# Presidio Property Trust, Inc. (SQFT)

> Source: Nexqual · https://nexqual.com/SQFT · data as of 2026-10-23 15:53 UTC · cite as "Nexqual, Presidio Property Trust, Inc. (SQFT), nexqual.com/SQFT" · informational, not investment advice.

**Price:** USD 0.8 (+2.74% today) · US market open, as of October 23, 2026 at 15:53 UTC; quotes may be delayed. Prev close 0.78 · day 0.76–0.81 · 52w 0.73–6.4 · market cap $1.1M · NCM

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $15.9M, net income -$8.6M (-54.3% margin) (SEC filings).
- Insider open-market sales, last ~7 months: 3 Form 4 filings, $34K; 3 not under a Rule 10b5-1 plan ($34K); 0 by opportunistic insiders, 1 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $2K; 0 by opportunistic insiders, 1 by routine insiders.
- Analysts: None.
- Total return with dividends: 1Y -86.0% vs S&P 500 +14.5%; 5Y -97.5% vs S&P 500 +77.1%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $19.2M | $17.8M | $17.6M | $18.9M | $16.8M | $15.9M |
| Operating income | — | — | $11.7M | $12.7M | $10.7M | $10.0M |
| Net income | -$3.6M | -$2.1M | $10.1M | -$25.6M | -$8.3M | -$8.6M |
| EPS (diluted) | -$4.60 | -$5.70 | — | — | — | — |
| Operating margin | — | — | 66.2% | 66.9% | 63.4% | 63.0% |
| Net margin | -18.9% | -12.0% | 57.5% | -135.4% | -49.2% | -54.3% |
| Revenue growth | -21.0% | -7.6% | -0.7% | +7.3% | -11.2% | — |
| Cash + short-term investments | $14.7M | $16.5M | $6.5M | $8.0M | $7.4M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/S 0.1x · P/B 0.1x · Earnings yield -752.45%

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 3 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-06-16 | Durfey James Robert | Director | 2,500 | $7K | 21.6% | No | Too little history (no open-market trades in 2023 or 2024) |
| 2026-04-10 | Heilbron Jack Kendrick | Chief Executive Officer | 5,884 | $23K | 4.9% | No | Routine (bought in May & Jun & Aug & Sep each year 2023–2025; this trade is outside those months) |
| 2026-04-10 | Durfey James Robert | Director | 1,000 | $4K | 7.9% | No | Too little history (no open-market trades in 2023 or 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Insider purchases (SEC Form 4, open-market, last ~7 months)
1 purchase, $2K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-09-21 | Heilbron Jack Kendrick | Chief Executive Officer | 300 | $2K | 6.21 | Routine (bought in May & Jun & Aug & Sep each year 2023–2025) |

## Analysts
Consensus None.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -86.0% | -97.5% |
| S&P 500 (SPY) | +14.5% | +77.1% |
| Per year | -86.0% | -52.2% |
| Volatility (annualized) | 108.0% | 78.4% |
| Max drawdown | -87.7% (Oct 2025→Oct 2026) | -97.7% (Jan 2022→Oct 2026) |

## Peers (REIT - Diversified)
OLP (One Liberty Properties, Inc.) USD 22.3 -0.34% · FVR (FrontView REIT, Inc.) USD 17.68 -0.45% · GOOD (Gladstone Commercial Corporatio) USD 11.87 -1.08% · AHRT (AH Realty Trust, Inc.) USD 6.1 -0.65% · CTO (CTO Realty Growth, Inc.) USD 19.75 -2.49% · SAFE (Safehold Inc. New) USD 11.2 -1.15%

## More
Full page: https://nexqual.com/SQFT · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in SQFT's own 10-K filed 2026-03-27 (https://www.sec.gov/Archives/edgar/data/1080657/000143774926010114/sqft20251231_10k.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Model Homes | "We currently operate four limited partnerships in connection with PPT Model Homes: Dubose Model Home Investors #203, LP ("DMHI #203"), Dubose Model Home Investors #204, LP ("DMHI #204"), Dubose Model Home Investors #205,…" |

## Revenue by business segment (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY | Operating income | Op. margin |
|---|---|---|---|---|---|
| Office Industrial Properties | $2.4M | 64.2% | -0.2% | $1.6M | 64.3% |
| Model Home Properties | $816,060 | 21.4% | -19.9% | $774,508 | 94.9% |
| Retail Properties | $93,574 | 2.5% | +0.0% | $88,313 | 94.4% |
| Corporate costs (not allocated) | — | — | — | $118,927 | — |
| Total revenue | $3.8M | 100% | — | $2.6M | 67.0% |
The lines above cover 88% of total revenue.

## Customer concentration

Period ended 2026-06-30: 15.8% of revenue from unnamed direct customers (10-Q, filed 2026-08-13).

## Company outlook (8-K filed 2026-05-18)

- "There has been a reduction of employee headcount during the first quarter of 2026 with more expected this year."
- "Management expects future interest expenses to continue to decrease going forward for the year ended 2026."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter | — | — | — | $0 | — |
| Next quarter | — | — | — | $0 | — |
| Current fiscal year | — | — | — | $0 | — |
| Next fiscal year | — | — | — | $0 | — |