Phillips Edison & Company, Inc. (NASDAQ:PECO – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.950-0.970 for the period, compared to the consensus earnings per share estimate of 2.760. The company issued revenue guidance of -.
Phillips Edison & Company, Inc. Stock Performance
Shares of NASDAQ PECO traded down $0.68 during mid-day trading on Thursday, hitting $42.68. The stock had a trading volume of 926,437 shares, compared to its average volume of 950,643. The company has a 50 day moving average of $41.32 and a two-hundred day moving average of $39.00. Phillips Edison & Company, Inc. has a twelve month low of $32.84 and a twelve month high of $44.38. The firm has a market cap of $5.37 billion, a PE ratio of 46.39, a PEG ratio of 2.32 and a beta of 0.52.
Phillips Edison & Company, Inc. (NASDAQ:PECO – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.15. The company had revenue of $189.62 million during the quarter, compared to analysts’ expectations of $187.46 million. Phillips Edison & Company, Inc. had a return on equity of 4.46% and a net margin of 15.61%.Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.950-0.970 EPS. Equities research analysts predict that Phillips Edison & Company, Inc. will post 2.76 EPS for the current fiscal year.
Phillips Edison & Company, Inc. Announces Dividend
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on PECO. Morgan Stanley upped their target price on Phillips Edison & Company, Inc. from $38.00 to $42.00 and gave the stock an “equal weight” rating in a research note on Friday, July 10th. Weiss Ratings downgraded Phillips Edison & Company, Inc. from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 2nd. UBS Group upped their price objective on Phillips Edison & Company, Inc. from $43.00 to $46.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Barclays raised their price objective on shares of Phillips Edison & Company, Inc. from $42.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 12th. Finally, Wells Fargo & Company lifted their target price on shares of Phillips Edison & Company, Inc. from $42.00 to $47.00 and gave the company an “equal weight” rating in a report on Thursday. Three equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $44.14.
View Our Latest Stock Report on PECO
Institutional Investors Weigh In On Phillips Edison & Company, Inc.
Several large investors have recently bought and sold shares of the company. Aster Capital Management DIFC Ltd boosted its stake in shares of Phillips Edison & Company, Inc. by 55.5% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,053 shares of the company’s stock worth $37,000 after acquiring an additional 376 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in Phillips Edison & Company, Inc. by 143.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,140 shares of the company’s stock worth $41,000 after purchasing an additional 672 shares during the last quarter. Quantbot Technologies LP purchased a new stake in shares of Phillips Edison & Company, Inc. during the third quarter worth $43,000. Prosperity Bancshares Inc purchased a new stake in shares of Phillips Edison & Company, Inc. during the fourth quarter worth $50,000. Finally, Caitong International Asset Management Co. Ltd boosted its position in Phillips Edison & Company, Inc. by 6,850.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,529 shares of the company’s stock worth $52,000 after acquiring an additional 1,507 shares during the last quarter. 80.70% of the stock is currently owned by hedge funds and other institutional investors.
Phillips Edison & Company, Inc. Company Profile
Phillips Edison & Company, Inc is a publicly traded real estate investment trust (REIT) that specializes in the acquisition, ownership and operation of grocery-anchored, necessity-based shopping centers. The company’s investment strategy is centered on properties that benefit from everyday consumer demand, seeking to deliver stable cash flows through long-term, triple-net leases with national and regional tenants in the grocery, drugstore and essential retail sectors.
In addition to its core retail portfolio, Phillips Edison & Company provides integrated services covering property management, asset management, leasing, development and acquisition sourcing.
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