| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
PEI Overview
PREIT (NYSE:PEI) is a publicly traded real estate investment trust that owns and manages quality properties in compelling markets.
Pennsylvania Real Estate Investment Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1.97 |
| 52 Week High | US$0.35 |
| 52 Week Low | US$3.47 |
| Beta | 2.63 |
| 1 Month Change | 1.55% |
| 3 Month Change | -20.88% |
| 1 Year Change | 271.70% |
| 3 Year Change | -79.18% |
| 5 Year Change | -91.45% |
| Change since IPO | -92.80% |
Recent News & Updates
Shareholder Returns
| PEI | US REITs | US Market | |
|---|---|---|---|
| 7D | -0.5% | -0.9% | 0.1% |
| 1Y | 271.7% | 34.7% | 35.3% |
Return vs Industry: PEI exceeded the US REITs industry which returned 34.7% over the past year.
Return vs Market: PEI exceeded the US Market which returned 35.3% over the past year.
Price Volatility
| PEI volatility | |
|---|---|
| PEI Beta | 2.63 |
| Industry Beta | 0.83 |
| Market Beta | 1 |
Stable Share Price: PEI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: PEI's weekly volatility has decreased from 17% to 7% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1960 | 175 | Joe Coradino | https://www.preit.com |
PREIT (NYSE:PEI) is a publicly traded real estate investment trust that owns and manages quality properties in compelling markets. PREIT's robust portfolio of carefully curated retail and lifestyle offerings mixed with destination dining and entertainment experiences are located primarily in the densely-populated eastern U.S. with concentrations in the mid-Atlantic's top MSAs. Since 2012, the Company has driven a transformation guided by an emphasis on portfolio quality and balance sheet strength driven by disciplined capital expenditures.
Pennsylvania Real Estate Investment Trust Fundamentals Summary
| PEI fundamental statistics | |
|---|---|
| Market Cap | US$160.03m |
| Earnings (TTM) | -US$318.83m |
| Revenue (TTM) | US$263.84m |
0.6x
P/S Ratio-0.5x
P/E RatioIs PEI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PEI income statement (TTM) | |
|---|---|
| Revenue | US$263.84m |
| Cost of Revenue | US$129.09m |
| Gross Profit | US$134.75m |
| Expenses | US$453.58m |
| Earnings | -US$318.83m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -3.92 |
| Gross Margin | 51.07% |
| Net Profit Margin | -120.84% |
| Debt/Equity Ratio | 2,892.8% |
How did PEI perform over the long term?
See historical performance and comparisonValuation
Is Pennsylvania Real Estate Investment Trust undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PEI ($1.97) is trading below our estimate of fair value ($5.44)
Significantly Below Fair Value: PEI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PEI is unprofitable, so we can't compare its PE Ratio to the US REITs industry average.
PE vs Market: PEI is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PEI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PEI is overvalued based on its PB Ratio (2.3x) compared to the US REITs industry average (2x).
Future Growth
How is Pennsylvania Real Estate Investment Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
12.1%
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Pennsylvania Real Estate Investment Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Pennsylvania Real Estate Investment Trust performed over the past 5 years?
-35.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PEI is currently unprofitable.
Growing Profit Margin: PEI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PEI is unprofitable, and losses have increased over the past 5 years at a rate of 35.6% per year.
Accelerating Growth: Unable to compare PEI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PEI is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (3.9%).
Return on Equity
High ROE: PEI has a negative Return on Equity (-462.64%), as it is currently unprofitable.
Financial Health
How is Pennsylvania Real Estate Investment Trust's financial position?
Financial Position Analysis
Short Term Liabilities: PEI's short term assets ($89.4M) do not cover its short term liabilities ($119.9M).
Long Term Liabilities: PEI's short term assets ($89.4M) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: PEI's debt to equity ratio (2892.8%) is considered high.
Reducing Debt: PEI's debt to equity ratio has increased from 230.4% to 2892.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PEI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PEI is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 17.7% per year.
Dividend
What is Pennsylvania Real Estate Investment Trust current dividend yield, its reliability and sustainability?
1.02%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PEI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PEI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PEI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PEI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: PEI is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PEI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.7yrs
Average management tenure
CEO
Joe Coradino (69 yo)
9.25yrs
Tenure
US$4,346,859
Compensation
Mr. Joseph F. Coradino, also known as Joe, has been the Chief Executive Officer at Pennsylvania Real Estate Investment Trust since June 7, 2012 and has been Chairman of the Board since February 2017 and Tr...
CEO Compensation Analysis
Compensation vs Market: Joe's total compensation ($USD4.35M) is above average for companies of similar size in the US market ($USD1.08M).
Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: PEI's management team is seasoned and experienced (7.7 years average tenure).
Board Members
Experienced Board: PEI's board of directors are considered experienced (4.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PEI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Pennsylvania Real Estate Investment Trust's employee growth, exchange listings and data sources
Key Information
- Name: Pennsylvania Real Estate Investment Trust
- Ticker: PEI
- Exchange: NYSE
- Founded: 1960
- Industry: Retail REITs
- Sector: Real Estate
- Implied Market Cap: US$160.035m
- Market Cap: US$158.004m
- Shares outstanding: 81.24m
- Website: https://www.preit.com
Number of Employees
Location
- Pennsylvania Real Estate Investment Trust
- One Commerce Square
- 2005 Market Street
- Philadelphia
- Pennsylvania
- 19103
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/26 22:16 |
| End of Day Share Price | 2021/09/24 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.