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Phillips Edison & Company, Inc. ( we, the Company, PECO, our, or us ), a real estate investment trust ( REIT ) founded 35 years ago, is one of the nation s largest owners and operators of omni-channel grocery-anchored shopping centers. Additionally, we operate a third-party investment management business providing property management and advisory services to three unconsolidated instit…
$44.01
+$0.28 (+0.64%)
EOD Jul 17, 2026
Revenue grew 9.9%, steady but not accelerating.
At 48x earnings, the current multiple leaves limited room for execution misses or growth deceleration.
47.8x earnings. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$739M
▲ +9.9% YoY
Net Income (TTM)
$115M
▲ +77.6% YoY
Op. Margin
—
ROIC
—
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow (TTM)
$343M
▲ +4.0% YoY
Net Debt
$2.49B
Cash & Equiv.
$3M
5Y CAGR: +7.8%
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At a P/E of 47.8, Phillips Edison & Company (PECO)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Phillips Edison & Company scores 54/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 2.6%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Phillips Edison & Company scores 54 out of 100 on Intrinsiqq's quality score, a weighted blend of 5 metrics each scored 0 to 100, which makes it a mixed business on these measures. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Phillips Edison & Company pays a regular dividend of about $1.15 per share per year (typically in quarterly installments), a yield of roughly 2.6% at the current price. That is a payout ratio of about 139.1% of earnings, so the dividend is stretched at this level. Phillips Edison & Company has grown the dividend at roughly 10.2% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For PECO's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. you should weigh PECO's valuation and scores 54/100 on quality (mixed). It also yields about 2.6%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.