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

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: $23.49
  • 50 Day Moving Average: $24.10
  • 200 Day Moving Average: $22.77
  • 52-Week Range: $16.42 - $25.67
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 11.93
  • P/E Growth: 2.54
  • Market Cap: $1.61B
  • Outstanding Shares: 69,515,000
  • Beta: 1.93
Profitability:
  • Net Margins: -14.85%
  • Return on Equity: -7.95%
  • Return on Assets: -2.27%
Debt:
  • Debt-to-Equity Ratio: 2.29%
  • Current Ratio: 0.61%
  • Quick Ratio: 0.61%
Additional Links:
Companies Related to Pennsylvania Real Estate Investment Trust:

Analyst Ratings

Consensus Ratings for Pennsylvania Real Estate Investment Trust (NYSE:PEI) (?)
Ratings Breakdown: 1 Sell Rating, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $25.20 (7.23% upside)

Analysts' Ratings History for Pennsylvania Real Estate Investment Trust (NYSE:PEI)
Show:
DateFirmActionRatingPrice TargetDetails
4/20/2016Stifel NicolausUpgradeHold -> Buy$27.00View Rating Details
4/6/2016Boenning ScattergoodUpgradeNeutral -> Outperform$30.00View Rating Details
4/4/2016Mitsubishi UFJ Financial GroupInitiated CoverageOverweight$24.00View Rating Details
3/14/2016SunTrust Banks Inc.Lower Price Target$28.00 -> $26.00View Rating Details
3/8/2016Barclays PLCReiterated RatingSellView Rating Details
5/11/2015Citigroup Inc.Boost Price TargetNeutral$23.00 -> $24.00View Rating Details
12/8/2014JPMorgan Chase & Co.Boost Price TargetNeutral$19.00 -> $23.00View Rating Details
(Data available from 9/28/2014 forward)

Earnings

Earnings History for Pennsylvania Real Estate Investment Trust (NYSE:PEI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2016        
7/26/2016Q216$0.41$0.43$68.46 million$94.30 millionViewN/AView Earnings Details
4/26/2016Q116$0.43$0.42$71.89 million$101.90 millionViewN/AView Earnings Details
2/23/2016Q415$0.57$0.60$73.76 million$116.62 millionViewListenView Earnings Details
10/27/2015Q315$0.47$0.49$68.69 million$68.40 millionViewListenView Earnings Details
7/28/2015Q215$0.42$0.39$67.38 million$101.69 millionViewListenView Earnings Details
4/28/2015Q115$0.39$0.40$70.90 million$100.00 millionViewN/AView Earnings Details
2/17/2015Q414$0.59$0.61$74.20 million$111.35 millionViewN/AView Earnings Details
10/28/2014Q314$0.51$0.49$72.90 million$105.14 millionViewN/AView Earnings Details
7/29/2014Q214$0.46$0.47$72.44 million$106.83 millionViewN/AView Earnings Details
4/23/2014Q114$0.46$0.40$85.16 million$109.39 millionViewN/AView Earnings Details
2/18/2014Q413$0.58$0.59$73.37 million$119.40 millionViewN/AView Earnings Details
10/28/2013Q313$0.44$0.45$87.95 million$111.49 millionViewN/AView Earnings Details
7/23/2013Q2 2013$0.38$0.42$113.86 millionViewN/AView Earnings Details
4/22/2013Q113$0.44$0.44$71.81 million$105.98 millionViewN/AView Earnings Details
10/24/2012$0.40$0.43ViewN/AView Earnings Details
7/31/2012$0.38$0.37ViewN/AView Earnings Details
4/24/2012$0.41$0.43ViewN/AView Earnings Details
2/23/2012$0.56$0.63ViewN/AView Earnings Details
10/27/2011$0.36$0.51ViewN/AView Earnings Details
7/28/2011$0.36$0.33ViewN/AView Earnings Details
4/27/2011$0.37$0.37ViewN/AView Earnings Details
2/23/2011$0.53$0.56ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Pennsylvania Real Estate Investment Trust (NYSE:PEI)
Current Year EPS Consensus Estimate: $1.85 EPS
Next Year EPS Consensus Estimate: $1.97 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20162$0.40$0.42$0.41
Q3 20162$0.44$0.44$0.44
Q4 20162$0.56$0.58$0.57
Q1 20171$0.42$0.42$0.42
Q2 20171$0.45$0.45$0.45
Q3 20171$0.48$0.48$0.48
Q4 20171$0.59$0.59$0.59
Q1 20181$0.47$0.47$0.47
Q2 20181$0.48$0.48$0.48
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Pennsylvania Real Estate Investment Trust (NYSE:PEI)
Annual Dividend:$0.84
Dividend Yield:3.57%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-73.68% (Based on Trailing 12 Months of Earnings)
45.41% (Based on Current Year Consensus EPS Estimate)
42.64% (Based on Next Year Consensus EPS Estimate)
Track Record:4 Years of Consecutive Dividend Growth

Dividend History for Pennsylvania Real Estate Investment Trust (NYSE:PEI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/22/2016Quarterly$0.218/30/20169/1/20169/15/2016
5/9/2016Quarterly$0.215/27/20166/1/20166/15/2016
2/11/2016Quarterly$0.212/26/20163/1/20163/15/2016
10/26/2015Quarterly$0.2111/27/201512/1/201512/15/2015
7/23/2015$0.218/28/20159/1/20159/15/2015
5/21/2015quarterly$0.213.68%5/28/20156/1/20156/15/2015
2/13/2015quarterly$0.213.42%2/26/20153/2/20153/16/2015
11/21/2014quarterly$0.203.46%11/26/201412/1/201412/15/2014
7/18/2014quarterly$0.204.15%8/28/20149/2/20149/16/2014
4/2/2014quarterly$0.204.42%5/29/20146/2/20146/16/2014
2/13/2014quarterly$0.204.23%2/27/20143/3/20143/17/2014
11/6/2013quarterly$0.204.6%11/27/201312/2/201312/16/2013
7/23/2013quarterly$0.183.46%8/28/20138/30/20139/16/2013
5/16/2013quarterly$0.183.36%5/29/20135/31/20136/17/2013
2/21/2013quarterly$0.183.8%2/28/20133/4/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Pennsylvania Real Estate Investment Trust (NYSE:PEI)
Insider Ownership Percentage: 4.40%
Institutional Ownership Percentage: 91.66%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/9/2016Andrew M IoannouEVPSell10,000$22.27$222,700.00View SEC Filing  
6/9/2016Joseph F CoradinoCEOSell33,000$22.29$735,570.00View SEC Filing  
6/6/2016Joseph F CoradinoCEOSell33,000$21.25$701,250.00View SEC Filing  
3/18/2016Rosemarie B GrecoDirectorSell5,412$21.36$115,600.32View SEC Filing  
11/3/2015Jonathen BellCAOSell5,000$22.67$113,350.00View SEC Filing  
8/19/2015Andrew M IoannouEVPSell10,000$21.65$216,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Pennsylvania Real Estate Investment Trust (NYSE:PEI)
DateHeadline
publicnow.com logoPREIT Schedules Third Quarter 2016 Earnings Release and Conference Call (NYSE:PEI)
www.publicnow.com - September 22 at 6:23 PM
finance.yahoo.com logoPREIT Adds Saks Fifth Avenue OFF 5TH to Springfield Town Center Tenant Roster (NYSE:PEI)
finance.yahoo.com - September 15 at 6:47 PM
capitalcube.com logoPennsylvania Real Estate Investment Trust breached its 50 day moving average in a Bearish Manner : PEI-US : September 12, 2016 (NYSE:PEI)
www.capitalcube.com - September 12 at 11:20 AM
investopedia.com logoGive Yourself More Options With Real Estate Options (PEI, CME) (NYSE:PEI)
www.investopedia.com - September 12 at 11:20 AM
4-traders.com logoPENNSYLVANIA R.E.I.T. : ex-dividend day (NYSE:PEI)
www.4-traders.com - August 29 at 6:32 PM
mysmartrend.com logoAfter Yesterday's Rally of 2.60% Shares Could Potentially Pullback (NYSE:PEI)
www.mysmartrend.com - August 26 at 6:30 PM
nasdaq.com logoCash Dividend On The Way From Pennsylvania Real Estate Investment Trust's Series B Cumulative Redeemable Perpetual Preferred Shares (NYSE:PEI)
www.nasdaq.com - August 26 at 6:30 PM
finance.yahoo.com logoSimon Property (SPG) Opens King of Prussia Mall Expansion (NYSE:PEI)
finance.yahoo.com - August 19 at 6:41 PM
finance.yahoo.com logoPREIT Closes Washington Asset Sale, Pursues Transformation (NYSE:PEI)
finance.yahoo.com - August 17 at 7:02 PM
finance.yahoo.com logoPREIT Completes Sale of Washington Crown Center (NYSE:PEI)
finance.yahoo.com - August 16 at 10:01 AM
finance.yahoo.com logoPENNSYLVANIA REAL ESTATE INVESTMENT TRUST Financials (NYSE:PEI)
finance.yahoo.com - August 6 at 6:51 PM
capitalcube.com logoPennsylvania Real Estate Investment Trust :PEI-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 (NYSE:PEI)
www.capitalcube.com - August 5 at 7:01 PM
biz.yahoo.com logoPENNSYLVANIA REAL ESTATE INVESTMENT TRUST Files SEC form 10-Q, Quarterly Report (NYSE:PEI)
biz.yahoo.com - July 28 at 4:08 PM
biz.yahoo.com logoPENNSYLVANIA REAL ESTATE INVESTMENT TRUST Files SEC form 8-K, Results of Operations and Financial Condition, Financia (NYSE:PEI)
biz.yahoo.com - July 27 at 12:53 PM
finance.yahoo.com logoPREIT Issues Revised Sales Reconciliation Table (NYSE:PEI)
finance.yahoo.com - July 26 at 7:16 PM
reuters.com logoBRIEF-Pennsylvania REIT reports Q2 2016 results (NYSE:PEI)
www.reuters.com - July 26 at 7:05 PM
publicnow.com logoPREIT Reports Second Quarter 2016 Results and Raises Mid-Point of Guidance (NYSE:PEI)
www.publicnow.com - July 26 at 5:08 PM
sg.finance.yahoo.com logoPennsylvania Real Estate reports 2Q results (NYSE:PEI)
sg.finance.yahoo.com - July 26 at 4:51 PM
biz.yahoo.com logoQ2 2016 Pennsylvania Real Estate Investment Trust Earnings Release - After Market Close (NYSE:PEI)
biz.yahoo.com - July 26 at 7:07 AM
4-traders.com logoBrandywine Realty Trust : reports 2Q results (NYSE:PEI)
www.4-traders.com - July 22 at 6:38 PM
finance.yahoo.com logoPREIT Declares Quarterly Dividend for Common and Preferred Shares (NYSE:PEI)
finance.yahoo.com - July 21 at 4:30 PM
bizjournals.com logoPREIT to sell Beaver Valley Mall (NYSE:PEI)
www.bizjournals.com - July 20 at 9:40 AM
finance.yahoo.com logoPREIT Welcomes Primark to Willow Grove Park Mall, Continuing Diversification of Anchor Roster (NYSE:PEI)
finance.yahoo.com - July 19 at 7:30 AM
4-traders.com logoBRIEF: PREIT eyes sales of western Pa. malls (NYSE:PEI)
www.4-traders.com - July 18 at 6:55 PM
bizjournals.com logoPREIT puts another mall up for sale (NYSE:PEI)
www.bizjournals.com - July 18 at 2:10 PM
finance.yahoo.com logoPREIT Continues Portfolio Quality Improvement Program with Agreements of Sale (NYSE:PEI)
finance.yahoo.com - July 18 at 7:30 AM
feeds.reuters.com logoBRIEF-Pennsylvania Real Estate Investment Trust says extends term loan (NYSE:PEI)
feeds.reuters.com - July 13 at 8:04 AM
publicnow.com logoPREIT Enhances Balance Sheet Flexibility With Amended Term Loan (NYSE:PEI)
www.publicnow.com - July 13 at 7:23 AM
capitalcube.com logoPennsylvania Real Estate Investment Trust breached its 50 day moving average in a Bullish Manner : PEI-US : July 8, 2016 (NYSE:PEI)
www.capitalcube.com - July 8 at 8:06 AM
News IconFrom Steel Town Boy to Real Estate Investment Expert (NYSE:PEI)
www.ssuchronicle.com - July 7 at 9:39 AM
biz.yahoo.com logoPENNSYLVANIA REAL ESTATE INVESTMENT TRUST Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of (NYSE:PEI)
biz.yahoo.com - July 6 at 4:41 PM
News IconReal estate sales on the South Shore, July 1 (NYSE:PEI)
www.patriotledger.com - July 1 at 6:47 PM
forbes.com logoPennsylvania Real Estate Investment Trust's Series B Preferred Shares Cross 7% Yield Mark (NYSE:PEI)
www.forbes.com - June 30 at 4:39 PM
publicnow.com logoPREIT Announces Portfolio-Wide Shopper Digital Rewards Program (NYSE:PEI)
www.publicnow.com - June 16 at 8:39 AM
4-traders.com logoPREIT : Comments on Shell Chemical's Decision to Build a Petrochemical Complex in Beaver County (NYSE:PEI)
www.4-traders.com - June 9 at 7:08 PM
publicnow.com logoPREIT Comments on Shell Chemical's Decision to Build a Petrochemical Complex in Beaver County (NYSE:PEI)
www.publicnow.com - June 8 at 5:18 PM
finance.yahoo.com logoPREIT Completes Sale of Downtown Philadelphia Properties (NYSE:PEI)
finance.yahoo.com - June 7 at 7:00 AM
publicnow.com logoPREIT Schedules Second Quarter 2016 Earnings Release and Conference Call (NYSE:PEI)
www.publicnow.com - June 6 at 4:58 PM
publicnow.com logoPREIT to Present at REITWeek® 2016: NAREIT's Investor Forum (NYSE:PEI)
www.publicnow.com - June 1 at 4:45 PM
News IconLatest Analyst Ratings For Pennsylvania Real Estate Investment Trust (NYSE:PEI) - Share Trading News (NYSE:PEI)
www.sharetrading.news - May 26 at 8:49 AM
tradecalls.org logoPennsylvania R.E.I.T.(NYSE:PEI) Declares Dividend of $0.2100. - Trade Calls (NYSE:PEI)
www.tradecalls.org - May 20 at 2:48 PM
capitalcube.com logoETF’s with exposure to Pennsylvania Real Estate Investment Trust : May 19, 2016 (NYSE:PEI)
www.capitalcube.com - May 18 at 10:46 PM
capitalcube.com logoPennsylvania Real Estate Investment Trust breached its 50 day moving average in a Bullish Manner : PEI-US : May 17, 2016 (NYSE:PEI)
www.capitalcube.com - May 17 at 8:08 AM
capitalcube.com logoPennsylvania Real Estate Investment Trust :PEI-US: Earnings Analysis: Q1, 2016 By the Numbers (NYSE:PEI)
www.capitalcube.com - April 28 at 10:57 AM
finance.yahoo.com logoEdited Transcript of PEI earnings conference call or presentation 27-Apr-16 3:00pm GMT (NYSE:PEI)
finance.yahoo.com - April 27 at 1:01 PM
News IconPennsylvania R.E.I.T. (PEI) Releases Earnings Results, Reports EPS of $0.43 EPS - Market Digest (NYSE:PEI)
www.themarketdigest.org - April 27 at 10:18 AM
4-traders.com logoPennsylvania R E I T : Real Estate reports 1Q results (NYSE:PEI)
www.4-traders.com - April 27 at 10:18 AM
sg.finance.yahoo.com logoPennsylvania Real Estate reports 1Q results (NYSE:PEI)
sg.finance.yahoo.com - April 26 at 6:19 PM
publicnow.com logoPREIT Reports Strong First Quarter 2016 Results Reflecting Upgraded Portfolio (NYSE:PEI)
www.publicnow.com - April 26 at 4:47 PM
biz.yahoo.com logoQ1 2016 Pennsylvania Real Estate Investment Trust Earnings Release - After Market Close (NYSE:PEI)
biz.yahoo.com - April 26 at 7:07 AM

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Pennsylvania Real Estate Investment Trust (NYSE:PEI) Chart for Wednesday, September, 28, 2016


Last Updated on 9/28/2016 by MarketBeat.com Staff