Phillips Edison & Company (PECO) Stock Forecast, Price Target & Predictions
PECO Stock Forecast
Phillips Edison & Company stock forecast is as follows: an average price target of $35.75 (represents a -8.17% downside from PECO’s last price of $38.93) 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 -8.17% downside from PECO's last price of $38.93.
PECO Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 28, 2024 | Dori Kesten | Wells Fargo | $37.00 | $36.95 | 0.14% | -4.96% |
| May 29, 2024 | Omotayo Okusanya | Deutsche Bank | $38.00 | $31.13 | 22.07% | -2.39% |
| Aug 29, 2022 | - | Morgan Stanley | $34.00 | $33.45 | 1.64% | -12.66% |
| Jul 15, 2022 | - | Morgan Stanley | $31.00 | $34.15 | -9.21% | -20.37% |
| Jun 22, 2022 | - | Compass Point | $34.00 | $32.85 | 3.50% | -12.66% |
| May 13, 2022 | - | Morgan Stanley | $32.00 | $33.40 | -4.19% | -17.80% |
| Apr 22, 2022 | - | Compass Point | $36.50 | $36.04 | 1.28% | -6.24% |
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 -4.96% decrease from PECO last price ($38.93).
Phillips Edison & Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 2 |
| Avg Price Target | $37.00 | $37.00 | $37.50 |
| Last Closing Price | $38.93 | $38.93 | $38.93 |
| Upside/Downside | -4.96% | -4.96% | -3.67% |
In the current month, the average price target of Phillips Edison & Company stock is $37.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -4.96% decrease as opposed to Phillips Edison & Company's last price of $38.93. This month's average price target is down 0.00% compared to last quarter, and down -1.33% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 10, 2024 | Compass Point | Neutral | Neutral | Hold |
| Aug 28, 2024 | Wells Fargo | - | Equal-Weight | Upgrade |
| May 29, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Jun 13, 2023 | Goldman Sachs | Buy | Buy | Hold |
| Jan 09, 2023 | Credit Suisse | - | Outperform | Upgrade |
| Aug 29, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jul 15, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jun 22, 2022 | Compass Point | Neutral | Neutral | Hold |
| May 13, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jan 10, 2022 | Wolfe Research | - | Outperform | Initialise |
Phillips Edison & Company's last stock rating was published by Compass Point on Sep 10, 2024. The company gave PECO a "Neutral" rating, the same as its previous rate.
Phillips Edison & Company Financial Forecast
Phillips Edison & Company Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $154.45M | $152.47M | $152.14M | $151.06M | $145.04M | $145.65M | $142.52M | $142.16M | $137.06M | $132.33M |
| Avg Forecast | $176.45M | $174.96M | $173.48M | $172.02M | $160.61M | $158.43M | $163.12M | $161.85M | $159.56M | $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 | $182.04M | $180.50M | $178.98M | $177.47M | $165.69M | $163.44M | $168.29M | $166.98M | $164.62M | $159.75M | $161.24M | $157.54M | $156.80M | $146.37M | $151.65M | $150.71M | $147.95M | $144.09M | $141.61M | $139.38M | $127.20M | $130.66M |
| Low Forecast | $173.14M | $171.68M | $170.23M | $168.79M | $157.59M | $155.45M | $160.06M | $158.81M | $156.57M | $153.41M | $153.35M | $149.84M | $149.39M | $143.27M | $144.24M | $143.34M | $140.71M | $137.05M | $135.74M | $133.60M | $121.93M | $125.24M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| 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 $149.84M, and a high forecast of $157.54M. 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $98.06M | $98.79M | $97.38M | $95.66M | $89.18M | $93.50M | $92.39M | $89.31M | $69.63M | $82.41M |
| Avg Forecast | $107.18M | $106.28M | $105.38M | $104.49M | $97.56M | $96.23M | $99.08M | $98.31M | $96.92M | $95.49M | $94.93M | $92.76M | $92.33M | $88.01M | $89.29M | $88.73M | $87.11M | $78.54M | $60.95M | $82.85M | $75.61M | $71.40M |
| High Forecast | $110.58M | $109.64M | $108.72M | $107.80M | $100.65M | $99.28M | $102.22M | $101.42M | $99.99M | $97.03M | $97.94M | $95.69M | $95.24M | $88.91M | $92.12M | $91.54M | $89.86M | $94.25M | $73.14M | $84.66M | $77.27M | $85.68M |
| Low Forecast | $105.17M | $104.28M | $103.40M | $102.53M | $95.72M | $94.42M | $97.22M | $96.46M | $95.10M | $93.18M | $93.15M | $91.02M | $90.74M | $87.03M | $87.61M | $87.07M | $85.47M | $62.83M | $48.76M | $81.15M | $74.06M | $57.12M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.12% | 1.09% | 1.08% | 1.02% | 1.19% | 1.52% | 1.08% | 0.92% | 1.15% |
1 analysts predict PECO's average Quarter EBITDA for Mar 24 to be $92.76M, with a high of $95.69M and a low of $91.02M. This is -5.41% lower than Phillips Edison & Company's previous annual EBITDA (Dec 23) of $98.06M.
Phillips Edison & Company Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $13.53M | $12.24M | $14.45M | $-40.76M | $13.68M | $6.21M | $13.53M | $10.08M | $-5.67M | $14.63M |
| Avg Forecast | $21.83M | $23.19M | $23.19M | $21.83M | $21.49M | $21.83M | $21.49M | $20.12M | $18.63M | $19.59M | $19.67M | $19.11M | $14.30M | $15.24M | $14.65M | $15.91M | $11.66M | $13.70M | $9.02M | $10.49M | $1.09M | $12.45M |
| High Forecast | $22.73M | $24.15M | $24.15M | $22.73M | $22.37M | $22.73M | $22.37M | $20.95M | $19.40M | $19.91M | $20.48M | $19.90M | $14.55M | $18.02M | $15.26M | $16.56M | $12.14M | $16.44M | $10.82M | $10.79M | $1.12M | $14.94M |
| Low Forecast | $21.30M | $22.63M | $22.63M | $21.30M | $20.96M | $21.30M | $20.96M | $19.63M | $18.18M | $19.27M | $19.19M | $18.65M | $14.05M | $11.09M | $14.30M | $15.52M | $11.38M | $10.96M | $7.21M | $10.21M | $1.06M | $9.96M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.80% | 0.99% | -2.56% | 1.17% | 0.45% | 1.50% | 0.96% | -5.18% | 1.18% |
Phillips Edison & Company's average Quarter net income forecast for Mar 24 is $19.11M, with a range of $18.65M to $19.90M. PECO's average Quarter net income forecast represents a 41.23% increase compared to the company's last Quarter net income of $13.53M (Dec 23).
Phillips Edison & Company SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $10.76M | $10.38M | $11.69M | $11.53M | $11.48M | $10.84M | $11.38M | $11.53M | $15.91M | $11.63M |
| Avg Forecast | $14.70M | $14.57M | $14.45M | $14.33M | $13.38M | $13.20M | $13.59M | $13.48M | $13.29M | $13.09M | $13.02M | $12.72M | $12.66M | $12.07M | $12.24M | $12.17M | $11.94M | $10.88M | $7.58M | $11.36M | $10.37M | $9.90M |
| High Forecast | $15.16M | $15.03M | $14.91M | $14.78M | $13.80M | $13.61M | $14.02M | $13.91M | $13.71M | $13.31M | $13.43M | $13.12M | $13.06M | $12.19M | $12.63M | $12.55M | $12.32M | $13.06M | $9.10M | $11.61M | $10.60M | $11.87M |
| Low Forecast | $14.42M | $14.30M | $14.18M | $14.06M | $13.13M | $12.95M | $13.33M | $13.23M | $13.04M | $12.78M | $12.77M | $12.48M | $12.44M | $11.93M | $12.01M | $11.94M | $11.72M | $8.71M | $6.07M | $11.13M | $10.16M | $7.92M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.85% | 0.86% | 0.95% | 0.95% | 0.96% | 1.00% | 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 $12.48M to $13.12M. 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.11 | $0.10 | $0.12 | $-0.34 | $0.12 | $0.05 | $0.12 | $0.09 | $-0.05 | $0.13 |
| Avg Forecast | $0.16 | $0.17 | $0.17 | $0.16 | $0.16 | $0.16 | $0.16 | $0.15 | $0.14 | $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 | $0.17 | $0.18 | $0.18 | $0.17 | $0.16 | $0.17 | $0.16 | $0.15 | $0.14 | $0.15 | $0.15 | $0.15 | $0.11 | $0.13 | $0.11 | $0.12 | $0.09 | $0.12 | $0.09 | $0.08 | $0.01 | $0.04 |
| Low Forecast | $0.16 | $0.17 | $0.17 | $0.16 | $0.15 | $0.16 | $0.15 | $0.14 | $0.13 | $0.14 | $0.14 | $0.14 | $0.10 | $0.08 | $0.10 | $0.11 | $0.08 | $0.11 | $0.09 | $0.07 | $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 $0.15. 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| UE | Urban Edge Properties | $21.43 | $25.00 | 16.66% | Buy |
| IVT | InvenTrust Properties | $29.79 | $32.00 | 7.42% | Buy |
| NTST | NETSTREIT | $17.08 | $17.58 | 2.93% | Hold |
| KRG | Kite Realty Group Trust | $26.83 | $27.50 | 2.50% | Buy |
| BRX | Brixmor Property Group | $28.02 | $27.60 | -1.50% | Buy |
| ROIC | Retail Opportunity Investments | $15.97 | $15.00 | -6.07% | Buy |
| PECO | Phillips Edison & Company | $38.93 | $35.75 | -8.17% | Buy |
| AKR | Acadia Realty Trust | $22.97 | $19.50 | -15.11% | Hold |
| SITC | SITE Centers | $60.39 | $30.00 | -50.32% | 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 -8.17% from its last price of $38.93. 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 -8.17% (from the last price of $38.93 to the average price target of $35.75), down by -2.39% based on the highest stock price target, and down by -12.66% 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 is Phillips Edison & Company's current price target trend?
1 Wall Street analyst forecast a $37 price target for Phillips Edison & Company (PECO) this month, down -4.96% from its last price of $38.93. Compared to the last 3 and 12 months, the average price target decreased by -4.96% and decreased by -3.67%, respectively.
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 $644.01M (high $664.4M, low $631.92M), average EBITDA is $391.18M (high $403.57M, low $383.84M), average net income is $84.93M (high $88.43M, low $82.86M), average SG&A $53.64M (high $55.34M, low $52.63M), and average EPS is $0.622 (high $0.648, low $0.607). PECO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $696.92M (high $718.99M, low $683.83M), average EBITDA is $423.32M (high $436.73M, low $415.37M), average net income is $90.05M (high $93.76M, low $87.85M), average SG&A $58.05M (high $59.89M, low $56.96M), and average EPS is $0.66 (high $0.687, low $0.644).
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 $358.37M by 9.01%. The company's net income was $56.85M, missing the average estimation of $60.11M by -5.43%. 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 $92.33M by 6.20%. Phillips Edison & Company's net income was $13.53M, missing the average estimation of $14.3M by -5.38%. 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%