Should I buy or sell Phillips Edison & Company, Inc. stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Phillips Edison & Company, Inc. in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PECO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PECO, but not buy additional shares or sell existing shares. View PECO analyst ratings or view top-rated stocks .

What is Phillips Edison & Company, Inc.'s stock price target for 2024?

5 equities research analysts have issued twelve-month target prices for Phillips Edison & Company, Inc.'s shares. Their PECO share price targets range from $32.00 to $44.00. On average, they expect the company's stock price to reach $36.75 in the next twelve months. This suggests a possible upside of 3.0% from the stock's current price. View analysts price targets for PECO or view top-rated stocks among Wall Street analysts .

How have PECO shares performed in 2023?

Phillips Edison & Company, Inc.'s stock was trading at $31.84 on January 1st, 2023. Since then, PECO shares have increased by 12.1% and is now trading at $35.69. View the best growth stocks for 2023 here .

When is Phillips Edison & Company, Inc.'s next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024. View our PECO earnings forecast .

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

Phillips Edison & Company, Inc. (NASDAQ:PECO) issued its earnings results on Thursday, May, 5th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by $0.41. Phillips Edison & Company, Inc. had a trailing twelve-month return on equity of 2.20% and a net margin of 9.49%.

How often does Phillips Edison & Company, Inc. pay dividends? What is the dividend yield for Phillips Edison & Company, Inc.?

Phillips Edison & Company, Inc. declared a monthly dividend on Tuesday, November 14th. Investors of record on Thursday, February 15th will be paid a dividend of $0.0975 per share on Friday, March 1st. This represents a $1.17 dividend on an annualized basis and a yield of 3.28%. The ex-dividend date of this dividend is Wednesday, February 14th. Read our dividend analysis for PECO .

Is Phillips Edison & Company, Inc. a good dividend stock?

Phillips Edison & Company, Inc. (NASDAQ:PECO) pays an annual dividend of $1.17 per share and currently has a dividend yield of 3.28%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 248.94%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PECO will have a dividend payout ratio of 48.95% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PECO .

What ETFs hold Phillips Edison & Company, Inc.'s stock?

ETFs with the largest weight of Phillips Edison & Company, Inc. (NASDAQ:PECO) stock in their portfolio include Fidelity Real Estate Investment ETF (FPRO) , Invesco S&P SmallCap Financials ETF (PSCF) , Global X Founder-Run Companies ETF (BOSS) , Vident U.S. Diversified Real Estate ETF (PPTY) , Invesco Active U.S. Real Estate ETF (PSR) , First Trust US Equity Opportunities ETF (FPX) , FlexShares Global Quality Real Estate Index Fund (GQRE) and iShares US Credit Bond ETF (CRED) .

What guidance has Phillips Edison & Company, Inc. issued on next quarter's earnings?

Phillips Edison & Company, Inc. issued an update on its FY23 earnings guidance on Tuesday, October, 31st. The company provided EPS guidance of $2.31-$2.35 for the period, compared to the consensus earnings per share estimate of $2.31.

When did Phillips Edison & Company, Inc. IPO?

(PECO) raised $502 million in an initial public offering (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 stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (6.83%), Massachusetts Financial Services Co. MA (4.44%), FMR LLC (4.08%), Charles Schwab Investment Management Inc. (1.47%), Northern Trust Corp (1.15%) and Legal & General Group Plc (0.89%). 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

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

$35.69

+0.45 (+1.28%)

(As of 12/1/2023 08:55 PM ET)

Compare

Today's Range: $34.95
▼
$35.72
50-Day Range: $32.43
▼
$35.69
52-Week Range: $27.85
▼
$36.46

Volume: 1.00 million shs
Average Volume: 815,146 shs
Market Capitalization: $4.27 billion

P/E Ratio: 75.94
Dividend Yield: 3.28%
Price Target: $36.75

Phillips Edison & Company, Inc. MarketRank™ Stock Analysis

Analyst Rating: Hold
2.20 Rating Score
Upside/Downside: 3.0% Upside
$36.75 Price Target
Short Interest: Healthy
3.80% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.47
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 3.02%
From $2.32 to $2.39 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.80 out of 5 stars

Finance Sector

669th out of 824 stocks

Real Estate Investment Trusts Industry

130th out of 168 stocks

1.1

Analyst's Opinion

Consensus Rating
Phillips Edison & Company, Inc. has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 2 buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $36.75, Phillips Edison & Company, Inc. has a forecasted upside of 3.0% from its current price of $35.69.
Amount of Analyst Coverage
Phillips Edison & Company, Inc. has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
3.80% of the float of Phillips Edison & Company, Inc. has been sold short.
Short Interest Ratio / Days to Cover
Phillips Edison & Company, Inc. has a short interest ratio ("days to cover") of 6.6.
Change versus previous month
Short interest in Phillips Edison & Company, Inc. has recently decreased by 15.54%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Phillips Edison & Company, Inc. pays a meaningful dividend of 3.28%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Phillips Edison & Company, Inc. has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Phillips Edison & Company, Inc. is 248.94%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Phillips Edison & Company, Inc. will have a dividend payout ratio of 48.95% next year. This indicates that Phillips Edison & Company, Inc. will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PECO.

3.0

News and Social Media Coverage

News Sentiment
Phillips Edison & Company, Inc. has a news sentiment score of 0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Phillips Edison & Company, Inc. this week, compared to 3 articles on an average week.
Search Interest
2 people have searched for PECO on MarketBeat in the last 30 days.
MarketBeat Follows
3 people have added Phillips Edison & Company, Inc. to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Phillips Edison & Company, Inc. insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 7.95% of the stock of Phillips Edison & Company, Inc. is held by insiders.
Percentage Held by Institutions
83.48% of the stock of Phillips Edison & Company, Inc. is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Phillips Edison & Company, Inc. are expected to grow by 3.02% in the coming year, from $2.32 to $2.39 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Phillips Edison & Company, Inc. is 75.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.43.
Price to Earnings Ratio vs. Sector
The P/E ratio of Phillips Edison & Company, Inc. is 75.94, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 48.41.
Price to Earnings Growth Ratio
Phillips Edison & Company, Inc. has a PEG Ratio of 3.74. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Phillips Edison & Company, Inc. has a P/B Ratio of 1.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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 September 30, 2023, PECO managed 295 shopping centers, including 275 wholly-owned centers comprising 31.4 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

30 days | 90 days | 365 days | Advanced Chart

PECO Stock News Headlines

December 3, 2023 | americanbankingnews.com

Mizuho Trims Phillips Edison & Company, Inc. (NASDAQ:PECO) Target Price to $35.00

November 29, 2023 | finance.yahoo.com

Phillips Edison & Company to Host Investment Community Day

December 4, 2023 | Wealthpress (Ad)

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November 28, 2023 | seekingalpha.com

Phillips Edison & Company: Strong Pricing Power, Good Occupancy, Defensive Nature

November 9, 2023 | bizjournals.com

President of Cincinnati real estate firm Phillips Edison to exit; new leader tapped for role

November 7, 2023 | finance.yahoo.com

Phillips Edison & Company Declares Monthly Dividend Distributions

November 2, 2023 | finance.yahoo.com

Phillips Edison & Company, Inc. (NASDAQ:PECO) Q3 2023 Earnings Call Transcript

October 31, 2023 | finance.yahoo.com

Phillips Edison & Co Inc (PECO) Reports Q3 2023 Earnings, Updates Full Year Guidance

December 4, 2023 | DTI Trader (Ad)

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October 26, 2023 | finance.yahoo.com

Bed Bath & Beyond vacancies in Natomas, Elk Grove, Folsom, Roseville, Arden-Arcade could be filled soon

October 25, 2023 | investing.com

Phillips Edison & Co Inc (PECO)

October 12, 2023 | finance.yahoo.com

Phillips Edison & Co Inc's Dividend Analysis

October 10, 2023 | finance.yahoo.com

Zacks Industry Outlook Highlights Brixmor Property, Phillips Edison and Tanger Factory Outlet Centers

September 27, 2023 | finance.yahoo.com

Phillips Edison & Company Announces Sponsorship with The SCORE Foundation

September 26, 2023 | benzinga.com

Phillips Edison & Company Announces Appointment of Anthony "Tony" Terry to Board of Directors

September 26, 2023 | finance.yahoo.com

Phillips Edison & Company Inc. Invites You to Join Its Third Quarter 2023 Earnings Conference Call

September 25, 2023 | finance.yahoo.com

Phillips Edison & Company Announces Appointment of Anthony “Tony” Terry to Board of Directors

September 25, 2023 | finance.yahoo.com

Phillips Edison & Company Announces Appointment of Anthony “Tony” Terry to Board of Directors

September 21, 2023 | msn.com

Wells Fargo Downgrades Phillips Edison & Company Inc - (PECO)

September 21, 2023 | msn.com

Phillips Edison: Defensive Stock With Strong Occupancy And Positive Tenants' Health

September 6, 2023 | finance.yahoo.com

Phillips Edison (PECO) Rewards Investors With 4.5% Dividend Hike

September 5, 2023 | finance.yahoo.com

Phillips Edison & Company Increases Monthly Dividend Distribution by 4.5% to $0.0975 Per Common Share

August 30, 2023 | benzinga.com

Expansion In Full Swing: Phillips Edison Acquires Texas-Based Lake Pointe Market

August 30, 2023 | finance.yahoo.com

Phillips Edison & Company Acquires Lake Pointe Market

August 28, 2023 | finance.yahoo.com

Phillips Edison & Company to Present at BofA Securities 2023 Global Real Estate Conference

August 28, 2023 | seekingalpha.com

Phillips Edison: Limited Catalysts, Shares Fairly Valued

August 11, 2023 | seekingalpha.com

Phillips Edison & Company, Inc. 2023 Q2 - Results - Earnings Call Presentation

See More Headlines

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Company Calendar

Last Earnings: 5/05/2022
Ex-Dividend for 12/1 Dividend: 11/16/2023
Dividend Payable: 12/01/2023
Today: 12/03/2023
Ex-Dividend for 1/2 Dividend: 12/14/2023
Fiscal Year End: 12/31/2023
Dividend Payable: 1/02/2024
Next Earnings (Estimated): 2/08/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Real estate investment trusts
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:PECO
CUSIP: N/A
CIK: 1476204
Web: www.phillipsedison.com
Phone: 513-554-1110
Fax: N/A
Employees: 290
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $36.75
High Stock Price Target: $44.00
Low Stock Price Target: $32.00
Potential Upside/Downside: +3.0%
Consensus Rating: Hold
Rating Score (0-4): 2.20
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.47
Trailing P/E Ratio: 75.94
Forward P/E Ratio: 15.38
P/E Growth: 3.74
Net Income: $48.32 million
Net Margins: 9.49%
Pretax Margin: 10.70%
Return on Equity: 2.20%
Return on Assets: 1.20%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $575.37 million
Price / Sales: 7.42
Cash Flow: $2.44 per share
Price / Cash Flow: 14.61
Book Value: $21.80 per share
Price / Book: 1.64

Miscellaneous

Outstanding Shares: 119,600,000
Free Float: 110,092,000
Market Cap: $4.27 billion
Optionable: Not Optionable
Beta: 0.57

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Key Executives

Mr. Jeffrey S. Edison (Age 62)
Chairman & CEO
Comp: $2.71M
Mr. Devin Ignatius Murphy (Age 63)
President
Comp: $1.21M
Mr. John P. Caulfield (Age 41)
CFO, Executive VP & Treasurer
Comp: $755.82k
Mr. Robert F. Myers (Age 50)
Executive VP & COO
Comp: $1.2M
Ms. Tanya E. Brady J.D. (Age 54)
Executive VP, Chief Ethics and Compliance Officer, General Counsel & Secretary
Comp: $665.39k
Ms. Jennifer L. Robison (Age 46)
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
Mr. Keith A. Rummer J.D.
Senior VP, Chief People, Diversity & Inclusion Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PECO Stock Analysis - Frequently Asked Questions

Should I buy or sell Phillips Edison & Company, Inc. stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Phillips Edison & Company, Inc. in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PECO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PECO, but not buy additional shares or sell existing shares.
View PECO analyst ratings or view top-rated stocks.
What is Phillips Edison & Company, Inc.'s stock price target for 2024?: 5 equities research analysts have issued twelve-month target prices for Phillips Edison & Company, Inc.'s shares. Their PECO share price targets range from $32.00 to $44.00. On average, they expect the company's stock price to reach $36.75 in the next twelve months. This suggests a possible upside of 3.0% from the stock's current price.
View analysts price targets for PECO or view top-rated stocks among Wall Street analysts.
How have PECO shares performed in 2023?: Phillips Edison & Company, Inc.'s stock was trading at $31.84 on January 1st, 2023. Since then, PECO shares have increased by 12.1% and is now trading at $35.69.
View the best growth stocks for 2023 here.
When is Phillips Edison & Company, Inc.'s next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024.
View our PECO earnings forecast.
How were Phillips Edison & Company, Inc.'s earnings last quarter?: Phillips Edison & Company, Inc. (NASDAQ:PECO) issued its earnings results on Thursday, May, 5th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by $0.41. Phillips Edison & Company, Inc. had a trailing twelve-month return on equity of 2.20% and a net margin of 9.49%.
How often does Phillips Edison & Company, Inc. pay dividends? What is the dividend yield for Phillips Edison & Company, Inc.?: Phillips Edison & Company, Inc. declared a monthly dividend on Tuesday, November 14th. Investors of record on Thursday, February 15th will be paid a dividend of $0.0975 per share on Friday, March 1st. This represents a $1.17 dividend on an annualized basis and a yield of 3.28%. The ex-dividend date of this dividend is Wednesday, February 14th.
Read our dividend analysis for PECO.

Is Phillips Edison & Company, Inc. a good dividend stock?: Phillips Edison & Company, Inc. (NASDAQ:PECO) pays an annual dividend of $1.17 per share and currently has a dividend yield of 3.28%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 248.94%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PECO will have a dividend payout ratio of 48.95% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PECO.
What ETFs hold Phillips Edison & Company, Inc.'s stock?: ETFs with the largest weight of Phillips Edison & Company, Inc. (NASDAQ:PECO) stock in their portfolio include Fidelity Real Estate Investment ETF (FPRO), Invesco S&P SmallCap Financials ETF (PSCF), Global X Founder-Run Companies ETF (BOSS), Vident U.S. Diversified Real Estate ETF (PPTY), Invesco Active U.S. Real Estate ETF (PSR), First Trust US Equity Opportunities ETF (FPX), FlexShares Global Quality Real Estate Index Fund (GQRE) and iShares US Credit Bond ETF (CRED).
What guidance has Phillips Edison & Company, Inc. issued on next quarter's earnings?: Phillips Edison & Company, Inc. issued an update on its FY23 earnings guidance on Tuesday, October, 31st. The company provided EPS guidance of $2.31-$2.35 for the period, compared to the consensus earnings per share estimate of $2.31.
When did Phillips Edison & Company, Inc. IPO?: (PECO) raised $502 million in an initial public offering (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 stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (6.83%), Massachusetts Financial Services Co. MA (4.44%), FMR LLC (4.08%), Charles Schwab Investment Management Inc. (1.47%), Northern Trust Corp (1.15%) and Legal & General Group Plc (0.89%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:PECO) was last updated on 12/4/2023 by MarketBeat.com Staff

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