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 11.64% over the next year. This is based on calculating the average 12-month share price estimate provided by 7 stock analysts who have covered PECO. Price targets range from $36.00 at the low end to $41.00 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 7 Wall Street analysts have assigned PECO 2 buy ratings, 4 hold ratings, and 1 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.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| caitlin burrows Goldman Sachs | Buy | None | maintained | Feb 16, 2024 |
| omotayo okusanya Deutsche Bank | Buy | $41.0 | initiatedcoverage | Jan 29, 2024 |
| dori kesten Wells Fargo | Sell | $36.0 | maintained | Jan 25, 2024 |
| haendel st. juste Mizuho Securities | Hold | $36.0 | maintained | Jan 10, 2024 |
| michael mueller J.P. Morgan | Hold | $39.0 | maintained | Dec 19, 2023 |
| floris van dijkum Compass Point | Hold | $39.0 | maintained | Dec 18, 2023 |
| todd thomas KeyBanc | Hold | None | reiterated | Dec 15, 2023 |
| jeffrey spector Bank of America Securities | Buy | $39.0 | reiterated | Dec 15, 2023 |
| juan c. sanabria BMO Capital | Hold | $40.0 | initiatedcoverage | Dec 14, 2023 |
| andrew rosivach cfa Wolfe Research | Hold | None | downgraded | Jul 5, 2023 |
| tammi fique Wells Fargo | Hold | $31.0 | initiatedcoverage | May 23, 2023 |
| ronald kamdem Morgan Stanley | Hold | $34.0 | maintained | Aug 29, 2022 |
| richard hill Morgan Stanley | Hold | $31.0 | maintained | Jul 15, 2022 |
Phillips Edison & Company, Inc. (?PECO?) is one of the nation's largest owners and operators of omni-channel grocery-anchored shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO's centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO's top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of December 31, 2023, PECO managed 301 shopping centers, including 281 wholly-owned centers comprising 32.2 million square feet across 31 states and 20 shopping centers owned in one institutional joint venture. PECO is exclusively focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time.
When did it IPO
2021
Staff Count
290
Country
United States
Sector/Industry
Real Estate/REIT—Retail
CEO
Mr. Jeffrey S. Edison
Market Cap
$4.70B
In 2023, PECO generated $0 in revenue, which was a increase of 0.00% 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 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
COOP-USD
$72.4
HCP-USD
$22.69
HALO-USD
$36
$77.82
$233.13
MMSI-USD
$79.45
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