PEI - Pennsylvania Real Estate Investment Trust

NYSE - NYSE Delayed Price. Currency in USD
7.28
+0.04 (+0.55%)
At close: 4:02PM EDT
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Previous Close7.24
Open7.18
Bid7.27 x 1800
Ask7.28 x 1000
Day's Range7.15 - 7.36
52 Week Range5.46 - 12.45
Volume1,018,948
Avg. Volume1,577,904
Market Cap578.078M
Beta (3Y Monthly)1.75
PE Ratio (TTM)N/A
EPS (TTM)-2.14
Earnings DateJul 31, 2019 - Aug 5, 2019
Forward Dividend & Yield0.84 (13.95%)
Ex-Dividend Date2019-05-31
1y Target Est7.37
Trade prices are not sourced from all markets
  • Here’s What Hedge Funds Think About Pennsylvania Real Estate Investment Trust (PEI)
    Insider Monkey6 days ago

    Here’s What Hedge Funds Think About Pennsylvania Real Estate Investment Trust (PEI)

    Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […]

  • Thomson Reuters StreetEvents10 days ago

    Edited Transcript of PEI earnings conference call or presentation 3-May-19 3:00pm GMT

    Q1 2019 Pennsylvania Real Estate Investment Trust Earnings Call

  • Markit12 days ago

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

    Pennsylvania Real Estate Investment Trust NYSE:PEIView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is high * Economic output in this company's sector is expanding Bearish sentimentShort interest | NegativeShort interest is extremely high for PEI with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting PEI. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding PEI totaled $517 million. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • PREIT Stock Can Keep Rising After a 16% Surge on Friday
    Motley Fool13 days ago

    PREIT Stock Can Keep Rising After a 16% Surge on Friday

    This beaten-down mall REIT is proving that it can survive -- and even thrive -- despite the wave of bankruptcies sweeping through the retail sector.

  • Why Pennsylvania R.E.I.T. Jumped 16% Today
    Motley Fool15 days ago

    Why Pennsylvania R.E.I.T. Jumped 16% Today

    The high-yield dividend stock is in the midst of a major turnaround.

  • Pennsylvania Real Estate (PEI) Q1 FFO Top Estimates
    Zacks16 days ago

    Pennsylvania Real Estate (PEI) Q1 FFO Top Estimates

    Pennsylvania Real Estate (PEI) delivered FFO and revenue surprises of 4.00% and -2.50%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Associated Press16 days ago

    Pennsylvania Real Estate: 1Q Earnings Snapshot

    The Philadelphia-based real estate investment trust said it had funds from operations of $20.7 million, or 26 cents per share, in the period. The average estimate of five analysts surveyed by Zacks Investment ...

  • PR Newswire17 days ago

    PREIT Reports First Quarter 2019 Results

    Core Mall Sales Per Square Foot reached record high of $517 Completed $43 million in asset sales and improved liquidity position by over $70 million Core Mall Occupancy increased 100 bps to 94.7% Full ...

  • PR Newswire20 days ago

    PREIT Declares Quarterly Dividend for Common and Preferred Shares

    PHILADELPHIA, April 29, 2019 /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 June 17, 2019 to common shareholders of record on June 3, 2019. 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.

  • This REIT Yields 15.3% -- and Its Turnaround Is Working
    Motley Foollast month

    This REIT Yields 15.3% -- and Its Turnaround Is Working

    Investors are treating PREIT like it's about to be devastated by the retail apocalypse, but its efforts to drive more traffic to its malls are already bearing fruit.

  • PR Newswirelast month

    Fashion District Delivers 'Uniquely Philly' Concept with Four Local Tenants

    PHILADELPHIA, April 16, 2019 /PRNewswire/ -- Fashion District Philadelphia, a joint venture partnership between PREIT and Macerich, today announced four inaugural tenants for Uniquely Philly – a curated collection of local small businesses with authentic Philadelphia offerings. The local businesses will have an opportunity to establish and grow their brands in a highly trafficked shopping destination in the heart of Philadelphia.

  • Fashion District Philadelphia signs four 'Uniquely Philly' tenants
    American City Business Journalslast month

    Fashion District Philadelphia signs four 'Uniquely Philly' tenants

    Pennsylvania Real Estate Investment Trust has signed four local tenants to a special space it calls "Uniquely Philly" at Fashion District Philadelphia, which is scheduled to open this Septemeber.  The 4,647-square-foot space will house a collection of local retailers and other businesses that make products germane to Philadelphia and will have a bigger platform at Fashion District Philadelphia to showcase and sell their items. The Philadelphia organization was formed three decades ago by the Wharton Small Business Development Center and gives minority entrepreneurs access to capital, business education and economic development opportunities.

  • Thasos 2019 Retail REIT Performance Update Finds Westfield and Urstadt Biddle Atop Industry Performance Rankings
    PR Newswirelast month

    Thasos 2019 Retail REIT Performance Update Finds Westfield and Urstadt Biddle Atop Industry Performance Rankings

    Issued Just Weeks Ahead of 1Q Earnings Reports for U.S. Shopping Mall REITs, In-Depth Report Shows Volatile Activity Since 'Retail Apocalypse' New Performance Update Uses Unique 'Thasos Trade Area' Tool ...

  • PREIT Adds Yard House at Willow Grove Park, Enhances Portfolio
    Zackslast month

    PREIT Adds Yard House at Willow Grove Park, Enhances Portfolio

    PREIT (PEI) adds Yard House at Willow Grove Park to its fold of dining offerings as part of the company's latest endeavor to counter retail market blues and strengthen portfolio.

  • PREIT Elevates Experiential Tenant Lineup at Willow Grove Park with the Addition of Yard House
    PR Newswirelast month

    PREIT Elevates Experiential Tenant Lineup at Willow Grove Park with the Addition of Yard House

    PHILADELPHIA, April 11, 2019 /PRNewswire/ -- PREIT (PEI) today announced the addition of Yard House at Willow Grove Park, enhancing the mall's tenant roster with a sought after dining experience. Slated to open this winter, Yard House will join Studio Movie Grill as Willow Grove Park aims to "win the weekend" with consumers who can enjoy a high quality shopping and social experience in one place.  PREIT's  most productive property on a sales per square foot basis, exceeding $700, Willow Grove Park already boasts a impressive lineup of tenants including Bloomingdales, Apple, Michael Kors, Sephora, Vans, The Cheesecake Factory and Primark, among others.

  • PR Newswirelast month

    PREIT Schedules First Quarter 2019 Earnings Release and Conference Call

    PHILADELPHIA, April 10, 2019 /PRNewswire/ -- Pennsylvania Real Estate Investment Trust (PREIT/NYSE: PEI) intends to release its financial results for the quarter ending March 31, 2019 after market trading closes on Thursday May 2, 2019. Management has scheduled a conference call for 11:00 a.m. Eastern Time on Friday, May 3, 2019, to review the Company's results and future outlook. To listen to the call, please dial 1-844-885-9139 (domestic toll free), or 1-647-689-4441 (international), and request to join the PREIT call, Conference ID 4279998, at least five minutes before the scheduled start time. Investors can also access the call in a "listen only" mode via the internet at the Company's website, preit.com. Please allow extra time prior to the call to visit the site and download the necessary software to listen to the Internet broadcast. Financial and statistical information expected to be discussed on the call will also be available on the Company's website.

  • PREIT's Redevelopment Efforts at Woodland Mall Get a Boost
    Zacks2 months ago

    PREIT's Redevelopment Efforts at Woodland Mall Get a Boost

    In its latest endeavor to sail through the retail market blues and boost its redevelopment efforts at Woodland Mall, PREIT (PEI) adds The Cheesecake Factory to its fold as a vital dining anchor.

  • Introducing Pennsylvania Real Estate Investment Trust (NYSE:PEI), The Stock That Tanked 71%
    Simply Wall St.2 months ago

    Introducing Pennsylvania Real Estate Investment Trust (NYSE:PEI), The Stock That Tanked 71%

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Investing in stocks inevitably means buying into some companies thatRead More...

  • PREIT Solidifies Woodland Mall Redevelopment with Addition of The Cheesecake Factory as Dining Anchor
    PR Newswire2 months ago

    PREIT Solidifies Woodland Mall Redevelopment with Addition of The Cheesecake Factory as Dining Anchor

    PHILADELPHIA, March 21, 2019 /PRNewswire/ -- PREIT (PEI) announced a series of milestones with scheduled openings at Woodland Mall, further establishing its presence as the premiere retail, dining and entertainment destination in Grand Rapids, the second largest city in Michigan. The project will feature an exclusive line up of high-impact tenants, strengthening this market-dominant asset.  As the second largest redevelopment underway in PREIT's portfolio, Woodland Mall is expected to deliver nearly 20% NOI growth in 2020.

  • Realty Income (O) Raises Monthly Dividend for 101st Time
    Zacks2 months ago

    Realty Income (O) Raises Monthly Dividend for 101st Time

    Realty Income's (O) April dividend payment marks the company's 585 successive monthly dividend payments through its 50-year operating history.

  • This 14.6%-Yield REIT Stock Has Tons of Upside
    Motley Fool2 months ago

    This 14.6%-Yield REIT Stock Has Tons of Upside

    Investors have driven Pennsylvania Real Estate Investment Trust's dividend yield to an incredibly high level out of fear that FFO will continue declining. Here's what Mr. Market is missing.

  • Is it Wise to Keep Realty Income (O) Stock in Your Portfolio?
    Zacks2 months ago

    Is it Wise to Keep Realty Income (O) Stock in Your Portfolio?

    Realty Income (O) is poised to benefit from solid investments and focus on service, non-discretionary and low-price retail business tenants. However, choppy retail real estate market remains a drag.