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Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Stock market today: Shares mixed in Asia ahead of updates on jobs, inflation
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Economists predict US inflation will keep cooling and the economy can avoid a recession
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Stock market today: Shares mixed in Asia ahead of updates on jobs, inflation
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Economists predict US inflation will keep cooling and the economy can avoid a recession
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Stock market today: Shares mixed in Asia ahead of updates on jobs, inflation
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Economists predict US inflation will keep cooling and the economy can avoid a recession
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Stock market today: Shares mixed in Asia ahead of updates on jobs, inflation
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Economists predict US inflation will keep cooling and the economy can avoid a recession
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt

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
0.47mentions of Phillips Edison & Company, Inc. in the last 14 days
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


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 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

PECO Stock News Headlines

Phillips Edison & Company to Host Investment Community Day
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Phillips Edison & Co Inc (PECO)
Phillips Edison & Co Inc's Dividend Analysis
Phillips Edison & Company Acquires Lake Pointe Market
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

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:PECO
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

Net Income
$48.32 million
Pretax Margin
10.70%

Debt

Sales & Book Value

Annual Sales
$575.37 million
Cash Flow
$2.44 per share
Book Value
$21.80 per share

Miscellaneous

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














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 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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