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

Presidio Property Trust's stock was trading at $1.03 at the beginning of the year. Since then, SQFT stock has decreased by 12.6% and is now trading at $0.9001.
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Presidio Property Trust saw a increase in short interest during the month of 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 short-interest ratio is currently 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.
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Presidio Property Trust, Inc. (NASDAQ:SQFT) announced 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 had revenue of $4.38 million for the quarter, compared to analyst estimates of $5.89 million. Presidio Property Trust had a negative trailing twelve-month return on equity of 6.80% and a net margin of 107.48%. During the same period last year, the company earned ($0.10) EPS.

Presidio Property Trust declared a quarterly dividend on Tuesday, December 5th. Investors of record on Monday, December 18th will be given 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.

Shares of Presidio Property Trust split on the morning of Friday, January 21st 2022. The 2-1 split was announced on Friday, January 21st 2022. The newly created shares were payable 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 IPO 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.

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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