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Phillips Edison & Company (PECO)
NASDAQ:PECO
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PECO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$30.62 - $37.92
Previous Close$36.96
Volume1.01M
Average Volume (3M)707.35K
Market Cap
$5.03B
Enterprise Value$7.41B
Total Cash (Recent Filing)$7.06M
Total Debt (Recent Filing)$2.04B
Price to Earnings (P/E)78.3
Beta0.71
Next Earnings
Oct 31, 2024EPS Estimate
$0.15Last Dividend Ex-Date
Aug 15, 2024Dividend Yield3.14%
Share Statistics
EPS (TTM)0.47
Shares Outstanding122,500,000
10 Day Avg. Volume549,948
30 Day Avg. Volume707,350
Standard Deviation0.06
R-Squared0.26
Alpha0.00641
Financial Highlights & Ratios
Price to Book (P/B)2.71
Price to Sales (P/S)7.19
Price to Cash Flow (P/CF)14.40
P/FCF Ratio2353.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.76
Enterprise Value/Gross Profit17.02
Enterprise Value/Ebitda18.59
Forecast
1Y Price Target
$36.86Price Target Upside-0.27% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Phillips Edison & Company News
Bulls Say, Bears Say
Bulls Say
Development And RedevelopmentLeadership also leaned into the development/redevelopment platform with $22M in new starts during the quarter.
Joint Venture And External GrowthManagement turned its focus toward external growth this quarter, and formed a $300M grocery-anchored joint venture with Cohen and Steers which closed its first acquisition.
Occupancy And Lease SpreadsSS occupancy likely still leads the shopping center group at 97.2% while total lease spreads (+16.1%) are also likely to outpace shopping center peers.
Bears Say
Earnings2Q24 NAREIT & Core FFO missed.
Financial PerformanceSSNOI was modest (2Q24 +1.9%; YTD +2.8%), also implying a 2H ramp.
NOI GrowthSS NOI growth decelerated to 1.9% from 3.7%, driven by higher than expected SS operating expense growth.
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Ownership Overview
0.57% Insiders
29.22% Mutual Funds
38.46% Other Institutional Investors
31.75% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PECO FAQ
What was Phillips Edison & Company’s price range in the past 12 months?
Phillips Edison & Company lowest stock price was $30.62 and its highest was $37.92 in the past 12 months.
What is Phillips Edison & Company’s market cap?
Currently, no data Available
When is Phillips Edison & Company’s upcoming earnings report date?
Phillips Edison & Company’s upcoming earnings report date is Oct 31, 2024 which is in 54 days.
How were Phillips Edison & Company’s earnings last quarter?
Phillips Edison & Company released its earnings results on Jul 25, 2024. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.144 by -$0.024.
Is Phillips Edison & Company overvalued?
According to Wall Street analysts Phillips Edison & Company’s price is currently Overvalued.
Does Phillips Edison & Company pay dividends?
Phillips Edison & Company pays a Monthly dividend of $0.1 which represents an annual dividend yield of 3.14%. See more information on Phillips Edison & Company dividends here
What is Phillips Edison & Company’s EPS estimate?
Phillips Edison & Company’s EPS estimate is $0.15.
How many shares outstanding does Phillips Edison & Company have?
Phillips Edison & Company has 122,500,000 shares outstanding.
What happened to Phillips Edison & Company’s price movement after its last earnings report?
Phillips Edison & Company reported an EPS of $0.12 in its last earnings report, missing expectations of $0.144. Following the earnings report the stock price went up 0.504%.
Which hedge fund is a major shareholder of Phillips Edison & Company?
Among the largest hedge funds holding Phillips Edison & Company’s share is Caxton Associates LP. It holds Phillips Edison & Company’s shares valued at 639K.
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Phillips Edison & Company Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$36.86 (-0.27% Downside)
$36.86 (-0.27% Downside)
Blogger Sentiment
Bullish
PECO Sentiment 75%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 15.4K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.16%
12-Months-Change
Fundamentals
Return on Equity
2.62%
Trailing 12-Months
Asset Growth
3.50%
Trailing 12-Months
Company Description
Phillips Edison & Company
Phillips Edison & Co Inc is a real estate investment trust. It invests primarily in well-occupied, grocery-anchored neighborhood and community shopping centers. It holds an integrated in-house operating platform built on market leading expertise designed to optimize property value and consistently deliver a great shopping experience.
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PECO Company Deck
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PECO Earnings Call
Q2 2024
0:00 / 0:00
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PECO Stock 12 Month Forecast
Average Price Target
$36.86
▼(-0.27% Downside)
Technical Analysis
Best Analysts Covering PECO
1 Year
1 Year Success Rate
10/11 ratings generated profit
1 Year Average Return
+8.91%
reiterated a buy rating 19 days ago
Copying Haendel St. Juste's trades and holding each position for 1 Year would result in 90.91% of your transactions generating a profit, with an average return of +8.91% per trade.
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