Whitestone REIT

Whitestone REIT (NYSE:WSR) is a fully integrated real estate investment trust ("REIT") that owns, redevelops, repositions, leases, manages and operates Community Centered PropertiesTM. Whitestone focuses on value creation in its community centers, concentrating on local service-oriented tenants. Whitestone's diversified tenant base provides service offerings including specialty retail, grocery, restaurants, medical, educational and financial services. Founded in 1998, the Company is internally managed with a portfolio of 70 commercial properties in Texas, Arizona and Illinois. 

Company Growth (employees)
Type
Public
HQ
Houston, US
Founded
1998
Size (employees)
106 (est)+12%
Whitestone REIT was founded in 1998 and is headquartered in Houston, US

Whitestone REIT Office Locations

Whitestone REIT has offices in Houston, Scottsdale, Dallas and Austin
Houston, US (HQ)
500 2600 S Gessner Rd
Austin, US
200 3801 N Capital Of Texas Hwy
Dallas, US
610 4144 N Central Expy
Scottsdale, US
210 20789 N Pima Rd

Whitestone REIT Metrics

Whitestone REIT Financial Metrics

Whitestone REIT's revenue was reported to be $104.4 m in FY, 2016 which is a 12% increase from the previous period.

Revenue (FY, 2016)

$104.4 m

Revenue growth (FY, 2015 - FY, 2016), %

12%

Net income (FY, 2016)

$8.1 m

Market capitalization (22-May-2017)

$455.5 m

Closing share price (22-May-2017)

$11.6

Cash (31-Dec-2016)

$4.2 m

EV

$1.5 b
Whitestone REIT's current market capitalization is $455.5 m.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$62.1 m$72.4 m$93.4 m$104.4 m

Revenue growth, %

16%29%12%

Operating expense total

$23.5 m$25.2 m$31.3 m

EBIT

$4.2 m$5.6 m$7.2 m

EBIT margin, %

7%8%8%

Net Income

$3.9 m$7.7 m$6.9 m$8.1 m
Y, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

$6.3 m$17.6 m$5.7 m$6.5 m$6.5 m$4.2 m$2.6 m$4.2 m

Accounts Receivable

Inventories

Total Assets

$508 m$634.3 m$783.9 m$855.2 m

Accounts Payable

$12.8 m$15.9 m$24.1 m$28.7 m

Total Debt

$528.6 m$788.2 m$999.5 m$1.1 b

Additional Paid-in Capital

$291.6 m$304.1 m$360 m$396.5 m

Retained Earnings

($54 k)($91 k)($129 k)$859 k

Total Equity

$220.9 m$213.3 m$247 m$267.6 m

Debt to Equity Ratio

2.4 x3.7 x4 x4.1 x

Debt to Assets Ratio

1 x1.2 x1.3 x1.3 x

Financial Leverage

2.3 x3 x3.2 x3.2 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$3.9 m$7.7 m$6.9 m$8.1 m

Depreciation and Amortization

$13.4 m$15.7 m$19.8 m$22.5 m

Accounts Receivable

Inventories

Accounts Payable

($1.2 m)$2.3 m$7.4 m$4.8 m

Cash From Operating Activities

$23.9 m$25.2 m$36.2 m$39.2 m

Cash From Investing Activities

($124.6 m)($138.8 m)($160.2 m)($75.8 m)

Cash From Financing Activities

$100.7 m$106.5 m$122.3 m$38.2 m

Interest Paid

$9.2 m$9.6 m$13.5 m$18.3 m

Income Taxes Paid

$237 k$238 k$315 k$284 k
Y, 2016

EV/CFO

39.3 x

Debt/Equity

4.1 x

Debt/Assets

1.3 x

Financial Leverage

3.2 x

Whitestone REIT Market Value History

Whitestone REIT Online Presence

Whitestone REIT Company Life

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