Real Estate -
REIT - Retail - NASDAQ - US
$ 35.51
-0.113 %
$ 4.45 B
Market Cap
61.05
P/E
1. INTRINSIC VALUE
Balance Sheet
Phillips Edison & Company, Inc.
| Current Assets | 135 M |
| Cash & Short-Term Investments | 12.3 M |
| Receivables | 0 |
| Other Current Assets | 123 M |
| 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 | 2.19 B |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 2.19 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
1.38%
PECO Average Price Target
Wall Street Target
37 USD
4.20%
PECO Highest Price Target
Wall Street Target
38 USD
7.01%
4. DIVIDEND
ANALYSIS
1.13%
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
Phillips Edison & Company Declares Monthly Dividend Distributions; Announces Results of Annual Meeting of Stockholders
CINCINNATI, May 01, 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 June 3, 2025; July 1, 2025; and August 1, 2025 to stockholders of record as of May 16, 2025; June 16, 2025; and July 15, 2025, respectively.
globenewswire.com
- 2 weeks ago
Phillips Edison: Defensive REIT That Is Well Positioned In The Current Macro Environment
I give a 'Buy' rating for Phillips Edison due to its strong 1Q25 performance and resilience in an uncertain macroeconomic environment. The Company's portfolio, focused on necessity-driven tenants like grocery stores, ensures steady NOI growth even if discretionary spending weakens. Strong leasing spreads, high occupancy, and a solid balance sheet highlight PECO's embedded pricing power and growth potential.
seekingalpha.com
- 2 weeks ago
Phillips Edison: Excellent Fundamentals Support Investment Thesis
Phillips Edison & Company, Inc. remains a "Buy" due to its high-quality, grocery-anchored portfolio, strong tenant retention, and solid balance sheet, offering income and growth potential. PECO's Q1 2025 results showed strong same-center NOI growth of 3.9% YoY, high occupancy at 97.1%, and impressive Core FFO per share growth of 8.3% YoY. With a 3.5% dividend yield, a low 49% payout ratio, and a forward P/FFO of 13.7, PECO offers attractive total return potential with lower market volatility.
seekingalpha.com
- 3 weeks ago
Phillips Edison & Company, Inc. (PECO) Q1 2025 Earnings Call Transcript
Phillips Edison & Company, Inc. (NASDAQ:PECO ) Q1 2025 Earnings Conference Call April 25, 2025 12:00 PM ET Company Participants Kimberly Green - Head, IR Jeff Edison - Chairman & CEO Bob Myers - President John Caulfield - CFO Conference Call Participants Caitlin Burrows - Goldman Sachs Haendel St. Juste - Mizuho Samir Khanal - Bank of America Dori Kesten - Wells Fargo Omotayo Okusanya - Deutsche Bank Todd Thomas - KeyBanc Capital Markets Floris van Dijkum - Compass Point Mike Mueller - JP Morgan Daniel Purpura - Green Street Operator Good day, and welcome to Phillips Edison & Company's First Quarter 2025 Earnings Call. Please note that this call is being recorded.
seekingalpha.com
- 3 weeks ago
Here's What Key Metrics Tell Us About Phillips Edison & Company (PECO) Q1 Earnings
The headline numbers for Phillips Edison & Company (PECO) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
- 3 weeks ago
Phillips Edison & Company, Inc. (PECO) Q1 FFO and Revenues Top Estimates
Phillips Edison & Company, Inc. (PECO) came out with quarterly funds from operations (FFO) of $0.65 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to FFO of $0.60 per share a year ago.
zacks.com
- 3 weeks ago
Phillips Edison & Company Reports First Quarter 2025 Results and Affirms Full Year Earnings Guidance
CINCINNATI, April 24, 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 period ended March 31, 2025 and affirmed full year 2025 earnings guidance. For the three months ended March 31, 2025, net income attributable to stockholders was $26.3 million, or $0.21 per diluted share.
globenewswire.com
- 3 weeks ago
Phillips Edison & Company to Host ICSC Recap
CINCINNATI, April 23, 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 its ICSC Recap webcast on Thursday, May 22, 2025 at 1:00 p.m. Eastern Time. The event will be webcast only.
globenewswire.com
- 3 weeks ago
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
- 1 month 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
- 2 months 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
- 2 months ago
8. Profile
Summary
Phillips Edison & Company, Inc. PECO
COUNTRY
US
INDUSTRY
REIT - Retail
MARKET CAP
$ 4.45 B
Dividend Yield
1.13%
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. John P. Caulfield CPA
Chief Financial Officer, Executive Vice President & Treasurer
Mr. Robert F. Myers
President
Ms. Tanya E. Brady J.D.
Executive Vice President, General Counsel & Secretary
Ms. Jennifer L. Robison
Senior Vice President & Chief Accounting Officer
Mr. Gary G. Bailey
Senior Vice President & Chief Information Officer
Ms. Kim Green
Senior Vice President & Head of Investor Relations
Ms. Cherilyn K. Megill CMD, CRX
Senior Vice President & Chief Marketing Officer
Mr. Jeffrey S. Edison
Co-Founder, Chairman & Chief Executive Officer
Mr. Joseph G. Schlosser
Executive Vice President & Chief Operating Officer
Mr. Scott M. Wallace
Senior Vice President & Chief Compliance Officer