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Parkway Properties Company Profile (NYSE:PKY)

Consensus Ratings for Parkway Properties (NYSE:PKY) (?)
Ratings Breakdown: 6 Hold Rating(s), 3 Buy Rating(s)
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $17.43 (6.47% upside)

Analysts' Ratings History for Parkway Properties (NYSE:PKY)
Show:
DateFirmActionRatingPrice TargetActions
5/13/2016DA DavidsonDowngradeBuy -> NeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/2/2016Sandler O'NeillDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/2/2016MizuhoDowngradeBuy -> Neutral$17.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/11/2016BarclaysBoost Price TargetOverweight$15.00 -> $16.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/11/2016Robert W. BairdLower Price TargetOutperform$18.00 -> $16.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/10/2016Stifel NicolausDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/9/2015Raymond JamesLower Price TargetOutperform$18.50 -> $18.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/7/2015Wells FargoDowngradeOutperform -> Market PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/10/2015RBC CapitalDowngradeOutperform -> Sector Perform$20.00 -> $18.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/11/2015Cantor FitzgeraldReiterated RatingSell$21.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/16/2014Citigroup Inc.UpgradeSell -> NeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/3/2014Bank of AmericaDowngradeBuy -> NeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/9/2014JMP SecuritiesDowngradeOutperform -> Market PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/2/2014Capital One Financial Corp.Initiated CoverageEqual WeightView Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 6/27/2014 forward)
Earnings History for Parkway Properties (NYSE:PKY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
8/1/2016        
5/5/2016Q116$0.31$0.34$108.45 million$111.10 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/8/2016Q415$0.32$0.34$111.48 million$112.60 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/2/2015Q315$0.33$0.33$113.34 million$114.80 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/3/2015Q215$0.32$0.33$112.01 million$126.90 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/4/2015Q115$0.33$0.34$118.87 million$119.70 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/9/2015Q414$0.33$0.31$115.27 million$126.40 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/30/2014Q314$0.36$0.37$109.20 million$115.75 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/7/2014Q214$0.33$0.35$105.32 million$110.46 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/12/2014Q114$0.31$0.34$101.57 million$104.11 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/5/2013Q313$0.26$0.30$71.22 million$74.58 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/5/2013Q213$0.22$0.22$73.32 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/6/2013Q113$0.27$0.33$58.59 million$72.11 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/11/2013Q412$0.24$0.27$54.27 million$61.52 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/1/2012Q312$0.28$0.36$52.27 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/8/2012$0.30$0.32ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/3/2012$0.34$0.44ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/6/2012$0.12$0.60ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/7/2011$0.57$0.57ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/2/2011$0.58$0.59ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/7/2011$0.63$0.65ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)
Earnings Estimates for Parkway Properties (NYSE:PKY)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.29$0.34$0.32
Q2 20164$0.29$0.35$0.32
Q3 20164$0.29$0.36$0.32
Q4 20164$0.32$0.37$0.33
Q1 20172$0.33$0.34$0.34
Q2 20172$0.33$0.35$0.34
Q3 20172$0.34$0.34$0.34
Q4 20172$0.34$0.35$0.35
(Data provided by Zacks Investment Research)
Current Dividend Information for Parkway Properties (NYSE:PKY)
Annual Dividend:$0.75
Dividend Yield:4.58%
Payout Ratio:58.59%
Dividend Growth:26.00% (3 Year Average)

Dividend History for Parkway Properties (NYSE:PKY)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
5/19/2016quarterly$0.194.4%6/13/20166/15/20166/29/2016Tweet This Announcement  Share This Announcement on StockTwits
2/19/2016quarterly$0.195.91%3/14/20163/16/20163/30/2016Tweet This Announcement  Share This Announcement on StockTwits
2/18/2016quarterly$0.193/16/20164/6/2016Tweet This Announcement  Share This Announcement on StockTwits
11/12/2015quarterly$0.194.8%12/14/201512/16/201512/30/2015Tweet This Announcement  Share This Announcement on StockTwits
8/24/2015quarterly$0.194.86%9/14/20159/16/20159/30/2015Tweet This Announcement  Share This Announcement on StockTwits
5/14/2015quarterly$0.194.2%6/8/20156/10/20156/24/2015Tweet This Announcement  Share This Announcement on StockTwits
2/23/2015quarterly$0.194.23%3/9/20153/11/20153/25/2015Tweet This Announcement  Share This Announcement on StockTwits
11/20/2014quarterly$0.193.88%12/15/201412/17/201412/31/2014Tweet This Announcement  Share This Announcement on StockTwits
8/14/2014quarterly$0.193.62%9/8/20149/10/20149/24/2014Tweet This Announcement  Share This Announcement on StockTwits
5/15/2014quarterly$0.193.93%6/9/20146/11/20146/25/2014Tweet This Announcement  Share This Announcement on StockTwits
2/19/2014quarterly$0.194.17%3/10/20143/12/20143/26/2014Tweet This Announcement  Share This Announcement on StockTwits
11/12/2013quarterly$0.194.34%12/10/201312/12/201312/26/2013Tweet This Announcement  Share This Announcement on StockTwits
8/15/2013quarterly$0.153.53%9/9/20139/11/20139/25/2013Tweet This Announcement  Share This Announcement on StockTwits
5/16/2013quarterly$0.153.09%6/10/20136/12/20136/26/2013Tweet This Announcement  Share This Announcement on StockTwits
2/21/2013quarterly$0.153.54%3/11/20133/13/20133/27/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)
Insider Trading History for Parkway Properties (NYSE:PKY)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
12/3/2015David R O'reillyCFOSell80,000$16.79$1,343,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/3/2015M. Jayson LipseyCOOSell16,500$16.71$275,715.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/20/2015David R O'reillyCFOSell60,000$17.70$1,062,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/27/2015Edward Manuel CasalDirectorBuy1,000$17.76$17,760.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/26/2015James R HeistandCEOBuy10,000$17.26$172,600.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/13/2015Edward Manuel CasalDirectorBuy1,000$17.84$17,840.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/12/2015James R HeistandCEOBuy12,500$17.75$221,875.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/11/2014James R HeistandCEOBuy12,500$18.05$225,625.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/11/2014Jeremy R DorsettEVPBuy1,000$18.11$18,110.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/3/2014Scott E FrancisCAOBuy1,000$18.35$18,350.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/1/2014James R HeistandCEOBuy25,000$18.75$468,750.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/1/2014Jeremy R DorsettEVPBuy1,000$18.75$18,750.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/10/2014James A ThomasDirectorSell1,400$20.75$29,050.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/8/2014James A ThomasDirectorSell31,400$20.77$652,178.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/4/2014James A ThomasDirectorSell37,893$20.78$787,416.54View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/3/2014James A ThomasDirectorSell29,393$20.78$610,786.54View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/2/2014James A ThomasDirectorSell46,599$20.78$968,327.22View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/29/2014James A ThomasDirectorSell2,700$20.77$56,079.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/26/2014James A ThomasDirectorSell34,700$20.76$720,372.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/25/2014James A ThomasDirectorSell4,700$20.78$97,666.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/25/2014Henry F Pratt IIIEVPSell5,983$20.94$125,284.02View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/20/2013Scott FrancisCAOSell30,000$18.33$549,900.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/16/2013Jeremy DorsettEVPBuy1,000$16.58$16,580.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/20/2013Edward Manuel CasalDirectorBuy2,000$16.67$33,340.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/4/2013James R HeistandCEOBuy50,000$16.61$830,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/24/2013Jeremy R DorsettEVPBuy1,000$17.98$17,980.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/19/2013Brenda J MixsonDirectorBuy3,000$17.25$51,750.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/7/2012Jeremy R DorsettEVPBuy1,000$13.76$13,760.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/14/2012James R HeistandCEOBuy25,000$11.24$281,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)
Latest Headlines for Parkway Properties (NYSE:PKY)
DateHeadline
06/18/16 05:05 PMOne of three Terrace Inn tracts sells for $1.1 million
06/07/16 06:03 PMIt’s Earnings Time: What to Do with Parkway Properties Inc. (NYSE:PKY) Stock
06/06/16 05:51 AMPARKWAY PROPERTIES INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits -
05/20/16 03:26 PMPARKWAY PROPERTIES INC Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a Vote -
04/29/16 03:25 PMCousins Properties, Parkway Properties Announce Stock-For-Stock Merger - Cousins Properties Inc (NYSE: CUZ), a self-administered and self-managed real estate investment trust announced on Friday it has entered into a definitive agreement to merge with Parkway Properties Inc (NYSE: PKY), an integrated real estate investment trust. The merger will consist of a stock-for-stock transaction in which Parkway shareholders will receive 1.63 share of Cousins stock for each share of Parkway stock they own. The merger agreement also calls for a simultaneous spin-off of the Houston-based assets of both companies into a new publicly-traded REIT ("HoustonCo). The rationale of the merger is to create two independent and internally-managed office REITs, the first being a larger and more ...Full story available on Benzinga.com
04/29/16 10:05 AMParkway Properties flies after Cousins deal -
04/29/16 08:51 AMBRIEF-Cousins Properties to merge with Parkway Properties - * Cousins Properties To Merge With Parkway Properties And Simultaneously Spin Off combined Houston assets into a new pure play publicly-traded reit
04/29/16 07:19 AMCousins Properties and Parkway Properties to merge, spin-off Houston assets -
03/10/16 10:22 AMEx-Dividend Reminder: Lamar Advertising, Parkway Properties and Intercontinental Exchange - Looking at the universe of stocks we cover at Dividend Channel, on 3/14/16, Lamar Advertising Co (NASD: LAMR), Parkway Properties Inc. (NYSE: PKY), and Intercontinental Exchange Incorporated (NYSE: ICE) will all trade ex-dividend for their respective upcoming dividends. Lamar Advertising Co will pay its quarterly dividend of $0.75 on 3/31/16, Parkway Properties Inc. will pay its quarterly dividend of $0.1875 on 3/30/16, and Intercontinental Exchange Incorporated will pay its quarterly dividend of $0.85 on 3/31/16.
02/25/16 02:10 PMPARKWAY PROPERTIES INC Files SEC form 10-K, Annual Report -
02/18/16 03:16 PMParkway Announces Annual Stockholders Meeting Date - [PR Newswire] - ORLANDO, Fla., Feb. 18, 2016 /PRNewswire/ -- Parkway Properties, Inc. (NYSE:PKY) announced today that it has scheduled its Annual Meeting of Stockholders to be held at 3344 Peachtree Road NE, Atlanta, ...
02/18/16 03:15 PMParkway Announces Quarterly Dividend - [PR Newswire] - ORLANDO, Fla., Feb. 18, 2016 /PRNewswire/ -- Parkway Properties, Inc. (NYSE:PKY) announced today that its Board of Directors has declared a quarterly dividend of $0.1875 per share, payable on March 30, ...
02/11/16 09:10 AMParkway Properties, Inc. Earnings Analysis: 2015 By the Numbers -
02/10/16 05:40 AMParkway Prop downgraded by Stifel -
02/09/16 10:55 PMParkway Properties sells $179 million worth of Houston real estate - Houston office buildings made up nearly 30 percent of the value of Parkway Properties' latest selling spree. Since January 2015, the company has sold $624 million in properties, including $179 million in Houston, according to a quarterly earnings report ...
02/09/16 04:15 PMEdited Transcript of PKY earnings conference call or presentation 9-Feb-16 2:00pm GMT -
02/08/16 04:21 PMParkway Properties reports 4Q results -
02/08/16 03:54 PMPARKWAY PROPERTIES INC Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, F -
02/08/16 03:15 PMParkway Reports Full-Year And Fourth Quarter 2015 Results - [PR Newswire] - ORLANDO, Fla., Feb. 8, 2016 /PRNewswire/ -- Parkway Properties, Inc. (NYSE: PKY) today announced results for its full year and fourth quarter ended December 31, 2015. Logo - http://photos.prnewswire.com/prnh/20030513/PARKLOGO ...
02/08/16 06:07 AMQ4 2015 Parkway Properties Inc Earnings Release - After Market Close -
02/04/16 01:58 PMNorth American Properties -- Southeast, Inc. Announces Publix at Sky Walk - Feb. 4, 2016 /PRNewswire/ -- North American Properties (NAP) – Southeast, Inc. (www.NAProperties.com ... across from the main entrance to Gateway at the intersection of Daniels Parkway and Gateway Boulevard in Fort Myers, Florida.
02/01/16 01:23 PMCommercial real estate transactions - Plano Parkway Business Center at 2701 West Plano Parkway in ... Transwestern’s John Fulton and Brett Owens negotiated the lease for landlord Cabot Properties. Presidio Inc. expanded its lease to more than 40,000 square feet at Waters Ridge Tech I in ...
01/29/16 03:30 PMParkway Provides Tax Treatment Of 2015 Dividends - [at noodls] - ORLANDO, Fla., Jan. 29, 2016 /PRNewswire/ -- Parkway Properties, Inc. (NYSE: PKY) provided today the tax treatment for its 2015 distributions, as follows. ... This is an abstract of the original noodl. ...
01/25/16 08:20 AMThree Austin brokerage titans jump to Lincoln Property -
01/24/16 06:54 PMBike loop around St. Paul, 125 years in making, could become reality - Key questions remain, but St. Paul Parks and Recreation has worked closely with engineers from Short Elliott Hendrickson Inc. to draft ... on surrounding properties, street reconstruction in key segments will, including all of Wheelock Parkway.
01/19/16 06:55 PMKane County continues to acquire land for Longmeadow Parkway project - Kane County's Department of Transportation is continuing to purchase land for the $120 million Longmeadow Parkway Bridge Corridor and is entering ... six bids for the project with Plote Construction Inc., of Hoffman Estates, submitting the lowest one ...
01/05/16 03:40 PMParkway Announces 2015 Fourth Quarter and Full-Year Conference Call - [at noodls] - ORLANDO, Fla., Jan. 5, 2016 /PRNewswire/ -- Parkway Properties, Inc. (NYSE:PKY) announced today that it will release 2015 fourth quarter and full-year earnings on Monday, February 8, 2016 after the market ...
12/08/15 12:16 PMPARKWAY PROPERTIES INC Financials -
12/08/15 07:55 AMParkway Properties, Inc. breached its 50 day moving average in a Bearish Manner : December 8, 2015 -
12/01/15 07:19 AMParkway Properties Is Now A Buy, According To Stifel -
11/27/15 05:38 PMParkway Properties Inc (PKY): Are Hedge Funds Right About This Stock? -
11/24/15 07:07 PMCoca-Cola Bottling Co. Consolidated (COKE): Are Hedge Funds Right About This Stock? -
11/23/15 09:03 AMETF’s with exposure to Parkway Properties, Inc. : November 23, 2015 -
11/19/15 01:55 PMParkway Inks Deal to Sell 80% Interest in Courvoisier Centre -
11/19/15 09:52 AMParkway Properties, Inc. Earnings Q3, 2015 -
11/18/15 07:55 AMTwo Liberty Place up for sale, could trade for as much as $250M -
11/17/15 05:57 AMParkway to sell 80% interest in Miami office complex -
11/16/15 03:34 PMParkway Agrees To Sell 80% Interest In Courvoisier Centre; Updates 2016 Outlook - [at noodls] - ORLANDO, Fla., Nov. 16, 2015 /PRNewswire/ -- Parkway Properties, Inc. (NYSE: PKY) announced today that it has reached an agreement to sell an 80% interest in Courvoisier Centre, a 346,000 square foot, ...
About Parkway Properties

Parkway Properties logoParkway Properties, Inc. is an integrated real estate investment trust. The Company is engaged in the acquisition, ownership, development and management of office properties in various submarkets in the Sunbelt region of the United States. The Company holds interests in a portfolio of approximately 40 office properties located in over six states with an aggregate of approximately 14.3 million square feet of leasable space. The Company offers fee-based real estate services through its subsidiaries. It holds interests in the US Airways Building, a 229,000 square foot office building located in the Tempe submarket of Phoenix, Arizona, and in 7000 Central Park, a 414,000 square foot office building located in the Central Perimeter of Atlanta, Georgia. It holds interests in Hayden Ferry Lakeside III, a development property located in Phoenix, Arizona. Its properties are located in Miami and Tampa in Florida; Atlanta, Georgia; Austin, Texas, and Charlotte, North Carolina, among others.

Industry, Sector and Symbol:
  • Sector: Finanical Services
  • Industry: REIT - Office
  • Sub-Industry: Office REITs
  • Exchange: NYSE
  • Symbol: PKY
  • CUSIP: 70159Q10
Key Metrics:
  • Previous Close: $16.37
  • 50 Day Moving Average: $17.19
  • 200 Day Moving Average: $15.28
  • P/E Ratio: 15.09
  • P/E Growth: 1.81
  • Market Cap: $1.90B
  • Current Quarter EPS Consensus Estimate: $1.29 EPS
Additional Links:
Parkway Properties (NYSE:PKY) Chart for Monday, June, 27, 2016


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