Phillips Edison & Company, Inc. (NASDAQ:PECO) Updates FY 2026 Earnings Guidance

Phillips Edison & Company, Inc. (NASDAQ:PECO) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.740-0.770 for the period, compared to the consensus earnings per share estimate of 1.500. The company issued revenue guidance of -.

Phillips Edison & Company, Inc. Trading Up 1.6%

Shares of NASDAQ:PECO traded up $0.60 during trading on Thursday, reaching $37.82. The company had a trading volume of 1,608,047 shares, compared to its average volume of 887,775. The company has a fifty day moving average of $35.47 and a two-hundred day moving average of $34.83. The stock has a market capitalization of $4.76 billion, a P/E ratio of 57.30, a price-to-earnings-growth ratio of 0.93 and a beta of 0.53. Phillips Edison & Company, Inc. has a 12 month low of $32.40 and a 12 month high of $37.89.

Phillips Edison & Company, Inc. (NASDAQ:PECO) last posted its quarterly earnings data on Thursday, February 5th. The company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.27). The company had revenue of $187.86 million for the quarter, compared to the consensus estimate of $183.18 million. Phillips Edison & Company, Inc. had a return on equity of 3.14% and a net margin of 11.51%.Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.740-0.770 EPS. As a group, equities research analysts predict that Phillips Edison & Company, Inc. will post 2.55 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. KeyCorp reiterated a “sector weight” rating on shares of Phillips Edison & Company, Inc. in a research report on Thursday, December 18th. Evercore ISI initiated coverage on shares of Phillips Edison & Company, Inc. in a report on Thursday, January 15th. They set an “outperform” rating and a $41.00 target price for the company. Mizuho set a $39.00 price target on Phillips Edison & Company, Inc. in a report on Friday, January 9th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Phillips Edison & Company, Inc. in a report on Thursday, January 22nd. Finally, Wall Street Zen upgraded Phillips Edison & Company, Inc. from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. Four research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Phillips Edison & Company, Inc. has a consensus rating of “Hold” and an average price target of $38.86.

Hedge Funds Weigh In On Phillips Edison & Company, Inc.

A number of hedge funds have recently modified their holdings of the company. Royal Bank of Canada increased its holdings in shares of Phillips Edison & Company, Inc. by 12.8% in the 1st quarter. Royal Bank of Canada now owns 81,726 shares of the company’s stock worth $2,982,000 after buying an additional 9,250 shares during the last quarter. AQR Capital Management LLC increased its position in Phillips Edison & Company, Inc. by 8.2% during the first quarter. AQR Capital Management LLC now owns 11,091 shares of the company’s stock valued at $405,000 after acquiring an additional 845 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of Phillips Edison & Company, Inc. in the first quarter valued at $333,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Phillips Edison & Company, Inc. by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 73,111 shares of the company’s stock worth $2,668,000 after acquiring an additional 3,199 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of 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. 80.70% of the stock is currently owned by institutional investors.

Phillips Edison & Company, Inc. Company Profile

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.