Phillips Edison & Company, Inc. (NASDAQ:PECO) Updates FY 2026 Earnings Guidance

Key Points

• Phillips Edison & Company updated its FY 2026 guidance, projecting EPS of 0.950 to 0.970, which is far below the consensus estimate of 2.760.
• The company’s most recent quarterly results beat expectations, with $0.33 EPS versus the $0.18 estimate and revenue of $189.62 million topping forecasts.
• Shares were down 1.6% to $42.68, while analysts currently hold a neutral/hold stance overall with a consensus price target of $44.14.

Phillips Edison & Company, Inc. (NASDAQ:PECO - Get Free Report) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.950-0.970 for the period, compared to the consensus estimate of 2.760. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Barclays boosted their price objective on shares of Phillips Edison & Company, Inc. from $42.00 to $45.00 and gave the stock an "equal weight" rating in a report on Tuesday, May 12th. UBS Group lifted their price target on shares of Phillips Edison & Company, Inc. from $43.00 to $46.00 and gave the stock a "neutral" rating in a research note on Thursday, July 9th. Evercore restated an "outperform" rating and issued a $44.00 target price on shares of Phillips Edison & Company, Inc. in a report on Tuesday, July 7th. Weiss Ratings downgraded shares of Phillips Edison & Company, Inc. from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, July 2nd. Finally, LADENBURG THALM/SH SH boosted their target price on shares of Phillips Edison & Company, Inc. from $44.00 to $46.00 and gave the company a "buy" rating in a research note on Tuesday, June 16th. Three analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $44.14.

Phillips Edison & Company, Inc. Trading Down 1.6%

NASDAQ PECO traded down $0.68 during trading hours on Thursday, hitting $42.68. 926,335 shares of the company's stock traded hands, compared to its average volume of 950,642. Phillips Edison & Company, Inc. has a 52 week low of $32.84 and a 52 week high of $44.38. The business's fifty day moving average price is $41.32 and its two-hundred day moving average price is $39.00. The firm has a market capitalization of $5.37 billion, a P/E ratio of 46.39, a P/E/G ratio of 2.32 and a beta of 0.52.

Phillips Edison & Company, Inc. (NASDAQ:PECO - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.15. Phillips Edison & Company, Inc. had a return on equity of 4.46% and a net margin of 15.61%.The business had revenue of $189.62 million during the quarter, compared to analyst estimates of $187.46 million. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.950-0.970 EPS. On average, sell-side analysts expect that Phillips Edison & Company, Inc. will post 2.76 EPS for the current fiscal year.

Phillips Edison & Company, Inc. Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, August 4th. Shareholders of record on Wednesday, July 15th will be paid a dividend of $0.1083 per share. The ex-dividend date is Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 3.0%. Phillips Edison & Company, Inc.'s dividend payout ratio (DPR) is presently 141.30%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Blair William & Co. IL boosted its position in Phillips Edison & Company, Inc. by 2.6% in the 4th quarter. Blair William & Co. IL now owns 11,011 shares of the company's stock valued at $392,000 after buying an additional 276 shares during the period. Lazard Asset Management LLC grew its stake in Phillips Edison & Company, Inc. by 1.0% in the second quarter. Lazard Asset Management LLC now owns 30,876 shares of the company's stock worth $1,081,000 after purchasing an additional 314 shares in the last quarter. Kovack Advisors Inc. raised its position in Phillips Edison & Company, Inc. by 2.9% during the 4th quarter. Kovack Advisors Inc. now owns 11,474 shares of the company's stock valued at $408,000 after purchasing an additional 327 shares in the last quarter. Aster Capital Management DIFC Ltd lifted its holdings in shares of Phillips Edison & Company, Inc. by 55.5% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,053 shares of the company's stock worth $37,000 after buying an additional 376 shares during the period. Finally, Newbridge Financial Services Group Inc. grew its position in shares of Phillips Edison & Company, Inc. by 7.3% during the 3rd quarter. Newbridge Financial Services Group Inc. now owns 6,787 shares of the company's stock worth $233,000 after buying an additional 460 shares in the last quarter. Hedge funds and other institutional investors own 80.70% of the company's stock.

About Phillips Edison & Company, Inc.

Phillips Edison & Company, Inc is a publicly traded real estate investment trust (REIT) that specializes in the acquisition, ownership and operation of grocery-anchored, necessity-based shopping centers. The company's investment strategy is centered on properties that benefit from everyday consumer demand, seeking to deliver stable cash flows through long-term, triple-net leases with national and regional tenants in the grocery, drugstore and essential retail sectors.

In addition to its core retail portfolio, Phillips Edison & Company provides integrated services covering property management, asset management, leasing, development and acquisition sourcing.

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