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

Company Overview

Phillips Edison & Company, Inc. is a real estate investment trust (REIT) specializing in the acquisition, development and management of grocery-anchored shopping centers throughout the United States. The company focuses on open-air properties anchored primarily by grocery retailers, supplemented by non-discretionary tenants such as drug stores, discount retailers, and fitness centers. By concentrating on necessity-based retail hubs, Phillips Edison & Company aims to deliver stable cash flows and long-term value creation for its shareholders.

Founded in 1991 by Michael G. Phillips and Michael A. Edison, the company began as a privately held real estate enterprise managing a portfolio of grocery-anchored assets. Over time, it expanded its footprint through disciplined capital deployment and strategic joint ventures. In 2013, Phillips Edison & Company completed its initial public offering, transitioning to a publicly traded REIT under the NASDAQ ticker PECO. This shift enabled broader access to capital markets, fueling further growth and diversification across multiple regions.

Today, Phillips Edison & Company owns and operates properties in more than 30 states, with a concentration in the Midwest, Southeast and Southwest regions. In addition to property ownership, the company offers third-party net lease asset management and preferred equity solutions, leveraging its in-house expertise in leasing, construction oversight and portfolio management. These services allow institutional and private capital partners to benefit from Phillips Edison’s experience in underwriting, due diligence and day-to-day operations.

The firm’s leadership team comprises industry veterans with extensive backgrounds in retail real estate investment, property management and capital markets. Guided by a board and executive management with decades of collective experience, Phillips Edison & Company emphasizes a disciplined underwriting process, tenant diversity and proactive asset management. This approach underpins the company’s strategy to maintain resilient, necessity-based retail portfolios in dynamic market environments.

Key Stats

• Today's Range: $35.03 to $35.46
• 50-Day Range: $33.94 to $36.39
• 52-Week Range: $31.98 to $40.12
• Volume: 441,201 shs
• Average Volume: 732,298 shs
• Market Capitalization: $4.41 billion
• P/E Ratio: 61.73
• Dividend Yield: 3.50%
• Price Target: $38.67
• Consensus Rating: Hold

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

Phillips Edison & Company, Inc. scored higher than 33% of companies evaluated by MarketBeat, and ranked 2371st out of 2,763 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: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Phillips 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 Coverage

Phillips Edison & Company, Inc. has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: 5.10%

Earnings Growth

Earnings for Phillips Edison & Company, Inc. are expected to grow by 5.10% in the coming year, from $2.55 to $2.68 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Phillips Edison & Company, Inc. is 61.73, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.53.

Price to Earnings Ratio vs. Sector

The P/E ratio of Phillips Edison & Company, Inc. is 61.73, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 20.07.

Price to Earnings Growth Ratio

Phillips Edison & Company, Inc. has a PEG Ratio of 1.23. 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 1.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.17% 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 4.5.

Change versus previous month

Short interest in Phillips Edison & Company, Inc. has recently decreased by 7.93%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Phillips Edison & Company, Inc. is a leading dividend payer. It pays a dividend yield of 3.50%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Phillips Edison & Company, Inc. has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of Phillips Edison & Company, Inc. is 215.79%. 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 45.90% 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

3.17% 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 4.5.

Change versus previous month

Short interest in Phillips Edison & Company, Inc. has recently decreased by 7.93%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.57

News Sentiment

Phillips Edison & Company, Inc. has a news sentiment score of 0.57. 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 news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Phillips Edison & Company, Inc. this week, compared to 6 articles on an average week.

Search Interest

Only 1 people have searched for PECO on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

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 7.95% 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 6.1% and is now trading at $35.1850.

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

Phillips Edison & Company, Inc. (NASDAQ:PECO) announced its quarterly earnings results on Thursday, April, 24th. The company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.02. The firm's revenue for the quarter was up 10.2% on a year-over-year basis.
Read the conference call transcript.

When did Phillips Edison & Company, Inc. IPO?

Phillips Edison & Company, Inc. (PECO) raised $502 million in an initial public offering (IPO) on Friday, July 16th 2021. The company issued 17,000,000 shares at a price of $28.00-$31.00 per share.

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: 4/24/2025
• Ex-Dividend for 7/1 Dividend: 6/16/2025
• Record date for 7/1 Dividend: 6/17/2025
• Dividend Payable: 7/01/2025
• Today: 7/04/2025
• Record date for 8/1 Dividend: 7/15/2025
• Ex-Dividend for 8/1 Dividend: 7/15/2025
• Next Earnings (Estimated): 7/24/2025
• Dividend Payable: 8/01/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: REIT - EQTY TRUST - RETAIL
• Sub-Industry: Trading
• Current Symbol: NASDAQ:PECO
• 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: $38.67
• High Stock Price Target: $44.00
• Low Stock Price Target: $36.00
• Potential Upside/Downside: +9.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.57
• Trailing P/E Ratio: 61.73
• Forward P/E Ratio: 13.80
• P/E Growth: 1.23
• Net Income: $62.69 million
• Net Margins: 10.51%
• Pretax Margin: 11.64%
• Return on Equity: 2.73%
• Return on Assets: 1.42%

Debt

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

Sales & Book Value

• Annual Sales: $678.40 million
• Price / Sales: 6.50
• Cash Flow: $2.59 per share
• Price / Cash Flow: 13.57
• Book Value: $21.48 per share
• Price / Book: 1.64

Miscellaneous

• Outstanding Shares: 125,400,000
• Free Float: 115,431,000
• Market Cap: $4.41 billion
• Optionable: Optionable
• Beta: 0.55