Phillips Edison & CoPECO
PECO
About: Phillips Edison & Co Inc is a real estate investment trust. The company also operates a third-party investment management business providing property management and advisory services to four unconsolidated institutional joint ventures, in which it has a partial ownership interests, and one private fund. It invests in well-occupied, grocery-anchored neighborhood and community shopping centers. It holds an integrated in-house operating platform built on market of expertise designed to optimize property value and consistently deliver a great shopping experience.
Employees: 300
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
933% more call options, than puts
Call options by funds: $1.84M | Put options by funds: $178K
29% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 35
0% less funds holding
Funds holding: 397 [Q4 2024] → 396 (-1) [Q1 2025]
3% less repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 137
1.09% less ownership
Funds ownership: 83.61% [Q4 2024] → 82.51% (-1.09%) [Q1 2025]
38% less capital invested
Capital invested by funds: $6.07B [Q4 2024] → $3.78B (-$2.29B) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$36
2%
upside
Avg. target
$36
2%
upside
High target
$36
2%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Wells Fargo | 2%upside $36 | Equal-Weight Maintained | 26 Mar 2025 |
Financial journalist opinion
Neutral
GlobeNewsWire
2 days ago
Phillips Edison & Company Announces Pricing of Offering of $350 Million Aggregate Principal Amount of 5.250% Senior Unsecured Notes Due 2032
CINCINNATI, June 13, 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 operating partnership, Phillips Edison Grocery Center Operating Partnership I, L.P. (the “Operating Partnership”), has priced a public offering of $350 million aggregate principal amount of 5.250% senior unsecured notes due 2032 (the “Notes”). The Notes were priced at 99.832% of the principal amount and will mature on August 15, 2032. The offering is expected to settle on June 17, 2025, subject to the satisfaction of customary closing conditions. The notes will be fully and unconditionally guaranteed by PECO.
Neutral
GlobeNewsWire
1 month ago
Phillips Edison & Company to Present at Nareit REITweek 2025 Investor Conference
CINCINNATI, May 15, 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 Chairman and Chief Executive Officer Jeff Edison, President Bob Myers and Chief Financial Officer John Caulfield will present at Nareit REITweek on Tuesday, June 3, 2025 at 8:45 a.m. Eastern Time.
Neutral
GlobeNewsWire
1 month ago
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.
Positive
Seeking Alpha
1 month 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.
Positive
Seeking Alpha
1 month 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.
Neutral
Seeking Alpha
1 month 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.
Positive
Zacks Investment Research
1 month 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.
Positive
Zacks Investment Research
1 month 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.
Neutral
GlobeNewsWire
1 month 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.
Neutral
GlobeNewsWire
1 month 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.
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