Whitestone REIT (WSR)
NYSEReal EstateReit - RetailSnapshot 2026-09-04
$18.990.00%
Close 2026-07-14 · 1-day change
NYSEReal EstateReit - RetailSnapshot 2026-09-04
QuarterlyIQ Insights · WSR
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 21.8% |
| Our one-year growth estimate | diamond | 6.1% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 15.7 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 22 industry peers · Company calendar date is not available
WSR — M&A activity — Changes in Control of Registrant
Dated 2026-07-14
Changes in Control of Registrant. As a result of the consummation of the Company Merger, a change of control of the Company occurred, and the Company merged with and into Merger Sub, the separate existence of the Company ceased, and Merger Sub survived as a wholly owned subsidiary of Parent. The information set forth in the Introductory Note, Item 2.01, Item 3.01, Item 5.02, and
Why it matters: Monitoring debt levels will show if the company is strengthening its balance sheet.
Worry ifTotal debt decreases below $600 million by Q3 2026.
Less concerning ifTotal debt remains above $650 million by Q3 2026.
Why it matters: If revenue growth speeds up, it may show a recovery for Whitestone REIT.
Supportive ifSector revenue growth speeds back up to over 10%.
Worry ifSector revenue growth stays below 7% for several quarters.
Why it matters: Earnings results will show how Whitestone REIT is doing and what management thinks.
Watch forEarnings beat expectations with FFO growth above 5% year over year.
Also watch forEarnings miss expectations with FFO growth below 0% year over year.
Why it matters: Changes in dividends can affect how investors feel and manage cash. An increase shows confidence.
Supportive ifThe Board declares an increase in the quarterly dividend from $0.1425.
Worry ifThe Board cuts or suspends the quarterly dividend.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$11 on $10,000 · ±0.1% | How much price usually moves either way. |
| Bad day | $162 loss on $10,000 · 1.6% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,273 loss on $10,000 · 12.7% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Getting payments from the merger on time keeps shareholders happy.
Watch forWhitestone files an 8-K that shows when shareholders will get paid.
Also watch forShareholders do not get updates or notice of delays in payments.
Why it matters: Legal problems could slow down or stop the acquisition. This affects shareholder value.
Worry ifNo major legal problems come up that block the acquisition process.
Less concerning ifLawsuits or regulatory problems come up that threaten the deal.
Why it matters: Occupancy rates show how well the leasing market is doing. They also show tenant demand.
Supportive ifOccupancy rate exceeds 95% in Q2 2026.
Worry ifOccupancy rate falls below 94% in Q2 2026.
Why it matters: Occupancy rates impact revenue and reflect tenant demand. A drop could signal issues in the retail market.
Worry ifOccupancy rates fall below 94.0% in the next quarter.
Less concerning ifOccupancy rates are stable. They are at 94.6% or higher.
Why it matters: The acquisition changes who runs Whitestone and how it works.
Supportive ifA press release says the acquisition is done. Whitestone is no longer a public company.
Worry ifDelays or problems stop the acquisition from closing on time.
Why it matters: If revenue growth picks up, it could signal a positive shift in the maturing real estate sector.
Supportive ifQ2 revenue growth exceeds 5% year over year.
Worry ifQ2 revenue growth stays below 0% year over year.
Why it matters: Core FFO growth is a priority for management. Meeting or exceeding guidance shows operational strength.
Supportive ifCore FFO per diluted share guidance is confirmed at $1.10 to $1.14.
Worry ifCore FFO guidance is revised down below $1.10 per diluted share.
Why it matters: The final vote results will confirm if the acquisition by Ares is fully approved. This is crucial for the completion of the merger.
Supportive ifWhitestone files an 8-K with the SEC. This confirms that shareholders approved the acquisition.
Worry ifWhitestone reports many votes against the acquisition. This may cause delays.
Why it matters: The acquisition impacts Whitestone's future as a public company. It marks a major change in ownership.
Watch forThe acquisition is completed and all shares are bought at $19.00 per share.
Also watch forThe acquisition faces delays or fails to close as planned.