Phillips Edison & Company, Inc. PECO
- Market cap
- $5.2B
- P/E
- 32.5×
Follow PECO
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | 27.48 | 27.48 | 27.48 | 27.48 | 5.75 | 27.07 | 27.85 | 30.62 | 32.40 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
||
| — | 27.48 | 27.48 | 27.48 | 27.48 | 34.97 | 36.35 | 37.92 | 40.12 | 37.76 |
High Price
|
|||
| — | — | — | — | — | 290 | 290 | 290 | 300 | 320 |
Employees
|
|||
| 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 2 | 2 |
Revenue/Emp
|
|||
| 268 | 312 | 430 | 537 | 498 | 533 | 575 | 610 | 661 | 727 |
Revenue
|
|||
| 0.00% | 0.00% | 0.00% | 69.99% | 68.98% | 70.29% | 71.63% | 71.30% | 71.22% | 71.13% |
Gross Margin
|
|||
| (27) | (42) | 47 | (73) | 5 | 17 | 55 | 64 | 70 | 123 |
EBT
|
|||
| (10.10%) | (13.39%) | 10.91% | (13.57%) | 1.10% | 3.23% | 9.48% | 10.45% | 10.54% | 16.92% |
EBT Margin
|
|||
| (27) | 0 | 39 | (73) | 5 | 17 | 55 | 64 | 70 | 123 |
Net Income
|
|||
| — | — | — | 245 | 229 | 224 | 238 | 238 | 254 | 265 |
Depreciation
|
|||
| 0.00 | 0.00 | 0.00 | 5.67 | 5.15 | 5.20 | 4.99 | 5.16 | 5.39 | 5.79 |
Revenue/Sh
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|||
| 0.14 | (0.64) | 0.49 | (0.77) | 0.06 | 0.15 | 0.42 | 0.48 | 0.51 | 0.89 |
Earnings/Sh
|
|||
| 0.00 | 0.00 | 0.00 | 2.40 | 2.18 | 2.57 | 2.52 | 2.46 | 2.73 | 2.77 |
Cash Flow/Sh
|
|||
| 0.00 | 0.00 | 0.00 | 1.56 | (0.06) | 1.28 | (0.45) | (0.74) | (0.77) | (0.12) |
Capex/Sh
|
|||
| 0.00 | 0.00 | 0.00 | 3.96 | 2.11 | 3.85 | 2.07 | 1.72 | 1.95 | 2.66 |
Free CF/Sh
|
|||
| 0.00 | 0.00 | 0.00 | 0.00 | 20.83 | 24.18 | 22.51 | 22.43 | 21.46 | 20.63 |
Book Value/Sh
|
|||
| — | — | — | 95 | 97 | 102 | 115 | 118 | 123 | 126 |
Shares
|
|||
| 4,293.75 | 4,293.75 | 4,293.75 | 4,293.75 | 486.37 | 233.83 | 75.57 | 79.65 | 74.92 | 39.97 |
PE Ratio
|
|||
| 0.00 | 0.00 | 0.00 | 0.00 | 5.34 | 6.35 | 6.37 | 7.10 | 6.95 | 6.15 |
PS Ratio
|
|||
| 0.00 | 0.00 | 0.00 | 3.60 | 1.32 | 1.37 | 1.41 | 1.63 | 1.75 | 1.72 |
PB Ratio
|
|||
| 0.00 | 0.00 | 0.00 | 0.00 | 9.68 | 9.68 | 9.63 | 10.32 | 10.13 | 9.36 |
EV/Sales
|
|||
| 0.00 | 0.00 | 0.00 | 0.00 | 23.57 | 13.09 | 23.25 | 31.02 | 27.95 | 20.37 |
EV/FCF
|
|||
| 103 | 109 | 315 | 227 | 211 | 263 | 291 | 291 | 335 | 348 |
Op' Cash Flow
|
|||
| (26) | (42) | (49) | 148 | (6) | 131 | (52) | (88) | (95) | (14) |
Capex
|
|||
| 103 | 109 | 315 | 374 | 205 | 394 | 238 | 203 | 240 | 334 |
FCF
|
|||
| — | — | — | — | (2,531) | (2,077) | (2,121) | (2,203) | (2,404) | (2,654) |
Working Cap'
|
|||
| 744 | 1,897 | 2,571 | 10 | 2,293 | 1,892 | 1,897 | 1,969 | 2,110 | 2,375 |
Total Debt
|
|||
| 694 | 1,870 | 2,487 | (85) | 2,161 | 1,776 | 1,879 | 1,960 | 2,101 | 2,332 |
Net Debt
|
|||
| 1,201 | 1,046 | 1,998 | 0 | 2,016 | 2,476 | 2,597 | 2,653 | 2,634 | 2,589 |
Sh' Equity
|
|||
| (0.92%) | (3.23%) | 1.52% | (2.46%) | 0.20% | 0.32% | 1.03% | 1.18% | 1.26% | 2.15% |
ROA
|
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| 0.00% | 0.00% | 0.00% | 0.00% | 1.12% | 1.43% | 1.82% | 2.09% | 2.28% | 2.53% |
ROIC
|
|||
| (2.42%) | (3.42%) | 2.57% | (3.33%) | 0.25% | 0.67% | 1.90% | 2.17% | 2.37% | 4.26% |
ROE
|
|||
Phillips Edison & Company, Inc. peers in Reit Retail
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| KRG Kite Realty Group Trust | $5.0B | 15.2× | Compare |
| EPRT Essential Properties Realty Trust, Inc. | $5.8B | 20.6× | Compare |
| MAC Macerich Company (The) | $6.7B | 0.0× | Compare |
| SKT Tanger Inc. | $4.0B | 31.3× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| NNN NNN REIT, Inc. | $8.0B | 20.2× | Compare |
| ADC Agree Realty Corporation | $8.4B | 36.3× | Compare |
| CURB Curbline Properties Corp. | $3.3B | 105× | Compare |
| BRX Brixmor Property Group Inc. | $8.5B | 19.8× | Compare |
Phillips Edison & Company, Inc. (PECO) key facts
- Phillips Edison & Company, Inc. (PECO) is a Reit Retail company in the Real Estate sector, listed on Nasdaq.
- Phillips Edison & Company, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $726.6 million, up 9.86% from fiscal 2024.
- As of September 25, 2026, PECO traded at $37.39, a market capitalization of $5.2 billion.
- Phillips Edison & Company, Inc. pays an annual dividend of $1.17 per share, a yield of 3.39%.
- Return on equity was 4.26% and debt-to-equity 0.92.
Phillips Edison & Company, Inc. (PECO) Latest News
24 Sep
Phillips Edison has gained about 40.5% over five years, raising questions whether the current price reflects its cash-generating ability. A cash-flow view shows roughly $294.4 million in free cash flow in the trailing twelve months, with analyst projections for steady, modest growth, implying intrinsic value above the closing price of $36.72. The stock trades at about 32.9x earnings, suggesting a disconnect between earnings multiples and cash-flow value. Simply Wall St's narratives outline scenarios where the stock could be undervalued (around 18%), depending on rent growth, margins and capital spending. The piece also flags concerns about leadership incentives and decision-making. Overall, PECO appears potentially undervalued on cash flow and asset quality, even as price has outpaced some recent performance. DCF-based valuation implies upside relative to current price.
23 Sep
Phillips Edison & Company, Inc. (PECO) is a Cincinnati-based finance company highlighted as a dividend-focused investment. Year-to-date, PECO's share price rose 4.27%. It pays a quarterly dividend of $0.34 (annualized $1.38) for a current yield of 3.72%, below the Retail REIT and Equity Trust industry average of 4.29% but above the S&P 500 yield of 1.4%. Dividend growth has been steady: annual dividend up 10.1% this year; five-year growth averaging 4.79% with five increases. The payout ratio is 48%, indicating moderate earnings coverage. For fiscal 2026, consensus earnings per share is $2.77, implying ~6.5% growth. While high-yield stocks face pressure when rates rise, PECO is viewed as a compelling opportunity with a Zacks Rank of 3 (Hold). Stable dividend and mid-single-digit earnings growth with a Hold rating suggest a moderate, non-transformative impact.
9 Sep
Phillips Edison & Company raised its dividend by more than 6 percent. Dividend hike indicates stable cash flow and may lift near-term investor sentiment for the REIT.
3 Aug
Phillips Edison & Company adopts AI prompts to optimize property site selection decisions. AI site selection tools can improve property placement efficiency but are unlikely to alter overall company trajectory.
24 Jul
Phillips Edison & Company raised 2026 earnings guidance, which may strengthen the bull case and investor outlook for the REIT. Raised 2026 earnings guidance directly lifts financial forecasts and investor sentiment for Phillips Edison.
Phillips Edison & Company, Inc. released Q2 earnings call highlights covering financial results, operational updates and forward guidance for the REIT. Q2 earnings data and guidance directly shape near-term valuation and investor positioning for PECO.
Phillips Edison & Co Inc reported strong occupancy in Q2 2026 earnings call highlights, pointing to solid performance in its grocery-anchored retail portfolio. Earnings highlights with strong occupancy metrics signal moderate influence on operational results and investor views without major strategic shifts.
Phillips Edison & Company, Inc. released its Q2 2026 earnings call summary detailing financial performance, operational results and forward outlook for the REIT. Quarterly earnings updates supply financial metrics that can shift near-term valuation and sentiment but rarely alter long-term strategy.
23 Jul
Phillips Edison & Company (PECO) released Q2 earnings with focus on key financial metrics. Q2 earnings release with key metrics can moderately sway investor views on financial performance.
Moody’s updated Phillips Edison & Company outlook to Positive. Positive credit outlook revision from Moody’s can lift investor sentiment and ease future borrowing costs for Phillips Edison & Company.
Phillips Edison & Company, Inc. (PECO) reported its second quarter 2026 financial results. Quarterly results provide updates on financial performance that influence investor views on company trajectory.
31 May
Phillips Edison & Company reports strong demand for grocery-anchored retail properties and ongoing active deal activity. Positive demand signals and active deals point to steady operational momentum without signaling major strategic shifts.
27 Apr
Phillips Edison & Company, Inc. Q1 earnings call highlights financial results, operational updates, leasing activity, acquisitions, and forward guidance. Q1 earnings highlights disclose core financial metrics, portfolio growth, and outlook that significantly shape investor expectations and stock trajectory.
25 Apr
Phillips Edison & Co Inc (PECO) reported strong growth in Q1 2026 earnings call highlights. Strong growth in Q1 2026 earnings significantly boosts PECO's financial trajectory and investor sentiment.
24 Apr
Phillips Edison (PECO) Q1 2026 earnings call transcript covers first-quarter financial results, including revenue, FFO, occupancy rates, acquisitions, dispositions, balance sheet updates, and full-year guidance. Q1 2026 earnings results and guidance significantly shape investor expectations and PECO's stock trajectory.
Phillips Edison & Company, Inc. released Q1 2026 earnings call summary highlighting quarterly financial results, operational updates, and forward guidance. Quarterly earnings summaries affect financial performance and investor sentiment but are balanced by annual trends.
23 Apr
Phillips Edison & Company, Inc. (PECO) surpassed Q1 FFO and revenue estimates. Exceeding Q1 FFO and revenue estimates indicates robust financial health, likely boosting investor sentiment and stock performance.
Phillips Edison & Company (PECO) Q1 earnings compared to estimates, highlighting key metrics performance. Q1 earnings versus estimates affect financial performance and investor sentiment moderately.
Phillips Edison & Company, Inc. (PECO) reported first quarter 2026 results, highlighting key financial metrics and operational updates for the period. Quarterly earnings reports influence financial performance and investor sentiment but represent routine disclosures.
21 Apr
Phillips Edison & Company, Inc. (PECO) released its Q4 2025 earnings call transcript detailing quarterly financial results, operational updates, and forward guidance. Q4 earnings transcripts reveal key financial metrics, strategic updates, and outlook that significantly sway investor sentiment and stock trajectory.
9 Mar
Ladenburg raised its price target for Phillips Edison & Company, Inc. (PECO) to $44, citing a sector re-rating. Ladenburg's price target increase to $44 on sector re-rating is expected to moderately boost PECO's investor sentiment and short-to-medium-term stock performance.
Phillips Edison & Company, Inc. (PECO) rating upgraded to Buy, highlighting key details on the company's performance and investment potential. Rating upgrade to Buy signals positive analyst outlook, likely enhancing market sentiment and short-term stock performance without fundamental changes.
27 Feb
Analyst views on Phillips Edison & Company (PECO) diverge for 2026, shifting the company's investment narrative amid mixed outlooks. Diverging analyst views signal moderate uncertainty in PECO's 2026 trajectory, potentially influencing investor sentiment.
24 Feb
Phillips Edison & Company priced an offering of $350 million aggregate principal amount of 4.750% senior unsecured notes due 2033. Pricing $350 million in senior notes provides substantial low-cost debt capital for acquisitions, refinancing, and growth initiatives.
12 Feb
Phillips Edison & Company, Inc. (PECO) has declared its monthly dividends for shareholders, reaffirming its commitment to returning value to investors. The company continues to maintain a consistent dividend payout, reflecting its stable financial performance and operational strategy in the retail real estate sector. This announcement is part of PECO's ongoing efforts to enhance shareholder returns and signal confidence in its business model. The consistent dividend declaration indicates stable financial health but does not significantly alter the company's overall trajectory.
8 Feb
Phillips Edison & Company, Inc. (PECO) has seen a surge in investor interest due to recent momentum in its stock performance. Analysts are conducting a valuation check to assess the company's financial health and growth potential. The positive market sentiment is attributed to strategic initiatives and favorable market conditions that may enhance PECO's competitive positioning in the retail real estate sector. Recent momentum and strategic initiatives are likely to significantly impact PECO's future performance and investor sentiment.
6 Feb
Phillips Edison & Company, Inc. (PECO) reported strong growth in its Q4 2025 earnings call, highlighting significant increases in revenue and net operating income. The company emphasized its strategic initiatives and expansion plans, which contributed to improved financial performance. Management expressed confidence in sustaining this growth trajectory moving forward, supported by a robust portfolio of grocery-anchored shopping centers. The call also addressed market trends and operational efficiencies that are expected to enhance shareholder value. Strong growth and strategic initiatives are likely to significantly impact future performance and investor sentiment.
Phillips Edison & Company, Inc. reported its Q4 earnings, highlighting strong performance metrics and strategic initiatives aimed at enhancing portfolio value. The company emphasized its focus on expanding its grocery-anchored shopping centers and improving tenant relationships. Management provided insights into future growth plans and market conditions, indicating a positive outlook despite potential economic challenges. The earnings call also addressed operational efficiencies and investment strategies that are expected to drive long-term value for shareholders. Significant strategic initiatives and positive performance metrics are likely to influence future growth and investor sentiment.
Phillips Edison & Company, Inc. (PECO) is highlighted as a top dividend stock due to its strong financial performance, consistent dividend payments, and strategic focus on grocery-anchored shopping centers. The company has demonstrated resilience in the retail sector, benefiting from the stability of essential retail tenants. Investors are attracted to PECO's reliable income stream and growth potential, making it a compelling addition to dividend-focused portfolios. PECO's strong financial performance and strategic focus on essential retail positions it for significant future growth and investor interest.
Phillips Edison & Company, Inc. reported its Q4 2025 earnings, highlighting a strong performance driven by increased rental income and strategic acquisitions. The company noted a rise in same-store net operating income and improved occupancy rates across its portfolio. Management expressed optimism about future growth, citing ongoing investments in technology and sustainability initiatives. The earnings call also addressed challenges in the retail sector and the company's strategies to adapt to changing consumer behaviors. Overall, PECO's financial results exceeded market expectations, reinforcing its position in the real estate investment trust sector. Significant growth in rental income and strategic acquisitions are likely to enhance future performance and investor sentiment.