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Last $6.25 USD
Change Today +0.07 / 1.13%
Volume 34.0K
PW On Other Exchanges
Symbol
Exchange
NYSE Amex
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

power reit (PW) Snapshot

Open
$6.15
Previous Close
$6.18
Day High
$6.75
Day Low
$5.97
52 Week High
09/26/14 - $11.25
52 Week Low
04/22/15 - $5.12
Market Cap
10.3M
Average Volume 10 Days
29.9K
EPS TTM
$0.45
Shares Outstanding
1.6M
EX-Date
09/20/13
P/E TM
14.0x
Dividend
--
Dividend Yield
--
Current Stock Chart for POWER REIT (PW)

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power reit (PW) Details

Power REIT is an independent equity infrastructure real estate investment trust. It invests in the real estate markets of the United States. The firm develops, manages, and invests in embedded real-estate in transportation and energy infrastructure. Power REIT was formed in 1916 and is based in Old Bethpage, New York.

1 Employees
Last Reported Date: 03/31/15
Founded in 1916

power reit (PW) Top Compensated Officers

Chairman, Chief Executive Officer, Secretary ...
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

power reit (PW) Key Developments

Power REIT Declares Quarterly Dividend on 7.75% Series A Cumulative Redeemable Perpetual Preferred Stock, Payable on June 15, 2015

On April 24, 2015, the Power REIT declared a quarterly dividend of $0.48375 per share on Power REIT’s 7.75% Series A Cumulative Redeemable Perpetual Preferred Stock payable on June 15, 2015 to shareholders of record on May 15, 2015.

Power REIT Provides PWV Litigation Update

On April 22, 2015, the court denied P&WV’s motion for summary judgment and granted the Litigants’ summary judgment motion thereby dismissing all of P&WV’s claims. In addition, the court scheduled a status conference for April 29, 2015 to discuss the remaining issues in the case. The company is reviewing its legal options and evaluating the prospects of an appeal. Power REIT and its wholly-owned subsidiary P&WV are in litigation with NSC and NSC’s sub-lessee, Wheeling & Lake Erie Railroad (WLE and, together with NSC, the Litigants) concerning matters arising under the Railroad Lease between P&WV and NSC. The case is pending in Federal district court in Pittsburgh, Pennsylvania. The Litigants initiated the lawsuit against the Trust and P&WV in December 2011, seeking, among other things, a declaratory judgment that NSC was not in default under the Railroad Lease. The fact and expert discovery phases of the litigation have been completed. On September 8, 2014, P&WV filed a motion for summary judgment and on October 22, 2014, the Litigants filed an opposition to such motion and on November 5, 2014, P&WV filed a reply to NSC and WLE’s opposition to such motion. On September 8, 2014, the Litigants filed a motion for summary judgment and on October 22, 2014, P&WV filed an opposition to such motion and on November 5, 2014, the Litigants filed a reply to P&WV’s opposition to such motion. On December 16, 2014, the court held oral argument on both of the pending motions for summary judgment.

Power REIT Declares Quarterly Dividend on 7.75% Series A Cumulative Redeemable Perpetual Preferred Stock, Payable on March 15, 2015

On January 27, 2015, Power REIT declared a quarterly dividend of $0.48375 per share on Power REIT's 7.75% Series A Cumulative Redeemable Perpetual Preferred Stock payable on March 15, 2015 to shareholders of record on February 18, 2015.

 

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PW

Industry Average

Valuation PW Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 6.2x
Price/Book 1.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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