PEI - Pennsylvania Real Estate Investment Trust

NYSE - Nasdaq Real Time Price. Currency in USD
9.48
-0.07 (-0.68%)
As of 10:08AM EDT. Market open.
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Previous Close9.55
Open9.53
Bid9.50 x 800
Ask9.51 x 800
Day's Range9.48 - 9.59
52 Week Range8.86 - 12.52
Volume90,212
Avg. Volume965,050
Market Cap746.708M
Beta1.49
PE Ratio (TTM)N/A
EPS (TTM)-0.67
Earnings DateApr 23, 2018 - Apr 27, 2018
Forward Dividend & Yield0.84 (8.66%)
Ex-Dividend Date2018-08-31
1y Target Est10.46
Trade prices are not sourced from all markets
  • PREIT (PEI) Ramps Up Cherry Hill Mall, Revamps Tenant Roster
    Zacks4 days ago

    PREIT (PEI) Ramps Up Cherry Hill Mall, Revamps Tenant Roster

    Pennsylvania Real Estate Investment's (PEI) latest tenant lineup at the company flagship destination -- Cherry Hill Mall -- complements its targeted merchandising strategies and differential tenant mix.

  • PR Newswire6 days ago

    PREIT Delivers New Tenants to Cherry Hill Mall as Retail Evolution Continues

    PHILADELPHIA, Sept. 18, 2018 /PRNewswire/ -- PREIT (PEI) today unveiled a lineup of new tenants for Cherry Hill Mall, a premier fashion and dining destination in the Philadelphia region, continuing to stay ahead of consumer expectations and further expanding the tenant mix. New to PREIT's portfolio, affordable Canadian fast-fashion destination Ardene will debut as the brand's only store in the region. The 11,000 square foot store will meet the growing demand for this retail segment and will open later this year.

  • See what the IHS Markit Score report has to say about Pennsylvania Real Estate Investment Trust.
    Markit6 days ago

    See what the IHS Markit Score report has to say about Pennsylvania Real Estate Investment Trust.

    Pennsylvania Real Estate Investment Trust NYSE:PEI

  • See what the IHS Markit Score report has to say about Pennsylvania Real Estate Investment Trust.
    Markit9 days ago

    See what the IHS Markit Score report has to say about Pennsylvania Real Estate Investment Trust.

    Pennsylvania Real Estate Investment Trust NYSE:PEI

  • Thomson Reuters StreetEvents14 days ago

    Edited Transcript of PEI earnings conference call or presentation 2-May-18 3:00pm GMT

    Q1 2018 Pennsylvania Real Estate Investment Trust Earnings Call

  • See what the IHS Markit Score report has to say about Pennsylvania Real Estate Investment Trust.
    Markitlast month

    See what the IHS Markit Score report has to say about Pennsylvania Real Estate Investment Trust.

    Pennsylvania Real Estate Investment Trust NYSE:PEI

  • Redevelopment Initiatives to Solidify PREIT's Woodland Mall
    Zackslast month

    Redevelopment Initiatives to Solidify PREIT's Woodland Mall

    In its latest efforts to sail through retail market blues, PREIT (PEI) commences construction at the premium Woodland Mall. Also, new-to-portfolio retailers will likely boost mall traffic and sales.

  • PR Newswirelast month

    PREIT Marks New Milestones in the Strategic Redevelopment of Woodland Mall

    PHILADELPHIA, Aug. 20, 2018 /PRNewswire/ -- PREIT (PEI) today unveiled a series of milestones in the high-impact redevelopment of Woodland Mall, further strengthening the already dominant asset in the Grand Rapids, MI market and redefining the shopping experience for consumers. Construction has commenced on first-to-portfolio retailer Von Maur, which will occupy 90,000 square feet in the former Sears footprint. This location will be the high-end department store's first in the region, with an anticipated October 2019 opening, and will join a series of other new-to-portfolio and new-to-market retailers at the mall.

  • Thomson Reuters StreetEventslast month

    Edited Transcript of PEI earnings conference call or presentation 3-Aug-18 3:00pm GMT

    Q2 2018 Pennsylvania Real Estate Investment Trust Earnings Call

  • Why 1 High-Yield Retail REIT Is at the Top of My Watchlist
    Motley Foollast month

    Why 1 High-Yield Retail REIT Is at the Top of My Watchlist

    REITs that own low-quality malls have seen their stock prices sag in recent years. But one retail REIT is in the midst of dramatically upgrading its portfolio, which could drive big gains for investors in the next few years.

  • See what the IHS Markit Score report has to say about Pennsylvania Real Estate Investment Trust.
    Markitlast month

    See what the IHS Markit Score report has to say about Pennsylvania Real Estate Investment Trust.

    Pennsylvania Real Estate Investment Trust NYSE:PEI

  • Fashion District Philadelphia 'not your grandmother's mall'
    American City Business Journals2 months ago

    Fashion District Philadelphia 'not your grandmother's mall'

    Though it came at a price — $100 million more than expected — the redevelopment team of the former Gallery believe they are creating a marquee project that will be a destination in Philadelphia.

  • PR Newswire2 months ago

    PREIT Redefines the Mall Experience as Next Phase of Transformation at Plymouth Meeting Mall is Revealed

    PHILADELPHIA, Aug. 8, 2018 /PRNewswire/ -- PREIT (PEI) today announced the next phase of Plymouth Meeting Mall's transformation with the redevelopment of the property's Macy's store. Long before the term "retailtainment" was coined, PREIT was ahead of industry trends in transforming its properties from pure retail to full-scale lifestyle destinations, as evidenced by the evolution of Plymouth Meeting Mall. Its foresight into evolving consumer preferences and the need for differentiated retail offerings included the addition of Dave and Buster's in 2009, nearly a decade prior to the entertainment explosion at malls, and Whole Foods in 2010, one of the first grocery stores on a mall property.

  • PREIT Brings Studio Movie Grill Offering an Immersive, Luxury Moviegoing Experience to Willow Grove Park
    PR Newswire2 months ago

    PREIT Brings Studio Movie Grill Offering an Immersive, Luxury Moviegoing Experience to Willow Grove Park

    PHILADELPHIA, Aug. 6, 2018 /PRNewswire/ -- PREIT (PEI) today announced the addition of Studio Movie Grill at Willow Grove Park, replacing the former JC Penney, further diversifying and enhancing the mall's tenant roster with an exciting experiential tenant. Slated to open in 2019, Studio Movie Grill represents the latest accomplishment in PREIT's comprehensive and strategic anchor repositioning program – marking 11 announced department store replacements solidified since the beginning of 2017.

  • See what the IHS Markit Score report has to say about Pennsylvania Real Estate Investment Trust.
    Markit2 months ago

    See what the IHS Markit Score report has to say about Pennsylvania Real Estate Investment Trust.

    Pennsylvania Real Estate Investment Trust NYSE:PEI

  • Pennsylvania Real Estate (PEI) Q2 Earnings Top Estimates
    Zacks2 months ago

    Pennsylvania Real Estate (PEI) Q2 Earnings Top Estimates

    Pennsylvania Real Estate (PEI) delivered earnings and revenue surprises of 14.71% and -7.43%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?

  • ACCESSWIRE2 months ago

    Pennsylvania Real Estate Investment Trust to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / August 3, 2018 / Pennsylvania Real Estate Investment Trust (NYSE: PEI ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 3, 2018 at 11:00 ...

  • Associated Press2 months ago

    Pennsylvania Real Estate: 2Q Earnings Snapshot

    The Philadelphia-based real estate investment trust said it had funds from operations of $30.3 million, or 39 cents per share, in the period. The average estimate of four analysts surveyed by Zacks Investment ...

  • PR Newswire2 months ago

    PREIT Reports Second Quarter 2018 Results

    Executed Non-Anchor Leases add 230 bps to Occupancy Sales PSF at Top 5 Properties Exceed $600 $700 Million Credit Facility Recast Complete Average Renewal Spreads were 7.5% in Wholly Owned Portfolio PHILADELPHIA ...

  • Fashion District Philadelphia won't open for at least another year
    American City Business Journals2 months ago

    Fashion District Philadelphia won't open for at least another year

    Macerich and Pennsylvania Real Estate Investment Trust, the companies redeveloping the Center City property, now say that the opening is set for November 2019 but progress is being made.

  • Fashion District Redefines the Philadelphia Destination Consumer Experience with Dynamic Tenants and Community Programming
    PR Newswire2 months ago

    Fashion District Redefines the Philadelphia Destination Consumer Experience with Dynamic Tenants and Community Programming

    PHILADELPHIA, Aug. 1, 2018 /PRNewswire/ -- Fashion District Philadelphia, a joint venture partnership between Macerich and PREIT, today unveils a series of impactful project milestones, including dynamic tenants and community programming reflective of the vision and significant nature of this project's impact and reach in Philadelphia. With over 650,000 square feet of space, or more than 80%, leased or in active negotiations, the new additions create a vibrant destination for shopping, dining, socializing and playing, cementing the next generation of consumer experiences.  As the retail landscape evolves to further integrate lifestyle and dining concepts, the project has advanced its tenancy to reflect the brand pillars in four key areas in one operating platform: Style, Dining, Entertainment, and Arts & Culture.

  • See what the IHS Markit Score report has to say about Pennsylvania Real Estate Investment Trust.
    Markit2 months ago

    See what the IHS Markit Score report has to say about Pennsylvania Real Estate Investment Trust.

    Pennsylvania Real Estate Investment Trust NYSE:PEI

  • Coming to a mall near you: Coworking space
    American City Business Journals2 months ago

    Coming to a mall near you: Coworking space

    Coworking operator 1776 is adding to its network of locations and will expand to the Cherry Hill Mall.  It will occupy 11,000 square feet in the 1.3-million-square-foot retail center, which is owned by Pennsylvania Real Estate Investment Trust (NYSE: PEI). The mall operator established Bespoke in 2015 in 37,000 square feet at its Westfield San Francisco Centre.

  • PR Newswire2 months ago

    PREIT Partners with 1776 to Bring Innovative Incubator Space to Cherry Hill Mall

    PHILADELPHIA, July 24, 2018 /PRNewswire/ -- PREIT (PEI) today announced a new partnership with 1776 at Cherry Hill Mall to drive innovation among the local retail community. 1776 has created the largest network of incubators that cultivates and empowers companies and startup ecosystems in the Northeast Corridor. As developers get more innovative with the use of space and the concept of a workplace evolves, this is a new-to-portfolio concept for PREIT and the first mall location for 1776.

  • PR Newswire2 months ago

    PREIT Declares Quarterly Dividend for Common and Preferred Shares

    PHILADELPHIA, July 19, 2018 /PRNewswire/ -- Pennsylvania Real Estate Investment Trust (PEI) announced that its Board of Trustees has declared a quarterly cash dividend of $0.21 per common share.  The dividend is payable on September 17, 2018 to common shareholders of record on September 4, 2018. The Company also announced today that its Board of Trustees has declared quarterly cash dividends of  $0.4609375 per share on its 7.375% Series B Cumulative Redeemable Perpetual Preferred Shares, $0.450000 per share to holders of its 7.20% Series C Preferred Shares, and $0.4296875 per share to holders of its 6.875% Series D Preferred Shares. PREIT (PEI) is a publicly traded real estate investment trust that owns and manages quality properties in compelling markets.