Phillips Edison & Company, Inc. (PECO) Stock Price, News & Analysis

Company Overview

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. The company was founded by Jeffrey S. Edison and Michael C. Phillips in 1991 and is headquartered in Cincinnati, OH.

Key Stats

• Today's Range: $35.70 to $36.34
• 50-Day Range: $35.46 to $39.80
• 52-Week Range: $30.62 to $40.12
• Volume: 642,761 shs
• Average Volume: 579,360 shs
• Market Capitalization: $4.39 billion
• P/E Ratio: 77.80
• Dividend Yield: 3.44%
• Price Target: $39.50
• Consensus Rating: Moderate Buy

Phillips Edison & Company, Inc. Stock Analysis - MarketRank™

Phillips Edison & Company, Inc. scored higher than 65% of companies evaluated by MarketBeat, and ranked 500th out of 948 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Phillips Edison & Company, Inc. has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Phillips Edison & Company, Inc. has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 4.53%

Earnings Growth

Earnings for Phillips Edison & Company, Inc. are expected to grow by 4.53% in the coming year, from $2.43 to $2.54 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Phillips Edison & Company, Inc. is 77.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of Phillips Edison & Company, Inc. is 77.80, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 25.24.

Price to Earnings Growth Ratio

Phillips Edison & Company, Inc. has a PEG Ratio of 2.94. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Phillips Edison & Company, Inc. has a P/B Ratio of 1.65. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.56% of the float of Phillips Edison & Company, Inc. has been sold short.

Short Interest Ratio / Days to Cover

Phillips Edison & Company, Inc. has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Phillips Edison & Company, Inc. has recently decreased by 35.15%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Phillips Edison & Company, Inc. pays a meaningful dividend of 3.46%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Phillips Edison & Company, Inc. does not have a long track record of dividend growth.

Dividend Coverage

The 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 Sustainability

Based 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.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.56% of the float of Phillips Edison & Company, Inc. has been sold short.

Short Interest Ratio / Days to Cover

Phillips Edison & Company, Inc. has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Phillips Edison & Company, Inc. has recently decreased by 35.15%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.98

News Sentiment

Phillips Edison & Company, Inc. has a news sentiment score of 0.98. 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 0.59 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Phillips Edison & Company, Inc. this week, compared to 4 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Phillips Edison & Company, Inc. insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 7.85% of the stock of Phillips Edison & Company, Inc. is held by insiders.

Percentage Held by Institutions

80.70% 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.

PECO Stock Analysis - Frequently Asked Questions

How have PECO shares performed this year?

Phillips Edison & Company, Inc.'s stock was trading at $37.46 at the beginning of the year. Since then, PECO stock has decreased by 4.5% and is now trading at $35.79.
View the best growth stocks for 2025 here.

How were Phillips Edison & Company, Inc.'s earnings last quarter?

Phillips Edison & Company, Inc. (NASDAQ:PECO) released its quarterly earnings results on Thursday, October, 24th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.61 by $0.52. The business's quarterly revenue was up 8.5% compared to the same quarter last year.

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 a price of $28.00-$31.00 per share.

Who are Phillips Edison & Company, Inc.'s major shareholders?

Top institutional investors of Phillips Edison & Company, Inc. include Wealth Enhancement Advisory Services LLC (0.08%), Ameritas Advisory Services LLC (0.07%), Diversify Wealth Management LLC (0.06%) and Harbor Capital Advisors Inc. (0.06%). 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.

What other stocks do shareholders of Phillips Edison & Company, Inc. own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Phillips Edison & Company, Inc. investors own include Meta Platforms (META), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Tesla (TSLA), Home Depot (HD), Netflix (NFLX) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 10/24/2024
• Ex-Dividend for 1/3 Dividend: 12/16/2024
• Dividend Payable: 1/03/2025
• Today: 1/20/2025
• Next Earnings (Estimated): 2/06/2025
• Ex-Dividend for 3/4 Dividend: 2/18/2025
• Dividend Payable: 3/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NASDAQ:PECO
• CUSIP: N/A
• CIK: 1476204
• Web: www.phillipsedison.com
• Phone: 513-554-1110
• Fax: N/A
• Employees: 290
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $39.50
• High Stock Price Target: $44.00
• Low Stock Price Target: $37.00
• Potential Upside/Downside: +10.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.46
• Trailing P/E Ratio: 77.80
• Forward P/E Ratio: 14.73
• P/E Growth: 2.94
• Net Income: $56.85 million
• Net Margins: 9.03%
• Pretax Margin: 10.07%
• Return on Equity: 2.22%
• Return on Assets: 1.18%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $610.12 million
• Price / Sales: 7.19
• Cash Flow: $2.43 per share
• Price / Cash Flow: 14.70
• Book Value: $21.75 per share
• Price / Book: 1.65

Miscellaneous

• Outstanding Shares: 122,600,000
• Free Float: 112,976,000
• Market Cap: $4.39 billion
• Optionable: Optionable
• Beta: 0.59