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PECO

PECO - Phillips Edison & Company, Inc. Stock Price, Fair Value and News

33.18USD+0.07 (+0.21%)Market Closed

Market Summary

PECO
USD33.18+0.07
Market Closed
0.21%

PECO Stock Price

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PECO RSI Chart

PECO Valuation

Market Cap

4.1B

Price/Earnings (Trailing)

71.32

Price/Sales (Trailing)

6.65

Price/Free Cashflow

13.93

PECO Price/Sales (Trailing)

PECO Profitability

Return on Equity

2.46%

Return on Assets

1.17%

Free Cashflow Yield

7.18%

PECO Fundamentals

PECO Revenue

Revenue (TTM)

610.1M

Rev. Growth (Yr)

6.49%

Rev. Growth (Qtr)

1.3%

PECO Earnings

Earnings (TTM)

56.8M

Earnings Growth (Yr)

-1.06%

Earnings Growth (Qtr)

10.52%

Breaking Down PECO Revenue

Last 7 days

-2.5%

Last 30 days

-7.9%

Last 90 days

-6.8%

Trailing 12 Months

6.3%

How does PECO drawdown profile look like?

PECO Financial Health

Debt/Equity

0.85

Debt/Cashflow

0.15

PECO Investor Care

Dividend Yield

3.42%

Dividend/Share (TTM)

1.14

Shares Dilution (1Y)

4.18%

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
YearQ1Q2Q3Q4
2023584.3M593.9M600.7M610.1M
2022544.6M554.1M567.4M575.4M
2021496.9M510.9M516.5M532.8M
2020535.5M521.9M512.6M498.0M
2019460.0M488.4M519.5M536.7M
2018346.4M380.8M415.0M430.4M
2017263.0M269.7M275.1M311.5M
2016246.2M250.1M253.5M257.7M
2015211.5M226.8M238.6M242.1M
201497.6M126.4M156.2M188.2M
201326.6M38.6M53.6M73.2M
20125.1M7.6M11.9M17.6M
2011955.8K1.8M2.7M3.5M
201000098.0K

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

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 01, 2024
robison jennifer l
acquired
-
-
4,698
chief accounting officer & svp
Mar 01, 2024
robison jennifer l
sold (taxes)
-23,365
35.51
-658
chief accounting officer & svp
Jan 01, 2024
myers robert f.
sold (taxes)
-32,722
36.48
-897
president
Jan 01, 2024
caulfield john p
sold (taxes)
-14,847
36.48
-407
cfo, evp & treasurer
Jan 01, 2024
edison jeffrey
sold (taxes)
-104,333
36.48
-2,860
chairman and ceo
Jan 01, 2024
brady tanya
sold (taxes)
-5,873
36.48
-161
evp, gc & secretary
Jan 01, 2024
robison jennifer l
sold (taxes)
-18,130
36.48
-497
chief accounting officer & svp
Dec 31, 2023
myers robert f.
sold (taxes)
-132,131
36.48
-3,622
president
Dec 31, 2023
edison jeffrey
sold (taxes)
-518,819
36.48
-14,222
chairman and ceo
Dec 31, 2023
brady tanya
sold (taxes)
-32,029
36.48
-878
evp, gc & secretary

1–10 of 50

Which funds bought or sold PECO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 10, 2024
Marcum Wealth, LLC
reduced
-18.24
-109,723
449,953
0.05%
Apr 10, 2024
LexAurum Advisors, LLC
added
0.25
-4,142
286,196
0.07%
Apr 10, 2024
EWG Elevate Inc.
unchanged
-
-12,810
753,306
0.29%
Apr 10, 2024
SOA Wealth Advisors, LLC.
unchanged
-
-202
11,909
-%
Apr 09, 2024
MASSMUTUAL TRUST CO FSB/ADV
new
-
75,542
75,542
-%
Apr 05, 2024
GAMMA Investing LLC
added
13.08
12,304
85,299
0.02%
Apr 05, 2024
NBC SECURITIES, INC.
reduced
-10.37
-41,000
311,000
0.03%
Apr 05, 2024
CWM, LLC
added
4.52
28,000
1,047,000
-%
Apr 04, 2024
ORRSTOWN FINANCIAL SERVICES INC
sold off
-100
-232,848
-
-%
Apr 03, 2024
Versant Capital Management, Inc
unchanged
-
-155
9,147
-%

1–10 of 49

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
Mar 21, 2024
ARS
ARS
Mar 21, 2024
DEF 14A
DEF 14A
Mar 21, 2024
DEFA14A
DEFA14A
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Feb 21, 2024
8-K
Current Report

Phillips Edison & Company, Inc. News

Latest updates
Nasdaq36 hours ago

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

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue1.3%154152152151145146143142137132133130121127119132135136133133118
Operating Expenses3.2%116112114113112112111110114104108108111104102106121147137128118
  S&GA Expenses3.6%11.0010.0012.0012.0011.0011.0011.0012.0016.0012.0012.009.0011.0010.0010.0011.0010.0012.0014.0013.0013.00
Interest Expenses4.9%23.0022.0021.0019.0018.0018.0017.0018.0019.0019.0019.0020.0020.0020.0022.0023.0027.0025.0026.0025.0021.00
Net Income10.5%14.0012.0014.0017.0014.0011.0014.0010.00-5.2115.006.000.00-11.1912.00-5.5910.004.00-25.88-36.57-5.1965.00
Net Income Margin-1.8%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-18.8%72.0089.0068.0063.0062.0086.0082.0060.0065.0068.0081.0049.0053.00--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets3.1%4,8664,7184,7414,7874,7354,7304,6954,6404,6694,4924,5064,5674,6794,7224,7024,7674,8284,8954,9765,0575,163
    Cash Equivalents29.0%5.004.006.006.005.005.0025.005.0093.0024.0022.0020.0013210453.0037.0095.0030.0018.0013.0084.00
  Goodwill0%29.0029.0029.0029.0029.0029.0029.0029.0029.0029.0029.0029.0029.0029.0029.0029.0029.0029.0029.0029.0029.00
Liabilities4.8%2,2122,1112,1792,2142,1382,1162,1002,1032,1921,9942,5102,5572,6632,6142,6152,6732,6592,7472,7342,7082,751
  Long Term Debt5.3%1,9691,8701,9511,9671,8971,8731,8771,8761,8921,6992,2282,2772,2932,3192,3212,3562,3542,4222,4232,4162,439
Shareholder's Equity2.4%2,3102,2572,5622,5732,2362,6152,5952,5382,4762,4981,9952,0092,0162,1082,0872,0942,1692,1482,2422,3492,412
  Retained Earnings-1.8%-1,248-1,226-1,204-1,186-1,169-1,150-1,129-1,111-1,090-1,054-1,041-1,023-999-980-991-986-947-904-830-745-692
  Additional Paid-In Capital2.5%3,5473,4623,3883,3823,3843,3823,3423,2763,2643,2622,7502,7472,7392,7972,7952,7942,7792,7182,7192,6942,675
Shares Outstanding-----------94.0094.0093.0029029029096.00284---
Minority Interest-2.2%343351356360361361372372327324323325326344341342355361371398415
Float---4,000---3,900--------------
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-18.8%71,98088,59867,62762,76362,12786,26482,27860,22164,58968,41681,14648,75153,33167,33954,29335,61350,99375,81358,82541,24431,255
  Share Based Compensation42.3%1,8561,3043,2344724,0514,1684,0413,1467,5633,9863,7351,1102,0151,8542,141-1491,7452,1782,5211,2721,385
Cashflow From Investing-426.4%-207,047-39,336-15,585-91,418-54,970-90,382-79,396-106,497-218,326-12,00245,1474,690-30,531-7,095-4,053-2,41373,48517,685-55,36528,378-242,612
Cashflow From Financing366.4%135,706-50,939-54,09023,270-14,254-15,12323,336-51,784155,051-53,600-77,145-123,125-27,661-2,776-55,485-43,733-115,436-59,988-37,662-67,168261,722
  Dividend Payments4.1%35,40834,02033,04533,27632,96532,13931,05330,92631,03027,36124,01224,296248-16,29132,79230,65131,69730,65530,13219,603
  Buy Backs------------77,76556.00-35.005,1764,76218,2105,9945,4443,780

PECO Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:   
Rental income$ 597,501$ 560,538$ 519,495
Fees and management income9,64611,54110,335
Other property income2,9773,2933,016
Total revenues610,124575,372532,846
Operating Expenses:   
Property operating102,30395,35992,914
Real estate taxes72,81667,86465,381
General and administrative44,36645,23548,820
Depreciation and amortization236,443236,224221,433
Impairment of real estate assets03226,754
Total operating expenses455,928445,004435,302
Other:   
Interest expense, net(84,232)(71,196)(76,371)
Gain on disposal of property, net1,1107,51730,421
Other expense, net(7,312)(12,160)(34,361)
Net income63,76254,52917,233
Net income attributable to noncontrolling interests(6,914)(6,206)(2,112)
Net income attributable to stockholders$ 56,848$ 48,323$ 15,121
Earnings per share of common stock:   
Net income per share attributable to stockholders - basic (in dollars per share)$ 0.48$ 0.42$ 0.15
Net income per share attributable to stockholders - diluted (in dollars per share)$ 0.48$ 0.42$ 0.15
Comprehensive income:   
Net income$ 63,762$ 54,529$ 17,233
Other comprehensive (loss) income:   
Change in unrealized value on interest rate swaps(11,816)51,28532,000
Comprehensive income51,946105,81449,233
Net income attributable to noncontrolling interests(6,914)(6,206)(2,112)
Change in unrealized value on interest rate swaps attributable to noncontrolling interests1,265(5,736)(4,500)
Reallocation of comprehensive income (loss) upon conversion of noncontrolling interests71273(13)
Comprehensive income attributable to stockholders$ 46,368$ 94,145$ 42,608

PECO Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Investment in real estate:  
Land and improvements$ 1,768,487$ 1,674,133
Building and improvements3,818,1843,572,146
In-place lease assets495,525471,507
Above-market lease assets74,44671,954
Total investment in real estate assets6,156,6425,789,740
Accumulated depreciation and amortization(1,540,551)(1,316,743)
Net investment in real estate assets4,616,0914,472,997
Investment in unconsolidated joint ventures25,22027,201
Total investment in real estate assets, net4,641,3114,500,198
Cash and cash equivalents4,8725,478
Restricted cash4,00611,871
Goodwill29,06629,066
Other assets, net186,411188,879
Total assets4,865,6664,735,492
Liabilities:  
Debt obligations, net1,969,2721,896,594
Below-market lease liabilities, net108,223109,799
Accounts payable and other liabilities116,461113,185
Deferred income18,35918,481
Total liabilities2,212,3152,138,059
Commitments and contingencies (see Note 11)00
Equity:  
Preferred stock00
Common stock1,2201,171
Additional paid-in capital (“APIC”)3,546,8383,383,978
Accumulated other comprehensive income (“AOCI”)10,52321,003
Accumulated deficit(1,248,273)(1,169,665)
Total stockholders’ equity2,310,3082,236,487
Noncontrolling interests343,043360,946
Total equity2,653,3512,597,433
Total liabilities and equity$ 4,865,666$ 4,735,492
PECO
Phillips Edison & Company, Inc. (“PECO”) 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
 WEBSITEphillipsedison.com
 INDUSTRYREIT Mortgage
 EMPLOYEES290

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 Thu Apr 11 2024, market cap of Phillips Edison & Company, Inc. is 4.05 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 Thu Apr 11 2024, PECO's PE ratio (Price to Earnings) is 71.32 and Price to Sales (PS) ratio is 6.65. 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.