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) Add Compare Share Share Today's Range$34.95▼$35.7250-Day Range$32.43▼$35.6952-Week Range$27.85▼$36.46Volume1.00 million shsAverage Volume815,146 shsMarket Capitalization$4.27 billionP/E Ratio75.94Dividend Yield3.28%Price Target$36.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Phillips Edison & Company, Inc. MarketRank™ Stock AnalysisAnalyst RatingHold2.20 Rating ScoreUpside/Downside3.0% Upside$36.75 Price TargetShort InterestHealthy3.80% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.47Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth3.02%From $2.32 to $2.39 Per ShareSee Full Details Hide Full Details 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 starsFinance Sector669th out of 824 stocksReal Estate Investment Trusts Industry130th out of 168 stocks 1.1 Analyst's Opinion Consensus RatingPhillips 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/DownsideAccording 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 CoveragePhillips Edison & Company, Inc. has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.80% of the float of Phillips Edison & Company, Inc. has been sold short.Short Interest Ratio / Days to CoverPhillips Edison & Company, Inc. has a short interest ratio ("days to cover") of 6.6.Change versus previous monthShort interest in Phillips Edison & Company, Inc. has recently decreased by 15.54%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldPhillips Edison & Company, Inc. pays a meaningful dividend of 3.28%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPhillips Edison & Company, Inc. has only been increasing its dividend for 2 years.Dividend CoverageThe 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 SustainabilityBased 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. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PECO. Previous Next 3.0 News and Social Media Coverage News SentimentPhillips 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 WeekMarketBeat has tracked 5 news articles for Phillips Edison & Company, Inc. this week, compared to 3 articles on an average week.Search Interest2 people have searched for PECO on MarketBeat in the last 30 days. MarketBeat Follows3 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. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Phillips Edison & Company, Inc. insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.95% of the stock of Phillips Edison & Company, Inc. is held by insiders.Percentage Held by Institutions83.48% 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. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings 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 MarketThe 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. SectorThe 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 RatioPhillips 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 RatioPhillips 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. Previous Next 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.Read More PECO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PECO Stock News HeadlinesDecember 3, 2023 | americanbankingnews.comMizuho Trims Phillips Edison & Company, Inc. (NASDAQ:PECO) Target Price to $35.00November 29, 2023 | finance.yahoo.comPhillips Edison & Company to Host Investment Community DayDecember 4, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 28, 2023 | seekingalpha.comPhillips Edison & Company: Strong Pricing Power, Good Occupancy, Defensive NatureNovember 9, 2023 | bizjournals.comPresident of Cincinnati real estate firm Phillips Edison to exit; new leader tapped for roleNovember 7, 2023 | finance.yahoo.comPhillips Edison & Company Declares Monthly Dividend DistributionsNovember 2, 2023 | finance.yahoo.comPhillips Edison & Company, Inc. (NASDAQ:PECO) Q3 2023 Earnings Call TranscriptOctober 31, 2023 | finance.yahoo.comPhillips Edison & Co Inc (PECO) Reports Q3 2023 Earnings, Updates Full Year GuidanceDecember 4, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.October 26, 2023 | finance.yahoo.comBed Bath & Beyond vacancies in Natomas, Elk Grove, Folsom, Roseville, Arden-Arcade could be filled soonOctober 25, 2023 | investing.comPhillips Edison & Co Inc (PECO)October 12, 2023 | finance.yahoo.comPhillips Edison & Co Inc's Dividend AnalysisOctober 10, 2023 | finance.yahoo.comZacks Industry Outlook Highlights Brixmor Property, Phillips Edison and Tanger Factory Outlet CentersSeptember 27, 2023 | finance.yahoo.comPhillips Edison & Company Announces Sponsorship with The SCORE FoundationSeptember 26, 2023 | benzinga.comPhillips Edison & Company Announces Appointment of Anthony "Tony" Terry to Board of DirectorsSeptember 26, 2023 | finance.yahoo.comPhillips Edison & Company Inc. Invites You to Join Its Third Quarter 2023 Earnings Conference CallSeptember 25, 2023 | finance.yahoo.comPhillips Edison & Company Announces Appointment of Anthony “Tony” Terry to Board of DirectorsSeptember 25, 2023 | finance.yahoo.comPhillips Edison & Company Announces Appointment of Anthony “Tony” Terry to Board of DirectorsSeptember 21, 2023 | msn.comWells Fargo Downgrades Phillips Edison & Company Inc - (PECO)September 21, 2023 | msn.comPhillips Edison: Defensive Stock With Strong Occupancy And Positive Tenants' HealthSeptember 6, 2023 | finance.yahoo.comPhillips Edison (PECO) Rewards Investors With 4.5% Dividend HikeSeptember 5, 2023 | finance.yahoo.comPhillips Edison & Company Increases Monthly Dividend Distribution by 4.5% to $0.0975 Per Common ShareAugust 30, 2023 | benzinga.comExpansion In Full Swing: Phillips Edison Acquires Texas-Based Lake Pointe MarketAugust 30, 2023 | finance.yahoo.comPhillips Edison & Company Acquires Lake Pointe MarketAugust 28, 2023 | finance.yahoo.comPhillips Edison & Company to Present at BofA Securities 2023 Global Real Estate ConferenceAugust 28, 2023 | seekingalpha.comPhillips Edison: Limited Catalysts, Shares Fairly ValuedAugust 11, 2023 | seekingalpha.comPhillips Edison & Company, Inc. 2023 Q2 - Results - Earnings Call PresentationSee 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. Email Address Company Calendar Last Earnings5/05/2022Ex-Dividend for 12/1 Dividend11/16/2023Dividend Payable12/01/2023Today12/03/2023Ex-Dividend for 1/2 Dividend12/14/2023Fiscal Year End12/31/2023Dividend Payable1/02/2024Next Earnings (Estimated)2/08/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:PECO CUSIPN/A CIK1476204 Webwww.phillipsedison.com Phone513-554-1110FaxN/AEmployees290Year FoundedN/APrice 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 RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.47 Trailing P/E Ratio75.94 Forward P/E Ratio15.38 P/E Growth3.74Net Income$48.32 million Net Margins9.49% Pretax Margin10.70% Return on Equity2.20% Return on Assets1.20% Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$575.37 million Price / Sales7.42 Cash Flow$2.44 per share Price / Cash Flow14.61 Book Value$21.80 per share Price / Book1.64Miscellaneous Outstanding Shares119,600,000Free Float110,092,000Market Cap$4.27 billion OptionableNot Optionable Beta0.57 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Jeffrey S. Edison (Age 62)Chairman & CEO Comp: $2.71MMr. Devin Ignatius Murphy (Age 63)President Comp: $1.21MMr. John P. Caulfield (Age 41)CFO, Executive VP & Treasurer Comp: $755.82kMr. Robert F. Myers (Age 50)Executive VP & COO Comp: $1.2MMs. Tanya E. Brady J.D. (Age 54)Executive VP, Chief Ethics and Compliance Officer, General Counsel & Secretary Comp: $665.39kMs. Jennifer L. Robison (Age 46)Senior VP & Chief Accounting Officer Mr. Kevin J. McCannChief Information OfficerKim GreenVice President of Investor RelationsMs. Cherilyn K. Megill CMDCRX, Senior VP & Chief Marketing OfficerMr. Keith A. Rummer J.D.Senior VP, Chief People, Diversity & Inclusion OfficerMore ExecutivesKey CompetitorsVornado Realty TrustNYSE:VNOApartment Income REITNYSE:AIRCKite Realty Group TrustNYSE:KRGBlackstone Mortgage TrustNYSE:BXMTApple Hospitality REITNYSE:APLEView All CompetitorsInsiders & InstitutionsWellington Management Group LLPSold 1,052,947 shares on 12/1/2023Ownership: 6.830%B. Riley Wealth Advisors Inc.Sold 20,581 shares on 12/1/2023Ownership: 0.015%American Century Companies Inc.Bought 4,961 shares on 11/30/2023Ownership: 0.029%Deutsche Bank AGSold 23,607 shares on 11/24/2023Ownership: 0.234%Graham Capital Management L.P.Bought 14,665 shares on 11/22/2023Ownership: 0.012%View All Insider TransactionsView 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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