Presidio Property Trust | REIT Profile

Symbol: SQFT
CIK: 1080657
Exchange: NASDAQ
Preferred Stock: SQFTP, SQFTW
Founded: 1999 (26 years)
HQ: Escondido, CA, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Industrial, Office, Residential
Internally Managed REIT

See SQFT on Yahoo Finance
See SQFT on SEC.gov

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About Presidio Property Trust

Presidio Property Trust was founded as NetREIT in 1999 as a contrarian real estate investor focused on out-of-the-mainstream properties, many in locations largely ignored by institutional investors. We have successfully found hidden value by acquiring properties at attractive prices resulting from unique seller circumstances, and then implementing an aggressive business plan. Presidio Property Trust's portfolio has historically been diverse in product type, consisting of office, retail, industrial, medical office, self-storage, and residential properties. We strategically pursued strong opportunities, regardless of the property type. Since 2010, the Company, through its subsidiary NetREIT Dubose Model Home REIT, Inc., has acquired model homes from homebuilders nationwide on a sale - leaseback basis, which contributes substantially to our returns. Similar to triple-net commercial property investments, these assets provide secure cashflow with all operating expenses paid by the homebuilder, which is also the tenant. Although model homes represent a relatively small portion of our asset base, the returns are very accretive to our stockholders.


Presidio Property Trust Company Logo

Stock Chart

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REITMovers


REITMovers tracks the stock price and other indicators for all US REITs tracked by REITNotes during normal trading hours. This data is updated every 4 minutes during normal trading hours. Note: All prices have a 15 minute delay.


Latest Price High Low Open Previous Close Volume Change $ Change %
$0.59 $0.65 $0.59 $0.62 $0.63 19,620 -$0.04 -5.71%

Last update: 2025-05-08 13:01:05 PST

REITRating™ Trend


REITRating™ is REITNotes' Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. See score breakdown. The graph below plots the overall REITRating™ score for the last trading days. See complete trend.

Overall REITRating Score: 4.2

Dividend of Trading Day 2025-05-08 [Dividends Currently Suspended]


Dividend Yield: N/A
Annualized Dividend: $0.092*
Dividend Yield (TTM): 14.4%
Annualized Dividend (TTM): $0.091
Ex-Dividend Date: 2023-12-15
Dividend Date: 2023-12-26
Dividend Frequency: Quarterly

REITBOT™ Alert
Dividends have been suspended for this REIT.


*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Funds From Operations (FFO)



FFO Amount and Payout Ratio

Below are the FFO amounts, dividends, and payout ratios for the last two quarters for SQFT.

Year Quarter Type Amount Dividend Paid Payout Ratio
2024 Q2 FFO $--- $--- ---%
2024 Q2 FFO Core $--- $--- ---%
2023 Q3 FFO Core $--- $--- ---%
2023 Q3 FFO $--- $--- ---%

REITNotes uses the REIT's Funds From Operation (FFO) per diluted share informed in the REIT’s Quarterly Earning Reports and its announced dividend per diluted share. For some REITs, we also display the Adjusted Funds From Operations (AFFO), Core FFO, Normalized FFO (NFFO), Modified FFO (MFFO), Operating FFO as provided by the REIT. REITNotes™ calculates the payout ratio by dividing the dividend value paid during the current quarter by the FFO declared in the previous Quarter. E.g., we divide the dividend value paid in Q3 by the FFO reported in Q2. This is because although paid in Q3, the dividend value is usually declared during the previous quarter. FFO is a non-GAAP measure recognized by the SEC and provided by the REITs as a supplemental measure of their operating performance. FFO is not meant to be an indicator of the REIT’s capacity to pay current or future dividends nor to be a substitute to the REIT's cash flow from operations. It is recommended to check the REIT's website, Earning Reports and dividend announcements for the latest and updated information.


Funds From Operations (FFO)

Key Stats of Trading Day 2025-05-08


Market Capitalization: $9,129,300 [?]
EBITDA: $5,137,900 [?]
P/E (Price-to-Earnings) Ratio: N/A [?]
PEG (Price/Earnings to Growth) Ratio: N/A [?]
Book Value: 2.27 [?]
Dividend Per Share (DPS): N/A [?]
Earnings Per Share (EPS): -2.25 [?]
Revenue Per Share (TTM): $1.53 [?]
Profit Margin: -135.40% [?]
Operating Margin (TTM): 5.30% [?]
Return on Assets (TTM): -0.15% [?]
Return on Equity (TTM): -48.00% [?]
Revenue (TTM): $18,925,300 [?]
Gross Profit (TTM): $12,669,200 [?]
Diluted EPS (TTM): $-2.25 [?]
Quarterly Earnings Growth YOY: N/A [?]
Quarterly Revenue Growth YOY: 7.60% [?]
Trailing P/E: N/A [?]
Forward P/E: N/A [?]
Beta: 1.41 [?]
Price-to-Sales Ratio (TTM): 0.48 [?]
Price-to-Book (P/B): 0.35 [?]
Enterprise Value (EV) to Revenue: 5.46 [?]
EV to EBITDA: 11.21x [?]
Shares Outstanding: 14,154,000 [?]
52 Week High: $0.94 [?]
52 Week Low: $0.47 [?]
50 Day Moving Average: $0.62 [?]
200 Day Moving Average: $0.67 [?]

Properties Owned by SQFT


SQFT Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website

Occupancy Rate


REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $0.67 per share you would have been able to buy 1490 shares of SQFT on 2024-05-09 costing $999.79 @ $0.67 per share you would have been able to buy 745 shares of SQFT on 2024-05-09 costing $499.90 @ $0.67 per share you would have been able to buy 372 shares of SQFT on 2024-05-09 costing $249.61 @ $0.67 per share you would have been able to buy 149 shares of SQFT on 2024-05-09 costing $99.98 @ $0.67 per share you would have been able to buy 74 shares of SQFT on 2024-05-09 costing $49.65
Current worth On 2025-05-08 these 1490 shares would be worth $940.19 @ $0.63 On 2025-05-08 these 745 shares would be worth $470.10 @ $0.63 On 2025-05-08 these 372 shares would be worth $234.73 @ $0.63 On 2025-05-08 these 149 shares would be worth $94.02 @ $0.63 On 2025-05-08 these 74 shares would be worth $46.69 @ $0.63
Dividends earned $0.00 in dividends would have been earned since 2024-05-09 with 1490 shares. $0 in dividends would have been earned since 2024-05-09 with 745 shares. $0.00 in dividends would have been earned since 2024-05-09 with 372 shares. $0.00 in dividends would have been earned since 2024-05-09 with 149 shares. $0.00 in dividends would have been earned since 2024-05-09 with 745 shares.
Net (gain / loss)* -59.60 USD -29.80 USD -14.88 USD -5.96 USD -2.96 USD
ROI** -5.96% -5.96% -5.96% -5.96% -5.96%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History [Dividends Currently Suspended]


Below are the most recent cash dividends paid by SQFT. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
SQFT 2023-12-15 0.023 --- 2023-12-05 2023-12-18 2023-12-26
SQFT 2023-10-05 0.023 --- 2023-09-26 2023-10-06 2023-10-11
SQFT 2023-06-26 0.023 4.55% 2023-06-16 2023-06-27 2023-06-30
SQFT 2023-03-29 0.022 --- 2023-03-20 2023-03-30 2023-03-31
SQFT 2023-03-24 0.022 4.76% 2023-03-20 2023-03-27 2023-03-31
SQFT 2022-12-16 0.021 5.00% 2022-12-07 2022-12-19 2022-12-30
SQFT 2022-09-15 0.020 -81.13% 2022-09-02 2022-09-16 2022-09-30
SQFT 2022-06-09 0.106 0.95% 2022-05-25 2022-06-10 2022-06-24
SQFT 2022-03-15 0.105 0.96% 2022-03-01 2022-03-16 2022-03-28
SQFT 2021-12-03 0.104 0.97% 2021-11-23 2021-12-06 2021-12-20
SQFT 2021-09-03 0.103 0.98% 2021-08-23 2021-09-07 2021-09-21
SQFT 2021-06-04 0.102 0.99% 2021-05-25 2021-06-07 2021-06-21
SQFT 2021-03-08 0.101 1.00% 2021-02-24 2021-03-09 2021-03-16
SQFT 2020-11-20 0.100 --- 2020-11-03 2020-11-23 2020-11-30

Financial Statements Overview


The next Earnings Report for SQFT is

Balance Sheet | Quarterly


Assets 2024-12-31 2024-09-30 QoQ
Current Assets
  Cash and Cash Equivalents at Carrying Value 8,036,496 3,699,448
  Short-Term Investments 0 0
  Cash and Short Term Investments 8,036,496 3,699,448
  Current Net Receivables 0 0
  Inventory 22,185,742 13,347,113
  Other Current Assets 0 3,500,000
  Total Current Assets 33,128,415 7,199,448 360.2%
Non-Current Assets
  Property Plant Equipment 0 0
  Accumulated Depreciation Amortization PPE 0 0
  Long-Term Investments 206,177 481,219
  Investments 0 0
  Intangible Assets Excluding Goodwill 3,776,654 3,475,531
  Goodwill 1,389,000 1,574,000
  Intangible Assets 3,776,654 3,475,531
  Other Non-Current Assets 0 0
  Total Non-Current Assets 109,441,235 135,469,973 -19.2%
  Total Assets 142,569,650 145,845,230 -2.2%
Liabilities
Current Liabilities
  Current Accounts Payable 0 0
  Deferred Revenue 0 0
  Current Debt 0 0
  Short-Term Debt 0 0
  Current Long-Term Debt 0 0
  Short Long-Term Debt Total 102,158,439 102,389,341
  Other Current Liabilities 194,784 1,852,229
  Total Current Liabilities 5,457,431 5,349,817 2.0%
Non-Current Liabilities
  Long-Term Debt Noncurrent 0 0
  Long-Term Debt 102,094,094 102,319,219
  Capital Lease Obligations 64,345 70,122
  Other Non-Current Liabilities 8,625 9,535
  Total Non-Current Liabilities 102,167,064 102,398,876
  Total Liabilities 107,624,495 107,748,693 -0.1%
Shareholders' Equity
  Common Stock 128,343 123,696
  Common Stock Shares Outstanding 12,431,581 12,476,567
  Treasury Stock 0 0
  Retained Earnings -159,374,010 -156,309,316
  Total Shareholder Equity 26,535,146 29,536,742 -10.2%

Amounts in USD ($)

Income Statement | Quarterly


2024-12-31 2024-09-30 QoQ
Total Revenue 4,825,299 4,723,374 2.2%
  Cost of Revenue   1,601,990   2,295,161
  Cost of Goods and Services Sold   1,601,990   2,295,161
Gross Profit 3,223,309 2,428,213 32.7%
  Research and Development   0   0
  Selling General and Administrative   1,609,389   1,629,919
  Depreciation   0   0
  Depreciation and Amortization   1,356,338   1,454,638
  Operating Expenses   2,966,637   3,085,801
Operating Income 256,672 -657,588 -139.0%
  EBIT (Earnings Before Interest and Tax)   -701,769   -4,222,700
  Investment Income Net   0   0
  Net Interest Income   -1,702,089   -1,468,265
  Interest Income   0   5,263
  Interest Expense   1,686,973   1,468,265
  Interest and Debt Expense   0   0
  Non Interest Income   0   0
  Other Non Operating Income   0   0
Income Before Tax -2,389,652 -5,697,472 -58.1%
  Income Tax Expense -106,641 6,911
Net Income from Continuing Operations -2,283,011 -5,704,383
Net Income -2,479,290 -6,059,536 -59.1%
Comprehensive Income Net of Tax 0 0
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) 654,569 -2,768,062

Amounts in USD ($)

Cash Flow | Quarterly


Cash Flows from Operating Activities 2024-12-31 2024-09-30 QoQ
  Net Income -2,283,011 -5,704,383 -60.0%
  Depreciation, Depletion, and Amortization 1,356,338 1,454,638
  Change in Receivables 0 0
  Change in Inventory 0 0
  Change in Operating Assets 0 0
  Change in Operating Liabilities 0 0
  Payments for Operating Activities 0 0
  Proceeds from Operating Activities 0 0
  Profit Loss 0 0
  Net Cash Provided by Operating Activities 312,770 822,656 -62.0%
Cash Flows from Investing Activities
  Capital Expenditures 0 1,032,446
  Net Cash Used in Investing Activities 0 0
Cash Flows from Financing Activities
  Proceeds from Issuance of Common Stock 0 0
  Proceeds from Issuance of Preferred Stock 0 0
  Proceeds from Issuance of Long-Term Debt 0 0
  Proceeds from Repurchase of Equity -83,932 -89,781
  Proceeds from Sale of Treasury Stock 0 0
  Repayment of Short-Term Debt 0 0
  Payments for Repurchase of Common Stock 0 0
  Payments for Repurchase of Preferred Stock 0 0
  Payments for Repurchase of Equity 0 0
  Dividend Payout 585,404 585,929
  Dividend Payout - Common Stock 585,404 585,929
  Dividend Payout - Preferred Stock 0 0
  Net Cash Provided by Financing Activities -1,677,812 345,590 -585.5%
Other Items
  Effect of Exchange Rate on Cash 0 0
  Net Increase in Cash and Cash Equivalents 0 0

Amounts in USD ($)

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
0 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 8.0
1 Dividend to FFO Core Payout Ratio Trend: Analysis of the REIT’s Dividend to FFO Core Payout Ratios trend during the last two years. 7.5
Rating AFFO & Efficiency Section Avg. Rating
7 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 9.6
7 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 8.8
Rating Leverage Section Avg. Rating
3 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.2
3 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.8
Rating Asset & Revenue Section Avg. Rating
0 G&A Effeciency Level: Analysis of the REIT’s General and Administrative expenses in relationship to its Revenues. 6.4
5 G&A Effeciency Trend: Analysis of the Trend of the REIT’s General and Administrative expenses in relationship to its Revenues. 7.5
7 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 6.3
2 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.0
Rating Properties Section Avg. Rating
7 Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. 7.8
7 Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. 7.7
Rating Market Cap Section Avg. Rating
4 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.2
4.2 Overall REITRating™ Score (See trend) 6.6

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

Last updated: 2025-05-09 - v6.3