Pennsylvania Real Estate Investment Trust Stock Forecast, Price & News

Pennsylvania Real Estate Investment Trust's stock was trading at $1.18 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PEI shares have decreased by 3.4% and is now trading at $1.14.
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3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pennsylvania Real Estate Investment Trust 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 Real Estate Investment Trust or view MarketBeat's top 5 stock picks.

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Pennsylvania Real Estate Investment Trust is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for Pennsylvania Real Estate Investment Trust.

Pennsylvania Real Estate Investment Trust (NYSE:PEI) released its quarterly earnings data on Friday, November, 6th. The real estate investment trust reported ($0.46) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.13 by $0.59. Pennsylvania Real Estate Investment Trust had a negative net margin of 8.63% and a negative return on equity of 6.48%.
View Pennsylvania Real Estate Investment Trust's earnings history.

Pennsylvania Real Estate Investment Trust declared a quarterly dividend on Tuesday, May 19th. Shareholders 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 annualized dividend and a dividend yield of 7.02%. The ex-dividend date is Friday, May 29th.
View Pennsylvania Real Estate Investment Trust's dividend history.

3 Wall Street analysts have issued 12 month target prices for Pennsylvania Real Estate Investment Trust's stock. Their forecasts range from $0.70 to $5.50. On average, they anticipate Pennsylvania Real Estate Investment Trust's share price to reach $2.40 in the next year. This suggests a possible upside of 110.5% from the stock's current price.
View analysts' price targets for Pennsylvania Real Estate Investment Trust.

Some companies that are related to Pennsylvania Real Estate Investment Trust 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), Retail Properties of America (RPAI), The Macerich (MAC), Retail Opportunity Investments (ROIC), Alexander's (ALX), Acadia Realty Trust (AKR) and Kite Realty Group Trust (KRG).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Pennsylvania Real Estate Investment Trust investors own include Washington Prime Group (WPG), CBL & Associates Properties (CBL), Gran Tierra Energy (GTE), Cannabics Pharmaceuticals (CNBX), Golar LNG Partners (GMLP), DHT (DHT), ADMA Biologics (ADMA), Aeterna Zentaris (AEZS), EnLink Midstream (ENLC) and Tilly's (TLYS).

Pennsylvania Real Estate Investment Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "PEI."

Pennsylvania Real Estate Investment Trust's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (1.82%), Charles Schwab Investment Management Inc. (1.68%), Jane Street Group LLC (0.96%), Alps Advisors Inc. (0.82%), Alps Advisors Inc. (0.82%) and Squarepoint Ops LLC (0.70%). Company insiders that own Pennsylvania Real Estate Investment Trust 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 Real Estate Investment Trust.

PEI stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., State Street Corp, Squarepoint Ops LLC, Charles Schwab Investment Management Inc., and Paloma Partners Management Co.
View insider buying and selling activity for Pennsylvania Real Estate Investment Trust.

PEI stock was acquired by a variety of institutional investors in the last quarter, including Jane Street Group LLC, Alps Advisors Inc., Alps Advisors Inc., GSA Capital Partners LLP, and ExodusPoint Capital Management LP. Company insiders that have bought Pennsylvania Real Estate Investment Trust 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 Real Estate Investment Trust.

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 $1.14.

Pennsylvania Real Estate Investment Trust has a market capitalization of $90.67 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 Real Estate Investment Trust employs 233 workers across the globe.

The official website for Pennsylvania Real Estate Investment Trust is www.preit.com.

Pennsylvania Real Estate Investment Trust'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 investo[email protected]