Pennsylvania Real Estate Investment Trust (PRETM)
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 $0.43, up 1.65% on the session, giving a market capitalisation of $2.3M. 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 (NYSE: PEI) is a publicly traded real estate investment trust dedicated to acquiring and managing high-quality properties in desirable locations. Its extensive portfolio encompasses a thoughtfully curated mix of retail and lifestyle offerings, complemented by significant dining and entertainment destinations. These assets are primarily concentrated in the densely populated Eastern U.S., with a particular emphasis on leading metropolitan areas throughout the Mid-Atlantic. Since 2012, the company has pursued a strategic overhaul, focusing intently on elevating its portfolio standards and fortifying its financial position through disciplined capital allocation.
Pennsylvania Real Estate Investment Trust is most often compared with the following Real Estate names: