LADENBURG THALM/SH SH Issues Positive Forecast for Phillips Edison & Company, Inc. (NASDAQ:PECO) Stock Price

Phillips Edison & Company, Inc. (NASDAQ:PECO) had its target price boosted by analysts at LADENBURG THALM/SH SH from $44.00 to $46.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the stock. LADENBURG THALM/SH SH’s price target points to a potential upside of 11.04% from the stock’s previous close.

Several other equities research analysts have also issued reports on PECO. Morgan Stanley upped their price target on Phillips Edison & Company, Inc. from $37.00 to $38.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 21st. Barclays upped 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. Wells Fargo & Company upped their price target on Phillips Edison & Company, Inc. from $40.00 to $42.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 26th. Evercore reissued an “outperform” rating and set a $43.00 price target on shares of Phillips Edison & Company, Inc. in a research report on Monday, April 27th. Finally, UBS Group upped their price target on Phillips Edison & Company, Inc. from $38.00 to $43.00 and gave the company a “neutral” rating in a research report on Monday, May 18th. Four investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $42.29.

Phillips Edison & Company, Inc. Stock Down 0.1%

Shares of PECO traded down $0.05 during trading on Tuesday, reaching $41.43. The company’s stock had a trading volume of 778,017 shares, compared to its average volume of 909,839. The company has a market cap of $5.21 billion, a price-to-earnings ratio of 45.01, a P/E/G ratio of 2.24 and a beta of 0.53. Phillips Edison & Company, Inc. has a twelve month low of $32.84 and a twelve month high of $42.26. The company has a fifty day moving average of $39.68 and a two-hundred day moving average of $37.72.

Phillips Edison & Company, Inc. (NASDAQ:PECO) last posted its quarterly earnings results on Thursday, April 23rd. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.43). The firm had revenue of $190.74 million for the quarter, compared to analyst estimates of $184.91 million. Phillips Edison & Company, Inc. had a net margin of 15.61% and a return on equity of 4.46%. The business’s revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.65 earnings per share. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.790-0.810 EPS. As a group, equities analysts forecast that Phillips Edison & Company, Inc. will post 2.76 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Waverly Advisors LLC grew its stake in Phillips Edison & Company, Inc. by 0.8% during the 1st quarter. Waverly Advisors LLC now owns 35,466 shares of the company’s stock worth $1,327,000 after buying an additional 269 shares during the last quarter. Blair William & Co. IL grew its stake in Phillips Edison & Company, Inc. by 2.6% during the 4th quarter. Blair William & Co. IL now owns 11,011 shares of the company’s stock worth $392,000 after buying an additional 276 shares during the last quarter. Allworth Financial LP grew its stake in Phillips Edison & Company, Inc. by 4.1% during the 4th quarter. Allworth Financial LP now owns 7,846 shares of the company’s stock worth $279,000 after buying an additional 306 shares during the last quarter. Lazard Asset Management LLC grew its stake in Phillips Edison & Company, Inc. by 1.0% during the 2nd quarter. Lazard Asset Management LLC now owns 30,876 shares of the company’s stock worth $1,081,000 after buying an additional 314 shares during the last quarter. Finally, Kovack Advisors Inc. grew its stake in Phillips Edison & Company, Inc. by 2.9% during the 4th quarter. Kovack Advisors Inc. now owns 11,474 shares of the company’s stock worth $408,000 after buying an additional 327 shares during the last quarter. 80.70% of the stock is currently owned by institutional investors.

Phillips Edison & Company, Inc. Company Profile

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.