Press coverage about Pennsylvania Real Estate Investment Trust (NYSE:PEI) has trended positive recently, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pennsylvania Real Estate Investment Trust earned a daily sentiment score of 0.33 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 46.4551805547921 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

PEI has been the subject of a number of analyst reports. Citigroup decreased their price objective on Pennsylvania Real Estate Investment Trust from $12.50 to $12.00 and set a “neutral” rating for the company in a research note on Friday, November 10th. Boenning Scattergood restated a “hold” rating on shares of Pennsylvania Real Estate Investment Trust in a research note on Friday, November 3rd. Stifel Nicolaus set a $11.00 price objective on Pennsylvania Real Estate Investment Trust and gave the stock a “hold” rating in a research note on Sunday, September 10th. ValuEngine upgraded Pennsylvania Real Estate Investment Trust from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, Mitsubishi UFJ Financial Group cut Pennsylvania Real Estate Investment Trust from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $16.00 to $12.00 in a research note on Thursday, August 24th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $13.83.

Shares of Pennsylvania Real Estate Investment Trust (NYSE PEI) opened at $10.59 on Friday. The company has a debt-to-equity ratio of 1.79, a quick ratio of 1.91 and a current ratio of 1.91. The firm has a market capitalization of $720.76, a price-to-earnings ratio of 5.96 and a beta of 1.35. Pennsylvania Real Estate Investment Trust has a 12 month low of $9.32 and a 12 month high of $20.21.

Pennsylvania Real Estate Investment Trust (NYSE:PEI) last issued its quarterly earnings data on Wednesday, November 1st. The real estate investment trust reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.01. Pennsylvania Real Estate Investment Trust had a negative return on equity of 7.60% and a negative net margin of 16.35%. The firm had revenue of $89.20 million during the quarter, compared to analysts’ expectations of $98.85 million. During the same period in the prior year, the business posted $0.48 EPS. The firm’s quarterly revenue was down 9.8% on a year-over-year basis. analysts anticipate that Pennsylvania Real Estate Investment Trust will post 1.65 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 7.93%. The ex-dividend date of this dividend is Thursday, November 30th. Pennsylvania Real Estate Investment Trust’s dividend payout ratio (DPR) is presently -67.74%.

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Pennsylvania Real Estate Investment Trust Company Profile

Pennsylvania Real Estate Investment Trust (PREIT) is a self-managed and self-administered real estate investment trust (REIT). The Company’s primary business is owning and operating retail shopping malls, which it does primarily through operating partnership, PREIT Associates, L.P. (PREIT Associates).

Insider Buying and Selling by Quarter for Pennsylvania Real Estate Investment Trust (NYSE:PEI)

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