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

-0.03 (-0.64 %)
(As of 08/25/2019 06:07 AM ET)
Today's Range
Now: $4.68
50-Day Range
MA: $5.80
52-Week Range
Now: $4.68
Volume1.14 million shs
Average Volume1.97 million shs
Market Capitalization$362.93 million
P/E Ratio3.04
Dividend Yield18.10%
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. Read More…

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryRetail REITs



Sales & Book Value

Annual Sales$362.40 million
Cash Flow$0.3583 per share
Book Value$5.97 per share


Net Income$-110,330,000.00


Market Cap$362.93 million
Next Earnings Date10/29/2019 (Estimated)

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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 Thursday, July 25th. Stockholders of record on Tuesday, September 3rd will be given a dividend of $0.21 per share on Tuesday, September 17th. This represents a $0.84 annualized dividend and a dividend yield of 17.95%. The ex-dividend date of this dividend is Friday, August 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) announced its earnings results on Tuesday, July, 30th. The real estate investment trust reported ($0.17) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.27 by $0.44. The real estate investment trust had revenue of $81.08 million for the quarter. Pennsylvania R.E.I.T. had a negative return on equity of 18.31% and a negative net margin of 28.45%. 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 29th 2019. View Earnings Estimates for Pennsylvania R.E.I.T..

What price target have analysts set for PEI?

4 brokers have issued 1-year price objectives for Pennsylvania R.E.I.T.'s stock. Their forecasts range from $5.00 to $8.00. On average, they expect Pennsylvania R.E.I.T.'s stock price to reach $6.6667 in the next twelve months. This suggests a possible upside of 42.5% 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.?

4 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, 1 hold rating and 1 buy rating 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. " (8/3/2019)
  • 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 trended positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pennsylvania R.E.I.T. earned a news sentiment score of 2.5 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the immediate future. View News Stories for Pennsylvania R.E.I.T..

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

Pennsylvania R.E.I.T. saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 30,595,100 shares, an increase of 10.9% from the June 30th total of 27,582,300 shares. Based on an average daily trading volume, of 1,420,000 shares, the short-interest ratio is presently 21.5 days. Currently, 57.3% of the shares of the company are short sold. View Pennsylvania R.E.I.T.'s Current Options Chain.

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)
  • Mr. Joseph J. Aristone, Exec. VP of Leasing (Age 53)

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 Vanguard Group Inc. (14.51%), BlackRock Inc. (14.21%), Invesco Ltd. (4.42%), Victory Capital Management Inc. (2.43%), Northern Trust Corp (1.46%) and Bank of New York Mellon Corp (1.42%). 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 BlackRock Inc., Pinebridge Investments L.P., Invesco Ltd., Charles Schwab Investment Management Inc., Wells Fargo & Company MN, Teachers Insurance & Annuity Association of America, SG Americas Securities LLC and Cedar Capital 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 purchased by a variety of institutional investors in the last quarter, including Zweig DiMenna Associates LLC, Vanguard Group Inc., Nuveen Asset Management LLC, Orinda Asset Management LLC, Skandinaviska Enskilda Banken AB publ , JPMorgan Chase & Co., Point72 Asset Management L.P. and Lido Advisors LLC. 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 $4.68.

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

Pennsylvania R.E.I.T. has a market capitalization of $362.93 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.View Additional Information About Pennsylvania R.E.I.T..

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:  230 (Vote Outperform)
Underperform Votes:  439 (Vote Underperform)
Total Votes:  669
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 8/25/2019 by MarketBeat.com Staff

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