NASDAQ:PECO Phillips Edison & Company, Inc. (PECO) Stock Price, News & Analysis $37.08 -0.09 (-0.24%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$36.61▼$37.3750-Day Range$32.10▼$37.1752-Week Range$30.62▼$37.92Volume496,988 shsAverage Volume663,434 shsMarket Capitalization$4.54 billionP/E Ratio80.61Dividend Yield3.32%Price Target$37.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Phillips Edison & Company, Inc. alerts: Email Address Phillips Edison & Company, Inc. MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside0.7% Upside$37.33 Price TargetShort InterestBearish3.08% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.24Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth5.39%From $2.41 to $2.54 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.82 out of 5 starsFinance Sector790th out of 871 stocksReal Estate Investment Trusts Industry154th out of 178 stocks 1.2 Analyst's Opinion Consensus RatingPhillips Edison & Company, Inc. has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoveragePhillips Edison & Company, Inc. has only been the subject of 2 research reports in the past 90 days.Read more about Phillips Edison & Company, Inc.'s stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.08% of the float of Phillips Edison & Company, Inc. has been sold short.Short Interest Ratio / Days to CoverPhillips Edison & Company, Inc. has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in Phillips Edison & Company, Inc. has recently increased by 13.98%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldPhillips Edison & Company, Inc. pays a meaningful dividend of 3.18%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPhillips Edison & Company, Inc. does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Phillips Edison & Company, Inc. is 267.39%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Phillips Edison & Company, Inc. will have a dividend payout ratio of 48.43% next year. This indicates that Phillips Edison & Company, Inc. will be able to sustain or increase its dividend.Read more about Phillips Edison & Company, Inc.'s dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PECO. Previous Next 2.9 News and Social Media Coverage News SentimentPhillips Edison & Company, Inc. has a news sentiment score of 1.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Phillips Edison & Company, Inc. this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for PECO on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Phillips Edison & Company, Inc. to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Phillips Edison & Company, Inc. insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.95% of the stock of Phillips Edison & Company, Inc. is held by insiders.Percentage Held by Institutions80.70% of the stock of Phillips Edison & Company, Inc. is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Phillips Edison & Company, Inc.'s insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Phillips Edison & Company, Inc. are expected to grow by 5.39% in the coming year, from $2.41 to $2.54 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Phillips Edison & Company, Inc. is 80.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Phillips Edison & Company, Inc. is 80.61, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 32.64.Price to Earnings Growth RatioPhillips Edison & Company, Inc. has a PEG Ratio of 3.51. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPhillips Edison & Company, Inc. has a P/B Ratio of 1.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Phillips Edison & Company, Inc.'s valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyTrump’s weapon lurks in abandoned AmericaUnemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…Go here now to watch my new documentary About Phillips Edison & Company, Inc. Stock (NASDAQ: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 Delhaize. As of December 31, 2023, PECO managed 301 shopping centers, including 281 wholly-owned centers comprising 32.2 million square feet across 31 states and 20 shopping centers owned in one institutional joint venture. PECO is exclusively focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time.Read More PECO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PECO Stock News HeadlinesSeptember 4 at 1:17 PM | marketwatch.comPhillips Edison & Company Increases Monthly Dividend by 5%September 3, 2024 | globenewswire.comPhillips Edison & Company Increases Monthly Dividend Distribution by 5.1% to $0.1025 Per Common ShareSeptember 7, 2024 | Porter & Company (Ad)Why billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. August 29, 2024 | globenewswire.comPhillips Edison & Company to Present at BofA Securities 2024 Global Real Estate ConferenceAugust 29, 2024 | americanbankingnews.comPhillips Edison & Company, Inc. (NASDAQ:PECO) Upgraded to Equal Weight at Wells Fargo & CompanyAugust 28, 2024 | msn.comKite Realty, Phillips Edison upgraded at Wells Fargo on FFO growthAugust 8, 2024 | markets.businessinsider.comPhillips Edison & Company Upgraded by S&P to ‘BBB’ with Stable OutlookAugust 8, 2024 | globenewswire.comPhillips Edison & Company Upgraded by S&P to ‘BBB' with Stable OutlookSeptember 7, 2024 | Porter & Company (Ad)Why billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. August 8, 2024 | investorplace.com3 REITs to Sell Before You Regret ItJuly 31, 2024 | globenewswire.comPhillips Edison & Company Declares Monthly Dividend DistributionJuly 31, 2024 | seekingalpha.comPhillips Edison Q2 Earnings: Slow And Steady Wins The RaceJuly 26, 2024 | seekingalpha.comPhillips Edison & Company, Inc. 2024 Q2 - Results - Earnings Call PresentationJuly 25, 2024 | finance.yahoo.comCohen & Steers Income Opportunities REIT, Inc. Acquires Grocery-Anchored Shopping Center in Partnership with Phillips Edison & CompanyJuly 25, 2024 | finance.yahoo.comPhillips Edison & Company Acquires Grocery-Anchored Shopping Center in Partnership with Cohen & Steers Income Opportunities REIT, Inc.July 25, 2024 | globenewswire.comPhillips Edison & Company Reports Second Quarter 2024 Results and Reaffirms Full Year Earnings GuidanceJuly 25, 2024 | globenewswire.comPhillips Edison & Company Acquires Grocery-Anchored Shopping Center in Partnership with Cohen & Steers Income Opportunities REIT, Inc.July 25, 2024 | markets.businessinsider.comPhillips Edison Company is about to announce its earnings — here's what to expectSee More Headlines Receive PECO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Phillips Edison & Company, Inc. and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/25/2024Today9/07/2024Ex-Dividend for 10/1 Dividend9/16/2024Dividend Payable10/01/2024Ex-Dividend for 11/1 Dividend10/15/2024Next Earnings (Estimated)10/29/2024Dividend Payable11/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Real estate investment trusts Sub-IndustryTrading Current SymbolNASDAQ:PECO CUSIPN/A CIK1476204 Webwww.phillipsedison.com Phone513-554-1110FaxN/AEmployees290Year FoundedN/APrice Target and Rating Average Stock Price Target$37.33 High Stock Price Target$40.00 Low Stock Price Target$36.00 Potential Upside/Downside+0.7%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.46 Trailing P/E Ratio80.61 Forward P/E Ratio15.39 P/E Growth3.51Net Income$56.85 million Net Margins9.32% Pretax Margin10.41% Return on Equity2.23% Return on Assets1.21% Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$629.74 million Price / Sales7.21 Cash Flow$2.43 per share Price / Cash Flow15.28 Book Value$21.75 per share Price / Book1.70Miscellaneous Outstanding Shares122,400,000Free Float112,669,000Market Cap$4.54 billion OptionableOptionable Beta0.57 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Jeffrey S. Edison (Age 63)Chairman & CEO Comp: $2.97MMr. Robert F. Myers (Age 50)President Comp: $1.29MMr. John P. Caulfield (Age 42)CFO, Executive VP & Treasurer Comp: $795.43kMr. Devin Ignatius Murphy (Age 64)Managing Director of Investment Management Comp: $1.24MMs. Tanya E. Brady J.D. (Age 55)Executive VP, General Counsel & Secretary Comp: $674.33kMr. Joseph G. SchlosserExecutive VP & COOMs. Jennifer L. Robison (Age 47)Senior VP & Chief Accounting Officer Mr. Kevin J. McCannChief Information OfficerKim GreenVice President of Investor RelationsMs. Cherilyn K. Megill CMDCRX, Senior VP & Chief Marketing OfficerMore ExecutivesKey CompetitorsWeingarten Realty InvestorsNYSE:WRIKite Realty Group TrustNYSE:KRGMacerichNYSE:MACRetail Properties of AmericaNYSE:RPAITaubman CentersNYSE:TCOView All CompetitorsInstitutional OwnershipSanctuary Advisors LLCBought 7,089 shares on 9/5/2024Ownership: 0.006%Teachers Retirement System of The State of KentuckyBought 7,365 shares on 8/26/2024Ownership: 0.086%Cetera Investment AdvisersSold 268,876 shares on 8/22/2024Ownership: 0.736%Advisory Alpha LLCSold 2,897 shares on 8/21/2024Ownership: 0.006%B. Riley Wealth Advisors Inc.Bought 3,819 shares on 8/19/2024Ownership: 0.018%View All Institutional Transactions PECO Stock Analysis - Frequently Asked Questions How have PECO shares performed this year? Phillips Edison & Company, Inc.'s stock was trading at $36.48 on January 1st, 2024. Since then, PECO shares have increased by 1.6% and is now trading at $37.08. View the best growth stocks for 2024 here. How were Phillips Edison & Company, Inc.'s earnings last quarter? Phillips Edison & Company, Inc. (NASDAQ:PECO) posted its quarterly earnings results on Thursday, July, 25th. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.60 by $0.48. The business's quarterly revenue was up 6.2% on a year-over-year basis. When did Phillips Edison & Company, Inc. IPO? Phillips Edison & Company, Inc. (PECO) raised $502 million in an IPO on Friday, July 16th 2021. The company issued 17,000,000 shares at $28.00-$31.00 per share. Who are Phillips Edison & Company, Inc.'s major shareholders? Phillips Edison & Company, Inc.'s top institutional investors include Dimensional Fund Advisors LP (1.02%), Bank of New York Mellon Corp (0.90%), Massachusetts Financial Services Co. MA (0.86%) and Duff & Phelps Investment Management Co. (0.80%). Insiders that own company stock include Leslie T Chao and Paul Massey. View institutional ownership trends. How do I buy shares of Phillips Edison & Company, Inc.? Shares of PECO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:PECO) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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