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

Phillips Edison & Company, Inc. (NASDAQ:PECO) issued an update on 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 0.7%

PECO opened at $37.76 on Friday. The stock has a market cap of $4.86 billion, a PE ratio of 32.84, a P/E/G ratio of 1.97 and a beta of 0.52. Phillips Edison & Company, Inc. has a 1 year low of $32.98 and a 1 year high of $44.38. The stock’s 50 day simple moving average is $39.36 and its 200-day simple moving average is $39.84.

Phillips Edison & Company, Inc. (NASDAQ:PECO) last issued its earnings results 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 return on equity of 5.52% and a net margin of 19.14%.The company had revenue of $189.62 million during the quarter, compared to analyst estimates of $187.46 million. During the same period in the previous year, the company posted $0.64 earnings per share. The company’s quarterly revenue was up 6.7% on a year-over-year basis. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.950-0.970 EPS. Equities analysts forecast that Phillips Edison & Company, Inc. will post 2.77 earnings per share for the current fiscal year.

Phillips Edison & Company, Inc. Dividend Announcement

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

Analyst Ratings Changes

PECO has been the subject of a number of research analyst reports. Barclays decreased their target price on Phillips Edison & Company, Inc. from $46.00 to $43.00 and set an “equal weight” rating for the company in a research note on Monday. Weiss Ratings raised Phillips Edison & Company, Inc. from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, July 23rd. Wells Fargo & Company dropped their target price on shares of Phillips Edison & Company, Inc. from $47.00 to $43.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 1st. Evercore reaffirmed an “outperform” rating on shares of Phillips Edison & Company, Inc. in a report on Monday, September 21st. Finally, Mizuho lowered their price objective on Phillips Edison & Company, Inc. from $43.00 to $39.00 and set an “outperform” rating on the stock in a research report on Thursday, September 24th. Four equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average 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.