Phillips Edison Stock (NASDAQ:PECO)


ForecastChart

Previous Close

$35.96

52W Range

$32.40 - $40.12

50D Avg

$34.59

200D Avg

$35.84

Market Cap

$4.47B

Avg Vol (3M)

$849.47K

Beta

0.47

Div Yield

$1.13 (3.46%)

PECO Company Profile


Phillips Edison & Company, Inc. (PECO), an internally-managed REIT, is one of the nation's largest owners and operators of grocery-anchored shopping centers. PECO's diversified portfolio of well-occupied neighborhood shopping centers features a mix of national and regional retailers selling necessity-based goods and services in fundamentally strong markets throughout the United States. Through its vertically-integrated operating platform, the Company manages a portfolio of 309 properties, including 283 wholly-owned properties comprising approximately 31.7 million square feet across 31 states (as of September 30, 2020). PECO has generated strong operating results over its 29+ year history and has partnered with leading institutional commercial real estate investors, including TPG Real Estate and The Northwestern Mutual Life Insurance Company. The Company remains exclusively focused on creating great grocery-anchored shopping experiences and improving the communities it serves one center at a time.

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Industry

REIT - Retail

Sector

Real Estate

Exchange

NASDAQ

ADR

-

Country

US

Employees

300

IPO Date

Feb 25, 2021

Website

PECO Performance


Peer Comparison


TickerCompany
NTSTNETSTREIT Corp.
BRXBrixmor Property Group Inc.
SITCSITE Centers Corp.
KRGKite Realty Group Trust
UEUrban Edge Properties
IVTInvenTrust Properties Corp.
BNLBroadstone Net Lease, Inc.
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