Phillips Edison & Company, Inc. (PECO)

Market Cap	4.04B
Revenue (ttm)	610.12M
Net Income (ttm)	56.85M
Shares Out	122.25M
EPS (ttm)	0.48
PE Ratio	68.79
Forward PE	60.75
Dividend	$1.15 (3.49%)
Ex-Dividend Date	Apr 12, 2024

Volume	677,497
Open	32.39
Previous Close	32.41
Day's Range	32.39 - 33.06
52-Week Range	27.85 - 37.92
Beta	0.29
Analysts	Buy
Price Target	38.00 (+15.08%)
Earnings Date	Apr 25, 2024

About PECO

Phillips Edison & Company, Inc. ("PECO") is one of the nation's largest owners and operators of omni-channel grocery-anchored 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, Albertsons and Ahold D...

• Industry: REIT - Retail
• Sector: Real Estate
• IPO Date: Jul 15, 2021
• Employees: 290
• Stock Exchange: NASDAQ
• Ticker Symbol: PECO

Financial Performance

In 2023, PECO's revenue was $610.12 million, an increase of 6.04% compared to the previous year's $575.37 million. Earnings were $56.85 million, an increase of 17.64%.

Analyst Forecast

According to 6 analysts, the average rating for PECO stock is "Buy." The 12-month stock price forecast is $38.0, which is an increase of 15.08% from the latest price.

Price Target

$38.0

(15.08% upside)

Analyst Consensus: Buy