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

Presidio Property Trust's stock was trading at $1.03 at the start of the year. Since then, SQFT shares have decreased by 12.6% and is now trading at $0.90.
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Presidio Property Trust saw a increase in short interest in March. As of March 31st, there was short interest totaling 71,000 shares, an increase of 97.8% from the March 15th total of 35,900 shares. Based on an average trading volume of 34,700 shares, the days-to-cover ratio is presently 2.0 days.
View Presidio Property Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our SQFT earnings forecast.

Presidio Property Trust, Inc. (NASDAQ:SQFT) released its quarterly earnings results on Thursday, November, 11th. The company reported ($0.07) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by $0.03. The firm earned $4.38 million during the quarter, compared to the consensus estimate of $5.89 million. Presidio Property Trust had a net margin of 107.48% and a negative trailing twelve-month return on equity of 6.80%. During the same quarter in the prior year, the firm posted ($0.10) earnings per share.

Presidio Property Trust announced a quarterly dividend on Tuesday, December 5th. Shareholders of record on Monday, December 18th will be paid a dividend of $0.023 per share on Tuesday, December 26th. This represents a $0.09 annualized dividend and a yield of 10.22%. The ex-dividend date of this dividend is Friday, December 15th.
Read our dividend analysis for SQFT.

Presidio Property Trust (NASDAQ:SQFT) pays an annual dividend of $0.09 per share and currently has a dividend yield of 10.00%. SQFT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 6.34%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SQFT.

Presidio Property Trust shares split on the morning of Friday, January 21st 2022. The 2-1 split was announced on Friday, January 21st 2022. The newly minted shares were issued to shareholders after the closing bell on Friday, January 21st 2022. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Presidio Property Trust (SQFT) raised $2 million in an initial public offering on Wednesday, October 7th 2020. The company issued 500,000 shares at a price of $5.00 per share. Kingswood Capital Markets (a division of Benchmark Investments) served as the underwriter for the IPO.

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.
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