Aankondiging • Aug 06
Phillips Edison & Company, Inc. Announces A Monthly Dividend Distribution on Common Stock, Payable on September 1, 2026 Phillips Edison & Company, Inc. announced that the Company’s Board of Directors declared a monthly dividend distribution of $0.1083 per share of the Company’s common stock payable on September 1, 2026 to stockholders of record as of August 17, 2026. Operating partnership unit holders receive distributions at the same rate as common stockholders, subject to the required tax withholding. Aankondiging • Aug 04
Phillips Edison & Company Launches New Ai-Integrated Website with Enhanced Search Capability Phillips Edison & Company, Inc. announced the recent deployment of its new corporate website featuring AI capabilities designed to enhance the property search experience for brokers and retailers. The redesigned corporate website, www.phillipsedison.com, which had its public soft launch in early July, is believed to be the first in the Shopping Center REIT sector to fully integrate AI-powered property search functionality through an AI-dedicated search bar and a robust 'AI Mode' experience. Built around a more intuitive property search experience that taps into the changing nature of how people are requesting and accessing information, the AI-integrated corporate website allows brokers and retailers to find properties by using prompts in natural language, just like they would with ChatGPT or Google Gemini. From there, users are directed to an interactive list of properties where they can make selections, favorite preferred locations, request more information or add additional AI prompts. The corporate website launch is part of PECO’s commitment to strategically be at the forefront of technology. Reported Earnings • Jul 24
Second quarter 2026 earnings released: FFO per share: US$0.7 (vs US$0.69 in 2Q 2025) Second quarter 2026 results: FFO per share: US$0.7 (up from US$0.69 in 2Q 2025). Revenue: US$189.6m (up 6.7% from 2Q 2025). Funds from operations (FFO): US$93.7m (up 9.0% from 2Q 2025). FFO margin: 49% (up from 48% in 2Q 2025). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 1.7% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 24
Phillips Edison & Company, Inc. Updates Earnings Guidance for the Fiscal Year Ending December 31, 2026 Phillips Edison & Company, Inc. updated earnings guidance for the fiscal year ending December 31, 2026. For the year, the company now expects net income per share - diluted of $0.95 to $0.97 per share against previous guidance of net income per share - diluted of $0.79 to $0.81 per share. Buy Or Sell Opportunity • Jul 16
Now 20% undervalued Over the last 90 days, the stock has risen 12% to €36.40. The fair value is estimated to be €45.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 0.8% in the next 2 years. Declared Dividend • Jul 02
Dividend of US$0.11 announced Shareholders will receive a dividend of US$0.11. Ex-date: 15th July 2026 Payment date: 4th August 2026 Dividend yield will be 3.1%, which is lower than the industry average of 5.6%. Aankondiging • Jun 24
Phillips Edison & Company, Inc. to Report Q2, 2026 Results on Jul 23, 2026 Phillips Edison & Company, Inc. announced that they will report Q2, 2026 results After-Market on Jul 23, 2026 Buy Or Sell Opportunity • Jun 16
Now 22% undervalued Over the last 90 days, the stock has risen 9.9% to €35.40. The fair value is estimated to be €45.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 0.8% in the next 2 years. Declared Dividend • Jun 03
Dividend of US$0.11 announced Shareholders will receive a dividend of US$0.11. Ex-date: 15th June 2026 Payment date: 1st July 2026 Dividend yield will be 3.3%, which is lower than the industry average of 5.6%. Aankondiging • May 14
Phillips Edison & Company, Inc. Declares Monthly Dividends, Payable on July 1, 2026 and August 4, 2026 Phillips Edison & Company, Inc. announced that its Board of Directors declared monthly dividend distributions of $0.1083 per share of the Company’s common stock payable on July 1, 2026 and August 4, 2026 to stockholders of record as of June 15, 2026 and July 15, 2026, respectively. Aankondiging • Apr 24
Phillips Edison & Company, Inc. Updates Earnings Guidance for the Fiscal Year Ending December 31, 2026 Phillips Edison & Company, Inc. updated earnings guidance for the fiscal year ending December 31, 2026. For the year, the company now expects net income per share of $0.79 per share to $0.81 per share against previous guidance of net income per share of $0.74 per share to $0.77 per share . Aankondiging • Mar 25
Phillips Edison & Company, Inc. to Report Q1, 2026 Results on Apr 23, 2026 Phillips Edison & Company, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 23, 2026 Aankondiging • Mar 24
Phillips Edison & Company, Inc., Annual General Meeting, May 12, 2026 Phillips Edison & Company, Inc., Annual General Meeting, May 12, 2026. Aankondiging • Feb 13
Phillips Edison & Company, Inc. Declares Monthly Dividends, Payable on April 1, 2026; May 1, 2026; and June 2, 2026 Phillips Edison & Company, Inc. announced that the Company’s Board of Directors declared monthly dividend distributions of $0.1083 per share of the Company’s common stock payable on April 1, 2026; May 1, 2026; and June 2, 2026 to stockholders of record as of March 16, 2026; April 15, 2026; and May 15, 2026, respectively. Aankondiging • Feb 07
Phillips Edison & Company, Inc. (NasdaqGS:PECO) acquired The Village at Indian Wells from MIG Real Estate LLC. Phillips Edison & Company, Inc. (NasdaqGS:PECO) acquired The Village at Indian Wells from MIG Real Estate LLC subsequent to the fourth quarter of 2025. The Village at Indian Wells, Creekside Park Village Green and a land were together valued at $77 million.
Phillips Edison & Company, Inc. (NasdaqGS:PECO) completed the acquisition of The Village at Indian Wells from MIG Real Estate LLC subsequent to the fourth quarter of 2025. Aankondiging • Feb 06
Phillips Edison & Company, Inc. Provides Earnings Guidance for the Fiscal Year Ending December 31, 2026 Phillips Edison & Company, Inc. provided earnings guidance for the fiscal year ending December 31, 2026. For the year, the company expects net income per share of $0.74 to $0.77. Same-Center NOI growth of 3.8%. Strong 2026 guidance is consistent with long-term targets for Same-Center NOI growth in a range of 3% to 4%. Aankondiging • Jan 29
Phillips Edison & Company, Inc. (NasdaqGS:PECO) acquired Creekside Park Village Green from Kobalt Investment Company. Phillips Edison & Company, Inc. (NasdaqGS:PECO) acquired Creekside Park Village Green from Kobalt Investment Company on January 28, 2026. Senior Director John Indelli, Senior Managing Directors Adam Howells and Ryan West and Analyst Dawson Hastings of JLL Capital Markets facilitates the sale and loan for Creekside Park Village Green in Texas
Phillips Edison & Company, Inc. (NasdaqGS:PECO) completed the acquisition of Creekside Park Village Green from Kobalt Investment Company on January 28, 2026. Aankondiging • Jan 07
Phillips Edison & Company, Inc. to Report Q4, 2025 Results on Feb 05, 2026 Phillips Edison & Company, Inc. announced that they will report Q4, 2025 results After-Market on Feb 05, 2026 Aankondiging • Nov 06
Phillips Edison & Company, Inc. Declares Monthly Dividends, Payable on December 2, 2025; January 6, 2026; February 3, 2026; and March 3, 2026 Phillips Edison & Company, Inc. announced that the company’s Board of Directors declared monthly dividend distributions of $0.1083 per share of the Company’s common stock payable on December 2, 2025; January 6, 2026; February 3, 2026; and March 3, 2026 to stockholders of record as of November 17, 2025; December 15, 2025; January 15, 2026; and February 17, 2026, respectively. Aankondiging • Nov 05
Cohen & Steers Income Opportunities REIT, Inc. and Phillips Edison & Company, Inc. (NasdaqGS:PECO) acquired Rio Hill Shopping Center. Cohen & Steers Income Opportunities REIT, Inc. and Phillips Edison & Company, Inc. (NasdaqGS:PECO) acquired Rio Hill Shopping Center on November 4, 2025.
Cohen & Steers Income Opportunities REIT, Inc. and Phillips Edison & Company, Inc. (NasdaqGS:PECO) completed the acquisition of Rio Hill Shopping Center on November 4, 2025. Aankondiging • Oct 24
Phillips Edison & Company, Inc. Increases Earnings Guidance for the Year Ending December 31, 2025 Phillips Edison & Company, Inc. increased earnings guidance for the year ending December 31, 2025. For the year, the company expects net income per share of $0.62 - $0.65 against previous guidance of $0.61 - $0.64. Aankondiging • Sep 29
Phillips Edison & Company, Inc. to Report Q3, 2025 Results on Oct 23, 2025 Phillips Edison & Company, Inc. announced that they will report Q3, 2025 results After-Market on Oct 23, 2025 Aankondiging • Aug 06
Phillips Edison & Company, Inc. Declares Monthly Dividend Distribution, Payable on September 3, 2025 Phillips Edison & Company, Inc. announced that its Board of Directors declared a monthly dividend distribution of $0.1025 per share of the Company’s common stock payable on September 3, 2025 to stockholders of record as of August 15, 2025. Aankondiging • Jul 25
Phillips Edison & Company, Inc. Revises Earnings Guidance for 2025 Phillips Edison & Company, Inc. revised earnings guidance for 2025. For the year the company now the expects the Net income per share of $0.61 to $0.64 as compared to Previous Guidance of
$0.58 to $0.63. Aankondiging • Jul 02
Phillips Edison & Company, Inc. to Report Q2, 2025 Results on Jul 24, 2025 Phillips Edison & Company, Inc. announced that they will report Q2, 2025 results After-Market on Jul 24, 2025 Aankondiging • Apr 26
Phillips Edison & Company, Inc. Revises Earnings Guidance for the Year Ending December 31, 2025 Phillips Edison & Company, Inc. revised earnings guidance for the year ending December 31, 2025. For the year, the company expects net income per share of $0.58 to $0.63 compared to previous guidance of $0.54 to $0.59. Aankondiging • Mar 25
Phillips Edison & Company, Inc. to Report Q1, 2025 Results on Apr 24, 2025 Phillips Edison & Company, Inc. announced that they will report Q1, 2025 results After-Market on Apr 24, 2025 Aankondiging • Mar 20
Phillips Edison & Company, Inc., Annual General Meeting, May 01, 2025 Phillips Edison & Company, Inc., Annual General Meeting, May 01, 2025. Aankondiging • Feb 13
Phillips Edison & Company Declares Monthly Dividend Distributions, Payable on April 1, 2025 and May 1, 2025 Respectively Phillips Edison & Company, Inc. announced that its Board of Directors declared monthly dividend distributions of $0.1025 per share of the Company’s common stock payable on April 1, 2025 and May 1, 2025 to stockholders of record as of March 17, 2025 and April 15, 2025, respectively. Aankondiging • Feb 07
Phillips Edison & Company, Inc. Provides Earnings Guidance for the Year Ending December 31, 2025 Phillips Edison & Company, Inc. provided earnings guidance for the year ending December 31, 2025. For the year, the company expects net income per share of $0.54 to $0.59. Aankondiging • Jan 09
Phillips Edison & Company, Inc. to Report Q4, 2024 Results on Feb 06, 2025 Phillips Edison & Company, Inc. announced that they will report Q4, 2024 results After-Market on Feb 06, 2025 Declared Dividend • Nov 04
Dividend of US$0.10 announced Shareholders will receive a dividend of US$0.10. Ex-date: 15th November 2024 Payment date: 3rd December 2024 Dividend yield will be 3.2%, which is lower than the industry average of 5.6%. Aankondiging • Oct 31
Phillips Edison & Company, Inc. Declares Monthly Dividend Distribution, Payable on December 3, 2024; January 3, 2025; February 4, 2025; and March 4, 2025 Respectively Phillips Edison & Company, Inc. announced that its Board of Directors declared a monthly dividend distribution of $0.1025 per share of the Company’s common stock payable on December 3, 2024; January 3, 2025; February 4, 2025; and March 4, 2025 to stockholders of record as of November 15, 2024; December 16, 2024; January 15, 2025; and February 18, 2025. Operating partnership unit holders receive distributions at the same rate as common stockholders, subject to the required tax withholding. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: US$0.09 (vs US$0.10 in 3Q 2023) Third quarter 2024 results: EPS: US$0.09 (down from US$0.10 in 3Q 2023). Revenue: US$165.5m (up 8.6% from 3Q 2023). Net income: US$11.6m (down 5.3% from 3Q 2023). Profit margin: 7.0% (down from 8.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 3.1% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. New Risk • Oct 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Buy Or Sell Opportunity • Oct 08
Now 20% undervalued Over the last 90 days, the stock has risen 12% to €33.00. The fair value is estimated to be €41.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has grown by 46%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 49% in the next 2 years. Upcoming Dividend • Oct 08
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 15 October 2024. Payment date: 01 November 2024. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.2%). Aankondiging • Sep 26
Phillips Edison & Company, Inc. to Report Q3, 2024 Results on Oct 24, 2024 Phillips Edison & Company, Inc. announced that they will report Q3, 2024 results After-Market on Oct 24, 2024 Declared Dividend • Sep 17
Dividend of US$0.10 announced Shareholders will receive a dividend of US$0.10. Ex-date: 15th October 2024 Payment date: 1st November 2024 Dividend yield will be 3.1%, which is lower than the industry average of 5.6%. New Risk • Sep 16
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Declared Dividend • Sep 09
Dividend of US$0.10 announced Shareholders will receive a dividend of US$0.10. Ex-date: 16th September 2024 Payment date: 1st October 2024 Dividend yield will be 3.3%, which is lower than the industry average of 5.6%. Aankondiging • Sep 04
Phillips Edison & Company Increases Monthly Dividend Distribution, Payable October 1, 2024 and November 1, 2024 Phillips Edison & Company, Inc. announced that its Board of Directors approved a 5.1% increase to the monthly dividend distributions payable October 1, 2024 and November 1, 2024 to common stockholders of record as of September 16, 2024 and October 15, 2024, respectively. The board approved the distribution at a rate of $0.1025 per share of the company’s common stock. When annualized, this is equal to a rate of $1.23 per share, representing an increase of 5.1% over the previous annualized rate of $1.17 per share. New Risk • Aug 26
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Declared Dividend • Aug 05
Dividend of US$0.098 announced Shareholders will receive a dividend of US$0.098. Ex-date: 15th August 2024 Payment date: 4th September 2024 Dividend yield will be 3.4%, which is lower than the industry average of 5.6%. Aankondiging • Aug 01
Phillips Edison & Company, Inc. Declares Monthly Dividend Distribution, Payable on September 4, 2024 Phillips Edison & Company, Inc. announced that its Board of Directors declared a monthly dividend distribution of $0.0975 per share of the Company’s common stock payable on September 4, 2024 to stockholders of record as of August 15, 2024. Reported Earnings • Jul 26
Second quarter 2024 earnings released: EPS: US$0.12 (vs US$0.12 in 2Q 2023) Second quarter 2024 results: EPS: US$0.12. Revenue: US$161.5m (up 6.2% from 2Q 2023). Net income: US$15.3m (up 5.7% from 2Q 2023). Profit margin: 9.5% (in line with 2Q 2023). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 2.4% decline forecast for the Retail REITs industry in Europe. Aankondiging • Jul 26
Phillips Edison & Company, Inc. Updates Earnings Guidance for the Full Year 2024 Phillips Edison & Company, Inc. updated earnings guidance for the full year 2024. For the year, the company expects Net income per share in the range of $0.49 - $0.54 against previous guidance of $0.51 - $0.55 per share. New Risk • Jul 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.5% increase in shares outstanding). New Risk • Jul 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Upcoming Dividend • Jul 08
Upcoming dividend of US$0.098 per share Eligible shareholders must have bought the stock before 15 July 2024. Payment date: 01 August 2024. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.3%). Aankondiging • Jul 02
Phillips Edison & Company, Inc. Announces the Appointment of Devin Murphy to Board of Directors Phillips Edison & Company, Inc. announced that on June 25, 2024, its Board of Directors increased the size of the Board from nine to 10 members and appointed Devin Murphy to the Board, effective July 2, 2024. Mr. Murphy served as President of PECO from August 2019 until December 31, 2023. Prior to that, he served as PECO’s Chief Financial Officer from June 2013, when he joined the Company, to August 2019. Before joining PECO in 2013, Mr. Murphy worked for 27 years as an investment banker and held senior leadership roles at Morgan Stanley and Deutsche Bank. He served as the Global Head of Real Estate Investment Banking at Deutsche Bank. His Deutsche Bank team executed over 500 transactions of all types for clients representing total transaction volume exceeding $400 billion and included initial public offerings, mergers and acquisitions, common stock offerings, secured and unsecured debt offerings and private placements of both debt and equity. Mr. Murphy began his banking career at Morgan Stanley in 1986 and held a number of senior positions including Vice Chairman, Co-Head of US Real Estate Investment Banking and Head of Real Estate Private Capital Markets. He also served on the Investment Committee of the Morgan Stanley Real Estate Funds, a series of global real estate funds with over $35 billion in assets under management. During his 20 years with Morgan Stanley, Mr. Murphy and his teams executed numerous capital markets and merger and acquisition transactions including a number of industry-defining transactions. Mr. Murphy currently serves as chairperson of Apartment Income REIT Corp. (AIRC), a NYSE-listed apartment REIT, and serves on the Audit, Compensation and Human Resources and Governance and Corporate Responsibility Committees of AIRC. He is also an independent director of CoreCivic (CXW), a NYSE-listed corporation that provides diversified government solutions in corrections and detention management. He serves on the Audit Committee, Risk Committee and chairs the Nominating and Governance Committee at CXW. Mr. Murphy served as a Director of the NYSE-listed real estate services firm Grubb and Ellis prior to its sale to BGC Partners and of the S&P 500 company Apartment Investment and Management (AIV) prior to its spin-off transaction. Mr. Murphy earned a BA in English and history with honors from the College of William & Mary and an MBA from the University of Michigan. In determining that he should serve as a director, the Board considered Mr. Murphy’s public company expertise, corporate and operational finance expertise, strategic planning expertise, business development expertise, integrity, judgment and leadership skills. As Mr. Murphy will retire from the Company effective July 1, 2024, Mr. Murphy will not be “independent” as defined under applicable rules of Nasdaq and the SEC at the time of his appointment. Mr. Murphy will receive the same compensation and other benefits for his service as a director as the other non-management directors on the Board. Aankondiging • Jun 18
Phillips Edison & Company, Inc. to Report Q2, 2024 Results on Jul 25, 2024 Phillips Edison & Company, Inc. announced that they will report Q2, 2024 results After-Market on Jul 25, 2024 Declared Dividend • Jun 18
Dividend of US$0.098 announced Shareholders will receive a dividend of US$0.098. Ex-date: 15th July 2024 Payment date: 1st August 2024 Dividend yield will be 3.6%, which is lower than the industry average of 5.6%. New Risk • Jun 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Upcoming Dividend • Jun 10
Upcoming dividend of US$0.098 per share Eligible shareholders must have bought the stock before 17 June 2024. Payment date: 02 July 2024. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.2%). Buy Or Sell Opportunity • May 30
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to €28.40. The fair value is estimated to be €35.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 64% in the next 2 years. Declared Dividend • May 15
Dividend of US$0.098 announced Shareholders will receive a dividend of US$0.098. Ex-date: 17th June 2024 Payment date: 2nd July 2024 Dividend yield will be 3.6%, which is lower than the industry average of 5.6%. Declared Dividend • May 06
Dividend of US$0.098 announced Shareholders will receive a dividend of US$0.098. Ex-date: 14th May 2024 Payment date: 4th June 2024 Dividend yield will be 3.5%, which is lower than the industry average of 5.6%. Aankondiging • May 01
Phillips Edison & Company, Inc. Declares Monthly Dividend Distributions, Payable on June 4, 2024; July 2, 2024; and August 1, 2024 Phillips Edison & Company, Inc. announced that its Board of Directors declared monthly dividend distributions of $0.0975 per share of the Company’s common stock payable on June 4, 2024; July 2, 2024; and August 1, 2024 to stockholders of record as of May 15, 2024; June 17, 2024; and July 15, 2024, respectively. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: US$0.14 (vs US$0.14 in 1Q 2023) First quarter 2024 results: EPS: US$0.14. Revenue: US$161.3m (up 6.8% from 1Q 2023). Net income: US$17.7m (up 6.3% from 1Q 2023). Profit margin: 11% (in line with 1Q 2023). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 3.1% decline forecast for the Retail REITs industry in Europe. Upcoming Dividend • Apr 05
Upcoming dividend of US$0.098 per share Eligible shareholders must have bought the stock before 12 April 2024. Payment date: 01 May 2024. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.5%). Aankondiging • Mar 28
Phillips Edison & Company, Inc. to Report Q1, 2024 Results on Apr 25, 2024 Phillips Edison & Company, Inc. announced that they will report Q1, 2024 results After-Market on Apr 25, 2024 Declared Dividend • Mar 15
Dividend of US$0.098 announced Shareholders will receive a dividend of US$0.098. Ex-date: 12th April 2024 Payment date: 1st May 2024 Dividend yield will be 3.3%, which is lower than the industry average of 5.6%. New Risk • Mar 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.7% increase in shares outstanding). Upcoming Dividend • Mar 07
Upcoming dividend of US$0.098 per share Eligible shareholders must have bought the stock before 14 March 2024. Payment date: 01 April 2024. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.3%). Declared Dividend • Feb 26
Dividend of US$0.098 announced Shareholders will receive a dividend of US$0.098. Ex-date: 14th March 2024 Payment date: 1st April 2024 Dividend yield will be 3.4%, which is lower than the industry average of 5.6%. Aankondiging • Feb 22
Phillips Edison & Company, Inc. Declares Monthly Dividend Distributions, Payable on April 1, 2024 and May 1, 2024 Respectively Phillips Edison & Company, Inc. announced that its Board of Directors declared monthly dividend distributions of $0.0975 per share of the Company’s common stock payable on April 1, 2024 and May 1, 2024 to stockholders of record as of March 15, 2024 and April 15, 2024, respectively. Operating partnership unit holders receive distributions at the same rate as common stockholders, subject to the required tax withholding. Aankondiging • Feb 13
Phillips Edison & Company, Inc. has filed a Follow-on Equity Offering in the amount of $250 million. Phillips Edison & Company, Inc. has filed a Follow-on Equity Offering in the amount of $250 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering New Risk • Feb 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Reported Earnings • Feb 09
Full year 2023 earnings released: EPS: US$0.48 (vs US$0.42 in FY 2022) Full year 2023 results: EPS: US$0.48 (up from US$0.42 in FY 2022). Revenue: US$610.1m (up 6.0% from FY 2022). Net income: US$56.8m (up 18% from FY 2022). Profit margin: 9.3% (up from 8.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 2.2% decline forecast for the Retail REITs industry in Europe. Aankondiging • Feb 09
Phillips Edison & Company, Inc. Revises Earnings Guidance for the Full Year 2024 Phillips Edison & Company, Inc. revised earnings guidance for the full year 2024. For the period, the company expected net income per share to be in the range of $0.53 to $0.58 compared to previous guidance of $0.50 to $0.55. Upcoming Dividend • Feb 07
Upcoming dividend of US$0.098 per share at 3.3% yield Eligible shareholders must have bought the stock before 14 February 2024. Payment date: 01 March 2024. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (6.2%). Aankondiging • Jan 09
Phillips Edison & Company, Inc. to Report Q4, 2023 Results on Feb 08, 2024 Phillips Edison & Company, Inc. announced that they will report Q4, 2023 results After-Market on Feb 08, 2024 Upcoming Dividend • Jan 05
Upcoming dividend of US$0.098 per share at 3.3% yield Eligible shareholders must have bought the stock before 12 January 2024. Payment date: 01 February 2024. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (6.1%). Upcoming Dividend • Dec 07
Upcoming dividend of US$0.098 per share at 3.3% yield Eligible shareholders must have bought the stock before 14 December 2023. Payment date: 02 January 2024. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (6.3%). Aankondiging • Nov 08
Phillips Edison & Company Declares Monthly Dividend Distributions, Payable on December 1, 2023; January 2, 2024; February 1, 2024; and March 1, 2024 Respectively Phillips Edison & Company, Inc. announced that its Board of Directors declared monthly dividend distributions of $0.0975 per share of the Company's common stock payable onDecember 1, 2023; January 2, 2024; February 1, 2024; and March 1, 2024 to stockholders of record as of November 17, 2023; December 15, 2023; January 16, 2024; and February 15, 2024, respectively. New Risk • Nov 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (14% increase in shares outstanding). Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: US$0.10 (vs US$0.095 in 3Q 2022) Third quarter 2023 results: EPS: US$0.10 (up from US$0.095 in 3Q 2022). Revenue: US$152.5m (up 4.7% from 3Q 2022). Net income: US$12.2m (up 11% from 3Q 2022). Profit margin: 8.0% (up from 7.6% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 2.7% decline forecast for the Retail REITs industry in Europe. Upcoming Dividend • Oct 06
Upcoming dividend of US$0.098 per share at 3.5% yield Eligible shareholders must have bought the stock before 13 October 2023. Payment date: 01 November 2023. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (6.6%). Aankondiging • Sep 27
Phillips Edison & Company, Inc. to Report Q3, 2023 Results on Oct 31, 2023 Phillips Edison & Company, Inc. announced that they will report Q3, 2023 results After-Market on Oct 31, 2023 Aankondiging • Sep 26
Phillips Edison & Company, Inc. Appoints Anthony “Tony” Terry as an Independent Director, Effective October 30, 2023 Phillips Edison & Company, Inc. announced that its Board of Directors has appointed Anthony “Tony” Terry to serve as an independent director, effective October 30, 2023. Mr. Terry currently serves as executive vice president and chief financial officer for Marriott Vacations Worldwide Corporation. As CFO at VAC, Mr. Terry leads the global finance and accounting organization while partnering with VAC’s business executives to provide financial support and a strategic perspective to drive financial results. He also oversees the development and feasibility functions for VAC. Mr. Terry works with the strategic council to develop financial and operational business strategies that maximize profitability and growth for VAC. Mr. Terry has more than 26 years with VAC and extensive experience in strategic planning, organizational optimization and financial analysis. He has held numerous roles of increasing responsibility, including leadership roles in accounting, finance, new product development, brand management, product supply management, strategic planning, M&A, investor relations and capital markets. Prior to VAC, Mr. Terry worked as a senior auditor at The Walt Disney Company and an audit senior at Arthur Andersen LLP. As previously announced by VAC, Mr. Terry will retire from VAC at the end of this month as he pursues board opportunities and plans to spend more time with his family.Mr. Terry holds a Bachelor of Science degree in Accounting from Florida State University. He has attended the Wharton Business School Executive Development Program, Marriott International Lodging Leadership and Executive Education Program, and the Dr. Michael Hammer Reengineering Certification Program. He has previously served on the Board of Directors for INROADS of Central Florida, the Jason Beaird Memorial Foundation and the City of Orlando Audit Board, serving his last year there as Chairman. Mr. Terry is currently on the Board of directors of the American Resort Development Association and is a member of the Advisory Committee for the Department of Finance at the University of Central Florida. In determining that he should serve as a director, the Board considered Mr. Terry’s public company expertise, corporate and operational finance expertise, strategic planning expertise, business development expertise, integrity, judgment and leadership skills. Aankondiging • Sep 06
Phillips Edison & Company, Inc. Announces Monthly Dividend Distributions, Payable on October 2, 2023 and November 1, 2023 Phillips Edison & Company, Inc. announced that its Board of Directors approved a 4.5% increase to the monthly dividend distributions payable October 2, 2023 and November 1, 2023 to common stockholders of record as of September 15, 2023 and October 16, 2023, respectively. The Board approved the distribution at a rate of $0.0975 per share of the Company’s common stock. When annualized, this is equal to a rate of $1.17 per share, representing an increase of 4.5% over the previous annualized rate of $1.12 per share. Operating partnership unit holders receive distributions at the same rate as common stockholders, subject to the required tax withholding. Aankondiging • Aug 31
Phillips Edison & Company, Inc. (NasdaqGS:PECO) acquired Lake Pointe Market from Main Street Investment Company. Phillips Edison & Company, Inc. (NasdaqGS:PECO) acquired Lake Pointe Market from Main Street Investment Company on August 29, 2023. Adam Howells and Chris Gerard of JLL Retail Capital Markets represented Main Street Investment Company, and procured the buyer.
Phillips Edison & Company, Inc. (NasdaqGS:PECO) completed the acquisition of Lake Pointe Market from Main Street Investment Company on August 29, 2023. Aankondiging • Aug 09
Phillips Edison & Company, Inc. Declares Monthly Dividend Distribution, Payable on September 1, 2023 Phillips Edison & Company, Inc. announced that its Board of Directors declared a monthly dividend distribution of $0.0933 per share payable on September 1, 2023to stockholders of record as of August 18, 2023.