Phillips Edison & Company (PECO) Upgraded to Buy: Here's Why
Phillips Edison & Company (PECO) has been upgraded to a Zacks Rank #2 (Buy) due to an upward trend in its earnings estimates. The Zacks rating system emphasizes earnings estimate revisions as a key factor influencing stock prices, indicating a positive outlook for the company's business and potential stock price increase. Over the past three months, the Zacks Consensus Estimate for PECO's fiscal year 2026 earnings has increased by 0.5%, reinforcing its solid candidate status for market-beating returns.
Phillips Edison & Company announces $400 million at-the-market stock offering
Phillips Edison & Company (NASDAQ:PECO) announced a $400 million at-the-market (ATM) equity offering to fund property acquisitions, repay borrowings, and for general corporate purposes. The company has a healthy current ratio of 1.57 and has consistently raised its dividend for six consecutive years, currently yielding 3.25%. This announcement follows a strong second-quarter 2026 earnings report where the company surpassed analyst expectations with earnings of $0.33 per share on revenue of $189.62 million, attributing success to record occupancy rates and strong leasing spreads.
Phillips Edison launches $400M at-the-market common stock offering program
Phillips Edison (PECO) has initiated an at-the-market common stock offering program, aiming to sell up to $400 million worth of common stock. The proceeds from this offering are intended for the operating partnership to repay revolver borrowings, fund acquisitions, and for other general corporate purposes. The sales will occur on Nasdaq, with agents' commissions and forward seller compensation capped at 2.0% of the gross sales price.
Phillips Edison & Company announces $400 million at-the-market stock offering
Phillips Edison & Company (NASDAQ:PECO) has announced a $400 million at-the-market (ATM) equity offering for its common stock through a sales agreement with several financial institutions. The company intends to use the net proceeds to repay borrowings, fund acquisitions, and for general corporate purposes. This offering follows a strong second quarter in 2026 where the company surpassed earnings expectations with record occupancy rates and strong leasing spreads.
Phillips Edison (PECO) sets up $400M at-the-market and forward stock program
Phillips Edison & Company (PECO) has launched a continuous equity offering program, allowing it to sell up to $400 million in common stock through at-the-market offerings and forward sale agreements. The net proceeds from direct sales and cash settlements of forward agreements will be used by its operating partnership to repay borrowings, fund property acquisitions, and address other corporate purposes, including debt repayment. The program emphasizes that the $400 million represents authorized capacity, not immediate proceeds, and future sales could lead to dilution for existing shareholders.
Form 8K Phillips Edison & Co Inc For: 10 August By Investing.com
The article reports that Phillips Edison & Co Inc filed a Form 8K on August 10. This filing is a standard SEC disclosure used to announce significant events that shareholders should know about. The brief piece indicates this as a stock market update.
Quantinno Capital Management LP Has $3.90 Million Stock Holdings in Phillips Edison & Company, Inc. $PECO
Quantinno Capital Management LP significantly increased its stake in Phillips Edison & Company, Inc. (NASDAQ:PECO) by 317.7% in the first quarter, now holding 104,283 shares valued at approximately $3.9 million. Despite this, analysts maintain a "Hold" rating for PECO with an average price target of $44.67. The company reported quarterly EPS of $0.33, missing estimates, but saw revenue rise 6.7% year-over-year to $189.62 million and declared a monthly dividend yielding about 3.2%.
California State Teachers Retirement System Acquires 28,041 Shares of Phillips Edison & Company, Inc. $PECO
The California State Teachers Retirement System increased its stake in Phillips Edison & Company, Inc. (NASDAQ:PECO) by 23.4%, purchasing an additional 28,041 shares to own a total of 148,020 shares valued at approximately $5.54 million. This move is part of broader institutional investor activity, with 80.7% of Phillips Edison's stock held by such entities. Despite the company reporting mixed financial results—revenue up but EPS missing estimates—analysts maintain a neutral outlook with an average price target of $44.67.
Phillips Edison & Company, Inc. Announces A Monthly Dividend Distribution on Common Stock, Payable on September 1, 2026
Phillips Edison & Company, Inc. (PECO) announced a monthly dividend distribution of $0.1083 per share of common stock. This dividend is payable on September 1, 2026, to stockholders of record as of August 17, 2026. Operating partnership unit holders will receive distributions at the same rate.
Phillips Edison & Company declares $0.1083 monthly dividend payable Sept. 1
Phillips Edison & Company (PECO) has declared a monthly dividend of $0.1083 per share for August 2026, payable on or around September 1, 2026. This distribution applies to shareholders of record as of August 17, 2026, and also extends to operating partnership unit holders. The declaration was made via a press release filed as Exhibit 99.1 to a Form 8-K dated August 5, 2026.
Phillips Edison & Company, Inc. (NASDAQ:PECO) to Issue $0.11 Monthly Dividend
Phillips Edison & Company (NASDAQ:PECO) announced a monthly dividend of $0.1083 per share, payable September 1st, representing an annualized yield of 3.1%. Despite a current high payout ratio of 183.1% (meaning earnings don't cover the dividend), analysts project a future payout ratio of 44.8%, suggesting the dividend will be sustainable with expected earnings growth. The company recently missed EPS estimates but saw a 6.7% revenue increase year over year, and analysts maintain a consensus "Hold" rating with an average price target of $44.67.
Phillips Edison & Company, Inc. (NASDAQ:PECO) Given Consensus Rating of "Hold" by Analysts
Phillips Edison & Company, Inc. (NASDAQ:PECO) has received a consensus "Hold" rating from analysts, with six of nine recommending a hold and three a buy. The average 12-month price target is $44.67, slightly above its current share price of $41.58, despite the company missing quarterly earnings expectations but seeing a 6.7% increase in revenue. Institutional investors hold a significant 80.7% stake, and the company has declared a monthly dividend implying a 3.1% annualized yield.
ETFs Investing in Phillips Edison & Company, Inc. Stocks
This article provides a comprehensive list of Exchange Traded Funds (ETFs) that hold Phillips Edison & Company, Inc. stocks. The data is sorted by market value and includes various metrics such as weight, issuer, management style, expense ratio, assets under management (AUM), price, and 3-year NAV total return for each ETF. The aim is to help investors identify accessible opportunities with lower risk through diversified ETF investments.
Phillips Edison Sets Sept. 1 Payment; Record Date Aug. 17
Phillips Edison & Company (Nasdaq: PECO) announced a monthly cash dividend of $0.1083 per share for its common stock. The dividend is scheduled for payment on September 1, 2026, to shareholders of record as of August 17, 2026. Operating partnership unit holders will also receive distributions at the same rate.
Press Release: Phillips Edison & Company Declares Monthly Dividend
Phillips Edison & Company (PECO) has declared a monthly cash dividend of $0.09166667 per share of common stock for August 2026. This dividend is payable on September 15, 2026, to shareholders of record as of August 31, 2026. The announcement reflects the company's commitment to returning value to its investors through regular distributions.
Phillips Edison & Company Declares Monthly Dividend
Phillips Edison & Company (Nasdaq: PECO) announced a monthly dividend distribution of $0.1083 per share for its common stock. This dividend is payable on September 1, 2026, to stockholders of record as of August 17, 2026. The company, which specializes in grocery-anchored neighborhood shopping centers, also noted that operating partnership unit holders receive distributions at the same rate.
Phillips Edison & Company Declares Monthly Dividend
Phillips Edison & Company (PECO) has announced a monthly dividend distribution of $0.1083 per share of its common stock. This dividend is payable on September 1, 2026, to shareholders of record as of August 17, 2026. PECO is a large owner and operator of grocery-anchored neighborhood shopping centers across the United States.
Phillips Edison & Company Declares Monthly Dividend
Phillips Edison & Company (Nasdaq: PECO) announced a monthly dividend distribution of $0.1083 per share of common stock. This dividend is payable on September 1, 2026, to stockholders of record as of August 17, 2026. PECO is a large owner and operator of grocery-anchored neighborhood shopping centers, with 302 wholly-owned centers across 31 states.
Phillips Edison & Company, Inc. $PECO Shares Purchased by First Trust Advisors LP
First Trust Advisors LP significantly increased its stake in Phillips Edison & Company, Inc. (PECO) by 210.6% in the first quarter, now owning 119,885 shares worth approximately $4.49 million. Other institutional investors also adjusted their holdings, with overall institutional ownership reaching 80.7%. Despite missing Q2 EPS estimates, PECO saw a 6.7% revenue increase year-over-year and issued positive FY 2026 EPS guidance, while maintaining a monthly dividend with a 3.1% annualized yield.
Phillips Edison & Company, Inc. $PECO Stock Holdings Lessened by Janus Henderson Group PLC
Janus Henderson Group PLC reduced its stake in Phillips Edison & Company, Inc. (PECO) by 5.3% in the first quarter, selling 34,168 shares. Other institutional investors like State Street Corp and Wellington Management Group LLP increased their holdings. Phillips Edison reported quarterly earnings per share of $0.33, missing estimates, but revenue increased by 6.7% year-over-year.
Phillips Edison & Company Launches New Ai-Integrated Website with Enhanced Search Capability
Phillips Edison & Company has launched a new AI-integrated corporate website with enhanced search capabilities for brokers and retailers. The website is designed to improve property search using natural language prompts, similar to ChatGPT or Google Gemini, making it easier for users to find and interact with property listings. This initiative positions PECO at the forefront of technology in the Shopping Center REIT sector.
Brokers and retailers can find spaces with AI prompts
Phillips Edison & Company (PECO) has launched a new corporate website integrating AI-powered property search, a first for the shopping center REIT sector. The platform allows brokers and retailers to use natural-language prompts to find suitable spaces within PECO's portfolio of 330 grocery-anchored shopping centers. This initiative underscores PECO's commitment to leveraging AI and technology to enhance site selection, leasing outcomes, and operational efficiency, having recently received multiple innovation awards.
Phillips Edison & Company, Inc. $PECO Shares Sold by Healthcare of Ontario Pension Plan Trust Fund
Healthcare of Ontario Pension Plan Trust Fund significantly reduced its stake in Phillips Edison & Company, Inc. (PECO) by 74.4% in Q1, selling over 120,000 shares. Despite this, institutional ownership remains high at 80.7%, with other major investors increasing their positions. The company maintains a consensus "Hold" rating from analysts, a $44.50 price target, and recently announced a monthly dividend yielding about 3.1%.
PNC Financial Services Group Inc. Has $1.24 Million Position in Phillips Edison & Company, Inc. $PECO
PNC Financial Services Group Inc. significantly increased its stake in Phillips Edison & Company, Inc. (PECO) by 541.8% in the first quarter, now holding 33,220 shares valued at $1.24 million. Despite Phillips Edison reporting quarterly revenue above estimates, its EPS fell short of consensus. The company also declared a monthly dividend of $0.1083 per share and currently holds a "Hold" rating from analysts with a consensus price target of $44.50.
Dimensional Fund Advisors LP Raises Stake in Phillips Edison & Company, Inc. $PECO
Dimensional Fund Advisors LP increased its stake in Phillips Edison & Company, Inc. (PECO) by 4.1% in the first quarter of 2026, bringing its total holdings to 1.9 million shares valued at approximately $71.1 million. The company reported a 6.7% year-over-year revenue increase to $189.6 million but missed EPS estimates, reporting $0.33 against a consensus of $0.68. Despite this, analysts maintain a "Hold" rating with a $44.50 price target, and Phillips Edison & Company announced a monthly dividend of $0.1083 per share, yielding 3.1%.
Centaurus Financial Inc. Sells 46,288 Shares of Phillips Edison & Company, Inc. $PECO
Centaurus Financial Inc. significantly reduced its stake in Phillips Edison & Company, Inc. (NASDAQ:PECO) by 42.2% in the first quarter, selling 46,288 shares and now owning 63,427 shares valued at $2,373,000. Other institutional investors made smaller adjustments to their holdings, while Phillips Edison & Company's stock traded down 0.8% and announced a monthly dividend of $0.1083. Analysts have a "Hold" consensus rating on the stock with an average price target of $44.50.
SummitTX Capital L.P. Takes Position in Phillips Edison & Company, Inc. $PECO
SummitTX Capital L.P. has acquired a new stake in Phillips Edison & Company, Inc. (NASDAQ:PECO), purchasing 29,490 shares valued at approximately $1.1 million. This comes as several other institutional investors have also adjusted their holdings in the company. Analysts currently maintain a "Hold" rating for PECO with an average price target of $44.50, despite the company missing its consensus EPS estimate for the last quarter.
Public Employees Retirement System of Ohio Sells 28,243 Shares of Phillips Edison & Company, Inc. $PECO
The Public Employees Retirement System of Ohio has reduced its stake in Phillips Edison & Company, Inc. (PECO) by 16.3%, selling 28,243 shares but still retaining 145,307 shares valued at $5.44 million. Despite reporting revenue above estimates, the company missed EPS consensus and announced a monthly dividend with an annualized yield of approximately 3.0%. Analysts currently have a consensus "Hold" rating on PECO with an average price target of $44.50.
Phillips Edison (PECO) Lifts Guidance Following Strong Results While Fair Value Stays In View
Phillips Edison (PECO) has increased its 2026 net income guidance after reporting strong second-quarter results with higher sales, revenue, and net income year-over-year. Despite a short-term dip in share price, the company shows significant year-to-date and one-year returns, driven by its strategy of acquiring grocery-anchored properties and maintaining low leverage. While a valuation narrative suggests a modest undervaluation at $44.77, its P/E ratio is higher than the industry average, prompting investors to consider both potential upside and risks like e-commerce growth.
Phillips Edison (PECO) Lifts Guidance Following Strong Results While Fair Value Stays In View
Phillips Edison (PECO) has raised its 2026 net income guidance after reporting strong second-quarter results with increased sales, revenue, and net income. Despite a short-term share price dip, the company shows long-term momentum, with its fair value estimated at $44.77, suggesting it is currently undervalued. The valuation is based on predictable retail cash flows, disciplined acquisitions, and a strong financial position, though risks from e-commerce growth and anchor store closures are noted.
Stronger Q2 Earnings And Raised Guidance Could Be A Game Changer For Phillips Edison (PECO)
Phillips Edison & Company (PECO) reported strong second-quarter results with US$189.62 million in revenue and US$41.12 million in net income, and subsequently raised its 2026 diluted net income guidance to US$0.95–US$0.97 per share. This improved financial outlook reinforces management's confidence in the company's performance, potentially serving as a catalyst for investor reassessment despite the stock already trading at a richer multiple than peers and the inclusion of a one-off gain in recent profits. However, interest coverage remains an operational risk, especially with sustained acquisition activity or high financing costs.
Phillips Edison & Company Reports Second Quarter 2026 Results
Phillips Edison & Company (PECO) reported strong financial and operating results for the second quarter of 2026, including significant year-over-year growth in Nareit FFO, Core FFO, and same-center NOI. The company also increased its full-year 2026 earnings and acquisition guidance, reflecting confidence in its portfolio of grocery-anchored shopping centers. PECO executed a record number of leases, maintained high occupancy rates, and continued its strategy of acquisitions and asset recycling.
Cetera Investment Advisers Sells 95,513 Shares of Phillips Edison & Company, Inc. $PECO
Cetera Investment Advisers reduced its stake in Phillips Edison & Company, Inc. by 12.7% in the first quarter, selling 95,513 shares. Despite this, other institutional investors have increased their holdings, and the company received a positive outlook revision from Moody's while beating FFO estimates for Q2, though EPS missed and FY2026 guidance was cut. Analysts currently have an average "Hold" rating on PECO with an average target price of $44.14.
Phillips Edison (PECO) Stock Q2 FFO Stability Tests Bullish Income Narrative
Phillips Edison (PECO) recently reported Q2 2026 results, showing total revenue of US$189.6 million and net income of US$41.1 million, with a net profit margin of 19.1%. While Funds From Operations (FFO) showed stability, supporting the narrative of recurring income from grocery-anchored centers, a significant one-off gain inflated net income testing the bullish income narrative. Bearish concerns include a high P/E of 39x and weak interest coverage, despite a mixed valuation signal from its DCF fair value.
Phillips Edison & Company, Inc. $PECO Position Boosted by Fifth Third Bancorp
Fifth Third Bancorp significantly increased its stake in Phillips Edison & Company (PECO) by 4,823.2%, now owning 34,216 shares valued at $1.28 million. Despite mixed Q2 results where FFO beat estimates but EPS missed, Moody's revised the company's outlook to positive, affirming its Baa2 rating. Phillips Edison & Company cut its FY 2026 EPS guidance, but institutional ownership remains high at 80.70%.
Phillips Edison & Company, Inc. Q2 Earnings Call Highlights
Phillips Edison & Company (PECO) reported strong second-quarter results, with increased funds from operations and same-center net operating income, driven by sustained demand for its grocery-anchored shopping centers and record occupancy. The company also raised its 2026 outlook for earnings, same-center NOI growth, and acquisitions, with a focus on strategic dispositions to fund higher-return opportunities. Management noted robust leasing activity and consumer traffic in necessity-based retail, affirming confidence in its business model despite broader economic caution.
Phillips Edison & Company, Inc. Revenue Breakdown – NASDAQ:PECO
Phillips Edison & Company, Inc. (NASDAQ: PECO) generated $709.19 million USD last year primarily from its Rental of Retail Space segment, an increase from $647.59 million USD the previous year. All of the company's revenue, totaling $726.59 million USD, came from operations within the United States. This indicates a focus on the U.S. market for its retail space rental business.
Phillips Edison & Co Inc (PECO) Q2 2026 Earnings Call Highlights: Strong Occupancy and ...
Phillips Edison & Co Inc (PECO) reported strong financial results for Q2 2026, including an 8.1% increase in Nareit FFO per share and high occupancy rates across its portfolio. The company raised its full-year guidance for gross acquisitions and highlighted its focus on grocery-anchored shopping centers. Despite a competitive acquisition market and modest FFO guidance increase, PECO remains confident in its growth strategy and strong balance sheet.
Phillips Edison & Company (PECO) Reports Q2 Earnings: What Key Metrics Have to Say
Phillips Edison & Company (PECO) reported its Q2 2026 earnings, showing a revenue increase of 6.7% year-over-year to $189.62 million, and an EPS of $0.69. The company's revenue missed the Zacks Consensus Estimate slightly, while its EPS surpassed expectations. Key metrics like rental income, other property income, and fees and management income all showed year-over-year growth and largely met or exceeded analyst estimates, leading to a Zacks Rank #2 (Buy) for PECO's stock.
Phillips Edison (Nasdaq: PECO) grows income and recycles centers in 1H 2026
Phillips Edison & Company (PECO), a grocery-anchored shopping-center REIT, reported strong financial results for the first half of 2026, with total revenues reaching $380.4 million and net income attributable to stockholders rising to $71.5 million, an 82.9% increase year-over-year. The company's growth was driven by higher rental income and significant gains from property sales, alongside strategic acquisitions and dispositions that maintained a high leased occupancy of 97.3%. PECO also managed its debt effectively, issuing new senior notes to refinance existing loans and continuing its unitholder distributions.
Phillips Edison & Company (PECO) Q2 2026 earnings summary
Phillips Edison & Company (PECO) reported a significant increase in net income for Q2 2026, rising to $41.1 million, and an 8.1% year-over-year growth in Nareit FFO per diluted share to $0.67. The company's portfolio of 330 grocery-anchored centers achieved 97% leased occupancy, with inline occupancy at a record-high of 95.5%. PECO also raised its full-year 2026 guidance, expecting higher Nareit FFO per share, Core FFO per share, and same-center NOI growth.
Press Release: Phillips Edison & Company Reports Second Quarter 2026 Results
Phillips Edison & Company announced its financial results for the second quarter of 2026. The report details the company's performance over the specified period, including key financial metrics and operational achievements. This press release provides investors and stakeholders with an update on the company's financial health and strategic progress.
Phillips Edison & Company Releases Q2 2026 Financial Results
Phillips Edison & Company reported strong Q2 2026 financial results, with EPS of $0.24, significantly beating estimates, and revenue of $190.7M, surpassing consensus. The company, which specializes in grocery-anchored shopping centers, achieved 3.5% same-center NOI growth and provided FY 2026 Core FFO per share guidance between $2.72 and $2.78. Analysts maintain a generally positive outlook on the stock.
Moody’s Updates Phillips Edison & Company Outlook to Positive
Moody's Ratings has updated its outlook for Phillips Edison & Company (PECO) to positive, affirming the Baa2 senior unsecured rating. This positive change reflects Moody's expectation of PECO's sustained solid operating performance, consistently high portfolio occupancy (above 97% since 2024), and strong leasing spreads. PECO's CFO highlighted the company's strong balance sheet, disciplined management, and liquidity, positioning it for continued growth.
Phillips Edison’s portfolio occupancy has been at least 97% since 2024
Moody's Ratings has updated its outlook for Phillips Edison & Company (PECO) to positive, while affirming its Baa2 senior unsecured rating. This positive change reflects Moody's expectation of sustained solid operating performance, highlighted by portfolio occupancy of at least 97% since 2024 and strong first-quarter 2026 leasing and re-leasing spreads. PECO's CFO attributes this positive outlook to the company's strong balance sheet, disciplined financial management, and liquidity.
Earnings Flash (PECO) Phillips Edison & Company, Inc. Reports Q2 Revenue $189.6M, vs. FactSet Est of $187.5M
Phillips Edison & Company, Inc. (PECO) reported Q2 revenue of $189.6 million, surpassing FactSet's estimate of $187.5 million. The company also announced an increase in its 2026 Core FFO guidance, with expectations now set between $2.73 and $2.79 per share, compared to FactSet's estimate of $2.75. Additionally, PECO's Q2 Core FFO was $0.69, slightly above FactSet's projection of $0.68.
Phillips Edison & Company Releases Q2 2026 Financial Results
Phillips Edison & Company (PECO) reported strong Q2 2026 financial results, with EPS of $0.24 significantly beating analyst estimates of $0.17 by 41.2%. The company's revenue reached $190.7M, surpassing expectations by 3.1% and showing a 7.0% increase from Q1 2025. This performance was driven by healthy fundamentals in its grocery-anchored shopping centers, achieving 3.5% same-center NOI growth and a positive outlook for FY 2026 with Core FFO per share projected between $2.72 and $2.78.
Phillips Edison & Company Reports Second Quarter 2026 Results
Phillips Edison & Company (PECO) reported strong second-quarter 2026 results, with diluted EPS of $0.33 and significant year-over-year growth in Nareit FFO and Core FFO. The company increased its full-year 2026 earnings guidance, reflecting confidence in its grocery-anchored shopping center portfolio, successful acquisition strategy, and robust leasing activity. PECO acquired six shopping centers and one outparcel for $152.4 million, demonstrating its continued focus on expanding its high-quality asset base.
Seeking Clues to Phillips Edison & Company (PECO) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics
Wall Street analysts project Phillips Edison & Company (PECO) will report Q2 earnings of $0.68 per share, a 6.3% rise year-over-year, with revenues expected to increase by 7.2% to $190.47 million. Analysts also detailed specific revenue projections, including $183.54 million from rental income and $3.51 million from fees and management income. PECO's stock has outperformed the Zacks S&P 500 composite recently and currently holds a Zacks Rank #2 (Buy).
Phillips Edison & Company (PECO) Q2 2026 Preview: EPS Est. $0.17, Reports July 23
Phillips Edison & Company (PECO) is forecasted to report Q2 2026 earnings on July 23, with analysts expecting an EPS of $0.17 on revenues of $187.6 million. This projected EPS represents a significant 70% year-over-year increase, while revenue growth is estimated at 5.5%. Investors will closely monitor metrics like same-property net operating income growth, occupancy rates, and FFO/AFFO, along with management's guidance, to assess the REIT's performance and future outlook.
