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

Pennsylvania Real Estate Investment Trust (NYSE:PEI) released its earnings results on Thursday, March, 11th. The real estate investment trust reported ($39.30) earnings per share for the quarter, missing analysts' consensus estimates of $2.40 by $41.70. Pennsylvania Real Estate Investment Trust had a negative trailing twelve-month return on equity of 567.66% and a negative net margin of 47.01%. Read the conference call transcript .

When did Pennsylvania Real Estate Investment Trust's stock split?

Pennsylvania Real Estate Investment Trust shares reverse split on Thursday, June 16th 2022. The 1-15 reverse split was announced on Thursday, June 16th 2022. The number of shares owned by shareholders was adjusted after the market closes on Thursday, June 16th 2022. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

What is Joseph F. Coradino's approval rating as Pennsylvania Real Estate Investment Trust's CEO?

6 employees have rated Pennsylvania Real Estate Investment Trust Chief Executive Officer Joseph F. Coradino on Glassdoor.com . Joseph F. Coradino has an approval rating of 47% among the company's employees. This puts Joseph F. Coradino in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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) , CNBX Pharmaceuticals (CNBX) , Golar LNG Partners (GMLP) , DHT (DHT) , ADMA Biologics (ADMA) , Aeterna Zentaris (AEZS) , EnLink Midstream (ENLC) and Tilly's (TLYS) .

NYSE:PEI

Pennsylvania Real Estate Investment Trust (PEI) Stock Price, News & Analysis

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Today's Range: N/A
50-Day Range: $2.30
▼
$4.00
52-Week Range: N/A

Volume: 2,288 shs
Average Volume: 59,429 shs
Market Capitalization: $12.83 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Stock Analysis

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About Pennsylvania Real Estate Investment Trust Stock (NYSE:PEI)

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.

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PEI Stock News Headlines

April 9, 2024 | bizjournals.com

Whether PREIT sells Exton Square, other malls is 'a question of value,' new chairman says

April 3, 2024 | bizjournals.com

As PREIT exits bankruptcy, new chairman is 'very bullish' on malls

April 18, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 3, 2024 | msn.com

PREIT, Willow Grove Mall Owner, Exits Bankruptcy With New Leadership

April 3, 2024 | msn.com

Philly mall owner PREIT emerges from its second bankruptcy with new leadership

March 17, 2024 | seekingalpha.com

RLTY: Invest In The Best Real Estate Stocks In 2024

March 15, 2024 | seekingalpha.com

PRETQ Pennsylvania Real Estate Investment Trust

March 11, 2024 | msn.com

Chester County Attorney Sheds Light on Recent Real Estate Legal Developments in Pennsylvania

April 18, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

February 22, 2024 | benzinga.com

Pennsylvania Real Estate Investment Trust Stock (OTC:PRET) Dividends: History, Yield and Dates

December 30, 2023 | investing.com

JER Investors Trust Inc. Files for Bankruptcy Amid Commercial Real Estate Crisis

December 11, 2023 | msn.com

PREIT, owner of several Philadelphia area malls, files for Chapter 11 bankruptcy

December 11, 2023 | reuters.com

Mall owner PREIT plans to slash $880 mln debt in second bankruptcy

December 11, 2023 | msn.com

PREIT, South Jersey Mall Owner, Files For Bankruptcy

December 11, 2023 | wsj.com

Mall Owner Preit Files Second Bankruptcy in Three Years

December 11, 2023 | bizjournals.com

PREIT, owner of Springfield Town Center and Mall at Prince George's, files for Chapter 11 bankruptcy protection

September 27, 2023 | investing.com

PEI_pc Historical Data

August 4, 2023 | finance.yahoo.com

Q2 2023 Pennsylvania Real Estate Investment Trust Earnings Call

August 4, 2023 | thestreet.com

Pennsylvania Real Estate Investment Trust 7.20% Series C Cumulative Redeemable Perpetual Preferred Shares

July 10, 2023 | bizjournals.com

Loan default puts South Coast mall owner in tough spot

July 6, 2023 | benzinga.com

Concerned PREIT Shareholders Urge Failing Trustees to Resign

June 15, 2023 | msn.com

Struggling mall owner PREIT’s board members reject one another’s resignations

June 12, 2023 | msn.com

Struggling mall-owner PREIT’s board members reject one another’s resignations

June 8, 2023 | msn.com

Majority of PREIT board offers resignations after shareholder vote

May 9, 2023 | bizjournals.com

Love the '90s? Springfield Town Center may welcome the return of the carousel.

May 5, 2023 | finance.yahoo.com

Q1 2023 Pennsylvania Real Estate Investment Trust Earnings Call

April 14, 2023 | finance.yahoo.com

Banking crisis: 'The real issue is the credit markets are essentially frozen,' PREIT CEO says

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Company Calendar

Last Earnings: 3/11/2021
Today: 4/18/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Real estate investment trusts
Sub-Industry: Retail REITs
Current Symbol: NYSE:PEI
CUSIP: 70910210
CIK: 77281
Web: www.preit.com
Phone: (215) 875-0700
Fax: 215-546-7311
Employees: 158
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($31.6331)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-132,740,000.00
Net Margins: -47.01%
Pretax Margin: -47.73%
Return on Equity: -567.66%
Return on Assets: -7.17%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.72
Quick Ratio: 0.72

Sales & Book Value

Annual Sales: $296.43 million
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.29 per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 5,370,000
Free Float: 5,182,000
Market Cap: $12.83 million
Optionable: Optionable
Beta: 2.60

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Key Executives

Mr. Joseph F. Coradino (Age 70)
Chairman & CEO
Comp: $3.72M
Mr. Mario C. Ventresca Jr. (Age 55)
Exec. VP & CFO
Comp: $1.31M
Ms. Lisa M. Most (Age 52)
Exec. VP, Gen. Counsel, Chief Compliance Officer & Sec.
Comp: $852.1k
Mr. Andrew M. Ioannou (Age 47)
Exec. VP of Fin. & Acquisitions
Comp: $882.85k
Mr. Joseph J. Aristone (Age 56)
Exec. VP of Leasing
Comp: $882.85k
Mr. Rudolph Alberts Jr.
Sr. VP of Operations
Ms. Sathana Semonsky (Age 48)
VP, Controller & Chief Accounting Officer
Mr. Joshua Schrier
Sr. VP of Acquisitions
Mr. Michael A. Fenchak
VP of Asset Management
Debi Gilson
Regional Marketing Director of East Region Properties

Key Competitors

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PEI Stock Analysis - Frequently Asked Questions

How were Pennsylvania Real Estate Investment Trust's earnings last quarter?: Pennsylvania Real Estate Investment Trust (NYSE:PEI) released its earnings results on Thursday, March, 11th. The real estate investment trust reported ($39.30) earnings per share for the quarter, missing analysts' consensus estimates of $2.40 by $41.70. Pennsylvania Real Estate Investment Trust had a negative trailing twelve-month return on equity of 567.66% and a negative net margin of 47.01%.
Read the conference call transcript.
When did Pennsylvania Real Estate Investment Trust's stock split?: Pennsylvania Real Estate Investment Trust shares reverse split on Thursday, June 16th 2022. The 1-15 reverse split was announced on Thursday, June 16th 2022. The number of shares owned by shareholders was adjusted after the market closes on Thursday, June 16th 2022. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.
What is Joseph F. Coradino's approval rating as Pennsylvania Real Estate Investment Trust's CEO?: 6 employees have rated Pennsylvania Real Estate Investment Trust Chief Executive Officer Joseph F. Coradino on Glassdoor.com. Joseph F. Coradino has an approval rating of 47% among the company's employees. This puts Joseph F. Coradino in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
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), CNBX Pharmaceuticals (CNBX), Golar LNG Partners (GMLP), DHT (DHT), ADMA Biologics (ADMA), Aeterna Zentaris (AEZS), EnLink Midstream (ENLC) and Tilly's (TLYS).

This page (NYSE:PEI) was last updated on 4/18/2024 by MarketBeat.com Staff

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Pennsylvania Real Estate Investment Trust (PEI) Stock Price, News & Analysis

About Pennsylvania Real Estate Investment Trust Stock (NYSE:PEI)

PEI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

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PEI Stock Analysis - Frequently Asked Questions

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