A new trading data show Phillips Edison & Company Inc (PECO) is showing positive returns.

With 0.52 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.64 million shares. During the session, the REIT – Retail company that operates in wider Real Estate sector, reached to the highest price of $33.04 whereas the lowest price it dropped to was $32.72. The 52-week range on PECO shows that it touched its highest point at $37.92 and its lowest point at $27.85 during that stretch. It currently has a 1-year price target of $38.44. With its current market cap of 4.03 billion, PECO has annualized dividend of $1.15 while the current yield stands at 3.50%. Beta for the stock currently stands at 0.58.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PECO was up-trending over the past week, with a rise of 1.60%, but this was down by -5.67% over a month. Three-month performance dropped to -7.94% while six-month performance fell -3.20%. The stock gained 5.99% in the past year, while it has lost -9.73% so far this year. A look at the trailing 12-month EPS for PECO yields 0.47 with Next year EPS estimates of 0.60. For the next quarter, that number is 0.14. This implies an EPS growth rate of 16.51% for this year and 7.68% for next year.

Float and Shares Shorts:

At present, 122.02 million PECO shares are outstanding with a float of 121.55 million shares on hand for trading. On 2024-04-15, short shares totaled 3.44 million, which was 280.99999 higher than short shares on 1710460800. In addition to Mr. Jeffrey S. Edison as the firm’s Chairman & CEO, Mr. Robert F. Myers serves as its President.

Institutional Ownership:

Through their ownership of 0.83252 of PECO’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-31, PECO reported revenue of $154449000.0 and operating income of $38406000.0. The EBITDA in the recently reported quarter was $99785000.0 and diluted EPS was $nan.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PECO since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, PECO has a current ratio of $1.17, which is $1.17 over the trailing 12-months, while a dividend of $– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and PECO currently yields $3.50. In the past year, PECO’s dividend yield has been $3.50, but when looking at the stock over the past five years, its yield has been $–. Accordingly, PECO has a current buyback yield of $–. This was $– for the TTM, and it was $– for the past five years.