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 08-Feb-2024, Pennsylvania Real Estate Investment Trust’s stock price is $0.51. Its current market cap is $2.68M with 5.34M shares.
(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
As of 30-Sep-2023, Pennsylvania Real Estate Investment Trust has a trailing 12-month revenue of $283M.
|
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
Pennsylvania Real Estate Investment Trust Competitors (39)
One of Pennsylvania Real Estate Investment Trust’s 39 competitors is Vornado Realty Trust, a Corporation company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Vornado Realty Trust | Corporation | New York, NY | ||||
| Brixmor Property Group | Formerly PE-Backed | New York, NY | ||||
| SL Green Realty | Corporation | New York, NY | ||||
| Wheeler Real Estate Investment Trust | Corporation | Virginia Beach, VA | ||||
| Kimco Realty | Corporate Backed or Acquired | Jericho, NY |
Pennsylvania Real Estate Investment Trust Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Pennsylvania Real Estate Investment Trust Investments & Acquisitions (3)
Pennsylvania Real Estate Investment Trust’s most recent deal was a Corporate Asset Purchase with Springfield Town Center for . The deal was made on 01-Apr-2015.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Springfield Town Center | 01-Apr-2015 | Corporate Asset Purchase | Buildings and Property | ||
| Fashion District Philadelphia | 29-Jul-2014 | Joint Venture | Construction and Engineering | ||
| Crown American Associates | 12-Nov-2003 | Merger/Acquisition | Hotels and Resorts |
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
Management
Management is related to actions taken to manage ESG issues
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
of 14,189
Rank
Percentile
Real Estate
Industry
of 1,037
Rank
Percentile
REITs
Subindustry
of 436
Rank
Percentile
Pennsylvania Real Estate Investment Trust Affiliates
Subsidiaries (3)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Portfolio Marketing Group | Philadelphia, PA | 2012 | |
| PR Crossroads I | Philadelphia, PA | 1998 | |
| Crown American Associates | Johnstown, PA | 1950 |
Pennsylvania Real Estate Investment Trust FAQs
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When was Pennsylvania Real Estate Investment Trust founded?
Pennsylvania Real Estate Investment Trust was founded in 1960.
-
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?
Vornado Realty Trust, Brixmor Property Group, SL Green Realty, Wheeler Real Estate Investment Trust, and Kimco Realty are some of the 39 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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