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... [Read more]
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%.
Financial StatementsAnalyst 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.
News

Phillips Edison & Company Announces Tax Reporting Information for 2022 Distributions
CINCINNATI, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO”), one of the nation's largest owners and operators of grocery-anchored neighborhood shopping center...

Phillips Edison & Company Reveals Top Shopping Center Trends to Watch in 2023
CINCINNATI--(BUSINESS WIRE)--Phillips Edison & Company (NASDAQ: PECO), one of the nation's largest owners and operators of grocery-anchored shopping centers, today released its findings on the top s...

Phillips Edison & Company, Inc. Invites You To Join Its Fourth Quarter 2022 Earnings Conference Call
CINCINNATI, Dec. 05, 2022 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO”), one of the nation's largest owners and operators of grocery-anchored neighborhood shopping center...

Phillips Edison & Company, Inc. (PECO) Q3 FFO and Revenues Top Estimates
Phillips Edison & Company, Inc. (PECO) delivered FFO and revenue surprises of 9.43% and 2.49%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the ...

Phillips Edison & Company Reports Third Quarter 2022 Results and Raises Full Year Guidance
CINCINNATI, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of grocery-anchored omni-channe...

Phillips Edison & Company to Host PECO GROW Update for Financial Advisors and Retail Investors
CINCINNATI, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO”), one of the nation's largest owners and operators of grocery-anchored neighborhood shopping center...

Phillips Edison & Company, Inc. Invites You to Join Its Third Quarter 2022 Earnings Conference Call
CINCINNATI, Sept. 29, 2022 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO”), one of the nation's largest owners and operators of grocery-anchored neighborhood shopping cente...

Phillips Edison & Company to Present at BofA Securities 2022 Global Real Estate Conference
CINCINNATI, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of omni-channel grocery-anchor...

Phillips Edison & Company Increases Monthly Distribution Rate by 3.7% to $0.0933 Per Share
CINCINNATI, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of grocery-anchored omni-chann...

Phillips Edison & Company, Inc. (PECO) Q2 FFO and Revenues Top Estimates
Phillips Edison & Company, Inc. (PECO) delivered FFO and revenue surprises of 3.70% and 0.64%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock...

Phillips Edison & Company Reports Second Quarter 2022 Results and Raises Core FFO Guidance
CINCINNATI, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of grocery-anchored omni-channe...

Phillips Edison & Company Announces Second Quarter 2022 Earnings Release and Conference Call
CINCINNATI, June 27, 2022 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO”), one of the nation's largest owners and operators of grocery-anchored neighborhood shopping center...

Phillips Edison & Company to Present at Nareit REITweek: 2022 Investor Conference
CINCINNATI, June 03, 2022 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of grocery-anchored omni-channe...

Phillips Edison Receives Green Lease Leaders Gold Recognition
CINCINNATI--(BUSINESS WIRE)--Phillips Edison & Company (Nasdaq: PECO) is pleased to announce that it has received gold-level recognition as a 2022 Green Lease Leader during the Better Buildings, Bette...

Phillips Edison & Company Reveals Top Shopping Center Trends of 2022
CINCINNATI--(BUSINESS WIRE)--Phillips Edison & Company (NASDAQ: PECO), one of the nation's largest owners and operators of grocery-anchored shopping centers, today released its findings on the top sho...

Phillips Edison & Company Increases Unsecured Revolver to $800 Million
CINCINNATI--(BUSINESS WIRE)--Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of grocery-anchored omni-channel neighborhood sh...

Phillips Edison & Company Reports First Quarter 2022 Results and Raises Guidance Midpoint
CINCINNATI, May 05, 2022 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of grocery-anchored omni-channel...

Phillips Edison & Company Announces First Quarter 2022 Earnings Release and Conference Call
CINCINNATI , March 24, 2022 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO”), one of the nation's largest owners and operators of grocery-anchored neighborhood shopping cent...

Phillips Edison & Company to Present at the Citi 2022 Global Property CEO Conference
CINCINNATI, March 03, 2022 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of grocery-anchored omni-chann...

Phillips Edison & Company Reports Fourth Quarter and Full Year 2021 Results; Provides 2022 Guidance
CINCINNATI, Feb. 10, 2022 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of grocery-anchored omni-channe...

Phillips Edison & Company Issues Tax Reporting Information for 2021 Distributions
CINCINNATI, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of grocery-anchored omni-channe...

Phillips Edison & Company to Issue Fourth Quarter 2021 Earnings Release and Host Results Presentation
CINCINNATI, Jan. 11, 2022 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO”), one of the nation's largest owners and operators of grocery-anchored neighborhood shopping center...

Phillips Edison & Company Provides Transaction Activity Update for 2021
CINCINNATI, Jan. 05, 2022 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of grocery-anchored omni-channe...

Phillips Edison & Company Announces Conversion Date of Class B Common Stock into Nasdaq-Listed Common Stock
CINCINNATI, Dec. 09, 2021 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of grocery-anchored omni-channe...

Phillips Edison Reveals Top Retail Shopping Center Trends to Watch in 2022
CINCINNATI--(BUSINESS WIRE)--Phillips Edison & Company (NASDAQ: PECO), one of the nation's largest owners and operators of grocery-anchored shopping centers, released today its insights on the top sho...