Phillips Edison & Company, Inc. (PECO) Projected to Post Quarterly Earnings on Thursday

Phillips Edison & Company, Inc. (NASDAQ:PECO - Get Free Report) is expected to be posting its Q2 2025 quarterly earnings results after the market closes on Thursday, July 24th. Analysts expect Phillips Edison & Company, Inc. to post earnings of $0.63 per share and revenue of $174.38 million for the quarter. Phillips Edison & Company, Inc. has set its FY 2025 guidance at 0.580-0.630 EPS.

Phillips Edison & Company, Inc. (NASDAQ:PECO - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.02. The company had revenue of $178.31 million during the quarter, compared to analyst estimates of $170.59 million. Phillips Edison & Company, Inc. had a net margin of 10.51% and a return on equity of 2.73%. Phillips Edison & Company, Inc.'s quarterly revenue was up 10.2% compared to the same quarter last year. During the same period last year, the business earned $0.60 EPS. On average, analysts expect Phillips Edison & Company, Inc. to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Phillips Edison & Company, Inc. Stock Performance

Shares of Phillips Edison & Company, Inc. stock traded up $0.22 during trading on Thursday, hitting $35.01. The company's stock had a trading volume of 986,993 shares, compared to its average volume of 736,381. The company has a fifty day simple moving average of $35.22 and a two-hundred day simple moving average of $35.68. The company has a market capitalization of $4.39 billion, a PE ratio of 61.42, a P/E/G ratio of 1.20 and a beta of 0.55. Phillips Edison & Company, Inc. has a 52 week low of $32.40 and a 52 week high of $40.12.

Phillips Edison & Company, Inc. Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, July 1st. Investors of record on Tuesday, June 17th were paid a $0.1025 dividend. The ex-dividend date was Monday, June 16th. This represents a dividend yield of 3.5%. Phillips Edison & Company, Inc.'s payout ratio is 215.79%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on PECO shares. Barclays started coverage on shares of Phillips Edison & Company, Inc. in a research note on Wednesday, July 2nd. They issued an "equal weight" rating and a $37.00 price target for the company. Wells Fargo & Company decreased their price target on shares of Phillips Edison & Company, Inc. from $37.00 to $36.00 and set an "equal weight" rating for the company in a research note on Wednesday, March 26th. Finally, Mizuho decreased their price target on shares of Phillips Edison & Company, Inc. from $38.00 to $37.00 and set an "outperform" rating for the company in a research note on Thursday. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Phillips Edison & Company, Inc. has a consensus rating of "Hold" and a consensus price target of $38.50.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Royal Bank of Canada raised its holdings in Phillips Edison & Company, Inc. by 12.8% in the first quarter. Royal Bank of Canada now owns 81,726 shares of the company's stock worth $2,982,000 after buying an additional 9,250 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Phillips Edison & Company, Inc. by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 73,111 shares of the company's stock worth $2,668,000 after buying an additional 3,199 shares during the last quarter. AQR Capital Management LLC raised its holdings in Phillips Edison & Company, Inc. by 8.2% in the first quarter. AQR Capital Management LLC now owns 11,091 shares of the company's stock worth $405,000 after buying an additional 845 shares during the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new position in Phillips Edison & Company, Inc. in the first quarter worth about $333,000. 80.70% of the stock is owned by hedge funds and other institutional investors.

About Phillips Edison & Company, Inc.

Phillips Edison & Co, Inc is a real estate investment trust, which engages in the ownership and operation of shopping centers. It also offers an investment management business providing property management and advisory services. Its portfolio consists of well-occupied, grocery-anchored neighborhood and community shopping centers having a mix of national, regional, and local retailers offering necessity-based goods and services.