Phillips Edison & Company, Inc. (NASDAQ:PECO) Releases FY 2025 Earnings Guidance

Phillips Edison & Company, Inc. (NASDAQ:PECO - Get Free Report) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share guidance of 0.540-0.590 for the period, compared to the consensus earnings per share estimate of 0.450. The company issued revenue guidance of -.

Phillips Edison & Company, Inc. Stock Performance

Shares of PECO traded down $0.42 during mid-day trading on Monday, reaching $36.90. The company had a trading volume of 266,483 shares, compared to its average volume of 557,040. The company has a market capitalization of $4.52 billion, a price-to-earnings ratio of 73.90, a P/E/G ratio of 1.76 and a beta of 0.58. Phillips Edison & Company, Inc. has a 1-year low of $30.62 and a 1-year high of $40.12. The company's 50 day simple moving average is $37.38 and its 200 day simple moving average is $37.21.

Phillips Edison & Company, Inc. (NASDAQ:PECO - Get Free Report) last issued its earnings results on Thursday, February 6th. The company reported $0.62 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.50. Phillips Edison & Company, Inc. had a return on equity of 2.40% and a net margin of 9.48%. As a group, equities analysts forecast that Phillips Edison & Company, Inc. will post 2.55 earnings per share for the current fiscal year.

Phillips Edison & Company, Inc. Increases Dividend

The business also recently declared a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 17th were issued a $0.1025 dividend. This represents a dividend yield of 3.13%. The ex-dividend date was Monday, December 16th. This is a boost from Phillips Edison & Company, Inc.'s previous dividend of $0.10. Phillips Edison & Company, Inc.'s payout ratio is 246.00%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on PECO shares. Mizuho upped their price target on shares of Phillips Edison & Company, Inc. from $39.00 to $41.00 and gave the stock an "outperform" rating in a report on Tuesday, December 10th. Wolfe Research upgraded shares of Phillips Edison & Company, Inc. from a "peer perform" rating to an "outperform" rating and set a $44.00 target price for the company in a report on Wednesday, November 13th. JPMorgan Chase & Co. decreased their price target on shares of Phillips Edison & Company, Inc. from $41.00 to $40.00 and set a "neutral" rating for the company in a research note on Tuesday, January 7th. Finally, Wells Fargo & Company reduced their target price on shares of Phillips Edison & Company, Inc. from $39.00 to $37.00 and set an "equal weight" rating on the stock in a research report on Wednesday, January 29th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $39.50.

Phillips Edison & Company, Inc. Company Profile

Phillips Edison & Co, Inc is a real estate investment trust, which engages in the ownership and operation of shopping centers. It also offers an investment management business providing property management and advisory services. Its portfolio consists of well-occupied, grocery-anchored neighborhood and community shopping centers having a mix of national, regional, and local retailers offering necessity-based goods and services.