | Voya Investment Management LLC | reduced | -5.28 | -38,858 | 1,145,640 | -% |
May 15, 2024 | HGI Capital Management, LLC | added | 297 | 1,541,870 | 2,046,670 | 2.20% |
May 15, 2024 | AMUNDI | added | 6.3 | -211 | 80,639 | -% |
May 15, 2024 | STEPHENS INC /AR/ | added | 16.81 | 68,005 | 420,789 | 0.01% |
Unveiling Whitestone REIT's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Whitestone REIT)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AMT | 90.9B | 11.2B | 46.04 | 8.11 | ||||
CCI | 44.7B | 6.8B | 32.06 | 6.53 | ||||
AVB | 28.3B | 2.8B | 29.6 | 10.08 | ||||
ARE | 21.7B | 3.0B | 110.61 | 7.35 | ||||
AMH | 13.5B | - | 31.9 | 8.3 | ||||
REG | 11.3B | 1.4B | 30.12 | 8.22 | ||||
BXP | 9.9B | 3.3B | 51.64 | 3 | ||||
MID-CAP | ||||||||
FRT | 8.5B | 1.2B | 35.59 | 7.38 | ||||
SLG | 3.4B | 892.3M | -6.71 | 3.85 | ||||
MAC | 3.4B | 878.0M | -9.8 | 3.82 | ||||
SMALL-CAP | ||||||||
AAT | 1.4B | 444.1M | 20.36 | 3.15 | ||||
AIV | 1.2B | 198.2M | -7.55 | 6.02 | ||||
MFA | 1.1B | 650.2M | 36.77 | 1.73 | ||||
NYMT | 572.0M | 285.4M | -4.15 | 2 | ||||
IVR | 459.4M | 277.2M | -56.03 | 1.66 |
Whitestone REIT News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -1.0% | 37.00 | 38.00 | 37.00 | 36.00 | 36.00 | 35.00 | 35.00 | 35.00 | 34.00 | 33.00 | 32.00 | 31.00 | 29.00 | 30.00 | 30.00 | 28.00 | 31.00 | 30.00 | 30.00 | 30.00 | 30.00 |
Costs and Expenses | 0.7% | 26.00 | 25.00 | 25.00 | 25.00 | 24.00 | 23.00 | 25.00 | 24.00 | 21.00 | 25.00 | 23.00 | 21.00 | - | - | - | - | - | - | - | - | - |
Operating Expenses | - | - | - | - | - | - | - | - | - | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 4.00 | 6.00 | 7.00 | 7.00 | 6.00 | 7.00 | 6.00 | 6.00 |
S&GA Expenses | -100.0% | - | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 3.00 | 7.00 | 6.00 | 5.00 | 6.00 | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | 6.00 | 5.00 | 6.00 |
EBITDA Margin | 6.9% | 0.65* | 0.60* | 0.73* | 0.73* | 0.67* | 0.68* | 0.54* | 0.54* | 0.54* | 0.51* | 0.48* | 0.49* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 2.6% | 9.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 7.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 |
Income Taxes | 7.2% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Earnings Before Taxes | 200.2% | 10.00 | 3.00 | 3.00 | 13.00 | 4.00 | 20.00 | 4.00 | 5.00 | 7.00 | 3.00 | 3.00 | 3.00 | - | - | - | - | - | - | - | - | - |
EBT Margin | 22.2% | 0.19* | 0.16* | 0.28* | 0.29* | 0.24* | 0.26* | 0.13* | 0.13* | 0.12* | 0.08* | 0.05* | 0.05* | - | - | - | - | - | - | - | - | - |
Net Income | 506.1% | 9.00 | 2.00 | 2.00 | 11.00 | 4.00 | 20.00 | 4.00 | 4.00 | 7.00 | 3.00 | 3.00 | 5.00 | 1.00 | 3.00 | 1.00 | 0.00 | 2.00 | 16.00 | 2.00 | 3.00 | 3.00 |
Net Income Margin | 27.5% | 0.17* | 0.13* | 0.26* | 0.27* | 0.23* | 0.25* | 0.13* | 0.13* | 0.14* | 0.10* | 0.10* | 0.09* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -1.9% | 12.00 | 12.00 | 14.00 | 17.00 | 5.00 | 11.00 | 15.00 | 13.00 | 5.00 | 15.00 | 18.00 | 10.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 0.8% | 1,122 | 1,113 | 1,118 | 1,129 | 1,094 | 1,103 | 1,100 | 1,089 | 1,095 | 1,102 | 1,071 | 1,034 | 1,037 | 1,045 | 1,065 | 1,071 | 1,071 | 1,056 | 1,012 | 1,013 | 1,019 |
Cash Equivalents | 35.9% | 6.00 | 5.00 | 3.00 | 3.00 | 3.00 | 6.00 | 10.00 | 8.00 | 11.00 | 16.00 | 11.00 | 22.00 | 23.00 | 26.00 | 39.00 | 40.00 | 37.00 | 16.00 | 6.00 | 5.00 | 5.00 |
Liabilities | 0.1% | 694 | 694 | 685 | 697 | 675 | 678 | 689 | 683 | 690 | 703 | 677 | 668 | 698 | 707 | 729 | 734 | 730 | 703 | 679 | 675 | 671 |
Shareholder's Equity | 3.3% | 427 | 414 | 427 | 432 | 419 | 418 | 411 | 406 | 405 | 399 | 394 | 366 | 338 | 338 | 336 | 337 | 341 | 353 | 333 | 338 | 348 |
Retained Earnings | 1.5% | -213 | -216 | -212 | -209 | -214 | -212 | -226 | -224 | - | -223 | - | - | - | - | - | - | - | - | - | - | - |
Additional Paid-In Capital | 0.0% | 628 | 628 | 627 | 626 | 626 | 625 | 624 | 623 | 622 | 623 | 619 | 590 | 563 | 562 | 560 | 559 | 557 | 555 | 540 | 534 | 529 |
Shares Outstanding | 0.7% | 50.00 | 50.00 | 50.00 | 50.00 | 49.00 | 49.00 | 49.00 | 49.00 | 49.00 | 45.00 | 44.00 | 46.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | -4.4% | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 7.00 | 8.00 | 8.00 | 8.00 | 8.00 |
Float | - | - | - | - | 480 | - | - | - | 529 | - | - | - | 377 | - | - | - | 308 | - | - | - | 509 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -1.9% | 11,524 | 11,746 | 14,143 | 16,796 | 4,915 | 10,972 | 15,146 | 13,398 | 4,915 | 15,337 | 17,614 | 9,986 | 4,103 | 13,556 | 15,300 | 8,707 | 5,213 | 17,772 | 11,361 | 12,550 | 6,065 |
Share Based Compensation | -30.7% | 861 | 1,242 | 1,005 | 725 | 755 | 1,272 | 869 | 783 | -1,413 | 1,847 | 1,491 | 1,177 | 1,398 | 2,083 | 1,592 | 1,140 | 1,248 | 1,935 | 1,640 | 1,025 | 1,883 |
Cashflow From Investing | 60.3% | -4,584 | -11,540 | 9,451 | -30,697 | -3,529 | 3,404 | -2,922 | -3,837 | -3,359 | -31,808 | -55,923 | -1,971 | -1,528 | -1,554 | -1,833 | -1,460 | -1,593 | -32,433 | -3,725 | -3,773 | -2,455 |
Cashflow From Financing | -494.2% | -5,365 | 1,361 | -23,570 | 13,278 | -4,069 | -17,588 | -11,305 | -12,169 | -6,214 | 21,421 | 26,788 | -10,289 | -5,605 | -25,164 | -14,428 | -4,047 | 17,616 | 24,766 | -7,515 | -8,634 | -12,716 |
Dividend Payments | -100.0% | - | 5,930 | 5,928 | 5,913 | 5,913 | 5,909 | 5,901 | 5,880 | 5,268 | 5,257 | 4,981 | 4,602 | 4,480 | 4,432 | 4,430 | 4,413 | 11,928 | 11,580 | 11,430 | 11,316 | 11,301 |
Buy Backs | - | 1,442 | - | 236 | 289 | - | 10.00 | 249 | 278 | - | 13.00 | 250 | 104 | 324 | 1.00 | 6.00 | 440 | 1,630 | - | - | 14.00 | 762 |
Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |||
---|---|---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |||
Rental(1) | [1] | $ 36,741 | $ 35,497 | |
Management, transaction, and other fees | 423 | 354 | ||
Total revenues | 37,164 | 35,851 | ||
Depreciation and amortization | 8,800 | 7,846 | ||
Operating and maintenance | 6,349 | 6,086 | ||
Real estate taxes | 4,238 | 4,708 | ||
General and administrative | 6,180 | 5,084 | ||
Total operating expenses | 25,567 | 23,724 | ||
Other expenses (income) | ||||
Interest Expense, Operating and Nonoperating | 8,519 | 7,903 | ||
Gain on sale of properties | (6,525) | 0 | ||
Loss on disposal of assets | 0 | 6 | ||
Interest, dividend and other investment income | (8) | (20) | ||
Total other expenses | 1,986 | 7,889 | ||
Income before equity investment in real estate partnership and income tax | 9,611 | 4,238 | ||
Deficit in earnings of real estate partnership | (28) | (218) | ||
Provision for income tax | (119) | (119) | ||
Net income | 9,464 | 3,901 | ||
Less: Net income attributable to noncontrolling interests | 124 | 54 | ||
Net income attributable to Whitestone REIT | $ 9,340 | $ 3,847 | ||
Basic Earnings Per Share: | ||||
Net income attributable to common shareholders, excluding amounts attributable to unvested restricted shares (in dollars per share) | $ 0.19 | $ 0.08 | ||
Diluted Earnings Per Share: | ||||
Net income attributable to common shareholders, excluding amounts attributable to unvested restricted shares (in dollars per share) | $ 0.18 | $ 0.08 | ||
Weighted average number of common shares outstanding: | ||||
Basic (in shares) | 49,940 | 49,424 | ||
Diluted (in shares) | 51,112 | 50,160 | ||
Consolidated Statements of Comprehensive Income (Loss) | ||||
Net income | $ 9,464 | $ 3,901 | ||
Other comprehensive income (Loss) | ||||
Amount Recognized as Comprehensive income | 5,007 | (4,587) | ||
Comprehensive income | 14,471 | (686) | ||
Less: Net income attributable to noncontrolling interests | 124 | 54 | ||
Less: Comprehensive income (loss) attributable to noncontrolling interests | 66 | (64) | ||
Comprehensive income (loss) attributable to Whitestone REIT | 14,281 | (676) | ||
Rental revenues | 26,864 | 25,740 | ||
Recoveries | 10,477 | 10,081 | ||
Bad debt | (600) | (324) | ||
Total rental | [1] | $ 36,741 | $ 35,497 | |
|
Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Property | $ 1,230,936 | $ 1,221,466 | ||||||||||
Accumulated depreciation | (232,867) | (229,767) | ||||||||||
Total real estate assets | 998,069 | 991,699 | ||||||||||
Investment in real estate partnership | [1],[2],[3] | 0 | 31,671 | |||||||||
Cash and cash equivalents | 6,215 | 4,572 | ||||||||||
Restricted cash | 0 | 68 | ||||||||||
Escrows and deposits | 17,272 | 24,148 | ||||||||||
Accrued rents and accounts receivable, net of allowance for doubtful accounts | 31,055 | 30,592 | ||||||||||
Receivable from partnership redemption | 31,643 | 0 | ||||||||||
Other receivables | 31,643 | 0 | ||||||||||
Unamortized lease commissions, legal fees and loan costs | 14,200 | 13,783 | ||||||||||
Prepaid expenses and other assets(1) | [4] | 11,302 | 4,765 | |||||||||
Finance lease right-of-use assets | 10,406 | 10,428 | ||||||||||
Total assets(1) | 1,121,684 | 1,113,239 | ||||||||||
Liabilities: | ||||||||||||
Notes payable | 644,981 | 640,172 | ||||||||||
Accounts payable and accrued expenses(2) | [5] | 32,133 | 36,513 | |||||||||
Tenants' security deposits | 8,799 | 8,614 | ||||||||||
Dividends and distributions payable | 6,215 | 6,025 | ||||||||||
Finance lease liabilities | 716 | 721 | ||||||||||
Total liabilities | 694,421 | 693,622 | ||||||||||
Commitments and contingencies: | ||||||||||||
Equity: | ||||||||||||
Preferred shares, $0.001 par value per share; 50,000,000 shares authorized; none issued and outstanding as of March 31, 2024 and December 31, 2023 | 0 | 0 | ||||||||||
Common shares, $0.001 par value per share; 400,000,000 shares authorized; 49,958,896 and 49,610,831 issued and outstanding as of March 31, 2024 and December 31, 2023, respectively | 50 | 50 | ||||||||||
Additional paid-in capital | 627,876 | 628,079 | ||||||||||
Accumulated deficit | (213,798) | (216,963) | ||||||||||
Accumulated other comprehensive income | 7,517 | 2,576 | ||||||||||
Total Whitestone REIT shareholders' equity | 421,645 | 413,742 | ||||||||||
Noncontrolling interest in subsidiary | 5,618 | 5,875 | ||||||||||
Total equity | 427,263 | 419,617 | ||||||||||
Total liabilities and equity(2) | 1,121,684 | 1,113,239 | ||||||||||
(1) Operating lease right of use assets (net) | 108 | 109 | ||||||||||
(2) Operating lease liabilities | 112 | 112 | ||||||||||
Related Parties [Member] | ||||||||||||
Receivable from partnership redemption | 1,522 | 1,513 | ||||||||||
Other receivables | 1,522 | 1,513 | ||||||||||
Liabilities: | ||||||||||||
Other liabilities | $ 1,577 | $ 1,577 | ||||||||||
|