Peakstone Realty Trust is transforming from an office REIT to a pure-play industrial REIT, focusing on industrial outdoor storage (IOS). PKST has made significant progress selling office assets, reducing leverage to 5.4x debt/EBITDA, and expects to complete the transformation by early next year. Leasing spreads on IOS properties reached 116% in Q3, supporting a $0.70 annualized FFO uplift as below-market leases reset over time.
Peakstone Realty Trust ( PKST ) Q3 2025 Earnings Call November 5, 2025 5:00 PM EST Company Participants Michael Escalante - CEO, President & Trustee Javier Bitar - CFO & Treasurer Conference Call Participants Stephen Swett Keunho Byun - BofA Securities, Research Division Michael Goldsmith - UBS Investment Bank, Research Division Anthony Hau - Truist Securities, Inc., Research Division Presentation Operator Good day, and welcome to Peakstone Realty Trust's Third Quarter of 2025 Earnings Call and Webcast. [Operator Instructions] Also, please be aware that today's call is being recorded.
Peakstone Realty Trust (NYSE:PKST ) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET Company Participants Javier F. Bitar - CFO & Treasurer Michael J.
Peakstone Realty Trust (PKST) came out with quarterly funds from operations (FFO) of $0.61 per share, missing the Zacks Consensus Estimate of $0.71 per share. This compares to FFO of $0.7 per share a year ago.
Peakstone Realty Trust (PKST) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, PKST's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.
Here is how Peakstone Realty Trust (PKST) and Banco Bilbao (BBVA) have performed compared to their sector so far this year.
Does Peakstone Realty Trust (PKST) have what it takes to be a top stock pick for momentum investors? Let's find out.
Peakstone Realty Trust (PKST) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
PKST made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 9, 2025.
SWDBY, PKST and PSTL made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 9, 2025.
Peakstone Realty Trust shares rallied 5% post-Q1 results, showing progress in leasing new properties and reducing office exposure despite significant asset debt and unproven IOS track record. Q1 results were impacted by $52 million in property impairments, but core FFO of $0.62 provided strong coverage for its $0.225 dividend. The strategic pivot to industrial outdoor storage is promising, but execution risks and high debt levels limit the stock's upside potential.
Peakstone Realty Trust (NYSE:PKST ) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Steve Swett – Investor Relations Mike Escalante – President and Chief Executive Officer Javier Bitar – Chief Financial Officer Conference Call Participants Jana Galan – Bank of America Kathryn Graves – UBS Anthony Hau – Truist Securities Operator Greetings, and welcome to Peakstone Realty Trust First Quarter 2025 Earnings Webcast Conference Call. At this time, all participants are in listen-only mode.