News headlines about Pennsylvania Real Estate Investment Trust (NYSE:PEI) have been trending positive this week, according to Accern. The research group identifies negative and positive media coverage by analyzing more than twenty 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 coverage optimism score of 0.29 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 46.687372677828 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the headlines that may have impacted Accern’s rankings:

Pennsylvania Real Estate Investment Trust (NYSE:PEI) opened at $11.73 on Friday. The firm has a market cap of $820.03, a price-to-earnings ratio of -9.46 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 $19.52. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.91 and a quick ratio of 1.91.

Pennsylvania Real Estate Investment Trust (NYSE:PEI) last released its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.01. The business had revenue of $89.20 million during the quarter, compared to the consensus estimate of $98.85 million. Pennsylvania Real Estate Investment Trust had a negative net margin of 16.35% and a negative return on equity of 7.60%. The firm’s revenue for the quarter was down 9.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.48 earnings per share. equities analysts forecast that Pennsylvania Real Estate Investment Trust will post 1.64 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, December 1st were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 7.16%. The ex-dividend date of this dividend was Thursday, November 30th. Pennsylvania Real Estate Investment Trust’s dividend payout ratio (DPR) is currently -67.74%.

PEI has been the subject of several research reports. Stifel Nicolaus set a $11.00 price objective on shares of Pennsylvania Real Estate Investment Trust and gave the stock a “hold” rating in a research report on Sunday, September 10th. ValuEngine raised shares of Pennsylvania Real Estate Investment Trust from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Zacks Investment Research downgraded shares of Pennsylvania Real Estate Investment Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, October 18th. Barclays reissued a “sell” rating and set a $10.00 price objective on shares of Pennsylvania Real Estate Investment Trust in a research report on Thursday, October 19th. Finally, Boenning Scattergood reissued a “hold” rating on shares of Pennsylvania Real Estate Investment Trust in a research report on Friday, November 3rd. Two investment analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $13.86.

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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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