Phillips Edison & Company, Inc. (PECO) AI Stock Analysis

Phillips Edison & Company, Inc. (PECO) is an internally-managed real estate investment trust focused on the grocery-anchored shopping center sector nationwide. The company owns and operates a diversified collection of neighborhood shopping centers anchored by grocery stores in key United States markets, serving national and regional retailers that provide essential goods and services. Through its vertically-integrated operating platform, PECO manages a portfolio of 309 properties. The company outright owns 283 properties representing approximately 31.7 million square feet of leasable space across 31 states.

Revenue increased from $532.8M in FY2021 to $575.4M in FY2022, $610.1M in FY2023, $661.4M in FY2024, and $732.3M in FY2025, reflecting a 5-year revenue CAGR of 8.0%. Annual revenue growth accelerated to 10.7% in FY2025 from 8.4% in FY2024. Operating margin was 27.2% in FY2025 compared to 64.3% in FY2024, while net income reached $111.3M with a net margin of 15.2%. For the trailing twelve months ended June 30, 2026, revenue totaled $750.9M. In the latest quarter ended June 30, 2026, quarterly revenue increased 6.7% year-over-year, and quarterly earnings rose 219.2%.

As of June 30, 2026, PECO held $7.1M in cash and short-term investments alongside total debt of $2.58B, resulting in net debt of $2.58B. Total assets stood at $5.44B and shareholders' equity was $2.37B, representing a debt-to-equity ratio of 1.09 and a current ratio of 0.16. In FY2025, the company generated $348.1M in operating cash flow and $212.0M in free cash flow. Cash outlays during FY2025 included $136.1M in capital expenditures and $157.3M in dividends paid.

PECO trades at a trailing price-to-earnings multiple of 33.5x and a forward P/E of 65.8x, both higher than the median of its US-listed Real Estate peers at 21.6x and 23.5x, respectively. Its enterprise value to EBITDA sits at 13.6x, compared to the peer median of 14.7x. The stock trades at a price-to-sales ratio of 7.2x versus the peer median of 3.7x. Over the past year, PECO achieved a return of 16.2%, trailing the S&P 500 return of 16.8%. Over five years, the stock returned 44.2% compared to 83.0% for the S&P 500.

PECO pays a monthly dividend with an annual forward dividend of $1.38 per share, representing a dividend yield of 3.61%. The company has paid dividends for 6 consecutive years. Its payout ratio is 39.8%, and the last ex-dividend date is November 16, 2026. In FY2025, total dividends paid were $157.3M.

Among covering analysts, 7 rate PECO as Strong Buy and 7 rate it as Hold, with 0 Buy, Sell, or Strong Sell ratings. The mean price target is $43.31, representing an upside of 13.3% from the last close of $38.21. The company beat EPS estimates in 3 of the last 4 quarters. For the fiscal year ending December 31, 2026, consensus estimates project EPS of $0.84 and revenue of $757.1M. The next earnings date is October 26, 2026.

This page is an AI-written research summary of Phillips Edison & Company, Inc. (PECO). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: PECO income statement, PECO balance sheet, PECO key metrics, PECO analyst forecast, PECO chart. See the PECO stock overview for the latest quote and news.