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Duos Technologies Group (Duos Technologies Group) Preferred Stock : $0.00 Mil (As of Mar. 2024)


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What is Duos Technologies Group Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Duos Technologies Group's preferred stock for the quarter that ended in Mar. 2024 was $0.00 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Duos Technologies Group's Enterprise Value for the quarter that ended in Mar. 2024 was $33.09 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Duos Technologies Group's Book Value per Share for the quarter that ended in Mar. 2024 was $0.75.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Duos Technologies Group's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.38.


Duos Technologies Group Preferred Stock Historical Data

The historical data trend for Duos Technologies Group's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Duos Technologies Group Preferred Stock Chart

Duos Technologies Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Preferred Stock
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.71 1.71 - - -

Duos Technologies Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Preferred Stock Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Duos Technologies Group Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Duos Technologies Group  (NAS:DUOT) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Duos Technologies Group's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Duos Technologies Group's Book Value per Share for the quarter that ended in Mar. 2024 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Duos Technologies Group's Earnings per Share (Diluted) (EPS) for the three months ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Duos Technologies Group Preferred Stock Related Terms

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Duos Technologies Group (Duos Technologies Group) Business Description

Traded in Other Exchanges
N/A
Address
7660 Centurion Parkway, Suite 100, Jacksonville, FL, USA, 32256
Duos Technologies Group Inc operating under its brand name duostech, designs, develops, deploys and operates intelligent technology solutions supporting rail, logistics and intermodal businesses that streamline operations, improve safety and reduce costs. The company's main offering, the Railcar Inspection Portal (RIP), provides both freight and transit railroad customers and select government agencies the ability to conduct fully automated railcar inspections of trains while they are moving at full speed. It has also developed the Automated Logistics Information System (ALIS) which automates gatehouse operations where transport trucks enter and exit large logistics and intermodal facilities. Its segments are Rail, Commercial, Petrochemical, Governments, Banking, IT Suppliers, and AI.
Executives
Frank A Lonegro director 500 WATER STREET, JACKSONVILLE FL 32202
James Craig Nixon director 7859 SOUTHDOWN ROAD, ALEXANDRIA VA 22308
Kenneth S Ehrman director C/O ID SYSTEMS INC, ONE UNIVERSITY PLAZA, HACKENSACK NJ 07601
Ned Mavrommatis director C/O ID SYSTEMS INC, ONE UNIVERSITY PLAZA, HACKENSACK NJ 07601
Andrew Winslow Murphy officer: CFO C/O DUOS TECHNOLOGIES, 7660 CENTURION PKWY, STE 100, JACKSONVILLE FL 32256
Adrian Graham Goldfarb other: Former CFO 7660 CENTURION PARKWAY, SUITE 100, JACKSONVILLE FL 32256
Norman H Pessin 10 percent owner C/O LEVY, HARKINS & CO., INC., 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Charles Parker Ferry director, officer: Chief Executive Officer 6622 SOUTHPOINT DRIVE SOUTH, SUITE 310, JACKSONVILLE FL 32216
Bleichroeder Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, 47TH FLOOR, NEW YORK NY 10105
Edmond L Harris director 500 WATER STREET, JACKSONVILLE FL 32202
Gianni B Arcaini director, officer: Chairman & CEO 6622 SOUTHPOINT DRIVE SOUTH, SUITE 310, JACKSONVILLE FL 32216
21 April Fund, Ltd. 10 percent owner Citco Fund Services (Cayman Islands) Ltd, Regatta Office Park West Bay Road, GRAND CAYMAN E9 KY1-1205
Brian L. Pessin 10 percent owner 310 EAST 75TH STREET, APT. 2A, NEW YORK NY 10021
Sandra F Pessin 10 percent owner C/O NORMAN PESSIN, 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Weeks Connie L. officer: Chief Accounting Officer 6858 PLUM LAKE LN. E., JACKSONVILLE FL 32222