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PECO Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
40.910
Open
40.640
VWAP
40.67
Vol
1.91M
Mkt Cap
5.13B
Low
40.420
Amount
77.54M
EV/EBITDA(TTM)
37.74
Total Shares
126.00M
EV
7.91B
EV/OCF(TTM)
23.06
P/S(TTM)
7.65
Phillips Edison & Company, Inc. is a real estate investment trust (REIT). The Company owns and operates omni-channel grocery-anchored shopping centers. The Company's centers feature a mix of national and regional retailers providing necessity-based goods and services throughout the United States. The Company's top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. The Company manages approximately 326 shopping centers, including 299 wholly-owned centers comprising 33.7 million square feet across 31 states and 27 shopping centers owned in three institutional joint ventures. In addition to managing its shopping centers, its third-party investment management business provides comprehensive real estate management services to the managed funds. The Company conducts substantially all of its business through Phillips Edison Grocery Center Operating Partnership I, L.P. (the Operating Partnership). The Company is a limited partner of the Operating Partnership.
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Events Timeline

(ET)
2026-06-02
08:50:00
Cohen & Steers Acquires Oracle Crossings Shopping Center
select
2026-04-23 (ET)
2026-04-23
16:30:00
PECO Reports Q1 Revenue of $190.741M, Exceeds Expectations
select
2026-04-23
16:30:00
Reaffirms FY26 Same-Center NOI Growth View of 3%-4%
select

News

PRnewswire
8.5
06-02PRnewswire
CNSREIT Acquires Oracle Crossings Shopping Center in Arizona
  • Acquisition Deal: CNSREIT successfully acquires the Oracle Crossings shopping center in Tucson, Arizona, through a joint venture with Phillips Edison & Company, encompassing 266,000 square feet and achieving a 96% occupancy rate.
  • Traffic Advantage: Located at the intersection of Oracle Road and Magee Road, the center sees 66,000 vehicles daily and attracts over 2.1 million annual visitors, highlighting its prime location and consumer potential.
  • Market Growth Potential: The Tucson area has experienced a 1.2% annual population growth and a 3.7% annual median household income growth over the past three years, both exceeding U.S. averages, indicating a diversified economic base that supports long-term profitability for the shopping center.
  • Investment Strategy: CNSREIT focuses on high-quality, necessity-driven shopping centers, and the acquisition of Oracle Crossings not only enhances its portfolio's attractiveness but also aligns with its strategic goal of seeking stable income and long-term growth in retail assets.
Newsfilter
5.0
05-15Newsfilter
Phillips Edison Appoints New VP of Acquisitions
  • Executive Appointment: Phillips Edison has appointed Dan Sutherland as Vice President of Acquisitions for the West region, overseeing investment opportunities in Arizona, California, Nevada, Oregon, and Washington, aimed at expanding the company's portfolio of high-quality grocery-anchored shopping centers.
  • Extensive Experience: Dan brings over 20 years of retail real estate transaction experience, having held senior leadership roles at several prominent firms, successfully driving billions in transactions, showcasing his exceptional capabilities in complex deal-making.
  • Strategic Growth Focus: In his new role, Dan will concentrate on sourcing and executing investment opportunities in fast-growing suburban markets, supporting PECO's ongoing growth strategy and further solidifying its leadership position in the retail REIT sector.
  • Team Excellence: PECO's acquisitions team is widely regarded as a best-in-class leader in the retail REIT sector, leveraging a disciplined in-house approach to drive accretive growth through targeted acquisitions of high-quality shopping centers.
seekingalpha
8.0
05-13seekingalpha
Phillips Edison Declares Monthly Dividend of $0.1083
  • Dividend Declaration: Phillips Edison (PECO) has declared a monthly dividend of $0.1083 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability.
  • Yield Information: The forward yield of 3.29% provides investors with a relatively attractive return, enhancing the company's appeal in the Real Estate Investment Trust (REIT) sector.
  • Payment Schedule: The dividend is payable on August 4, with a record date of July 15 and an ex-dividend date also set for July 15, ensuring that existing shareholders receive their earnings promptly.
  • Dividend Growth Potential: By maintaining consistent dividend payments, PECO demonstrates its commitment to shareholder returns, which may attract more income-seeking investors and further bolster market confidence.
seekingalpha
9.5
04-24seekingalpha
Phillips Edison & Company Reports Strong Q1 2026 Earnings and Raises Guidance
  • Strong Financial Performance: In Q1 2026, Phillips Edison reported Nareit FFO of $92.9 million, translating to $0.67 per share, while core FFO rose to $96.4 million or $0.69 per share, reflecting enhanced profitability in a stable operating environment.
  • Sustained Leasing Demand: The company's overall lease portfolio occupancy remained high at 97.1%, with leased anchor occupancy at 98.4% and new lease rent growth reaching 36.2%, indicating robust market demand and rising rental levels.
  • Optimized Capital Structure: PECO completed a $350 million public debt offering, increasing its fixed-rate debt ratio to 94%, which provides greater flexibility for future capital operations while reducing financing costs.
  • Optimistic Outlook: Management raised the 2026 guidance for Nareit FFO per share to a 5.9% increase and core FFO per share to a 5.8% increase, while reaffirming a same-center NOI growth target of 3% to 4%, demonstrating confidence in future market conditions.
NASDAQ.COM
2.0
04-24NASDAQ.COM
Phillips Edison (PECO) Q1 2026 Earnings Transcript
seekingalpha
9.5
04-23seekingalpha
Phillips Edison Q1 2026 Earnings Exceed Expectations
  • Strong Financial Performance: Phillips Edison reported Q1 FFO of $0.69, beating expectations by $0.02, indicating robust profitability under current market conditions, which is likely to positively impact stock prices.
  • Significant Revenue Growth: The company achieved Q1 revenue of $190.74 million, a 7.0% year-over-year increase, exceeding market expectations by $6.87 million, demonstrating sustained growth potential in retail property management.
  • Updated 2026 Earnings Guidance: PECO revised its 2026 earnings guidance, projecting net income per share between $0.79 and $0.81, reflecting an optimistic outlook on future market conditions, which may attract more investor interest.
  • Active Investment Activity: The company reported acquisitions totaling $125.502 million in Q1, with expectations of $400 million to $500 million for the full year, showcasing a proactive strategy in expanding its asset portfolio.
Wall Street analysts forecast PECO stock price to rise
8 Analyst Rating
Wall Street analysts forecast PECO stock price to rise
2 Buy
6 Hold
0 Sell
Hold
Current: 0.000
sliders
Low
36.00
Averages
39.29
High
43.00
Current: 0.000
sliders
Low
36.00
Averages
39.29
High
43.00
Ladenburg
Floris van Dijkum
Buy
maintain
$44 -> $46
AI Analysis
2026-06-16
New
Reason
Ladenburg
Floris van Dijkum
Price Target
$44 -> $46
AI Analysis
2026-06-16
New
maintain
Buy
Reason
Ladenburg analyst Floris van Dijkum raised the firm's price target on Phillips Edison to $46 from $44 and keeps a Buy rating on the shares.
Wells Fargo
Cooper Clark
Equal Weight
maintain
$40 -> $42
2026-05-26
Reason
Wells Fargo
Cooper Clark
Price Target
$40 -> $42
2026-05-26
maintain
Equal Weight
Reason
Wells Fargo analyst Cooper Clark raised the firm's price target on Phillips Edison to $42 from $40 and keeps an Equal Weight rating on the shares. The firm maintains a positive view on Retail REIT fundamentals into upcoming meetings at June Nareit and continues to have conviction on secular tailwinds for the space. However, Wells notes less attractive relative valuation following outperformance year-to-date.
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Valuation Metrics

The current forward P/E ratio for Phillips Edison & Co Inc (PECO.O) is 72.46, compared to its 5-year average forward P/E of 76.84. For a more detailed relative valuation and DCF analysis to assess Phillips Edison & Co Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
76.84
Current PE
72.46
Overvalued PE
99.60
Undervalued PE
54.08

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
15.71
Current EV/EBITDA
16.32
Overvalued EV/EBITDA
16.84
Undervalued EV/EBITDA
14.59

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
6.39
Current PS
7.01
Overvalued PS
6.84
Undervalued PS
5.94

Financials

AI Analysis
Annual
Quarterly

Whales Holding PECO

E
Engineers Gate Manager LP
Holding
PECO
+2.87%
3M Return

Trading Trends

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Frequently Asked Questions

What is Phillips Edison & Co Inc (PECO) stock price today?

The current price of PECO is 40.69 USD — it has increased 0.49

What is Phillips Edison & Co Inc (PECO)'s business?

Phillips Edison & Company, Inc. is a real estate investment trust (REIT). The Company owns and operates omni-channel grocery-anchored shopping centers. The Company's centers feature a mix of national and regional retailers providing necessity-based goods and services throughout the United States. The Company's top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. The Company manages approximately 326 shopping centers, including 299 wholly-owned centers comprising 33.7 million square feet across 31 states and 27 shopping centers owned in three institutional joint ventures. In addition to managing its shopping centers, its third-party investment management business provides comprehensive real estate management services to the managed funds. The Company conducts substantially all of its business through Phillips Edison Grocery Center Operating Partnership I, L.P. (the Operating Partnership). The Company is a limited partner of the Operating Partnership.

What is the price predicton of PECO Stock?

Wall Street analysts forecast PECO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PECO is39.29 USD with a low forecast of 36.00 USD and a high forecast of 43.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Phillips Edison & Co Inc (PECO)'s revenue for the last quarter?

Phillips Edison & Co Inc revenue for the last quarter amounts to 190.74M USD, increased 6.97

What is Phillips Edison & Co Inc (PECO)'s earnings per share (EPS) for the last quarter?

Phillips Edison & Co Inc. EPS for the last quarter amounts to 0.24 USD, increased 14.29

How many employees does Phillips Edison & Co Inc (PECO). have?

Phillips Edison & Co Inc (PECO) has 320 emplpoyees as of June 21 2026.

What is Phillips Edison & Co Inc (PECO) market cap?

Today PECO has the market capitalization of 5.13B USD.