Phillips Edison & Company, Inc. (PECO)
Market Cap | 4.88B |
Revenue (ttm) | 678.40M |
Net Income (ttm) | 71.32M |
Shares Out | 138.41M |
EPS (ttm) | 0.57 |
PE Ratio | 61.29 |
Forward PE | 58.80 |
Dividend | $1.23 (3.48%) |
Ex-Dividend Date | Jul 15, 2025 |
Volume | 508,588 |
Open | 35.59 |
Previous Close | 35.51 |
Day's Range | 34.96 - 35.79 |
52-Week Range | 30.62 - 40.12 |
Beta | 0.45 |
Analysts | Buy |
Price Target | 37.67 (+6.93%) |
Earnings Date | Apr 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]
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 StatementsAnalyst Forecast
According to 7 analysts, the average rating for PECO stock is "Buy." The 12-month stock price forecast is $37.67, which is an increase of 6.93% from the latest price.
News

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

Phillips Edison & Company, Inc. (PECO) Q3 2024 Earnings Call Transcript
Phillips Edison & Company, Inc. (NASDAQ:PECO) Q3 2024 Earnings Conference Call October 25, 2024 12:00 PM ET Company Participants Kimberly Green - Head of IR Jeff Edison - CEO Bob Myers - President Jo...

Phillips Edison & Company Reports Third Quarter 2024 Results and Updates Full Year Earnings Guidance
CINCINNATI, Oct. 24, 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-anchore...