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

Phillips Edison & Company, Inc. (NASDAQ:PECO) is expected to be announcing its Q2 2025 earnings results after the market closes on Thursday, July 24th. Analysts expect the company to announce 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 announced its quarterly earnings data on Thursday, April 24th. The company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.02. Phillips Edison & Company, Inc. had a return on equity of 2.73% and a net margin of 10.51%. The business had revenue of $178.31 million during the quarter, compared to the consensus estimate of $170.59 million. During the same period in the previous year, the company posted $0.60 earnings per share. 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 Performance

Shares of Phillips Edison & Company, Inc. stock opened at $34.96 on Wednesday. Phillips Edison & Company, Inc. has a one year low of $32.40 and a one year high of $40.12. The company has a market cap of $4.38 billion, a PE ratio of 61.33, a P/E/G ratio of 1.22 and a beta of 0.55. The business has a 50-day simple moving average of $35.20 and a 200-day simple moving average of $35.62.

Phillips Edison & Company, Inc. Announces Dividend

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

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

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

Wall Street Analysts Forecast Growth

Several research firms have issued reports on PECO. Mizuho cut their price objective on Phillips Edison & Company, Inc. from $38.00 to $37.00 and set an “outperform” rating for the company in a research report on Thursday, July 17th. Barclays initiated coverage on Phillips Edison & Company, Inc. in a research report on Wednesday, July 2nd. They issued an “equal weight” rating and a $37.00 price target for the company. Finally, Wells Fargo & Company dropped their price target on Phillips Edison & Company, Inc. from $37.00 to $36.00 and set an “equal weight” rating for the company in a research report on Wednesday, March 26th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, Phillips Edison & Company, Inc. presently has an average rating of “Hold” and a consensus price target of $38.50.

Phillips Edison & Company, Inc. Company Profile

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.