Peakstone Realty Trust (PKST)

NYSE: PKST · Real-Time Price · USD
12.74
-0.28 (-2.15%)
Nov 20, 2024, 4:00 PM EST - Market closed
-2.15%
Market Cap 463.51M
Revenue (ttm) 233.20M
Net Income (ttm) -43.03M
Shares Out 36.38M
EPS (ttm) -1.19
PE Ratio n/a
Forward PE n/a
Dividend $0.90 (7.06%)
Ex-Dividend Date Dec 31, 2024
Volume 79,301
Open 12.92
Previous Close 13.02
Day's Range 12.45 - 12.92
52-Week Range 9.89 - 21.73
Beta n/a
Analysts Hold
Price Target 15.00 (+17.74%)
Earnings Date Oct 30, 2024

About 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. [Read more]

Industry REIT - Office
Sector Real Estate
Founded 2008
Employees 35
Stock Exchange NYSE
Ticker Symbol PKST
Full Company Profile

Financial Performance

In 2023, Peakstone Realty Trust's revenue was $206.85 million, a decrease of -49.11% compared to the previous year's $406.49 million. Losses were -$557.93 million, 35.4% more than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for PKST stock is "Hold" and the 12-month stock price forecast is $15.0.

Price Target
$15.0
(17.74% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Peakstone Realty Trust: Deep Value Play

Peakstone Realty Trust remains undervalued trading at 11.5% implied cap rate, and an adjusted net asset value of $23 per share implying a 78% upside. 56% of its Office portfolio's ABR comes from "stic...

15 days ago - Seeking Alpha

Peakstone Realty Trust Acquires 51-Property Industrial Outdoor Storage Portfolio

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust (the "Company") (NYSE: PKST), a real estate investment trust focused on owning and operating industrial assets, announced today that the Com...

16 days ago - Business Wire

Peakstone Realty Trust (PKST) Q3 2024 Earnings Call Transcript

Peakstone Realty Trust (NYSE:PKST) Q3 2024 Results Conference Call October 30, 2024 5:00 PM ET Company Participants Mikayla Lynch - SVP, Corporate Finance & Strategy Mike Escalante - President & CEO ...

19 days ago - Seeking Alpha

Peakstone Realty Trust Reports Third Quarter 2024 Results

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust (the "Company") (NYSE: PKST), a real estate investment trust that owns and operates a high-quality, newer-vintage portfolio of predominantly...

21 days ago - Business Wire

Peakstone Realty Trust Announces Date for Third Quarter 2024 Earnings Release and Webcast

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust ("PKST" or the "Company") (NYSE: PKST), a real estate investment trust that owns and operates a high-quality, newer-vintage portfolio of pre...

4 weeks ago - Business Wire

Peakstone Realty Trust (PKST) Q2 2024 Earnings Call Transcript

Peakstone Realty Trust (NYSE:PKST) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Mikayla Lynch - SVP, Corporate Finance & Strategy Michael Escalante - President & CE...

3 months ago - Seeking Alpha

Peakstone Realty Trust Reports Second Quarter 2024 Results

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust (the "Company") (NYSE: PKST), a real estate investment trust that owns and operates a high-quality, newer-vintage portfolio of predominantly...

3 months ago - Business Wire

Cash Cows: 9 High-Yield REITs With Safe Dividends

High-quality REITs with higher yields than usual may be a good investment opportunity. Income investors may find U.S. treasuries more appealing due to lower risk and higher yields compared to most REI...

Other symbols: APLEBHRBNLBXPCIODOCEPR
3 months ago - Seeking Alpha

Peakstone Realty Trust Amends and Extends Credit Facility

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust (the "Company") (NYSE: PKST), a real estate investment trust that owns and operates a high-quality, newer-vintage portfolio of predominantly...

4 months ago - Business Wire

Peakstone Realty Trust Announces Date for Second Quarter 2024 Earnings Release and Webcast

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust ("PKST" or the "Company") (NYSE: PKST), a real estate investment trust that owns and operates a high-quality, newer-vintage portfolio of pre...

4 months ago - Business Wire

REITs Rip As Rates Retreat

U.S. equity markets climbed to record highs, while benchmark interest rates dipped to four-month lows as investors rotated from high-flying growth stocks into beaten-down value names following a coole...

4 months ago - Seeking Alpha

Peakstone Realty Trust: Down Nearly 50% YTD, Is Now A Good Time To Buy?

Peakstone Realty Trust is a newly IPO'd REIT with a short track record, going public in 2023. Despite a decline in performance and share price, PKST is focusing on optimizing their portfolio towards i...

4 months ago - Seeking Alpha

The Ultimate Contrarian Plays: 7 Hated Stocks Yielding Up To 12.9%

What's better than a big dividend? A hated high yield. Especially when the disgust comes from Wall Street analysts themselves. You know, the fanboys who follow the company for a living.

Other symbols: ALXBKENSAPSECWUXRX
6 months ago - Forbes

Peakstone Realty Trust (PKST) Q1 2024 Earnings Call Transcript

Peakstone Realty Trust (NYSE:PKST) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Mikayla Lynch - Head, IR Michael Escalante - President & Chief Executive Officer Javier...

6 months ago - Seeking Alpha

Peakstone Realty Trust Reports First Quarter 2024 Results

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust ("PKST" or the "Company") (NYSE: PKST), a real estate investment trust that owns and operates a high-quality, newer-vintage portfolio of pre...

7 months ago - Business Wire

Peakstone Realty Trust Announces Date for First Quarter 2024 Earnings Release and Webcast

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust ("PKST" or the "Company") (NYSE: PKST), a real estate investment trust that owns and operates a high-quality, newer-vintage portfolio of pre...

7 months ago - Business Wire

Peakstone Realty Trust Announces Date for 2024 Annual Meeting of Shareholders

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust ("PKST" or the "Company") (NYSE: PKST), a real estate investment trust that owns and operates a high-quality, newer-vintage portfolio of pre...

9 months ago - Business Wire

Peakstone Realty Trust (PKST) Q4 2023 Earnings Call Transcript

Peakstone Realty Trust (PKST) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Peakstone Realty Trust Reports Fourth Quarter and Full Year 2023 Results

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust ("PKST" or the "Company") (NYSE: PKST), a real estate investment trust that owns and operates a high-quality, newer-vintage portfolio of pre...

9 months ago - Business Wire

Navigating The Tides: Peakstone Realty Trust's Strategic Moves In A Challenging Market

Navigating The Tides: Peakstone Realty Trust's Strategic Moves In A Challenging Market

10 months ago - Seeking Alpha

Top 2 Real Estate Stocks You'll Regret Missing This Quarter - Peakstone Realty Tr (NYSE:PKST), Ohmyhome (NASDAQ:OMH)

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: OMH
10 months ago - Benzinga

Peakstone Realty Trust Announces Date for Fourth Quarter and Full Year 2023 Earnings Release and Webcast

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust (NYSE: PKST) (“Peakstone” or the “Company”), a real estate investment trust (REIT) focused on owning and operating a high-quality, newer-vin...

10 months ago - Business Wire

Peakstone Realty Trust Announces Tax Treatment of 2023 Distributions

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust (NYSE: PKST) (“Peakstone” or the “Company”), a real estate investment trust (REIT) focused on owning and operating a high-quality, newer-vin...

10 months ago - Business Wire

Peakstone Realty Might Need To Choose Between Industrial And Office Properties

Peakstone Realty Trust is paying out a 5.7% dividend yield that's 347% covered by AFFO from its most recent quarter. The REIT only went public last year and is up markedly from its listing price. Disp...

10 months ago - Seeking Alpha

Peakstone Realty Trust Reports 2023 Third Quarter Results

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust ("PKST" or the "Company") (NYSE: PKST), a real estate investment trust focused on owning and operating a high-quality, newer-vintage portfol...

1 year ago - Business Wire