Phillips Edison & Company, Inc. (PECO) Projected to Post Earnings on Thursday

Phillips Edison & Company, Inc. (NASDAQ:PECO) is expected to release its Q2 2025 earnings data after the market closes on Thursday, July 24th. Analysts expect Phillips Edison & Company, Inc. to post earnings of $0.63 per share and revenue of $174.38 million for the quarter. Phillips Edison & Company, Inc. has set its FY 2025 guidance at 0.580-0.630 EPS.

Phillips Edison & Company, Inc. (NASDAQ:PECO) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.02. Phillips Edison & Company, Inc. had a net margin of 10.51% and a return on equity of 2.73%. The business had revenue of $178.31 million for the quarter, compared to analysts’ expectations of $170.59 million. During the same period in the prior year, the company posted $0.60 EPS. The business’s revenue for the quarter was up 10.2% on a year-over-year basis. On average, analysts expect Phillips Edison & Company, Inc. to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Phillips Edison & Company, Inc. Stock Up 2.2%

NASDAQ:PECO opened at $34.79 on Thursday. Phillips Edison & Company, Inc. has a fifty-two week low of $32.40 and a fifty-two week high of $40.12. The stock has a market cap of $4.36 billion, a PE ratio of 61.04, a price-to-earnings-growth ratio of 1.20 and a beta of 0.55. The firm’s fifty day simple moving average is $35.22 and its 200-day simple moving average is $35.68.

Phillips Edison & Company, Inc. Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 17th were paid a dividend of $0.1025 per share. The ex-dividend date of this dividend was Monday, June 16th. This represents a dividend yield of 3.5%. Phillips Edison & Company, Inc.’s dividend payout ratio (DPR) is presently 215.79%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on PECO. Wells Fargo & Company lowered their price target on shares of Phillips Edison & Company, Inc. from $37.00 to $36.00 and set an “equal weight” rating on the stock in a research note on Wednesday, March 26th. Barclays started coverage on shares of Phillips Edison & Company, Inc. in a research report on Wednesday, July 2nd. They issued an “equal weight” rating and a $37.00 price objective on the stock. Four analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $38.67.

Institutional Investors Weigh In On Phillips Edison & Company, Inc.

Several institutional investors and hedge funds have recently made changes to their positions in PECO. Royal Bank of Canada boosted its position in shares of Phillips Edison & Company, Inc. by 12.8% in the 1st quarter. Royal Bank of Canada now owns 81,726 shares of the company’s stock worth $2,982,000 after buying an additional 9,250 shares in the last quarter. AQR Capital Management LLC lifted its holdings in Phillips Edison & Company, Inc. by 8.2% in the 1st quarter. AQR Capital Management LLC now owns 11,091 shares of the company’s stock valued at $405,000 after purchasing an additional 845 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in Phillips Edison & Company, Inc. in the 1st quarter valued at about $333,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Phillips Edison & Company, Inc. by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 73,111 shares of the company’s stock valued at $2,668,000 after purchasing an additional 3,199 shares in the last quarter. 80.70% of the stock is currently owned by hedge funds and other institutional investors.

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.