Phillips Edison & Company, Inc. (NASDAQ:PECO - Get Free Report) issued an update on its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 0.950-0.970 for the period, compared to the consensus estimate of 2.770. The company issued revenue guidance of -.
Phillips Edison & Company, Inc. Price Performance
Shares of NASDAQ:PECO opened at $37.49 on Friday. The company's 50-day moving average price is $39.47 and its two-hundred day moving average price is $39.86. Phillips Edison & Company, Inc. has a one year low of $32.98 and a one year high of $44.38. The stock has a market capitalization of $4.82 billion, a PE ratio of 32.60, a price-to-earnings-growth ratio of 1.96 and a beta of 0.52.
Phillips Edison & Company, Inc. (NASDAQ:PECO - Get Free Report) last released its earnings results on Thursday, July 23rd. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.35). The firm had revenue of $189.62 million during the quarter, compared to the consensus estimate of $187.46 million. Phillips Edison & Company, Inc. had a net margin of 19.14% and a return on equity of 5.52%. Phillips Edison & Company, Inc.'s quarterly revenue was up 6.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.64 earnings per share. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.950-0.970 EPS. On average, analysts anticipate that Phillips Edison & Company, Inc. will post 2.77 earnings per share 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 issued a $0.1150 dividend. This represents a $1.38 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Monday, November 16th. Phillips Edison & Company, Inc.'s payout ratio is currently 120.00%.
Analyst Upgrades and Downgrades
PECO has been the subject of a number of research reports. Barclays cut their target price on shares of Phillips Edison & Company, Inc. from $46.00 to $43.00 and set an "equal weight" rating for the company in a research note on Monday. UBS Group set a $39.00 target price on Phillips Edison & Company, Inc. in a research report on Thursday, September 24th. Mizuho dropped their price target on Phillips Edison & Company, Inc. from $43.00 to $39.00 and set an "outperform" rating for the company in a report on Thursday, September 24th. JPMorgan Chase & Co. boosted their price target on Phillips Edison & Company, Inc. from $41.00 to $46.00 and gave the company a "neutral" rating in a research note on Tuesday, August 4th. Finally, Griffin Securities set a $44.00 price objective on Phillips Edison & Company, Inc. in a research report on Monday, September 21st. Four investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $43.11.
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Phillips Edison & Company, Inc. Company Profile
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Phillips Edison & Company, Inc is a real estate investment trust (REIT) that owns, operates and develops grocery-anchored shopping centers in the United States. Its properties are designed to serve everyday consumer needs and typically include grocery stores alongside restaurants, service businesses, retailers and other neighborhood-oriented tenants.
The company focuses on acquiring and managing shopping centers located in communities with favorable demographic and economic characteristics.
Further Reading
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