Phillips Edison & Company, Inc. (PECO) Projected to Post Earnings on Thursday

Phillips Edison & Company, Inc. (NASDAQ:PECO) is expected to be posting its Q2 2025 quarterly earnings results after the market closes on Thursday, July 24th. Analysts expect Phillips Edison & Company, Inc. to post earnings of $0.63 per share and revenue of $174.38 million for the quarter. Phillips Edison & Company, Inc. has set its FY 2025 guidance at 0.580-0.630 EPS.

Phillips Edison & Company, Inc. (NASDAQ:PECO) last released its quarterly earnings data on Thursday, April 24th. The company reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.02. The company had revenue of $178.31 million for the quarter, compared to analysts’ expectations of $170.59 million. Phillips Edison & Company, Inc. had a net margin of 10.51% and a return on equity of 2.73%. The firm’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same quarter last year, the company earned $0.60 earnings per share. On average, analysts expect Phillips Edison & Company, Inc. to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Phillips Edison & Company, Inc. Price Performance

Shares of Phillips Edison & Company, Inc. stock opened at $34.79 on Thursday. The firm’s fifty day simple moving average is $35.22 and its 200-day simple moving average is $35.68. The stock has a market capitalization of $4.36 billion, a price-to-earnings ratio of 61.04, a PEG ratio of 1.20 and a beta of 0.55. Phillips Edison & Company, Inc. has a 12 month low of $32.40 and a 12 month high of $40.12.

Phillips Edison & Company, Inc. Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 17th were issued a $0.1025 dividend. The ex-dividend date of this dividend was Monday, June 16th. This represents a dividend yield of 3.5%. Phillips Edison & Company, Inc.’s payout ratio is 215.79%.

Hedge Funds Weigh In On Phillips Edison & Company, Inc.

Several institutional investors have recently bought and sold shares of PECO. AQR Capital Management LLC raised its holdings in Phillips Edison & Company, Inc. by 8.2% during the first quarter. AQR Capital Management LLC now owns 11,091 shares of the company’s stock worth $405,000 after purchasing an additional 845 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Phillips Edison & Company, Inc. by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 73,111 shares of the company’s stock worth $2,668,000 after purchasing an additional 3,199 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in Phillips Edison & Company, Inc. during the first quarter worth about $333,000. Finally, Royal Bank of Canada grew its stake in shares of Phillips Edison & Company, Inc. by 12.8% during the 1st quarter. Royal Bank of Canada now owns 81,726 shares of the company’s stock worth $2,982,000 after purchasing an additional 9,250 shares during the period. 80.70% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Wells Fargo & Company cut their target price on shares of Phillips Edison & Company, Inc. from $37.00 to $36.00 and set an “equal weight” rating on the stock in a report on Wednesday, March 26th. Barclays assumed coverage on shares of Phillips Edison & Company, Inc. in a report on Wednesday, July 2nd. They issued an “equal weight” rating and a $37.00 target price on the stock. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $38.67.

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.