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Phillips Edison & Company (PECO) Stock Forecast, Price Target & Predictions

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PECO Stock Forecast

Phillips Edison & Company stock forecast is as follows: an average price target of $35.75 (represents a -8.45% downside from PECO’s last price of $39.05) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.

PECO Price Target

The average price target for Phillips Edison & Company (PECO) is $35.75 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $38.00 to $34.00. This represents a potential -8.45% downside from PECO's last price of $39.05.

PECO Analyst Ratings

Buy

According to 7 Wall Street analysts, Phillips Edison & Company's rating consensus is 'Buy'. The analyst rating breakdown for PECO stock is 0 'Strong Buy' (0.00%), 4 'Buy' (57.14%), 3 'Hold' (42.86%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Phillips Edison & Company Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 28, 2024Dori KestenWells Fargo--0.14%-5.25%
May 29, 2024Omotayo OkusanyaDeutsche Bank--22.07%-2.69%
Aug 29, 2022Morgan Stanley--1.64%-12.93%
Jul 15, 2022Morgan Stanley---9.21%-20.61%
Jun 22, 2022Compass Point--3.50%-12.93%
May 13, 2022Morgan Stanley---4.19%-18.05%
Apr 22, 2022Compass Point--1.28%-6.53%
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The latest Phillips Edison & Company stock forecast, released on Aug 28, 2024 by Dori Kesten from Wells Fargo, set a price target of $37.00, which represents a 0.14% increase from the stock price at the time of the forecast ($36.95), and a -5.25% decrease from PECO last price ($39.05).

Phillips Edison & Company Price Target by Period

1M3M12M
# Anlaysts-12
Avg Price Target-$37.00$37.50
Last Closing Price$39.05$39.05$39.05
Upside/Downside-100.00%-5.25%-3.97%

In the current month, the average price target of Phillips Edison & Company stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Phillips Edison & Company's last price of $39.05. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 12, 2024Wolfe ResearchOutperformOutperformUpgrade
Sep 10, 2024Compass PointNeutralNeutralHold
Aug 28, 2024Wells FargoEqual-WeightUpgrade
May 29, 2024Deutsche BankBuyBuyHold
Jun 13, 2023Goldman SachsBuyBuyHold
Jan 09, 2023Credit SuisseOutperformUpgrade
Aug 29, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jul 15, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jun 22, 2022Compass PointNeutralNeutralHold
May 13, 2022Morgan StanleyEqual-WeightEqual-WeightHold
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Phillips Edison & Company's last stock rating was published by Wolfe Research on Nov 12, 2024. The company gave PECO a "Outperform" rating, the same as its previous rate.

Phillips Edison & Company Financial Forecast

Phillips Edison & Company Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Revenue------------$154.45M$152.47M$152.14M$151.06M$145.04M$145.65M$142.52M$142.16M$137.06M$132.33M
Avg Forecast$178.66M$177.15M$175.65M$174.17M$172.92M$174.51M$171.71M$170.16M$167.27M$157.20M$156.29M$152.71M$152.01M$144.89M$147.00M$146.08M$143.40M$139.67M$138.58M$136.39M$124.47M$127.86M
High Forecast$181.82M$180.29M$178.76M$177.25M$175.99M$177.61M$174.75M$173.41M$168.75M$157.62M$156.29M$152.71M$156.80M$146.37M$149.60M$148.67M$145.94M$139.67M$138.58M$136.39M$124.47M$127.86M
Low Forecast$174.57M$173.10M$171.64M$170.19M$168.97M$170.52M$167.79M$164.27M$165.73M$156.77M$156.29M$152.71M$149.39M$143.27M$143.63M$142.74M$140.12M$139.67M$138.58M$136.39M$124.47M$127.86M
# Analysts2222111442113544333344
Surprise %------------1.02%1.05%1.03%1.03%1.01%1.04%1.03%1.04%1.10%1.04%

Phillips Edison & Company's average Quarter revenue forecast for Mar 24 based on 1 analysts is $152.71M, with a low forecast of $152.71M, and a high forecast of $152.71M. PECO's average Quarter revenue forecast represents a -1.13% decrease compared to the company's last Quarter revenue of $154.45M (Dec 23).

Phillips Edison & Company EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts2222111442113544333344
EBITDA------------$98.06M$98.79M$97.38M$95.66M$89.18M$93.50M$92.39M$89.31M$69.63M$82.41M
Avg Forecast$110.40M$109.47M$108.54M$107.63M$106.86M$107.84M$106.11M$105.15M$103.37M$97.14M$96.58M$94.36M$93.93M$89.53M$90.83M$90.27M$69.77M$84.84M$60.95M$82.85M$75.61M$71.40M
High Forecast$112.36M$111.41M$110.47M$109.53M$108.75M$109.75M$107.99M$107.16M$104.28M$97.40M$96.58M$94.36M$96.89M$90.45M$92.44M$91.87M$83.73M$84.84M$73.14M$82.85M$75.61M$85.68M
Low Forecast$107.88M$106.96M$106.06M$105.16M$104.41M$105.37M$103.68M$101.51M$102.41M$96.88M$96.58M$94.36M$92.32M$88.53M$88.76M$88.21M$55.82M$84.84M$48.76M$82.85M$75.61M$57.12M
Surprise %------------1.04%1.10%1.07%1.06%1.28%1.10%1.52%1.08%0.92%1.15%

1 analysts predict PECO's average Quarter EBITDA for Mar 24 to be $94.36M, with a high of $94.36M and a low of $94.36M. This is -3.77% lower than Phillips Edison & Company's previous annual EBITDA (Dec 23) of $98.06M.

Phillips Edison & Company Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts2222111442113544333344
Net Income------------$13.53M$12.24M$14.45M$-40.76M$13.68M$6.21M$13.53M$10.08M$-5.67M$14.63M
Avg Forecast$20.49M$20.49M$19.12M$17.76M$20.94M$20.49M$19.58M$19.12M$17.88M$19.61M$19.69M$19.13M$14.32M$15.26M$14.67M$15.92M$-5.48M$15.21M$9.02M$10.49M$1.09M$12.45M
High Forecast$20.96M$20.96M$19.56M$18.16M$21.42M$20.96M$20.03M$19.42M$18.29M$19.98M$19.70M$19.14M$14.57M$18.03M$15.01M$16.29M$-4.38M$15.21M$10.82M$10.49M$1.09M$14.94M
Low Forecast$19.88M$19.88M$18.55M$17.23M$20.32M$19.88M$18.99M$18.82M$17.30M$19.24M$19.68M$19.13M$14.07M$11.10M$14.23M$15.45M$-6.57M$15.21M$7.21M$10.49M$1.09M$9.96M
Surprise %------------0.95%0.80%0.99%-2.56%-2.50%0.41%1.50%0.96%-5.18%1.18%

Phillips Edison & Company's average Quarter net income forecast for Mar 24 is $19.13M, with a range of $19.13M to $19.14M. PECO's average Quarter net income forecast represents a 41.37% increase compared to the company's last Quarter net income of $13.53M (Dec 23).

Phillips Edison & Company SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts2222111442113544333344
SG&A------------$10.76M$10.38M$11.69M$11.53M$11.48M$10.84M$11.38M$11.53M$15.91M$11.63M
Avg Forecast$14.88M$14.76M$14.63M$14.51M$14.40M$14.54M$14.30M$14.17M$13.93M$13.09M$13.02M$12.72M$12.66M$12.07M$12.24M$12.17M$16.73M$11.63M$7.58M$11.36M$10.37M$9.90M
High Forecast$15.14M$15.02M$14.89M$14.76M$14.66M$14.79M$14.56M$14.44M$14.06M$13.13M$13.02M$12.72M$13.06M$12.19M$12.46M$12.38M$20.07M$11.63M$9.10M$11.36M$10.37M$11.87M
Low Forecast$14.54M$14.42M$14.30M$14.18M$14.07M$14.20M$13.98M$13.68M$13.80M$13.06M$13.02M$12.72M$12.44M$11.93M$11.96M$11.89M$13.38M$11.63M$6.07M$11.36M$10.37M$7.92M
Surprise %------------0.85%0.86%0.95%0.95%0.69%0.93%1.50%1.02%1.54%1.18%

Phillips Edison & Company's average Quarter SG&A projection for Mar 24 is $12.72M, based on 1 Wall Street analysts, with a range of $12.72M to $12.72M. The forecast indicates a 18.19% rise compared to PECO last annual SG&A of $10.76M (Dec 23).

Phillips Edison & Company EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts2222111442113544333344
EPS------------$0.11$0.10$0.12$-0.34$0.12$0.05$0.12$0.09$-0.05$0.13
Avg Forecast$0.15$0.15$0.14$0.13$0.15$0.15$0.14$0.14$0.13$0.14$0.14$0.14$0.10$0.11$0.11$0.12$0.09$0.11$0.09$0.08$0.01$0.04
High Forecast$0.15$0.15$0.14$0.13$0.16$0.15$0.15$0.14$0.13$0.15$0.14$0.14$0.11$0.13$0.11$0.12$0.09$0.11$0.09$0.08$0.01$0.04
Low Forecast$0.15$0.15$0.14$0.13$0.15$0.15$0.14$0.14$0.13$0.14$0.14$0.14$0.10$0.08$0.10$0.11$0.08$0.11$0.09$0.08$0.01$0.04
Surprise %------------1.05%0.90%1.12%-2.92%1.40%0.48%1.37%1.17%-6.79%3.18%

According to 1 Wall Street analysts, Phillips Edison & Company's projected average Quarter EPS for Mar 24 is $0.14, with a low estimate of $0.14 and a high estimate of $0.14. This represents a 27.35% increase compared to PECO previous annual EPS of $0.11 (Dec 23).

Phillips Edison & Company Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
SITCSITE Centers--107.49%Hold
NTSTNETSTREIT--47.84%Buy
UEUrban Edge Properties--8.93%Buy
IVTInvenTrust Properties--5.14%Buy
KRGKite Realty Group Trust--1.14%Buy
BRXBrixmor Property Group---3.06%Buy
PECOPhillips Edison & Company---8.45%Buy
ROICRetail Opportunity Investments---8.92%Hold
AKRAcadia Realty Trust---18.00%Buy

PECO Forecast FAQ

Is Phillips Edison & Company a good buy?

Yes, according to 7 Wall Street analysts, Phillips Edison & Company (PECO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 57.14% of PECO's total ratings.

What is PECO's price target?

Phillips Edison & Company (PECO) average price target is $35.75 with a range of $34 to $38, implying a -8.45% from its last price of $39.05. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Phillips Edison & Company stock go up soon?

According to Wall Street analysts' prediction for PECO stock, the company can go down by -8.45% (from the last price of $39.05 to the average price target of $35.75), down by -2.69% based on the highest stock price target, and down by -12.93% based on the lowest stock price target.

Can Phillips Edison & Company stock reach $60?

PECO's average twelve months analyst stock price target of $35.75 does not support the claim that Phillips Edison & Company can reach $60 in the near future.

What are Phillips Edison & Company's analysts' financial forecasts?

Phillips Edison & Company's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $689.31M (high $701.76M, low $671.54M), average EBITDA is $425.95M (high $433.64M, low $414.97M), average net income is $80.12M (high $81.83M, low $78.01M), average SG&A $57.41M (high $58.45M, low $55.93M), and average EPS is $0.587 (high $0.599, low $0.571). PECO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $705.63M (high $718.13M, low $689.5M), average EBITDA is $436.04M (high $443.76M, low $426.07M), average net income is $77.85M (high $79.64M, low $75.54M), average SG&A $58.77M (high $59.82M, low $57.43M), and average EPS is $0.57 (high $0.583, low $0.553).

Did the PECO's actual financial results beat the analysts' financial forecasts?

Based on Phillips Edison & Company's last annual report (Dec 2023), the company's revenue was $610.12M, beating the average analysts forecast of $589.98M by 3.41%. Apple's EBITDA was $390.64M, beating the average prediction of $364.57M by 7.15%. The company's net income was $56.85M, missing the average estimation of $60.17M by -5.52%. Apple's SG&A was $44.37M, missing the average forecast of $49.14M by -9.72%. Lastly, the company's EPS was $0.48, beating the average prediction of $0.441 by 8.95%. In terms of the last quarterly report (Dec 2023), Phillips Edison & Company's revenue was $154.45M, beating the average analysts' forecast of $152.01M by 1.61%. The company's EBITDA was $98.06M, beating the average prediction of $93.93M by 4.39%. Phillips Edison & Company's net income was $13.53M, missing the average estimation of $14.32M by -5.48%. The company's SG&A was $10.76M, missing the average forecast of $12.66M by -15.00%. Lastly, the company's EPS was $0.11, beating the average prediction of $0.105 by 4.93%