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Phillips Edison and Company Inc (NASDAQ: PECO) |
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Price: $38.9600
$-0.22 
-0.562%
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| Day's High:
| $39.5099983215332
| Week Perf:
| 0.8 %
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| Day's Low: |
$ 38.90 |
30 Day Perf: |
-4.32 % |
| Volume (M): |
441,785 |
52 Wk High: |
$ 44.38 |
| Volume (M$): |
$ 0 |
52 Wk Avg: |
$37.84 |
| Open: |
$38.90 |
52 Wk Low: |
$32.98 |
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| Market Capitalization (Millions $) |
5,415 |
| Shares
Outstanding (Millions) |
139 |
| Employees |
320 |
| Revenues (TTM) (Millions $) |
739 |
| Net Income (TTM) (Millions $) |
127 |
| Cash Flow (TTM) (Millions $) |
15 |
| Capital Exp. (TTM) (Millions $) |
484 |
Business Description
Phillips Edison and Company, Inc. is a retail-focused real estate investment trust (REIT) which has been in operation for over 30 years. The company specializes in the ownership, management, and development of grocery-anchored shopping centers across the United States.
Phillips Edison and Company, Inc. was founded in 1990 by Jeffrey Edison and Michael Phillips. The company is headquartered in Cincinnati, Ohio, and has additional offices located in California, New York, and Texas. As of March 2021, the company owned and managed over 300 shopping centers located in 31 states, comprising of more than 32 million square feet of leasable space.
The shopping centers owned by Phillips Edison and Company, Inc. are anchored by national and regional grocery stores, which create a critical mass of daily needs retail. This type of anchored retail is highly attractive to both tenants and consumers, as it provides convenience and accessibility, and creates a natural foot traffic flow.
Phillips Edison and Company, Inc. operates with the aim of providing a steady return on investment for its shareholders while delivering value for its tenants, partners, and stakeholders. The company's highly experienced management team has a proven track record of acquiring, redeveloping, and repositioning shopping centers into highly profitable assets.
The main strategy of the company is to acquire high-quality shopping centers that are anchored by major grocery stores, making them highly resilient to economic downturns. Phillips Edison and Company, Inc. also seeks to provide cutting edge technology and marketing strategies to its tenants, encouraging them to remain competitive in an ever-changing retail climate.
In 2021, Phillips Edison and Company, Inc. announced its plans to merge with a publicly traded Special Purpose Acquisition Company (SPAC), providing investors with an opportunity to hold shares in the company. The merger is expected to close in the second quarter of 2021, and the newly formed company will trade on the NASDAQ under the ticker PECO.
Overall, Phillips Edison and Company, Inc. is a thriving retail-focused REIT that is consistently expanding its portfolio and providing value to its stakeholders. The company's robust management team, dedication to anchored retail, and technological innovation make it a leader in the retail real estate market.
Company Address: 11501 Northlake Drive Cincinnati 45249 OH
Company Phone Number: 554-1110 Stock Exchange / Ticker: NASDAQ PECO
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| Stock Performances by Major Competitors |
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| Dividend
Published Wed, Feb 12 2025 9:05 PM UTC
Monthly Dividends Declared by Phillips Edison & Company Reflect a Resilient Strategy Amid Market FluctuationsIn a recent announcement, Phillips Edison & Company, Inc. (Nasdaq: PECO), a significant player in the management and ownership of grocery-anchored neighborhood shopping centers, has declared its monthly dividend distributions, reinforcing its commitment to returning ...
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| Product Service News
Published Sat, Jan 18 2025 12:40 PM UTC
Phillips Edison & Company outperforms rivals in revenue growth, navigates profit decline amid competitive landscape On January 17, 2025, Phillips Edison & Company, Inc. (Nasdaq: PECO), a recognized leader in the ownership and operation of high-quality, grocery-anchored neighborhood shopping centers, announced the tax reporting details for its 2024 distributions to common sto...
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| Dividend
Published Wed, Oct 30 2024 8:44 PM UTC
Phillips Edison & Company: Capitalizing on Market Momentum with Strategic Dividend and Financial ManeuversCincinnati-based Phillips Edison & Company, Inc. (Nasdaq: PECO), a prominent player in the ownership and operation of high-quality, grocery-anchored shopping centers throughout the United States, has announced a new monthly dividend distribution. This declaration, made o...
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| Financing Agreement
Published Mon, Sep 9 2024 8:58 PM UTC
nn Phillips Edison & Company Anno...
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| Dividend
Published Tue, Sep 3 2024 8:06 PM UTC
Phillips Edison & Company to Boost Dividends, Signaling Confidence Amid Market Challenges
In an era characterized by economic uncertainty and fluctuating consumer spending, Phillips Edison & Company, Inc. (Nasdaq: PECO), one of America s leading owners and operators of high-quality, grocery-anchored neighborhood shopping centers, is making waves with its recently announc...
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Fundamental Analysis
| Per Share |
Current |
| Earnings (TTM) |
0.88 $ |
| Revenues (TTM) |
5.32 $
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| Cash Flow (TTM) |
0.1 $ |
| Cash |
0.02 $
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| Book Value |
18.56 $
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| Dividend (TTM) |
2.24 $ |
| Efficiency
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Current |
| Revenue per Employee
(TTM) |
2,309,450 |
| Net
Income per Employee (TTM) |
397,866 |
| Receivable Turnover Ratio (TTM) |
- |
| Inventory Turnover Ratio (TTM) |
- |
| Asset Turnover Ratio (TTM) |
0.1 |
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| Per Share |
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| Earnings (TTM) |
0.88 $
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| Revenues (TTM) |
5.32 $ |
| Cash Flow (TTM) |
0.1 $ |
| Cash |
0.02 $
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| Book Value |
18.56 $ |
| Dividend (TTM) |
2.24 $ |
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| Insurance premiums |
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 0.65 % |
of total Revenue |
| Affiliates Recurring fees |
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0.7 % |
of total Revenue |
| Affiliates Transactional revenue and reimbursements |
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0.46 % |
of total Revenue |
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On February 6 2025 the Phillips Edison Inc provided following guidance
nnPhillips Edison and Company, Inc. Financial Estimates for 2025nn
nDate: February 6, 2025n
CINCINNATI – Phillips Edison and Company, Inc. (Nasdaq: PECO), recognized as one of the leading owners and operators of premium grocery-anchored neighborhood shopping centers in the United States, today shared its financial results for the fourth quarter and the full year ended December 31, 2024, alongside its guidance for 2025.
For the fourth quarter of 2024, the company reported a net income attributable to stockholders amounting to $18.1 million, translating to earnings of $0.15 per diluted share. For the entire fiscal year 2024, Phillips Edison achieved a net income of $62.7 million, ...
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