NYSE:PEIPennsylvania R.E.I.T. Stock Price, Forecast & News

Pennsylvania R.E.I.T.'s stock was trading at $1.18 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PEI shares have increased by 0.8% and is now trading at $1.19. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pennsylvania R.E.I.T. in the last year. There are currently 3 sell ratings for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for Pennsylvania R.E.I.T..

Pennsylvania R.E.I.T. is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Pennsylvania R.E.I.T..

Pennsylvania R.E.I.T. (NYSE:PEI) issued its quarterly earnings data on Thursday, May, 21st. The real estate investment trust reported ($0.26) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.25) by $0.01. The real estate investment trust earned $74.24 million during the quarter, compared to analysts' expectations of $82.84 million. Pennsylvania R.E.I.T. had a negative net margin of 2.88% and a negative return on equity of 2.17%. View Pennsylvania R.E.I.T.'s earnings history.

Pennsylvania R.E.I.T. declared a quarterly dividend on Tuesday, May 19th. Stockholders of record on Monday, June 1st will be paid a dividend of $0.02 per share on Monday, June 15th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 6.72%. The ex-dividend date of this dividend is Friday, May 29th. View Pennsylvania R.E.I.T.'s dividend history.

3 analysts have issued 1-year target prices for Pennsylvania R.E.I.T.'s stock. Their forecasts range from $0.70 to $5.50. On average, they anticipate Pennsylvania R.E.I.T.'s share price to reach $2.40 in the next year. This suggests a possible upside of 101.7% from the stock's current price. View analysts' price targets for Pennsylvania R.E.I.T..

Headlines about PEI stock have been trending very negative on Wednesday, according to InfoTrie. The research firm rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Pennsylvania R.E.I.T. earned a news sentiment score of -3.1 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View the latest news aboutPennsylvania R.E.I.T..

Pennsylvania R.E.I.T. saw a increase in short interest in May. As of May 15th, there was short interest totaling 34,980,000 shares, an increase of 5.9% from the April 30th total of 33,040,000 shares. Based on an average trading volume of 3,340,000 shares, the days-to-cover ratio is presently 10.5 days. Currently, 53.5% 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), Agree Realty (ADC), Weingarten Realty Investors (WRI), Taubman Centers (TCO), Alexander's (ALX), Retail Properties of America (RPAI), Retail Opportunity Investments (ROIC), Getty Realty (GTY), Acadia Realty Trust (AKR) and Macerich (MAC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Pennsylvania R.E.I.T. investors own include CBL & Associates Properties (CBL), Washington Prime Group (WPG), NGL Energy Partners (NGL), Amplify Energy (AMPY), Amplify Energy (AMPY), New Residential Investment (NRZ), Chesapeake Energy (CHK), Summit Midstream Partners (SMLP), Golar LNG Partners (GMLP) and AMC Entertainment (AMC).

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

Pennsylvania R.E.I.T.'s stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (12.90%), Invesco Ltd. (4.58%), State Street Corp (3.87%), Bank of New York Mellon Corp (1.86%), Geode Capital Management LLC (1.48%) and Nuveen Asset Management LLC (1.02%). 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 sold by a variety of institutional investors in the last quarter, including UBS Group AG, Morgan Stanley, Carret Asset Management LLC, BlackRock Inc., and Asset Management One Co. Ltd.. View insider buying and selling activity for Pennsylvania R.E.I.T..

PEI stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Lido Advisors LLC, State Street Corp, Alps Advisors Inc., JPMorgan Chase & Co., Bank of New York Mellon Corp, Invesco Ltd., and Geode Capital Management LLC. 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 activity 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 $1.19.

Pennsylvania R.E.I.T. has a market capitalization of $93.86 million and generates $336.79 million in revenue each year. The real estate investment trust earns $-10,870,000.00 in net income (profit) each year or $1.05 on an earnings per share basis. Pennsylvania R.E.I.T. employs 274 workers across the globe.

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

Pennsylvania R.E.I.T.'s mailing address is 2005 MARKET STREET SUITE 1000, PHILADELPHIA PA, 19103. The real estate investment trust can be reached via phone at 215-875-0700 or via email at [email protected]