Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Presidio Property Trust ( (SQFT) ) has provided an update.
On January 28, 2026, Presidio Property Trust announced that its board had suspended the monthly cash dividend on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock, starting with the January 2026 dividend that would have been paid on February 15, 2026, with unpaid dividends continuing to accrue. The move, which the company estimates will preserve about $2.3 million in cash annually, reflects pressure from elevated CMBS-backed office mortgage delinquency rates and a challenging environment for selling office assets, and is part of a broader strategy to cut operating expenses, conserve capital, protect existing commercial holdings and emphasize growth of its model home portfolio, with the board set to reassess dividend payments on a quarterly basis.
The most recent analyst rating on (SQFT) stock is a Sell with a $3.00 price target. To see the full list of analyst forecasts on Presidio Property Trust stock, see the SQFT Stock Forecast page.
Spark’s Take on SQFT Stock
According to Spark, TipRanks’ AI Analyst, SQFT is a Underperform.
The score is driven primarily by weak financial performance (losses, high leverage, and negative cash flows) and a significant negative corporate event (lender default notice with potential foreclosure implications). Technicals also show a sustained downtrend, while valuation provides limited support due to negative earnings and no dividend yield data.
To see Spark’s full report on SQFT stock, click here.
More about Presidio Property Trust
Presidio Property Trust is an internally managed real estate investment trust with a diversified portfolio that includes model home properties leased on a triple net basis to homebuilders, primarily in the Sunbelt, as well as office, industrial and retail properties concentrated mainly in Colorado and additionally in Maryland, North Dakota, Texas and Southern California.
Average Trading Volume: 170,357
Technical Sentiment Signal: Sell
Current Market Cap: $4.27M
For a thorough assessment of SQFT stock, go to TipRanks’ Stock Analysis page.