Real Estate -
REIT - Retail - NASDAQ - US
$ 36.06
-2.46 %
$ 4.52 B
Market Cap
69.2
P/E
1. INTRINSIC VALUE
Balance Sheet
Phillips Edison & Company, Inc.
| Current Assets | 4.88 M |
| Cash & Short-Term Investments | 4.88 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 629 M |
| Long-Term Investments | 38.5 M |
| PP&E | 26.6 M |
| Other Non-Current Assets | 564 M |
| Current Liabilities | 227 M |
| Accounts Payable | 164 M |
| Short-Term Debt | 40 M |
| Other Current Liabilities | 22.9 M |
| Non-Current Liabilities | 2.39 B |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 2.39 B |
EFFICIENCY
Earnings Waterfall
Phillips Edison & Company, Inc.
| Revenue | 661 M |
| Cost Of Revenue | 190 M |
| Gross Profit | 471 M |
| Operating Expenses | 300 M |
| Operating Income | 171 M |
| Other Expenses | 101 M |
| Net Income | 69.7 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Phillips Edison & Company, Inc.
| Net Income | 69.7 M |
| Depreciation & Amortization | 253 M |
| Capital Expenditures | -95.1 M |
| Stock-Based Compensation | 9.7 M |
| Change in Working Capital | 0 |
| Others | -14.3 M |
| Free Cash Flow | 240 M |
Wall Street Analysts Price Targets
Phillips Edison & Company, Inc.
Wall Street analysts predict an average 1-year price target for PECO of $37 , with forecasts ranging from
a
low of
$36 to a high of $38 .
PECO Lowest Price Target
Wall Street Target
36 USD
-0.17%
PECO Average Price Target
Wall Street Target
37 USD
2.61%
PECO Highest Price Target
Wall Street Target
38 USD
5.38%
4. DIVIDEND
ANALYSIS
0.55%
DIVIDEND YIELD
0.102 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Phillips Edison & Company, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Disparate Property Supply In Tampa Creates Selective Opportunity
Tampa's strong job and population growth make it a prime real estate location, but supply and demand dynamics are crucial for investment decisions. The high housing supply in Tampa has led to a temporary downturn in home prices, while limited retail space has driven up retail rents. Other property sectors have limited supply and much stronger outlooks within Tampa.
seekingalpha.com
- 3 weeks ago
Phillips Edison & Company Inc. Invites You to Join Its First Quarter 2025 Earnings Conference Call
CINCINNATI, March 25, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, will announce its First Quarter 2025 earnings results on Thursday, April 24, 2025, after the market closes. PECO's earnings release and supplemental information package will be posted on the Investor Relations section of the Company's website at https://investors.phillipsedison.com/. Chairman and Chief Executive Officer Jeff Edison, President Bob Myers and Chief Financial Officer John Caulfield will host an earnings conference call, which will also be webcasted, on Friday, April 25, 2025, at 12:00 p.m. ET.
globenewswire.com
- 1 month ago
These 5 Dividend Stocks Will Pay You Like a Boss Every Month
Dividend stocks offer a reliable way to generate monthly income without the hassles of finding a side gig, buying and managing a rental property, or any other things you learn about while doom-scrolling social media these days.
247wallst.com
- 1 month ago
Passive Income Seekers Should Look at These Monthly Dividend Paying Stocks
Dividend stocks are gaining popularity again due to the recent wave of bearishness in the stock market.
247wallst.com
- 1 month ago
Phillips Edison & Company to Present at Citi's 2025 Global Property CEO Conference
CINCINNATI, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that the Company will participate in a roundtable presentation at Citi's 2025 Global Property CEO Conference on Tuesday, March 4, 2025 at 4:20 p.m. Eastern Time.
globenewswire.com
- 2 months ago
Phillips Edison & Company to Host PECO GROW Update for Financial Advisors and Retail Investors on February 25
CINCINNATI, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, will host a PECO GROW Update for financial advisors and retail investors on Tuesday, February 25, 2025, at 12:00 p.m. ET. During the webcast, PECO will discuss the business and answer questions from financial advisors and retail investors.
globenewswire.com
- 2 months ago
Phillips Edison & Company Declares Monthly Dividend Distributions
CINCINNATI, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that its Board of Directors declared monthly dividend distributions of $0.1025 per share of the Company's common stock payable on April 1, 2025 and May 1, 2025 to stockholders of record as of March 17, 2025 and April 15, 2025, respectively.
globenewswire.com
- 2 months ago
Phillips Edison: Prime Grocery-Anchored Real Estate At A Great Price
Phillips Edison offers high exposure to grocery-anchored shopping centers, providing a resilient business model with high occupancy and robust lease spreads. PECO's disciplined acquisition strategy and ground-up development opportunities are expected to deliver attractive returns, supported by a strong investment-grade balance sheet. With a well-covered 3.3% dividend yield and attractive valuation below its historical P/FFO average, PECO is positioned for potentially strong total returns.
seekingalpha.com
- 2 months ago
Phillips Edison & Company, Inc. (PECO) Q4 2024 Earnings Conference Call Transcript
Phillips Edison & Company, Inc. (NASDAQ:PECO ) Q4 2024 Earnings Conference Call February 7, 2025 12:00 PM ET Company Participants Kimberly Green - Head of IR Jeff Edison - CEO Bob Myers - President John Caulfield - CFO Conference Call Participants Jeffrey Spector - Bank of America Merrill Lynch Haendel St. Juste - Mizuho Caitlin Burrows - Goldman Sachs Dori Kesten - Wells Fargo Ronald Kamdem - Morgan Stanley Omotayo Okusanya - Deutsche Bank Todd Thomas - KeyBanc Capital Markets Floris Van Dijkum - Compass Point Michael Mueller - JP Morgan Juan Sanabria - BMO Capital Markets Paulina Rojas - Green Street Operator Good day, and welcome to Phillips Edison & Company's Fourth Quarter and Full Year 2024 Earnings Call. Please note that this call is being recorded.
seekingalpha.com
- 2 months ago
Phillips Edison & Company (PECO) Reports Q4 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Phillips Edison & Company (PECO) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
- 2 months ago
Phillips Edison & Company, Inc. (PECO) Meets Q4 FFO Estimates
Phillips Edison & Company, Inc. (PECO) came out with quarterly funds from operations (FFO) of $0.62 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.58 per share a year ago.
zacks.com
- 2 months ago
Phillips Edison & Company Reports Fourth Quarter and Full Year 2024 Results
CINCINNATI, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today reported financial and operating results for the fourth quarter and full year ended December 31, 2024 and provided guidance for 2025. For the fourth quarter and full year ended December 31, 2024, net income attributable to stockholders was $18.1 million, or $0.15 per diluted share, and $62.7 million, or $0.51 per diluted share, respectively.
globenewswire.com
- 2 months ago
8. Profile
Summary
Phillips Edison & Company, Inc. PECO
COUNTRY
US
INDUSTRY
REIT - Retail
MARKET CAP
$ 4.52 B
Dividend Yield
0.55%
Description
Phillips Edison & Company, Inc. (PECO), an internally-managed REIT, is one of the nation's largest owners and operators of grocery-anchored shopping centers. PECO's diversified portfolio of well-occupied neighborhood shopping centers features a mix of national and regional retailers selling necessity-based goods and services in fundamentally strong markets throughout the United States. Through its vertically-integrated operating platform, the Company manages a portfolio of 309 properties, including 283 wholly-owned properties comprising approximately 31.7 million square feet across 31 states (as of September 30, 2020). PECO has generated strong operating results over its 29+ year history and has partnered with leading institutional commercial real estate investors, including TPG Real Estate and The Northwestern Mutual Life Insurance Company. The Company remains exclusively focused on creating great grocery-anchored shopping experiences and improving the communities it serves one center at a time.
Contact
11501 Northlake Drive, Cincinnati, OH, 45249
https://www.phillipsedison.com
IPO
Date
Feb. 25, 2021
Employees
300
Officers
Mr. Jeffrey S. Edison
Co-Founder, Chairman & Chief Executive Officer
Mr. John P. Caulfield CPA
Chief Financial Officer, Executive Vice President & Treasurer
Ms. Tanya E. Brady J.D.
Executive Vice President, General Counsel & Secretary
Mr. Gary G. Bailey
Senior Vice President & Chief Information Officer
Ms. Jennifer L. Robison
Senior Vice President & Chief Accounting Officer
Ms. Kim Green
Senior Vice President & Head of Investor Relations
Mr. Joseph G. Schlosser
Executive Vice President & Chief Operating Officer
Mr. Scott M. Wallace
Senior Vice President & Chief Compliance Officer
Ms. Cherilyn K. Megill CMD, CRX
Senior Vice President & Chief Marketing Officer
Mr. Robert F. Myers
President