Phillips Edison & Company, Inc. (PECO) - What Are Brokerages Saying About This Stock?

Key Points

• Analyst sentiment is neutral: Ten brokerages give Phillips Edison & Company a consensus “Hold” rating, with six holds and four buys. The average 12-month price target is $43.30 versus the stock’s $37.79 opening price.
• Recent analyst actions were mixed, with Barclays, Wells Fargo and UBS lowering price targets, while JPMorgan raised its target to $46; most maintained neutral or equal-weight ratings.
• Phillips Edison pays a monthly dividend of $0.115 per share, equivalent to $1.38 annually and a 3.7% yield, though its payout ratio is high at 120%. Institutional investors own approximately 80.7% of the company.

Phillips Edison & Company, Inc. (NASDAQ:PECO - Get Free Report) has earned a consensus rating of "Hold" from the ten brokerages that are currently covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $43.30.

A number of research analysts recently issued reports on the company. Barclays decreased their target price on Phillips Edison & Company, Inc. from $46.00 to $43.00 and set an "equal weight" rating for the company in a report on Monday, September 28th. Wells Fargo & Company cut their price target on Phillips Edison & Company, Inc. from $43.00 to $41.00 and set an "equal weight" rating on the stock in a report on Monday, October 5th. JPMorgan Chase & Co. increased their price target on Phillips Edison & Company, Inc. from $41.00 to $46.00 and gave the company a "neutral" rating in a research report on Tuesday, August 4th. UBS Group decreased their price objective on Phillips Edison & Company, Inc. from $46.00 to $42.00 and set a "neutral" rating for the company in a research note on Friday, October 9th. Finally, The Goldman Sachs Group set a $44.00 price objective on Phillips Edison & Company, Inc. in a research report on Wednesday, October 7th.

Institutional Trading of Phillips Edison & Company, Inc.

A number of large investors have recently bought and sold shares of the business. Halbert Hargrove Global Advisors LLC acquired a new position in Phillips Edison & Company, Inc. during the third quarter valued at approximately $75,000. YANKCOM Partnership acquired a new stake in Phillips Edison & Company, Inc. during the 3rd quarter valued at approximately $39,000. Farther Finance Advisors LLC increased its stake in shares of Phillips Edison & Company, Inc. by 221.8% in the third quarter. Farther Finance Advisors LLC now owns 2,652 shares of the company's stock worth $99,000 after buying an additional 1,828 shares during the last quarter. Sequoia Financial Advisors LLC increased its position in shares of Phillips Edison & Company, Inc. by 40.1% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 21,728 shares of the company's stock worth $904,000 after purchasing an additional 6,216 shares during the last quarter. Finally, Integrated Wealth Concepts LLC raised its stake in Phillips Edison & Company, Inc. by 2.6% during the second quarter. Integrated Wealth Concepts LLC now owns 11,205 shares of the company's stock valued at $466,000 after buying an additional 281 shares in the last quarter. Institutional investors and hedge funds own 80.70% of the company's stock.

Phillips Edison & Company, Inc. Price Performance

Shares of Phillips Edison & Company, Inc. stock opened at $37.79 on Tuesday. The stock's 50 day simple moving average is $38.42 and its 200-day simple moving average is $39.89. The stock has a market cap of $4.86 billion, a P/E ratio of 32.86, a P/E/G ratio of 1.94 and a beta of 0.52. Phillips Edison & Company, Inc. has a 1-year low of $33.10 and a 1-year high of $44.38.

Phillips Edison & Company, Inc. (NASDAQ:PECO - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.35). Phillips Edison & Company, Inc. had a net margin of 19.14% and a return on equity of 5.52%. The firm had revenue of $189.62 million for the quarter, compared to analysts' expectations of $187.46 million. During the same period in the previous year, the firm posted $0.64 EPS. The firm's quarterly revenue was up 6.7% compared to the same quarter last year. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.950-0.970 EPS. As a group, research analysts expect that Phillips Edison & Company, Inc. will post 2.77 EPS for the current fiscal year.

Phillips Edison & Company, Inc. Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Monday, November 16th will be paid a $0.1150 dividend. This represents a $1.38 annualized dividend and a yield of 3.7%. The ex-dividend date is Monday, November 16th. Phillips Edison & Company, Inc.'s dividend payout ratio is currently 120.00%.

Phillips Edison & Company, Inc. Company Profile

Phillips Edison & Company, Inc is a real estate investment trust focused on owning, operating and developing grocery-anchored shopping centers in the United States. Its properties are typically located in established communities and are designed to provide consumers with convenient access to essential goods and services.

The company's portfolio includes neighborhood and community shopping centers anchored by grocery stores, alongside complementary tenants such as restaurants, personal care providers, medical offices and other service-oriented businesses.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.