Phillips Edison & Company, Inc.

PECO

US71844V2016

Commercial REITs

Market Closed - Nasdaq Other stock markets 16:00:00 2024-05-08 EDT			5-day change	1st Jan Change
33.1 ^USD	-0.96%		+1.32%	-9.27%

04-30	Phillips Edison & Company, Inc. Declares Monthly Dividend Distributions, Payable on June 4, 2024; July 2, 2024; and August 1, 2024	CI
04-29	Compass Point Adjusts Price Target on Phillips Edison & Co. to $36 From $39, Maintains Neutral Rating	MT

Phillips Edison & Company, Inc. Revises Earnings Guidance for the Year Ending December 31, 2024

April 25, 2024 at 04:33 pm

Phillips Edison & Company, Inc. revised earnings guidance for the year ending December 31, 2024. For the year, the company now expects net income per share in the range of $0.51 - $0.55 compared to the previous guidance of $0.53 - $0.58.

Latest news about Phillips Edison & Company, Inc.

Phillips Edison & Company, Inc. Declares Monthly Dividend Distributions, Payable on June 4, 2024; July 2, 2024; and August 1, 2024	04-30	CI
Compass Point Adjusts Price Target on Phillips Edison & Co. to $36 From $39, Maintains Neutral Rating	04-29	MT
Transcript : Phillips Edison & Company, Inc., Q1 2024 Earnings Call, Apr 26, 2024	04-26
Phillips Edison & Company, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	04-25	CI
Phillips Edison & Company, Inc. Revises Earnings Guidance for the Year Ending December 31, 2024	04-25	CI
Phillips Edison & Company, Inc. acquired 104,887 square foot shopping center located in a Houston for $27.8 million.	04-24	CI
Phillips Edison & Company, Inc. acquired 74,234 square foot shopping center anchored by Publix located in an Orlando for $26.1 million.	04-24	CI
Transcript : Phillips Edison & Company, Inc. Presents at Citi's 2024 Global Property CEO Conference, Mar-04-2024 08:10 AM	03-04
Transcript : Phillips Edison & Company, Inc. - Special Call	02-29
North American Morning Briefing : Traders Await -2-	02-26	DJ
Mizuho Securities Upgrades Phillips Edison to Buy From Neutral, Adjusts Price Target to $37 From $35	02-23	MT
Phillips Edison & Company, Inc. Declares Monthly Dividend Distributions, Payable on April 1, 2024 and May 1, 2024 Respectively	02-21	CI
Transcript : Phillips Edison & Company, Inc., Q4 2023 Earnings Call, Feb 09, 2024	02-09
Phillips Edison Reports Higher Core Q4 FFO, Revenue	02-08	MT
Phillips Edison & Company, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	02-08	CI
Phillips Edison & Company, Inc. Revises Earnings Guidance for the Full Year 2024	02-08	CI
Deutsche Bank Initiates Coverage on Phillips Edison With Buy Rating, $41 Price Target	01-30	MT
BMO Capital Adjusts Phillips Edison & Co.'s Price Target to $40 From $37, Maintains Market Perform Rating	12-15	MT
Phillips Edison Reiterates FY23 EPS, Core FFO Outlook	12-14	MT
Transcript : Phillips Edison & Company, Inc. - Special Call	12-14
Phillips Edison & Company, Inc. acquired Quail Pointe in Fair Oaks, California from Madison/Sunrise Associates, LLC for $44.3 million.	12-12	CI
Phillips Edison & Company, Inc. (NasdaqGS : PECO) acquired Apache Shoppes from Inland Real Estate Corporation for $6.4 million.	12-12	CI
Mizuho Adjusts Price Target on Phillips Edison to $35 From $36, Maintains Neutral Rating	12-01	MT
Wells Fargo Adjusts Phillips Edison & Co.'s Price Target to $32 From $35, Maintains Underweight Rating	11-13	MT
Transcript : Phillips Edison & Company, Inc. - Special Call	11-09

Chart Phillips Edison & Company, Inc.

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Company Profile

Phillips Edison & Company, Inc. is a real estate investment trust (REIT). The Company's business is conducted through Phillips Edison Grocery Center Operating Partnership I, L.P. (the Operating Partnership). The Company owns and operates omni-channel grocery-anchored shopping centers. Additionally, it operates a third-party investment management business providing property management and advisory services to two unconsolidated institutional joint ventures and one private fund. Its portfolio primarily consists of neighborhood centers anchored by the #1 or #2 grocer tenants by sales within their respective formats by trade area. Its centers feature a mix of national and regional retailers providing goods and services throughout the United States. The Company manages approximately 301 shopping centers, including 281 wholly owned centers comprising 32.2 million square feet across 31 states and 20 shopping centers owned in one institutional joint venture.

Sector

Commercial REITs

Calendar

2024-07-31 - Q2 2024 Earnings Release (Projected)

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Russell 2000

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Ratings for Phillips Edison & Company, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

33.42 USD

Average target price

37.22 USD

Spread / Average Target

+11.38%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

Company calendar

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