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S&P 500   3,744.52
DOW   29,926.94
QQQ   279.76
Free Webinar | October 11: How to Break Barriers
Live Updates: Russia-Ukraine War
Box Inc. Stock on Track to Become a Q4 Winner
Don’t Chase American Virtual Cloud Technologies Higher
3 Stocks With Market-Beating Price Performance
Is Ford's Revenue Enough to Juice its Stock Price?
Will WWE Shares Wrestle Their Way Higher or Will They Tap Out?
S&P 500   3,744.52
DOW   29,926.94
QQQ   279.76
Free Webinar | October 11: How to Break Barriers
Live Updates: Russia-Ukraine War
Box Inc. Stock on Track to Become a Q4 Winner
Don’t Chase American Virtual Cloud Technologies Higher
3 Stocks With Market-Beating Price Performance
Is Ford's Revenue Enough to Juice its Stock Price?
Will WWE Shares Wrestle Their Way Higher or Will They Tap Out?
S&P 500   3,744.52
DOW   29,926.94
QQQ   279.76
Free Webinar | October 11: How to Break Barriers
Live Updates: Russia-Ukraine War
Box Inc. Stock on Track to Become a Q4 Winner
Don’t Chase American Virtual Cloud Technologies Higher
3 Stocks With Market-Beating Price Performance
Is Ford's Revenue Enough to Juice its Stock Price?
Will WWE Shares Wrestle Their Way Higher or Will They Tap Out?
NASDAQ:PECO

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

$28.25
-0.59 (-2.05%)
(As of 10/6/2022 12:00 AM ET)
Add
Compare
Today's Range
$28.02
$28.95
50-Day Range
$27.33
$34.61
52-Week Range
$27.07
$36.35
Volume
539,144 shs
Average Volume
797,428 shs
Market Capitalization
$3.20 billion
P/E Ratio
97.41
Dividend Yield
3.88%
Price Target
$34.40

Phillips Edison & Company, Inc. MarketRank™ Forecast

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
21.8% Upside
$34.40 Price Target
Short Interest
Bearish
5.48% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
2.69%
From $2.23 to $2.29 Per Share

Overall MarketRank

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

1.97 out of 5 stars

Finance Sector

695th out of 882 stocks

Real Estate Investment Trusts Industry

165th out of 193 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.

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PECO Stock News Headlines

Phillips Edison raises dividend by 3.7% to $0.0933
Phillips Edison goes ex-dividend tomorrow
See More Headlines
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PECO Company Calendar

Last Earnings
5/05/2022
Ex-Dividend for 10/3 Dividend
9/15/2022
Dividend Payable
10/03/2022
Today
10/07/2022
Ex-Dividend for 11/1 Dividend
10/14/2022
Dividend Payable
11/01/2022
Next Earnings (Confirmed)
11/03/2022
Fiscal Year End
12/31/2022

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
$34.40
High Stock Price Forecast
$35.00
Low Stock Price Forecast
$34.00
Forecasted Upside/Downside
+21.8%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$15.12 million
Pretax Margin
6.75%

Debt

Sales & Book Value

Annual Sales
$532.85 million
Cash Flow
$2.07 per share
Book Value
$21.87 per share

Miscellaneous

Free Float
104,441,000
Market Cap
$3.20 billion
Optionable
Not Optionable
Beta
0.54

Key Executives

  • Mr. Jeffrey S. Edison (Age 61)
    Chairman & CEO
    Comp: $3M
  • Mr. Devin Ignatius Murphy (Age 62)
    Pres
    Comp: $1.32M
  • Mr. John P. Caulfield (Age 40)
    CFO, Exec. VP & Treasurer
    Comp: $764.28k
  • Mr. Robert F. Myers (Age 49)
    Exec. VP & COO
    Comp: $1.31M
  • Ms. Tanya E. Brady J.D. (Age 53)
    Exec. VP, Chief Ethics and Compliance Officer, Gen. Counsel & Sec.
    Comp: $664.31k
  • Mr. Jeffrey T. Brown (Age 62)
    Chief Accounting Officer
  • Ms. Jennifer L. Robison (Age 45)
    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 year. There are currently 5 hold ratings and 1 buy rating 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 2022?

6 Wall Street research analysts have issued 1 year price objectives for Phillips Edison & Company, Inc.'s stock. Their PECO share price forecasts range from $34.00 to $35.00. On average, they predict the company's share price to reach $34.40 in the next year. This suggests a possible upside of 21.8% 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 2022?

Phillips Edison & Company, Inc.'s stock was trading at $33.04 at the beginning of 2022. Since then, PECO shares have decreased by 14.5% and is now trading at $28.25.
View the best growth stocks for 2022 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 3rd 2022.
View our PECO earnings forecast
.

How can I listen to Phillips Edison & Company, Inc.'s earnings call?

Phillips Edison & Company, Inc. will be holding an earnings conference call on Friday, November 4th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link.

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

Phillips Edison & Company, Inc. (NASDAQ:PECO) released its quarterly earnings data 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 1.31% and a net margin of 5.96%.

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 6th. Stockholders of record on Monday, October 17th will be paid a dividend of $0.0933 per share on Tuesday, November 1st. This represents a $1.12 dividend on an annualized basis and a yield of 3.96%. The ex-dividend date of this dividend is Friday, October 14th. This is a positive change from the stock's previous monthly dividend of $0.09.
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 3.88%. The dividend payout ratio is 386.21%. 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 48.91% 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. updated its FY 2022 earnings guidance on Thursday, September, 1st. The company provided earnings per share guidance of $0.34-$0.40 for the period. 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 retail and institutional investors. Top institutional investors include Beacon Capital Management LLC (0.03%).

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 $28.25.

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

Phillips Edison & Company, Inc. (NASDAQ:PECO) has a market capitalization of $3.20 billion and generates $532.85 million in revenue each year. The company earns $15.12 million in net income (profit) each year or $0.29 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 10/7/2022 by MarketBeat.com Staff

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