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

Company Overview

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.

Key Stats

• Today's Range: $13.78 to $14.19
• 50-Day Range: $12.64 to $15.71
• 52-Week Range: $9.89 to $21.73
• Volume: 152,659 shs
• Average Volume: 155,700 shs
• Market Capitalization: $505.35 million
• P/E Ratio: N/A
• Dividend Yield: 6.48%
• Price Target: $13.00
• Consensus Rating: Hold

Peakstone Realty Trust Stock Analysis - MarketRank™

Peakstone Realty Trust scored higher than 26% of companies evaluated by MarketBeat, and ranked 825th out of 931 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Peakstone Realty Trust has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Peakstone Realty Trust has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -3.86%

Earnings Growth

Earnings for Peakstone Realty Trust are expected to decrease by -3.86% in the coming year, from $2.59 to $2.49 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Peakstone Realty Trust is -11.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Peakstone Realty Trust is -11.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Peakstone Realty Trust has a P/B Ratio of 0.45. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.35% of the float of Peakstone Realty Trust has been sold short.

Short Interest Ratio / Days to Cover

Peakstone Realty Trust has a short interest ratio ("days to cover") of 8.5.

Change versus previous month

Short interest in Peakstone Realty Trust has recently decreased by 19.33%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Peakstone Realty Trust is a leading dividend payer. It pays a dividend yield of 6.43%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Peakstone Realty Trust does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Peakstone Realty Trust will have a dividend payout ratio of 36.14% next year. This indicates that Peakstone Realty Trust will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.35% of the float of Peakstone Realty Trust has been sold short.

Short Interest Ratio / Days to Cover

Peakstone Realty Trust has a short interest ratio ("days to cover") of 8.5.

Change versus previous month

Short interest in Peakstone Realty Trust has recently decreased by 19.33%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.89

News Sentiment

Peakstone Realty Trust has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Peakstone Realty Trust this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Peakstone Realty Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.50% of the stock of Peakstone Realty Trust is held by insiders.

Percentage Held by Institutions

Only 38.98% of the stock of Peakstone Realty Trust is held by institutions.

PKST Stock Analysis - Frequently Asked Questions

How have PKST shares performed this year?

Peakstone Realty Trust's stock was trading at $19.93 on January 1st, 2024. Since then, PKST shares have decreased by 30.3% and is now trading at $13.89.
View the best growth stocks for 2024 here.

How were Peakstone Realty Trust's earnings last quarter?

Peakstone Realty Trust (NYSE:PKST) issued its quarterly earnings data 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 analyst estimates of $62.07 million. Peakstone Realty Trust had a negative trailing twelve-month return on equity of 3.61% and a negative net margin of 18.26%.

Who are Peakstone Realty Trust's major shareholders?

Top institutional investors of Peakstone Realty Trust include International Assets Investment Management LLC (0.51%), Sigma Planning Corp (0.39%), TCP Asset Management LLC (0.28%) and CWM LLC (0.18%).

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.

What other stocks do shareholders of Peakstone Realty Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Peakstone Realty Trust investors own include BMO Capital Markets (), Stifel Nicolaus (), Wunderlich (), Standpoint Research (), Duncan Williams (), Soleil Securities () and Sterne Agee CRT ().

Company Calendar

• Last Earnings: 2/22/2024
• Ex-Dividend for 10/17 Dividend: 9/30/2024
• Dividend Payable: 10/17/2024
• Today: 11/10/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NYSE:PKST
• CUSIP: N/A
• CIK: 1600626
• Web: www.pkst.com
• Phone: (310) 606-3200
• Fax: N/A
• Employees: 35
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $13.00
• High Stock Price Target: $13.00
• Low Stock Price Target: $13.00
• Potential Upside/Downside: -6.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.18)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 5.36
• P/E Growth: N/A
• Net Income: $-550,580,000.00
• Net Margins: -18.26%
• Pretax Margin: -20.13%
• Return on Equity: -3.61%
• Return on Assets: -1.59%

Debt

• Debt-to-Equity Ratio: 1.03
• Current Ratio: 5.24
• Quick Ratio: 5.24

Sales & Book Value

• Annual Sales: $233.20 million
• Price / Sales: 2.17
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $31.12 per share
• Price / Book: 0.45

Miscellaneous

• Outstanding Shares: 36,382,000
• Free Float: 36,200,000
• Market Cap: $505.35 million
• Optionable: Optionable
• Beta: 2.57