PREIT is a publicly traded real estate investment trust that owns and manages distinctive real estate in high barrier-to-entry markets at the forefront of enabling communities through the built environment. PREIT's robust portfolio of carefully curated retail and lifestyle offerings mixed with destination dining and entertainment experiences are located primarily in densely-populated, high barrier-to-entry markets with tremendous opportunity to create vibrant multi-use destinations.

Company profile
Ticker
PEI, PEI-PB, PEI-PC, PEI-PD
Exchange
Website
CEO
Joseph Coradino
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
801 Developers, LP • Bala Cynwyd Associates, LP • Plymouth Ground Associates, LP • PR 8-10 Market LP • PR 907 MARKET MEZZ LP • PR AEKI Plymouth, LP • PR BOS LP • PR Capital City Limited Partnership • PR CC Limited Partnership • PR Exton Limited Partnership ...
IRS number
236216339
PEI stock data
News
Pennsylvania REIT Q2 EPS $1.71 Up From $0.48 YoY, Sales $73.13M Down From $74.12M YoY
9 Aug 22
Earnings Scheduled For August 9, 2022
9 Aug 22
Short Interest Sector Focus: Real Estate Sector
2 Aug 22
5 Short Squeeze Stocks That May Soar: ToughBuilt, Blue Hat And This Streaming Company
25 Jul 22
5 Short Squeeze Candidates To Watch This Week: Singing Machine Company, Revlon And More
11 Jul 22
Press releases
Cherry Hill Mall Continues to Attract New-to-Market Trailblazing Tenants
18 Aug 22
PREIT Reports Second Quarter 2022 Results
9 Aug 22
PREIT Board of Trustees Welcomes Two New Independent Trustees as Representatives for Preferred Shareholders
2 Aug 22
PREIT Opens Q&A Platform for Shareholders Ahead of Second Quarter 2022 Earnings Call
2 Aug 22
PREIT Schedules Second Quarter 2022 Earnings Release and Conference Call
21 Jul 22
Calendar
9 Aug 22
19 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 36.81M | 36.81M | 36.81M | 36.81M | 36.81M | 36.81M |
Cash burn (monthly) | 8.1M | 815.58K | (no burn) | 1.79M | (no burn) | (no burn) |
Cash used (since last report) | 13.6M | 1.37M | n/a | 3M | n/a | n/a |
Cash remaining | 23.21M | 35.44M | n/a | 33.81M | n/a | n/a |
Runway (months of cash) | 2.9 | 43.5 | n/a | 18.9 | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
3 Aug 22 | Kenneth B. Hart | Restricted Share Units Shares of Beneficial Interest | Grant | Acquire A | No | No | 0 | 25,300 | 0 | 25,300 |
3 Aug 22 | Christopher Swann | Restricted Share Units Shares of Beneficial Interest | Grant | Acquire A | No | No | 0 | 25,300 | 0 | 25,300 |
3 Jun 22 | Alburger George J JR | Restricted Share Units Shares of Beneficial Interest | Grant | Acquire A | No | No | 0 | 261,477 | 0 | 261,477 |
Institutional ownership, Q2 2022
13F holders | Current |
---|---|
Total holders | 43 |
Opened positions | 5 |
Closed positions | 32 |
Increased positions | 0 |
Reduced positions | 34 |
13F shares | Current |
---|---|
Total value | 44.98M |
Total shares | 13.98M |
Total puts | 36.3K |
Total calls | 40.6K |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
He Zhengxu | 6.72M | $35.83M |
Saunders Family Trust dated 11/7/08 | 6.6M | $6.93M |
Vanguard | 150.74K | $505K |
Cygnus Capital | 147.8K | $532K |
Lido Advisors | 145.72K | $488K |
MS Morgan Stanley | 39.16K | $132K |
Geode Capital Management | 33.13K | $110K |
IVZ Invesco | 22.11K | $74K |
Brown Advisory | 20.33K | $68K |
Group One Trading | 16.5K | $55K |
Content analysis
?Positive | ||
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Legalese | ||
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Readability |
H.S. senior Avg
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New words:
altogether, automatically, bid, Blackwood, bring, fractional, George, par, pattern, PEI, pressure, pursuing, retrospectively, reverse, split, symbol, vendor
Removed:
assist, assumed, breached, country, derecognized, disease, government, impose, infected, length, nonperformance, people, recommended, relaxation, restricting, settle, vaccination, widespread
Financial reports
Current reports
8-K
PREIT Reports Second Quarter 2022 Results
9 Aug 22
8-K
Results of Operations and Financial Condition
8 Aug 22
8-K
Submission of Matters to a Vote of Security Holders
5 Aug 22
8-K
Other Events
14 Jul 22
8-K
Regulation FD Disclosure
8 Jul 22
8-K
Other Events
8 Jul 22
8-K
Amendments to Articles of Incorporation or Bylaws
22 Jun 22
8-K
Submission of Matters to a Vote of Security Holders
8 Jun 22
8-K
Amendments to Articles of Incorporation or Bylaws
1 Jun 22
8-K
Departure of Directors or Certain Officers
19 May 22
Registration and prospectus
POS AM
Prospectus update (post-effective amendment)
12 Mar 21
POS AM
Prospectus update (post-effective amendment)
12 Mar 21
POS AM
Prospectus update (post-effective amendment)
12 Mar 21
POS AM
Prospectus update (post-effective amendment)
12 Mar 21
POS AM
Prospectus update (post-effective amendment)
12 Mar 21
POS AM
Prospectus update (post-effective amendment)
12 Mar 21
POS AM
Prospectus update (post-effective amendment)
12 Mar 21
POS AM
Prospectus update (post-effective amendment)
12 Mar 21
POS AM
Prospectus update (post-effective amendment)
12 Mar 21
POS AM
Prospectus update (post-effective amendment)
12 Mar 21
Proxies
DEFA14A
Additional proxy soliciting materials
14 Jul 22
DEFA14A
Additional proxy soliciting materials
8 Jul 22
DEFA14A
Additional proxy soliciting materials
5 Jul 22
DEFA14A
Additional proxy soliciting materials
8 Jun 22
DEFA14A
Additional proxy soliciting materials
31 May 22
DEFA14A
Additional proxy soliciting materials
25 May 22
DEFA14A
Additional proxy soliciting materials
22 Apr 22
DEF 14A
Definitive proxy
22 Apr 22
DEFA14A
Additional proxy soliciting materials
28 Mar 22
DEFA14A
Additional proxy soliciting materials
14 May 21
Other
EFFECT
Notice of effectiveness
22 Mar 21
EFFECT
Notice of effectiveness
22 Mar 21
EFFECT
Notice of effectiveness
22 Mar 21
EFFECT
Notice of effectiveness
22 Mar 21
EFFECT
Notice of effectiveness
22 Mar 21
EFFECT
Notice of effectiveness
22 Mar 21
EFFECT
Notice of effectiveness
22 Mar 21
EFFECT
Notice of effectiveness
22 Mar 21
EFFECT
Notice of effectiveness
22 Mar 21
EFFECT
Notice of effectiveness
22 Mar 21
Ownership
4
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST / Christopher Swann ownership change
12 Aug 22
3
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST / Christopher Swann ownership change
12 Aug 22
4
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST / Kenneth B. Hart ownership change
5 Aug 22
3
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST / Kenneth B. Hart ownership change
5 Aug 22
SC 13D/A
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST / Cygnus Capital ownership change
12 Jul 22
SC 13D/A
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST / Cygnus Capital ownership change
27 Jun 22
4
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST / GEORGE J ALBURGER JR ownership change
7 Jun 22
4
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST / CHARLES P PIZZI ownership change
7 Jun 22
4
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST / JoAnne A. Epps ownership change
7 Jun 22
4
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST / Michael J. DeMarco ownership change
7 Jun 22
Transcripts
2022 Q2
Earnings call transcript
9 Aug 22
2022 Q1
Earnings call transcript
5 May 22
2021 Q4
Earnings call transcript
15 Mar 22
2021 Q3
Earnings call transcript
4 Nov 21
2021 Q2
Earnings call transcript
5 Aug 21
2021 Q1
Earnings call transcript
6 May 21
2020 Q4
Earnings call transcript
12 Mar 21
2020 Q2
Earnings call transcript
11 Aug 20
2020 Q1
Earnings call transcript
21 May 20
2019 Q4
Earnings call transcript
26 Feb 20
Reddit threads
Daily Discussion Thread - August 9th, 2022
9 Aug 22
Get ahead of the market for the week beginning July 25th by checking out my watchlist. I’ve summarized a few potential market catalysts that I’m most interested in. Save this graphic to keep for reference. Good luck everyone!
24 Jul 22
Which stocks do YOU believe will do well over the next 20 years?
23 Jul 22
Dividends for future income
30 Jun 22
Here is a Market Recap for today Thursday, June 16, 2022
16 Jun 22
Here is a Market Recap for today Thursday, June 16, 2022
16 Jun 22
Daily Discussion Thread - June 16th, 2022
16 Jun 22
Daily Discussion Thread - June 15th, 2022
15 Jun 22
Daily Discussion Thread - June 14th, 2022
14 Jun 22
Daily Discussion Thread - June 13th, 2022
13 Jun 22