Real Estate -
REIT - Retail - NASDAQ - US
$ 35.79
-0.39 %
$ 4.39 B
Market Cap
76.15
P/E
1. INTRINSIC VALUE
Balance Sheet
Phillips Edison & Company, Inc.
| Current Assets | 140 M |
| Cash & Short-Term Investments | 4.87 M |
| Receivables | 108 M |
| Other Current Assets | 27.4 M |
| Non-Current Assets | 4.73 B |
| Long-Term Investments | 32.1 M |
| PP&E | 570 M |
| Other Non-Current Assets | 4.12 B |
| Current Liabilities | 316 M |
| Accounts Payable | 116 M |
| Short-Term Debt | 29.1 M |
| Other Current Liabilities | 170 M |
| Non-Current Liabilities | 2.19 B |
| Long-Term Debt | 2.05 B |
| Other Non-Current Liabilities | 145 M |
EFFICIENCY
Earnings Waterfall
Phillips Edison & Company, Inc.
| Revenue | 610 M |
| Cost Of Revenue | 175 M |
| Gross Profit | 435 M |
| Operating Expenses | 281 M |
| Operating Income | 154 M |
| Other Expenses | 97.3 M |
| Net Income | 56.8 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Phillips Edison & Company, Inc.
| Net Income | 56.8 M |
| Depreciation & Amortization | 236 M |
| Capital Expenditures | -95.3 M |
| Stock-Based Compensation | 9.4 M |
| Change in Working Capital | -9.41 M |
| Others | -13.8 M |
| Free Cash Flow | 196 M |
Wall Street Analysts Price Targets
Phillips Edison & Company, Inc.
Wall Street analysts predict an average 1-year price target for PECO of $35.6 , with forecasts ranging from
a
low of
$31 to a high of $38 .
PECO Lowest Price Target
Wall Street Target
31 USD
-13.38%
PECO Average Price Target
Wall Street Target
35.6 USD
-0.61%
PECO Highest Price Target
Wall Street Target
38 USD
6.17%
4. DIVIDEND
ANALYSIS
1.05%
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
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 year ago
May 16, 2023
|
Bought
292 K USD
|
CHAO LESLIE T
Director
|
+ 10000
|
29.18 USD |
|
2 years ago
Nov 21, 2022
|
Sell 302 K
USD
|
Massey Paul
Director
|
- 9600
|
31.42 USD |
|
3 years ago
Jul 19, 2021
|
Bought
42 K USD
|
Wood Gregory S.
Director
|
+ 1500
|
28 USD |
|
3 years ago
Jul 19, 2021
|
Bought
196 K USD
|
CHAO LESLIE T
Director
|
+ 7000
|
28 USD |
|
3 years ago
Jul 19, 2021
|
Bought
1.4 M USD
|
Edison Jeffrey
Chairman and CEO
|
+ 50000
|
28 USD |
|
7 years ago
Oct 04, 2017
|
Bought
0 USD
|
Myers Robert F.
Chief Operating Officer
|
+ 50688
|
0 USD |
|
7 years ago
Oct 04, 2017
|
Bought
0 USD
|
Myers Robert F.
Chief Operating Officer
|
+ 11119
|
0 USD |
|
7 years ago
Oct 04, 2017
|
Bought
0 USD
|
Murphy Devin Ignatius
CFO, Secretary and Treasurer
|
+ 664037
|
0 USD |
|
7 years ago
Oct 04, 2017
|
Bought
0 USD
|
Murphy Devin Ignatius
CFO, Secretary and Treasurer
|
+ 362940
|
0 USD |
|
7 years ago
Oct 04, 2017
|
Bought
0 USD
|
Edison Jeffrey
CEO and Charman of the Board
|
+ 17392769
|
0 USD |
|
7 years ago
Oct 04, 2017
|
Bought
0 USD
|
Edison Jeffrey
CEO and Charman of the Board
|
+ 2105071
|
0 USD |
|
7 years ago
Oct 04, 2017
|
Bought
0 USD
|
Addy Robert Mark
Executive Vice President
|
+ 50175
|
0 USD |
|
7 years ago
Oct 04, 2017
|
Bought
0 USD
|
Addy Robert Mark
Executive Vice President
|
+ 8695
|
0 USD |
|
11 years ago
Jan 15, 2014
|
Bought
7.5 K USD
|
QUAZZO STEPHEN R
Director
|
+ 833.33
|
9 USD |
|
11 years ago
Jan 15, 2014
|
Bought
8.25 K USD
|
Massey Paul
Director
|
+ 916.67
|
9 USD |
|
11 years ago
Dec 03, 2013
|
Bought
4.32 K USD
|
Edison Jeffrey
Chairman of the Board and CEO
|
+ 480
|
9 USD |
|
11 years ago
Nov 26, 2013
|
Bought
400 K USD
|
Edison Jeffrey
Chairman of the Board and CEO
|
+ 44500
|
9 USD |
|
11 years ago
Nov 21, 2013
|
Bought
7.5 K USD
|
QUAZZO STEPHEN R
Director
|
+ 833.33
|
9 USD |
|
11 years ago
Nov 04, 2013
|
Bought
500 K USD
|
Edison Jeffrey
Chairman of the Board and CEO
|
+ 55555.56
|
9 USD |
|
11 years ago
Oct 31, 2013
|
Bought
189 K USD
|
Edison Jeffrey
Chairman of the Board and CEO
|
+ 21000
|
9 USD |
|
11 years ago
Oct 14, 2013
|
Bought
25 K USD
|
Addy Robert Mark
Co-President and COO
|
+ 2777.78
|
9 USD |
|
11 years ago
Sep 30, 2013
|
Bought
171 K USD
|
Edison Jeffrey
Chairman of the Board and CEO
|
+ 19000
|
9 USD |
|
11 years ago
Sep 25, 2013
|
Bought
9.25 K USD
|
Massey Paul
Director
|
+ 1027.78
|
9 USD |
|
11 years ago
Sep 25, 2013
|
Bought
8.5 K USD
|
Kirk Ronald
Director
|
+ 944.44
|
9 USD |
|
11 years ago
Aug 29, 2013
|
Bought
180 K USD
|
Phillips Michael
Co-Chairman of the Board
|
+ 20000
|
9 USD |
|
11 years ago
Aug 29, 2013
|
Bought
180 K USD
|
Edison Jeffrey
Co-Chair of the Board and CEO
|
+ 20000
|
9 USD |
|
11 years ago
Jul 26, 2013
|
Bought
125 K USD
|
Phillips Michael
Co-Chairman of the Board
|
+ 13888.89
|
9 USD |
|
11 years ago
Jul 26, 2013
|
Bought
125 K USD
|
Edison Jeffrey
Co-Chair of the Board and CEO
|
+ 13888.89
|
9 USD |
|
11 years ago
Jul 15, 2013
|
Bought
250 K USD
|
Kirk Ronald
Director
|
+ 27777.78
|
9 USD |
|
11 years ago
Jul 10, 2013
|
Bought
150 K USD
|
Hershman Ethan
Director
|
+ 16666.67
|
9 USD |
|
11 years ago
Jun 28, 2013
|
Bought
110 K USD
|
Edison Jeffrey
Co-Chair of the Board and CEO
|
+ 12222.22
|
9 USD |
|
11 years ago
Jun 28, 2013
|
Bought
110 K USD
|
Phillips Michael
Co-Chairman of the Board
|
+ 12222.22
|
9 USD |
|
11 years ago
Jun 28, 2013
|
Bought
25 K USD
|
Addy Robert Mark
Co-President and COO
|
+ 2777.78
|
9 USD |
|
11 years ago
Jun 26, 2013
|
Bought
7.5 K USD
|
Kirk Ronald
Director
|
+ 833.33
|
9 USD |
|
11 years ago
Jun 26, 2013
|
Bought
8.25 K USD
|
Massey Paul
Director
|
+ 916.67
|
9 USD |
|
11 years ago
May 31, 2013
|
Bought
100 K USD
|
Phillips Michael
Co-Chair of Board and CEO
|
+ 11111.11
|
9 USD |
|
11 years ago
May 31, 2013
|
Bought
100 K USD
|
Edison Jeffrey
Co-Chair of Board and CEO
|
+ 11111.11
|
9 USD |
|
11 years ago
May 17, 2013
|
Bought
25 K USD
|
Addy Robert Mark
Co-President and COO
|
+ 2777.778
|
9 USD |
|
11 years ago
Apr 22, 2013
|
Bought
300 K USD
|
Kirk Ronald
Director
|
+ 33333.33
|
9 USD |
|
11 years ago
Apr 18, 2013
|
Bought
200 K USD
|
Kirk Ronald
Director
|
+ 22222.22
|
9 USD |
|
11 years ago
Apr 01, 2013
|
Bought
100 K USD
|
Edison Jeffrey
Co-Chairman of the Board & CEO
|
+ 11111.11
|
9 USD |
|
11 years ago
Apr 01, 2013
|
Bought
100 K USD
|
Phillips Michael
Co-Chairman of the Board
|
+ 11111.11
|
9 USD |
|
11 years ago
Mar 26, 2013
|
Bought
8.25 K USD
|
Massey Paul
Director
|
+ 916.67
|
9 USD |
|
11 years ago
Mar 26, 2013
|
Bought
7.5 K USD
|
Kirk Ronald
Director
|
+ 833.33
|
9 USD |
|
11 years ago
Feb 25, 2013
|
Bought
500 K USD
|
Phillips Michael
Co-Chairman of the Board
|
+ 55555.56
|
9 USD |
7. News
Phillips Edison & Company (PECO) Upgraded to Buy: Here's Why
Phillips Edison & Company (PECO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
zacks.com
- 3 weeks ago
Phillips Edison & Company Reveals Retail Trends in Commercial Real Estate for 2025
CINCINNATI, Dec. 10, 2024 (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 released its top anticipated shopping center retail trends for 2025 as part of ICSC New York.
globenewswire.com
- 1 month ago
Phillips Edison & Co: Defensive Shopping Center REIT
PECO has delivered over 21% total returns since November 2023, with a current forward yield of 3.12% and a P/FFO multiple of 16.31x. Looking at PECO stock, I question the relative valuation compared to peers KIM, REG, and FRT. Diving a bit more, I will identify PECO's advantages and vulnerabilities compared to peers.
seekingalpha.com
- 2 months ago
Phillips Edison & Company to Host Virtual Business Update
CINCINNATI, Nov. 04, 2024 (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 virtual Business Update on Thursday, December 19, 2024 at 11:30 a.m. Eastern Time. The event will be webcast only.
globenewswire.com
- 2 months ago
Phillips Edison & Company Declares Monthly Dividend Distribution
CINCINNATI , Oct. 30, 2024 (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 a monthly dividend distribution of $0.1025 per share of the Company's common stock payable on December 3, 2024; January 3, 2025; February 4, 2025; and March 4, 2025 to stockholders of record as of November 15, 2024; December 16, 2024; January 15, 2025; and February 18, 2025.
globenewswire.com
- 2 months ago
Phillips Edison & Company, Inc. (PECO) Q3 2024 Earnings Call Transcript
Phillips Edison & Company, Inc. (NASDAQ:PECO ) Q3 2024 Earnings Conference Call October 25, 2024 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 Caitlin Burrows - Goldman Sachs Ravi Vaidya - Mizuho Dori Kesten - Wells Fargo Omotayo Okusanya - Deutsche Bank Todd Thomas - KeyBanc Capital Floris Van Dijkum - Compass Point Juan Sanabria - BMO Capital Markets Michael Mueller - JPMorgan Ronald Kamden - Morgan Stanley Paulina Rojas - Green Street Operator Good day and welcome to Phillips Edison & Company's Third Quarter 2024 Earnings Call. Please note that this call is being recorded.
seekingalpha.com
- 2 months ago
Phillips Edison & Company (PECO) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Phillips Edison & Company (PECO) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
- 2 months ago
Phillips Edison & Company, Inc. (PECO) Beats Q3 FFO and Revenue Estimates
Phillips Edison & Company, Inc. (PECO) came out with quarterly funds from operations (FFO) of $0.62 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to FFO of $0.58 per share a year ago.
zacks.com
- 2 months ago
Phillips Edison & Company Reports Third Quarter 2024 Results and Updates Full Year Earnings Guidance
CINCINNATI, Oct. 24, 2024 (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 September 30, 2024 and updated full year 2024 earnings guidance. For the three and nine months ended September 30, 2024, net income attributable to stockholders was $11.6 million, or $0.09 per diluted share, and $44.5 million, or $0.36 per diluted share, respectively.
globenewswire.com
- 2 months ago
The State Of REITs: October 2024 Edition
REITs achieved their 5th straight month in the black with a +3.09% average total return in September and +9.61% year to date. Mid-cap (+5.01%), large cap (+3.41%) and small cap REITs (+2.59%) averaged solid gains in September. Micro caps (-0.42%) again averaged a negative total return. 72.3% of REIT securities had a positive total return in September.
seekingalpha.com
- 3 months ago
Phillips Edison & Company Inc. Invites You to Join Its Third Quarter 2024 Earnings Conference Call
CINCINNATI, Sept. 24, 2024 (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 Third Quarter 2024 earnings results on Thursday, October 24, 2024, 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, October 25, 2024, at 12:00 p.m. ET.
globenewswire.com
- 3 months ago
Phillips Edison: A High-Quality REIT At A High Valuation
PECO has a well-diversified retail portfolio consisting of primarily grocery-anchored assets. The majority of its tenants operate at a nation/region-wide scale. Though the favorable market dynamics have resulted in increasingly wide lease spreads, the corporate-level growth has been more modest.
seekingalpha.com
- 3 months ago
8. Profile
Summary
Phillips Edison & Company, Inc. PECO
COUNTRY
US
INDUSTRY
REIT - Retail
MARKET CAP
$ 4.39 B
Dividend Yield
1.05%
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
290
Officers
Mr. Joseph G. Schlosser
Executive Vice President & Chief Operating Officer
Ms. Tanya E. Brady J.D.
Executive Vice President, General Counsel & Secretary
Ms. Jennifer L. Robison
Senior Vice President & Chief Accounting Officer
Ms. Cherilyn K. Megill CMD, CRX
Senior Vice President & Chief Marketing Officer
Mr. John P. Caulfield CPA
Chief Financial Officer, Executive Vice President & Treasurer
Kim Green
Vice President of Investor Relations
Mr. Gary G. Bailey
Senior Vice President & Chief Information Officer
Mr. Keith A. Rummer J.D.
Senior Vice President & Chief People Officer
Mr. Robert F. Myers
President
Mr. Jeffrey S. Edison
Chairman & Chief Executive Officer