Phillips Edison & Company, Inc. (NASDAQ:PECO) Issues FY 2026 Earnings Guidance

Phillips Edison & Company, Inc. (NASDAQ:PECO) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.800-0.810 for the period, compared to the consensus earnings per share estimate of 1.480. The company issued revenue guidance of -.

Phillips Edison & Company, Inc. Stock Up 1.3%

Shares of PECO traded up $0.47 during mid-day trading on Wednesday, hitting $35.78. 70,485 shares of the company traded hands, compared to its average volume of 822,223. Phillips Edison & Company, Inc. has a 1-year low of $32.40 and a 1-year high of $39.41. The company has a market capitalization of $4.50 billion, a PE ratio of 54.21, a price-to-earnings-growth ratio of 1.53 and a beta of 0.53. The business has a 50 day moving average of $34.58 and a 200 day moving average of $34.72.

Phillips Edison & Company, Inc. (NASDAQ:PECO) last released its earnings results on Thursday, October 23rd. The company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.44). Phillips Edison & Company, Inc. had a return on equity of 3.14% and a net margin of 11.51%.The company had revenue of $182.67 million during the quarter, compared to analyst estimates of $177.19 million. During the same quarter last year, the business earned $0.62 earnings per share. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. Phillips Edison & Company, Inc. has set its FY 2025 guidance at 0.620-0.650 EPS. As a group, research analysts expect that Phillips Edison & Company, Inc. will post 2.55 EPS for the current fiscal year.

Phillips Edison & Company, Inc. Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th will be given a $0.1083 dividend. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Tuesday, February 17th. Phillips Edison & Company, Inc.’s dividend payout ratio is presently 196.97%.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. UBS Group started coverage on Phillips Edison & Company, Inc. in a research report on Friday, October 17th. They set a “neutral” rating and a $37.00 price target for the company. Wall Street Zen upgraded Phillips Edison & Company, Inc. from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. Barclays increased their price target on shares of Phillips Edison & Company, Inc. from $38.00 to $40.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 18th. LADENBURG THALM/SH SH assumed coverage on shares of Phillips Edison & Company, Inc. in a report on Tuesday, September 9th. They issued a “buy” rating and a $40.00 price objective on the stock. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Phillips Edison & Company, Inc. in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $38.33.

Hedge Funds Weigh In On Phillips Edison & Company, Inc.

Several large investors have recently made changes to their positions in PECO. Quantbot Technologies LP purchased a new stake in Phillips Edison & Company, Inc. during the third quarter worth $43,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Phillips Edison & Company, Inc. by 6,850.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,529 shares of the company’s stock worth $52,000 after acquiring an additional 1,507 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of Phillips Edison & Company, Inc. by 49.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,604 shares of the company’s stock valued at $91,000 after acquiring an additional 865 shares during the period. Triumph Capital Management purchased a new position in shares of Phillips Edison & Company, Inc. in the 3rd quarter valued at about $108,000. Finally, State of Wyoming acquired a new position in Phillips Edison & Company, Inc. in the 2nd quarter worth about $110,000. 80.70% of the stock is currently owned by institutional investors and hedge funds.

About Phillips Edison & Company, Inc.

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.