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

Pennsylvania R.E.I.T. trades on the New York Stock Exchange (NYSE) under the ticker symbol "PEI."

Pennsylvania R.E.I.T. announced a quarterly dividend on Monday, October 28th. Investors of record on Monday, December 2nd will be given a dividend of $0.21 per share on Monday, December 16th. This represents a $0.84 annualized dividend and a yield of 18.63%. The ex-dividend date of this dividend is Friday, November 29th. View Pennsylvania R.E.I.T.'s Dividend History.

Pennsylvania R.E.I.T. (NYSE:PEI) released its earnings results on Tuesday, October, 29th. The real estate investment trust reported $0.22 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.29 by $0.07. The real estate investment trust had revenue of $80.88 million for the quarter, compared to analyst estimates of $81.50 million. Pennsylvania R.E.I.T. had a negative return on equity of 15.16% and a negative net margin of 21.74%. View Pennsylvania R.E.I.T.'s Earnings History.

Pennsylvania R.E.I.T. is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Pennsylvania R.E.I.T..

5 brokers have issued 12-month target prices for Pennsylvania R.E.I.T.'s shares. Their forecasts range from $4.00 to $5.50. On average, they anticipate Pennsylvania R.E.I.T.'s stock price to reach $4.75 in the next twelve months. This suggests a possible upside of 5.3% from the stock's current price. View Analyst Price Targets 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 4 sell ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Pennsylvania R.E.I.T..

News stories about PEI stock have trended extremely negative this week, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Pennsylvania R.E.I.T. earned a coverage optimism score of -4.5 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Pennsylvania R.E.I.T..

Pennsylvania R.E.I.T. saw a drop in short interest in December. As of December 13th, there was short interest totalling 37,450,000 shares, a drop of 6.7% from the November 28th total of 40,140,000 shares. Based on an average daily trading volume, of 1,380,000 shares, the days-to-cover ratio is currently 27.1 days. Approximately 62.3% of the company's stock are short sold. View Pennsylvania R.E.I.T.'s Current Options Chain.

Some companies that are related to Pennsylvania R.E.I.T. include Simon Property Group (SPG), Realty Income (O), Regency Centers (REG), Federal Realty Investment Trust (FRT), National Retail Properties (NNN), Kimco Realty (KIM), Weingarten Realty Investors (WRI), Macerich (MAC), Agree Realty (ADC), Retail Properties of America (RPAI), Acadia Realty Trust (AKR), Retail Opportunity Investments (ROIC), Taubman Centers (TCO), Alexander's (ALX) and Kite Realty Group Trust (KRG).

Based on aggregate information from My MarketBeat watchlists, some companies that other Pennsylvania R.E.I.T. investors own include Energy Transfer LP Unit (ET), CBL & Associates Properties (CBL), AT&T (T), Omega Healthcare Investors (OHI), Washington Prime Group (WPG), Ares Capital (ARCC), Ford Motor (F), NGL Energy Partners (NGL), ANNALY CAP MGMT/SH (NLY) and New Residential Investment (NRZ).

Pennsylvania R.E.I.T.'s stock is owned by many different of retail and institutional investors. Top institutional shareholders include Nisa Investment Advisors LLC (0.28%) and State of Alaska Department of Revenue (0.09%). Company insiders that own Pennsylvania R.E.I.T. stock include Andrew M Ioannou, Charles P Pizzi, Joanne A Epps, John Joseph Roberts, Joseph F Coradino, Leonard I Korman and Lisa M Most. View Institutional Ownership Trends for Pennsylvania R.E.I.T..

PEI stock was acquired by a variety of institutional investors in the last quarter, including Nisa Investment Advisors 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 Andrew M Ioannou, Charles P Pizzi, Joanne A Epps, John Joseph Roberts, Joseph F Coradino, Leonard I Korman and Lisa M Most. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of PEI stock can currently be purchased for approximately $4.51.

Pennsylvania R.E.I.T. has a market capitalization of $349.93 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..

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

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]