PECO Stock Price, Phillips Edison & Co., . Quote, Chart

Market Summary

USD33.06-0.36

Delayedas of 08 May 2024, 12:50 pm

-1.08%

PECO Stock Price

View Fullscreen

PECO RSI Chart

PECO Valuation

Market Cap

4.1B

Price/Earnings (Trailing)

70.65

Price/Sales (Trailing)

6.59

Price/Free Cashflow

14.04

PECO Price/Sales (Trailing)

PECO Profitability

Return on Equity

2.2%

Return on Assets

1.18%

Free Cashflow Yield

7.12%

PECO Fundamentals

PECO Revenue

Revenue (TTM)

620.4M

Rev. Growth (Yr)

6.78%

Rev. Growth (Qtr)

4.44%

PECO Earnings

Earnings (TTM)

57.9M

Earnings Growth (Yr)

6.32%

Earnings Growth (Qtr)

30.57%

Breaking Down PECO Revenue

52 Week Range

27.8536.46

(Low)(High)

Last 7 days

2.2%

Last 30 days

-2.2%

Last 90 days

-3.7%

Trailing 12 Months

10.2%

How does PECO drawdown profile look like?

PECO Financial Health

Debt/Equity

0.76

Debt/Cashflow

0.14

PECO Investor Care

Dividend Yield

3.44%

Dividend/Share (TTM)

1.15

Shares Dilution (1Y)

4.35%

Diluted EPS (TTM)

0.48

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	620.4M	0	0	0
2023	584.3M	593.9M	600.7M	610.1M
2022	544.6M	554.1M	567.4M	575.4M
2021	496.9M	510.9M	516.5M	532.8M
2020	535.5M	521.9M	512.6M	498.0M
2019	460.0M	488.4M	519.5M	536.7M
2018	346.4M	380.8M	415.0M	430.4M
2017	263.0M	269.7M	275.1M	311.5M
2016	246.2M	250.1M	253.5M	257.7M
2015	211.5M	226.8M	238.6M	242.1M
2014	97.6M	126.4M	156.2M	188.2M
2013	26.6M	38.6M	53.6M	73.2M
2012	5.1M	7.6M	11.9M	17.6M
2011	955.8K	1.8M	2.7M	3.5M
2010	0	0	0	98.0K

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Phillips Edison & Company, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 30, 2024	chao leslie t	acquired	-	-	3,364	-
Apr 30, 2024	strong john a.	acquired	-	-	3,364	-
Apr 30, 2024	fischer elizabeth	acquired	-	-	3,364	-
Apr 30, 2024	silfen jane	acquired	-	-	3,364	-
Apr 30, 2024	terry anthony e	acquired	-	-	3,364	-
Apr 30, 2024	quazzo stephen r	acquired	-	-	3,364	-
Apr 30, 2024	wood gregory s.	acquired	-	-	3,364	-
Mar 01, 2024	robison jennifer l	sold (taxes)	-23,365	35.51	-658	chief accounting officer & svp
Mar 01, 2024	robison jennifer l	acquired	-	-	4,698	chief accounting officer & svp
Jan 01, 2024	caulfield john p	sold (taxes)	-14,847	36.48	-407	cfo, evp & treasurer

Which funds bought or sold PECO recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	SG Americas Securities, LLC	new	-	475,000	475,000	-%
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	added	3.38	62,171	3,830,700	0.03%
May 06, 2024	Advisory Services Network, LLC	reduced	-11.09	-30,695	213,283	-%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	reduced	-33.54	-468,000	884,000	0.01%
May 06, 2024	Metis Global Partners, LLC	new	-	304,716	304,716	0.01%
May 06, 2024	Advisory Alpha, LLC	added	0.52	-4,341	371,107	0.01%
May 06, 2024	HighTower Advisors, LLC	added	0.23	-15,000	911,000	-%
May 06, 2024	Quantbot Technologies LP	added	120	420,884	782,109	0.04%
May 06, 2024	Integrated Advisors Network LLC	reduced	-2.97	-106,335	2,206,830	0.11%
May 06, 2024	Savant Capital, LLC	added	0.09	-5,073	314,421	-%

Are Funds Buying or Selling PECO?

Are funds buying PECO calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PECO

No. of Funds

Unveiling Phillips Edison & Company, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	15.69%	18,759,585	SC 13G/A
Feb 09, 2024	massachusetts financial services co /ma/	2.6%	3,087,214	SC 13G/A
Feb 08, 2024	wellington management group llp	6.76%	8,083,622	SC 13G/A
Jan 29, 2024	state street corp	5.58%	6,674,943	SC 13G
Jan 19, 2024	blackrock inc.	17.8%	21,259,846	SC 13G/A
Jul 07, 2023	blackrock inc.	18.1%	21,283,920	SC 13G/A
Feb 09, 2023	janus henderson group plc	0.8%	979,810	SC 13G/A
Feb 09, 2023	vanguard group inc	14.60%	17,097,620	SC 13G/A
Feb 08, 2023	massachusetts financial services co /ma/	5.0%	5,907,063	SC 13G
Feb 06, 2023	wellington management group llp	7.89%	9,238,506	SC 13G/A

Recent SEC filings of Phillips Edison & Company, Inc.

View All Filings

Date Filed	Form Type	Document
May 06, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
Apr 30, 2024	8-K	Current Report

Phillips Edison & Company, Inc. News

Latest updates

Phillips Edison & Company, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	4.4%	161	154	152	152	151	145	146	143	142	137	132	133	130	121	127	119	132	135	136	133	133
Operating Expenses	1.2%	117	116	112	114	113	112	112	111	110	114	104	108	108	111	104	102	106	121	147	137	128
S&GA Expenses	9.8%	12.00	11.00	10.00	12.00	12.00	11.00	11.00	11.00	12.00	16.00	12.00	12.00	9.00	11.00	10.00	10.00	11.00	10.00	12.00	14.00	13.00
Interest Expenses	3.4%	23.00	23.00	22.00	21.00	19.00	18.00	18.00	17.00	18.00	19.00	19.00	19.00	20.00	20.00	20.00	22.00	23.00	27.00	25.00	26.00	25.00
Net Income	30.6%	18.00	14.00	12.00	14.00	17.00	14.00	11.00	14.00	10.00	-5.21	15.00	6.00	0.00	-11.19	12.00	-5.59	10.00	4.00	-25.88	-36.57	-5.19
Net Income Margin	0.2%	0.09*	0.09*	0.09*	0.09*	0.09*	0.08*	0.05*	0.06*	0.05*	0.03*	0.02*	0.01*	-0.01*	0.01*	-	-	-	-	-	-	-
Free Cashflow	-12.3%	63.00	72.00	89.00	68.00	63.00	62.00	86.00	82.00	60.00	65.00	68.00	81.00	49.00	53.00	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.4%	4,887	4,866	4,718	4,741	4,787	4,735	4,730	4,695	4,640	4,669	4,492	4,506	4,567	4,679	4,722	4,702	4,767	4,828	4,895	4,976	5,057
Cash Equivalents	15.6%	6.00	5.00	4.00	6.00	6.00	17.00	5.00	25.00	5.00	93.00	24.00	22.00	20.00	132	104	53.00	37.00	95.00	30.00	18.00	13.00
Goodwill	0%	29.00	29.00	29.00	29.00	29.00	29.00	29.00	29.00	29.00	29.00	29.00	29.00	29.00	29.00	29.00	29.00	29.00	29.00	29.00	29.00	29.00
Liabilities	1.7%	2,249	2,212	2,111	2,179	2,214	2,138	2,116	2,100	2,103	2,192	1,994	2,510	2,557	2,663	2,614	2,615	2,673	2,659	2,747	2,734	2,708
Long Term Debt	2.4%	2,016	1,969	1,870	1,951	1,967	1,897	1,873	1,877	1,876	1,892	1,699	2,228	2,277	2,293	2,319	2,321	2,356	2,354	2,422	2,423	2,416
Shareholder's Equity	-0.5%	2,300	2,310	2,257	2,562	2,573	2,597	2,615	2,595	2,538	2,476	2,498	1,995	2,009	2,016	2,108	2,087	2,094	2,169	2,148	2,242	2,349
Retained Earnings	-1.5%	-1,266	-1,248	-1,226	-1,204	-1,186	-1,169	-1,150	-1,129	-1,111	-1,090	-1,054	-1,041	-1,023	-999	-980	-991	-986	-947	-904	-830	-745
Additional Paid-In Capital	0.1%	3,552	3,547	3,462	3,388	3,382	3,384	3,382	3,342	3,276	3,264	3,262	2,750	2,747	2,739	2,797	2,795	2,794	2,779	2,718	2,719	2,694
Shares Outstanding	-	122	-	-	-	117	-	-	-	-	-	-	94.00	94.00	93.00	290	290	290	96.00	-	-	-
Minority Interest	-1.5%	338	343	351	356	360	361	361	372	372	327	324	323	325	326	344	341	342	355	361	371	398
Float	-	-	-	-	4,000	-	-	-	3,900	-	-	-	-	-	-	-	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-12.3%	63,138	71,980	88,598	67,627	62,763	62,127	86,264	82,278	60,221	64,589	68,416	81,146	48,751	53,331	67,339	54,293	35,613	50,993	75,813	58,825	41,244
Share Based Compensation	-14.0%	1,597	1,856	1,304	3,234	472	4,051	4,168	4,041	3,146	7,563	3,986	3,735	1,110	2,015	1,854	2,141	-149	1,745	2,178	2,521	1,272
Cashflow From Investing	67.8%	-66,637	-207,047	-39,336	-15,585	-91,418	-54,970	-90,382	-79,396	-106,497	-218,326	-12,002	45,147	4,690	-30,531	-7,095	-4,053	-2,413	73,485	17,685	-55,365	28,378
Cashflow From Financing	-96.5%	4,718	135,706	-50,939	-54,090	23,270	-14,254	-15,123	23,336	-51,784	155,051	-53,600	-77,145	-123,125	-27,661	-2,776	-55,485	-43,733	-115,436	-59,988	-37,662	-67,168
Dividend Payments	1.6%	35,976	35,408	34,020	33,045	33,276	32,965	32,139	31,053	30,926	31,030	27,361	24,012	24,296	248	-	16,291	32,792	30,651	31,697	30,655	30,132
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	77,765	56.00	-	35.00	5,176	4,762	18,210	5,994	5,444

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

PECO Income Statement

2024-03-31

Consolidated Statements of Operations and Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Rental income	$ 158,068	$ 147,728
Fees and management income	2,565	2,478
Other property income	669	858
Total revenues	161,302	151,064
Operating Expenses:
Property operating	26,534	25,062
Real estate taxes	18,854	18,056
General and administrative	11,813	11,533
Depreciation and amortization	60,206	58,498
Total operating expenses	117,407	113,149
Other:
Interest expense, net	(23,335)	(19,466)
(Loss) gain on disposal of property, net	(5)	942
Other expense, net	(929)	(755)
Net income	19,626	18,636
Net income attributable to noncontrolling interests	(1,956)	(2,017)
Net income attributable to stockholders	$ 17,670	$ 16,619
Earnings per share of common stock:
Net income per share attributable to stockholders - basic (in dollars per share)	$ 0.14	$ 0.14
Net income per share attributable to stockholders - diluted (in dollars per share)	$ 0.14	$ 0.14
Comprehensive income:
Net income	$ 19,626	$ 18,636
Other comprehensive income (loss):
Change in unrealized value on interest rate swaps	2,905	(6,499)
Comprehensive income	22,531	12,137
Net income attributable to noncontrolling interests	(1,956)	(2,017)
Change in unrealized value on interest rate swaps attributable to noncontrolling interests	(294)	704
Reallocation of comprehensive income (loss) upon conversion of noncontrolling interests	10	(27)
Comprehensive income attributable to stockholders	$ 20,291	$ 10,797

PECO Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Investment in real estate:
Land and improvements	$ 1,789,539	$ 1,768,487
Building and improvements	3,860,003	3,818,184
In-place lease assets	500,918	495,525
Above-market lease assets	74,499	74,446
Total investment in real estate assets	6,224,959	6,156,642
Accumulated depreciation and amortization	(1,598,743)	(1,540,551)
Net investment in real estate assets	4,626,216	4,616,091
Investment in unconsolidated joint ventures	24,656	25,220
Total investment in real estate assets, net	4,650,872	4,641,311
Cash and cash equivalents	5,631	4,872
Restricted cash	4,466	4,006
Goodwill	29,066	29,066
Other assets, net	196,474	186,411
Total assets	4,886,509	4,865,666
Liabilities:
Debt obligations, net	2,015,554	1,969,272
Below-market lease liabilities, net	110,774	108,223
Accounts payable and other liabilities	102,162	116,461
Deferred income	20,621	18,359
Total liabilities	2,249,111	2,212,315
Commitments and contingencies (see Note 8)	0	0
Equity:
Preferred stock, $0.01 par value per share, 10,000 shares authorized, zero shares issued and outstanding at March 31, 2024 and December 31, 2023	0	0
Common stock, $0.01 par value per share, 1,000,000 shares authorized, 122,323 and 122,024 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	1,223	1,220
Additional paid-in capital (“APIC”)	3,551,678	3,546,838
Accumulated other comprehensive income (“AOCI”)	13,144	10,523
Accumulated deficit	(1,266,541)	(1,248,273)
Total stockholders’ equity	2,299,504	2,310,308
Noncontrolling interests	337,894	343,043
Total equity	2,637,398	2,653,351
Total liabilities and equity	$ 4,886,509	$ 4,865,666

About Phillips Edison & Company, Inc.

Phillips Edison & Company, Inc. (Ã‚â€œPECOÃ‚â€) is one of the nation's largest owners and operators of omni-channel grocery-anchored shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO's centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO's top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of June 30, 2023, PECO managed 294 shopping centers, including 274 wholly-owned centers comprising 31.4 million square feet across 31 states and 20 shopping centers owned in one institutional joint venture. PECO is exclusively focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time.

CEO	Mr. Jeffrey S. Edison
WEBSITE	phillipsedison.com
INDUSTRY	REIT Mortgage
EMPLOYEES	290

Phillips Edison & Company, Inc. Frequently Asked Questions

What is the ticker symbol for Phillips Edison & Company, Inc.? What does PECO stand for in stocks?

PECO is the stock ticker symbol of Phillips Edison & Company, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Phillips Edison & Company, Inc. (PECO)?

As of Tue May 07 2024, market cap of Phillips Edison & Company, Inc. is 4.09 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PECO stock?

You can check PECO's fair value in chart for subscribers.

What is the fair value of PECO stock?

You can check PECO's fair value in chart for subscribers. The fair value of Phillips Edison & Company, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Phillips Edison & Company, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PECO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Phillips Edison & Company, Inc. a good stock to buy?

The fair value guage provides a quick view whether PECO is over valued or under valued. Whether Phillips Edison & Company, Inc. is cheap or expensive depends on the assumptions which impact Phillips Edison & Company, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PECO.

What is Phillips Edison & Company, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, PECO's PE ratio (Price to Earnings) is 70.65 and Price to Sales (PS) ratio is 6.59. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PECO PE ratio will change depending on the future growth rate expectations of investors.