Pennsylvania Real Estate Investment Trust (PEI) to Release Quarterly Earnings on Wednesday

Pennsylvania Real Estate Investment Trust (NYSE:PEI) will issue its quarterly earnings data after the market closes on Wednesday, February 14th. Analysts expect the company to announce earnings of $0.04 per share for the quarter.

Shares of Pennsylvania Real Estate Investment Trust (PEI) opened at $10.17 on Wednesday. The stock has a market capitalization of $710.97, a P/E ratio of -8.20 and a beta of 1.23. The company has a current ratio of 1.91, a quick ratio of 1.91 and a debt-to-equity ratio of 1.79. Pennsylvania Real Estate Investment Trust has a 1 year low of $9.32 and a 1 year high of $18.12.

PEI has been the topic of a number of research reports. Boenning Scattergood restated a “hold” rating on shares of Pennsylvania Real Estate Investment Trust in a research report on Friday, November 3rd. ValuEngine cut Pennsylvania Real Estate Investment Trust from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Stifel Nicolaus restated a “hold” rating and set a $11.00 price objective on shares of Pennsylvania Real Estate Investment Trust in a research report on Thursday, October 12th. Barclays restated 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, Zacks Investment Research upgraded Pennsylvania Real Estate Investment Trust from a “sell” rating to a “hold” rating in a research report on Thursday, November 9th. Four analysts have rated the stock with a sell rating and six have issued a hold rating to the company. The company presently has an average rating of “Hold” and an average price target of $12.29.

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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).

Earnings History for Pennsylvania Real Estate Investment Trust (NYSE:PEI)

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