Peakstone Realty Trust (PKST)
Market Cap | 414.03M |
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 (7.91%) |
Ex-Dividend Date | Dec 31, 2024 |
Volume | 322,815 |
Open | 11.27 |
Previous Close | 11.46 |
Day's Range | 11.27 - 11.97 |
52-Week Range | 9.89 - 21.73 |
Beta | n/a |
Analysts | Hold |
Price Target | 15.00 (+31.81%) |
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]
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 StatementsAnalyst Forecast
According to one analyst, the rating for PKST stock is "Hold" and the 12-month stock price forecast is $15.0.
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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.
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...
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...
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...
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...
Peakstone Realty Trust (PKST) Q4 2023 Earnings Call Transcript
Peakstone Realty Trust (PKST) Q4 2023 Earnings Call Transcript
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...
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
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.
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...
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...
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...
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...