PECO

Financial Performance: Phillips Edison & Company reported a net income of $26.3 million for Q1 2025, with significant year-over-year growth in Nareit FFO and Core FFO, reflecting strong demand for grocery-anchored shopping centers and an increase in same-center NOI by 3.9%.

Portfolio Activity and Guidance: The company acquired six shopping centers totaling $146.4 million and maintained a high occupancy rate of 97.1%. PECO affirmed its full-year 2025 earnings guidance, projecting continued growth in Nareit and Core FFO.

Webcast Announcement: Phillips Edison & Company will host an ICSC Recap webcast on May 22, 2025, at 1:00 p.m. Eastern Time, providing insights from the ICSC Las Vegas event and updates on the leasing environment.

Company Overview: PECO is a leading owner and operator of grocery-anchored shopping centers in the U.S., managing 321 centers with a focus on creating community-oriented shopping experiences.

Financial Performance: Phillips Edison & Company, Inc. (PECO) reported a revenue of $178.31 million for Q1 2025, marking a 10.6% year-over-year increase and an EPS of $0.65, surpassing analyst expectations.

Market Insights: The article highlights the growing demand in the semiconductor industry, projecting significant growth from $452 billion in 2021 to $803 billion by 2028, indicating potential investment opportunities.

Analyst Insights on Phillips Edison & Co: Recent evaluations from four analysts show mixed sentiments towards Phillips Edison & Co, with an average 12-month price target of $37.75, reflecting a decrease from the previous target of $39.50. Analysts have lowered their ratings and price targets in light of evolving market conditions.

Financial Performance Overview: Phillips Edison & Co has demonstrated a positive revenue growth rate of 12.04% but struggles with below-average net margin, return on equity, and return on assets compared to industry standards, indicating potential challenges in profitability and asset management.

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PECO Stock Performance: PECO's stock has a 52-week low of $30.62 and a high of $40.12, with the last trade recorded at $35.79.

Market Insights: The article mentions other dividend stocks that have recently fallen below their 200-day moving average, indicating potential market trends.

Dividend Announcement: Phillips Edison & Company, Inc. declared monthly dividend distributions of $0.1025 per share for its common stock, payable on April 1 and May 1, 2025, to stockholders of record as of March 17 and April 15, 2025, respectively.

Company Overview: PECO is a leading owner and operator of grocery-anchored shopping centers in the U.S., managing 316 centers across 31 states, focusing on providing essential goods and services through a mix of national and regional retailers.

Analyst Ratings: Todd Thomas from KeyBanc maintains a Hold rating on Phillips Edison & Company (PECO), with a current share price of $36.82 and an analyst consensus indicating a Moderate Buy with a price target of $39.83.

Market Performance: The company has experienced a one-year high of $40.12 and a low of $30.62, while Thomas has a 9.0% average return and a 58.76% success rate on his stock recommendations.

Phillips Edison Filing: Phillips Edison (PECO) has filed an automatic mixed securities shelf, indicating potential future capital raising activities.

Financial Performance Insights: The company reported strong financial growth for 2024, with a core FFO forecast for FY25 between $2.52 and $2.59, aligning closely with market consensus.

Financial Performance: Phillips Edison & Company reported a net income of $18.1 million for Q4 2024 and $62.7 million for the full year, with significant growth in Nareit FFO and Core FFO, reflecting strong operational performance and high occupancy rates across their grocery-anchored shopping centers.

2025 Guidance and Strategy: The company anticipates continued growth in 2025, projecting Nareit FFO per share between $2.47 and $2.54, while focusing on internal growth and an expanded acquisition plan to enhance its portfolio of neighborhood shopping centers.

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CNSREIT Acquisition: Cohen & Steers Income Opportunities REIT, Inc. has acquired Oak Grove Shoppes, a grocery-anchored shopping center in Orlando, Florida, through a joint venture with Phillips Edison & Company, targeting $300 million in equity.

Market Growth Potential: The shopping center is strategically located in a high-growth area of Orlando, boasting strong occupancy rates and demand for retail space, supported by a 48,000 square foot Publix grocery store and other essential services.

CNSREIT Acquisition: Cohen & Steers Income Opportunities REIT, Inc. has acquired Oak Grove Shoppes, a grocery-anchored shopping center in Orlando, Florida, through a joint venture with Phillips Edison & Company, targeting $300 million in equity.

Market Growth Potential: The shopping center is strategically located in a high-growth area of Orlando, boasting strong occupancy rates and demand for retail space, supported by a 48,000 square foot Publix grocery store and other essential services.

Tax Reporting Announcement: Phillips Edison & Company (PECO) has released its tax reporting information for 2024 distributions to common stockholders, detailing per share distributions including ordinary dividends and return of capital.

Company Overview: PECO is a leading owner and operator of grocery-anchored shopping centers in the U.S., managing 311 centers with a focus on providing essential goods and services through national and regional retailers.

PECO Stock Performance: PECO's stock has a 52-week low of $30.62 and a high of $40.12, with the last trade recorded at $35.67.

Market Insights: The article mentions other stocks that have recently fallen below their 200-day moving average, indicating broader market trends.

Credit Facility Amendment: Phillips Edison & Company has successfully amended its unsecured revolving credit facility, increasing its size to $1 billion and extending the maturity date to January 9, 2029, with options for further extensions.

Financial Strategy and Growth Plans: The amendment reflects PECO's strong portfolio and liquidity position, positioning the company to accelerate growth and enhance shareholder value through increased acquisition activities.

Earnings Announcement: Phillips Edison & Company, Inc. will release its Fourth Quarter and Full Year 2024 earnings results on February 6, 2025, followed by a conference call on February 7, 2025, at 12:00 p.m. ET.

Company Overview: PECO is a leading owner and operator of grocery-anchored shopping centers in the U.S., managing 311 centers with a focus on providing essential goods and services through national and regional retailers.

Transaction Activity and Acquisitions: Phillips Edison & Company, Inc. reported over $300 million in acquisitions for the quarter ending December 31, 2024, including four shopping centers, aligning with its long-term growth strategy and aiming for a 9% internal rate of return.

Stock Performance: Following the announcement, Phillips Edison shares increased by 1.34%, reflecting a year-over-year gain of over 0.8%, with no property dispositions during the quarter.

Company Performance: Phillips Edison & Company announced over $300 million in acquisitions for 2024, exceeding their revised guidance, with a focus on long-term growth through grocery-anchored shopping centers.

Acquisition Details: In the fourth quarter of 2024, PECO acquired four shopping centers and completed a total of 14 acquisitions throughout the year, aiming to enhance value through increased occupancy and rent growth.

American Homes (AMH) Ratings: Analysts have given American Homes a Hold rating with a price target of $39.00, while the consensus suggests a Moderate Buy with an average price target of $40.50, indicating a potential upside from current levels.

Phillips Edison & Company (PECO) Ratings: Phillips Edison received a Buy rating and a price target of $41.00, with a Moderate Buy consensus rating suggesting a slight increase from its current share price.