Presidio Property Trust (SQFT) Stock Forecast, Price & News

Presidio Property Trust's stock was trading at $0.95 at the start of the year. Since then, SQFT shares have decreased by 5.3% and is now trading at $0.90.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our SQFT earnings forecast.

Presidio Property Trust, Inc. (NASDAQ:SQFT) posted its earnings results on Thursday, November, 11th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.04) by $0.03. The company earned $4.38 million during the quarter, compared to the consensus estimate of $5.89 million. Presidio Property Trust had a negative trailing twelve-month return on equity of 5.32% and a negative net margin of 16.36%. During the same period in the previous year, the business posted ($0.10) earnings per share.

Presidio Property Trust declared a quarterly dividend on Monday, March 20th. Stockholders of record on Thursday, March 30th will be given a dividend of $0.022 per share on Friday, March 31st. This represents a $0.09 annualized dividend and a yield of 9.78%. The ex-dividend date is Wednesday, March 29th. This is an increase from the stock's previous quarterly dividend of $0.02.
Read our dividend analysis for SQFT.

Presidio Property Trust (NASDAQ:SQFT) pays an annual dividend of $0.09 per share and currently has a dividend yield of 9.65%. SQFT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for SQFT.

Presidio Property Trust shares split on Friday, January 21st 2022. The 2-1 split was announced on Friday, January 21st 2022. The newly minted shares were payable to shareholders after the market closes on Friday, January 21st 2022. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

(SQFT) raised $2 million in an initial public offering (IPO) on Wednesday, October 7th 2020. The company issued 500,000 shares at $5.00 per share. Kingswood Capital Markets (a division of Benchmark Investments) acted as the underwriter for the IPO.

Presidio Property Trust trades on the NASDAQ under the ticker symbol "SQFT."

Presidio Property Trust's stock is owned by a number of retail and institutional investors. Top institutional investors include International Assets Investment Management LLC (1.24%), Susquehanna International Group LLP (0.75%), IFP Advisors Inc (0.28%) and Simplex Trading LLC (0.00%). Insiders that own company stock include Adam Sragovicz, David Bruen, Edwin H Iv Bentzen, Gary Morris Katz, Jack Kendrick Heilbron, James Robert Durfey and Larry Gene Dubose.
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Shares of SQFT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SQFT stock can currently be purchased for approximately $0.90.

Presidio Property Trust (NASDAQ:SQFT) has a market capitalization of $11.76 million and generates $17.76 million in revenue each year. The company earns $-2,130,000.00 in net income (profit) each year or ($0.38) on an earnings per share basis.

Presidio Property Trust's mailing address is 4995 Murphy Canyon Rd Ste 300, San Diego, California 92123-4366. The official website for the company is www.presidiopt.com. The company can be reached via phone at 760-471-8536, via email at lhartkorn@presidiopt.com, or via fax at 760-471-0399.