Last $21.02 USD
Change Today +0.04 / 0.19%
Volume 143.7K
PKY On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 11:19 AM 08/20/14 All times are local (Market data is delayed by at least 15 minutes).

parkway properties inc (PKY) Snapshot

Open
$20.88
Previous Close
$20.98
Day High
$21.05
Day Low
$20.71
52 Week High
07/24/14 - $21.80
52 Week Low
09/3/13 - $15.95
Market Cap
2.1B
Average Volume 10 Days
334.6K
EPS TTM
$-0.42
Shares Outstanding
99.5M
EX-Date
09/8/14
P/E TM
--
Dividend
$0.75
Dividend Yield
3.40%
Current Stock Chart for PARKWAY PROPERTIES INC (PKY)

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parkway properties inc (PKY) Details

Parkway Properties, Inc., a real estate investment trust (REIT), engages in the operation, acquisition, ownership, management, and leasing of office properties. It operates and invests principally in office properties in the southeastern and southwestern United States and Chicago. The company also offers real estate services. As of April 1, 2005, Parkway Properties had an interest in 64 office properties located in 11 states. It leased office properties to approximately 1,317 customers that comprise various industries, including government agencies, banking, professional services, energy, financial services, and telecommunications. As a REIT, the company would not be subject to federal tax to the extent that it distributes at least 90% of its taxable income to its shareholders. Parkway Properties is based in Orlando, Florida.

326 Employees
Last Reported Date: 03/3/14

parkway properties inc (PKY) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.5M
Chief Financial Officer, Chief Investment Off...
Total Annual Compensation: $774.7K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $547.4K
Executive Vice President of Asset Management ...
Total Annual Compensation: $491.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $462.5K
Compensation as of Fiscal Year 2013.

parkway properties inc (PKY) Key Developments

Parkway Properties Inc. Announces Quarterly Dividend, Payable on September 24, 2014

Parkway Properties Inc. announced that its board of directors has declared a quarterly dividend of $0.1875 per share, payable on September 24, 2014 to shareholders of record for common stock on September 10, 2014.

Parkway Properties Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Revises Earnings Guidance for the Year 2014

Parkway Properties Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenues of $110,459,000 compared to $57,049,000 for the same period a year ago. Operating income was $7,070,000 compared to $5,576,000 for the same period a year ago. Loss before income taxes $10,156,000 compared to $5,425,000 for the same period a year ago. Loss from continuing operations was $10,413,000 compared to $5,041,000 for the same period a year ago. Net loss was $10,463,000 compared to $8,669,000 for the same period a year ago. Net loss for the company was $9,845,000 compared to $7,620,000 for the same period a year ago. Net loss attributable to common stockholders was $9,845,000 or $0.10 per basic and diluted share compared to $14,946,000 or $0.22 per basic and diluted share for the same period a year ago. FFO available to common stockholders was $34,179,000 compared to $14,962,000 for the same period a year ago. Recurring FFO was $36,744,000 compared to $21,974,000 for the same period a year ago. Recurring capital expenditures were $4,896,000 compared to $3,043,000 for the same period a year ago. FFO per share was $0.33 compared to $0.22 for the same period a year ago. Recurring FFO per share was $0.35 compared to $0.32 for the same period a year ago. EBITDA was $55,842,000 compared to $31,982,000 for the same period a year ago. Recurring EBITDA was $57,712,000 compared to $31,982,000 for the same period a year ago. For the six months, the company reported total revenues of $214,572,000 compared to $140,788,000 for the same period a year ago. Operating income was $17,023,000 compared to $11,368,000 for the same period a year ago. Loss before income taxes $9,268,000 compared to $9,859,000 for the same period a year ago. Loss from continuing operations was $9,867,000 compared to $8,968,000 for the same period a year ago. Net income was $503,000 compared to net loss of $11,094,000 for the same period a year ago. Net income for the company was $1,000,000 compared to net loss for the company of $8,788,000 for the same period a year ago. Net income attributable to common stockholders was $1,000,000 or $0.01 per basic and diluted share compared to net loss attributable to common stockholders of $18,825,000 or $0.30 per basic and diluted share for the same period a year ago. FFO available to common stockholders was $69,206,000 compared to $32,244,000 for the same period a year ago. Recurring FFO was $74,531,000 compared to $40,700,000 for the same period a year ago. Recurring capital expenditures were $11,769,000 compared to $6,804,000 for the same period a year ago. FFO per share was $0.67 compared to $0.5.1 for the same period a year ago. Recurring FFO per share was $0.72 compared to $0.65 for the same period a year ago. The company revised earnings guidance for the full year of fiscal 2014. After considering the company's year to date performance and expected results for the remainder of the year, as well as recently announced investment activity, the company is increasing its 2014 FFO outlook to a range of $1.34 to $1.41 per share and adjusting its earnings (loss) per share outlook to a range of $(0.18) to $(0.11). The company's 2014 recurring FFO outlook is being increased to a range of $1.39 to $1.46 per share.

Parkway Properties Inc. to Report Q2, 2014 Results on Aug 07, 2014

Parkway Properties Inc. announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Aug 07, 2014

 

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