Phillips Edison & Company, Inc.PECO

$40.69+0.20 (+0.49%)
NASDAQReal Estate24:00 UTC

Company snapshot

Market Cap
$5B
Mid-cap
+205%
2021 — today
10-Year Price
+128%
2021 — today
52-Week Range
$33.04$41.98
Current $40.69· 86%

Phillips Edison & Company, Inc. (PECO) is an internally managed real estate investment trust that stands as one of America's foremost owners and operators of shopping centers anchored by grocery stores. Its diverse portfolio consists of highly occupied neighborhood retail hubs, featuring a blend of national and regional businesses that supply essential goods and services within robust U.S. markets. Leveraging its integrated operational platform, the company oversees 309 properties, including 283 fully owned assets spanning approximately 31.7 million square feet across 31 states (as of September 30, 2020). PECO has consistently delivered strong financial performance throughout its more than 29-year existence and has collaborated with prominent institutional commercial real estate investors such as TPG Real Estate and The Northwestern Mutual Life Insurance Company. The firm remains dedicated to enhancing grocery-anchored retail experiences and uplifting the communities it serves, one location at a time.

Valuation in context

P/E ratio
44.6
Historically cheap
Historically cheap relative to the last 10 years
P/B ratio
2.0
Near historic high
Near historic highs — last 10 years
EV / EBITDA
15.1
Historically cheap
Historically cheap relative to the last 10 years
Dividend Yield
3.2%
Below average
Below the 10-year average
FCF Yield
4.1%
Historically low
Historically low relative to the last 10 years
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