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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry
vs
history
Cash to Debt 0.11
PKY's Cash to Debt is ranked higher than
79% of the 593 Companies
in the Global REIT - Office industry.

( Industry Median: 0.06 vs. PKY: 0.11 )
PKY' s 10-Year Cash to Debt Range
Min: 0   Max: No Debt
Current: 0.11

Equity to Asset 0.40
PKY's Equity to Asset is ranked higher than
60% of the 628 Companies
in the Global REIT - Office industry.

( Industry Median: 0.48 vs. PKY: 0.40 )
PKY' s 10-Year Equity to Asset Range
Min: 0.23   Max: 0.72
Current: 0.4

0.23
0.72
Interest Coverage 0.14
PKY's Interest Coverage is ranked lower than
56% of the 507 Companies
in the Global REIT - Office industry.

( Industry Median: 2.12 vs. PKY: 0.14 )
PKY' s 10-Year Interest Coverage Range
Min: 0.14   Max: 12.62
Current: 0.14

0.14
12.62
F-Score: 4
Z-Score: 0.63
M-Score: -3.33
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 4/10

vs
industry
vs
history
Operating margin (%) 2.23
PKY's Operating margin (%) is ranked lower than
53% of the 628 Companies
in the Global REIT - Office industry.

( Industry Median: 40.21 vs. PKY: 2.23 )
PKY' s 10-Year Operating margin (%) Range
Min: -12.02   Max: 61.03
Current: 2.23

-12.02
61.03
Net-margin (%) -6.74
PKY's Net-margin (%) is ranked lower than
53% of the 629 Companies
in the Global REIT - Office industry.

( Industry Median: 35.06 vs. PKY: -6.74 )
PKY' s 10-Year Net-margin (%) Range
Min: -77.29   Max: 59.68
Current: -6.74

-77.29
59.68
ROE (%) -1.93
PKY's ROE (%) is ranked lower than
51% of the 629 Companies
in the Global REIT - Office industry.

( Industry Median: 6.45 vs. PKY: -1.93 )
PKY' s 10-Year ROE (%) Range
Min: -34.15   Max: 24.31
Current: -1.93

-34.15
24.31
ROA (%) -0.67
PKY's ROA (%) is ranked lower than
51% of the 632 Companies
in the Global REIT - Office industry.

( Industry Median: 3.10 vs. PKY: -0.67 )
PKY' s 10-Year ROA (%) Range
Min: -7.76   Max: 13.43
Current: -0.67

-7.76
13.43
ROC (Joel Greenblatt) (%) 0.28
PKY's ROC (Joel Greenblatt) (%) is ranked lower than
51% of the 538 Companies
in the Global REIT - Office industry.

( Industry Median: 5.16 vs. PKY: 0.28 )
PKY' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -1.59   Max: 22.05
Current: 0.28

-1.59
22.05
Revenue Growth (%) -0.30
PKY's Revenue Growth (%) is ranked higher than
71% of the 529 Companies
in the Global REIT - Office industry.

( Industry Median: -0.10 vs. PKY: -0.30 )
PKY' s 10-Year Revenue Growth (%) Range
Min: -33.4   Max: 22.8
Current: -0.3

-33.4
22.8
EBITDA Growth (%) -25.20
PKY's EBITDA Growth (%) is ranked higher than
50% of the 484 Companies
in the Global REIT - Office industry.

( Industry Median: 3.00 vs. PKY: -25.20 )
PKY' s 10-Year EBITDA Growth (%) Range
Min: -34.3   Max: 51.3
Current: -25.2

-34.3
51.3
EPS Growth (%) -2.60
PKY's EPS Growth (%) is ranked higher than
71% of the 389 Companies
in the Global REIT - Office industry.

( Industry Median: -1.90 vs. PKY: -2.60 )
PKY' s 10-Year EPS Growth (%) Range
Min: -29.7   Max: 31.5
Current: -2.6

-29.7
31.5
» PKY's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2013

PKY Guru Trades in Q2 2013

Steven Cohen 29,559 sh (+12.36%)
First Pacific Advisors 292,400 sh (-10%)
Jim Simons 148,000 sh (-44.96%)
» More
Q3 2013

PKY Guru Trades in Q3 2013

First Pacific Advisors 292,400 sh (unchged)
Steven Cohen Sold Out
Jim Simons 111,500 sh (-24.66%)
» More
Q4 2013

PKY Guru Trades in Q4 2013

Third Avenue Management 2,914,821 sh (New)
Jim Simons 276,061 sh (+147.59%)
First Pacific Advisors 292,400 sh (unchged)
» More
Q1 2014

PKY Guru Trades in Q1 2014

Paul Tudor Jones 15,824 sh (New)
First Pacific Advisors Sold Out
Third Avenue Management Sold Out
Jim Simons Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with PKY



No Insider Trades Found!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of Parkway Properties Inc

SymbolPriceYieldDescription
PKYPRD0.001.888.00% Series D Cumulative Redeemable Preferred Stock

Ratios

vs
industry
vs
history
P/B 1.80
PKY's P/B is ranked higher than
61% of the 690 Companies
in the Global REIT - Office industry.

( Industry Median: 1.30 vs. PKY: 1.80 )
PKY' s 10-Year P/B Range
Min: 0.41   Max: 2.04
Current: 1.8

0.41
2.04
P/S 5.04
PKY's P/S is ranked higher than
84% of the 690 Companies
in the Global REIT - Office industry.

( Industry Median: 7.82 vs. PKY: 5.04 )
PKY' s 10-Year P/S Range
Min: 0.67   Max: 5.64
Current: 5.04

0.67
5.64
PFCF 106.20
PKY's PFCF is ranked higher than
73% of the 690 Companies
in the Global REIT - Office industry.

( Industry Median: 162.63 vs. PKY: 106.20 )
PKY' s 10-Year PFCF Range
Min: 2.33   Max: 108.8
Current: 106.2

2.33
108.8
EV-to-EBIT 350.85
PKY's EV-to-EBIT is ranked higher than
53% of the 690 Companies
in the Global REIT - Office industry.

( Industry Median: 35.58 vs. PKY: 350.85 )
PKY' s 10-Year EV-to-EBIT Range
Min: 19.3   Max: 553
Current: 350.85

19.3
553
Current Ratio 2.03
PKY's Current Ratio is ranked higher than
87% of the 571 Companies
in the Global REIT - Office industry.

( Industry Median: 0.87 vs. PKY: 2.03 )
PKY' s 10-Year Current Ratio Range
Min: 0.12   Max: 2.68
Current: 2.03

0.12
2.68
Quick Ratio 2.03
PKY's Quick Ratio is ranked higher than
87% of the 571 Companies
in the Global REIT - Office industry.

( Industry Median: 0.82 vs. PKY: 2.03 )
PKY' s 10-Year Quick Ratio Range
Min: 0.12   Max: 2.68
Current: 2.03

0.12
2.68

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 3.36
PKY's Dividend Yield is ranked lower than
67% of the 631 Companies
in the Global REIT - Office industry.

( Industry Median: 4.25 vs. PKY: 3.36 )
PKY' s 10-Year Dividend Yield Range
Min: 1.65   Max: 22.36
Current: 3.36

1.65
22.36
Dividend Payout 2.00
PKY's Dividend Payout is ranked higher than
72% of the 690 Companies
in the Global REIT - Office industry.

( Industry Median: 1.96 vs. PKY: 2.00 )
PKY' s 10-Year Dividend Payout Range
Min: -34.21   Max: 54.17
Current: 2

-34.21
54.17
Dividend growth (3y) 28.60
PKY's Dividend growth (3y) is ranked higher than
91% of the 401 Companies
in the Global REIT - Office industry.

( Industry Median: 6.30 vs. PKY: 28.60 )
PKY' s 10-Year Dividend growth (3y) Range
Min: -51.3   Max: 53.8
Current: 28.6

-51.3
53.8
Yield on cost (5-Year) 1.81
PKY's Yield on cost (5-Year) is ranked lower than
88% of the 616 Companies
in the Global REIT - Office industry.

( Industry Median: 4.59 vs. PKY: 1.81 )
PKY' s 10-Year Yield on cost (5-Year) Range
Min: 0.91   Max: 12.28
Current: 1.81

0.91
12.28
Share Buyback Rate -45.80
PKY's Share Buyback Rate is ranked higher than
50% of the 507 Companies
in the Global REIT - Office industry.

( Industry Median: -7.00 vs. PKY: -45.80 )
PKY' s 10-Year Share Buyback Rate Range
Min: 3.8   Max: -56.2
Current: -45.8

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 2.10
PKY's Price/Tangible Book is ranked higher than
61% of the 690 Companies
in the Global REIT - Office industry.

( Industry Median: 1.37 vs. PKY: 2.10 )
PKY' s 10-Year Price/Tangible Book Range
Min: 0.43   Max: 2.39
Current: 2.1

0.43
2.39
Price/DCF (Projected) 6.40
PKY's Price/DCF (Projected) is ranked higher than
77% of the 690 Companies
in the Global REIT - Office industry.

( Industry Median: 9999.00 vs. PKY: 6.40 )
PKY' s 10-Year Price/DCF (Projected) Range
Min: 0.57   Max: 20.06
Current: 6.4

0.57
20.06
Price/Median PS Value 1.60
PKY's Price/Median PS Value is ranked higher than
56% of the 690 Companies
in the Global REIT - Office industry.

( Industry Median: 1.23 vs. PKY: 1.60 )
PKY' s 10-Year Price/Median PS Value Range
Min: 0.25   Max: 1.98
Current: 1.6

0.25
1.98
Earnings Yield (Greenblatt) 0.30
PKY's Earnings Yield (Greenblatt) is ranked lower than
58% of the 613 Companies
in the Global REIT - Office industry.

( Industry Median: 3.50 vs. PKY: 0.30 )
PKY' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 5.2
Current: 0.3

0.2
5.2
Forward Rate of Return (Yacktman) -52.89
PKY's Forward Rate of Return (Yacktman) is ranked lower than
53% of the 515 Companies
in the Global REIT - Office industry.

( Industry Median: 2.11 vs. PKY: -52.89 )
PKY' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -65.1   Max: 35
Current: -52.89

-65.1
35

Business Description

Industry: REITs » REIT - Office
Compare:SLG, ARE, HIW, SIR, PDM » details
Traded in other countries:WY7.Germany
Parkway Properties, Inc., is a Maryland corporation. The Company is a self-administered real estate investment trust specializing in the ownership of office properties in higher growth submarkets in the Sunbelt region of the United States. It owns and had an interest in approximately 43 office properties located in nine states with an aggregate of approximately 11.9 million square feet of leasable space at January 1, 2013. The Company generally performs commercial real estate leasing, management and acquisition services on an in-house basis. The Company serves as the general partner of Fund II and provides asset management, property management, leasing and construction management services to the fund. The Company's properties includes approximately 40 properties comprising 11.1 million net rentable square feet and includes 27 office properties owned directly and 13 office properties owned through Fund II. The non-strategic properties include three properties comprising 711,000 square feet as of January 1, 2013, which include properties in non-strategic markets such as Columbia, South Carolina; Jackson, Mississippi; and Memphis, Tennessee. The Company competes with a number of other real estate companies, financial institutions, pension funds, private partnerships, individual investors and others when attempting to acquire and lease office space in the markets in which it owns properties.
» More Articles for PKY

Headlines

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Weekly CEO Buys Highlight: PKY, TWO, UVSP, AGYS, ANGO Feb 19 2012 

More From Other Websites
Coverage initiated on Parkway Prop by Mizuho Jul 23 2014
REIT Focus: Parkway Properties, Inc. Jul 17 2014
Parkway Announces 2014 Second Quarter Conference Call Jul 03 2014
Parkway Announces 2014 Second Quarter Conference Call Jul 03 2014
Insider Trading Alert - PKY, GIS And LOCK Traded By Insiders Jun 30 2014
Parkway Properties (PKY): Strong Industry, Solid Earnings Estimate Revisions Jun 23 2014
PARKWAY PROPERTIES INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial... Jun 17 2014
3 Stocks Going Ex-Dividend Monday: CHI, PKY, AEE Jun 06 2014
Parkway To Present At REITWeek 2014: NAREIT's Investor Forum May 29 2014
PARKWAY PROPERTIES INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits May 29 2014
Parkway Properties files to sell up to $150M in common stock May 28 2014
PARKWAY PROPERTIES INC Financials May 20 2014
PARKWAY PROPERTIES INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders May 16 2014
Parkway Announces Quarterly Dividend May 15 2014
Parkway Properties upgraded at Stifel May 15 2014
Parkway Properties upgraded to Buy from Hold at Stifel May 15 2014
Parkway Properties' (PKY) CEO Jim Heistand on Q1 2014 Results - Earnings Call Transcript May 13 2014
PARKWAY PROPERTIES INC Files SEC form 8-K, Results of Operations and Financial Condition, Regulation... May 12 2014
Parkway Properties sees FY14 FFO $1.36 -$1.44, consensus $1.33 May 12 2014
Parkway Properties reports Q1 FFO 34c, consensus 31c May 12 2014

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