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NYSE:PEI

Pennsylvania Real Estate Investment Trust Stock Forecast, Price & News

$1.14
+0.03 (+2.70 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$1.12
Now: $1.14
$1.25
50-Day Range
$0.36
MA: $0.57
$1.26
52-Week Range
$0.36
Now: $1.14
$5.89
Volume2.68 million shs
Average Volume2.71 million shs
Market Capitalization$90.67 million
P/E RatioN/A
Dividend YieldN/A
Beta2.14
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. Since 2012, the Company has driven a transformation guided by an emphasis on portfolio quality and balance sheet strength driven by disciplined capital expenditures. On November 1, 2020, Pennsylvania Real Estate Investment Trust filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.
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Pennsylvania Real Estate Investment Trust logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 1.7Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.51 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
CUSIP70910210
Phone215-875-0700
Employees233

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$336.79 million
Cash Flow$3.35 per share
Book Value$5.51 per share

Profitability

Net Income$-10,870,000.00

Miscellaneous

Market Cap$90.67 million
Next Earnings Date2/23/2021 (Estimated)
OptionableOptionable
$1.14
+0.03 (+2.70 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Pennsylvania Real Estate Investment Trust (NYSE:PEI) Frequently Asked Questions

How has Pennsylvania Real Estate Investment Trust's stock price been impacted by COVID-19 (Coronavirus)?

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.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Pennsylvania Real Estate Investment Trust?

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.

What stocks does MarketBeat like better than Pennsylvania Real Estate Investment Trust?

Wall Street analysts have given Pennsylvania Real Estate Investment Trust a "Sell" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Pennsylvania Real Estate Investment Trust wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Pennsylvania Real Estate Investment Trust's next earnings date?

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
.

How were Pennsylvania Real Estate Investment Trust's earnings last quarter?

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
.

How often does Pennsylvania Real Estate Investment Trust pay dividends? What is the dividend yield for Pennsylvania Real Estate Investment Trust?

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
.

What price target have analysts set for PEI?

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
.

Who are some of Pennsylvania Real Estate Investment Trust's key competitors?

What other stocks do shareholders of Pennsylvania Real Estate Investment Trust own?

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).

Who are Pennsylvania Real Estate Investment Trust's key executives?

Pennsylvania Real Estate Investment Trust's management team includes the following people:
  • Mr. Joseph F. Coradino, Chairman & CEO (Age 68, Pay $2.16M)
  • Mr. Mario C. Ventresca Jr., Exec. VP & CFO (Age 53, Pay $771.17k)
  • Mr. Andrew M. Ioannou, Exec. VP of Fin. & Acquisitions (Age 45, Pay $613.4k)
  • Mr. Joseph J. Aristone, Exec. VP of Leasing (Age 54, Pay $641.2k)
  • Mr. Rudolph Alberts Jr., Sr. VP of Operations
  • Ms. Lisa M. Most, Exec. VP, Gen. Counsel, Chief Compliance Officer & Sec. (Age 50)
  • Ms. Heather Crowell, Exec. VP of Strategy & Communications (Age 41)
  • Mr. Daniel M. Herman, Sr. VP of Devel.
  • Debi Gilson, Regional Marketing Director of East Region Properties
  • Mr. Michael Rakers, Gen. Mang. of Springfield Mall

What is Pennsylvania Real Estate Investment Trust's stock symbol?

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

Who are Pennsylvania Real Estate Investment Trust's major shareholders?

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
.

Which major investors are selling Pennsylvania Real Estate Investment Trust stock?

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
.

Which major investors are buying Pennsylvania Real Estate Investment Trust stock?

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
.

How do I buy shares of 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.

What is Pennsylvania Real Estate Investment Trust's stock price today?

One share of PEI stock can currently be purchased for approximately $1.14.

How big of a company is Pennsylvania Real Estate Investment Trust?

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.

What is Pennsylvania Real Estate Investment Trust's official website?

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

How can I contact Pennsylvania Real Estate Investment Trust?

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]

This page was last updated on 11/29/2020 by MarketBeat.com Staff

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