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PECO

Phillips Edison & Co.

PECO

NASDAQ·Real Estate·REIT - Retail·Mkt cap $5.2B

$41.87

▲ +0.74%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$32.84 - $42.70

P/E

45.91

Fwd P/E

53.83

Beta

0.56

Div Yield

3.10%

Avg Vol

1.0M

Shares Out

126.0M

Mkt Cap

$5.2B

Price action

Price chart

Up 18.5% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

▲

Bull Case

5 reasons

  • Largest portfolio of grocery-anchored shopping centers with 309 properties and 31.7M sq ft
  • Vertically-integrated operating platform reducing third-party dependencies and costs
  • Necessity-based retail focus providing defensive cash flows resistant to economic downturns
  • Diversified geographic presence across 31 states mitigating regional market risk
  • Institutional investor partnerships with TPG Real Estate and Northwestern Mutual providing capital access
▼

Bear Case

2 risks

  • Low volatility (beta 0.6).
  • Premium valuation to Retail REITs peers

Growth

Stable outlook

Expansion of grocery-anchored portfolio in fundamentally strong markets

Value

Premium valuation to Retail REITs peers

Momentum

Strong

+10.7% over 3m

Quality

Strong

Strong fundamentals

Dividend

Solid

3.10% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Apr 22, 2026

“
Q2 26 RECAP

APR 23, 2026

Reported EPS of $0.24 vs $0.17 consensus (+39.2% surprise). Revenue of $186.3M vs $183.7M expected (+1.4%). Beat on both top and bottom lines.

EPS beat +39.2%
Rev beat +1.4%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+39.2%

Next: Apr 22, 2026

Revenue trend · last 8Q

—

—

+12%

+11%

+10%

+78%

+9%

+8%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$161.5M

$165.5M

$173.0M

$178.3M

$177.8M

$182.7M

$187.9M

$191.9M

Margins · last 8Q

Gross

3.0%

Operating

30.3%

Profit

15.8%

View full earnings history →

Wall Street consensus

5 analysts · 20% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

20%

Hold

4

80%

Sell

0%

Median Price Target

$43.00

▲ +2.7% vs $41.87

Low $42.00
Median $43.00
High $45.00

Latest: Wells Fargo · $42.00 · May 26, 2026

4 analysts covering

View full analyst page →

vs Industry

How PECO stacks vs REIT - Retail

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.