Peakstone Realty Trust (PKST) to Release Earnings on Wednesday

Peakstone Realty Trust (NYSE:PKST) is set to issue its quarterly earnings data after the market closes on Wednesday, October 30th. Analysts expect Peakstone Realty Trust to post earnings of $0.67 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Peakstone Realty Trust Stock Performance

PKST stock opened at $13.96 on Wednesday. The stock’s 50 day simple moving average is $13.63 and its 200 day simple moving average is $13.08. Peakstone Realty Trust has a 12-month low of $9.89 and a 12-month high of $21.73. The firm has a market cap of $507.86 million, a P/E ratio of -3.44 and a beta of 2.63. The company has a current ratio of 8.03, a quick ratio of 8.03 and a debt-to-equity ratio of 1.19.

Peakstone Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Monday, September 30th were paid a dividend of $0.225 per share. The ex-dividend date was Monday, September 30th. This represents a $0.90 annualized dividend and a yield of 6.45%. Peakstone Realty Trust’s payout ratio is -22.17%.

Wall Street Analysts Forecast Growth

Separately, Truist Financial decreased their price target on shares of Peakstone Realty Trust from $16.00 to $13.00 and set a “hold” rating for the company in a report on Wednesday, August 21st.

Peakstone Realty Trust Company Profile

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.