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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$34.02
Volume844.72K
Average Volume (3M)703.58K
Market Cap
$4.16B
Enterprise Value$6.51B
Total Cash (Recent Filing)$5.63M
Total Debt (Recent Filing)$2.02B
Price to Earnings (P/E)72.7
Beta0.74
Next Earnings
Oct 31, 2024EPS Estimate
$0.15Last Dividend Ex-Date
Jul 15, 2024Dividend Yield3.43%
Share Statistics
EPS (TTM)0.47
Shares Outstanding122,400,000
10 Day Avg. Volume777,841
30 Day Avg. Volume703,582
Standard Deviation0.06
R-Squared0.26
Alpha0.00453
Financial Highlights & Ratios
Price to Book (P/B)1.75
Price to Sales (P/S)6.51
Price to Cash Flow (P/CF)13.80
P/FCF Ratio14.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.50
Enterprise Value/Gross Profit14.97
Enterprise Value/Ebitda16.59
Forecast
1Y Price Target
$36.44Price Target Upside7.11% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Phillips Edison & Company News
PremiumCompany Announcements
Phillips Edison Announces Monthly Distribution for August 2024
PremiumCompany Announcements
Phillips Edison Announces Results and New Joint Venture
Bulls Say, Bears Say
Bulls Say
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.
Leasing & OccupancySS 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.
Tenant Demand & Pricing PowerPECO’s unique strategy of obtaining and creating a portfolio of centers with the #1 or #2 grocer in the market drives foot traffic and retailer demand for space, resulting in higher rents.
Bears Say
Bad DebtBad debt expense was elevated at $1.8mn which PECO attributed to normal course of business and being more aggressive with late paying tenants.
DebtPECO's elevated exposure to variable rate debt in the current environment is leading to elevated interest expense.
Operating ExpensesThe deceleration appears to be driven by higher than expected SS operating expense growth.
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Ownership Overview
0.57% Insiders
29.14% Mutual Funds
32.79% Other Institutional Investors
37.49% 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 68 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 Undervalued.
Does Phillips Edison & Company pay dividends?
Phillips Edison & Company pays a Monthly dividend of $0.1 which represents an annual dividend yield of 3.43%. 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 122,400,000 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 0.502%.
Which hedge fund is a major shareholder of Phillips Edison & Company?
Among the largest hedge funds holding Phillips Edison & Company’s share is Sheaff Brock Investment Advisors LLC. It holds Phillips Edison & Company’s shares valued at 273K.
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Phillips Edison & Company Stock Smart Score
Unlock Smart Score
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$36.44 (7.11% Upside)
$36.44 (7.11% Upside)
Blogger Sentiment
Bullish
PECO Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 9.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.9%
Last 30 Days ▼ 15.7%
Last 30 Days ▼ 15.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-0.29%
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
$36.44
▲(7.11% Upside)
Technical Analysis
Best Analysts Covering PECO
1 Year
1 Year Success Rate
7/10 ratings generated profit
1 Year Average Return
+5.97%
reiterated a buy rating 3 months ago
Copying Haendel St. Juste's trades and holding each position for 1 Year would result in 70.00% of your transactions generating a profit, with an average return of +5.97% per trade.
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