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 (COVID-19) reached pandemic status according to the World Health Organization. Since then, PEI stock has increased by 8.5% and is now trading at $1.28. 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) posted its quarterly earnings data on Thursday, May, 21st. The real estate investment trust reported ($0.26) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.25) by $0.01. The real estate investment trust had revenue of $74.24 million for the quarter, compared to analysts' expectations of $82.84 million. Pennsylvania R.E.I.T. had a negative return on equity of 2.17% and a negative net margin of 2.88%. View Pennsylvania R.E.I.T.'s earnings history.

Pennsylvania R.E.I.T. declared a quarterly dividend on Tuesday, May 19th. Investors of record on Monday, June 1st will be given a dividend of $0.02 per share on Monday, June 15th. This represents a $0.08 annualized dividend and a yield of 6.25%. The ex-dividend date of this dividend is Friday, May 29th. View Pennsylvania R.E.I.T.'s dividend history.

3 brokerages have issued 12 month 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 stock price to reach $2.40 in the next twelve months. This suggests a possible upside of 87.5% from the stock's current price. View analysts' price targets for Pennsylvania R.E.I.T..

News headlines about PEI stock have been trending neutral recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news 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 news sentiment score of 0.4 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about Pennsylvania R.E.I.T..

Pennsylvania R.E.I.T. saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 26,650,000 shares, a decrease of 14.0% from the June 15th total of 30,990,000 shares. Based on an average daily trading volume, of 3,090,000 shares, the short-interest ratio is currently 8.6 days. Currently, 41.1% of the shares of the 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), Taubman Centers (TCO), Weingarten Realty Investors (WRI), Retail Properties of America (RPAI), Alexander's (ALX), Macerich (MAC), Getty Realty (GTY), Retail Opportunity Investments (ROIC) and Acadia Realty Trust (AKR). 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 a variety of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.13%). 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 purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. 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 $1.28.

Pennsylvania R.E.I.T. has a market capitalization of $100.97 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]