Free Trial
NASDAQ:PECO

Phillips Edison & Company, Inc. (PECO) Stock Price, News & Analysis

$34.02
+0.17 (+0.50%)
(As of 07/26/2024 ET)
Today's Range
$32.75
$34.58
50-Day Range
$30.93
$35.24
52-Week Range
$30.62
$37.92
Volume
831,121 shs
Average Volume
658,050 shs
Market Capitalization
$4.16 billion
P/E Ratio
73.96
Dividend Yield
3.44%
Price Target
$37.43

Phillips Edison & Company, Inc. MarketRank™ Stock Analysis

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
10.0% Upside
$37.43 Price Target
Short Interest
Bearish
2.75% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.30mentions of Phillips Edison & Company, Inc. in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.98%
From $2.41 to $2.53 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.84 out of 5 stars

Finance Sector

683rd out of 898 stocks

Real Estate Investment Trusts Industry

138th out of 181 stocks

PECO stock logo

About Phillips Edison & Company, Inc. Stock (NASDAQ:PECO)

Phillips Edison & Company, Inc. (PECO) is one of the nation's largest owners and operators of omni-channel grocery-anchored shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO's centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO's top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of December 31, 2023, PECO managed 301 shopping centers, including 281 wholly-owned centers comprising 32.2 million square feet across 31 states and 20 shopping centers owned in one institutional joint venture. PECO is exclusively focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time.

PECO Stock Price History

PECO Stock News Headlines

625,000% Gain
Imagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.
625,000% Gain
Imagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.
See More Headlines
Receive PECO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Phillips Edison & Company, Inc. and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/05/2022
Ex-Dividend for 7/2 Dividend
6/17/2024
Dividend Payable
7/02/2024
Ex-Dividend for 8/1 Dividend
7/15/2024
Today
7/26/2024
Dividend Payable
8/01/2024
Next Earnings (Estimated)
10/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Trading
Current Symbol
NASDAQ:PECO
Fax
N/A
Employees
290
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$37.43
High Stock Price Target
$44.00
Low Stock Price Target
$33.00
Potential Upside/Downside
+10.0%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
7 Analysts

Profitability

Net Income
$56.85 million
Pretax Margin
10.44%

Debt

Sales & Book Value

Annual Sales
$620.36 million
Cash Flow
$2.42 per share
Book Value
$21.75 per share

Miscellaneous

Free Float
112,669,000
Market Cap
$4.16 billion
Optionable
Optionable
Beta
0.56
The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.

Get This Free Report

Key Executives

  • Mr. Jeffrey S. Edison (Age 63)
    Chairman & CEO
    Comp: $2.97M
  • Mr. Robert F. Myers (Age 50)
    President
    Comp: $1.29M
  • Mr. John P. Caulfield (Age 42)
    CFO, Executive VP & Treasurer
    Comp: $795.43k
  • Mr. Devin Ignatius Murphy (Age 64)
    Managing Director of Investment Management
    Comp: $1.24M
  • Ms. Tanya E. Brady J.D. (Age 55)
    Executive VP, General Counsel & Secretary
    Comp: $674.33k
  • Mr. Joseph G. Schlosser
    Executive VP & COO
  • Ms. Jennifer L. Robison (Age 47)
    Senior VP & Chief Accounting Officer
  • Mr. Kevin J. McCann
    Chief Information Officer
  • Kim Green
    Vice President of Investor Relations
  • Ms. Cherilyn K. Megill CMD
    CRX, Senior VP & Chief Marketing Officer

PECO Stock Analysis - Frequently Asked Questions

How have PECO shares performed this year?

Phillips Edison & Company, Inc.'s stock was trading at $36.48 at the beginning of the year. Since then, PECO stock has decreased by 6.7% and is now trading at $34.02.
View the best growth stocks for 2024 here
.

How were Phillips Edison & Company, Inc.'s earnings last quarter?

Phillips Edison & Company, Inc. (NASDAQ:PECO) released its quarterly earnings data on Thursday, May, 5th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.50 by $0.41. Phillips Edison & Company, Inc. had a trailing twelve-month return on equity of 2.21% and a net margin of 9.33%.

When did Phillips Edison & Company, Inc. IPO?

Phillips Edison & Company, Inc. (PECO) raised $502 million in an IPO on Friday, July 16th 2021. The company issued 17,000,000 shares at $28.00-$31.00 per share.

Who are Phillips Edison & Company, Inc.'s major shareholders?

Phillips Edison & Company, Inc.'s top institutional shareholders include Bank of New York Mellon Corp (0.90%), Cambridge Investment Research Advisors Inc. (0.36%), McAdam LLC (0.14%) and Sumitomo Mitsui Trust Holdings Inc. (0.11%). Insiders that own company stock include Leslie T Chao and Paul Massey.
View institutional ownership trends
.

How do I buy shares of Phillips Edison & Company, Inc.?

Shares of PECO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PECO) was last updated on 7/27/2024 by MarketBeat.com Staff

From Our Partners