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. Additional information is available at www.preit.com or on Twitter or LinkedIn.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
SymbolNYSE:PEI
CUSIP70910210
Phone215-875-0700
Debt
Debt-to-Equity Ratio2.17
Current Ratio2.24
Quick Ratio2.24
Price-To-Earnings
Trailing P/E Ratio6.97
Forward P/E Ratio7.66
P/E GrowthN/A
Sales & Book Value
Annual Sales$367.49 million
Price / Sales2.23
Cash Flow$1.4478 per share
Price / Cash8.04
Book Value$10.88 per share
Price / Book1.07
Profitability
EPS (Most Recent Fiscal Year)$1.67
Net Income$-29,340,000.00
Net Margins-8.84%
Return on Equity-4.08%
Return on Assets-1.25%
Miscellaneous
Employees297
Outstanding Shares70,350,000
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 Tuesday, April 24th. Shareholders of record on Friday, June 1st will be paid a dividend of $0.21 per share on Friday, June 15th. This represents a $0.84 dividend on an annualized basis and a yield of 7.22%. The ex-dividend date is Thursday, May 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) released its quarterly earnings results on Tuesday, May, 1st. The real estate investment trust reported ($0.15) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.33 by $0.48. The real estate investment trust earned $85.39 million during the quarter, compared to analyst estimates of $89.44 million. Pennsylvania R.E.I.T. had a negative return on equity of 4.08% and a negative net margin of 8.84%. 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?
7 Wall Street analysts have issued twelve-month target prices for Pennsylvania R.E.I.T.'s stock. Their predictions range from $10.00 to $12.00. On average, they anticipate Pennsylvania R.E.I.T.'s share price to reach $10.75 in the next year. 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. " (6/14/2018)
- 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)
Who are some of Pennsylvania R.E.I.T.'s key competitors?
Some companies that are related to Pennsylvania R.E.I.T. include The GEO Group (GEO), Colony NorthStar (CLNS), AmeriCold Realty Trust (COLD), MFA Finl Inc/SH (MFA), National Health Investors (NHI), Education Realty Trust (EDR), Potlatchdeltic (PCH), Brandywine Realty Trust (BDN), Physicians Realty Trust (DOC), Keppel REIT (KREVF), Corporate Office Properties Trust (OFC), Retail Properties of America (RPAI), Empire State Realty Trust (ESRT), Two Harbors Investment (TWO) and Outfront Media (OUT).
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. Andrew M. Ioannou, Exec. VP of Fin. and Acquisitions (Age 43)
- Mr. Mario C. Ventresca Jr., Exec. VP of Operations - PREIT Services LLC (Age 51)
- Mr. Jonathen Bell, Sr. VP & Chief Accounting Officer (Age 50)
Has Pennsylvania R.E.I.T. been receiving favorable news coverage?
Press coverage about PEI stock has trended somewhat positive this week, Accern reports. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Pennsylvania R.E.I.T. earned a news impact score of 0.10 on Accern's scale. They also gave media stories about the real estate investment trust an impact score of 46.33 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Pennsylvania R.E.I.T.'s major shareholders?
Pennsylvania R.E.I.T.'s stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.35%), HE ZHENGXU (5.86%), Uniplan Investment Counsel Inc. (2.07%), Northern Trust Corp (1.77%), Schwab Charles Investment Management Inc. (1.64%) and Global X Management Co. LLC (1.35%). 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 Northern Trust Corp, Guggenheim Capital LLC, Prudential Financial Inc., Westpac Banking Corp, Uniplan Investment Counsel Inc., JPMorgan Chase & Co., Asset Management One Co. Ltd. and BNP Paribas Arbitrage SA. 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 Global X Management Co. LLC, Barclays PLC, Schwab Charles Investment Management Inc., Teachers Insurance & Annuity Association of America, Neuberger Berman Group LLC, Landscape Capital Management L.L.C., BlackRock Inc. and Stevens Capital Management LP. 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 $11.64.
How big of a company is Pennsylvania R.E.I.T.?
Pennsylvania R.E.I.T. has a market capitalization of $812.59 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.
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. (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.
