NASDAQ:PECO Phillips Edison & Company, Inc. (PECO) Stock Forecast, Price & News $34.05 +0.51 (+1.52%) (As of 09/25/2023 ET) Add Compare Share Share Today's Range$33.30▼$34.4250-Day Range$33.54▼$36.1652-Week Range$27.07▼$36.46Volume1.00 million shsAverage Volume844,030 shsMarket Capitalization$4.00 billionP/E Ratio74.02Dividend Yield3.44%Price Target$36.60 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Phillips Edison & Company, Inc. MarketRank™ ForecastAnalyst RatingHold2.20 Rating ScoreUpside/Downside7.5% Upside$36.60 Price TargetShort InterestBearish5.42% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.83Based on 12 Articles This WeekInsider TradingN/AProj. Earnings Growth3.45%From $2.32 to $2.40 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.1.69 out of 5 starsFinance Sector744th out of 837 stocksReal Estate Investment Trusts Industry158th out of 181 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 $36.60, Phillips Edison & Company, Inc. has a forecasted upside of 7.5% from its current price of $34.05.Amount of Analyst CoveragePhillips Edison & Company, Inc. has only been the subject of 4 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.42% 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 5.1.Change versus previous monthShort interest in Phillips Edison & Company, Inc. has recently increased by 7.65%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldPhillips Edison & Company, Inc. pays a meaningful dividend of 3.49%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPhillips Edison & Company, Inc. does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Phillips Edison & Company, Inc. is 254.35%. 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 48.75% 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 3.8 News and Social Media Coverage News SentimentPhillips Edison & Company, Inc. has a news sentiment score of 0.83. 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 higher news sentiment than the 0.71 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Phillips Edison & Company, Inc. this week, compared to 3 articles on an average week.Search Interest3 people have searched for PECO on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat Follows3 people have added Phillips Edison & Company, Inc. to their MarketBeat watchlist in the last 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 7.90% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Phillips Edison & Company, Inc. are expected to grow by 3.45% in the coming year, from $2.32 to $2.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Phillips Edison & Company, Inc. is 74.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Phillips Edison & Company, Inc. is 74.02, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 84.78.Price to Earnings Growth RatioPhillips Edison & Company, Inc. has a PEG Ratio of 3.20. 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 1.54. 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. (NASDAQ:PECO) StockPhillips 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 June 30, 2023, PECO managed 294 shopping centers, including 274 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PECO Stock News HeadlinesSeptember 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 26, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.September 22, 2023 | americanbankingnews.comPhillips Edison & Company, Inc. (NASDAQ:PECO) Lowered to Underweight at Wells Fargo & CompanySeptember 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 19, 2023 | americanbankingnews.comPhillips Edison & Company, Inc. (NASDAQ:PECO) Price Target Raised to $36.00September 6, 2023 | finance.yahoo.comPhillips Edison (PECO) Rewards Investors With 4.5% Dividend HikeSeptember 26, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.September 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 PresentationAugust 8, 2023 | msn.comGoldman Sachs Maintains Phillips Edison & Company Inc - (PECO) Buy RecommendationAugust 8, 2023 | finance.yahoo.comPhillips Edison & Company Declares Monthly Dividend DistributionAugust 3, 2023 | insidermonkey.comPhillips Edison & Company, Inc. (NASDAQ:PECO) Q2 2023 Earnings Call TranscriptAugust 3, 2023 | finanznachrichten.dePhillips Edison & Company, Inc.: Phillips Edison & Company Reports Second Quarter 2023 Results and Raises Full Year Earnings GuidanceAugust 1, 2023 | finance.yahoo.comPhillips Edison & Company Reports Second Quarter 2023 Results and Raises Full Year Earnings GuidanceAugust 1, 2023 | finance.yahoo.comPhillips Edison & Company, Inc. (PECO) Q2 FFO and Revenues Surpass EstimatesJuly 6, 2023 | msn.comWolfe Research Downgrades Phillips Edison & Company Inc - (PECO)June 29, 2023 | finance.yahoo.comPhillips Edison & Company Announces Appointment of Parilee Edison Wang to Board of DirectorsJune 20, 2023 | finance.yahoo.comPhillips Edison & Company Inc. Invites You to Join Its Second Quarter 2023 Earnings Conference CallJune 13, 2023 | markets.businessinsider.comGoldman Sachs Maintains Buy Rating for Phillips Edison: Here's What You Need To KnowJune 13, 2023 | markets.businessinsider.comGoldman Sachs Remains a Buy on Phillips Edison & Company (PECO)June 12, 2023 | seekingalpha.comPhillips Edison: Record Portfolio Metrics But Shares Fairly ValuedSee 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 PECO Company Calendar Last Earnings5/05/2022Ex-Dividend for 10/2 Dividend9/14/2023Today9/25/2023Dividend Payable10/02/2023Ex-Dividend for 11/1 Dividend10/13/2023Dividend Payable11/01/2023Next Earnings (Estimated)11/02/2023Fiscal Year End12/31/2023Get 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 Forecast$36.60 High Stock Price Forecast$44.00 Low Stock Price Forecast$32.00 Forecasted Upside/Downside+7.5%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.46 Trailing P/E Ratio74.02 Forward P/E Ratio14.68 P/E Growth3.2Net Income$48.32 million Net Margins9.39% Pretax Margin10.56% Return on Equity2.16% Return on Assets1.17% Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$575.37 million Price / Sales6.95 Cash Flow$2.48 per share Price / Cash Flow13.73 Book Value$22.18 per share Price / Book1.54Miscellaneous Outstanding Shares117,400,000Free Float108,125,000Market Cap$4.00 billion OptionableNot Optionable Beta0.66 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Jeffrey S. Edison (Age 62)Chairman & CEO Comp: $2.71MMr. Devin Ignatius Murphy (Age 63)Pres Comp: $1.21MMr. John P. Caulfield (Age 41)CFO, Exec. VP & Treasurer Comp: $755.82kMr. Robert F. Myers (Age 49)Exec. VP & COO Comp: $1.2MMs. Tanya E. Brady J.D. (Age 54)Exec. VP, Chief Ethics and Compliance Officer, Gen. Counsel & Sec. Comp: $665.39kMs. Jennifer L. Robison (Age 46)Sr. VP & Chief Accounting Officer Mr. Kevin McCannChief Information OfficerKim GreenVP of Investor RelationsMs. Cherilyn MegillSr. VP & Chief Marketing OfficerMr. Keith A. Rummer J.D.Sr. VP, Chief People, Diversity & Inclusion OfficerMore ExecutivesKey CompetitorsKilroy RealtyNYSE:KRCBlackstone Mortgage TrustNYSE:BXMTETFMG Real Estate Tech ETFNYSE:HHHApple Hospitality REITNYSE:APLEEssential Properties Realty TrustNYSE:EPRTView All CompetitorsInsiders & InstitutionsBarclays PLCSold 25,272 shares on 9/21/2023Ownership: 0.055%Virginia Retirement Systems ET ALBought 32,500 shares on 8/22/2023Ownership: 0.028%Osaic Holdings Inc.Sold 33,107 shares on 8/21/2023Ownership: 0.515%California State Teachers Retirement SystemSold 4,001 shares on 8/21/2023Ownership: 0.121%Teachers Retirement System of The State of KentuckyBought 21,772 shares on 8/21/2023Ownership: 0.073%View All Insider TransactionsView All Institutional Transactions PECO Stock - Frequently Asked Questions Should I buy or sell Phillips Edison & Company, Inc. stock right now? 5 Wall Street 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 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 forecast for 2023? 5 equities research analysts have issued 12 month price objectives for Phillips Edison & Company, Inc.'s stock. Their PECO share price forecasts range from $32.00 to $44.00. On average, they predict the company's share price to reach $36.60 in the next twelve months. This suggests a possible upside of 7.5% 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 at the start of the year. Since then, PECO stock has increased by 6.9% and is now trading at $34.05. 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, November 2nd 2023. View our PECO earnings forecast. How were Phillips Edison & Company, Inc.'s earnings last quarter? Phillips Edison & Company, Inc. (NASDAQ:PECO) released its earnings results 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 2.16% and a net margin of 9.39%. 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, September 5th. Investors of record on Monday, October 16th will be paid a dividend of $0.0975 per share on Wednesday, November 1st. This represents a $1.17 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date of this dividend is Friday, October 13th. This is an increase from the stock's previous monthly dividend of $0.10. 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). 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 3.49%. The dividend payout ratio is 254.35%. 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 48.75% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PECO. What guidance has Phillips Edison & Company, Inc. issued on next quarter's earnings? Phillips Edison & Company, Inc. issued an update on its FY 2023 earnings guidance on Tuesday, August, 1st. The company provided earnings per share (EPS) guidance of $0.51-$0.55 for the period, compared to the consensus EPS estimate of $0.43. The company issued revenue guidance of -. When did Phillips Edison & Company, Inc. IPO? (PECO) raised $502 million in an initial public offering on Friday, July 16th 2021. The company issued 17,000,000 shares at $28.00-$31.00 per share. What is Phillips Edison & Company, Inc.'s stock symbol? Phillips Edison & Company, Inc. trades on the NASDAQ under the ticker symbol "PECO." Who are Phillips Edison & Company, Inc.'s major shareholders? Phillips Edison & Company, Inc.'s stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (18.14%), State Street Corp (5.61%), Geode Capital Management LLC (2.26%), Osaic Holdings Inc. (1.66%), Charles Schwab Investment Management Inc. (1.38%) and Northern Trust Corp (1.16%). 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. What is Phillips Edison & Company, Inc.'s stock price today? One share of PECO stock can currently be purchased for approximately $34.05. How much money does Phillips Edison & Company, Inc. make? Phillips Edison & Company, Inc. (NASDAQ:PECO) has a market capitalization of $4.00 billion and generates $575.37 million in revenue each year. The company earns $48.32 million in net income (profit) each year or $0.46 on an earnings per share basis. How many employees does Phillips Edison & Company, Inc. have? The company employs 290 workers across the globe. How can I contact Phillips Edison & Company, Inc.? The official website for the company is www.phillipsedison.com. The company can be reached via phone at 513-554-1110 or via email at investorrelations@phillipsedison.com. This page (NASDAQ:PECO) was last updated on 9/26/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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