The combination of revenue growth, increasing Core FFO, record occupancy, and a dividend hike suggests strong operational execution. The 2026 guidance for Core FFO above 2025 levels indicates management's confidence in continued growth, making this a positive signal for investors focused on REITs with stable cash flow and dividend growth.
Price Chart
Executive Summary
Whitestone REIT (WSR) reported solid full-year 2025 results with revenue growth and a 4.0% increase in same-store NOI, driven by record 94.6% occupancy. Core FFO per share rose to $1.05, meeting the company's long-term growth target. The company raised its quarterly dividend by 5.6% and provided 2026 guidance for Core FFO per share of $1.10-$1.14, signaling confidence in continued growth.
Key Financial Metrics
Key Facts
- Full-year 2025 revenue increased 4.3% to $160.9 million from $154.3 million in 2024
- Full-year Core FFO per share grew 4.0% to $1.05 from $1.01 in 2024
- Same-store NOI grew 4.0% for the full year, with record 94.6% occupancy
- Company raised quarterly dividend by 5.6% to $0.1425 per share
- 2026 guidance projects Core FFO per share of $1.10-$1.14, above 2025 results
Financial Impact
Revenue increased by $6.6 million, Core FFO per share increased by $0.04
Risk Factors
- Guidance does not include potential impacts from future acquisitions or dispositions
- The company's geographic concentration in Texas and Arizona markets creates regional economic risk
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001437749-26-005612 |
| Exhibit: ex_895623.htm | 0001437749-26-005612 |
| Document: wstr20251204_8k.htm | 0001437749-26-005612 |
| Document: 0001437749-26-005612-index-headers.html | 0001437749-26-005612 |
| Document: 0001437749-26-005612-index.html | 0001437749-26-005612 |
| Document: 0001437749-26-005612.txt | 0001437749-26-005612 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 4, 2026 7w ago | Court Ruling | — | awaiting T+60 | — | — |
Jul 24, 2026 13w ago | 15-12G | — | awaiting T+60 | — | — |
Jul 21, 2026 13w ago | EFFECT | — | awaiting T+60 | — | — |
Jul 14, 2026 14w ago | 8-K | $18.99 | awaiting T+60 | — | — |
Jul 14, 2026 14w ago | 25-NSE | $18.99 | awaiting T+60 | — | — |
May 19, 2026 22w ago | DEFM14A | $18.97 | awaiting T+60 | — | — |
Apr 9, 2026 28w ago | DEFA14A | $18.93 $18.97 | ▲ +0.21% | ▼ −10.57% | — |
Apr 9, 2026 28w ago | 8-K | $18.93 $18.97 | ▲ +0.21% | ▼ −10.57% | — |
Apr 9, 2026 28w ago | Press Release | $18.93 $18.97 | ▲ +0.21% | ▼ −10.57% | — |
Apr 8, 2026 28w ago | Press Release | $18.93 $18.97 | ▲ +0.21% | ▼ −10.57% | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers