Pennsylvania Real Estate Investment Trust (PEI) Files 10-K for the Fiscal Year Ended on December 31, 2018

Pennsylvania Real Estate Investment Trust (PEI, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. 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. Pennsylvania Real Estate Investment Trust has a market cap of $461.040 million; its shares were traded at around $6.54 with and P/S ratio of 1.28. The dividend yield of Pennsylvania Real Estate Investment Trust stocks is 12.84%.

For the last quarter Pennsylvania Real Estate Investment Trust reported a revenue of $95.3 million, compared with the revenue of $99.77 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $358.2 million, a decrease of 2.5% from the previous year. For the last five years Pennsylvania Real Estate Investment Trust had an average revenue decline of 4.4% a year.

The reported loss per diluted share was $1.98 for the year, compared with the loss per share of $1.93 in the previous year. The Pennsylvania Real Estate Investment Trust had a decent operating margin of 13.56%, compared with the operating margin of 16.42% a year before. The 10-year historical median operating margin of Pennsylvania Real Estate Investment Trust is 17.44%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Pennsylvania Real Estate Investment Trust has the cash and cash equivalents of $18.1 million, compared with $15.3 million in the previous year. The long term debt was $1.7 billion, compared with $1.7 billion in the previous year. The company's operating income of cannot cover its interest payment during the last fiscal year. Pennsylvania Real Estate Investment Trust has a financial strength rank of 4 (out of 10).

At the current stock price of $6.54, Pennsylvania Real Estate Investment Trust is traded at 38% discount to its historical median P/S valuation band of $10.54. The P/S ratio of the stock is 1.28, while the historical median P/S ratio is 2.01. The stock lost 28.14% during the past 12 months.

For the complete 20-year historical financial data of PEI, click here.