Phillips Edison & Company, Inc. (NASDAQ:PECO) Releases Quarterly Earnings Results, Misses Estimates By $0.28 EPS

Phillips Edison & Company, Inc. (NASDAQ:PECO) posted its earnings results on Thursday. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.28), FiscalAI reports. The firm had revenue of $187.86 million for the quarter, compared to analysts’ expectations of $183.18 million. Phillips Edison & Company, Inc. had a return on equity of 3.14% and a net margin of 11.51%.During the same quarter in the prior year, the company posted $0.62 earnings per share. The business’s revenue for the quarter was up 8.6% on a year-over-year basis. Phillips Edison & Company, Inc. updated its FY 2026 guidance to 0.740-0.770 EPS.

Phillips Edison & Company, Inc. Stock Performance

Shares of NASDAQ PECO opened at $37.82 on Friday. The company has a 50 day simple moving average of $35.51 and a two-hundred day simple moving average of $34.85. Phillips Edison & Company, Inc. has a fifty-two week low of $32.40 and a fifty-two week high of $37.89. The company has a market capitalization of $4.76 billion, a price-to-earnings ratio of 57.30, a P/E/G ratio of 0.95 and a beta of 0.53.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Quantbot Technologies LP bought a new position in Phillips Edison & Company, Inc. during the 3rd quarter valued at about $43,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Phillips Edison & Company, Inc. by 6,850.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,529 shares of the company’s stock valued at $52,000 after purchasing an additional 1,507 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in Phillips Edison & Company, Inc. by 49.7% during the second quarter. EverSource Wealth Advisors LLC now owns 2,604 shares of the company’s stock valued at $91,000 after purchasing an additional 865 shares during the period. Triumph Capital Management purchased a new stake in Phillips Edison & Company, Inc. in the third quarter worth approximately $108,000. Finally, State of Wyoming bought a new stake in Phillips Edison & Company, Inc. in the 2nd quarter worth approximately $110,000. Institutional investors own 80.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Wall Street Zen upgraded Phillips Edison & Company, Inc. from a “sell” rating to a “hold” rating in a report on Saturday, November 8th. KeyCorp restated a “sector weight” rating on shares of Phillips Edison & Company, Inc. in a report on Thursday, December 18th. Morgan Stanley lifted their target price on shares of Phillips Edison & Company, Inc. from $36.00 to $37.00 and gave the company an “equal weight” rating in a research note on Monday, January 5th. Barclays reiterated a “positive” rating and set a $41.00 price target on shares of Phillips Edison & Company, Inc. in a research report on Tuesday, January 13th. Finally, UBS Group lifted their price objective on Phillips Edison & Company, Inc. from $37.00 to $38.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. Four research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $38.86.

About Phillips Edison & Company, Inc.

Phillips Edison & Company, Inc is a publicly traded real estate investment trust (REIT) that specializes in the acquisition, ownership and operation of grocery-anchored, necessity-based shopping centers. The company’s investment strategy is centered on properties that benefit from everyday consumer demand, seeking to deliver stable cash flows through long-term, triple-net leases with national and regional tenants in the grocery, drugstore and essential retail sectors.

In addition to its core retail portfolio, Phillips Edison & Company provides integrated services covering property management, asset management, leasing, development and acquisition sourcing.