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 -6.12% downside from PECO’s last price of $38.08) 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 -6.12% downside from PECO's last price of $38.08.
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% | -2.84% |
| May 29, 2024 | Omotayo Okusanya | Deutsche Bank | $38.00 | $31.13 | 22.07% | -0.21% |
| Aug 29, 2022 | - | Morgan Stanley | $34.00 | $33.45 | 1.64% | -10.71% |
| Jul 15, 2022 | - | Morgan Stanley | $31.00 | $34.15 | -9.21% | -18.59% |
| Jun 22, 2022 | - | Compass Point | $34.00 | $32.85 | 3.50% | -10.71% |
| May 13, 2022 | - | Morgan Stanley | $32.00 | $33.40 | -4.19% | -15.97% |
| Apr 22, 2022 | - | Compass Point | $36.50 | $36.04 | 1.28% | -4.15% |
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 -2.84% decrease from PECO last price ($38.08).
Phillips Edison & Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $37.00 | $37.50 |
| Last Closing Price | $38.08 | $38.08 | $38.08 |
| Upside/Downside | -100.00% | -2.84% | -1.52% |
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 $38.08. 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
| 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 | $178.66M | $177.15M | $175.65M | $174.17M | $160.61M | $165.95M | $163.50M | $162.07M | $160.26M | $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 | $180.77M | $179.25M | $177.73M | $176.23M | $162.51M | $167.91M | $165.44M | $165.17M | $161.67M | $157.62M | $156.29M | $152.71M | $156.80M | $146.37M | $148.74M | $147.81M | $145.10M | $139.67M | $138.58M | $136.39M | $124.47M | $127.86M |
| Low Forecast | $175.92M | $174.44M | $172.96M | $171.50M | $158.15M | $163.40M | $161.00M | $156.45M | $158.78M | $156.77M | $156.29M | $152.71M | $149.39M | $143.27M | $144.74M | $143.85M | $141.21M | $139.67M | $138.58M | $136.39M | $124.47M | $127.86M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 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 $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 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 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 | $108.52M | $107.60M | $106.70M | $105.79M | $97.56M | $100.80M | $99.32M | $98.44M | $97.34M | $95.48M | $94.93M | $92.76M | $92.33M | $88.01M | $89.29M | $88.73M | $69.77M | $84.84M | $60.95M | $82.85M | $75.61M | $71.40M |
| High Forecast | $109.81M | $108.88M | $107.96M | $107.05M | $98.71M | $101.99M | $100.49M | $100.33M | $98.20M | $95.74M | $94.93M | $92.76M | $95.24M | $88.91M | $90.34M | $89.78M | $83.73M | $84.84M | $73.14M | $82.85M | $75.61M | $85.68M |
| Low Forecast | $106.86M | $105.96M | $105.06M | $104.17M | $96.06M | $99.25M | $97.79M | $95.03M | $96.44M | $95.23M | $94.93M | $92.76M | $90.74M | $87.03M | $87.92M | $87.37M | $55.82M | $84.84M | $48.76M | $82.85M | $75.61M | $57.12M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.12% | 1.09% | 1.08% | 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 $92.76M, with a high of $92.76M and a low of $92.76M. 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 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 | $20.49M | $20.49M | $19.12M | $17.76M | $20.83M | $20.83M | $19.80M | $18.78M | $17.85M | $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 | $20.80M | $20.80M | $19.41M | $18.03M | $21.15M | $21.15M | $20.11M | $19.08M | $18.13M | $19.98M | $19.70M | $19.14M | $14.57M | $18.03M | $14.89M | $16.17M | $-4.38M | $15.21M | $10.82M | $10.49M | $1.09M | $14.94M |
| Low Forecast | $20.08M | $20.08M | $18.74M | $17.40M | $20.41M | $20.41M | $19.41M | $18.48M | $17.28M | $19.24M | $19.68M | $19.13M | $14.07M | $11.10M | $14.38M | $15.61M | $-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 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 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 | $14.88M | $14.76M | $14.63M | $14.51M | $13.38M | $13.82M | $13.62M | $13.50M | $13.35M | $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 | $15.06M | $14.93M | $14.80M | $14.68M | $13.54M | $13.99M | $13.78M | $13.76M | $13.47M | $13.13M | $13.02M | $12.72M | $13.06M | $12.19M | $12.39M | $12.31M | $20.07M | $11.63M | $9.10M | $11.36M | $10.37M | $11.87M |
| Low Forecast | $14.65M | $14.53M | $14.41M | $14.28M | $13.17M | $13.61M | $13.41M | $13.03M | $13.23M | $13.06M | $13.02M | $12.72M | $12.44M | $11.93M | $12.06M | $11.98M | $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 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 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 | $0.15 | $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 | $0.15 | $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 | $0.11 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SITC | SITE Centers | $16.16 | $33.53 | 107.49% | Hold |
| NTST | NETSTREIT | $15.09 | $23.55 | 56.06% | Hold |
| UE | Urban Edge Properties | $22.36 | $25.00 | 11.81% | Buy |
| IVT | InvenTrust Properties | $29.70 | $32.50 | 9.43% | Buy |
| KRG | Kite Realty Group Trust | $26.51 | $27.50 | 3.73% | Buy |
| BRX | Brixmor Property Group | $27.94 | $28.55 | 2.18% | Buy |
| PECO | Phillips Edison & Company | $38.08 | $35.75 | -6.12% | Buy |
| ROIC | Retail Opportunity Investments | $16.80 | $15.00 | -10.71% | Hold |
| AKR | Acadia Realty Trust | $24.39 | $20.50 | -15.95% | 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 -6.12% from its last price of $38.08. 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 -6.12% (from the last price of $38.08 to the average price target of $35.75), down by -0.21% based on the highest stock price target, and down by -10.71% 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 $652.12M (high $661.02M, low $639M), average EBITDA is $396.11M (high $401.52M, low $388.14M), average net income is $80.24M (high $81.48M, low $78.72M), average SG&A $54.32M (high $55.06M, low $53.22M), and average EPS is $0.587 (high $0.597, low $0.576). PECO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $705.63M (high $713.98M, low $694.82M), average EBITDA is $428.62M (high $433.69M, low $422.05M), average net income is $77.85M (high $79.05M, low $76.3M), average SG&A $58.77M (high $59.47M, low $57.87M), and average EPS is $0.57 (high $0.579, low $0.559).
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 $60.17M 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 $92.33M by 6.20%. 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%