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Phillips EdisonNASDAQ: PECO

Profile

Industry:

Retail

Country:

United States

IPO:

25 February 2021

Next earnings report:

07 February 2025

Last dividends:

15 November 2024

Next dividends:

18 February 2025
$4.79 B
0%vs. 3y high
75%vs. sector
-82%vs. 3y high
90%vs. sector
0%vs. 3y high
76%vs. sector
-1%vs. 3y high
72%vs. sector

Price

regular market | 5 min ago
$39.04+$0.12(+0.31%)
$165.53 M$168.76 M
$165.53 M$11.60 M

Analysts recommendations

Institutional Ownership

PECO Latest News

Phillips Edison & Co: Defensive Shopping Center REIT
seekingalpha.com13 November 2024 Sentiment: POSITIVE

PECO has delivered over 21% total returns since November 2023, with a current forward yield of 3.12% and a P/FFO multiple of 16.31x. Looking at PECO stock, I question the relative valuation compared to peers KIM, REG, and FRT. Diving a bit more, I will identify PECO's advantages and vulnerabilities compared to peers.

Phillips Edison & Company to Host Virtual Business Update
globenewswire.com04 November 2024 Sentiment: POSITIVE

CINCINNATI, Nov. 04, 2024 (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 a virtual Business Update on Thursday, December 19, 2024 at 11:30 a.m. Eastern Time. The event will be webcast only.

Phillips Edison & Company Declares Monthly Dividend Distribution
globenewswire.com30 October 2024 Sentiment: POSITIVE

CINCINNATI , Oct. 30, 2024 (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 a monthly dividend distribution of $0.1025 per share of the Company's common stock payable on December 3, 2024; January 3, 2025; February 4, 2025; and March 4, 2025 to stockholders of record as of November 15, 2024; December 16, 2024; January 15, 2025; and February 18, 2025.

Phillips Edison & Company, Inc. (PECO) Q3 2024 Earnings Call Transcript
seekingalpha.com25 October 2024 Sentiment: POSITIVE

Phillips Edison & Company, Inc. (NASDAQ:PECO ) Q3 2024 Earnings Conference Call October 25, 2024 12:00 PM ET Company Participants Kimberly Green - Head of IR Jeff Edison - CEO Bob Myers - President John Caulfield - CFO Conference Call Participants Jeffrey Spector - Bank of America Merrill Lynch Caitlin Burrows - Goldman Sachs Ravi Vaidya - Mizuho Dori Kesten - Wells Fargo Omotayo Okusanya - Deutsche Bank Todd Thomas - KeyBanc Capital Floris Van Dijkum - Compass Point Juan Sanabria - BMO Capital Markets Michael Mueller - JPMorgan Ronald Kamden - Morgan Stanley Paulina Rojas - Green Street Operator Good day and welcome to Phillips Edison & Company's Third Quarter 2024 Earnings Call. Please note that this call is being recorded.

Phillips Edison & Company (PECO) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
zacks.com24 October 2024 Sentiment: POSITIVE

The headline numbers for Phillips Edison & Company (PECO) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Phillips Edison & Company Reports Third Quarter 2024 Results and Updates Full Year Earnings Guidance
globenewswire.com24 October 2024 Sentiment: POSITIVE

CINCINNATI, Oct. 24, 2024 (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 September 30, 2024 and updated full year 2024 earnings guidance. For the three and nine months ended September 30, 2024, net income attributable to stockholders was $11.6 million, or $0.09 per diluted share, and $44.5 million, or $0.36 per diluted share, respectively.

Phillips Edison & Company Inc. Invites You to Join Its Third Quarter 2024 Earnings Conference Call
globenewswire.com24 September 2024 Sentiment: POSITIVE

CINCINNATI, Sept. 24, 2024 (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 announce its Third Quarter 2024 earnings results on Thursday, October 24, 2024, after the market closes. PECO's earnings release and supplemental information package will be posted on the Investor Relations section of the Company's website at https://investors.phillipsedison.com/. Chairman and Chief Executive Officer Jeff Edison, President Bob Myers and Chief Financial Officer John Caulfield will host an earnings conference call, which will also be webcasted, on Friday, October 25, 2024, at 12:00 p.m. ET.

Phillips Edison: A High-Quality REIT At A High Valuation
seekingalpha.com20 September 2024 Sentiment: POSITIVE

PECO has a well-diversified retail portfolio consisting of primarily grocery-anchored assets. The majority of its tenants operate at a nation/region-wide scale. Though the favorable market dynamics have resulted in increasingly wide lease spreads, the corporate-level growth has been more modest.

Phillips Edison & Company to Host PECO GROW Update for Financial Advisors and Retail Investors on September 18
globenewswire.com12 September 2024 Sentiment: POSITIVE

CINCINNATI, Sept. 12, 2024 (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 a PECO GROW Update for financial advisors and retail investors on Wednesday, September 18, 2024, at 12:00 p.m. ET. During the webcast, PECO will discuss the business and answer questions from financial advisors and retail investors.

Phillips Edison & Company Announces Pricing of Offering of $350 Million Aggregate Principal Amount of 4.950% Senior Unsecured Notes Due 2035
globenewswire.com09 September 2024 Sentiment: POSITIVE

CINCINNATI, Sept. 09, 2024 (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 4.950% senior unsecured notes due 2035 (the “Notes”). The Notes were priced at 98.458% of the principal amount and will mature on January 15, 2035. The offering is expected to settle on September 12, 2024, subject to the satisfaction of customary closing conditions. The notes will be fully and unconditionally guaranteed by PECO.

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What type of business is Phillips Edison?

Phillips Edison & Company, Inc. (“PECO”) is one of the nation's largest owners and operators of omni-channel grocery-anchored shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO's centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO's top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of December 31, 2023, PECO managed 301 shopping centers, including 281 wholly-owned centers comprising 32.2 million square feet across 31 states and 20 shopping centers owned in one institutional joint venture. PECO is exclusively focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time.

What sector is Phillips Edison in?

Phillips Edison is in the Real Estate sector

What industry is Phillips Edison in?

Phillips Edison is in the Retail industry

What country is Phillips Edison from?

Phillips Edison is headquartered in United States

When did Phillips Edison go public?

Phillips Edison initial public offering (IPO) was on 25 February 2021

What is Phillips Edison website?

https://www.phillipsedison.com

Is Phillips Edison in the S&P 500?

No, Phillips Edison is not included in the S&P 500 index

Is Phillips Edison in the NASDAQ 100?

No, Phillips Edison is not included in the NASDAQ 100 index

Is Phillips Edison in the Dow Jones?

No, Phillips Edison is not included in the Dow Jones index

When was Phillips Edison the previous earnings report?

No data

When does Phillips Edison earnings report?

The next expected earnings date for Phillips Edison is 07 February 2025