| Peakstone Realty Trust: Strategic Pivot Progresses In Q1, But Concerns Remain |
Peakstone Realty Trust shares rallied 5% post-Q1 results, showing progress in leasing new properties and reducing office exposure despite significant asset debt and unproven IOS track record. Q1 results were impacted by $52 million in property impairments, but core FFO of $0.62 provided strong coverage for its $0.225 dividend. The strategic pivot to industrial outdoor storage is promising, but execution risks and high debt levels limit the stock's upside potential. |
seekingalpha.com |
2025-05-12 12:58:58 |
Czytaj oryginał (ang.) |
| Peakstone Realty Trust (PKST) Q1 2025 Earnings Call Transcript |
Peakstone Realty Trust (NYSE:PKST ) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Steve Swett – Investor Relations Mike Escalante – President and Chief Executive Officer Javier Bitar – Chief Financial Officer Conference Call Participants Jana Galan – Bank of America Kathryn Graves – UBS Anthony Hau – Truist Securities Operator Greetings, and welcome to Peakstone Realty Trust First Quarter 2025 Earnings Webcast Conference Call. At this time, all participants are in listen-only mode. |
seekingalpha.com |
2025-05-10 21:46:08 |
Czytaj oryginał (ang.) |
| Peakstone Realty Trust (PKST) Beats Q1 FFO Estimates |
Peakstone Realty Trust (PKST) came out with quarterly funds from operations (FFO) of $0.62 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to FFO of $0.70 per share a year ago. |
zacks.com |
2025-05-08 23:50:25 |
Czytaj oryginał (ang.) |
| Peakstone Realty Trust Reports First Quarter 2025 Results |
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust Reports First Quarter 2025 Results. |
businesswire.com |
2025-05-08 20:22:00 |
Czytaj oryginał (ang.) |
| Peakstone Realty Trust Announces Date for First Quarter 2025 Earnings Release and Webcast |
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust (the "Company") (NYSE: PKST), a real estate investment trust (REIT) focused on owning and operating industrial assets, announced it will release its first quarter 2025 financial results after the market closes on Thursday, May 8, 2025. Peakstone will host a webcast to present the results on Thursday, May 8, 2025 at 5:00 p.m. Eastern Time. To access the webcast, which will be available in listen-only mode, please visit https://investors. |
businesswire.com |
2025-04-24 20:15:00 |
Czytaj oryginał (ang.) |
| The State Of REITs: April 2025 Edition |
REITs finished the first quarter of 2025 in the red (-3.36%) with a brutal -4.92% average total return in March. Large cap (-2.04%) and mid cap REITs (-2.63%) saw modest losses, but small caps (-4.16%) and micro caps (-16.19%) had a particularly bad month. Only 29.49% of REIT securities had a positive total return in March. |
seekingalpha.com |
2025-04-21 16:22:45 |
Czytaj oryginał (ang.) |
| Cash COWs: 11 High-Yield REITs |
Now is a good time to invest in REITs due to low inflation, expected rate cuts, and a bullish technical trend. Analyst upgrades on REITs outnumber downgrades, and many quality REITs offer higher-than-usual yields, making them attractive for income investors. Dividend safety is crucial; Seeking Alpha Premium's Quant Ratings help identify REITs with low risk of dividend cuts, ensuring stable income. |
seekingalpha.com |
2025-04-03 11:30:00 |
Czytaj oryginał (ang.) |
| Peakstone Realty Trust (PKST) Q4 2024 Earnings Call Transcript |
Peakstone Realty Trust (NYSE:PKST ) Q4 2024 Earnings Conference Call February 20, 2025 5:00 PM ET Company Participants Steve Swett - Investor Relations Mike Escalante - President & Chief Executive Officer Javier Bitar - Chief Financial Officer Conference Call Participants Farrell Granath - Bank of America Michael Goldsmith - UBS Anthony Hau - Truist Securities Operator Greetings, and welcome to Peakstone Realty Trust's Fourth Quarter 2024 Earnings Webcast Conference Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2025-02-20 23:19:01 |
Czytaj oryginał (ang.) |
| Peakstone Realty Trust Reports Fourth Quarter and Full Year 2024 Results |
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust (the "Company") (NYSE: PKST), a real estate investment trust that is focused on owning and operating industrial assets, today announced its financial results for the quarter and full year ended December 31, 2024. Michael Escalante, CEO commented, “Our previously communicated strategic plan to shift our portfolio more towards industrial is well underway, with our industrial ABR already nearly 40% of our total ABR. Over the course of 202. |
businesswire.com |
2025-02-20 18:05:00 |
Czytaj oryginał (ang.) |
| Peakstone Realty Trust Announces Tax Treatment of 2024 Distributions |
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust (the “Company”) (NYSE: PKST), a real estate investment trust (REIT) focused on owning and operating industrial assets, today announced the tax treatment of the Company's 2024 distributions for its common shares as they will be reported on Form 1099-DIV. Ordinary Income Capital Gains Record Date Payable Date Total 2024 Total (Box 1a) Total (Box 2a) Unrecapt'd Sec 1250 (Box 2b) Nondividend Distributions(Box 3) Distributions Per Share (. |
businesswire.com |
2025-01-31 09:36:00 |
Czytaj oryginał (ang.) |
| Is the Options Market Predicting a Spike in Peakstone Realty Trust (PKST) Stock? |
Investors need to pay close attention to Peakstone Realty Trust (PKST) stock based on the movements in the options market lately. |
zacks.com |
2025-01-08 11:36:08 |
Czytaj oryginał (ang.) |
| 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 "sticky" leases, including headquarters and R&D facilities. Industrial properties realize 49% of their ABR from the locations that benefit from proximity to top US ports. |
seekingalpha.com |
2024-11-06 07:26:16 |
Czytaj oryginał (ang.) |
| 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 Company has acquired a portfolio of 51 industrial outdoor storage (“IOS”) properties from a joint venture between Alterra IOS, and institutional investors advised by J.P. Morgan Asset Management in an off-market transaction valued at $490 million. The acquisition was funded by a combination of proceed. |
businesswire.com |
2024-11-04 19:36:00 |
Czytaj oryginał (ang.) |
| 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 Javier Bitar - CFO Conference Call Participants Farrell Granath - Bank of America Operator Good afternoon, and welcome to Peakstone Realty Trust's Third Quarter 2024 Earnings Webcast. All participant lines are in a listen-only mode. |
seekingalpha.com |
2024-11-01 19:44:07 |
Czytaj oryginał (ang.) |
| Peakstone Realty Trust (PKST) Misses Q3 FFO and Revenue Estimates |
Peakstone Realty Trust (PKST) came out with quarterly funds from operations (FFO) of $0.65 per share, missing the Zacks Consensus Estimate of $0.73 per share. This compares to FFO of $0.78 per share a year ago. |
zacks.com |
2024-10-30 21:10:28 |
Czytaj oryginał (ang.) |
| 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 predominantly single-tenant industrial and office properties, announced it will release its third quarter 2024 financial results after the market closes on Wednesday, October 30, 2024. Peakstone will host a webcast to present the results on Wednesday, October 30, 2024 at 5:00 p.m. Eastern Time. To acc. |
businesswire.com |
2024-10-21 20:30:00 |
Czytaj oryginał (ang.) |
| 4 Unstoppable 6% Yielding Passive Income Dividend Stocks Are October Bargains |
24/7 Wall St. Insights High-yield dividend stocks are in big demand as interest rates drop. |
247wallst.com |
2024-10-18 12:46:55 |
Czytaj oryginał (ang.) |
| 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 & CEO Javier Bitar - CFO Conference Call Participants Farrell Granath - Bank of America Anthony Hau - Truist Securities Operator Greetings and welcome to Peakstone Realty Trust Second Quarter 2024 Earnings and Webcast Conference Call. At this time, all participants are in listen-only mode. |
seekingalpha.com |
2024-08-09 10:07:08 |
Czytaj oryginał (ang.) |
| Peakstone Realty Trust (PKST) Q2 FFO and Revenues Miss Estimates |
Peakstone Realty Trust (PKST) came out with quarterly funds from operations (FFO) of $0.70 per share, missing the Zacks Consensus Estimate of $0.71 per share. This compares to FFO of $0.73 per share a year ago. |
zacks.com |
2024-08-09 00:20:45 |
Czytaj oryginał (ang.) |
| 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 REITs. Seeking Alpha Premium offers a Dividend Safety grade for REITs. A grade of B- or better indicates a mere 1 in 50 risk of a dividend cut. |
seekingalpha.com |
2024-08-06 12:00:00 |
Czytaj oryginał (ang.) |
| Peakstone Realty Trust (PKST) Stock Jumps 5.8%: Will It Continue to Soar? |
Peakstone Realty Trust (PKST) witnessed a jump in share price last session on above-average trading volume. The latest trend in FFO estimate revisions for the stock doesn't suggest further strength down the road. |
zacks.com |
2024-07-16 14:46:20 |
Czytaj oryginał (ang.) |
| 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 cooler-than-expected CPI report. Headline CPI declined 0.1% month-over-month, which dragged the annual increase to below 3% for the first time since March 2021, while CPI ex-Shelter is again below the Fed's 2% target. Combined with recent softness in employment data and relatively dovish Fed commentary, markets now see at least two Fed rate cuts this year, with September now viewed as a near-lock. |
seekingalpha.com |
2024-07-14 13:00:00 |
Czytaj oryginał (ang.) |
| 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 industrial properties and strengthening their balance sheet. As a result of their near 50% share price decline, the 8.25% dividend yield may be an attractive opportunity for riskier investors. |
seekingalpha.com |
2024-07-12 12:00:00 |
Czytaj oryginał (ang.) |
| 7 REITs to Sell in July Before They Crash & Burn |
Although the Federal Reserve's continued caution regarding interest rate cuts has stymied a further recovery for real estate investment trusts (REITs), when it comes to the top REITs to sell, that's not the main issue at hand. Rather, these clear-cut sells in the sector face either REIT-specific or property class-specific headwinds. |
investorplace.com |
2024-07-05 21:12:18 |
Czytaj oryginał (ang.) |
| Best Value Stocks to Buy for May 31st |
EAT, CMRE and PKST made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 31, 2023. |
zacks.com |
2024-05-31 10:21:08 |
Czytaj oryginał (ang.) |
| Best Value Stocks to Buy for May 29th |
NMM, DXPE and PKST made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 29, 2023. |
zacks.com |
2024-05-29 10:31:05 |
Czytaj oryginał (ang.) |
| Peakstone Realty Trust (PKST) Moves to Strong Buy: Rationale Behind the Upgrade |
Peakstone Realty Trust (PKST) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. |
zacks.com |
2024-05-22 17:01:05 |
Czytaj oryginał (ang.) |
| The Ultimate Contrarian Plays: 7 Hated Stocks Yielding Up To 12.9% |
What's better than a big dividend? |
forbes.com |
2024-05-19 14:30:00 |
Czytaj oryginał (ang.) |
| 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 Bitar - Chief Financial Officer Conference Call Participants Farrell Granath - Bank of America Operator Greetings and welcome to Peakstone Realty Trust First Quarter 2024 Earnings Webcast. At this time, all participants are in listen-only mode. |
seekingalpha.com |
2024-05-10 09:36:56 |
Czytaj oryginał (ang.) |
| Peakstone Realty Trust (PKST) Lags Q1 FFO and Revenue Estimates |
Peakstone Realty Trust (PKST) came out with quarterly funds from operations (FFO) of $0.70 per share, missing the Zacks Consensus Estimate of $0.79 per share. This compares to FFO of $0.68 per share a year ago. |
zacks.com |
2024-05-07 23:56:10 |
Czytaj oryginał (ang.) |
| 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 predominantly single-tenant industrial and office properties, announced it will release its first quarter 2024 financial results after the market closes on Tuesday, May 7, 2024. Peakstone will host a webcast to present the results on Tuesday, May 7, 2024 at 5:00 p.m. Eastern Time. To access the webcas. |
businesswire.com |
2024-04-18 20:15:00 |
Czytaj oryginał (ang.) |