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

Company Overview

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.

Key Stats

• Today's Range: $0.64 to $0.74
• 50-Day Range: $0.55 to $0.77
• 52-Week Range: $0.50 to $1.45
• Volume: 34,562 shs
• Average Volume: 32,366 shs
• Market Capitalization: $9.88 million
• P/E Ratio: N/A
• Dividend Yield: 7.35%
• Price Target: N/A
• Consensus Rating: N/A

Presidio Property Trust Stock Analysis - MarketRank™

Presidio Property Trust scored higher than 23% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Presidio Property Trust.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Presidio Property Trust has a P/B Ratio of 0.15. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.54% of the outstanding shares of Presidio Property Trust have been sold short.

Short Interest Ratio / Days to Cover

Presidio Property Trust has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Presidio Property Trust has recently increased by 9.85%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Presidio Property Trust is a leading dividend payer. It pays a dividend yield of 6.39%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Presidio Property Trust has only been increasing its dividend for 1 years.

Sustainability and ESG

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

Percentage of Shares Shorted

0.54% of the outstanding shares of Presidio Property Trust have been sold short.

Short Interest Ratio / Days to Cover

Presidio Property Trust has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Presidio Property Trust has recently increased by 9.85%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

MarketBeat Follows

1 people have added Presidio Property Trust to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Presidio Property Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought $13,340.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

18.70% of the stock of Presidio Property Trust is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 38.92% of the stock of Presidio Property Trust is held by institutions.

SQFT Stock Analysis - Frequently Asked Questions

How have SQFT shares performed this year?

Presidio Property Trust's stock was trading at $1.03 at the start of the year. Since then, SQFT shares have decreased by 34.0% and is now trading at $0.68.
View the best growth stocks for 2024 here.

How were Presidio Property Trust's earnings last quarter?

Presidio Property Trust, Inc. (NASDAQ:SQFT) issued its quarterly earnings results on Thursday, November, 11th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by $0.03. The business earned $4.38 million during the quarter, compared to analyst estimates of $5.89 million. Presidio Property Trust had a negative net margin of 28.19% and a negative trailing twelve-month return on equity of 24.25%.

When did Presidio Property Trust's stock split?

Shares of Presidio Property Trust split before market open on Friday, January 21st 2022. The 2-1 split was announced on Friday, January 21st 2022. The newly minted shares were payable 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.

Company Calendar

• Last Earnings: 11/11/2021
• Today: 9/22/2024
• Next Earnings (Estimated): 11/12/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrial Products
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NASDAQ:SQFT
• CUSIP: N/A
• CIK: 1080657
• Web: www.presidiopt.com
• Phone: 760-471-8536
• Fax: 760-471-0399
• Employees: 20
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $10.15 million
• Net Margins: -28.19%
• Pretax Margin: -6.14%
• Return on Equity: -24.25%
• Return on Assets: -8.34%

Debt

• Debt-to-Equity Ratio: 2.27
• Current Ratio: 2.82
• Quick Ratio: 2.82

Sales & Book Value

• Annual Sales: $17.64 million
• Price / Sales: 0.56
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.67 per share
• Price / Book: 0.15

Miscellaneous

• Outstanding Shares: 14,530,000
• Free Float: 11,759,000
• Market Cap: $9.88 million
• Optionable: Optionable
• Beta: 1.57