PKST

Peakstone Realty Trust

13.29 USD
-0.40
2.92%
Updated Dec 3, 1:43 PM EST
1 day
-2.92%
5 days
0.99%
1 month
1.68%
3 months
5.31%
6 months
6.83%
Year to date
-27.85%
1 year
-24.49%
5 years
14.08%
10 years
14.08%
 

About: Peakstone Realty Trust is an internally managed, publicly registered real estate investment trust (REIT) that owns and operates predominately single-tenant industrial and office properties with creditworthy tenants and long-term leases. Peakstone's portfolio consists of newer vintage, and well-located real estate assets totaling approximately 19 million square feet across 24 states in majorly high-growth coastal and sunbelt markets.

Employees: 35

0
Funds holding %
of 6,780 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

45% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 20

30% more capital invested

Capital invested by funds: $159M [Q2] → $207M (+$48M) [Q3]

5% more funds holding

Funds holding: 174 [Q2] → 183 (+9) [Q3]

1.04% more ownership

Funds ownership: 41.28% [Q2] → 42.32% (+1.04%) [Q3]

25% less repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 69

73% less call options, than puts

Call options by funds: $245K | Put options by funds: $898K

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$15
13%
upside
Avg. target
$15
13%
upside
High target
$15
13%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
Truist Securities
Anthony Hau
54% 1-year accuracy
13 / 24 met price target
13%upside
$15
Hold
Maintained
12 Nov 2024

Financial journalist opinion

Positive
Seeking Alpha
3 weeks ago
Peakstone Realty Trust: Deep Value Play
Peakstone Realty Trust remains undervalued trading at 11.5% implied cap rate, and an adjusted net asset value of $23 per share implying a 78% upside. 56% of its Office portfolio's ABR comes from "sticky" leases, including headquarters and R&D facilities. Industrial properties realize 49% of their ABR from the locations that benefit from proximity to top US ports.
Peakstone Realty Trust: Deep Value Play
Neutral
Business Wire
4 weeks ago
Peakstone Realty Trust Acquires 51-Property Industrial Outdoor Storage Portfolio
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust (the "Company") (NYSE: PKST), a real estate investment trust focused on owning and operating industrial assets, announced today that the Company has acquired a portfolio of 51 industrial outdoor storage (“IOS”) properties from a joint venture between Alterra IOS, and institutional investors advised by J.P. Morgan Asset Management in an off-market transaction valued at $490 million. The acquisition was funded by a combination of proceed.
Peakstone Realty Trust Acquires 51-Property Industrial Outdoor Storage Portfolio
Neutral
Seeking Alpha
1 month ago
Peakstone Realty Trust (PKST) Q3 2024 Earnings Call Transcript
Peakstone Realty Trust (NYSE:PKST ) Q3 2024 Results Conference Call October 30, 2024 5:00 PM ET Company Participants Mikayla Lynch - SVP, Corporate Finance & Strategy Mike Escalante - President & CEO Javier Bitar - CFO Conference Call Participants Farrell Granath - Bank of America Operator Good afternoon, and welcome to Peakstone Realty Trust's Third Quarter 2024 Earnings Webcast. All participant lines are in a listen-only mode.
Peakstone Realty Trust (PKST) Q3 2024 Earnings Call Transcript
Negative
Zacks Investment Research
1 month ago
Peakstone Realty Trust (PKST) Misses Q3 FFO and Revenue Estimates
Peakstone Realty Trust (PKST) came out with quarterly funds from operations (FFO) of $0.65 per share, missing the Zacks Consensus Estimate of $0.73 per share. This compares to FFO of $0.78 per share a year ago.
Peakstone Realty Trust (PKST) Misses Q3 FFO and Revenue Estimates
Neutral
Business Wire
1 month ago
Peakstone Realty Trust Reports Third Quarter 2024 Results
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust (the "Company") (NYSE: PKST), a real estate investment trust that owns and operates a high-quality, newer-vintage portfolio of predominantly single-tenant industrial and office properties, today announced its financial results for the quarter ended September 30, 2024. Michael Escalante, CEO commented, “As a result of our team's dedication and strategic approach, I am excited to announce that we have laid the groundwork for the next pha.
Peakstone Realty Trust Reports Third Quarter 2024 Results
Neutral
Business Wire
1 month ago
Peakstone Realty Trust Announces Date for Third Quarter 2024 Earnings Release and Webcast
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust ("PKST" or the "Company") (NYSE: PKST), a real estate investment trust that owns and operates a high-quality, newer-vintage portfolio of predominantly single-tenant industrial and office properties, announced it will release its third quarter 2024 financial results after the market closes on Wednesday, October 30, 2024. Peakstone will host a webcast to present the results on Wednesday, October 30, 2024 at 5:00 p.m. Eastern Time. To acc.
Peakstone Realty Trust Announces Date for Third Quarter 2024 Earnings Release and Webcast
Positive
24/7 Wall Street
1 month ago
4 Unstoppable 6% Yielding Passive Income Dividend Stocks Are October Bargains
24/7 Wall St. Insights High-yield dividend stocks are in big demand as interest rates drop.
4 Unstoppable 6% Yielding Passive Income Dividend Stocks Are October Bargains
Neutral
Seeking Alpha
3 months ago
Peakstone Realty Trust (PKST) Q2 2024 Earnings Call Transcript
Peakstone Realty Trust (NYSE:PKST ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Mikayla Lynch - SVP, Corporate Finance & Strategy Michael Escalante - President & CEO Javier Bitar - CFO Conference Call Participants Farrell Granath - Bank of America Anthony Hau - Truist Securities Operator Greetings and welcome to Peakstone Realty Trust Second Quarter 2024 Earnings and Webcast Conference Call. At this time, all participants are in listen-only mode.
Peakstone Realty Trust (PKST) Q2 2024 Earnings Call Transcript
Negative
Zacks Investment Research
3 months ago
Peakstone Realty Trust (PKST) Q2 FFO and Revenues Miss Estimates
Peakstone Realty Trust (PKST) came out with quarterly funds from operations (FFO) of $0.70 per share, missing the Zacks Consensus Estimate of $0.71 per share. This compares to FFO of $0.73 per share a year ago.
Peakstone Realty Trust (PKST) Q2 FFO and Revenues Miss Estimates
Neutral
Business Wire
3 months ago
Peakstone Realty Trust Reports Second Quarter 2024 Results
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust (the "Company") (NYSE: PKST), a real estate investment trust that owns and operates a high-quality, newer-vintage portfolio of predominantly single-tenant industrial and office properties, today announced its financial results for the quarter ended June 30, 2024. “During the second quarter, we continued to proactively manage our balance sheet, optimize our portfolio composition, and achieve strong industrial releasing spreads. As a tes.
Peakstone Realty Trust Reports Second Quarter 2024 Results
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