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Strategic Realty Trust (Strategic Realty Trust) Preferred Stock : $0.00 Mil (As of Mar. 2024)


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What is Strategic Realty Trust Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Strategic Realty Trust'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. Strategic Realty Trust's Enterprise Value for the quarter that ended in Mar. 2024 was $38.24 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Strategic Realty Trust's Book Value per Share for the quarter that ended in Mar. 2024 was $0.40.

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


Strategic Realty Trust Preferred Stock Historical Data

The historical data trend for Strategic Realty Trust'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.

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Strategic Realty Trust Preferred Stock Chart

Strategic Realty Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Preferred Stock
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Strategic Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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Strategic Realty Trust 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.


Strategic Realty Trust  (OTCPK:SGIC) 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.

Strategic Realty Trust'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.

Strategic Realty Trust'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.

Strategic Realty Trust'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.


Strategic Realty Trust Preferred Stock Related Terms

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Strategic Realty Trust (Strategic Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
550 W Adams S, Suite 200, Chicago, IL, USA, 60661
Strategic Realty Trust Inc is a real estate investment trust that invests and manages a portfolio of income-producing retail properties in the United States, real estate-owning entities, and real estate-related assets.
Executives
Domenic Lanni officer: Chief Operating Officer 550 WEST ADAMS STREET, SUITE 200, CHICAGO IL 60661
Ryan M. Hess officer: Chief Financial Officer 550 WEST ADAMS STREET, SUITE 200, CHICAGO IL 60661
Matthew D Schreiber officer: COO, SVP & Assistant Secretary 550 WEST ADAMS STREET, SUITE 200, CHICAGO IL 60661
Julia Kholodenko officer: Chief Accounting Officer 66 BOVET ROAD, SUITE 100, SAN MATEO CA 94402
Mark Bradley Kettmann officer: Chief Financial Officer 66 BOVET ROAD, SUITE 100, SAN MATEO CA 94402
Todd Allan Spitzer director 7420 MORNINGLORY WAY, ORANGE CA 92869
Terri Garnick officer: Chief Financial Officer 400 SOUTH EL CAMINO REAL, SAN MATEO CA 94402-1708
Andrew Batinovich director, officer: CEO and CFO 200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Maier John B Ii director 4695 MACARTHUR COURT, SUITE 1100, NEWPORT BEACH CA 92660
Dee R Balch director 1900 MAIN STREET, SUITE 700, IRVINE CA 92614
Peter K Kompaniez director 26 EXECUTIVE PARK, SUITE 125, IRVINE CA 92614
Jeffrey S. Rogers director 1900 MAIN STREET, SUITE 700, IRVINE CA 92614
Anthony W Thompson director, officer: COB and CEO C/O THOMPSON FAMILY OFFICE, 1901 MAIN STREET, SUITE 108, IRVINE CA 92614
Jack R Maurer director, officer: Vice Chairman and President 1551 NORTH TUSTIN AVENUE, SUITE 200, SANTA ANA CA 92705
James R. Wolford officer: CFO, Treasurer & Secretary 233 WILSHIRE BLVD., SUITE 310, SANTA MONICA CA 90401

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