NASDAQ:SQFT

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

$1.02
+0.05 (+5.15%)
(As of 04/24/2024 ET)
Today's Range
$0.93
$1.03
50-Day Range
$0.84
$1.34
52-Week Range
$0.50
$1.45
Volume
23,156 shs
Average Volume
36,476 shs
Market Capitalization
$14.75 million
P/E Ratio
0.72
Dividend Yield
8.82%
Price Target
N/A
SQFT stock logo

About Presidio Property Trust Stock (NASDAQ:SQFT)

Presidio is an internally managed, diversified REIT with holdings in model home properties which are triple-net leased to homebuilders, office, industrial, and retail properties. Presidio's model homes are leased to homebuilders located in Arizona, Illinois, Texas, Wisconsin, and Florida. Our office, industrial and retail properties are located primarily in Colorado, with properties also located in Maryland, North Dakota, Texas, and Southern California. While geographical clustering of real estate enables us to reduce our operating costs through economies of scale by servicing several properties with less staff, it makes us susceptible to changing market conditions in these discrete geographic areas, including those that have developed as a result of COVID-19. Presidio owns approximately 6.5% of the outstanding common stock of Conduit Pharmaceuticals Inc., a disease agnostic multi-asset clinical-stage disease-agnostic life science company providing an efficient model for compound development.

SQFT Stock Price History

SQFT Stock News Headlines

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Presidio Property Trust Cl A
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Presidio Property Trust Announces New Denver Lease
SQFT Presidio Property Trust, Inc.
Presidio Property Trust Inc Ordinary Shares Class A
Presidio Property Trust, Inc. (SQFTP)
Presidio Property Trust declares $0.106 dividend
See More Headlines
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Company Calendar

Last Earnings
11/11/2021
Today
4/24/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Current Symbol
NASDAQ:SQFT
Employees
18
Year Founded
N/A

Profitability

Net Income
$10.15 million
Pretax Margin
74.72%

Debt

Sales & Book Value

Annual Sales
$17.64 million
Cash Flow
$1.50 per share
Book Value
$4.67 per share

Miscellaneous

Free Float
12,931,000
Market Cap
$14.75 million
Optionable
Optionable
Beta
1.56
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SQFT Stock Analysis - Frequently Asked Questions

How have SQFT shares performed in 2024?

Presidio Property Trust's stock was trading at $1.03 at the beginning of 2024. Since then, SQFT stock has decreased by 1.0% and is now trading at $1.02.
View the best growth stocks for 2024 here
.

Are investors shorting Presidio Property Trust?

Presidio Property Trust saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 71,000 shares, an increase of 97.8% from the March 15th total of 35,900 shares. Based on an average daily trading volume, of 34,700 shares, the days-to-cover ratio is currently 2.0 days.
View Presidio Property Trust's Short Interest
.

When is Presidio Property Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our SQFT earnings forecast
.

How were Presidio Property Trust's earnings last quarter?

Presidio Property Trust, Inc. (NASDAQ:SQFT) announced its earnings results on Thursday, November, 11th. The company reported ($0.07) earnings per share 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 20.59% and a net margin of 57.53%. During the same period in the prior year, the company earned ($0.10) EPS.

How often does Presidio Property Trust pay dividends? What is the dividend yield for Presidio Property Trust?

Presidio Property Trust announced a quarterly dividend on Tuesday, December 5th. Stockholders of record on Monday, December 18th will be paid a dividend of $0.023 per share on Tuesday, December 26th. This represents a $0.09 annualized dividend and a yield of 9.02%. The ex-dividend date of this dividend is Friday, December 15th.
Read our dividend analysis for SQFT
.

Is Presidio Property Trust a good dividend stock?

Presidio Property Trust (NASDAQ:SQFT) pays an annual dividend of $0.09 per share and currently has a dividend yield of 9.43%. SQFT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 6.34%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SQFT.

When did Presidio Property Trust's stock split?

Presidio Property Trust's stock split before market open on Friday, January 21st 2022. The 2-1 split was announced on Friday, January 21st 2022. The newly issued shares were issued 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.

When did Presidio Property Trust IPO?

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

How do I buy shares of Presidio Property Trust?

Shares of SQFT 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 (NASDAQ:SQFT) was last updated on 4/24/2024 by MarketBeat.com Staff

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