NYSE:PEI - Pennsylvania R.E.I.T. Stock Price, News, & Analysis

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$9.12 -0.01 (-0.11 %)
(As of 10/21/2018 04:00 PM ET)
Previous Close$9.12
Today's Range$9.0750 - $9.28
52-Week Range$8.66 - $12.52
Volume532,555 shs
Average Volume1.08 million shs
Market Capitalization$642.53 million
P/E Ratio5.46
Dividend Yield9.21%
Beta1.12
PREIT (NYSE:PEI) is a publicly traded real estate investment trust that owns and manages quality properties in compelling markets. REIT'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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
SymbolNYSE:PEI
CUSIP70910210
Phone215-875-0700

Debt

Debt-to-Equity Ratio2.32
Current Ratio1.05
Quick Ratio1.05

Price-To-Earnings

Trailing P/E Ratio5.46
Forward P/E Ratio6.04
P/E GrowthN/A

Sales & Book Value

Annual Sales$367.49 million
Price / Sales1.75
Cash Flow$1.4362 per share
Price / Cash6.35
Book Value$10.88 per share
Price / Book0.84

Profitability

EPS (Most Recent Fiscal Year)$1.67
Net Income$-29,340,000.00
Net Margins-3.69%
Return on Equity-2.21%
Return on Assets-0.66%

Miscellaneous

Employees297
Outstanding Shares70,450,000
Market Cap$642.53 million

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. declared a quarterly dividend on Friday, July 20th. Stockholders of record on Tuesday, September 4th will be paid a dividend of $0.21 per share on Monday, September 17th. This represents a $0.84 annualized dividend and a dividend yield of 9.21%. The ex-dividend date of this dividend is Friday, August 31st. 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) posted its earnings results on Thursday, August, 2nd. The real estate investment trust reported ($0.51) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.11) by $0.40. The real estate investment trust had revenue of $81.76 million for the quarter, compared to the consensus estimate of $88.32 million. Pennsylvania R.E.I.T. had a negative net margin of 3.69% and a negative return on equity of 2.21%. View Pennsylvania R.E.I.T.'s Earnings History.

When is Pennsylvania R.E.I.T.'s next earnings date?

Pennsylvania R.E.I.T. is scheduled to release their next quarterly earnings announcement on Tuesday, October 30th 2018. View Earnings Estimates for Pennsylvania R.E.I.T..

What price target have analysts set for PEI?

6 brokers have issued 12 month price targets for Pennsylvania R.E.I.T.'s stock. Their predictions range from $9.00 to $11.50. On average, they expect Pennsylvania R.E.I.T.'s stock price to reach $10.20 in the next year. This suggests a possible upside of 11.8% 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. " (8/7/2018)
  • 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)

Are investors shorting Pennsylvania R.E.I.T.?

Pennsylvania R.E.I.T. saw a drop in short interest in the month of September. As of September 14th, there was short interest totalling 14,356,733 shares, a drop of 15.5% from the August 31st total of 16,984,269 shares. Based on an average daily volume of 1,308,764 shares, the short-interest ratio is currently 11.0 days. Currently, 22.4% of the company's shares are sold short. View Pennsylvania R.E.I.T.'s Current Options Chain.

Who are some of Pennsylvania R.E.I.T.'s key competitors?

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 (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 number of of institutional and retail investors. Top institutional shareholders include Foundry Partners LLC (0.32%), Nisa Investment Advisors LLC (0.07%) and State of Alaska Department of Revenue (0.06%). 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 institutional investors are selling Pennsylvania R.E.I.T. stock?

PEI stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC. View Insider Buying and Selling for Pennsylvania R.E.I.T..

Which institutional investors are buying Pennsylvania R.E.I.T. stock?

PEI stock was acquired by a variety of institutional investors in the last quarter, including Foundry Partners LLC and State of Alaska Department of Revenue. 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 $9.12.

How big of a company is Pennsylvania R.E.I.T.?

Pennsylvania R.E.I.T. has a market capitalization of $642.53 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?

The official website for Pennsylvania R.E.I.T. is http://www.preit.com.

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)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  178 (Vote Outperform)
Underperform Votes:  366 (Vote Underperform)
Total Votes:  544
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.
This page was last updated on 10/21/2018 by MarketBeat.com Staff

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