Phillips Edison & Company, Inc. (PECO)

Market Cap	5.19B
Revenue (ttm)	642.79M
Net Income (ttm)	58.08M
Shares Out	136.25M
EPS (ttm)	0.48
PE Ratio	80.12
Forward PE	66.98
Dividend	$1.23 (3.23%)
Ex-Dividend Date	Feb 18, 2025

Volume	1,828,378
Open	37.17
Previous Close	37.55
Day's Range	37.17 - 38.35
52-Week Range	30.62 - 40.12
Beta	0.34
Analysts	Buy
Price Target	38.33 (+0.6%)
Earnings Date	Feb 6, 2025

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
• Website: https://www.phillipsedison.com

Financial Performance

In 2023, Phillips Edison & Company'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 7 analysts, the average rating for PECO stock is "Buy." The 12-month stock price forecast is $38.33, which is an increase of 0.60% from the latest price.

Price Target

$38.33

(0.60% upside)

Analyst Consensus: Buy