Peakstone Realty Trust (PKST) Scheduled to Post Earnings on Wednesday

Peakstone Realty Trust (NYSE:PKST) is set to release its 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. Investors that are interested in participating in the company’s conference call can do so using this link.

Peakstone Realty Trust Stock Performance

Shares of NYSE:PKST opened at $13.18 on Tuesday. The company has a current ratio of 8.03, a quick ratio of 8.03 and a debt-to-equity ratio of 1.19. The company has a 50-day moving average price of $13.72 and a 200-day moving average price of $13.04. The company has a market cap of $478.33 million, a price-to-earnings ratio of -0.85 and a beta of 2.63. Peakstone Realty Trust has a 12 month low of $9.89 and a 12 month high of $21.73.

Peakstone Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Monday, September 30th were issued a dividend of $0.225 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 6.83%. Peakstone Realty Trust’s dividend payout ratio is presently -5.79%.

Analyst Upgrades and Downgrades

Separately, Truist Financial lowered their price objective 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.

About Peakstone Realty Trust

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.