Whitestone REIT

Whitestone REIT

WSRยทNYSE

$19.05

+0.13%
Real EstateREIT - Retail

Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality open-air neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestone seeks to create communities that thrive through creating local connections between consumers in the surrounding communities and a well-crafted mix of national, regional and local tenants that provide daily necessities, needed services, entertainment and experiences. Whitestone is a monthly dividend paying stock and has consistently paid dividends for over 15 years. Whitestone's strong, balanced and managed capital structure provides stability and flexibility for growth and positions Whitestone to perform well through economic cycles.

At a Glance

Live Snapshot
Market Cap$978.80M
EPS0.9800
P/E Ratio19.43
Earnings Date08/04/2026
Whitestone REIT

Whitestone REIT Fair Value Envelope

WSR ยท NYSE

Our analysis suggests that WSR has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $19.045, this represents a potential HIDDEN relative to our calculated worth for Whitestone REIT.

Intrinsic Value
Current Price: $19.045

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

$
%
$
%
$
$

Projection Settings

Forecast period and terminal assumptions

%
%

DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$289.4M
+ Cash & Equivalents$4.9M
Firm Value$294.3M
- Debt$643.9M
Equity Value-$349.6M
/ Shares Outstanding51,020,100B
DCF Value-$7
OVERVALUED BY 136%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$44.3M
$38.6M
$33.7M
$29.4M
$25.6M
$22.3M
$19.5M
$17.0M
$14.8M
$12.9M
Maintenance CapEx
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
Owner Earnings
$44.3M
$38.6M
$33.7M
$29.4M
$25.6M
$22.3M
$19.5M
$17.0M
$14.8M
$12.9M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$41.0M
$33.1M
$26.7M
$21.6M
$17.4M
$14.1M
$11.4M
$9.2M
$7.4M
$6.0M
Terminal Value represents 35.1% of Enterprise Value