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Broad Street Realty (Broad Street Realty) Preferred Stock : $0.00 Mil (As of Mar. 2024)


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What is Broad Street Realty Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Broad Street Realty'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. Broad Street Realty's Enterprise Value for the quarter that ended in Mar. 2024 was $321.03 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Broad Street Realty's Book Value per Share for the quarter that ended in Mar. 2024 was $0.45.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Broad Street Realty's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.16.


Broad Street Realty Preferred Stock Historical Data

The historical data trend for Broad Street Realty'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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Broad Street Realty Preferred Stock Chart

Broad Street Realty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Preferred Stock
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Broad Street Realty Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Broad Street Realty 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.


Broad Street Realty  (OTCPK:BRST) 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.

Broad Street Realty'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.

Broad Street Realty'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.

Broad Street Realty'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.


Broad Street Realty Preferred Stock Related Terms

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Broad Street Realty (Broad Street Realty) Business Description

Traded in Other Exchanges
N/A
Address
7250 Woodmont Avenue, Suite 350, Bethesda, MD, USA, 20814
Broad Street Realty Inc is a fully integrated real estate company that owns, operates, develops, and redevelops grocery-anchored shopping centers and street retail-based properties in the Mid-Atlantic and Denver, Colorado markets. In addition, it provides commercial real estate brokerage services for its own portfolio and third-party office, industrial and retail operators, and tenants. The company earns revenue from leases of real estate properties, leasing commissions, property and asset management, engineering services, development services, and capital transactions.
Executives
Michael Z Jacoby director, officer: Chief Executive Officer 7250 WOODMONT AVENUE, SUITE 350, BETHESDA MD 20814
Neal Daniel J W director 7250 WOODMONT AVENUE, SUITE 350, BETHESDA MD 20814
Samuel M Spiritos director 7250 WOODMONT AVENUE, SUITE 350, BETHESDA MD 20814
Jeffery C Walraven director C/O MEDEQUITIES REALTY TRUST, 3100 WEST END AVENUE, SUITE 1000, NASHVILLE TN 37203
Alexander Topchy officer: Chief Financial Officer 7250 WOODMONT AVENUE, SUITE 350, BETHESDA MD 20814
Jeffrey H Foster director 401 9TH STREET, NW #600, WASHINGTON DC 20004
Noah Shore director C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Donna Brandin director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Joseph C. Bencivenga director BOCA CENTER, TOWER 1, 5200 TOWN CENTER CIRCLE, SUITE 550, BOCA RATON FL 33486
Vineet P. Bedi director 410 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022
Thomas M Yockey director 7250 WOODMONT AVENUE, SUITE 350, BETHESDA MD 20814
Patricia Sheridan officer: chief financial officer BOCA CENTER, TOWER 1, 5200 TOWN CENTER CIRCLE, SUITE 550, BOCA RATON FL 33486
Mark L Friedman director 2929 EAST COMMERCIAL BLVD, SUITE PH-D, FORT LAUDERDALE FL 33308
Donald S Denbo director 2255 GLADES ROAD, SUITE 111-E, BOCA RATON FL 33431
Jon Ryan officer: Chief Financial Officer 2255 GLADES ROAD, 342-W, BOCA RATON FL 33431