Pennsylvania Real Estate Investment Trust Overview
- Year Founded
-
1960
- Status
-
Public
- Employees
-
155
- Investments
-
3
- Share Price
-
$0.51
- (As of Thursday Closing)
Pennsylvania Real Estate Investment Trust General Information
Description
Pennsylvania Real Estate Investment Trust is a self-managed and self-administered REIT in the United States. It is engaged in the ownership, management, leasing, acquisition, redevelopment, development, and disposition of retail shopping malls including regional department stores and large format retailers. Its properties involve mall portfolio, redevelopment, specialty leasing, partnerships, and marketing. It derives the substantial majority of revenue from rent leases of retail properties in the real estate portfolio.
Contact Information
Website
www.preit.comCorporate Office
- 2005 Market Street
- Suite 1000
- Philadelphia, PA 19103
- United States
Corporate Office
- 2005 Market Street
- Suite 1000
- Philadelphia, PA 19103
- United States
Pennsylvania Real Estate Investment Trust Stock Performance
(As of Thursday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $0.51 | $0.51 | $0.28 - $1.53 | $2.68M | 5.34M | 6.12K | -$39.29 |
Pennsylvania Real Estate Investment Trust Financials Summary
|
In Thousands, USD |
TTM 30-Sep-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 | FY 2020 31-Dec-2020 |
|---|---|---|---|---|
| EV | 1,714,682 | 1,734,200 | 1,901,530 | 1,869,086 |
| Revenue | 283,344 | 296,028 | 296,430 | 261,823 |
| EBITDA | 102,232 | 107,990 | 112,128 | (51,484) |
| Net Income | (181,786) | (148,318) | (132,737) | (259,517) |
| Total Assets | 1,717,955 | 1,803,129 | 2,051,736 | 2,177,186 |
| Total Debt | 1,788,098 | 1,748,780 | 1,864,969 | 1,847,806 |
Pennsylvania Real Estate Investment Trust Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Pennsylvania Real Estate Investment Trust Comparisons
Industry
Financing
Details
00000
000000
Pennsylvania Real Estate Investment Trust Competitors (38)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Agree Realty Corporation | Corporation | Bloomfield Hills, MI | 00 | 00.00 | 000000000 00 | 00.00 |
| National Retail Properties | Corporation | Orlando, FL | 00 | 00.000 | 000000000 00 | 00.000 |
| Brixmor Property Group | Formerly PE-Backed | New York, NY | 000 | 00.000 | 000000000 00 | 00.000 |
| First Industrial | Corporation | Chicago, IL | 000 | 000000000 - | ||
| Equity Commonwealth | Formerly PE-Backed | Chicago, IL | 00 | 00000 | 000000 - 000 |
Pennsylvania Real Estate Investment Trust Executive Team (17)
| Name | Title | Board Seat |
|---|---|---|
| Joseph Coradino | Chief Executive Officer & Chairman | |
| Jared Chupaila | Chief Executive Officer & Board Member | |
| Mario Ventresca Jr. | Chief Financial Officer, Finance & Executive Vice President | |
| Sathana Semonsky | Chief Accounting Officer, Accounting & Controller, Finance | |
| Joshua Schrier | Executive Vice President & Chief Investment Officer |
Pennsylvania Real Estate Investment Trust Board Members (3)
| Name | Representing | Role | Since |
|---|---|---|---|
| 00000 00000000 | Pennsylvania Real Estate Investment Trust | Chief Executive Officer & Board Member | 000 0000 |
| 000000 00000000 | Pennsylvania Real Estate Investment Trust | Chief Executive Officer & Chairman | 000 0000 |
Pennsylvania Real Estate Investment Trust Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Pennsylvania Real Estate Investment Trust Investments & Acquisitions (3)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Springfield Town Center | 01-Apr-2015 | 000000000 | 00000 | Buildings and Property | 000000 00 |
| Fashion District Philadelphia | 29-Jul-2014 | 00000 0000 | Construction and Engineering | 000000 00 | |
| Crown American Associates | 12-Nov-2003 | Merger/Acquisition | 00.00 | Buildings and Property | 000000 00 |
Pennsylvania Real Estate Investment Trust Subsidiaries (5)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Portfolio Marketing Group | Consulting Services (B2B) | Philadelphia, PA | 2012 |
| PR Wyoming Valley Limited Partnership | Real Estate Investment Trusts (REITs) | Wilkes Barre, PA | 0000 |
| PR Washington Crown Limited Partnership | Real Estate Investment Trusts (REITs) | Washington, PA | 0000 |
| PR Crossroads I | Real Estate Investment Trusts (REITs) | Philadelphia, PA | 0000 |
| Crown American Associates | Buildings and Property | Johnstown, PA | 0000 |
Pennsylvania Real Estate Investment Trust ESG
Risk Overview
Risk Rating
Updated April, 27, 2021
23.7 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
00.00
Management
Management is related to actions taken to manage ESG issues
00.00
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
00 of 14,189
Rank
Percentile
Real Estate
Industry
00 of 1,037
Rank
Percentile
REITs
Subindustry
00 of 436
Rank
Percentile
Pennsylvania Real Estate Investment Trust FAQs
-
When was Pennsylvania Real Estate Investment Trust founded?
Pennsylvania Real Estate Investment Trust was founded in 1960.
-
Who is the CEO of Pennsylvania Real Estate Investment Trust?
Joseph Coradino and Jared Chupaila are the CEOs of Pennsylvania Real Estate Investment Trust.
-
Where is Pennsylvania Real Estate Investment Trust headquartered?
Pennsylvania Real Estate Investment Trust is headquartered in Philadelphia, PA.
-
What is the size of Pennsylvania Real Estate Investment Trust?
Pennsylvania Real Estate Investment Trust has 155 total employees.
-
What industry is Pennsylvania Real Estate Investment Trust in?
Pennsylvania Real Estate Investment Trust’s primary industry is Real Estate Investment Trusts (REITs).
-
Is Pennsylvania Real Estate Investment Trust a private or public company?
Pennsylvania Real Estate Investment Trust is a Public company.
-
What is the current stock price of Pennsylvania Real Estate Investment Trust?
As of 08-Feb-2024 the stock price of Pennsylvania Real Estate Investment Trust is $0.51.
-
What is the current market cap of Pennsylvania Real Estate Investment Trust?
The current market capitalization of Pennsylvania Real Estate Investment Trust is $2.68M.
-
What is Pennsylvania Real Estate Investment Trust’s current revenue?
The trailing twelve month revenue for Pennsylvania Real Estate Investment Trust is $283M.
-
Who are Pennsylvania Real Estate Investment Trust’s competitors?
Agree Realty Corporation, National Retail Properties, Brixmor Property Group, First Industrial, and Equity Commonwealth are some of the 38 competitors of Pennsylvania Real Estate Investment Trust.
-
What is Pennsylvania Real Estate Investment Trust’s annual earnings per share (EPS)?
Pennsylvania Real Estate Investment Trust’s EPS for 12 months was -$39.29.
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