Phillips Edison & Company, Inc. (NASDAQ:PECO) Releases Earnings Results, Misses Estimates By $0.35 EPS

Phillips Edison & Company, Inc. (NASDAQ:PECO) announced its quarterly earnings data on Thursday. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.35), FiscalAI reports. Phillips Edison & Company, Inc. had a return on equity of 5.56% and a net margin of 19.14%.The firm had revenue of $189.62 million for the quarter, compared to analysts’ expectations of $187.46 million. During the same quarter in the prior year, the business posted $0.64 earnings per share. Phillips Edison & Company, Inc.’s revenue was up 6.7% on a year-over-year basis. Phillips Edison & Company, Inc. updated its FY 2026 guidance to 0.950-0.970 EPS.

Phillips Edison & Company, Inc. Price Performance

Shares of Phillips Edison & Company, Inc. stock opened at $43.53 on Friday. The company’s fifty day moving average price is $41.46 and its two-hundred day moving average price is $39.08. Phillips Edison & Company, Inc. has a 52-week low of $32.84 and a 52-week high of $44.38. The firm has a market capitalization of $5.48 billion, a PE ratio of 37.85, a price-to-earnings-growth ratio of 2.27 and a beta of 0.52.

Phillips Edison & Company, Inc. Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, August 4th. Shareholders of record on Wednesday, July 15th will be issued a $0.1083 dividend. This represents a c) annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Wednesday, July 15th. Phillips Edison & Company, Inc.’s payout ratio is 113.04%.

Analyst Ratings Changes

Several research firms recently weighed in on PECO. Morgan Stanley boosted their target price on Phillips Edison & Company, Inc. from $38.00 to $42.00 and gave the stock an “equal weight” rating in a report on Friday, July 10th. Barclays raised their price target on Phillips Edison & Company, Inc. from $42.00 to $45.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 12th. Weiss Ratings upgraded Phillips Edison & Company, Inc. from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday. Wells Fargo & Company lifted their price target on Phillips Edison & Company, Inc. from $42.00 to $47.00 and gave the stock an “equal weight” rating in a research report on Thursday. Finally, LADENBURG THALM/SH SH increased their price objective on Phillips Edison & Company, Inc. from $44.00 to $46.00 and gave the company a “buy” rating in a research report on Tuesday, June 16th. Three investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $44.14.

Institutional Investors Weigh In On Phillips Edison & Company, Inc.

Institutional investors have recently added to or reduced their stakes in the stock. Invesco Ltd. raised its holdings in shares of Phillips Edison & Company, Inc. by 3.9% in the 4th quarter. Invesco Ltd. now owns 455,798 shares of the company’s stock worth $16,213,000 after buying an additional 17,097 shares in the last quarter. Strive Financial Group LLC acquired a new position in Phillips Edison & Company, Inc. during the fourth quarter worth $100,000. Mercer Global Advisors Inc. ADV raised its stake in Phillips Edison & Company, Inc. by 113.6% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 79,264 shares of the company’s stock worth $2,819,000 after acquiring an additional 42,155 shares in the last quarter. EP Wealth Advisors LLC acquired a new stake in shares of Phillips Edison & Company, Inc. in the 4th quarter valued at $397,000. Finally, VARCOV Co. bought a new stake in shares of Phillips Edison & Company, Inc. in the 4th quarter worth about $2,623,000. 80.70% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Phillips Edison & Company, Inc.

Here are the key news stories impacting Phillips Edison & Company, Inc. this week:

• Positive Sentiment: Moody’s revised Phillips Edison & Company’s outlook to positive while affirming its Baa2 senior unsecured rating, which can signal improving credit quality and lower financing-risk concerns. Moody’s Updates Phillips Edison & Company Outlook to Positive
• Positive Sentiment: The company reported Q2 FFO of $0.69 per share, slightly ahead of the Zacks consensus estimate of $0.68, suggesting core operating performance was better than expected for a shopping-center REIT. Phillips Edison & Company, Inc. (PECO) Beats Q2 FFO Estimates
• Neutral Sentiment: Second-quarter revenue of $189.6 million was slightly above expectations, but reported EPS of $0.33 missed consensus by a wide margin versus $0.64 a year ago, highlighting pressure on bottom-line earnings. Phillips Edison & Company Reports Second Quarter 2026 Results
• Neutral Sentiment: The company maintained solid revenue growth, with quarterly revenue up 6.7% year over year, which helps offset concerns about the EPS miss but does not fully remove them. Listen to Conference Call
• Negative Sentiment: Phillips Edison & Company also cut its FY 2026 EPS guidance to $0.95-$0.97, well below the market’s prior expectations, which could weigh on sentiment despite the supportive rating action. Phillips Edison & Company Reports Second Quarter 2026 Results

About Phillips Edison & Company, Inc.

Phillips Edison & Company, Inc is a publicly traded real estate investment trust (REIT) that specializes in the acquisition, ownership and operation of grocery-anchored, necessity-based shopping centers. The company’s investment strategy is centered on properties that benefit from everyday consumer demand, seeking to deliver stable cash flows through long-term, triple-net leases with national and regional tenants in the grocery, drugstore and essential retail sectors.

In addition to its core retail portfolio, Phillips Edison & Company provides integrated services covering property management, asset management, leasing, development and acquisition sourcing.