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 $37.00 (represents a -2.89% downside from PECO’s last price of $38.10) 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 $37.00 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $37.00 to $37.00. This represents a potential -2.89% downside from PECO's last price of $38.10.
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% | -2.89% |
| May 29, 2024 | Omotayo Okusanya | Deutsche Bank | $38.00 | $31.13 | 22.07% | -0.26% |
| Aug 29, 2022 | Morgan Stanley | $34.00 | $33.45 | 1.64% | -10.76% | |
| Jul 15, 2022 | Morgan Stanley | $31.00 | $34.15 | -9.21% | -18.64% | |
| Jun 22, 2022 | Compass Point | $34.00 | $32.85 | 3.50% | -10.76% | |
| May 13, 2022 | Morgan Stanley | $32.00 | $33.40 | -4.19% | -16.01% | |
| Apr 22, 2022 | Compass Point | $36.50 | $36.04 | 1.28% | -4.20% |
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 -2.89% decrease from PECO last price ($38.10).
Phillips Edison & Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $37.50 |
| Last Closing Price | $38.10 | $38.10 | $38.10 |
| Upside/Downside | -100.00% | -100.00% | -1.57% |
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 $38.10. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 12, 2024 | Wolfe Research | Outperform | Outperform | Upgrade |
| 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 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 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 | $132.50M | $131.34M | $130.44M | $129.79M | $162.18M | $167.06M | $164.76M | $163.40M | $161.59M | $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 | $135.72M | $134.53M | $133.61M | $132.95M | $166.13M | $171.13M | $168.77M | $167.82M | $163.05M | $157.62M | $156.29M | $152.71M | $156.80M | $146.37M | $150.57M | $149.64M | $146.89M | $139.67M | $138.58M | $136.39M | $124.47M | $127.86M |
| Low Forecast | $128.35M | $127.23M | $126.36M | $125.73M | $157.11M | $161.83M | $159.60M | $158.97M | $160.13M | $156.77M | $156.29M | $152.71M | $149.39M | $143.27M | $142.40M | $141.51M | $138.92M | $139.67M | $138.58M | $136.39M | $124.47M | $127.86M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 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 | $81.87M | $81.16M | $80.60M | $80.20M | $100.22M | $103.23M | $101.81M | $100.97M | $99.86M | $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 | $83.87M | $83.13M | $82.56M | $82.15M | $102.66M | $105.74M | $104.29M | $103.70M | $100.75M | $97.40M | $96.58M | $94.36M | $96.89M | $90.45M | $93.04M | $92.47M | $83.73M | $84.84M | $73.14M | $82.85M | $75.61M | $85.68M |
| Low Forecast | $79.31M | $78.62M | $78.08M | $77.69M | $97.08M | $100.00M | $98.63M | $98.23M | $98.95M | $96.88M | $96.58M | $94.36M | $92.32M | $88.53M | $87.99M | $87.45M | $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 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 | 4 | 4 | 2 | 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 | $20.94M | $20.49M | $19.58M | $19.12M | $17.70M | $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 | $21.14M | $21.14M | $19.73M | $18.32M | $21.60M | $21.14M | $20.19M | $19.42M | $18.26M | $19.98M | $19.70M | $19.14M | $14.57M | $18.03M | $15.13M | $16.43M | $-4.38M | $15.21M | $10.82M | $10.49M | $1.09M | $14.94M |
| Low Forecast | $19.65M | $19.65M | $18.34M | $17.03M | $20.09M | $19.65M | $18.78M | $18.82M | $17.13M | $19.24M | $19.68M | $19.13M | $14.07M | $11.10M | $14.07M | $15.28M | $-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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 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 | $11.04M | $10.94M | $10.86M | $10.81M | $13.51M | $13.91M | $13.72M | $13.61M | $13.46M | $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 | $11.30M | $11.21M | $11.13M | $11.07M | $13.84M | $14.25M | $14.06M | $13.98M | $13.58M | $13.13M | $13.02M | $12.72M | $13.06M | $12.19M | $12.54M | $12.46M | $20.07M | $11.63M | $9.10M | $11.36M | $10.37M | $11.87M |
| Low Forecast | $10.69M | $10.60M | $10.52M | $10.47M | $13.09M | $13.48M | $13.29M | $13.24M | $13.34M | $13.06M | $13.02M | $12.72M | $12.44M | $11.93M | $11.86M | $11.79M | $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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 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 | $0.16 | $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 | $0.14 | $0.14 | $0.13 | $0.12 | $0.15 | $0.14 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NTST | NETSTREIT | $14.93 | $25.50 | 70.80% | Buy |
| UE | Urban Edge Properties | $22.28 | $25.00 | 12.21% | Buy |
| KRG | Kite Realty Group Trust | $25.99 | $29.00 | 11.58% | Buy |
| IVT | InvenTrust Properties | $30.85 | $33.00 | 6.97% | Buy |
| BRX | Brixmor Property Group | $28.65 | $29.50 | 2.97% | Buy |
| AKR | Acadia Realty Trust | $25.16 | $25.00 | -0.64% | Buy |
| PECO | Phillips Edison & Company | $38.96 | $37.00 | -5.03% | Buy |
| ROIC | Retail Opportunity Investments | $17.45 | $15.83 | -9.28% | Hold |
| SITC | SITE Centers | $15.42 | $13.46 | -12.71% | Hold |