STOCK TITAN
  1. Home
  2. News
  3. WSR

Whitestone REIT - WSR STOCK NEWS

Welcome to our dedicated news page for Whitestone REIT (Ticker: WSR), a resource for investors and traders seeking the latest updates and insights on Whitestone REIT.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Whitestone REIT's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Whitestone REIT's position in the market.

News
Whitestone REIT Publishes Investor Presentation Highlighting Execution of Our Strategy to Continue Driving Long Term Sustainable Value Creation
Rhea-AI Summary
Whitestone REIT published an investor presentation showcasing their successful strategy execution aimed at driving long-term sustainable value creation. The presentation highlights the CEO's appointment in 2022, achieving 21% total shareholder returns, significant SS NOI growth, and 11% year-over-year Core FFO per share growth in 2024. The Board's commitment to driving sustainable shareholder value creation through governance enhancements and operational goals is emphasized. Whitestone opposes Erez's campaign, citing concerns over their proposed sale or liquidation strategy and lack of substantive operational ideas. Erez's nominees are criticized as unqualified, with the Board recommending shareholders to vote for their nominees on the WHITE proxy card.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
EREZ ASSET MANAGEMENT RELEASES PRESENTATION OUTLINING THE CASE FOR CHANGE AT WHITESTONE REIT
Rhea-AI Summary
Erez Asset Management, releases a presentation criticizing Whitestone REIT's Board of Trustees' performance and governance failures. They advocate for change by nominating Catherine Clark and Bruce Schanzer to restore shareholder value. The presentation highlights the current Board's shortcomings and urges shareholders to vote 'FOR' Clark and Schanzer using the BLUE Proxy Card. Erez emphasizes the need for experienced, aligned trustees to improve Whitestone's performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
Whitestone REIT Acquires Scottsdale Commons
Rhea-AI Summary
Whitestone REIT (WSR) acquires Scottsdale Commons for $22.2 million, a 69,000 square foot center with high occupancy and strong tenant mix. The acquisition aims to leverage Whitestone's leasing and operations skills to enhance performance and add value. The funding comes from Whitestone's capital recycling program, totaling over $100 million in acquisitions with a focus on improving portfolio quality.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
Tags
acquisition
News
EREZ ASSET MANAGEMENT MAILS PROXY STATEMENT SEEKING TO REPLACE TWO WHITESTONE REIT TRUSTEES
Rhea-AI Summary
Erez Asset Management, has nominated two candidates to the Board of Whitestone REIT, citing poor governance, conflicts of interest, underperformance, and misallocation of capital. The company has diluted shareholders with equity offerings and trades at a discount to NAV. The nominees aim to enhance shareholder value and improve performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
Tags
none
-
News
Whitestone REIT Files Definitive Proxy Materials and Mails Letter to Shareholders
Rhea-AI Summary
Whitestone REIT (WSR) urges shareholders to vote for its highly qualified trustees on the WHITE proxy card for the 2024 Annual Meeting. Since the CEO change in 2022, Whitestone has excelled in stock performance, achieving high Same Store NOI growth, strong Core FFO outlook, and outperforming peers. Erez Asset Management's proxy contest is criticized for lacking value-adding ideas and risking disruption of Whitestone's progress.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
Tags
none
-
News
Whitestone REIT Announces First Quarter 2024 Earnings Webcast and Conference Call
Rhea-AI Summary
Whitestone REIT (WSR) to Release Q1 2024 Financial Results on May 1, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.6%
Tags
earnings
News
Whitestone REIT Board of Trustees Rejects Nomination of Two Erez Candidates
Rhea-AI Summary
Whitestone REIT rejects Erez Asset Management's board nominees due to lack of understanding of the company's operations and focus on asset sale proposal, highlighting strong shareholder returns and governance improvements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1%
Tags
none
-
News
EREZ NOMINATES TWO CANDIDATES FOR WHITESTONE REIT BOARD OF TRUSTEES
Rhea-AI Summary
Erez Asset Management, LLC plans to nominate two candidates for Whitestone REIT's Board of Trustees due to poor capital allocation and governance issues. Whitestone rejected a buyout offer from Fortress Investment Group LLC, leading to concerns about undervalued stock and asset sales below NAV. The company's high debt levels and excessive G&A expenses are highlighted, questioning its attractiveness to investors. Erez's trustee candidates aim to address these issues and provide oversight.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
Tags
none
-
News
Whitestone REIT Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Whitestone REIT (WSR) announces strong financial results for Q4 and full year 2023, with record occupancy, revenue growth, and dividend increase. The company's Core FFO guidance for 2024 is $0.98 - $1.04 per share. Operating metrics show positive trends in NOI, rental revenue, and leasing transactions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
Tags
earnings
News
Whitestone REIT Increases Annual Cash Dividend by 3%
Rhea-AI Summary
Whitestone REIT (NYSE: WSR) announces a 3% increase in monthly cash dividend for the second quarter of 2024, reflecting confidence in earnings growth and balance sheet strength.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.89%
Tags
dividends
Stock WSR logo
Whitestone REIT

NYSE:WSR

WSR Rankings

#2848 Ranked by Market Cap
#1929 Ranked by Stock Gains
#758 Ranked by Dividends

WSR Stock Data

555.16M
44.60M
8.09%
65.82%
2.05%
Other Financial Vehicles
Finance and Insurance
Link
United States
Houston

About WSR

whitestone reit (nyse: wsr) is a fully integrated real estate investment trust (“reit”) that acquires, owns, manages, develops and redevelops high quality “internet-resistant” neighborhood, community and lifestyle retail centers.