Phillips Edison (PECO) Stock

Phillips Edison & Company (PECO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

CINCINNATI, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or “the Company”), a leading owner and operator of high-quality neighborhood shopping centers anchored by grocery stores, has shared its key expected retail trends for shopping centers in 2025 during the ICSC event in New York.

Since November 2023, PECO has provided total returns of more than 21%, with a forward yield of 3.12% and a P/FFO multiple of 16.31x. When examining PECO's stock, I wonder how its valuation stacks up against competitors like KIM, REG, and FRT. I will explore PECO's strengths and weaknesses in relation to these peers.

CINCINNATI, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), a leading owner and operator of quality grocery-anchored neighborhood shopping centers in the U.S., will hold a virtual Business Update on Thursday, December 19, 2024, at 11:30 a.m. Eastern Time. This event will be available to watch online only.

CINCINNATI, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO), a leading owner and operator of grocery-anchored shopping centers in the U.S., has announced a monthly dividend of $0.1025 per share. This dividend will be paid on December 3, 2024; January 3, 2025; February 4, 2025; and March 4, 2025, to shareholders who are on record as of November 15, 2024; December 16, 2024; January 15, 2025; and February 18, 2025.

Phillips Edison & Company, Inc. (NASDAQ:PECO) will hold its Q3 2024 Earnings Conference Call on October 25, 2024, at 12:00 PM ET. The call will feature company leaders, including Kimberly Green, Jeff Edison, Bob Myers, and John Caulfield, along with participants from various financial institutions. Please be aware that this call is being recorded.

The main figures for Phillips Edison & Company (PECO) provide an overview of its performance for the quarter that ended in September 2024. However, it could be useful to compare these important metrics with Wall Street predictions and the results from the same period last year.

CINCINNATI, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), a leading owner and operator of grocery-anchored shopping centers in the U.S., has announced its financial results for the period ending September 30, 2024, along with an update on its earnings forecast for the full year. For the three and nine months ending September 30, 2024, the net income for stockholders was $11.6 million, or $0.09 per diluted share, and $44.5 million, or $0.36 per diluted share, respectively.

CINCINNATI, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO), a leading owner and operator of grocery-anchored shopping centers in the U.S., will release its Third Quarter 2024 earnings on Thursday, October 24, 2024, after the market closes. The earnings report and additional information will be available on the Investor Relations section of the Company's website at https://investors.phillipsedison.com/. On Friday, October 25, 2024, at 12:00 p.m. ET, Chairman and CEO Jeff Edison, President Bob Myers, and CFO John Caulfield will lead an earnings conference call that will also be available via webcast.