NASDAQ:PECO Phillips Edison & Company, Inc. (PECO) Stock Forecast, Price & News $32.31 -0.10 (-0.31%) (As of 06/8/2023 ET) Add Compare Share Share Today's Range$31.94▼$32.4550-Day Range$28.14▼$32.6252-Week Range$27.07▼$35.41Volume920,044 shsAverage Volume688,575 shsMarket Capitalization$3.79 billionP/E Ratio68.75Dividend Yield3.47%Price Target$33.17 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Phillips Edison & Company, Inc. MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside2.7% Upside$33.17 Price TargetShort InterestBearish2.52% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.71Based on 2 Articles This WeekInsider TradingAcquiring Shares$291,800 Bought Last QuarterProj. Earnings Growth3.48%From $2.30 to $2.38 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.1.87 out of 5 starsFinance Sector792nd out of 863 stocksReal Estate Investment Trusts Industry181st out of 191 stocks 1.2 Analyst's Opinion Consensus RatingPhillips Edison & Company, Inc. has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $33.17, Phillips Edison & Company, Inc. has a forecasted upside of 2.7% from its current price of $32.31.Amount of Analyst CoveragePhillips Edison & Company, Inc. has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.52% 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 4.9.Change versus previous monthShort interest in Phillips Edison & Company, Inc. has recently increased by 2.80%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldPhillips Edison & Company, Inc. pays a meaningful dividend of 3.45%, 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 238.30%. 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 47.06% 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 2.6 News and Social Media Coverage News SentimentPhillips Edison & Company, Inc. has a news sentiment score of 0.71. 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 0.59 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Phillips Edison & Company, Inc. this week, compared to 3 articles on an average week.Search Interest5 people have searched for PECO on MarketBeat in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Phillips Edison & Company, Inc. insiders have bought more of their company's stock than they have sold. Specifically, they have bought $291,800.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 7.95% of the stock of Phillips Edison & Company, Inc. is held by insiders.Percentage Held by Institutions70.90% 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 3.48% in the coming year, from $2.30 to $2.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Phillips Edison & Company, Inc. is 68.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Phillips Edison & Company, Inc. is 68.75, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 142.41.Price to Earnings Growth RatioPhillips Edison & Company, Inc. has a PEG Ratio of 3.43. 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 1.46. 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), 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.Read More 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 Stock News HeadlinesJune 7, 2023 | americanbankingnews.comPhillips Edison & Company, Inc. (NASDAQ:PECO) Shares Gap Up to $30.18June 6, 2023 | americanbankingnews.comHead-To-Head Analysis: Douglas Emmett (NYSE:DEI) vs. Phillips Edison & Company, Inc. (NASDAQ:PECO)June 9, 2023 | Edge On The Street (Ad)Soaring EV Industry Keeps Investor Focus on LithiumThe 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.May 30, 2023 | finance.yahoo.comPhillips Edison & Company to Present at Nareit REITweek 2023 Investor ConferenceMay 30, 2023 | americanbankingnews.comPhillips Edison & Company, Inc. (NASDAQ:PECO) Receives $35.25 Average Price Target from BrokeragesMay 26, 2023 | americanbankingnews.comPhillips Edison & Company, Inc. (NASDAQ:PECO) Earns Equal Weight Rating from Analysts at Wells Fargo & CompanyMay 25, 2023 | msn.comMizuho Maintains Phillips Edison & Company Inc - (PECO) Neutral RecommendationMay 25, 2023 | americanbankingnews.comPhillips Edison & Company, Inc. (NASDAQ:PECO) PT Lowered to $30.00June 9, 2023 | Edge On The Street (Ad)Soaring EV Industry Keeps Investor Focus on LithiumThe 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.May 25, 2023 | msn.comWells Fargo Initiates Coverage of Phillips Edison & Company Inc - (PECO) with Equal-Weight RecommendationMay 22, 2023 | finance.yahoo.comPhillips Edison & Company Highlights Top Trends of 2023 for Grocery-Anchored Neighborhood Shopping CentersMay 16, 2023 | seekingalpha.comPhillips Edison & Company (PECO) Investor Presentation - SlideshowMay 16, 2023 | americanbankingnews.comPhillips Edison & Company, Inc. (PECO) To Go Ex-Dividend on May 18thMay 14, 2023 | americanbankingnews.comPhillips Edison & Company, Inc. (NASDAQ:PECO) Announces Monthly Dividend of $0.09May 12, 2023 | americanbankingnews.comPhillips Edison & Company, Inc. (NASDAQ:PECO) Increases Dividend to $0.09 Per ShareMay 9, 2023 | finance.yahoo.comPhillips Edison & Company Declares Monthly Dividend Distributions; Announces Results of Annual Meeting of StockholdersMay 3, 2023 | seekingalpha.comPhillips Edison & Company, Inc. (PECO) Q1 2023 Earnings Call TranscriptMay 2, 2023 | msn.comPhillips Edison & Company, Inc. (PECO) Tops Q1 FFO and Revenue EstimatesMay 2, 2023 | finance.yahoo.comPhillips Edison & Company Reports First Quarter 2023 Results and Affirms Full Year Earnings GuidanceMay 1, 2023 | finance.yahoo.comBrixmor Property (BRX) Surpasses Q1 FFO and Revenue EstimatesMay 1, 2023 | americanbankingnews.comPhillips Edison & Company, Inc. (PECO) Set to Announce Earnings on TuesdayApril 27, 2023 | msn.comEssential Properties (EPRT) Q1 FFO Match EstimatesApril 14, 2023 | seekingalpha.comPhillips Edison: A Grocery-Anchored Monthly Dividend PayerApril 12, 2023 | americanbankingnews.comPhillips Edison & Company, Inc. (PECO) to Issue Monthly Dividend of $0.09 on May 1stApril 4, 2023 | msn.comPECO announces new facility in Philadelphia for people impacted by autismMarch 26, 2023 | cbsnews.comPECO goes dark for Earth HourMarch 23, 2023 | americanbankingnews.comPhillips Edison & Company, Inc. (NASDAQ:PECO) Coverage Initiated at The Goldman Sachs GroupSee More Headlines PECO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PECO Company Calendar Last Earnings5/05/2022Today6/09/2023Ex-Dividend for 7/3 Dividend6/14/2023Dividend Payable7/03/2023Ex-Dividend for 8/1 Dividend7/14/2023Dividend Payable8/01/2023Next Earnings (Estimated)8/03/2023Fiscal 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$33.17 High Stock Price Forecast$38.00 Low Stock Price Forecast$30.00 Forecasted Upside/Downside+2.7%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.47 Trailing P/E Ratio68.75 Forward P/E Ratio14.05 P/E Growth3.33Net Income$48.32 million Net Margins9.39% Pretax Margin10.57% Return on Equity2.11% Return on Assets1.16% Debt Debt-to-Equity RatioN/A Current Ratio0.01 Quick Ratio0.01 Sales & Book Value Annual Sales$575.37 million Price / Sales6.59 Cash Flow$2.51 per share Price / Cash Flow12.89 Book Value$22.18 per share Price / Book1.46Miscellaneous Outstanding Shares117,300,000Free Float107,975,000Market Cap$3.79 billion OptionableNot Optionable Beta0.53 Key ExecutivesMr. Jeffrey S. Edison (Age 62)Chairman & CEO Comp: $3MMr. Devin Ignatius Murphy (Age 63)Pres Comp: $1.32MMr. John P. Caulfield (Age 41)CFO, Exec. VP & Treasurer Comp: $764.28kMr. Robert F. Myers (Age 50)Exec. VP & COO Comp: $1.31MMs. Tanya E. Brady J.D. (Age 54)Exec. VP, Chief Ethics and Compliance Officer, Gen. Counsel & Sec. Comp: $664.31kMr. Jeffrey T. Brown (Age 63)Chief Accounting Officer Ms. Jennifer L. Robison (Age 46)Sr. VP & Chief Accounting Officer Mr. Kevin McCannChief Information OfficerKim GreenVP of Investor RelationsMs. Cherilyn MegillSr. VP & Chief Marketing OfficerMore ExecutivesKey CompetitorsEssential Properties Realty TrustNYSE:EPRTApple Hospitality REITNYSE:APLEHoward HughesNYSE:HHCGranite Real Estate Inc. StapleNYSE:GRP.UPhysicians Realty TrustNYSE:DOCView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Bought 1,129 shares on 6/1/2023Ownership: 0.152%ProShare Advisors LLCSold 1,287 shares on 5/26/2023Ownership: 0.012%Empower Advisory Group LLCBought 9,344 shares on 5/25/2023Ownership: 0.008%Putnam Investments LLCSold 53,635 shares on 5/22/2023Ownership: 0.068%Ameriprise Financial Inc.Sold 20,957 shares on 5/22/2023Ownership: 0.015%View All Insider TransactionsView All Institutional Transactions 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. 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), U.S. Diversified Real Estate ETF (PPTY), Invesco Active U.S. Real Estate ETF (PSR), FlexShares Global Quality Real Estate Index Fund (GQRE), First Trust US Equity Opportunities ETF (FPX), iShares US Credit Bond ETF (CRED), VictoryShares US Small Mid Cap Value Momentum ETF (USVM) and First Trust S&P REIT Index Fund (FRI). 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Phillips Edison & Company, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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