Phillips Edison & Company, Inc. (NASDAQ:PECO – Get Free Report) has earned an average recommendation of “Hold” from the ten analysts that are currently covering the firm, Marketbeat reports. Six analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $43.30.
A number of analysts have recently issued reports on PECO shares. Evercore restated an “outperform” rating on shares of Phillips Edison & Company, Inc. in a report on Monday, September 21st. Morgan Stanley upped their price objective on shares of Phillips Edison & Company, Inc. from $38.00 to $42.00 and gave the stock an “equal weight” rating in a report on Friday, July 10th. JPMorgan Chase & Co. lifted their price objective on Phillips Edison & Company, Inc. from $41.00 to $46.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 4th. Mizuho reduced their price objective on Phillips Edison & Company, Inc. from $43.00 to $39.00 and set an “outperform” rating for the company in a research report on Thursday, September 24th. Finally, The Goldman Sachs Group set a $44.00 price objective on Phillips Edison & Company, Inc. in a report on Wednesday, October 7th.
Read Our Latest Research Report on PECO
Phillips Edison & Company, Inc. Price Performance
Shares of Phillips Edison & Company, Inc. stock opened at $37.79 on Tuesday. The company has a market capitalization of $4.86 billion, a P/E ratio of 32.86, a PEG ratio of 1.94 and a beta of 0.52. The business’s fifty day moving average price is $38.42 and its two-hundred day moving average price is $39.89. Phillips Edison & Company, Inc. has a 1-year low of $33.10 and a 1-year high of $44.38.
Phillips Edison & Company, Inc. (NASDAQ:PECO – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.35). Phillips Edison & Company, Inc. had a net margin of 19.14% and a return on equity of 5.52%. The firm had revenue of $189.62 million during the quarter, compared to analyst estimates of $187.46 million. During the same quarter last year, the company earned $0.64 EPS. The company’s quarterly revenue was up 6.7% compared to the same quarter last year. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.950-0.970 EPS. On average, research analysts expect that Phillips Edison & Company, Inc. will post 2.77 earnings per share for the current fiscal year.
Phillips Edison & Company, Inc. Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Monday, November 16th will be given a dividend of $0.1150 per share. The ex-dividend date is Monday, November 16th. This represents a $1.38 annualized dividend and a dividend yield of 3.7%. Phillips Edison & Company, Inc.’s payout ratio is presently 120.00%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Waverly Advisors LLC raised its position in Phillips Edison & Company, Inc. by 0.8% in the first quarter. Waverly Advisors LLC now owns 35,466 shares of the company’s stock valued at $1,327,000 after purchasing an additional 269 shares during the period. Integrated Wealth Concepts LLC increased its holdings in Phillips Edison & Company, Inc. by 2.6% in the second quarter. Integrated Wealth Concepts LLC now owns 11,205 shares of the company’s stock valued at $466,000 after buying an additional 281 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Phillips Edison & Company, Inc. by 5.9% during the 2nd quarter. GAMMA Investing LLC now owns 5,245 shares of the company’s stock worth $218,000 after acquiring an additional 292 shares in the last quarter. CX Institutional boosted its stake in Phillips Edison & Company, Inc. by 115.5% in the second quarter. CX Institutional now owns 724 shares of the company’s stock valued at $30,000 after acquiring an additional 388 shares in the last quarter. Finally, Earned Wealth Advisors LLC boosted its holdings in shares of Phillips Edison & Company, Inc. by 1.0% in the first quarter. Earned Wealth Advisors LLC now owns 43,172 shares of the company’s stock valued at $1,615,000 after acquiring an additional 420 shares during the period. Institutional investors own 80.70% of the company’s stock.
Phillips Edison & Company, Inc. Company Profile
Phillips Edison & Company, Inc is a real estate investment trust focused on owning, operating and developing grocery-anchored shopping centers in the United States. Its properties are typically located in established communities and are designed to provide consumers with convenient access to essential goods and services.
The company’s portfolio includes neighborhood and community shopping centers anchored by grocery stores, alongside complementary tenants such as restaurants, personal care providers, medical offices and other service-oriented businesses.
See Also
- Five stocks we like better than Phillips Edison & Company, Inc.
- Amprius Technologies’ Next Big Rally Could Be Taking Shape
- 4 Stocks With Demand So Sticky That the AI Sell-Off Barely Touched Them at All
- Tesla’s Roadster Reveal Hints at 2 Much Bigger Moves
- The AI Sell-Off Continues—These 3 Stocks Keep Raising Guidance Anyway
Receive News & Ratings for Phillips Edison & Company Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Phillips Edison & Company Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
