Phillips Edison & Company, Inc. (NASDAQ:PECO) Updates FY 2026 Earnings Guidance
by Scott Moore · The Cerbat GemPhillips Edison & Company, Inc. (NASDAQ:PECO – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.790-0.810 for the period, compared to the consensus EPS estimate of 2.740. The company issued revenue guidance of -.
Phillips Edison & Company, Inc. Stock Performance
Phillips Edison & Company, Inc. stock traded up $0.80 during midday trading on Thursday, hitting $39.04. 1,290,651 shares of the company’s stock were exchanged, compared to its average volume of 881,973. The stock has a market cap of $4.91 billion, a price-to-earnings ratio of 43.87, a price-to-earnings-growth ratio of 0.99 and a beta of 0.53. Phillips Edison & Company, Inc. has a 12-month low of $32.84 and a 12-month high of $40.06. The firm’s 50 day simple moving average is $38.26 and its 200 day simple moving average is $36.23.
Phillips Edison & Company, Inc. (NASDAQ:PECO – Get Free Report) last announced its earnings results on Thursday, April 23rd. The company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.07. Phillips Edison & Company, Inc. had a net margin of 15.32% and a return on equity of 4.29%. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.790-0.810 EPS. On average, equities research analysts forecast that Phillips Edison & Company, Inc. will post 2.74 EPS for the current fiscal year.
Phillips Edison & Company, Inc. Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Friday, May 15th will be paid a $0.1083 dividend. This represents a c) annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Friday, May 15th. Phillips Edison & Company, Inc.’s dividend payout ratio (DPR) is 146.07%.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on PECO. UBS Group upped their price objective on shares of Phillips Edison & Company, Inc. from $37.00 to $38.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Mizuho set a $39.00 price target on shares of Phillips Edison & Company, Inc. in a research note on Friday, January 9th. Weiss Ratings raised shares of Phillips Edison & Company, Inc. from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 13th. Barclays lifted their price objective on Phillips Edison & Company, Inc. from $40.00 to $42.00 and gave the company an “equal weight” rating in a report on Monday, April 13th. Finally, Evercore set a $42.00 target price on Phillips Edison & Company, Inc. and gave the stock an “outperform” rating in a research note on Friday, February 6th. Four analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Phillips Edison & Company, Inc. has a consensus rating of “Hold” and a consensus price target of $39.86.
Get Our Latest Stock Analysis on Phillips Edison & Company, Inc.
Hedge Funds Weigh In On Phillips Edison & Company, Inc.
Several hedge funds and other institutional investors have recently bought and sold shares of PECO. Royal Bank of Canada increased its position in shares of Phillips Edison & Company, Inc. by 12.8% in the first quarter. Royal Bank of Canada now owns 81,726 shares of the company’s stock valued at $2,982,000 after buying an additional 9,250 shares in the last quarter. AQR Capital Management LLC boosted its position in Phillips Edison & Company, Inc. by 8.2% during the first quarter. AQR Capital Management LLC now owns 11,091 shares of the company’s stock worth $405,000 after acquiring an additional 845 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of Phillips Edison & Company, Inc. in the first quarter valued at $333,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Phillips Edison & Company, Inc. by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 73,111 shares of the company’s stock worth $2,668,000 after buying an additional 3,199 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its stake in Phillips Edison & Company, Inc. by 49.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,604 shares of the company’s stock worth $91,000 after buying an additional 865 shares during the last quarter. 80.70% of the stock is owned by institutional investors and hedge funds.
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.