Peakstone Realty Trust (PKST) Projected to Post Quarterly Earnings on Thursday

Peakstone Realty Trust (NYSE:PKST - Get Free Report) is expected to be announcing its Q1 2025 earnings results after the market closes on Thursday, May 8th. Analysts expect the company to announce earnings of $0.59 per share and revenue of $55.20 million for the quarter.

Peakstone Realty Trust (NYSE:PKST - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.65 earnings per share for the quarter, beating analysts' consensus estimates of ($0.20) by $0.85. Peakstone Realty Trust had a negative return on equity of 0.85% and a negative net margin of 4.38%. The company had revenue of $57.93 million during the quarter, compared to analyst estimates of $54.68 million. On average, analysts expect Peakstone Realty Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Peakstone Realty Trust Trading Up 1.1 %

PKST traded up $0.13 on Friday, hitting $11.53. 81,255 shares of the company were exchanged, compared to its average volume of 183,897. The company has a debt-to-equity ratio of 1.03, a quick ratio of 5.24 and a current ratio of 5.24. The firm has a fifty day simple moving average of $12.01 and a two-hundred day simple moving average of $12.00. The stock has a market capitalization of $423.79 million, a PE ratio of -41.18 and a beta of 1.73. Peakstone Realty Trust has a 12 month low of $9.89 and a 12 month high of $16.26.

Peakstone Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 31st were issued a $0.225 dividend. This represents a $0.90 annualized dividend and a dividend yield of 7.81%. The ex-dividend date of this dividend was Monday, March 31st. Peakstone Realty Trust's dividend payout ratio is -321.43%.

Wall Street Analysts Forecast Growth

PKST has been the topic of a number of recent analyst reports. UBS Group started coverage on shares of Peakstone Realty Trust in a report on Thursday, January 16th. They issued a "buy" rating and a $15.00 price target on the stock. Truist Financial increased their price objective on Peakstone Realty Trust from $13.00 to $15.00 and gave the stock a "hold" rating in a report on Monday, March 24th.

Peakstone Realty Trust Company Profile

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.