Phillips Edison & Company, Inc. (NASDAQ:PECO) Issues Quarterly Earnings Results, Misses Estimates By $0.35 EPS

Phillips Edison & Company, Inc. (NASDAQ:PECO) announced its earnings results on Thursday. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.35), FiscalAI reports. Phillips Edison & Company, Inc. had a net margin of 15.61% and a return on equity of 4.46%. The company had revenue of $189.62 million during the quarter, compared to analysts’ expectations of $187.46 million. During the same quarter last year, the business posted $0.64 earnings per share. The company’s revenue for the quarter was up 6.7% compared to the same quarter last year. Phillips Edison & Company, Inc. updated its FY 2026 guidance to 0.950-0.970 EPS.

Phillips Edison & Company, Inc. Trading Up 0.9%

Shares of PECO stock traded up $0.39 during trading hours on Friday, hitting $43.07. The company’s stock had a trading volume of 90,820 shares, compared to its average volume of 944,165. The business has a fifty day moving average of $41.38 and a 200-day moving average of $39.05. The stock has a market cap of $5.42 billion, a price-to-earnings ratio of 46.80, a P/E/G ratio of 2.31 and a beta of 0.52. Phillips Edison & Company, Inc. has a twelve month low of $32.84 and a twelve month high of $44.38.

Phillips Edison & Company, Inc. Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, August 4th. Shareholders of record on Wednesday, July 15th will be issued a $0.1083 dividend. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Wednesday, July 15th. Phillips Edison & Company, Inc.’s dividend payout ratio is 141.30%.

Analyst Ratings Changes

A number of brokerages have commented on PECO. Wells Fargo & Company upped their price objective on shares of Phillips Edison & Company, Inc. from $42.00 to $47.00 and gave the stock an “equal weight” rating in a research report on Thursday. Morgan Stanley increased their price target on shares of Phillips Edison & Company, Inc. from $38.00 to $42.00 and gave the stock an “equal weight” rating in a report on Friday, July 10th. Weiss Ratings downgraded shares of Phillips Edison & Company, Inc. from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 2nd. Barclays boosted their target price on Phillips Edison & Company, Inc. from $42.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 12th. Finally, Evercore reissued an “outperform” rating and set a $44.00 target price on shares of Phillips Edison & Company, Inc. in a research note on Tuesday, July 7th. Three research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $44.14.

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

A number of institutional investors have recently modified their holdings of the company. Clark Capital Management Group Inc. purchased a new position in shares of Phillips Edison & Company, Inc. during the 4th quarter worth $202,000. Quadrant Capital Group LLC lifted its stake in shares of Phillips Edison & Company, Inc. by 47.0% in the 4th quarter. Quadrant Capital Group LLC now owns 2,003 shares of the company’s stock valued at $71,000 after purchasing an additional 640 shares in the last quarter. Steward Partners Investment Advisory LLC grew its stake in Phillips Edison & Company, Inc. by 31.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,978 shares of the company’s stock worth $70,000 after buying an additional 478 shares during the period. Triumph Capital Management acquired a new stake in Phillips Edison & Company, Inc. in the 3rd quarter valued at $108,000. Finally, State of Wyoming acquired a new stake in shares of Phillips Edison & Company, Inc. in the second quarter valued at about $110,000. Institutional investors and hedge funds own 80.70% of the company’s stock.

More Phillips Edison & Company, Inc. News

Here are the key news stories impacting Phillips Edison & Company, Inc. this week:

• Positive Sentiment: Moody’s updated Phillips Edison & Company’s outlook to positive and affirmed its Baa2 senior unsecured rating, signaling improved credit confidence that can support the stock. Moody’s Updates Phillips Edison & Company Outlook to Positive
• Positive Sentiment: Second-quarter revenue came in at $189.6 million, above analyst estimates, and increased 6.7% year over year, showing continued top-line growth. Phillips Edison & Company Reports Second Quarter 2026 Results
• Positive Sentiment: Funds from operations, a key REIT metric, were $0.69 per share, slightly ahead of expectations, which suggests underlying property performance was better than the headline EPS miss implies. Phillips Edison & Company, Inc. (PECO) Beats Q2 FFO Estimates
• Neutral Sentiment: The company’s reported EPS of $0.33 missed the consensus estimate of $0.68, but for REIT investors the FFO and rent-related metrics are often more important than GAAP EPS. Phillips Edison & Company Reports Second Quarter 2026 Results
• Negative Sentiment: Management’s updated FY2026 EPS guidance of $0.95 to $0.97 appears well below the cited consensus figure, which may temper enthusiasm despite the better credit outlook. Phillips Edison & Company Reports Second Quarter 2026 Results

About Phillips Edison & Company, Inc.

Phillips Edison & Company, Inc is a publicly traded real estate investment trust (REIT) that specializes in the acquisition, ownership and operation of grocery-anchored, necessity-based shopping centers. The company’s investment strategy is centered on properties that benefit from everyday consumer demand, seeking to deliver stable cash flows through long-term, triple-net leases with national and regional tenants in the grocery, drugstore and essential retail sectors.

In addition to its core retail portfolio, Phillips Edison & Company provides integrated services covering property management, asset management, leasing, development and acquisition sourcing.