Inside the research
Phillips Edison & Company, Inc.
PECO Research profile · latest available data
Price overview
$37.39
▲ +0.27 (+0.7%)
| 52w hi | $43.76 |
|---|---|
| 52w lo | $32.12 |
| Vol | 1.17M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.28
| Short | -0.13 |
|---|---|
| Medium | -0.42 |
| Long | -0.33 |
computed 2026-09-27
Key fundamentals
Phillips Edison & Company, Inc.
Real Estate · REIT - Retail
| Market cap | $5.29B |
|---|---|
| Enterprise value | $7.55B |
| Trailing P/E | 32.80x |
| Forward P/E | 55.14x |
| EV / EBITDA | 16.31x |
| P / S (ttm) | 7.03x |
| Profit margin | 19.1% |
| Return on equity | 6.0% |
| Revenue growth | +6.7% |
| Earnings growth | +219.2% |
| Debt / equity | 91.85 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.18 | |
| Sector | -0.04 | |
| Technical | -0.28 | |
| Earnings | +0.00 | |
| Sentiment | +0.19 |
macro × 1.00 · 2026-09-27
Business overview
Phillips Edison & Company, Inc. (PECO) is one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. PECO has generated strong results through its vertically integrated operating platform and national footprint of well-occupied shopping centers. PECO's centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO's top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of June 30, 2026, PECO managed 330 shopping centers, including 302 wholly owned centers comprising 33.9 million square feet across 31 states and 28 shopping centers owned in three institutional joint ventures. PECO is focused on creating great grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time. Phillips Edison & Company, Inc. was incorporated in 1991 and is based in Cincinnati, Ohio.
Risk Metrics
| Beta vs SPX | 0.32 |
|---|---|
| Corr SPX | 0.29 |
| Annual vol | 17.3% |
| Annual ret | +0.2% |
| Sharpe | 0.01 |
| Max DD | -17.0% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-10 | Other Material Event, Exhibits | read |
| 2026-08-05 | Reg FD Disclosure, Exhibits | read |
| 2026-07-23 | Earnings Release, Reg FD Disclosure… | read |
| 2026-05-12 | Shareholder Vote, Reg FD Disclosure… | read |
| 2026-04-23 | Earnings Release, Reg FD Disclosure… | read |
| 2026-02-26 | Material Agreement, Material Obligation… | read |
| 2026-02-12 | Reg FD Disclosure, Exhibits | read |
| 2026-02-05 | Earnings Release, Reg FD Disclosure… | read |
| 2025-12-17 | Reg FD Disclosure | read |
| 2025-11-05 | Reg FD Disclosure, Exhibits | read |
| 2025-10-23 | Earnings Release, Reg FD Disclosure… | read |
| 2025-09-02 | Material Agreement, Material Obligation… | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-05-12 | Fischer Elizabeth | Grant | 2.90K | — | |
| 2026-05-12 | QUAZZO STEPHEN R | Grant | 2.90K | — | |
| 2026-05-12 | Silfen Jane | Grant | 2.90K | — | |
| 2026-05-12 | Strong John A. | Grant | 2.90K | — | |
| 2026-05-12 | Wood Gregory S. | Grant | 2.90K | — | |
| 2026-05-12 | Terry Anthony E | Grant | 2.90K | — | |
| 2026-05-12 | CHAO LESLIE T | Grant | 2.90K | — |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 8 |
| Top-5 share | 98.2% |
| HHI | 4,136 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $304.20M | 7.29M |
| Fidelity / FMR LLC | $175.66M | 4.22M |
| Renaissance Technologies | $28.36M | 681.40K |
| Capital Research / Capital World | $21.19M | 509.03K |
| AQR Capital Management | $9.87M | 237.19K |
| Millennium Management | $9.65M | 231.93K |
| Citadel Advisors | $412.04K | 9.90K |
| T. Rowe Price Group | $6.31K | 151.54K |
As of 2026-06-30
Dividends
| Yield (TTM) | 2.02% |
|---|---|
| $ / share (TTM) | $0.76 |
| 5y CAGR | — |
Annual dividend per share
| 2021 | $0.44 |
|---|---|
| 2022 | $1.09 |
| 2023 | $1.14 |
| 2024 | $1.20 |
| 2025 | $1.26 |
| 2026 | $0.43 |
SEC Filings
The Long Run
FY 2011–2025 · 14 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $9.65M | +8.0% | |
| Operating income | $646.00K | — | |
| Net income | $111.30M | +55.0% | |
| Cash from ops | $348.15M | +63.3% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $37.20 | $37.41 | $36.72 | $37.39 | 1.17M |
| Sep 24 | $36.72 | $37.24 | $36.65 | $37.12 | 1.31M |
| Sep 23 | $36.89 | $36.97 | $36.60 | $36.72 | 1.30M |
| Sep 22 | $37.19 | $37.43 | $36.92 | $37.09 | 926.40K |
| Sep 21 | $37.23 | $37.23 | $36.68 | $37.00 | 1.20M |
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