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

Phillips Edison & Company, Inc. (NASDAQ:PECO) updated its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 0.950-0.970 for the period, compared to the consensus earnings per share estimate of 2.770. The company issued revenue guidance of -.

Phillips Edison & Company, Inc. Stock Up 0.4%

Shares of NASDAQ:PECO opened at $37.49 on Friday. The firm has a market capitalization of $4.82 billion, a PE ratio of 32.60, a P/E/G ratio of 1.96 and a beta of 0.52. The company has a 50-day moving average price of $39.47 and a two-hundred day moving average price of $39.86. Phillips Edison & Company, Inc. has a twelve month low of $32.98 and a twelve month high of $44.38.

Phillips Edison & Company, Inc. (NASDAQ:PECO) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.35). The business had revenue of $189.62 million during the quarter, compared to the consensus estimate of $187.46 million. Phillips Edison & Company, Inc. had a net margin of 19.14% and a return on equity of 5.52%. The business’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period last year, the firm earned $0.64 EPS. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.950-0.970 EPS. Analysts anticipate that Phillips Edison & Company, Inc. will post 2.77 earnings per share 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, December 1st. Investors of record on Monday, November 16th will be paid a $0.1150 dividend. This represents a $1.38 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Monday, November 16th. Phillips Edison & Company, Inc.’s payout ratio is currently 120.00%.

Wall Street Analyst Weigh In

Several research firms have issued reports on PECO. Wells Fargo & Company dropped their target price on Phillips Edison & Company, Inc. from $47.00 to $43.00 and set an “equal weight” rating on the stock in a research report on Tuesday, September 1st. JPMorgan Chase & Co. lifted their price target on Phillips Edison & Company, Inc. from $41.00 to $46.00 and gave the company a “neutral” rating in a research report on Tuesday, August 4th. Griffin Securities set a $44.00 price target on Phillips Edison & Company, Inc. in a research report on Monday, September 21st. Evercore reiterated an “outperform” rating on shares of Phillips Edison & Company, Inc. in a research note on Monday, September 21st. Finally, Barclays dropped their price objective on Phillips Edison & Company, Inc. from $46.00 to $43.00 and set an “equal weight” rating on the stock in a report on Monday. Four investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $43.11.

About Phillips Edison & Company, Inc.

Phillips Edison & Company, Inc is a real estate investment trust (REIT) that owns, operates and develops grocery-anchored shopping centers in the United States. Its properties are designed to serve everyday consumer needs and typically include grocery stores alongside restaurants, service businesses, retailers and other neighborhood-oriented tenants.

The company focuses on acquiring and managing shopping centers located in communities with favorable demographic and economic characteristics.