Phillips Edison & Company, Inc. (NASDAQ:PECO – Get Free Report) is set to release its earnings data after the market closes on Thursday, April 25th. Analysts expect Phillips Edison & Company, Inc. to post earnings of $0.60 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.
Phillips Edison & Company, Inc. Stock Up 0.7 %
Shares of PECO stock opened at $33.49 on Wednesday. Phillips Edison & Company, Inc. has a 52-week low of $27.85 and a 52-week high of $37.92. The stock has a market cap of $4.09 billion, a PE ratio of 72.81, a price-to-earnings-growth ratio of 3.72 and a beta of 0.55. The business has a 50-day simple moving average of $34.70 and a 200-day simple moving average of $35.06.
Phillips Edison & Company, Inc. Increases Dividend
The company also recently announced a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be issued a dividend of $0.0975 per share. This represents a $1.17 annualized dividend and a dividend yield of 3.49%. This is a positive change from Phillips Edison & Company, Inc.’s previous monthly dividend of $0.10. The ex-dividend date of this dividend is Friday, April 12th. Phillips Edison & Company, Inc.’s payout ratio is 254.35%.
Analysts Set New Price Targets
Read Our Latest Stock Report on Phillips Edison & Company, Inc.
About Phillips Edison & Company, Inc.
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.
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