Pennsylvania Real Estate Investment Trust (PRET)
Pennsylvania Real Estate Investment Trust operates in the REIT - Retail industry of the Real Estate sector, headquartered in Philadelphia, PA, US. The stock last traded at $0.50, up 3.41% on the session, giving a market capitalisation of $2.7M. On trailing twelve-month figures it carries a trailing P/E of -0.02, a net margin of -195.7%. Its beta of 2.82 implies it has historically moved more than the broad market.
PREIT, listed on the New York Stock Exchange as PEI, is a publicly traded real estate investment trust. Its core business involves owning and managing premium properties situated in highly attractive markets. The company maintains an expansive and meticulously curated portfolio, which encompasses a variety of retail and lifestyle destinations alongside prominent dining and entertainment options. These assets are primarily located across the heavily populated Eastern U.S., with a concentrated presence in the Mid-Atlantic's leading metropolitan areas. Since 2012, PREIT has undertaken a substantial strategic initiative to enhance its portfolio's quality and fortify its financial position, accomplished through careful and disciplined capital investments.
Pennsylvania Real Estate Investment Trust is most often compared with the following Real Estate names: