NYSE:PKST

Peakstone Realty Trust (PKST) Stock Price, News & Analysis

$13.45
-0.30 (-2.18%)
(As of 05/8/2024 ET)
Today's Range
$13.15
$14.11
50-Day Range
$12.29
$16.64
52-Week Range
$12.10
$39.91
Volume
100,981 shs
Average Volume
155,700 shs
Market Capitalization
$488.37 million
P/E Ratio
N/A
Dividend Yield
6.69%
Price Target
$21.00

Peakstone Realty Trust MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
56.1% Upside
$21.00 Price Target
Short Interest
Healthy
3.20% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.39mentions of Peakstone Realty Trust in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-3.63%
From $3.03 to $2.92 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.46 out of 5 stars

Finance Sector

588th out of 874 stocks

Real Estate Investment Trusts Industry

122nd out of 180 stocks

PKST stock logo

About Peakstone Realty Trust Stock (NYSE:PKST)

Peakstone Realty Trust (NYSE: PKST) is an internally managed, real estate investment trust (REIT) that owns and operates a high-quality, newer-vintage portfolio of predominantly single-tenant industrial and office properties. These assets are generally leased to creditworthy tenants under long-term net lease agreements with contractual rent escalations. As of March 31, 2023, Peakstone's wholly-owned portfolio consists of 19 million square feet across 24 states in primarily high-growth, strategic coastal and sunbelt markets.

PKST Stock Price History

PKST Stock News Headlines

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[URGENT] DO NOT Touch These AI Stocks!
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PKST Peakstone Realty Trust
PKST Apr 2024 17.500 call
Q4 2023 Peakstone Realty Trust Earnings Call
Peakstone Realty Trust Registered Shs
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Ex-Dividend for 4/18 Dividend
3/27/2024
Dividend Payable
4/18/2024
Today
5/09/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Fax
N/A
Employees
35
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$21.00
High Stock Price Target
$27.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+56.1%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
2 Analysts

Profitability

Net Income
$-550,580,000.00
Net Margins
-216.52%
Pretax Margin
-237.96%

Debt

Sales & Book Value

Annual Sales
$254.28 million
Book Value
$33.15 per share

Miscellaneous

Free Float
36,161,000
Market Cap
$488.37 million
Optionable
Optionable
Beta
N/A
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Key Executives

  • Mr. Michael J. Escalante (Age 64)
    CEO, President & Trustee
    Comp: $3.97M
  • Mr. Javier F. Bitar (Age 62)
    CFO & Treasurer
    Comp: $1.8M
  • Ms. Nina Momtazee Sitzer (Age 56)
    COO & Chief Legal Officer
    Comp: $1.68M
  • Mr. Scott A. Tausk (Age 64)
    Consultant
    Comp: $958.05k
  • Mr. Casey R. Wold (Age 66)
    Executive Chairman of Board
  • Mr. Bryan K. Yamasawa (Age 56)
    Chief Accounting Officer

PKST Stock Analysis - Frequently Asked Questions

Should I buy or sell Peakstone Realty Trust stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Peakstone Realty Trust in the last year. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" PKST shares.
View PKST analyst ratings
or view top-rated stocks.

What is Peakstone Realty Trust's stock price target for 2024?

2 brokers have issued 12 month target prices for Peakstone Realty Trust's stock. Their PKST share price targets range from $15.00 to $27.00. On average, they predict the company's share price to reach $21.00 in the next year. This suggests a possible upside of 56.1% from the stock's current price.
View analysts price targets for PKST
or view top-rated stocks among Wall Street analysts.

How have PKST shares performed in 2024?

Peakstone Realty Trust's stock was trading at $19.93 at the start of the year. Since then, PKST shares have decreased by 32.5% and is now trading at $13.45.
View the best growth stocks for 2024 here
.

Are investors shorting Peakstone Realty Trust?

Peakstone Realty Trust saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 1,140,000 shares, a decline of 34.5% from the March 31st total of 1,740,000 shares. Based on an average daily volume of 162,100 shares, the days-to-cover ratio is presently 7.0 days. Currently, 3.2% of the company's stock are sold short.
View Peakstone Realty Trust's Short Interest
.

When is Peakstone Realty Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our PKST earnings forecast
.

How were Peakstone Realty Trust's earnings last quarter?

Peakstone Realty Trust (NYSE:PKST) issued its quarterly earnings results on Thursday, February, 22nd. The company reported ($0.55) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by $1.20. The business earned $63.06 million during the quarter, compared to analysts' expectations of $62.07 million. Peakstone Realty Trust had a negative net margin of 216.52% and a negative trailing twelve-month return on equity of 38.73%.

How often does Peakstone Realty Trust pay dividends? What is the dividend yield for Peakstone Realty Trust?

Peakstone Realty Trust declared a quarterly dividend on Wednesday, May 8th. Investors of record on Friday, June 28th will be given a dividend of $0.225 per share on Thursday, July 18th. This represents a $0.90 annualized dividend and a dividend yield of 6.69%. The ex-dividend date of this dividend is Friday, June 28th.
Read our dividend analysis for PKST
.

Is Peakstone Realty Trust a good dividend stock?

Peakstone Realty Trust (NYSE:PKST) pays an annual dividend of $0.90 per share and currently has a dividend yield of 6.49%. PKST has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for PKST.

Who are Peakstone Realty Trust's major shareholders?

Peakstone Realty Trust's stock is owned by a number of institutional and retail investors. Top institutional investors include Cambridge Investment Research Advisors Inc. (0.70%), Commonwealth Equity Services LLC (0.32%), TCP Asset Management LLC (0.30%), Sumitomo Mitsui Trust Holdings Inc. (0.11%), J.W. Cole Advisors Inc. (0.07%) and Capital Wealth Management LLC (0.06%).

How do I buy shares of Peakstone Realty Trust?

Shares of PKST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PKST) was last updated on 5/9/2024 by MarketBeat.com Staff

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