Whitestone Stock Price, News & Analysis

Whitestone REIT (NYSE:WSR) reported strong Q2 2025 financial results, with notable improvements in key metrics. The company achieved a 5.4% year-over-year increase in Core FFO per share, reaching $0.26. Occupancy grew by 100 basis points from Q1 2025 to 93.9%, while average base rent per leased square foot increased 5.3% to $25.28.

Q2 2025 revenues reached $37.9 million, with net income of $5.1 million ($0.10 per share). Same-Store NOI grew 2.5% to $25.0 million. The company maintained its 2025 guidance, projecting Core FFO per share of $1.03-$1.07 and same-store NOI growth of 3.0-4.5%.

Whitestone's portfolio includes 56 Community-Centered Properties spanning 4.9 million square feet across Texas and Arizona markets, with 1,456 diverse tenants. The company declared a quarterly dividend of $0.135 per share for Q3 2025.

Whitestone REIT (NYSE:WSR) has scheduled its second quarter 2025 financial results release for July 30, 2025, after market close. The company will host a webcast and conference call on July 31, 2025, at 8:30 A.M. Eastern Time, led by CEO Dave Holeman.

Investors can access the call through domestic (1-877-407-0784) or international (1-201-689-8560) dial-in numbers. A replay will be available through August 15, 2025, accessible via the company's investor relations website or through dedicated replay numbers.

Whitestone REIT (NYSE: WSR) has acquired 5000 South Hulen, an 86,907 square-foot shopping center in Fort Worth, Texas. The property marks Whitestone's 29th asset in Texas and 10th in the Dallas-Fort Worth metroplex. Located near affluent neighborhoods and adjacent to Hulen Mall, the center benefits from high traffic exposure with over 182,000 vehicles daily. The property serves a population of 300,000 within a 5-mile radius, with an average household income of $113,520 and $14 billion in spending power. The center features prominent tenants including Sephora, Old Navy, Barnes & Noble, and several food establishments. This strategic acquisition aims to strengthen Whitestone's presence in one of Texas's fastest-growing markets while leveraging existing operational infrastructure to drive earnings growth.

Whitestone REIT (NYSE: WSR) has declared its third quarter 2025 dividend schedule. The company will distribute a monthly cash dividend of $0.045 per share on common shares and operating partnership units, totaling $0.135 per quarter and $0.54 annually. The payments will be made on July 10, August 12, and September 11, 2025, with corresponding record dates of July 1, August 1, and September 2, 2025, respectively.

Whitestone REIT (NYSE: WSR) has announced its participation in Nareit's 2025 REITweek Investor Conference. CEO Dave Holeman will engage in a "Fireside Chat" hosted by Truist Analyst Anthony Hau. The presentation is scheduled for Tuesday, June 3, 2025, at 9:30 Eastern. Investors can access the audio through the company's investor relations website.

Whitestone REIT (NYSE:WSR) has acquired the 31,832-square-foot San Clemente retail center in Austin, Texas. The property, located near Apple and Tesla campuses, complements Whitestone's existing Davenport Village center and marks their fifth neighborhood shopping center in Austin. The center boasts impressive demographics with an average 1-mile radius home value of $1.5 million and household income exceeding $280,000. San Clemente features key tenants including Fresa's Mexican restaurant, Iron Fitness, and Greenlake Energy. The location benefits from 55,000 vehicles per day traffic and strict development restrictions limiting new retail competition. The center will also benefit from an upcoming Four Seasons development adding 200 high-end residences nearby.

Whitestone REIT (NYSE: WSR) reported strong Q1 2025 results with notable growth in key metrics. The company achieved 4.8% Same Store Net Operating Income growth, reaching $24.7 million, and impressive GAAP leasing spreads of 20.3%. Occupancy stood at 92.9%.

Financial highlights include revenues of $38.0 million, up from $37.2 million in Q1 2024. Net Income per share was $0.07, compared to $0.18 in the previous year. Core FFO increased to $13.1 million, with FFO per share rising to $0.25.

The company maintains a strong portfolio of 55 Community-Centered Properties across Texas and Arizona, totaling 4.9 million square feet. Whitestone reaffirmed its 2025 guidance, projecting Core FFO of $1.03-$1.07 per share. The company declared a quarterly cash distribution of $0.135 per share, to be paid in three installments.

Whitestone REIT (NYSE: WSR) has initiated a strategic redevelopment of Lion Square in Houston's Asiatown District. The project aims to transform the Sun Wing Supermarket-anchored center into a cultural hub serving the Asian community.

The 117,592-square-foot property, which attracts over 2 million visitors annually, will undergo significant upgrades including:

• Modern aesthetics blending Chinese and Vietnamese architectural influences
• Enhanced greenery and sustainable irrigation systems
• Improved security and lighting
• Better walkability and connectivity aligned with Houston's Walkable Places program

The center, located at Bellaire Boulevard and Wilcrest Drive, houses notable tenants like Crown Seafood Restaurant, KPOT Korean BBQ, and Thuan Kieu Com Tam. Additionally, Whitestone is renovating a 5,100-square-foot pad site to incorporate Asian elements for a future Asian-themed restaurant.

Whitestone REIT (NYSE:WSR) has scheduled its first quarter 2025 earnings release and conference call. The company will release financial results for Q1 2025 (ended March 31) after market close on Wednesday, April 30, 2025.

A webcast and conference call to discuss the results will be held on Thursday, May 1, 2025, at 8:30 A.M. Eastern Time, led by CEO Dave Holeman. The conference call will be recorded with replay access available through May 15, 2025. A transcript will be posted within 3 days after the call on Whitestone's investor relations website.