PREIT (NYSE:PEI) is a publicly traded real estate investment trust that owns and manages quality properties in compelling markets. PREIT's robust portfolio of carefully curated retail and lifestyle offerings mixed with destination dining and entertainment experiences are located primarily in the densely-populated eastern U.S. with concentrations in the mid-Atlantic's top MSAs. Since 2012, the Company has driven a transformation guided by an emphasis on portfolio quality and balance sheet strength driven by disciplined capital expenditures.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
Current SymbolNYSE:PEI
Previous Symbol
CUSIP70910210
Phone215-875-0700
Debt
Debt-to-Equity Ratio2.44
Current Ratio0.74
Quick Ratio0.74
Price-To-Earnings
Trailing P/E Ratio4.71
Forward P/E Ratio5.17
P/E GrowthN/A
Sales & Book Value
Annual Sales$367.49 million
Price / Sales1.51
Cash Flow$1.4343 per share
Price / Cash Flow5.48
Book Value$10.88 per share
Price / Book0.72
Profitability
EPS (Most Recent Fiscal Year)$1.67
Net Income$-29,340,000.00
Net Margins-6.91%
Return on Equity-3.53%
Return on Assets-1.01%
Miscellaneous
Employees297
Outstanding Shares70,460,000
Market Cap$554.56 million
OptionableOptionable
Pennsylvania R.E.I.T. (NYSE:PEI) Frequently Asked Questions
What is Pennsylvania R.E.I.T.'s stock symbol?
Pennsylvania R.E.I.T. trades on the New York Stock Exchange (NYSE) under the ticker symbol "PEI."
How often does Pennsylvania R.E.I.T. pay dividends? What is the dividend yield for Pennsylvania R.E.I.T.?
Pennsylvania R.E.I.T. announced a quarterly dividend on Wednesday, October 24th. Stockholders of record on Monday, December 3rd will be given a dividend of $0.21 per share on Monday, December 17th. This represents a $0.84 annualized dividend and a dividend yield of 10.69%. The ex-dividend date is Friday, November 30th. View Pennsylvania R.E.I.T.'s Dividend History.
How were Pennsylvania R.E.I.T.'s earnings last quarter?
Pennsylvania R.E.I.T. (NYSE:PEI) released its quarterly earnings data on Tuesday, October, 30th. The real estate investment trust reported ($0.11) EPS for the quarter, missing the Zacks' consensus estimate of ($0.10) by $0.01. The real estate investment trust had revenue of $83.90 million for the quarter, compared to analyst estimates of $87.12 million. Pennsylvania R.E.I.T. had a negative return on equity of 3.53% and a negative net margin of 6.91%. View Pennsylvania R.E.I.T.'s Earnings History.
When is Pennsylvania R.E.I.T.'s next earnings date?
What price target have analysts set for PEI?
6 brokers have issued 12-month price objectives for Pennsylvania R.E.I.T.'s stock. Their forecasts range from $9.00 to $10.50. On average, they anticipate Pennsylvania R.E.I.T.'s share price to reach $9.90 in the next twelve months. This suggests a possible upside of 26.0% from the stock's current price. View Analyst Price Targets for Pennsylvania R.E.I.T..
What is the consensus analysts' recommendation for Pennsylvania R.E.I.T.?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pennsylvania R.E.I.T. in the last year. There are currently 2 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Pennsylvania R.E.I.T..
What are Wall Street analysts saying about Pennsylvania R.E.I.T. stock?
Here are some recent quotes from research analysts about Pennsylvania R.E.I.T. stock:
- 1. According to Zacks Investment Research, "PENNSYLVANIA R.E. INVEST. TR. is a real estate investment trust, engaged in acquiring and holding for investment interests in real estate. " (11/2/2018)
- 2. Boenning Scattergood analysts commented, "We reiterate our Neutral rating as PEI’s discounted valuation carries elevated financial risk in the eyes of many investors." (2/16/2018)
Has Pennsylvania R.E.I.T. been receiving favorable news coverage?
Press coverage about PEI stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Pennsylvania R.E.I.T. earned a news sentiment score of 2.0 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days.
Who are some of Pennsylvania R.E.I.T.'s key competitors?
Some companies that are related to Pennsylvania R.E.I.T. include Potlatchdeltic (PCH), Colony Credit Real Estate (CLNC), Agree Realty (ADC), QTS Realty Trust (QTS), Brookfield Property Reit (BPR), Washington Real Estate Investment Trust (WRE), Lexington Realty Trust (LXP), MGM Growth Properties (MGP), Retail Opportunity Investments (ROIC), DiamondRock Hospitality (DRH), American Assets Trust (AAT), Mack Cali Realty (CLI), Ladder Capital (LADR), Four Corners Property Trust (FCPT) and LTC Properties (LTC).
Who are Pennsylvania R.E.I.T.'s key executives?
Pennsylvania R.E.I.T.'s management team includes the folowing people:
- Mr. Joseph F. Coradino, Chairman & CEO (Age 66)
- Mr. Robert F. McCadden, Exec. VP, CFO & Principal Accounting Officer (Age 60)
- Mr. Mario C. Ventresca Jr., Exec. VP of Operations (Age 51)
- Mr. Andrew M. Ioannou, Exec. VP of Fin. & Acquisitions (Age 43)
- Mr. Jonathen Bell, Sr. VP & Chief Accounting Officer (Age 50)
Who are Pennsylvania R.E.I.T.'s major shareholders?
Pennsylvania R.E.I.T.'s stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.90%), Vanguard Group Inc. (14.77%), Presima Inc. (4.00%), Victory Capital Management Inc. (2.75%), Bank of New York Mellon Corp (2.43%) and Morgan Stanley (2.09%). Company insiders that own Pennsylvania R.E.I.T. stock include George J Alburger Jr, John Joseph Roberts, Joseph F Coradino and Robert F Mccadden. View Institutional Ownership Trends for Pennsylvania R.E.I.T..
Which major investors are selling Pennsylvania R.E.I.T. stock?
PEI stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., BlackRock Inc., FMR LLC, Uniplan Investment Counsel Inc., Morgan Stanley, Stevens Capital Management LP and Nisa Investment Advisors LLC. View Insider Buying and Selling for Pennsylvania R.E.I.T..
Which major investors are buying Pennsylvania R.E.I.T. stock?
PEI stock was bought by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., Mackenzie Financial Corp, Presima Inc., Foundry Partners LLC, Cedar Capital LLC, Victory Capital Management Inc., First Republic Investment Management Inc. and RMR Advisors LLC. Company insiders that have bought Pennsylvania R.E.I.T. stock in the last two years include George J Alburger Jr, John Joseph Roberts, Joseph F Coradino and Robert F Mccadden. View Insider Buying and Selling for Pennsylvania R.E.I.T..
How do I buy shares of Pennsylvania R.E.I.T.?
Shares of PEI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Pennsylvania R.E.I.T.'s stock price today?
One share of PEI stock can currently be purchased for approximately $7.86.
How big of a company is Pennsylvania R.E.I.T.?
Pennsylvania R.E.I.T. has a market capitalization of $554.56 million and generates $367.49 million in revenue each year. The real estate investment trust earns $-29,340,000.00 in net income (profit) each year or $1.67 on an earnings per share basis. Pennsylvania R.E.I.T. employs 297 workers across the globe.
What is Pennsylvania R.E.I.T.'s official website?
How can I contact Pennsylvania R.E.I.T.?
Pennsylvania R.E.I.T.'s mailing address is 200 SOUTH BROAD STREET, PHILADELPHIA PA, 19102. The real estate investment trust can be reached via phone at 215-875-0700 or via email at [email protected]
MarketBeat Community Rating for Pennsylvania R.E.I.T. (NYSE PEI)
MarketBeat's community ratings are surveys of what our community members think about Pennsylvania R.E.I.T. and other stocks. Vote "Outperform" if you believe PEI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PEI will underperform the S&P 500 over the long term. You may vote once every thirty days.
