5 Best REIT Stocks Under $10

In this article, we discuss 5 best REIT stocks under $10. If you want to read our detailed analysis of the REIT sector and its outlook, go directly to read 10 Best REIT Stocks Under $10. 

5. Whitestone REIT (NYSE:WSR)

Number of Hedge Fund Holders: 8
Share Price as of April 19: $9.17

Whitestone REIT (NYSE:WSR) is a Texas-based real estate investment trust company that develops and manages community-centered properties. On March 10, the company declared a monthly dividend of $0.04 per share, which was in line with its previous dividend.  The stock has a dividend yield of 5.13%, as of April 19. It is among the best dividend stocks on our list.

In December, Truist raised its price target on Whitestone REIT (NYSE:WSR) to $10 and maintained a Hold rating on the shares, highlighting the company’s revenue growth in its recent quarter.

As per Insider Monkey’s database for Q4 2022, 8 hedge funds reported having stakes in Whitestone REIT (NYSE:WSR), compared with 9 in the previous quarter. These stakes have a collective value of roughly $30 million. With over 1.6 million shares, Highland Capital Management was the company’s leading stakeholder in Q4.