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GEE Group (GEE Group) Preferred Stock : $0.0 Mil (As of Mar. 2024)


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What is GEE Group Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. GEE Group's preferred stock for the quarter that ended in Mar. 2024 was $0.0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. GEE Group's Enterprise Value for the quarter that ended in Mar. 2024 was $19.9 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. GEE Group's Book Value per Share for the quarter that ended in Mar. 2024 was $0.97.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). GEE Group's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.01.


GEE Group Preferred Stock Historical Data

The historical data trend for GEE Group'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.

* Premium members only.

GEE Group Preferred Stock Chart

GEE Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Preferred Stock
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GEE Group 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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GEE Group 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.


GEE Group  (AMEX:JOB) 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.

GEE Group'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.

GEE Group'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.

GEE Group'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.


GEE Group Preferred Stock Related Terms

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GEE Group (GEE Group) Business Description

Traded in Other Exchanges
Address
7751 Belfort Parkway, Suite 150, Jacksonville, FL, USA, 32256
GEE Group Inc is a provider of specialized staffing solutions across the United States. The company's operating segment includes Industrial Staffing Services and Professional Staffing Services. It generates maximum revenue from the Professional Staffing Services segment. The company provides the following services, direct hire placement services, temporary professional services staffing in the fields of information technology, accounting, finance and office, engineering, and medical, and temporary light industrial staffing.
Executives
David Sandberg director 40 SE 5TH STREET, SUITE 502, BOCA RATON FL 33432
John Randall Waterfield director 140 BROADWAY, 46TH FLOOR, NEW YORK NY 10005
Jyrl James director 7751 BELFORT PARKWAY, SUITE 150,, JACKSONVILLE FL 32256
Derek E Dewan director, officer: CEO 7751 BELFORT PARKWAY, SUITE 150, JACKSONVILLE FL 32256
Kim D Thorpe officer: Chief Financial Officer 275 WATER ST, STE 1400, JACKSONVILL FL 32202-1547
Darla D Moore director 11 WEST 42ND ST, NEW YORK NY 10036
Matthew E Gormly director 7751 BELFORT PARKWAY, SUITE 150, JACKSONVILLE FL 32256
Stuckey Alexander Preston Alexander director 13500 SUTTON PARK DRIVE SOUTH, SUITE 204, JACKSONVILLE FL 32224
Carl T Camden director 999 WEST BIG BEAVER ROAD, TROY MI 48084
Thomas Vetrano director 7751 BELFORT PARKWAY, SUITE 150, JACKSONVILLE FL 32256
Arthur B Laffer director 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Peter J Tanous director
Thomas Charles Williams director 150 TROTTERS RIDGE, FAYETTEVILLE GA 30215
William M Isaac director C/O ASSOCIATES FIRST CAPITAL CORP, 250 E CARPENTER FREEWAY, IRVING TX 75062
George A Bajalia director P.O. BOX 551125, JACKSONVILLE FL 32255