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Whitestone (WSR)

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Earnings summaries and quarterly performance for Whitestone.

Recent press releases and 8-K filings for WSR.

Whitestone REIT Reports Q4 2025 Results and Strategic Updates
WSR
Earnings
Debt Issuance
New Projects/Investments
  • Whitestone REIT reported Q4 2025 revenue of $43.9 million and Core FFO per share of $0.28.
  • The company's occupancy reached 94.6% in Q4 2025, contributing to a Same Store NOI Growth of 3.8% for the quarter.
  • Whitestone REIT extended its $750 million credit facility in September 2025, with 92% of its total debt ($649 million) at a fixed rate and a Debt/EBITDAre ratio of 7.7x for 2025.
  • Since Q4 2022, the company has acquired approximately $213 million in properties and disposed of approximately $166 million, including acquisitions in Dallas and Houston and a disposition in Houston during Q4 2025.
  • The company is focusing on redevelopments in Austin, North Scottsdale, and Houston to boost future Same Store NOI Growth.
2 days ago
Whitestone REIT reports Q4 2025 results and 2026 guidance
WSR
Earnings
Guidance Update
Dividends
  • Whitestone REIT reported Core FFO per share of $1.05 for 2025 and provided 2026 guidance of $1.10 to $1.14.
  • The company achieved 4% Same Store NOI growth for 2025 and anticipates 3% to 4.75% growth for 2026.
  • Whitestone reached a record occupancy of 94.6% and maintained leasing spreads in excess of 17% for 15 consecutive quarters, with Q4 2025 combined straight line leasing spreads at 18.2%.
  • The balance sheet strengthened, with Debt-to-EBITDA improving to 7.0x for 2025 from 9.1x in 2021, and the company increased its dividend by 5.6% for Q1 2026.
2 days ago
Whitestone REIT Reports Strong Q4 and Full-Year 2025 Results with Record Occupancy and Increased Dividend
WSR
Earnings
Guidance Update
Dividends
  • Whitestone REIT reported Core FFO per share of $1.05 for the full year 2025, representing a 4% increase from 2024, and provided 2026 guidance of $1.10-$1.14.
  • The company achieved 4% Same Store NOI growth for 2025 and expects 3%-4.75% for 2026, reaching a record occupancy of 94.6% by year-end.
  • Whitestone strengthened its balance sheet, with Debt-to-EBITDA improving to 7.0 times for the full year 2025, and increased its dividend by 5.6% for Q1 2026.
  • In the fourth quarter of 2025, Whitestone acquired World Cup Plaza and Ashford Village, while disposing of Kempwood Plaza.
2 days ago
Whitestone REIT Reports Q4 and Full Year 2025 Results
WSR
Earnings
Guidance Update
M&A
  • Whitestone REIT reported Core FFO per share of $1.05 for the full year 2025, a 4% increase from $1.01 in 2024, and achieved 4% Same Store NOI growth for the year.
  • The company reached a record occupancy of 94.6% in Q4 2025 and demonstrated strong leasing success with combined straight-line leasing spreads of 18.2% for the quarter, marking its fifteenth consecutive quarter with spreads over 17%.
  • Whitestone strengthened its balance sheet, improving its Debt-to-EBITDA to 7.0 times for FY 2025, and has no debt maturities in 2026.
  • For 2026, the company provided Same Store NOI growth guidance of 3%-4.75% and aims for 5%-7% long-term Core FFO per share growth.
  • In Q4 2025, Whitestone acquired World Cup Plaza and Ashford Village and disposed of Kempwood Plaza, with acquisitions exceeding dispositions by approximately $56 million for the year.
  • The company increased its dividend by 5.6% for Q1 2026, intending to continue growing it in line with Core FFO growth.
2 days ago
Whitestone REIT Reports Fourth Quarter and Full Year 2025 Results
WSR
Earnings
Guidance Update
Dividends
  • Whitestone REIT reported full-year 2025 revenues of $160.9 million, with Net income attributable to common shareholders per diluted share at $0.95 and Core FFO per diluted share at $1.05.
  • For the fourth quarter of 2025, revenues were $43.9 million, Net income attributable to common shareholders per diluted share was $0.43, and Core FFO per diluted share was $0.28.
  • The company achieved full-year 4.0% Same Store Net Operating Income growth and a record occupancy of 94.6% as of December 31, 2025.
  • Whitestone REIT provided full-year 2026 guidance, estimating Net income attributable to common shareholders per diluted share between $0.38 and $0.43 and Core FFO per diluted share between $1.10 and $1.14.
  • The Board approved a change to a quarterly cash dividend of $0.1425 per share for the first quarter of 2026, representing a 5.6% increase over the previous quarterly dividend amount.
3 days ago
Whitestone REIT Reports Fourth Quarter and Full Year 2025 Results
WSR
Earnings
Guidance Update
Dividends
  • Whitestone REIT reported Q4 2025 revenues of $43.9 million and Net income attributable to common shareholders per diluted share of $0.43. For the full year 2025, revenues were $160.9 million, and Net income attributable to common shareholders per diluted share was $0.95.
  • The company provided full-year 2026 guidance, projecting GAAP net income available to common shareholders per diluted share between $0.38 and $0.43, and Core FFO per diluted share and OP Unit between $1.10 and $1.14.
  • Whitestone REIT's Board approved a change to a quarterly dividend schedule and declared a Q1 2026 cash dividend of $0.1425 per share, representing a 5.6% increase over the previous quarterly amount.
  • Operational highlights for 2025 included 4.0% Same Store Net Operating Income growth and a record occupancy of 94.6% as of December 31, 2025.
3 days ago
MCB Real Estate Reiterates Acquisition Proposal for Whitestone REIT
WSR
M&A
Takeover Bid
Proxy Vote Outcomes
  • MCB Real Estate has reiterated its all-cash acquisition proposal for Whitestone REIT at $15.20 per share, representing a 21.0% premium to the Company's unaffected share price on November 3, 2025.
  • MCB, a significant shareholder owning approximately 9.2% of Whitestone's outstanding shares, has not received a response from the Board to its proposal submitted more than two months ago.
  • MCB is committed to voting against all incumbent Whitestone directors at the next Annual Meeting of Shareholders and is willing to consider increasing its proposal price if granted due diligence.
Jan 7, 2026, 9:15 PM
Whitestone REIT Declares Increased Quarterly Dividend and $50 Million Share Buyback
WSR
Dividends
Share Buyback
Guidance Update
  • Whitestone REIT declared a quarterly cash dividend of $0.1425 per share for the first quarter of 2026, representing a 5.6% increase over the previous quarterly dividend amount.
  • The company is transitioning from monthly to quarterly dividend payments.
  • The Board of Trustees authorized a share repurchase program of up to $50,000,000, effective through May 20, 2028.
  • Whitestone's CEO stated the company remains focused on delivering a 5-7% long-term Core FFO per share growth target.
Dec 19, 2025, 10:21 PM
Whitestone REIT Declares Increased Dividend and Authorizes Share Repurchase Program
WSR
Dividends
Share Buyback
Guidance Update
  • Whitestone REIT's Board of Trustees declared a quarterly cash dividend of $0.1425 per share for the first quarter of 2026, representing a 5.6% increase over the previous quarterly dividend amount.
  • The company announced a transition to quarterly dividend payments and authorized a share repurchase program of up to $50,000,000.
  • CEO Dave Holeman stated the company remains focused on delivering its 5-7% long-term Core FFO per share growth target.
Dec 19, 2025, 12:00 PM
Whitestone REIT Receives $33.4 Million from Pillarstone Settlement
WSR
Legal Proceedings
Debt Issuance
New Projects/Investments
  • Whitestone REIT received a $33.4 million payment on December 12, 2025, from Pillarstone Capital REIT Operating Partnership, L.P. following a bankruptcy court's approval of a settlement agreement.
  • This payment allowed Whitestone to pay down its revolver balance by $33.4 million on the same day.
  • Whitestone expects to receive an additional $4.0 million in cash and any excess from $2.5 million in reserves from the Pillarstone estate in 2026.
  • This payment is in addition to a $13.6 million payment received in November related to Whitestone's secured claim for the Uptown Tower guaranty payment.
  • The company's CEO stated that these payments strengthen Whitestone's balance sheet as it heads into 2026.
Dec 15, 2025, 10:21 PM