A History of Outperforming Analyst Forecasts and Beating the Odds: Peakstone Realty Trust (PKST)

With 0.11 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.15 million shares. During the session, the REIT – Office company that operates in wider Real Estate sector, reached to the highest price of $13.78 whereas the lowest price it dropped to was $13.28. The 52-week range on PKST shows that it touched its highest point at $21.73 and its lowest point at $9.89 during that stretch. It currently has a 1-year price target of $13.50. With its current market cap of 487.16 million, PKST has annualized dividend of $0.90 while the current yield stands at 6.72%. Beta for the stock currently stands at 2.45.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PKST was up-trending over the past week, with a rise of 5.10%, but this was up by 2.92% over a month. Three-month performance surged to 1.67% while six-month performance rose 9.66%. The stock lost -23.35% in the past year, while it has lost -32.81% so far this year. A look at the trailing 12-month EPS for PKST yields -1.19 with Next year EPS estimates of 0.04. For the next quarter, that number is -0.02. This implies an EPS growth rate of 95.74% for this year and 106.06% for next year.

Float and Shares Shorts:

At present, 36.30 million PKST shares are outstanding with a float of 36.10 million shares on hand for trading. On 2024-11-15, short shares totaled 1.33 million, which was 366.0 higher than short shares on 1728950400. In addition to Mr. Casey R. Wold as the firm’s Executive Chairman of Board, Mr. Michael J. Escalante serves as its CEO, President & Trustee.

Institutional Ownership:

Through their ownership of 0.43051997 of PKST’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, PKST reported revenue of $54960000.0 and operating income of $11854000.0. The EBITDA in the recently reported quarter was $38188000.0 and diluted EPS was -$0.67.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PKST since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With PKST analysts setting a high price target of 15.0 and a low target of 12.0, the average target price over the next 12 months is 13.5. Based on these targets, PKST could surge 12.02% to reach the target high and fall by -10.38% to reach the target low. Reaching the average price target will result in a growth of 0.82% from current levels.

Analysts have provided yearly estimates in a range of -$0.65442 being high and -$0.66558 being low. For PKST, this leads to a yearly average estimate of -$0.66.