Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Phillips Edison & Company, Inc. Market Cap
The Phillips Edison & Company, Inc. (PECO) share price is expected to increase by 3.28% over the next year. This is based on calculating the average 12-month share price estimate provided by 11 stock analysts who have covered PECO. Price targets range from $35 at the low end to $46 at the high end. The current analyst consensus for PECO is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 11 Wall Street analysts have assigned PECO 5 buy ratings, 6 hold ratings, and 0 sell ratings. This means that analysts expect Phillips Edison & Company, Inc. to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on PECO. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of PECO.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Andrew Rosivach Wolfe Research | Outperform | Upgrade | Nov 13, 2024 | |
| Floris Van Dijkum Compass Point | Neutral | $37 | Maintains | Sep 10, 2024 |
| Tammi Fique Wells Fargo | Equal-Weight | $37 | Upgrade | Aug 28, 2024 |
| Haendel St. Juste Mizuho | Outperform | $36 | Maintains | Aug 19, 2024 |
| Omotayo Okusanya Deutsche Bank | Buy | $38 | Maintains | May 29, 2024 |
| Tammi Fique Wells Fargo | Underweight | $34 | Maintains | May 28, 2024 |
| Haendel St. Juste Mizuho | Buy | $33 | Maintains | May 23, 2024 |
| Floris Van Dijkum Compass Point | Neutral | $36 | Maintains | Apr 29, 2024 |
| Haendel St. Juste Mizuho | Buy | $37 | Upgrade | Feb 23, 2024 |
| Michael Mueller JP Morgan | Neutral | $37 | Maintains | Feb 14, 2024 |
| Juan Sanabria BMO Capital | Market Perform | $40 | Maintains | Dec 15, 2023 |
| Haendel St. Juste Mizuho | Neutral | $35 | Maintains | Dec 1, 2023 |
| Tammi Fique Wells Fargo | Underweight | $32 | Maintains | Nov 13, 2023 |
| Tammi Fique Wells Fargo | Underweight | $35 | Downgrade | Sep 20, 2023 |
| Haendel St. Juste Mizuho | Neutral | $36 | Maintains | Sep 18, 2023 |
Goldman Sachs | Buy | Maintains | Aug 8, 2023 | |
| Haendel St. Juste Mizuho | Neutral | $35 | Maintains | Jul 20, 2023 |
| Andrew Rosivach Wolfe Research | Peer Perform | Downgrade | Jul 6, 2023 | |
Goldman Sachs | Buy | Maintains | Jun 13, 2023 | |
| Haendel St. Juste Mizuho | Neutral | $30 | Maintains | May 25, 2023 |
When did it IPO
2021
Staff Count
290
Country
United States
Sector/Industry
Real Estate/REIT - Retail
CEO
Mr. Jeffrey S. Edison
Market Cap
$5.34B
In 2023, PECO generated $610.1M in revenue, which was a increase of 6.04% from the previous year. This can be seen as a signal that PECO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 13 Nov 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - PECO has achieved over 21% total returns since November 2023, with a forward yield of 3.12% and a P/FFO of 16.31x, prompting a comparison with peers KIM, REG, and FRT.
Why It Matters - PECO's strong returns and yield indicate potential growth, while its P/FFO multiple suggests a valuation analysis is needed to assess competitiveness against KIM, REG, and FRT.
Mon, 04 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Phillips Edison & Company (Nasdaq: PECO) will hold a virtual Business Update on December 19, 2024, at 11:30 a.m. ET. The event will be webcast only.
Why It Matters - The virtual Business Update by Phillips Edison may reveal key financial insights and strategic plans, impacting investor sentiment and stock performance.
Wed, 30 Oct 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Phillips Edison & Company declared a monthly dividend of $0.1025 per share, payable from December 2024 to March 2025, to stockholders of record on specified dates.
Why It Matters - Phillips Edison & Company's declaration of a monthly dividend signals financial stability and consistent cash flow, attracting income-focused investors and potentially boosting stock demand.
Fri, 25 Oct 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Phillips Edison & Company, Inc. (NASDAQ: PECO) will hold its Q3 2024 earnings conference call on October 25, 2024, at 12:00 PM ET, featuring key executives and analysts from various firms.
Why It Matters - Earnings calls provide insights into a company's financial health, operational performance, and strategic direction, influencing investor sentiment and potential stock valuation.
Thu, 24 Oct 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Phillips Edison & Company reported Q3 2024 net income of $11.6M ($0.09/share) and nine-month net income of $44.5M ($0.36/share). Full year 2024 earnings guidance updated.
Why It Matters - Phillips Edison & Company’s financial results and updated earnings guidance signal performance trends that can affect stock valuation and investor sentiment in the retail real estate sector.
Thu, 24 Oct 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Phillips Edison & Company (PECO) released its quarterly performance metrics for Q3 2024, which investors should compare against Wall Street estimates and prior year figures.
Why It Matters - Comparing Phillips Edison & Company's quarterly performance to Wall Street estimates and previous year results helps assess growth, profitability, and market expectations, influencing investment decisions.
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