Phillips Edison & Company, Inc. (NASDAQ:PECO) Updates FY 2026 Earnings Guidance

Phillips Edison & Company, Inc. (NASDAQ:PECO) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.790-0.810 for the period, compared to the consensus earnings per share estimate of 2.740. The company issued revenue guidance of -.

Phillips Edison & Company, Inc. Price Performance

Shares of NASDAQ:PECO traded down $0.06 during trading on Friday, hitting $38.99. 32,600 shares of the company were exchanged, compared to its average volume of 870,964. The company has a market cap of $4.90 billion, a PE ratio of 43.76, a P/E/G ratio of 0.97 and a beta of 0.53. The stock has a 50 day moving average of $38.28 and a 200 day moving average of $36.25. Phillips Edison & Company, Inc. has a 52-week low of $32.84 and a 52-week high of $40.06.

Phillips Edison & Company, Inc. (NASDAQ:PECO) last posted its earnings results on Thursday, April 23rd. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.43). Phillips Edison & Company, Inc. had a return on equity of 4.29% and a net margin of 15.32%.The company had revenue of $190.74 million for the quarter, compared to analysts’ expectations of $184.91 million. During the same quarter in the prior year, the company earned $0.65 EPS. The company’s revenue was up 6.9% on a year-over-year basis. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.790-0.810 EPS. Sell-side analysts forecast that Phillips Edison & Company, Inc. will post 2.74 EPS for the current fiscal year.

Phillips Edison & Company, Inc. Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Friday, May 15th will be given a $0.1083 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Friday, May 15th. Phillips Edison & Company, Inc.’s dividend payout ratio (DPR) is 146.07%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Weiss Ratings upgraded Phillips Edison & Company, Inc. from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 13th. Barclays increased their price objective on Phillips Edison & Company, Inc. from $40.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Monday, April 13th. Wells Fargo & Company increased their price objective on Phillips Edison & Company, Inc. from $36.00 to $40.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 19th. Morgan Stanley increased their price objective on Phillips Edison & Company, Inc. from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Tuesday. Finally, Mizuho set a $39.00 price objective on Phillips Edison & Company, Inc. in a research report on Friday, January 9th. Four equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $39.86.

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

A number of large investors have recently added to or reduced their stakes in PECO. Royal Bank of Canada raised its position in Phillips Edison & Company, Inc. by 12.8% during the first quarter. Royal Bank of Canada now owns 81,726 shares of the company’s stock valued at $2,982,000 after purchasing an additional 9,250 shares in the last quarter. AQR Capital Management LLC raised its position in Phillips Edison & Company, Inc. by 8.2% during the first 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 stake in Phillips Edison & Company, Inc. during the first quarter valued at about $333,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Phillips Edison & Company, Inc. by 4.6% during the first 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. Finally, EverSource Wealth Advisors LLC raised its position in Phillips Edison & Company, Inc. by 49.7% during the second quarter. EverSource Wealth Advisors LLC now owns 2,604 shares of the company’s stock valued at $91,000 after purchasing an additional 865 shares in the last quarter. Hedge funds and other institutional investors own 80.70% of the company’s stock.

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.