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

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Phillips Edison & Company, Inc. in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PECO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PECO, but not buy additional shares or sell existing shares.
View PECO analyst ratings or view top-rated stocks.

7 brokers have issued 12-month price objectives for Phillips Edison & Company, Inc.'s shares. Their PECO share price targets range from $32.00 to $44.00. On average, they predict the company's stock price to reach $38.14 in the next twelve months. This suggests a possible upside of 17.7% from the stock's current price.
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Phillips Edison & Company, Inc.'s stock was trading at $36.48 at the beginning of 2024. Since then, PECO stock has decreased by 11.2% and is now trading at $32.41.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our PECO earnings forecast.

Phillips Edison & Company, Inc. will be holding an earnings conference call on Friday, April 26th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Phillips Edison & Company, Inc. (NASDAQ:PECO) issued its quarterly earnings results on Thursday, May, 5th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.50 by $0.41. Phillips Edison & Company, Inc. had a trailing twelve-month return on equity of 2.19% and a net margin of 9.32%.

Phillips Edison & Company, Inc. announced a monthly dividend on Wednesday, February 21st. Stockholders of record on Monday, April 15th will be given a dividend of $0.0975 per share on Wednesday, May 1st. This represents a $1.17 annualized dividend and a yield of 3.61%. The ex-dividend date of this dividend is Friday, April 12th. This is a positive change from the stock's previous monthly dividend of $0.10.
Read our dividend analysis for PECO.

Phillips Edison & Company, Inc. (NASDAQ:PECO) pays an annual dividend of $1.17 per share and currently has a dividend yield of 3.65%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 254.35%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PECO will have a dividend payout ratio of 46.43% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PECO.

ETFs with the largest weight of Phillips Edison & Company, Inc. (NASDAQ:PECO) stock in their portfolio include Fidelity Real Estate Investment ETF (FPRO), Invesco S&P SmallCap Financials ETF (PSCF), Global X Founder-Run Companies ETF (BOSS), Invesco S&P SmallCap Low Volatility ETF (XSLV), U.S. Diversified Real Estate ETF (PPTY), First Trust US Equity Opportunities ETF (FPX), FlexShares Global Quality Real Estate Index Fund (GQRE) and iShares US Credit Bond ETF (CRED).

Phillips Edison & Company, Inc. issued an update on its FY 2024 earnings guidance on Thursday, February, 8th. The company provided EPS guidance of 0.530-0.580 for the period, compared to the consensus estimate of 0.520. The company issued revenue guidance of -.

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

Phillips Edison & Company, Inc.'s stock is owned by a number of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.11%), Wealth Enhancement Advisory Services LLC (0.11%), RMR Wealth Builders (0.07%), Brookstone Capital Management (0.04%), Cooper Financial Group (0.03%) and Calton & Associates Inc. (0.03%). Insiders that own company stock include Leslie T Chao and Paul Massey.
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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.
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