Phillips Edison & Company, Inc. (PECO)

NASDAQ: PECO · Real-Time Price · USD
35.40
+0.32 (0.91%)
Jun 18, 2025, 1:52 PM - Market open
0.91%
Market Cap 4.90B
Revenue (ttm) 678.40M
Net Income (ttm) 71.32M
Shares Out 138.41M
EPS (ttm) 0.57
PE Ratio 61.57
Forward PE 60.67
Dividend $1.23 (3.47%)
Ex-Dividend Date Jul 15, 2025
Volume 113,199
Open 35.00
Previous Close 35.08
Day's Range 34.98 - 35.43
52-Week Range 31.79 - 40.12
Beta 0.46
Analysts Hold
Price Target 37.60 (+6.22%)
Earnings Date Jul 24, 2025

About PECO

Phillips Edison & Company, Inc. ("PECO") is one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood 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, Albertso... [Read more]

Industry REIT - Retail
Sector Real Estate
IPO Date Jul 15, 2021
Employees 300
Stock Exchange NASDAQ
Ticker Symbol PECO
Full Company Profile

Financial Performance

In 2024, Phillips Edison & Company's revenue was $661.39 million, an increase of 8.40% compared to the previous year's $610.12 million. Earnings were $62.69 million, an increase of 10.27%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for PECO stock is "Hold." The 12-month stock price forecast is $37.6, which is an increase of 6.22% from the latest price.

Price Target
$37.6
(6.22% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Phillips Edison & Company Announces Pricing of Offering of $350 Million Aggregate Principal Amount of 5.250% Senior Unsecured Notes Due 2032

CINCINNATI, June 13, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-anchor...

5 days ago - GlobeNewsWire

Phillips Edison & Company to Present at Nareit REITweek 2025 Investor Conference

CINCINNATI, May 15, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-anchore...

4 weeks ago - GlobeNewsWire

Phillips Edison & Company Declares Monthly Dividend Distributions; Announces Results of Annual Meeting of Stockholders

CINCINNATI, May 01, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-anchore...

6 weeks ago - GlobeNewsWire

Phillips Edison: Defensive REIT That Is Well Positioned In The Current Macro Environment

I give a 'Buy' rating for Phillips Edison due to its strong 1Q25 performance and resilience in an uncertain macroeconomic environment. The Company's portfolio, focused on necessity-driven tenants like...

6 weeks ago - Seeking Alpha

Phillips Edison: Excellent Fundamentals Support Investment Thesis

Phillips Edison & Company, Inc. remains a "Buy" due to its high-quality, grocery-anchored portfolio, strong tenant retention, and solid balance sheet, offering income and growth potential. PECO's Q1 2...

7 weeks ago - Seeking Alpha

Phillips Edison & Company, Inc. (PECO) Q1 2025 Earnings Call Transcript

Phillips Edison & Company, Inc. (NASDAQ:PECO) Q1 2025 Earnings Conference Call April 25, 2025 12:00 PM ET Company Participants Kimberly Green - Head, IR Jeff Edison - Chairman & CEO Bob Myers - Presi...

7 weeks ago - Seeking Alpha

Phillips Edison & Company Reports First Quarter 2025 Results and Affirms Full Year Earnings Guidance

CINCINNATI, April 24, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-ancho...

7 weeks ago - GlobeNewsWire

Phillips Edison & Company to Host ICSC Recap

CINCINNATI, April 23, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-ancho...

7 weeks ago - GlobeNewsWire

Disparate Property Supply In Tampa Creates Selective Opportunity

Tampa's strong job and population growth make it a prime real estate location, but supply and demand dynamics are crucial for investment decisions. The high housing supply in Tampa has led to a tempor...

Other symbols: AMHBFSBXCSRINVHWSR
2 months ago - Seeking Alpha

Phillips Edison & Company Inc. Invites You to Join Its First Quarter 2025 Earnings Conference Call

CINCINNATI, March 25, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-ancho...

3 months ago - GlobeNewsWire

Phillips Edison & Company to Present at Citi's 2025 Global Property CEO Conference

CINCINNATI, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-anchor...

3 months ago - GlobeNewsWire

Phillips Edison & Company to Host PECO GROW Update for Financial Advisors and Retail Investors on February 25

CINCINNATI, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-anchor...

4 months ago - GlobeNewsWire

Phillips Edison & Company Declares Monthly Dividend Distributions

CINCINNATI, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-anchor...

4 months ago - GlobeNewsWire

Phillips Edison: Prime Grocery-Anchored Real Estate At A Great Price

Phillips Edison offers high exposure to grocery-anchored shopping centers, providing a resilient business model with high occupancy and robust lease spreads. PECO's disciplined acquisition strategy an...

4 months ago - Seeking Alpha

REITs Lead On Earnings Uplift

US equity markets posted a mixed performance this week, while benchmark interest rates rebounded from two-month lows, as investors saw grounds for Fed hawkishness across a critical slate of employment...

Other symbols: AVBBDNCDPCPTCUZDEADOC
4 months ago - Seeking Alpha

Phillips Edison & Company, Inc. (PECO) Q4 2024 Earnings Conference Call Transcript

Phillips Edison & Company, Inc. (NASDAQ:PECO) Q4 2024 Earnings Conference Call February 7, 2025 12:00 PM ET Company Participants Kimberly Green - Head of IR Jeff Edison - CEO Bob Myers - President Jo...

4 months ago - Seeking Alpha

Phillips Edison & Company Reports Fourth Quarter and Full Year 2024 Results

CINCINNATI, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-anchor...

4 months ago - GlobeNewsWire

Phillips Edison & Company Announces Tax Reporting Information for 2024 Distributions

CINCINNATI, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-anchor...

5 months ago - GlobeNewsWire

Phillips Edison & Company Announces Maturity Extension and Upsize of $1.0 Billion Unsecured Revolving Credit Facility

CINCINNATI, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-anchor...

5 months ago - GlobeNewsWire

Phillips Edison & Company Inc. Invites You to Join Its Fourth Quarter and Full Year 2024 Earnings Conference Call

CINCINNATI, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-anchor...

5 months ago - GlobeNewsWire

Phillips Edison & Company Provides Update on Fourth Quarter 2024 Transaction Activity; Completes Over $300 Million in Net Acquisitions in 2024

CINCINNATI, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-anchor...

5 months ago - GlobeNewsWire

Phillips Edison & Company Reveals Retail Trends in Commercial Real Estate for 2025

CINCINNATI, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or “the Company”), one of the nation's largest owners and operators of high-quality, grocery-anchor...

6 months ago - GlobeNewsWire

Phillips Edison & Co: Defensive Shopping Center REIT

PECO has delivered over 21% total returns since November 2023, with a current forward yield of 3.12% and a P/FFO multiple of 16.31x. Looking at PECO stock, I question the relative valuation compared t...

7 months ago - Seeking Alpha

Phillips Edison & Company to Host Virtual Business Update

CINCINNATI, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-anchor...

8 months ago - GlobeNewsWire

Phillips Edison & Company Declares Monthly Dividend Distribution

CINCINNATI , Oct. 30, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-ancho...

8 months ago - GlobeNewsWire