AI Spotlight on SQFT
Company 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.
Market Data
Last Price | 0.68 |
Change Percentage | -2.14% |
Open | 0.65 |
Previous Close | 0.69 |
Market Cap ( Millions) | 10 |
Volume | 5929 |
Year High | 1.39 |
Year Low | 0.47 |
M A 50 | 0.71 |
M A 200 | 0.73 |
Financial Ratios
FCF Yield | -50.20% |
Dividend Yield | 0.00% |
ROE | -80.12% |
Debt / Equity | 346.65% |
Net Debt / EBIDTA | -567.44% |
Price To Book | 0.29 |
Price Earnings Ratio | -0.26 |
Price To FCF | -1.99 |
Price To sales | 0.53 |
EV / EBITDA | -6.26 |
News
- Jan -29 - Presidio Property Trust Provides Update on Model Home Activity in Q4 2024
- Jan -06 - Presidio Property Trust Announces Series D Preferred Stock Cash Dividend
- Dec -19 - Presidio Property Trust Announces Update of Share Repurchase Program
- Dec -06 - Presidio Granted Second 180-Day Period by Nasdaq to Regain Compliance with Minimum Bid Price Rule
- Oct -17 - Readers Identify 25 Ideal September Dividend Buys Out Of 39 Picks
- Oct -17 - Presidio Property Trust Provides Update on Model Home Activity in Q3 2024
- Oct -01 - Presidio Property Trust Announces Series D Preferred Stock Cash Dividend
- Aug -14 - Presidio Property Trust, Inc. Announces Earnings for the Second Quarter Ended June 30, 2024
- Jul -16 - Presidio Property Trust Announces Series D Preferred Stock Cash Dividend
- Jul -05 - The Dangers Of High Yield Preferreds
- Jul -02 - Presidio Property Trust Provides Update on Model Home Activity in Q2 2024
- Jun -24 - Presidio Property Trust Announces Closing of $1.74 Million Public Offering of Series D Preferred Stock
- Jun -20 - Presidio Property Trust Announces Pricing of $1.74 Million Public Offering of Series D Preferred Stock
- Jun -10 - Sell These 11 REITs While You Still Can
- May -29 - A Presidio Property Trust Major Investment To Be Part of Russell 2000®
- May -14 - Presidio Property Trust, Inc. Announces Earnings for the First Quarter Ended March 31, 2024
- May -10 - Presidio Property Trust Reaches Agreement With Zuma Capital Management Appoints Elena Piliptchak to Board of Directors
- Apr -08 - Major Tenant Occupies Presidio Property Trust North Dakota Property
- Apr -03 - Presidio Property Trust Announces Series D Preferred Stock Cash Dividend
- Dec -29 - The State Of REITs: December 2023 Edition
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Office/ Industrial Properties
Expected Growth : 4.5 %
What the company do ?
Office/Industrial Properties from Presidio Property Trust, Inc. are commercial real estate investments in office and industrial buildings, providing rental income and potential long-term appreciation.
Why we expect these perspectives ?
Growing demand for industrial and office spaces, driven by e-commerce growth, urbanization, and limited supply, will fuel the segment's growth. Additionally, the increasing need for last-mile delivery and logistics facilities will further boost the demand for industrial properties.
Segment n°2 -> Model Home Properties
Expected Growth : 4.5 %
What the company do ?
Model Home Properties from Presidio Property Trust, Inc. offers a diversified portfolio of single-family residential properties for lease, providing a unique investment opportunity.
Why we expect these perspectives ?
Growing demand for single-family rentals, increasing institutional investment in single-family homes, and a shortage of affordable housing drive growth in the Model Home Properties portfolio.
Segment n°3 -> Retail Properties
Expected Growth : 3.5 %
What the company do ?
Retail Properties from Presidio Property Trust, Inc. are diversified retail assets, including grocery-anchored centers, power centers, and lifestyle centers, offering a mix of essential and discretionary retail experiences.
Why we expect these perspectives ?
Diversified retail assets, including grocery-anchored centers, power centers, and lifestyle centers, drive growth. Essential retail experiences, such as grocery stores, provide stability, while discretionary retail experiences, like lifestyle centers, offer upside potential.
Presidio Property Trust, Inc. Products
Product Range | What is it ? |
---|---|
Office Properties | Presidio Property Trust, Inc. owns and operates office properties, providing commercial spaces for businesses and organizations. |
Industrial Properties | The company offers industrial properties for rent, suitable for manufacturing, logistics, and distribution purposes. |
Retail Properties | Presidio Property Trust, Inc. owns and operates retail properties, providing spaces for shops, restaurants, and other retail businesses. |
Multifamily Properties | The company develops and manages multifamily properties, offering residential spaces for rent. |
Land Development | Presidio Property Trust, Inc. acquires and develops land for future development, providing opportunities for growth and expansion. |
Presidio Property Trust, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Presidio Property Trust, Inc. is medium due to the availability of alternative investment options in the real estate industry.
Bargaining Power Of Customers
The bargaining power of customers for Presidio Property Trust, Inc. is low due to the company's diversified portfolio and lack of dependence on a single tenant.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Presidio Property Trust, Inc. is medium due to the company's reliance on a few major contractors and suppliers.
Threat Of New Entrants
The threat of new entrants for Presidio Property Trust, Inc. is high due to the relatively low barriers to entry in the real estate industry.
Intensity Of Rivalry
The intensity of rivalry for Presidio Property Trust, Inc. is high due to the competitive nature of the real estate industry and the presence of several established players.
Capital Structure
Value | |
---|---|
Debt Weight | 67.90% |
Debt Cost | 4.53% |
Equity Weight | 32.10% |
Equity Cost | 12.16% |
WACC | 6.98% |
Leverage | 211.48% |
Presidio Property Trust, Inc. : Quality Control
Presidio Property Trust, Inc. passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
---|---|
BRSP | BrightSpire Capital, Inc. operates as a commercial real estate (CRE) credit real estate investment trust in the United States. It focuses on originating, acquiring, financing, and managing a portfolio of … |
GOOD | Gladstone Commercial Corporation is a real estate investment trust focused on acquiring, owning, and operating net leased industrial and office properties across the United States. Including payments through September 2020, … |
AHH | Armada Hoffler Properties, Inc. (NYSE: AHH) is a vertically-integrated, self-managed real estate investment trust ("REIT") with four decades of experience developing, building, acquiring, and managing high-quality, institutional-grade office, retail, and … |
UE | Urban Edge Properties is a NYSE listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New York metropolitan … |
MDV | Modiv Inc., (the Company) was incorporated on May 14, 2015 as a Maryland corporation. The Company was formed to primarily invest, directly or indirectly, in real estate owning entities which … |