Head-To-Head Review: Peakstone Realty Trust (PKST) versus Its Competitors

Peakstone Realty Trust (NYSE:PKST) is one of 281 public companies in the “Real estate investment trusts” industry, but how does it weigh in compared to its rivals? We will compare Peakstone Realty Trust to similar businesses based on the strength of its risk, earnings, analyst recommendations, dividends, institutional ownership, valuation and profitability.

Analyst Ratings

This is a breakdown of recent recommendations for Peakstone Realty Trust and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Peakstone Realty Trust	1	1	0	0	1.50
Peakstone Realty Trust Competitors	3481	12956	13401	328	2.35

Peakstone Realty Trust currently has a consensus price target of $24.50, suggesting a potential upside of 50.86%. As a group, “Real estate investment trusts” companies have a potential upside of 16.51%. Given Peakstone Realty Trust’s higher possible upside, research analysts clearly believe Peakstone Realty Trust is more favorable than its rivals.

Earnings & Valuation

This table compares Peakstone Realty Trust and its rivals revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Peakstone Realty Trust	$254.28 million	-$550.58 million	-1.05
Peakstone Realty Trust Competitors	$1.01 billion	$126.01 million	29.32

Peakstone Realty Trust’s rivals have higher revenue and earnings than Peakstone Realty Trust. Peakstone Realty Trust is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Peakstone Realty Trust and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Peakstone Realty Trust	-216.52%	-38.73%	-18.01%
Peakstone Realty Trust Competitors	-1.64%	-3.38%	1.14%

Dividends

Peakstone Realty Trust pays an annual dividend of $0.90 per share and has a dividend yield of 5.5%. Peakstone Realty Trust pays out -5.8% of its earnings in the form of a dividend. As a group, “Real estate investment trusts” companies pay a dividend yield of 4.6% and pay out 209.2% of their earnings in the form of a dividend. Peakstone Realty Trust is clearly a better dividend stock than its rivals, given its higher yield and lower payout ratio.

Insider and Institutional Ownership

39.0% of Peakstone Realty Trust shares are held by institutional investors. Comparatively, 68.6% of shares of all “Real estate investment trusts” companies are held by institutional investors. 0.4% of Peakstone Realty Trust shares are held by insiders. Comparatively, 6.5% of shares of all “Real estate investment trusts” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Summary

Peakstone Realty Trust rivals beat Peakstone Realty Trust on 11 of the 14 factors compared.

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. As of March 31, 2023, Peakstone's wholly-owned portfolio consists of 19 million square feet across 24 states in primarily high-growth, strategic coastal and sunbelt markets.