S&P 500   4,293.93
DOW   33,833.61
QQQ   353.15
Stock market today: European shares slip, Asian shares higher after Wall St's return to bull market
Soaring EV Industry Keeps Investor Focus on Lithium (Ad)
The S&P 500 is in a bull market. Here's what that means and how long the bull might run
2 Dow Stocks Trading Less Than 10x Earnings are Blue Chip Values
Graphite versus Lithium - What Investors Should Know (Ad)
3 EV Stocks You Need To Have On Your Watchlist
3 Mid Caps You Haven't Heard Of But Need To Know About
Graphite versus Lithium - What Investors Should Know (Ad)
Boost for homebuyers: Average long-term US mortgage rate eases from 7-month high to 6.71% this week
Even at $2,000+ Per Share, These 3 Stocks Are Deals
S&P 500   4,293.93
DOW   33,833.61
QQQ   353.15
Stock market today: European shares slip, Asian shares higher after Wall St's return to bull market
Soaring EV Industry Keeps Investor Focus on Lithium (Ad)
The S&P 500 is in a bull market. Here's what that means and how long the bull might run
2 Dow Stocks Trading Less Than 10x Earnings are Blue Chip Values
Graphite versus Lithium - What Investors Should Know (Ad)
3 EV Stocks You Need To Have On Your Watchlist
3 Mid Caps You Haven't Heard Of But Need To Know About
Graphite versus Lithium - What Investors Should Know (Ad)
Boost for homebuyers: Average long-term US mortgage rate eases from 7-month high to 6.71% this week
Even at $2,000+ Per Share, These 3 Stocks Are Deals
S&P 500   4,293.93
DOW   33,833.61
QQQ   353.15
Stock market today: European shares slip, Asian shares higher after Wall St's return to bull market
Soaring EV Industry Keeps Investor Focus on Lithium (Ad)
The S&P 500 is in a bull market. Here's what that means and how long the bull might run
2 Dow Stocks Trading Less Than 10x Earnings are Blue Chip Values
Graphite versus Lithium - What Investors Should Know (Ad)
3 EV Stocks You Need To Have On Your Watchlist
3 Mid Caps You Haven't Heard Of But Need To Know About
Graphite versus Lithium - What Investors Should Know (Ad)
Boost for homebuyers: Average long-term US mortgage rate eases from 7-month high to 6.71% this week
Even at $2,000+ Per Share, These 3 Stocks Are Deals
S&P 500   4,293.93
DOW   33,833.61
QQQ   353.15
Stock market today: European shares slip, Asian shares higher after Wall St's return to bull market
Soaring EV Industry Keeps Investor Focus on Lithium (Ad)
The S&P 500 is in a bull market. Here's what that means and how long the bull might run
2 Dow Stocks Trading Less Than 10x Earnings are Blue Chip Values
Graphite versus Lithium - What Investors Should Know (Ad)
3 EV Stocks You Need To Have On Your Watchlist
3 Mid Caps You Haven't Heard Of But Need To Know About
Graphite versus Lithium - What Investors Should Know (Ad)
Boost for homebuyers: Average long-term US mortgage rate eases from 7-month high to 6.71% this week
Even at $2,000+ Per Share, These 3 Stocks Are Deals
NASDAQ:PECO

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

$32.31
-0.10 (-0.31%)
(As of 06/8/2023 ET)
Compare
Today's Range
$31.94
$32.45
50-Day Range
$28.14
$32.62
52-Week Range
$27.07
$35.41
Volume
920,044 shs
Average Volume
688,575 shs
Market Capitalization
$3.79 billion
P/E Ratio
68.75
Dividend Yield
3.47%
Price Target
$33.17

Phillips Edison & Company, Inc. MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
2.7% Upside
$33.17 Price Target
Short Interest
Bearish
2.52% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.71mentions of Phillips Edison & Company, Inc. in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$291,800 Bought Last Quarter
Proj. Earnings Growth
3.48%
From $2.30 to $2.38 Per Share

Overall MarketRank

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

1.87 out of 5 stars

Finance Sector

792nd out of 863 stocks

Real Estate Investment Trusts Industry

181st out of 191 stocks


PECO stock logo

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

Phillips Edison & Company, Inc. (PECO), an internally-managed REIT, is one of the nation's largest owners and operators of grocery-anchored shopping centers. PECO's diversified portfolio of well-occupied neighborhood shopping centers features a mix of national and regional retailers selling necessity-based goods and services in fundamentally strong markets throughout the United States. Through its vertically-integrated operating platform, the Company manages a portfolio of 309 properties, including 283 wholly-owned properties comprising approximately 31.7 million square feet across 31 states (as of September 30, 2020). PECO has generated strong operating results over its 29+ year history and has partnered with leading institutional commercial real estate investors, including TPG Real Estate and The Northwestern Mutual Life Insurance Company. The Company remains exclusively focused on creating great grocery-anchored shopping experiences and improving the communities it serves one center at a time. Phillips Edison & Company Ltd. operates as a subsidiary of Phillips Edison Grocery Center Operating Partnership I, L.P.

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.

PECO Stock News Headlines

Soaring EV Industry Keeps Investor Focus on Lithium
The need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.
Soaring EV Industry Keeps Investor Focus on Lithium
The need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.
PECO goes dark for Earth Hour
See More Headlines

PECO Price History

PECO Company Calendar

Last Earnings
5/05/2022
Today
6/09/2023
Ex-Dividend for 7/3 Dividend
6/14/2023
Dividend Payable
7/03/2023
Ex-Dividend for 8/1 Dividend
7/14/2023
Dividend Payable
8/01/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023

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 Forecast
$33.17
High Stock Price Forecast
$38.00
Low Stock Price Forecast
$30.00
Forecasted Upside/Downside
+2.7%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$48.32 million
Pretax Margin
10.57%

Debt

Sales & Book Value

Annual Sales
$575.37 million
Cash Flow
$2.51 per share
Book Value
$22.18 per share

Miscellaneous

Free Float
107,975,000
Market Cap
$3.79 billion
Optionable
Not Optionable
Beta
0.53

Key Executives

  • Mr. Jeffrey S. Edison (Age 62)
    Chairman & CEO
    Comp: $3M
  • Mr. Devin Ignatius Murphy (Age 63)
    Pres
    Comp: $1.32M
  • Mr. John P. Caulfield (Age 41)
    CFO, Exec. VP & Treasurer
    Comp: $764.28k
  • Mr. Robert F. Myers (Age 50)
    Exec. VP & COO
    Comp: $1.31M
  • Ms. Tanya E. Brady J.D. (Age 54)
    Exec. VP, Chief Ethics and Compliance Officer, Gen. Counsel & Sec.
    Comp: $664.31k
  • Mr. Jeffrey T. Brown (Age 63)
    Chief Accounting Officer
  • Ms. Jennifer L. Robison (Age 46)
    Sr. VP & Chief Accounting Officer
  • Mr. Kevin McCann
    Chief Information Officer
  • Kim Green
    VP of Investor Relations
  • Ms. Cherilyn Megill
    Sr. VP & Chief Marketing Officer













PECO Stock - Frequently Asked Questions

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

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Phillips Edison & Company, Inc. in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 forecast for 2023?

6 brokers have issued 1-year price objectives for Phillips Edison & Company, Inc.'s stock. Their PECO share price forecasts range from $30.00 to $38.00. On average, they expect the company's share price to reach $33.17 in the next twelve months. This suggests a possible upside of 2.7% 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 beginning of 2023. Since then, PECO shares have increased by 1.5% and is now trading at $32.31.
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, August 3rd 2023.
View our PECO earnings forecast
.

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

Phillips Edison & Company, Inc. (NASDAQ:PECO) announced its quarterly earnings data on Thursday, May, 5th. The company reported $0.09 earnings per share 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 2.11% 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. announced a monthly dividend on Friday, May 12th. Stockholders of record on Monday, July 17th will be paid a dividend of $0.0933 per share on Tuesday, August 1st. This represents a $1.12 annualized dividend and a yield of 3.47%. The ex-dividend date is Friday, July 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 $1.12 per share and currently has a dividend yield of 3.56%. The dividend payout ratio is 238.30%. 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 47.06% 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 Wednesday, May, 3rd. The company provided earnings per share guidance of $0.47-$0.52 for the period, compared to the consensus earnings per share estimate of $0.43. The company issued revenue guidance of -.

When did Phillips Edison & Company, Inc. IPO?

(PECO) raised $502 million in an IPO on Friday, July 16th 2021. The company issued 17,000,000 shares at a price of $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 a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.35%), Wellington Management Group LLP (7.72%), State Street Corp (4.09%), FMR LLC (3.85%), Geode Capital Management LLC (2.15%) and Charles Schwab Investment Management Inc. (1.28%). 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 $32.31.

How much money does Phillips Edison & Company, Inc. make?

Phillips Edison & Company, Inc. (NASDAQ:PECO) has a market capitalization of $3.79 billion and generates $575.37 million in revenue each year. The company earns $48.32 million in net income (profit) each year or $0.47 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 6/9/2023 by MarketBeat.com Staff

My Account -