WSR

Whitestone REIT

WSR.US whitestonereit.com
Price N/A
USD · NYSE
52-week range
11.17
19.00
Market Cap
988.01M
P/E Ratio
19.78
Forward P/E
46.30
Book Value
8.97
Div. Yield
2.89%
% Institutions
67.89%
% Insiders
3.90%

1 Year

+53.9%

3 Year

+117.3%

10 Year

+149.1%
Description

Whitestone REIT is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country: Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio. The firm's centers are convenience focused on merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities. The Company believes its strong community connections and deep tenant relationships are key to the success of its current centers and its acquisition strategy. Whitestone REIT was incorporated in 1998 in Maryland, USA. As of July 14, 2026, Whitestone REIT operates as a subsidiary of Ares Real Estate Management Holdings, LLC.

Company Information

Company Name
Whitestone REIT
Sector
Real Estate
Industry
REIT - Retail
Exchange
NYSE
ISIN: US9660842041
CIK: 0001175535
CUSIP: 966084204
Currency: USD
Full Time Employees: 70
Phone: 713 827 9595
Fiscal Year End: December
IPO Date: Aug 26, 2010
Description:

Whitestone REIT is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country: Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio. The firm's centers are convenience focused on merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities. The Company believes its strong community connections and deep tenant relationships are key to the success of its current centers and its acquisition strategy. Whitestone REIT was incorporated in 1998 in Maryland, USA. As of July 14, 2026, Whitestone REIT operates as a subsidiary of Ares Real Estate Management Holdings, LLC.

Address:

2600 South Gessner Road, Houston, TX, United States, 77063

People

Directors & Officers

Name Title Year Born
Mr. David K. Holeman CPA CEO & Director 1963
Ms. Christine C. J. Mastandrea President & COO 1966
Mr. John Scott Hogan Chief Financial Officer 1970
Mr. Peter A. Tropoli General Counsel & Corporate Secretary 1972
Ms. Michelle Soklin Siv Senior Vice President of Human Resources 1974
Mr. David L. Mordy Director of Investor Relations NA
Mr. Matthew A. Okmin Regional Senior Vice President of Arizona NA
David C. Spagnolo Regional Senior Vice President of Dallas & Austin NA
Mr. Michael Ly Controller NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
May 28, 2025 Donald A Miller N/A Purchase 5.00K $12.35 $61.75K

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 8.03M Mar 31, 2026 15.63% $0.00 0.95%
Vanguard Portfolio Management, LLC 3.01M Mar 31, 2026 5.85% $0.00 0.00%
Vanguard Capital Management, LLC 2.10M Mar 31, 2026 4.09% $0.00 0.00%
State Street Corp 1.85M Mar 31, 2026 3.60% $0.00 2.35%
Irenic Capital Management LP 1.27M Mar 31, 2026 2.46% $1.33 292.76%
Geode Capital Management, LLC 1.20M Mar 31, 2026 2.33% $0.00 1.67%
GW&K Investment Management, LLC 1.04M Mar 31, 2026 2.02% $0.15 -6.43%
HIGHLAND CAPITAL MANAGEMENT FUND ADVISORS 875.26K Mar 31, 2026 1.70% $0.95 0.00%
Millennium Management LLC 769.81K Jun 30, 2026 1.50% $0.01 0.00%
Arnhold & S. Bleichroeder Advisers, LLC 697.24K Jun 30, 2026 1.36% $0.02 -6.05%
Morgan Stanley - Brokerage Accounts 654.57K Mar 31, 2026 1.27% $0.00 -10.08%
Dimensional Fund Advisors, Inc. 648.90K Jun 30, 2026 1.26% $0.00 1.27%
Eckert Corp 639.01K Jun 30, 2026 1.24% $0.76 0.00%
CSM Advisors, LLC 568.07K Mar 31, 2026 1.11% $0.23 -0.57%
Northern Trust Corp 541.99K Mar 31, 2026 1.05% $0.00 3.65%
The Goldman Sachs Group Inc 449.18K Mar 31, 2026 0.87% $0.00 -7.25%
Charles Schwab Investment Management Inc 438.07K Mar 31, 2026 0.85% $0.00 0.12%
Bank of New York Mellon Corp 407.56K Mar 31, 2026 0.79% $0.00 -3.26%
Two Sigma Investments LLC 337.60K Mar 31, 2026 0.66% $0.00 49.43%
Vestcor Investment Management Corp 337.32K Jun 30, 2026 0.66% $0.16 3,631.81%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Arbitrage R 1.08M 2.10% ▲ 0.00% May 31, 2026
2 First Eagle US Small Cap Strategy 620.21K 1.21% ▼ 0.65% Jun 30, 2026
3 CS McKee Micro Cap Value 616.88K 1.20% ▲ 0.00% Jun 30, 2026
4 Fidelity Small Cap Index 450.47K 0.88% ▲ 0.10% May 31, 2026
5 Fidelity SAI Merger Arbitrage 316.27K 0.62% ▲ 0.00% Jun 30, 2026
6 Russell 2000 Index Non-Lendable Fund 287.77K 0.56% ▲ 3.13% Jun 30, 2026
7 Russell 2000 Equity Index Fund B 287.77K 0.56% ▲ 3.13% Jun 30, 2026
8 CS McKee Discovery Small Cap 253.93K 0.49% ▲ 0.00% Jun 30, 2026
9 DFA Real Estate Securities I 233.80K 0.45% ▲ 0.00% Jun 30, 2026
10 Fidelity Extended Market Index 233.48K 0.45% ▼ 0.11% Jun 30, 2026

Financial Highlights

Market Cap: $988.01M
EBITDA: $91.18M
P/E Ratio: $19.78
PEG Ratio: $0.00
Book Value: $8.97
Dividend/Share: $0.55
Dividend Yield: 2.89%
Earnings/Share: $0.96
Profit Margin: 30.67%
Operating Margin: 31.21%
ROA (TTM): 2.97%
ROE (TTM): 11.26%
Revenue (TTM): $164.24M
Revenue/Share (TTM): $3.22
Earnings Growth (YOY): 14.30%
Revenue Growth (YOY): 8.90%

Valuation Metrics

Enterprise Value: $1.63B
Trailing P/E: 19.78
Forward P/E: 46.30

Shares Statistics

Shares Outstanding: 51.39M
Shares Float: 49.48M
% Insiders: 3.90%
% Institutions: 67.89%
Short % Float: 1.69%

Stock Price History

1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$160.86M
Cost of Goods Sold
adjust
$-50.14M
Gross Profit
subtotal
$110.72M
SG&A
adjust
$-21.22M
Other Operating Expense
adjust
$-35.93M
Operating Income
subtotal
$53.58M
Other / Non-Operating Items
adjust
$-3.65M
Net Income
subtotal
$49.93M

Earnings Per Share (EPS) History

Financial Ratios

📦 Raw API Data (JSON Explorer)

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