Phillips Edison & Company, Inc. (PECO)

USD 33.53

(-2.33%)

Market Cap (In USD)

4.2 Billion

Revenue (In USD)

610.12 Million

Net Income (In USD)

56.84 Million

Avg. Volume

661.03 Thousand

Currency
USD
Country
Real Estate
Open
-
Prev. Close
-
Day Range
-
Year Range
30.62-40.12
PE
65.75
EPS
0.51
Beta Value
0.33
ISIN
US71844V2016
CUSIP
71844V201
CIK
1476204
Shares
125371925.0
Earnings Annoncement
-

Company Profile

Sector
Real Estate
Industry
REIT - Retail
CEO
Mr. Jeffrey S. Edison
Employee Count
-
Website
https://www.phillipsedison.com
Ipo Date
2021-02-25
Details
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.