(PECO) Phillips Edison - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US71844V2016

Stock: Shopping Centers, Retail, Real Estate, Grocery Anchors

Total Rating 42
Risk 25
Buy Signal -0.62
Risk 5d forecast
Volatility 17.8%
Relative Tail Risk -3.78%
Reward TTM
Sharpe Ratio 0.30
Alpha 1.94
Character TTM
Beta 0.213
Beta Downside 0.480
Drawdowns 3y
Max DD 15.78%
CAGR/Max DD 0.59

EPS (Earnings per Share)

EPS (Earnings per Share) of PECO over the last years for every Quarter: "2021-03": 0.56, "2021-06": 0.0522, "2021-09": 0.07, "2021-12": 0.04, "2022-03": 0.09, "2022-06": 0.08, "2022-09": 0.08, "2022-12": 0.08, "2023-03": 0.12, "2023-06": 0.11, "2023-09": 0.09, "2023-12": 0.1, "2024-03": 0.14, "2024-06": 0.11, "2024-09": 0.09, "2024-12": 0.13, "2025-03": 0.17, "2025-06": 0.1, "2025-09": 0.15, "2025-12": 0.13,

Revenue

Revenue of PECO over the last years for every Quarter: 2021-03: 130.381, 2021-06: 133.07, 2021-09: 132.334, 2021-12: 137.061, 2022-03: 142.163, 2022-06: 142.516, 2022-09: 145.654, 2022-12: 145.039, 2023-03: 151.064, 2023-06: 152.137, 2023-09: 152.474, 2023-12: 154.449, 2024-03: 161.302, 2024-06: 161.515, 2024-09: 165.527, 2024-12: 173.048, 2025-03: 178.311, 2025-06: 177.753, 2025-09: 182.669, 2025-12: 187.861,

Description: PECO Phillips Edison March 04, 2026

Phillips Edison & Co Inc (PECO) specializes in owning and operating grocery-anchored neighborhood shopping centers. This business model, common in the Retail REITs sub-industry, focuses on properties with stable foot traffic due to essential grocery tenants.

PECO operates a vertically integrated platform across 31 states, managing 324 shopping centers, including 297 wholly-owned properties. Their tenant base includes major grocery chains like Kroger and Publix, providing necessity-based goods and services.

For more detailed financial analysis and performance metrics, ValueRay offers in-depth research tools.

Headlines to watch out for

  • Grocery anchor tenant performance impacts rental income
  • Interest rate changes affect property valuation and debt costs
  • Consumer spending on necessities drives tenant sales
  • E-commerce growth influences brick-and-mortar retail demand

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income: 111.3m TTM > 0 and > 6% of Revenue
FCF/TA: 0.04 > 0.02 and ΔFCF/TA -0.74 > 1.0
NWC/Revenue: -13.97% < 20% (prev -9.10%; Δ -4.86% < -1%)
CFO/TA 0.07 > 3% & CFO 348.1m > Net Income 111.3m
Net Debt (2.49b) to EBITDA (492.2m): 5.06 < 3
Current Ratio: 0.66 > 1.5 & < 3
Outstanding Shares: last quarter (125.0m) vs 12m ago 3.35% < -2%
Gross Margin: 71.13% > 18% (prev 0.71%; Δ 7.04k% > 0.5%)
Asset Turnover: 14.06% > 50% (prev 13.11%; Δ 0.96% > 0%)
Interest Coverage Ratio: 2.08 > 6 (EBITDA TTM 492.2m / Interest Expense TTM 110.2m)

Altman Z'' -1.21

A: -0.02 (Total Current Assets 193.9m - Total Current Liabilities 295.4m) / Total Assets 5.29b
B: -0.26 (Retained Earnings -1.38b / Total Assets 5.29b)
C: 0.04 (EBIT TTM 229.9m / Avg Total Assets 5.17b)
D: -0.51 (Book Value of Equity -1.38b / Total Liabilities 2.70b)
Altman-Z'' Score: -1.21 = CCC

Beneish M 1.00

DSRI: 1.02 (Receivables 134.2m/119.4m, Revenue 726.6m/661.4m)
GMI: 1.00 (GM 71.13% / 71.22%)
AQI: 14.40 (AQ_t 0.96 / AQ_t-1 0.07)
SGI: 1.10 (Revenue 726.6m / 661.4m)
TATA: -0.04 (NI 111.3m - CFO 348.1m) / TA 5.29b)
Beneish M-Score: 4.96 (Cap -4..+1) = D

What is the price of PECO shares?

As of March 22, 2026, the stock is trading at USD 36.81 with a total of 1,973,436 shares traded.
Over the past week, the price has changed by -3.29%, over one month by -5.95%, over three months by +3.87% and over the past year by +8.21%.

Is PECO a buy, sell or hold?

Phillips Edison has received a consensus analysts rating of 3.82. Therefore, it is recommended to buy PECO.
  • StrongBuy: 4
  • Buy: 1
  • Hold: 6
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the PECO price?

Issuer Target Up/Down from current
Wallstreet Target Price 40.8 10.8%
Analysts Target Price 40.8 10.8%

PECO Fundamental Data Overview March 21, 2026

P/E Trailing = 42.1236
P/E Forward = 72.4638
P/S = 7.1468
P/B = 2.0624
Revenue TTM = 726.6m USD
EBIT TTM = 229.9m USD
EBITDA TTM = 492.2m USD
Long Term Debt = 2.28b USD (from longTermDebt, last quarter)
Short Term Debt = 92.0m USD (from shortTermDebt, last quarter)
Debt = 2.49b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.49b USD (from netDebt column, last quarter)
Enterprise Value = 7.67b USD (5.19b + Debt 2.49b - CCE 19.9m)
Interest Coverage Ratio = 2.08 (Ebit TTM 229.9m / Interest Expense TTM 110.2m)
EV/FCF = 36.16x (Enterprise Value 7.67b / FCF TTM 212.0m)
FCF Yield = 2.77% (FCF TTM 212.0m / Enterprise Value 7.67b)
FCF Margin = 29.18% (FCF TTM 212.0m / Revenue TTM 726.6m)
Net Margin = 15.32% (Net Income TTM 111.3m / Revenue TTM 726.6m)
Gross Margin = 71.13% ((Revenue TTM 726.6m - Cost of Revenue TTM 209.7m) / Revenue TTM)
Gross Margin QoQ = 70.35% (prev 71.30%)
Tobins Q-Ratio = 1.45 (Enterprise Value 7.67b / Total Assets 5.29b)
Interest Expense / Debt = 1.14% (Interest Expense 28.3m / Debt 2.49b)
Taxrate = 0.19% (100k / 52.6m)
NOPAT = 229.4m (EBIT 229.9m * (1 - 0.19%))
Current Ratio = 0.66 (Total Current Assets 193.9m / Total Current Liabilities 295.4m)
Debt / Equity = 1.09 (Debt 2.49b / totalStockholderEquity, last quarter 2.29b)
Debt / EBITDA = 5.06 (Net Debt 2.49b / EBITDA 492.2m)
Debt / FCF = 11.75 (Net Debt 2.49b / FCF TTM 212.0m)
Total Stockholder Equity = 2.29b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.15% (Net Income 111.3m / Total Assets 5.29b)
RoE = 4.86% (Net Income TTM 111.3m / Total Stockholder Equity 2.29b)
RoCE = 5.03% (EBIT 229.9m / Capital Employed (Equity 2.29b + L.T.Debt 2.28b))
RoIC = 4.93% (NOPAT 229.4m / Invested Capital 4.65b)
WACC = 4.89% (E(5.19b)/V(7.69b) * Re(6.70%) + D(2.49b)/V(7.69b) * Rd(1.14%) * (1-Tc(0.00)))
Discount Rate = 6.70% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 33.33 | Cagr: 0.80%
[DCF] Terminal Value 86.63% ; FCFF base≈223.1m ; Y1≈229.8m ; Y5≈258.4m
[DCF] Fair Price = 41.27 (EV 7.68b - Net Debt 2.49b = Equity 5.19b / Shares 125.8m; r=5.90% [WACC]; 5y FCF grow 3.07% → 2.90% )
EPS Correlation: 69.16 | EPS CAGR: 10.30% | SUE: -0.43 | # QB: 0
Revenue Correlation: 98.65 | Revenue CAGR: 7.72% | SUE: 4.0 | # QB: 2
EPS next Quarter (2026-06-30): EPS=0.17 | Chg7d=+0.008 | Chg30d=+0.003 | Revisions Net=-1 | Analysts=2
EPS current Year (2026-12-31): EPS=0.67 | Chg7d=+0.020 | Chg30d=-0.010 | Revisions Net=-1 | Growth EPS=+27.7% | Growth Revenue=+4.3%
EPS next Year (2027-12-31): EPS=0.71 | Chg7d=-0.003 | Chg30d=-0.063 | Revisions Net=-1 | Growth EPS=+7.1% | Growth Revenue=+4.6%
[Analyst] Revisions Ratio: -1.00 (0 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 5.6% (Discount Rate 7.9% - Earnings Yield 2.4%)
[Growth] Growth Spread = -0.6% (Analyst 4.9% - Implied 5.6%)

Additional Sources for PECO Stock

Fund Manager Positions: Dataroma | Stockcircle