Phillips Edison & Company, Inc. (PECO)

Market Cap	4.42B
Revenue (ttm)	567.39M
Net Income (ttm)	29.44M
Shares Out	131.15M
EPS (ttm)	0.24
PE Ratio	140.58
Forward PE	24.94
Dividend	$1.09 (3.24%)
Ex-Dividend Date	Jan 13, 2023

Volume	354,320
Open	33.89
Previous Close	34.34
Day's Range	33.44 - 33.97
52-Week Range	27.07 - 36.31
Beta	0.21
Analysts	Buy
Price Target	36.72 (+8.83%)
Earnings Date	Feb 9, 2023

About PECO

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 appro...

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

Financial Performance

In 2021, PECO's revenue was $532.85 million, an increase of 6.99% compared to the previous year's $498.02 million. Earnings were $15.12 million, an increase of 216.87%.

Analyst Forecast

According to 15 analysts, the average rating for PECO stock is "Buy." The 12-month stock price forecast is $36.72, which is an increase of 8.83% from the latest price.

Price Target

$36.72

(8.83% upside)

Analyst Consensus: Buy