Phillips Edison & Company, Inc. (NASDAQ:PECO) Issues FY 2025 Earnings Guidance

Phillips Edison & Company, Inc. (NASDAQ:PECO) updated its FY 2025 earnings guidance on Friday. The company provided EPS guidance of 0.540-0.590 for the period, compared to the consensus EPS estimate of 0.450. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on PECO shares. Mizuho increased their target price on shares of Phillips Edison & Company, Inc. from $39.00 to $41.00 and gave the company an “outperform” rating in a research report on Tuesday, December 10th. Wolfe Research upgraded Phillips Edison & Company, Inc. from a “peer perform” rating to an “outperform” rating and set a $44.00 price objective on the stock in a research report on Wednesday, November 13th. JPMorgan Chase & Co. reduced their price target on Phillips Edison & Company, Inc. from $41.00 to $40.00 and set a “neutral” rating on the stock in a report on Tuesday, January 7th. Finally, Wells Fargo & Company dropped their price target on shares of Phillips Edison & Company, Inc. from $39.00 to $37.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 29th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Phillips Edison & Company, Inc. has an average rating of “Moderate Buy” and an average price target of $39.50.

Phillips Edison & Company, Inc. Stock Performance

Shares of Phillips Edison & Company, Inc. stock traded up $0.71 during trading hours on Friday, reaching $37.32. 700,270 shares of the company were exchanged, compared to its average volume of 568,723. The firm has a market cap of $4.58 billion, a PE ratio of 81.13, a PEG ratio of 3.17 and a beta of 0.58. The stock’s fifty day moving average is $37.43 and its 200 day moving average is $37.16. Phillips Edison & Company, Inc. has a 1 year low of $30.62 and a 1 year high of $40.12.

Phillips Edison & Company, Inc. (NASDAQ:PECO) last issued its earnings results on Thursday, February 6th. The company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.50. Phillips Edison & Company, Inc. had a return on equity of 2.22% and a net margin of 9.03%. Research analysts expect that Phillips Edison & Company, Inc. will post 2.42 earnings per share for the current year.

Phillips Edison & Company, Inc. Increases Dividend

The business also recently declared a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 17th were issued a dividend of $0.1025 per share. The ex-dividend date of this dividend was Monday, December 16th. This is an increase from Phillips Edison & Company, Inc.’s previous dividend of $0.10. This represents a dividend yield of 3.13%. Phillips Edison & Company, Inc.’s dividend payout ratio (DPR) is currently 267.39%.

Phillips Edison & Company, Inc. Company Profile

Phillips Edison & Co, Inc is a real estate investment trust, which engages in the ownership and operation of shopping centers. It also offers an investment management business providing property management and advisory services. Its portfolio consists of well-occupied, grocery-anchored neighborhood and community shopping centers having a mix of national, regional, and local retailers offering necessity-based goods and services.