Home Dividends High Dividend Yield Latest Performance: Pennsylvania Real Estate Investment Trust (NYSE: PEI)

Latest Performance: Pennsylvania Real Estate Investment Trust (NYSE: PEI)

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Pennsylvania Real Estate Investment Trust is in the real estate sector and trades as part of the REITs industry. The company CEO is Joseph F. Coradino. 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.

Previous Intraday Trading Performance:

The PEI stock showed a previous change of 1.99% with an open at 10.08 and a close of 10.26. It reached an intraday high of 10.31 and a low of 9.98.

SeekingAlpha:  The Lean, Mean, Income Machine: Volume 3

Liquidity:

The stock has a market cap of $722.8m with 70.5m shares outstanding, of which the float is 67.3m shares. Trading volume reached 709,659 shares compared to its average volume of 940,453 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Pennsylvania Real Estate Investment Trust shares returned -3.21% and in the past 30 trading days it returned -7.32%. Over three months, it changed -0.15%. In one year it has changed -8.64% and within that year its 52-week high was 12.52 and its 52-week low was 8.86. PEI stock is 15.80% above its 52 Week Low.

Our calculations show a 200 day moving average of 10.36 and a 50 day moving average of 11.06. Currently PEI stock is trading -0.92% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.

SeekingAlpha:  The Lean, Mean, Income Machine: Volume 3

Earnings:

The last annual fiscal EPS for the company was reported at -0.89 that ended on 31st of December 2017. Based on 4 analyst estimates, the consensus EPS for the next quarter is 0.34. The TTM EPS is 1.61, which comes to a TTM PE of 6.37.

The following are the last four quarter reported earnings per share:
06-30-2018:  0.39
03-31-2018:  0.29
12-31-2017:  0.51
09-30-2017:  0.42

The dividend per share is currently 0.84, which is a dividend yield of 8.19%. Also, the payout ratio is 52.17%, therefore the dividend is safe according to our calculations. PEI stock has a high dividend yield, but because the company has sufficient earnings to cover future dividends, it may be a good investment opportunity for an income portfolio.

Base on our calculations, the intrinsic value per share is 10.92, which means it is possibly undervalued and has a margin of safety of 6.07%

Indicators to Watch:

Based on the latest filings, there is 4.50% of insider ownership. Short-interest is 15,442,350, which is 21.92% of shares outstanding. The short-interest ratio or days-to-cover ratio is 14.13. This stock has a high level of short interest and may fall in value in the near term.

The current calculated beta is 1.12

SeekingAlpha:  PDC Energy, Inc. 2018 Q2 - Results - Earnings Call Slides

Fundamental Indicators:

Based on last reported financials, the company's return on equity is -7.70%, return on assets is -1.82%, profit margin is -4.84%, price-to-sales is 2.27 and price-to-book is 1.27.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 0  :Past Performance Score
 0  :Financial Strength Score
 0  :Future Growth Score
 0  :Dividend Score
 0  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks. Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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