Media coverage about Pennsylvania Real Estate Investment Trust (NYSE:PEI) has been trending positive on Tuesday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Pennsylvania Real Estate Investment Trust earned a coverage optimism score of 0.33 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 46.4214311438294 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

A number of analysts recently commented on PEI shares. Citigroup Inc. decreased their target price on Pennsylvania Real Estate Investment Trust from $12.50 to $12.00 and set a “neutral” rating for the company in a research report on Friday, November 10th. Boenning Scattergood reaffirmed a “hold” rating on shares of Pennsylvania Real Estate Investment Trust in a research report on Friday, November 3rd. Stifel Nicolaus set a $11.00 target price on Pennsylvania Real Estate Investment Trust and gave the company a “hold” rating in a research report on Sunday, September 10th. ValuEngine raised Pennsylvania Real Estate Investment Trust from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Finally, BidaskClub raised Pennsylvania Real Estate Investment Trust from a “sell” rating to a “hold” rating in a report on Monday, July 31st. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company. Pennsylvania Real Estate Investment Trust presently has a consensus rating of “Hold” and an average price target of $13.83.

Shares of Pennsylvania Real Estate Investment Trust (PEI) opened at $10.91 on Tuesday. Pennsylvania Real Estate Investment Trust has a twelve month low of $9.32 and a twelve month high of $20.21. The company has a market capitalization of $782.98, a P/E ratio of 6.47 and a beta of 1.29. The company has a debt-to-equity ratio of 1.79, a quick ratio of 1.91 and a current ratio of 1.91.

Pennsylvania Real Estate Investment Trust (NYSE:PEI) last announced its earnings results 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 for the quarter, compared to the consensus estimate of $98.85 million. During the same quarter in the previous year, the business earned $0.48 EPS. The company’s revenue was down 9.8% compared to the same quarter last year. sell-side analysts predict that Pennsylvania Real Estate Investment Trust will post 1.65 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be paid a $0.21 dividend. The ex-dividend date is Thursday, November 30th. This represents a $0.84 annualized dividend and a yield of 7.70%. Pennsylvania Real Estate Investment Trust’s payout ratio is -67.74%.

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About Pennsylvania Real Estate Investment Trust

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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