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

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

Phillips Edison & Company, Inc. Trading Up 0.4%

Phillips Edison & Company, Inc. stock opened at $37.49 on Friday. The stock 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 12 month low of $32.98 and a 12 month high of $44.38. The company 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.

Phillips Edison & Company, Inc. (NASDAQ:PECO – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.35). Phillips Edison & Company, Inc. had a net margin of 19.14% and a return on equity of 5.52%. The business had revenue of $189.62 million during the quarter, compared to the consensus estimate of $187.46 million. During the same quarter last year, the business earned $0.64 EPS. The firm’s quarterly revenue was up 6.7% compared to the same quarter last year. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.950-0.970 EPS. As a group, analysts predict that Phillips Edison & Company, Inc. will post 2.77 earnings per share for the current fiscal year.

Phillips Edison & Company, Inc. Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Monday, November 16th will be given a $0.1150 dividend. This represents a $1.38 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Monday, November 16th. Phillips Edison & Company, Inc.’s payout ratio is 120.00%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Griffin Securities set a $44.00 price target on Phillips Edison & Company, Inc. in a research note on Monday, September 21st. Evercore reissued an “outperform” rating on shares of Phillips Edison & Company, Inc. in a research report on Monday, September 21st. Mizuho decreased their target price on Phillips Edison & Company, Inc. from $43.00 to $39.00 and set an “outperform” rating for the company in a research note on Thursday, September 24th. LADENBURG THALM/SH SH lifted their price objective on shares of Phillips Edison & Company, Inc. from $44.00 to $46.00 and gave the company a “buy” rating in a research note on Tuesday, June 16th. Finally, JPMorgan Chase & Co. boosted their target price on shares of 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. Four equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $43.11.

View Our Latest Stock Analysis on Phillips Edison & Company, Inc.

About Phillips Edison & Company, Inc.

(Get Free Report)

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.

Further Reading

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