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

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$6.14 +0.04 (+0.66 %)
(As of 04/26/2019 12:14 PM ET)
Previous Close$6.10
Today's Range$6.14 - $6.25
52-Week Range$5.46 - $12.45
Volume18,313 shs
Average Volume1.51 million shs
Market Capitalization$475.13 million
P/E Ratio4.04
Dividend Yield13.55%
Beta1.52
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.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
CUSIP70910210
Phone215-875-0700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$362.40 million
Cash Flow$0.3668 per share
Book Value$7.75 per share

Profitability

Net Income$-110,330,000.00

Miscellaneous

Employees274
Market Cap$475.13 million
Next Earnings Date5/2/2019 (Confirmed)
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. declared a quarterly dividend on Monday, February 11th. Investors of record on Friday, March 1st will be given a dividend of $0.21 per share on Friday, March 15th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 13.68%. The ex-dividend date of this dividend is Thursday, February 28th. 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) announced its earnings results on Wednesday, February, 13th. The real estate investment trust reported ($1.23) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.54 by $1.77. The real estate investment trust earned $95.33 million during the quarter, compared to analyst estimates of $96.88 million. Pennsylvania R.E.I.T. had a negative return on equity of 16.89% and a negative net margin of 30.84%. 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 Thursday, May 2nd 2019. View Earnings Estimates for Pennsylvania R.E.I.T..

What guidance has Pennsylvania R.E.I.T. issued on next quarter's earnings?

Pennsylvania R.E.I.T. updated its earnings guidance on Wednesday, February, 13th. The company provided EPS guidance of for the period.

What price target have analysts set for PEI?

5 analysts have issued 12-month target prices for Pennsylvania R.E.I.T.'s stock. Their forecasts range from $5.00 to $10.50. On average, they expect Pennsylvania R.E.I.T.'s share price to reach $7.6250 in the next year. This suggests a possible upside of 24.2% 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.?

5 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 3 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. " (2/16/2019)
  • 2. Boenning Scattergood analysts commented, "We believe adjusted FFO will decline from $1.54 in 2018 to $1.33 in 2019, and we are not at the bottom of the guidance range, which is estimated at $1.20/sh. Yet, the positives are tangible. PEI has no vacant department store space; there is turnover, but the spaces are leased. There are no expectations for closure of any of its Sears stores (now owned by ESL) or its JCPenney stores (JCP-$1.38-Not Rated). PEI owns two of Macy’s (M-$25.14-Not Rated) highest grossing retail stores, a remarkable statistic for a $3 billion mall property portfolio. The company reports improved traffic, higher sales per square foot (over $510 during 4Q18), and strong leasing spreads for 4Q18 (+6.3%). Does this sound like a dying company? Not to us. At the same time, there is still wood to chop. The balance sheet needs to be de-levered." (2/15/2019)

Has Pennsylvania R.E.I.T. been receiving favorable news coverage?

News headlines about PEI stock have been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest 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 media headlines about the real estate investment trust a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the stock's share price in the near future.

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

What other stocks do shareholders of Pennsylvania R.E.I.T. own?

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 67)
  • Mr. Robert F. McCadden, Exec. VP & CFO (Age 61)
  • Mr. Mario C. Ventresca Jr., Exec. VP of Operations (Age 52)
  • Mr. Andrew M. Ioannou, Exec. VP of Fin. & Acquisitions (Age 44)
  • Ms. Heather Crowell, SVP, Corp. Communications and Investor Relations

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 Presima Inc. (1.99%), Foundry Partners LLC (0.90%), Strs Ohio (0.15%), Virginia Retirement Systems ET AL (0.09%), Nisa Investment Advisors LLC (0.09%) and Meeder Asset Management Inc. (0.02%). 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 Presima Inc. and Strs Ohio. 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 purchased by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Nisa Investment Advisors LLC, Virginia Retirement Systems ET AL, Meeder Asset Management Inc. and BNP Paribas Arbitrage SA. 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 $6.14.

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

Pennsylvania R.E.I.T. has a market capitalization of $475.13 million and generates $362.40 million in revenue each year. The real estate investment trust earns $-110,330,000.00 in net income (profit) each year or $1.54 on an earnings per share basis. Pennsylvania R.E.I.T. employs 274 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:  1.7 out of 5 (star)
Outperform Votes:  213 (Vote Outperform)
Underperform Votes:  419 (Vote Underperform)
Total Votes:  632
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 4/26/2019 by MarketBeat.com Staff

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