Date | Price Target | Rating | Analyst |
---|---|---|---|
8/28/2024 | $34.00 → $37.00 | Underweight → Equal Weight | Wells Fargo |
2/23/2024 | $35.00 → $37.00 | Neutral → Buy | Mizuho |
1/30/2024 | $41.00 | Buy | Deutsche Bank |
9/20/2023 | $35.00 | Equal Weight → Underweight | Wells Fargo |
7/6/2023 | Outperform → Peer Perform | Wolfe Research | |
5/24/2023 | $31.00 | Equal Weight | Wells Fargo |
3/21/2023 | $38.00 | Buy | Goldman |
1/9/2023 | Neutral → Outperform | Credit Suisse |
Wells Fargo upgraded Phillips Edison & Company from Underweight to Equal Weight and set a new price target of $37.00 from $34.00 previously
Mizuho upgraded Phillips Edison & Company from Neutral to Buy and set a new price target of $37.00 from $35.00 previously
Deutsche Bank initiated coverage of Phillips Edison & Company with a rating of Buy and set a new price target of $41.00
SC 13G/A - Phillips Edison & Company, Inc. (0001476204) (Subject)
SC 13G/A - Phillips Edison & Company, Inc. (0001476204) (Subject)
SC 13G - Phillips Edison & Company, Inc. (0001476204) (Subject)
CINCINNATI, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (NASDAQ:PECO) ("PECO" or the "Company"), one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, will host a PECO GROW Update for financial advisors and retail investors on Wednesday, September 18, 2024, at 12:00 p.m. ET. During the webcast, PECO will discuss the business and answer questions from financial advisors and retail investors. Chairman and Chief Executive Officer Jeff Edison, President Bob Myers and Chief Financial Officer John Caulfield will host the webcast and Q&A session. The PECO GROW presentation will be posted on the Investor R
CINCINNATI, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (NASDAQ:PECO) ("PECO" or the "Company"), one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that its operating partnership, Phillips Edison Grocery Center Operating Partnership I, L.P. (the "Operating Partnership"), has priced a public offering of $350 million aggregate principal amount of 4.950% senior unsecured notes due 2035 (the "Notes"). The Notes were priced at 98.458% of the principal amount and will mature on January 15, 2035. The offering is expected to settle on September 12, 2024, subject to the satisfaction of customary cl
CINCINNATI, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (NASDAQ:PECO) ("PECO" or the "Company"), one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that Moody's Ratings ("Moody's") upgraded its issuer credit rating for PECO and the Company's operating partnership, Phillips Edison Grocery Center Operating Partnership I L.P., to ‘Baa2' from ‘Baa3', with a stable outlook. In its public announcement, Moody's noted: "PECO's Baa2 ratings reflect its high-quality portfolio of open-air neighborhood and community shopping centers, the resilient operating cash flows generated by its grocery-anchore
4 - Phillips Edison & Company, Inc. (0001476204) (Issuer)
4 - Phillips Edison & Company, Inc. (0001476204) (Issuer)
4 - Phillips Edison & Company, Inc. (0001476204) (Issuer)
In the last three months, 4 analysts have published ratings on Phillips Edison (NASDAQ:PECO), offering a diverse range of perspectives from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 0 1 1 0 Last 30D 1 0 0 0 0 1M Ago 1 0 1 1 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $35.25, a high estimate of $38.00, and a low estimate of $33.00. A 7.24% drop
Deutsche Bank analyst Omotayo Okusanya maintains Phillips Edison (NASDAQ:PECO) with a Buy and lowers the price target from $41 to $38.
Wells Fargo analyst Tammi Fique maintains Phillips Edison (NASDAQ:PECO) with a Underweight and lowers the price target from $35 to $34.
8-K - Phillips Edison & Company, Inc. (0001476204) (Filer)
8-K - Phillips Edison & Company, Inc. (0001476204) (Filer)
8-K - Phillips Edison & Company, Inc. (0001476204) (Filer)
CINCINNATI, July 01, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (NASDAQ:PECO) ("PECO" or the "Company"), one of the nation's largest owners and operators of grocery-anchored neighborhood shopping centers, today announced that on June 25, 2024, its Board of Directors (the "Board") increased the size of the Board from nine to 10 members and appointed Devin Murphy to the Board, effective July 2, 2024. Jeff Edison, Chairman and Chief Executive Officer stated, "We are excited to welcome Devin to PECO's Board. Over the past decade, he has played a key role in PECO's growth. Devin worked side-by-side with me to transform PECO into one of the largest strategic owners and operators
CINCINNATI, April 30, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (NASDAQ:PECO) ("PECO"), one of the nation's largest owners and operators of grocery-anchored neighborhood shopping centers, today announced that its Board of Directors declared monthly dividend distributions of $0.0975 per share of the Company's common stock payable on June 4, 2024; July 2, 2024; and August 1, 2024 to stockholders of record as of May 15, 2024; June 17, 2024; and July 15, 2024, respectively. Operating partnership unit holders receive distributions at the same rate as common stockholders, subject to the required tax withholding. Earlier in the day, PECO held its annual meeting of stockholders in
CINCINNATI, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (NASDAQ:PECO) ("PECO" or the "Company"), one of the nation's largest owners and operators of grocery-anchored neighborhood shopping centers, today announced that its Board of Directors (the "Board") has appointed Anthony "Tony" Terry to serve as an independent director, effective October 30, 2023. Jeff Edison, Chairman and Chief Executive Officer of PECO stated: "We are delighted to welcome Tony to PECO's Board. With more than three decades of public company business experience working with senior management and boards to drive growth and innovation, Tony brings a proven track record of substantial accomplish
CINCINNATI, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (NASDAQ:PECO) ("PECO" or the "Company"), one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that its Board of Directors (the "Board") approved a 5.1% increase to the monthly dividend distributions payable October 1, 2024 and November 1, 2024 to common stockholders of record as of September 16, 2024 and October 15, 2024, respectively. The Board approved the distribution at a rate of $0.1025 per share of the Company's common stock. When annualized, this is equal to a rate of $1.23 per share, representing an increase of 5.1% over the pr
CINCINNATI, July 31, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (NASDAQ:PECO) ("PECO"), one of the nation's largest owners and operators of grocery-anchored neighborhood shopping centers, today announced that its Board of Directors declared a monthly dividend distribution of $0.0975 per share of the Company's common stock payable on September 4, 2024 to stockholders of record as of August 15, 2024. Operating partnership unit holders receive distributions at the same rate as common stockholders, subject to the required tax withholding. Connect with PECO For additional information, please visit https://www.phillipsedison.com/ Follow PECO on:Twitter at https://twitter.com/Phil
CINCINNATI, July 25, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (NASDAQ:PECO) ("PECO" or the "Company"), one of the nation's largest owners and operators of grocery-anchored neighborhood shopping centers, today reported financial and operating results for the period ended June 30, 2024 and reaffirmed full year 2024 earnings guidance. For the three and six months ended June 30, 2024, net income attributable to stockholders was $15.3 million, or $0.12 per diluted share, and $32.9 million, or $0.27 per diluted share, respectively. Highlights for the Second Quarter Ended June 30, 2024 Reported Nareit FFO of $78.4 million, or $0.57 per diluted shareReported Core FFO of $