Presidio Property Trust, Inc.
(SQFT)
Add Watchlist
0.85 USD -0.01
Closed: 03 May, 3:55 pm
Symbol SQFT
Market Cap 11.1M
Price 0.85
Open 0.81
52-wk High 1.45
50 Day Avg 1.06
Earnings Announcement 2024-03-26
Website https://www.presidiopt.com
Name Presidio Property Trust, Inc.
Shares Outstanding 13,129,900
Change % 2.7397%
Low 0.81
52-wk Low 0.50
200 Day Avg 0.93
Last Dividend 0.09
Exchange NASDAQ
Volume 35,170
Previous Close 0.82
High 0.90
EPS 1.43
PE 0.59
Avg Volume 39,120
CUSIP 74102L303
Presidio Property Trust, Inc. Outlook
Description The Company is an internally managed, diversified REIT (formerly named NetREIT). The Company acquires, owns and manages a geographically diversified portfolio of real estate assets including office, industrial, retail and model home residential properties leased to homebuilders located throughout the United States. As of September 30, 2020, the Company owned or had an equity interest in: 128 Model Homes that are owned by six affiliated limited partnerships and one wholly-owned corporation; Ten office buildings and one industrial property, which totals approximately 998,016 rentable square feet; and Four retail shopping centers, which total approximately 131,722 rentable square feet.
Currency USD
ISIN US74102L3033
Industry REIT - Diversified
Changes 0.02
CUSIP 74102L303
Range 0.50 - 1.45
Beta 1.53
CIK 0001080657

Presidio Property Trust, Inc. News

28-Dec-2023 10:45 PM

The State Of REITs: December 2023 Edition

The REIT sector averaged a +9.50% total return in November, but remains in negative territory year to date (-2.27%). Large cap REITs (+11.54%) outperformed again in November. Micro caps (+3.30%) finally had a month in the black, but continue to badly underperform their larger peers. 90.2% of REIT securities had a positive total return in November, but only 42.5% are in the black year to date.

05-Dec-2023 6:37 AM

Extremely High Yield REITs: Danger And Opportunity

There are 19 equity REITs with yields greater than 9%, ranging up to 19%. High dividend yields in REITs are partly due to cheap valuations relative to the broader market. This article will discuss how to assess the underlying fundamentals and potential risks.

21-Jan-2023 2:08 PM

7 Penny Stock REITs With the Highest Dividend Yields

There are thousands of penny stocks. However, when it comes to penny stock REITs (real estate investment trusts), there are only a handful.

08-Sep-2022 9:30 AM

Presidio Property Trust: Finally, The Long-Awaited 80% Distribution Cut

Presidio Property Trust is a nano-cap REIT which has been paying a distribution it could not afford for over a year. Unsurprisingly, this resulted in a distribution cut to $0.02 based on the Q2 results, just one quarter after a small raise to $0.106/quarter.

16-Apr-2022 11:45 AM

Presidio Property Trust: I Avoid The Common Shares But Remain Long The 10.3% Preferred Shares

Presidio Property Trust is paying a dividend it cannot afford. The core FFO in H2 2021 was just 8 cents per share, while the REIT is paying $0.105 per quarter.

31-Mar-2022 10:23 PM

Presidio Property Trust, Inc. (SQFT) CEO Jack Heilbron on Q4 2021 Results - Earnings Call Transcript

Presidio Property Trust, Inc. (SQFT) CEO Jack Heilbron on Q4 2021 Results - Earnings Call Transcript

28-Jan-2022 7:09 PM

New Preferred Stock IPOs, January 2022

As January 2022 comes to a close, we look back at the new preferred stocks and ETDs introduced during the month, offering annual yields ranging from 4.1% to 5.375%. Here is a comparison against the highest quality preferred stocks in our coverage universe, as ranked by our internal “CDx3 Compliance Score” metric:

24-Dec-2021 10:04 AM

Presidio Property Trust: No Recovery In Sight

Presidio Property Trust continues to meander about, with its fundamental condition growing worse each quarter. Though the company has made a lot of changes in recent years, the picture has never been worse.

16-Dec-2021 5:05 AM

Presidio Property Trust Series D Preferred Stock: High Yield But Higher Risk

SQFTP is the preferred stock of Presidio Property Trust, a tiny REIT that IPO'd in October 2020. SQFTP has dipped in price recently, rendering a very enticing dividend yield over 10%.

11-Nov-2021 9:28 PM

Presidio Property Trust, Inc. (SQFT) CEO Jack Heilbron on Q3 2021 Results - Earnings Call Transcript

Presidio Property Trust, Inc. (SQFT) CEO Jack Heilbron on Q3 2021 Results - Earnings Call Transcript

15-Oct-2021 5:45 AM

Presidio Property Trust Announces Series D Preferred Stock Cash Dividend

SAN DIEGO, CA / ACCESSWIRE / October 15, 2021 / (NASDAQ:SQFT; NASDAQ:SQFTP) Presidio Property Trust, Inc. ("Presidio" or the "Company"), an internally managed, diversified real estate investment trust ("REIT"), today announced that its Board of Directors has authorized, and the Company has declared, a dividend on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock (the "Series D Preferred Stock") for the month of September 2021. In accordance with the terms of the Series D Preferred Stock, the Series D dividend will be payable in cash in the amount of $0.19531 per share on November 15, 2021, to shareholders of record of Series D Preferred Stock as of the dividend record date of October 31, 2021.