Phillips Edison & Company, Inc. | REIT Profile

Symbol: PECO
CIK: 1476204
Exchange: NASDAQ
Founded: 1991 (34 years)
HQ: Cincinnati, OH, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Retail

See PECO on Yahoo Finance
See PECO on SEC.gov

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About Phillips Edison & Company, Inc.

Phillips Edison & Company has a 30-year track record of creating value for its investors. PECO’s differentiated strategy, fully-integrated operating platform, and locally smart leasing and management continue to drive its strong results. This unique approach has proven to optimize the value of PECO’s grocery-anchored shopping centers through multiple real estate and economic cycles.


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REITMovers


REITMovers tracks the stock price and other indicators for all US REITs tracked by REITNotes during normal trading hours. This data is updated every 4 minutes during normal trading hours. Note: All prices have a 15 minute delay.


Latest Price High Low Open Previous Close Volume Change $ Change %
$35.01 $35.15 $34.51 $34.93 $35.08 854,275 -$0.07 -0.20%

Last update: 2025-04-29 12:59:02 PST

REITRating™ Trend


REITRating™ is REITNotes' Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. See score breakdown. The graph below plots the overall REITRating™ score for the last trading days. See complete trend.

Overall REITRating Score: 6.7

Dividend of Trading Day 2025-04-29


Dividend Yield: 3.51%*
Annualized Dividend: $0.41*
Dividend Yield (TTM): 1.2%
Annualized Dividend (TTM): $0.41
Ex-Dividend Date: 2025-04-15
Dividend Date: 2025-05-01
Dividend Frequency: Monthly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest REIT Press Releases


See more Press Releases for Phillips Edison & Company, Inc.

Key Stats of Trading Day 2025-04-29


Market Capitalization: $4,873,952,000
EBITDA: $421,554,000
P/E Ratio: 60.36
PEG Ratio: N/A
Book Value: 18.43
Dividend Per Share: $1.21
EPS: 0.58
Revenue Per Share TTM: $5.49
ProfitMargin: 10.50%
Operating Margin TTM: 28.00%
Return on Assets TTM: 2.22%
Return on Equity TTM: 3.00%
Revenue TTM: $678,401,000
Gross Profit TTM: $482,457,000
Diluted EPS TTM: $0.58
Quarterly Earnings Growth YOY: 44.80%
Quarterly Revenue Growth YOY: 10.50%
Trailing P/E: 60.36
Forward P/E: 60.24
Beta: 0.40
Price to Sales Ratio TTM: 7.18
Price to Book Ratio: 1.90
EV to Revenue: 9.98
EV to EBITDA: 15.56x
Shares Outstanding: 125,372,000
52 Week High: $39.56
52 Week Low: $29.69
50 Day Moving Average: $35.63
200 Day Moving Average: $36.67

Properties Owned by PECO


PECO Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website

Occupancy Rate


REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $33.24 per share you would have been able to buy 30 shares of PECO on 2024-04-29 costing $997.20 @ $33.24 per share you would have been able to buy 15 shares of PECO on 2024-04-29 costing $498.60 @ $33.24 per share you would have been able to buy 7 shares of PECO on 2024-04-29 costing $232.68 @ $33.24 per share you would have been able to buy 3 shares of PECO on 2024-04-29 costing $99.72 @ $33.24 per share you would have been able to buy 1 shares of PECO on 2024-04-29 costing $33.24
Current worth On 2024-07-05 these 30 shares would be worth $979.50 @ $32.65 On 2024-07-05 these 15 shares would be worth $489.75 @ $32.65 On 2024-07-05 these 7 shares would be worth $228.55 @ $32.65 On 2024-07-05 these 3 shares would be worth $97.95 @ $32.65 On 2024-07-05 these 1 shares would be worth $32.65 @ $32.65
Dividends earned $39.23 in dividends would have been earned since 2024-04-29 with 30 shares. $20 in dividends would have been earned since 2024-04-29 with 15 shares. $9.15 in dividends would have been earned since 2024-04-29 with 7 shares. $3.92 in dividends would have been earned since 2024-04-29 with 3 shares. $1.31 in dividends would have been earned since 2024-04-29 with 15 shares.
Net (gain / loss)* 21.53 USD 10.76 USD 5.02 USD 2.15 USD 0.72 USD
ROI** 2.16% 2.16% 2.16% 2.16% 2.16%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by PECO. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
PECO 2025-04-15 0.103 --- 2025-02-12 2025-04-15 2025-05-01
PECO 2025-03-17 0.103 --- 2025-02-12 2025-03-17 2025-04-01
PECO 2025-02-18 0.103 --- 2024-10-30 2025-02-18 2025-03-04
PECO 2025-01-15 0.103 --- 2024-10-30 2025-01-15 2025-02-04
PECO 2024-12-16 0.103 --- 2024-10-30 2024-12-16 2025-01-03
PECO 2024-11-15 0.103 --- 2024-10-30 2024-11-15 2024-12-03
PECO 2024-10-15 0.103 --- 2024-09-03 2024-10-15 2024-11-01
PECO 2024-09-16 0.103 5.13% 2024-09-03 2024-09-16 2024-10-01
PECO 2024-08-15 0.098 --- 2024-07-31 2024-08-15 2024-09-04
PECO 2024-07-15 0.098 --- 2024-04-30 2024-07-15 2024-08-01
PECO 2024-06-17 0.098 --- 2024-04-30 2024-06-17 2024-07-02
PECO 2024-05-14 0.098 --- 2024-04-30 2024-05-15 2024-06-04
PECO 2024-04-12 0.098 --- 2024-02-21 2024-04-15 2024-05-01
PECO 2024-03-14 0.098 --- 2024-02-21 2024-03-15 2024-04-01
PECO 2024-02-14 0.098 --- 2023-11-07 2024-02-15 2024-03-01
PECO 2024-01-12 0.098 --- 2023-11-07 2024-01-16 2024-02-01
PECO 2023-12-14 0.098 --- 2023-11-07 2023-12-15 2024-01-02
PECO 2023-11-16 0.098 --- 2023-11-07 2023-11-17 2023-12-01
PECO 2023-10-13 0.098 --- 2023-09-05 2023-10-16 2023-11-01
PECO 2023-09-14 0.098 4.50% 2023-09-05 2023-09-15 2023-10-02

Financial Statements Overview


The next Earnings Report for PECO is 2024-07-25

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Assets 2024-12-31 2024-09-30 QoQ
Current Assets
Cash and Cash Equivalents at Carrying Value 4,881,000 6,446,000
Short-Term Investments 7,420,000 9,299,000
Cash and Short Term Investments 4,881,000 6,446,000
Current Net Receivables 0 0
Inventory 0 9,333,000
Other Current Assets 3,768,000 2,887,000
Total Current Assets 135,432,000 129,549,000 4.5%
Non-Current Assets
Property Plant Equipment 0 0
Accumulated Depreciation Amortization PPE 0 0
Long-Term Investments 38,455,000 34,036,000
Investments 0 0
Intangible Assets Excluding Goodwill 6,703,000 6,686,000
Goodwill 29,066,000 29,066,000
Intangible Assets 6,703,000 6,686,000
Other Non-Current Assets 0 0
Total Non-Current Assets 4,910,791,000 4,820,709,000 1.9%
Total Assets 5,046,223,000 4,950,258,000 1.9%
Liabilities
Current Liabilities
Current Accounts Payable 0 0
Deferred Revenue 0 0
Current Debt 0 0
Short-Term Debt 40,000,000 36,000,000
Current Long-Term Debt 40,000,000 36,000,000
Short Long-Term Debt Total 2,225,639,000 2,219,584,000
Other Current Liabilities 0 -129,517,000
Total Current Liabilities 226,599,000 187,616,000 20.8%
Non-Current Liabilities
Long-Term Debt Noncurrent 0 0
Long-Term Debt 2,069,512,000 2,068,690,000
Capital Lease Obligations 116,127,000 114,894,000
Other Non-Current Liabilities 0 0
Total Non-Current Liabilities 2,185,639,000 2,349,101,000
Total Liabilities 2,412,238,000 2,371,200,000 1.7%
Shareholders' Equity
Common Stock 1,251,000 1,226,000
Common Stock Shares Outstanding 136,821,000 136,578,000
Treasury Stock 0 0
Retained Earnings -1,332,435,000 -1,312,303,000
Total Shareholder Equity 2,319,922,000 2,249,237,000 3.1%

Amounts in USD ($)

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

2025-03-31 2024-12-31 QoQ
Total Revenue 178,311,000 173,048,000 3.0%
  - Cost of Revenue   51,015,000   50,959,000
  - Cost of Goods and Services Sold   51,015,000   50,959,000
= Gross Profit 127,296,000 122,089,000 4.3%
  - Research and Development   0   0
  - Selling General and Administrative   12,086,000   11,551,000
  - Depreciation   0   0
  - Depreciation and Amortization   65,274,000   61,455,000
  - Operating Expenses   77,360,000   75,635,000
= Operating Income 49,936,000 46,454,000 7.5%
EBIT (Earnings Before Interest and Tax) 49,936,000 47,012,000
  + Investment Income Net   0   0
  + Net Interest Income   0   -24,976,000
    - Interest Income     0     0
    - Interest Expense     25,672,000     24,976,000
  - Interest and Debt Expense   0   0
  + Non Interest Income   0   0
  + Other Non Operating Income   0   0
= Income Before Tax -2,584,000 20,181,000 -112.8%
  - Income Tax Expense 0 -1,047,000
= Net Income from Continuing Operations 0 20,181,000
= Net Income -2,584,000 18,142,000 -114.2%
Comprehensive Income Net of Tax 0 0
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) 115,210,000 108,467,000

Amounts in USD ($)

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Cash Flow 2024-03-31 2023-12-31 2023-09-30 2023-06-30
Net Income 17,670,000 13,533,000 12,245,000 14,451,000
Depreciation 60,206,000 59,572,000 58,706,000 59,667,000
Changes in Receivables 50,153,000 45,351,000 43,369,000 43,815,000
Changes in Inventories 0 0 0 0
Cash Change 5,631,000 4,872,000 3,777,000 5,564,000
Cash Flow 63,138,000 71,980,000 88,598,000 67,627,000
Capital Expenditures -12,931,000 -20,945,000 -26,700,000 -23,739,000
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -66,637,000 -207,047,000 -39,336,000 -15,585,000
Dividends Paid 0 0 0 0
Net Borrowings 1,919,600,000 1,829,004,000 1,768,517,000 1,849,799,000
Cash Flow Financing 4,718,000 135,706,000 -50,939,000 -54,090,000
Financing Cash Flows (Other) 0 0 0 0
Exchange Rate Effect 0 0 0 0

Amounts in USD ($)

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
3 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 8.0
Rating AFFO & Efficiency Section Avg. Rating
Rating Leverage Section Avg. Rating
Rating Asset & Revenue Section Avg. Rating
Rating Properties Section Avg. Rating
9 Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. 7.8
9 Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. 7.7
Rating Market Cap Section Avg. Rating
6 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.2
6.7 Overall REITRating™ Score (See trend) 6.3

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

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Last updated: 2025-04-29 - v6.0