Phillips Edison & Company Stock (NASDAQ:PECO)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$37.80

52W Range

$30.62 - $39.08

50D Avg

$37.26

200D Avg

$34.75

Market Cap

$4.66B

Avg Vol (3M)

$650.07K

Beta

0.33

Div Yield

$1.23 (3.10%)

PECO Company Profile


Phillips Edison & Company, Inc. (PECO), an internally-managed REIT, is one of the nation's largest owners and operators of grocery-anchored shopping centers. PECO's diversified portfolio of well-occupied neighborhood shopping centers features a mix of national and regional retailers selling necessity-based goods and services in fundamentally strong markets throughout the United States. Through its vertically-integrated operating platform, the Company manages a portfolio of 309 properties, including 283 wholly-owned properties comprising approximately 31.7 million square feet across 31 states (as of September 30, 2020). PECO has generated strong operating results over its 29+ year history and has partnered with leading institutional commercial real estate investors, including TPG Real Estate and The Northwestern Mutual Life Insurance Company. The Company remains exclusively focused on creating great grocery-anchored shopping experiences and improving the communities it serves one center at a time.

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Industry

REIT - Retail

Sector

Real Estate

Exchange

NASDAQ

ADR

-

Country

US

Employees

290

IPO Date

Feb 25, 2021

Website

PECO Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceSep 18Jun 18Mar 18
Owned Real Estate$95.79M$94.90M$94.35M
Investment Management$527.00K$546.00K$524.00K

Fiscal year ends in Dec 23 | Currency in USD

PECO Financial Summary


Dec 23Dec 22Dec 21
Revenue$610.12M$575.37M$532.85M
Operating Income$154.20M$118.53M$69.94M
Net Income$56.85M$48.32M$15.12M
EBITDA$390.64M$354.75M$291.37M
Basic EPS$0.48$0.42$0.15
Diluted EPS$0.48$0.42$0.15

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 24Oct 25, 24 | 3:09 PM
Q2 24Jul 26, 24 | 3:17 PM
Q1 24Apr 26, 24 | 12:00 AM

Peer Comparison


TickerCompany
IVTInvenTrust Properties Corp.
SITCSITE Centers Corp.
AKRAcadia Realty Trust
BRXBrixmor Property Group Inc.
KRGKite Realty Group Trust
ROICRetail Opportunity Investments Corp.
NTSTNETSTREIT Corp.
UEUrban Edge Properties
CBLCBL & Associates Properties, Inc.