PEI - Pennsylvania Real Estate Investment Trust

NYSE - Nasdaq Real Time Price. Currency in USD
10.480
-0.020 (-0.190%)
As of 10:00AM EDT. Market open.
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Previous Close10.500
Open10.450
Bid10.480 x 500
Ask10.490 x 700
Day's Range10.430 - 10.580
52 Week Range9.750 - 21.850
Volume133,262
Avg. Volume1,518,455
Market Cap818.91M
Beta1.34
PE Ratio (TTM)-7.94
EPS (TTM)-1.32
Earnings DateNov 1, 2017
Dividend & Yield0.84 (8.09%)
Ex-Dividend Date2017-08-30
1y Target Est11.90
Trade prices are not sourced from all markets
  • Cramer Remix: Forget millennial cord-cutters, this entert...
    CNBC Videos18 days ago

    Cramer Remix: Forget millennial cord-cutters, this entert...

    Jim Cramer updates his take on the house that a mouse built ahead of some headlines next week.

  • Retail REIT chief says his mall properties are 'detoxing,...
    CNBC Videos18 days ago

    Retail REIT chief says his mall properties are 'detoxing,...

    Jim Cramer sits down with PREIT CEO Joseph Coradino to hear how retail real estate is faring in a pressured environment.

  • Pennsylvania Real Estate Investment Trust breached its 50 day moving average in a Bullish Manner : PEI-US : October 16, 2017
    Capital Cubeyesterday

    Pennsylvania Real Estate Investment Trust breached its 50 day moving average in a Bullish Manner : PEI-US : October 16, 2017

    Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Pennsylvania Real Estate Investment Trust. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving ... Read more (Read more...)

  • PR Newswireyesterday

    PREIT Raises $289 Million

    Executes on early refinancing of Lehigh Valley Mall Shares recent Balance Sheet and Leasing Progress PHILADELPHIA , Oct. 16, 2017 /PRNewswire/ -- PREIT (NYSE: PEI) has raised $289 million in total capital ...

  • Pennsylvania Real Estate Investment Trust breached its 50 day moving average in a Bullish Manner : PEI-US : October 4, 2017
    Capital Cube13 days ago

    Pennsylvania Real Estate Investment Trust breached its 50 day moving average in a Bullish Manner : PEI-US : October 4, 2017

    Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Pennsylvania Real Estate Investment Trust. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving ... Read more (Read more...)

  • GlobeNewswire14 days ago

    Vornado Announces Certain Items to be Included in its Third Quarter 2017 Financial Results

    NEW YORK, Oct. 03, 2017-- Vornado Realty Trust today announced that its financial results for the quarter ended September 30, 2017 will include the following:. $53.6 million of transaction costs in connection ...

  • See what the IHS Markit Score report has to say about Pennsylvania Real Estate Investment Trust.
    Markit14 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

  • TheStreet.com17 days ago

    Pennsylvania Real Estate Investment Trust: Cramer's Top Takeaways

    Joseph Coradino, chairman and CEO of Pennsylvania Real Estate Investment Trust, tells Jim Cramer the talk of the retail Armageddon is overdone.

  • CNBC18 days ago

    Cramer Remix: Forget millennial cord-cutters, this entertainment stock wins long term

    Jim Cramer updates his take on the house that a mouse built ahead of some headlines next week.

  • PREIT Furthers Anchor Repositioning Efforts with Opening of DICK's Sporting Goods at Capital City Mall
    PR Newswire19 days ago

    PREIT Furthers Anchor Repositioning Efforts with Opening of DICK's Sporting Goods at Capital City Mall

    Marks 5th of 6 new stores opening in former department store spaces in 2017 PHILADELPHIA , Sept. 28, 2017 /PRNewswire/ -- PREIT (NYSE: PEI) today announced the opening of DICK's Sporting Goods as the replacement ...

  • PREIT's Proactive Moves to Counter Choppy Retail Real Estate
    Zacks20 days ago

    PREIT's Proactive Moves to Counter Choppy Retail Real Estate

    Pennsylvania Real Estate Investment Trust (PEI), better known as PREIT, making every effort to enhance and diversify its tenant mix.

  • PR Newswire20 days ago

    PREIT Welcomes New Brands to Cherry Hill Mall in Advance of Holiday Shopping Highlighted by Suburban Philadelphia's First Zara

    PHILADELPHIA, Sept. 27, 2017 /PRNewswire/ -- PREIT (PEI) announces the grand opening of international fast-fashion retailer, Zara, at Cherry Hill Mall in Cherry Hill, NJ tomorrow. This first-to-portfolio retailer for PREIT marks the brand's first location in suburban Philadelphia and further elevates the diverse and curated mix of concepts at the highly trafficked property. Zara – one of the largest clothing retailers globally, offering apparel and accessories for men, women and children – occupies approximately 26,000 square feet of space between Macy's and Nordstrom.

  • PR Newswire20 days ago

    PREIT Schedules Third Quarter 2017 Earnings Release and Conference Call

    PHILADELPHIA , Sept. 27, 2017 /PRNewswire/ -- Pennsylvania Real Estate Investment Trust (PREIT/NYSE: PEI) intends to release its financial results for the quarter ending September 30, 2017 after market ...

  • PR Newswire21 days ago

    PREIT Raises over $180 Million in September

    PREIT completed the sale of this lower-productivity mall.  Proceeds were $33.2 million. Series D Preferred Shares – The Company issued $120 million of preferred equity at 6.875% and is using the proceeds to redeem all of its Series A Preferred Shares at 8.25%.  Annual preferred dividend savings are expected to be approximately $1.58 million on the previous amount outstanding.

  • PR Newswire26 days ago

    PREIT Continues Proactive Anchor Redevelopment Initiative With Opening of Burlington at Magnolia Mall

    PHILADELPHIA, Sept. 21, 2017 /PRNewswire/ -- PREIT (PEI) announces the grand opening of a 46,000 square foot Burlington at Magnolia Mall in Florence, SC as part of the Company's continued success in enhancing its anchor mix. The national off-price retailer, which will be joined by Five Below and HomeGoods in Spring 2018, is opening Friday in space formerly occupied by Sears, which was proactively recaptured by PREIT.  In so doing, the Company has fully leased the box in less than nine months.  This tenant represents the fourth of 6 stores opening in former department store boxes this year for PREIT. Complementing Burlington in the value retail category, a 20,000-square foot HomeGoods and 8,500-square foot Five Below – both first to region retailers – will open in Spring 2018.

  • PR Newswirelast month

    Herberger's Opens in former Macy's store at Valley View Mall in La Crosse, WI

    Fashion-oriented department store expands to meet shopper demand PHILADELPHIA , Sept. 14, 2017 /PRNewswire/ -- PREIT (NYSE: PEI) announced that Herberger's at Valley View Mall in La Crosse, WI has opened ...

  • 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

  • PR Newswirelast month

    PREIT Announces Redemption of 8.25% Series A Cumulative Perpetual Preferred Shares

    PHILADELPHIA, Sept. 11, 2017 /PRNewswire/ -- Pennsylvania Real Estate Investment Trust (the "Company") (PEI) today announced that it intends to redeem on October 12, 2017 (the "Redemption Date") all of its 8.25% Series A Cumulative Redeemable Perpetual Preferred Shares ("Series A Preferred Shares") remaining issued and outstanding as of the Redemption Date. The Series A Preferred Shares will be redeemed at a redemption price of $25.00 per share, plus an amount equal to all accrued and unpaid dividends on each Series A Preferred Share (whether or not declared) from September 15, 2017 to but excluding the Redemption Date. Dividends on the Series A Preferred Shares will cease to accrue on the Redemption Date.  Upon redemption, the Series A Preferred Shares will no longer be outstanding, and all rights of the holders of such shares will terminate, except the right of the holders to receive the cash payable upon such redemption, without interest.  Upon redemption, the Series A Preferred Shares will be delisted from trading on the New York Stock Exchange.

  • PR Newswirelast month

    PREIT Closes Preferred Share Offering

    PHILADELPHIA, Sept. 11, 2017 /PRNewswire/ -- Pennsylvania Real Estate Investment Trust (the "Company") (PEI) today closed the previously announced underwriting public offering of 4,800,000 of its 6.875% Series D Cumulative Redeemable Perpetual Preferred Shares (the "Series D Preferred Shares"), with a liquidation preference of $25.00 per share.  The estimated net proceeds from the offering are expected to be approximately $115.8 million, after deducting the underwriting discount and estimated expenses. The Company intends to use the net proceeds from this offering to redeem all of the Company's outstanding Series A Preferred Shares with an aggregate liquidation preference of approximately $115.0 million and to use the remaining proceeds for general corporate purposes.

  • PREIT Enhances Viewmont Mall with Anchor Improvement Program
    Zackslast month

    PREIT Enhances Viewmont Mall with Anchor Improvement Program

    Pennsylvania Real Estate Investment Trust (PEI), better known as PREIT, announces opening of three new retailers at Viewmont Mall in Scranton, PA, within the space previously occupied by Sears.

  • PR Newswirelast month

    PREIT Prices Series D Preferred Share Offering

    PHILADELPHIA, Sept. 7, 2017 /PRNewswire/ -- Pennsylvania Real Estate Investment Trust (the "Company") (PEI) today announced that it has priced the underwritten public offering of 4,800,000 of its 6.875% Series D Cumulative Redeemable Perpetual Preferred Shares (the "Series D Preferred Shares") at $25.00 per share, plus accrued dividends, if any.  The offering is expected to close on September 11, 2017, subject to the satisfaction of customary closing conditions.  Dividends on the Series D Preferred Shares will be paid quarterly in arrears on the 15th day of each March, June, September and December commencing December 15, 2017 at a rate of 6.875% annually of the stated liquidation value of $25.00 per share, which is equivalent to $1.71875 per share on an annualized basis. The Company has granted the underwriters for the public offering a 30-day option to purchase up to 720,000 additional Series D Preferred Shares.

  • PR Newswirelast month

    PREIT Completes Anchor Improvement Program at Viewmont Mall with Opening of HomeGoods, DICK'S Sporting Goods and Field & Stream

    Multi-year remerchandising efforts at dominant mall yields diversified tenant mix aligned with the new age of retailing PHILADELPHIA , Sept. 7, 2017 /PRNewswire/ -- PREIT (NYSE: PEI) announces the opening ...

  • PREIT Closes Sale of 17th Low-Productivity Mall for $33.2M
    Zackslast month

    PREIT Closes Sale of 17th Low-Productivity Mall for $33.2M

    Pennsylvania Real Estate Investment Trust (PEI), better known as PREIT, resorts to portfolio rejig, sells 17 lower productivity malls and other non-core properties since January 2013.

  • PR Newswirelast month

    PREIT Completes Sale of Logan Valley Mall

    A 17th low-productivity mall sold improves portfolio quality, growth profile and secures additional capital PHILADELPHIA , Sept. 6, 2017 /PRNewswire/ -- PREIT (NYSE: PEI) today announced it has completed ...

  • 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