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Phillips Edison & Company (NASDAQ:PECO) is certainly one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. PECO’s centers feature a combination of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the U.S.
It should report its Q1 2025 earnings on April 24. Wall Street analysts expect the corporate to post EPS of $0.10, down from $0.14 within the year-ago period. In keeping with data from Benzinga Pro, quarterly revenue is predicted to be $171.57 million, up from $161.30 million a yr earlier.
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The 52-week range of Phillips Edison stock price was $30.64 to $40.12.
Phillips Edison’s dividend yield is 3.50%. It paid $1.23 per share in dividends in the course of the last 12 months.
On Feb. 6, the corporate announced its Q4 2024 earnings, posting GAAP EPS of $0.62, in keeping with expectations, and revenues of $152.87 million, below the consensus estimate of $168.06 million, as reported by Benzinga.
“Looking ahead, the PECO team is concentrated on delivering accelerated Core FFO per share growth in 2025. We’re excited for the expansion opportunities ahead, which might be driven by strong internal growth and our expanded acquisition plan,” said CEO Jeff Edison.
Take a look at this article by Benzinga for 4 analysts’ insights on Phillips Edison.
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If you would like to make $100 per thirty days — $1,200 annually — from Phillips Edison dividends, your investment value must be roughly $34,286, which is around 976 shares at $35.13 each.
Understanding the dividend yield calculations: When making an estimate, you wish two key variables — the specified annual income ($1,200) and the dividend yield 3.50% on this case). So, $1,200 / 0.0350 = $34,286 to generate an income of $100 per thirty days.
You may calculate the dividend yield by dividing the annual dividend payments by the present price of the stock.