13 May, 2017
Dijkum now forecasts that the real estate investment trust will post earnings per share of $0.36 for the quarter, down from their previous estimate of $0.38.
EPS growth in next year is estimated to reach 100.00% while EPS growth estimate for this year is set at 79.40%. (NYSE:PEI) last announced its earnings results on Tuesday, April 25th.
Now the shares of Pennsylvania Real Estate Investment Trust (PEI) has a trading volume of 5.12 Million shares, with an average trading volume of 2060 shares - with shares dropping to a 52 week low of $11.75, and the company's shares hitting a 52 week high of $ 24.86. The company has market cap of $364.57 million. Abner Herrman Brock Ltd holds 0.08% or 5,795 shares in its portfolio.
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The company reported its EPS on 04/25/2017. Chicago-based equity research firm Zacks Investment Research has assigned this stock ABR (Average Brokerage Recommendation) of 2, indicating analysts in general look favorably on the company's future prospects.
The analysts offering 12 month price targets for Pennsylvania Real Estate Investment Trust have a median target of $18, with a high estimate of $30 and a low estimate of $14. The stock of Pennsylvania R.E.I.T. (NYSE:PEI) has "Outperform" rating given on Wednesday, April 6 by Boenning & Scattergood. One analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. There are now 5 brokerage firms covering Government Properties Income Trust, offering earnings per share estimates as well as future price target projections.
PEI has a 1-year high price of $ 24.86 and 1-year low price of $11.75. (NYSE:PEI) opened at 11.85 on Friday. However the price at the close of last session was -19.54% lower than its 50-day moving average and -37.61% under its 200-day moving average. TheStreet downgraded Pennsylvania R.E.I.T. from a "c-" rating to a "d+" rating in a research note on Friday, March 24th.
A number of hedge funds have recently made changes to their positions in the stock.
Advantus Capital Management Inc increased Salesforce.Com Inc (NYSE:CRM) stake by 24,081 shares to 88,363 valued at $6.05 million in 2016Q4.
Currently, the market capitalization of Pennsylvania Real Estate Investment Trust (PEI) is 924.94 Million.
The share price of the company (NYSE:IRET) was down -1.52%, with a high of 5.92 during the day and the volume of Investors Real Estate Trust shares traded was 284364. The company has Beta Value of 1.33 and ATR value of 0.47.
Analysts' mean recommendation for Pennsylvania Real Estate Investment Trust (PEI) stands at 2.80. Finally, Convergence Investment Partners LLC acquired a new stake in shares of istar during the third quarter worth about $295,000. The ex-dividend date is Thursday, May 4th. Fifth Third Bank invested in 0% or 1,336 shares.
