Parkway Properties (PKY) to Release Earnings on Monday
Parkway Properties (NYSE:PKY) will be releasing its Q114 earnings data on Monday, May 12th. Analysts expect Parkway Properties to post earnings of $0.31 per share and revenue of $101.57 million for the quarter.
Parkway Properties (NYSE:PKY) opened at 18.39 on Friday. Parkway Properties has a 1-year low of $15.70 and a 1-year high of $19.67. The stock has a 50-day moving average of $18.37 and a 200-day moving average of $18.12. The company has a market cap of $1.899 billion and a price-to-earnings ratio of 52.48.
Several analysts have recently commented on the stock. Analysts at Barclays raised their price target on shares of Parkway Properties from $21.00 to $22.00 in a research note on Tuesday, April 22nd. They now have an “overweight” rating on the stock. On the ratings front, analysts at Zacks upgraded shares of Parkway Properties from an “underperform” rating to a “neutral” rating in a research note on Tuesday, March 25th. They now have a $18.80 price target on the stock. Finally, analysts at Zacks downgraded shares of Parkway Properties from a “neutral” rating to an “underperform” rating in a research note on Monday, February 24th. They now have a $17.10 price target on the stock. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $20.30.
Parkway Properties, Inc (NYSE:PKY) is a self-administered real estate investment trust (REIT) specializing in the ownership of office properties in higher growth submarkets in the Sunbelt region of the United States.
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