Pennsylvania Real Estate Investment Trust Company Profile (NYSE:PEI)

Analyst Ratings

Consensus Ratings for Pennsylvania Real Estate Investment Trust (NYSE:PEI) (?)
Ratings Breakdown: 1 Sell Rating(s), 3 Buy Rating(s)
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $25.20 (4.39% upside)

Analysts' Ratings History for Pennsylvania Real Estate Investment Trust (NYSE:PEI)
Show:
DateFirmActionRatingPrice TargetActions
4/20/2016Stifel NicolausUpgradeHold -> Buy$27.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/6/2016Boenning ScattergoodUpgradeNeutral -> Outperform$30.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/4/2016Mitsubishi UFJ Financial GroupInitiated CoverageOverweight$24.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/14/2016SunTrust Banks Inc.Lower Price Target$28.00 -> $26.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/8/2016Barclays PLCReiterated RatingSellView Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/11/2015Citigroup Inc.Boost Price TargetNeutral$23.00 -> $24.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/8/2014JPMorgan Chase & Co.Boost Price TargetNeutral$19.00 -> $23.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/26/2014 forward)

Earnings

Earnings History for Pennsylvania Real Estate Investment Trust (NYSE:PEI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
7/26/2016        
7/26/2016Q216$0.41$68.46 millionN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/26/2016Q116$0.43$0.42$71.89 million$101.90 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/23/2016Q415$0.57$0.60$73.76 million$116.62 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/27/2015Q315$0.47$0.49$68.69 million$68.40 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/28/2015Q215$0.42$0.39$67.38 million$101.69 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/28/2015Q115$0.39$0.40$70.90 million$100.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/17/2015Q414$0.59$0.61$74.20 million$111.35 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/28/2014Q314$0.51$0.49$72.90 million$105.14 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/29/2014Q214$0.46$0.47$72.44 million$106.83 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/23/2014Q114$0.46$0.40$85.16 million$109.39 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/18/2014Q413$0.58$0.59$73.37 million$119.40 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/28/2013Q313$0.44$0.45$87.95 million$111.49 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/23/2013Q2 2013$0.38$0.42$113.86 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/22/2013Q113$0.44$0.44$71.81 million$105.98 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/24/2012$0.40$0.43ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/31/2012$0.38$0.37ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/24/2012$0.41$0.43ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/23/2012$0.56$0.63ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/27/2011$0.36$0.51ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/28/2011$0.36$0.33ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/27/2011$0.37$0.37ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/23/2011$0.53$0.56ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Pennsylvania Real Estate Investment Trust (NYSE:PEI)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20162$0.40$0.42$0.41
Q3 20162$0.44$0.45$0.45
Q4 20162$0.54$0.58$0.56
Q1 20171$0.42$0.42$0.42
Q2 20171$0.45$0.45$0.45
Q3 20171$0.49$0.49$0.49
Q4 20171$0.58$0.58$0.58
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Pennsylvania Real Estate Investment Trust (NYSE:PEI)
Annual Dividend:$0.84
Dividend Yield:3.48%
Payout Ratio:-49.12% (Based on Trailing 12 Months of Earnings)
45.41% (Based on Current Year Consensus EPS Estimate)
42.21% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:0.00% (3 Year Average)

Dividend History for Pennsylvania Real Estate Investment Trust (NYSE:PEI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
5/9/2016Quarterly$0.215/27/20166/1/20166/15/2016Tweet This Announcement  Share This Announcement on StockTwits
2/11/2016Quarterly$0.212/26/20163/1/20163/15/2016Tweet This Announcement  Share This Announcement on StockTwits
10/26/2015Quarterly$0.2111/27/201512/1/201512/15/2015Tweet This Announcement  Share This Announcement on StockTwits
7/23/2015$0.218/28/20159/1/20159/15/2015Tweet This Announcement  Share This Announcement on StockTwits
5/21/2015quarterly$0.213.68%5/28/20156/1/20156/15/2015Tweet This Announcement  Share This Announcement on StockTwits
2/13/2015quarterly$0.213.42%2/26/20153/2/20153/16/2015Tweet This Announcement  Share This Announcement on StockTwits
11/21/2014quarterly$0.203.46%11/26/201412/1/201412/15/2014Tweet This Announcement  Share This Announcement on StockTwits
7/18/2014quarterly$0.204.15%8/28/20149/2/20149/16/2014Tweet This Announcement  Share This Announcement on StockTwits
4/2/2014quarterly$0.204.42%5/29/20146/2/20146/16/2014Tweet This Announcement  Share This Announcement on StockTwits
2/13/2014quarterly$0.204.23%2/27/20143/3/20143/17/2014Tweet This Announcement  Share This Announcement on StockTwits
11/6/2013quarterly$0.204.6%11/27/201312/2/201312/16/2013Tweet This Announcement  Share This Announcement on StockTwits
7/23/2013quarterly$0.183.46%8/28/20138/30/20139/16/2013Tweet This Announcement  Share This Announcement on StockTwits
5/16/2013quarterly$0.183.36%5/29/20135/31/20136/17/2013Tweet This Announcement  Share This Announcement on StockTwits
2/21/2013quarterly$0.183.8%2/28/20133/4/20133/15/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Pennsylvania Real Estate Investment Trust (NYSE:PEI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
6/9/2016Andrew M IoannouEVPSell10,000$22.27$222,700.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/9/2016Joseph F CoradinoCEOSell33,000$22.29$735,570.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/6/2016Joseph F CoradinoCEOSell33,000$21.25$701,250.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/18/2016Rosemarie B GrecoDirectorSell5,412$21.36$115,600.32View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/3/2015Jonathen BellCAOSell5,000$22.67$113,350.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/19/2015Andrew M IoannouEVPSell10,000$21.65$216,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Pennsylvania Real Estate Investment Trust (NYSE:PEI)
DateHeadline
07/22/16 05:38 PMBrandywine Realty Trust : reports 2Q results
07/21/16 03:30 PMPREIT Declares Quarterly Dividend for Common and Preferred Shares - [PR Newswire] - PHILADELPHIA, July 21, 2016 /PRNewswire/ -- Pennsylvania Real Estate Investment Trust (PEI) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.21 per common share. The dividend is payable on September 15, 2016 to common shareholders of record on September 1, 2016. The September 15th dividend payment will be the Company's 158th consecutive distribution since its initial dividend paid in August of 1962. The Company also announced today that its Board of Trustees has declared quarterly cash dividends of $0.515625 per share on its 8.25% Series A Cumulative Redeemable Perpetual Preferred Shares and $0.460938 per share on its 7.375% Series B Cumulative Redeemable Perpetual Preferred Shares. These dividends are payable on September 15, 2016 to holders of record on September 1, 2016.
07/20/16 08:40 AMPREIT to sell Beaver Valley Mall
07/19/16 06:30 AMPREIT Welcomes Primark to Willow Grove Park Mall, Continuing Diversification of Anchor Roster - [PR Newswire] - PHILADELPHIA, July 19, 2016 /PRNewswire/ -- PREIT (PEI) today announced the grand opening of Primark, a leading European fashion retailer, at its Willow Grove Park Mall in the Philadelphia suburb of Willow Grove, PA. This is the second Primark location in the Philadelphia region and the fifth in the Northeastern United States. Primark is one of the largest clothing retailers in Europe, offering up-to-the-minute styles at value-for-money prices.
07/18/16 05:55 PMBRIEF: PREIT eyes sales of western Pa. malls
07/18/16 01:10 PMPREIT puts another mall up for sale -
07/18/16 06:30 AMPREIT Continues Portfolio Quality Improvement Program with Agreements of Sale - [PR Newswire] - PHILADELPHIA, July 18, 2016 /PRNewswire/ -- PREIT (PEI) announced that it continues to drive the quality of its portfolio to new heights having executed agreements of sale and received non-refundable deposits for the sale of Washington Crown Center in Washington, PA and the office building it retained at Voorhees Town Center. Details including pricing and proceeds will be made available upon closing. The transactions are subject to customary closing conditions and are expected to close before the end of the third quarter of 2016. The Company also continues to press forward with optimizing its property portfolio and has decided to market Beaver Valley Mall for sale. In addition to this, PREIT continues its focus on remerchandising and redevelopment opportunities that maximize the appeal to shoppers. This effort includes introducing sought after and new-to-portfolio tenants, proactively replacing department stores and capitalizing on opportunities to redevelop high quality assets to drive future growth.
07/13/16 07:04 AMBRIEF-Pennsylvania Real Estate Investment Trust says extends term loan - July 13 (Reuters) - Pennsylvania Real Estate Investment Trust
07/13/16 06:23 AMPREIT Enhances Balance Sheet Flexibility With Amended Term Loan - [at noodls] - Reduced interest rates, increased borrowing capacity and extended maturities among improvements PHILADELPHIA, July 13, 2016/PRNewswire / -- PREIT (NYSE: PEI) has entered into a modification and extension ...
07/08/16 07:06 AMPennsylvania Real Estate Investment Trust breached its 50 day moving average in a Bullish Manner : PEI-US : July 8, 2016 -
07/07/16 08:39 AMFrom Steel Town Boy to Real Estate Investment Expert
07/06/16 03:41 PMPENNSYLVANIA REAL ESTATE INVESTMENT TRUST Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of -
07/01/16 05:47 PMReal estate sales on the South Shore, July 1
06/30/16 03:39 PMPennsylvania Real Estate Investment Trust's Series B Preferred Shares Cross 7% Yield Mark - In trading on Thursday, shares of Pennsylvania Real Estate Investment Trust's 7.375% Series B Cumulative Redeemable Perpetual Preferred Shares (NYSE: PEI.PRB) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.8438), with shares changing hands as low as $26.13 on the day. This compares to an average yield of 6.94% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, PEI.PRB was trading at a 5.44% premium to its liquidation preference amount, versus the average premium of 3.62% in the "Real Estate" category. Click here to find out the 50 highest yielding preferreds, at PreferredStockChannel.com »
06/16/16 07:39 AMPREIT Announces Portfolio-Wide Shopper Digital Rewards Program - [at noodls] - PREIT Perks leverages innovative technology from Spring to enhance the customer experience and provide retailers with increased data on consumer behavior PHILADELPHIA, June 16, 2016/PRNewswire / -- PREIT ...
06/09/16 06:08 PMPREIT : Comments on Shell Chemical's Decision to Build a Petrochemical Complex in Beaver County
06/08/16 04:18 PMPREIT Comments on Shell Chemical's Decision to Build a Petrochemical Complex in Beaver County - [at noodls] - PHILADELPHIA, June 8, 2016/PRNewswire / -- PREIT (NYSE: PEI) today comments on Shell Chemical's final investment decision to build a petrochemical complex, including an ethylene cracker, in the Pittsburgh, ...
06/07/16 06:00 AMPREIT Completes Sale of Downtown Philadelphia Properties - [PR Newswire] - PHILADELPHIA, June 7, 2016 /PRNewswire/ -- PREIT (PEI) has completed the transactions for the sale of two street-level retail properties 1501 – 05 Walnut Street and 1520 – 22 Chestnut Street in downtown Philadelphia, representing a gain on sale of approximately $20 million and a blended 3.9% cap rate.
06/06/16 03:58 PMPREIT Schedules Second Quarter 2016 Earnings Release and Conference Call - [at noodls] - PHILADELPHIA, June 6, 2016/PRNewswire / -- Pennsylvania Real Estate Investment Trust (PREIT/NYSE: PEI) intends to release its financial results for the quarter ending June 30, 2016after market trading ...
06/01/16 03:45 PMPREIT to Present at REITWeek® 2016: NAREIT's Investor Forum - [at noodls] - PHILADELPHIA, June 1, 2016/PRNewswire / -- Pennsylvania Real Estate Investment Trust (PREIT/NYSE: PEI) today announced that Chief Executive Officer Joseph F. Coradinoand Executive Vice President and Chief ...
05/26/16 07:49 AMLatest Analyst Ratings For Pennsylvania Real Estate Investment Trust (NYSE:PEI) - Share Trading News - Huffington PostLatest Analyst Ratings For Pennsylvania Real Estate Investment Trust (NYSE:PEI)Share Trading News04/06/2016 – Pennsylvania Real Estate Investment Trust was upgraded to “outperform” by analysts at Boenning & Scattergood. They now have a USD 30 price target on the stock. 04/05/2016 – Mistubishi UFJ began new coverage on Pennsylvania Real ...Stock's Earnings in Focus: Pennsylvania Real Estate Investment Trust (NYSE:PEI)CWRU ObserverPennsylvania Real Estate Investment Trust (NYSE:PEI): Sell-Side Analysts Take on EarningsNews TribunePennsylvania Real Estate Investm (NYSE:PEI) Shorted Shares Decreased By 20.78%Franklin IndependentRisers & Fallersall 48 news articles »
05/20/16 01:48 PMPennsylvania R.E.I.T.(NYSE:PEI) Declares Dividend of $0.2100. - Trade Calls - Pennsylvania R.E.I.T.(NYSE:PEI) Declares Dividend of $0.2100.Trade CallsPennsylvania R.E.I.T. (NYSE:PEI) had declared a cash dividend of $0.2100 on May 9, 2016. The shares will quote ex-dividend on May 29, 2014 and the record date has been fixed on Jun 1, 2014. At May 9, 2016 share price, the yield comes out to be ...
05/18/16 09:46 PMETF’s with exposure to Pennsylvania Real Estate Investment Trust : May 19, 2016 -
05/17/16 07:08 AMPennsylvania Real Estate Investment Trust breached its 50 day moving average in a Bullish Manner : PEI-US : May 17, 2016 -
04/28/16 09:57 AMPennsylvania Real Estate Investment Trust :PEI-US: Earnings Analysis: Q1, 2016 By the Numbers -
04/27/16 12:01 PMEdited Transcript of PEI earnings conference call or presentation 27-Apr-16 3:00pm GMT -
04/27/16 09:18 AMPennsylvania R.E.I.T. (PEI) Releases Earnings Results, Reports EPS of $0.43 EPS - Market Digest - Pennsylvania R.E.I.T. (PEI) Releases Earnings Results, Reports EPS of $0.43 EPSMarket DigestPennsylvania R.E.I.T. (PEI) reported quarterly earnings results on Tuesday, Apr-26-2016. The company reported $0.43 EPS for the quarter. Analysts had a consensus estimate of $0.43. The company posted revenue of $101.90 million in the period, compared ...Pennsylvania R.E.I.T. (PEI) Lifted to "Buy" at Zacks Investment ResearchWeb Breaking Newsall 5 news articles »
04/27/16 09:18 AMPennsylvania R E I T : Real Estate reports 1Q results - Access a Zacks stock report on PEI at http://www.zacks.com/ap/PEI 04/19 PENNSYLVANIA R E I T: PREIT : Satisfies Debt Maturities Until June 2017 03/30 PENNSYLVANIA R E I T: REAL ESTATE INVESTMENT TRUST : Regulation FD Disclosure (.. 03/30 PENNSYLVANIA R E I ...
04/26/16 05:19 PMPennsylvania Real Estate reports 1Q results -
04/26/16 03:47 PMPREIT Reports Strong First Quarter 2016 Results Reflecting Upgraded Portfolio - [at noodls] - PHILADELPHIA, April 26, 2016/PRNewswire / -- PREIT (NYSE: PEI) today reported results for the quarter ended March 31, 2016. FFO, as adjusted per share grew 7.5% from $0.40to $0.43. FFO per share grew 23.5% ...
04/26/16 06:07 AMQ1 2016 Pennsylvania Real Estate Investment Trust Earnings Release - After Market Close -
04/21/16 03:52 PMPENNSYLVANIA REAL ESTATE INVESTMENT TRUST Files SEC form 8-K, Change in Directors or Principal Officers -
04/21/16 08:56 AMPennsylvania Real Estate Investment Trust (NYSE:PEI) Updated Broker Price Targets - Share Trading News - Pennsylvania Real Estate Investment Trust (NYSE:PEI) Updated Broker Price TargetsShare Trading NewsMarket analysts have recently updated their ratings and price targets on shares of Pennsylvania Real Estate Investment Trust (NYSE:PEI). The latest reports which are currently in issue on Wednesday 20th of April state 0 analysts have a rating of ...and more »
04/20/16 09:19 AMPennsylvania R E I T : PREIT : Satisfies Debt Maturities Until June 2017 - PHILADELPHIA, April 19, 2016 /PRNewswire/ -- PREIT (NYSE: PEI) has completed the refinancing of the ... future events or otherwise. 03/30 PENNSYLVANIA R E I T: REAL ESTATE INVESTMENT TRUST : Regulation FD Disclosure (.. 03/30 PENNSYLVANIA R E I T: PREIT ...
04/19/16 03:30 PMPREIT Satisfies Debt Maturities Until June 2017 - [PR Newswire] - PHILADELPHIA, April 19, 2016 /PRNewswire/ -- PREIT (NYSE: PEI) has completed the refinancing of the mortgage loan secured by Woodland Mall and extended and modified the terms of the existing mortgage loan ...
04/12/16 11:51 AMPennsylvania Real Estate Investment Trust (NYSE:PEI) Latest Broker Coverage - Risers & Fallers - Pennsylvania Real Estate Investment Trust (NYSE:PEI) Latest Broker CoverageRisers & FallersA number of investment brokers have recently updated their price targets on shares of Pennsylvania Real Estate Investment Trust (NYSE:PEI). According to the latest broker reports outstanding on Tuesday 12th of April, 0 analysts have a rating of “strong ...and more »
04/11/16 07:20 AMPREIT Brings DICK'S Sporting Goods and Field & Stream Concepts to Viewmont Mall - [at noodls] - PHILADELPHIA, April 11, 2016/PRNewswire / -- PREIT (NYSE: PEI) today announced a lease has been executed that will bring DICK'S Sporting Goods and Field & Stream to Viewmont Mall in Scranton, PA.The dual ...
03/30/16 01:10 PMEarnings Outlook on Pennsylvania Real Estate Investment Trust (NYSE:PEI) - RiversideGazette.com - Earnings Outlook on Pennsylvania Real Estate Investment Trust (NYSE:PEI)RiversideGazette.comAnalysts and investors will be looking forward to the next earnings release from Pennsylvania Real Estate Investment Trust (NYSE:PEI) which is scheduled to be on or around 2016-04-26 for the period ending 2016-03-31. Covering sell-side analysts have a ...and more »
03/30/16 01:10 PMBrokerage Firm Rating on Pennsylvania Real Estate Investment Trust (PEI) - Los Angeles Mirror - MicroCap MagazineBrokerage Firm Rating on Pennsylvania Real Estate Investment Trust (PEI)Los Angeles MirrorPennsylvania Real Estate Investment Trust (NYSE:PEI) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 3 by 5 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys.Stock on Trader's Radar: Pennsylvania Real Estate Investment Trust (NYSE:PEI)CWRU ObserverPennsylvania Real Estate Investment Trust (NYSE:PEI) Earnings in ViewUptick AnalystAfter Last Week What Do Analysts Think Of Pennsylvania Real Estate Investment Trust (NYSE:PEI)Share Trading NewsGossip Monthly Magazineall 73 news articles »
03/30/16 01:10 PMPennsylvania R E I T : PREIT : Announces Sale of Four Additional Non-Core Malls - About PREIT PREIT (NYSE:PEI) is a publicly traded real estate investment trust ... future events or otherwise. 03/11 PENNSYLVANIA R E I T: PREIT : Takes Important Steps in Redevelopment of Exton S.. 03/08 PENNSYLVANIA R E I T: PREIT : to Present at Citi ...
03/30/16 07:32 AMPENNSYLVANIA REAL ESTATE INVESTMENT TRUST Files SEC form 8-K, Regulation FD Disclosure -
03/30/16 06:15 AMPREIT Announces Sale of Four Additional Non-Core Malls - [PR Newswire] - PHILADELPHIA, March 30, 2016 /PRNewswire/ -- PREIT (PEI) today announced it has completed the sale of four additional non-core malls, a milestone achievement that signifies the near-completion of the Company's non-core mall disposition effort with one remaining mall being marketed for sale. In November 2012, the Company communicated its plan to reshape its portfolio by disposing of non-core properties, including its lower-productivity malls, in order to reduce debt, dramatically improve portfolio quality and drive operating results. Since that time, the Company has successfully executed this plan, resulting in the sale of 13 lower-productivity malls as well as several power centers and land parcels, and has generated approximately $600 million in gross proceeds.
03/25/16 01:48 PMPrice Target Update: Pennsylvania Real Estate Investment Trust (PEI) - SCSUCollegian - Zee NewsPrice Target Update: Pennsylvania Real Estate Investment Trust (PEI)SCSUCollegianPennsylvania Real Estate Investment Trust (NYSE:PEI): The mean short term price target for Pennsylvania Real Estate Investment Trust (NYSE:PEI) has been established at $22.67 per share. The higher price target estimate is at $26 and the lower price ...Pennsylvania R.E.I.T. (NYSE:PEI) Given $22.67 Consensus Price Target by BrokeragesThe Hilltop NewsCompany Shares of Pennsylvania Real Estate Investment Trust (NYSE:PEI) Rally 2.82%Los Angeles MirrorUpdated Price Targets On Pennsylvania Real Estate Investment Trust (NYSE:PEI)Risers & FallersUptick Analyst -FTSE Newsall 175 news articles »
03/14/16 11:30 AMPREIT (PEI) to Initiate Redevelopment of Exton Square Mall -
03/11/16 06:30 AMPREIT Takes Important Steps in Redevelopment of Exton Square Mall - [PR Newswire] - PHILADELPHIA, March 11, 2016 /PRNewswire/ -- PREIT (PEI) today announced the commencement of the first phase of the redevelopment of Exton Square Mall. The Company acquired the land parcel underlying the existing Kmart store, enabling demolition and construction of the new Whole Foods, set to open in 2017. Demolition will begin in early April. Additionally, the Company recently executed a lease with Round 1 Entertainment which will bring bowling, billiards, ping pong and more. Construction is underway for an anticipated opening prior to the end of 2016. The tenant will occupy 58,000 square feet and will be located in the lower level of the former JC Penney store. This entertainment offering will broaden the property's appeal, attracting families and extend visits to the mall. Located in Chester County, which boasts the highest per capita income in Pennsylvania, the trade area is home to 525,000 residents. The property has visibility from Routes 100 and 30 and is easily accessed via Route 201 and the Pennsylvania Turnpike with over 38 million cars passing by annually.
03/08/16 03:38 PMPREIT to Present at Citi 2016 Global Property CEO Conference - [PR Newswire] - PHILADELPHIA, March 8, 2016 /PRNewswire/ -- Pennsylvania Real Estate Investment Trust (PEI) today announced that Joseph Coradino, Chief Executive Officer, and Robert McCadden, Executive Vice President and Chief Financial Officer, will participate in a roundtable presentation at the Citi 2016 Global Property CEO Conference in Hollywood, Florida. The Company's roundtable presentation is scheduled for Wednesday, March 16, 2016 at 9:30AM Eastern Time. PREIT (PEI) is a publicly traded real estate investment trust specializing in the ownership and management of differentiated shopping malls. Headquartered in Philadelphia, Pennsylvania, the Company owns and operates approximately 27 million square feet of retail space in the eastern half of the United States with concentration in the Mid-Atlantic region's top MSAs.
03/07/16 06:30 AMPREIT Accelerates Efforts to Improve Portfolio Quality and Balance Sheet - [PR Newswire] - PHILADELPHIA, March 7, 2016 /PRNewswire/ -- PREIT (NYSE: PEI) today announced that its recent sale of Palmer Park Mall marked the ninth lower-productivity mall sold by PREIT since having announced its ...
03/04/16 12:04 PMPENNSYLVANIA REAL ESTATE INVESTMENT TRUST Financials -
03/04/16 06:00 AMPREIT Schedules First Quarter 2016 Earnings Release and Conference Call - [PR Newswire] - Management has scheduled a conference call for 11:00 a.m. Eastern Time on Wednesday, April 27, 2016, to review the Company's results and future outlook. To listen to the call, please dial 1-888-346-8835 (domestic toll free), 1-412-902-4271 (international), or 1-855-669-9657 (Canada toll free) and request to join the PREIT call at least five minutes before the scheduled start time. Investors can also access the call in a "listen only" mode via the internet at the Company's website, preit.com. Please allow extra time prior to the call to visit the site and download the necessary software to listen to the Internet broadcast. Financial and statistical information expected to be discussed on the call will also be available on the Company's website. For best results when listening to the webcast, the Company recommends using Flash Player.
03/02/16 07:34 AMPennsylvania Real Estate Investment Trust breached its 50 day moving average in a Bullish Manner : PEI-US : March 2, 2016 -

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About Pennsylvania Real Estate Investment Trust

Pennsylvania Real Estate Investment Trust logoPennsylvania Real Estate Investment Trust (PREIT) is an integrated, self-managed and self-administered real estate investment trust (REIT). The Company has a primary investment focus on retail shopping malls located in the eastern half of the United States. It is engaged in the ownership, management, leasing, acquisition, redevelopment, development and disposition of shopping malls. The Company's portfolio of properties includes Premier Malls, Core Growth Malls and Non Core Malls. It owns interests in approximately 33 retail properties, of which over 29 are operating properties and over four are development properties. Its operating properties include over 25 shopping malls and over four other retail properties, have a total of approximately 24.3 million square feet and are located in over 10 states. It provides management, leasing and real estate development services through its PREIT Services, LLC (PREIT Services) and PREIT-RUBIN, Inc. (PRI).

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Retail
  • Sub-Industry: Retail REITs
  • Exchange: NYSE
  • Symbol: PEI
  • CUSIP: 70910210
Key Metrics:
  • Previous Close: $24.14
  • 50 Day Moving Average: $21.90
  • 200 Day Moving Average: $21.17
  • P/E Ratio: N/A
  • P/E Growth: 2.49
  • Market Cap: $1.68B
  • Beta: 2.06
  • Current Year EPS Consensus Estimate: $1.85 EPS
  • Next Year EPS Consensus Estimate: $1.99 EPS
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Pennsylvania Real Estate Investment Trust (NYSE:PEI) Chart for Tuesday, July, 26, 2016