Phillips Edison & Company, Inc. Overview
Pro stress-test →Phillips Edison & Company, Inc. (PECO) is one of the nation's largest owners and operators of grocery-anchored shopping centers. PECO has generated strong results through its vertically integrated operating platform and national footprint of well-occupied shopping centers that feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States.
Strategic Profile
Pro stress-test →PECO's emphasis on necessity-based retail and grocery anchors provides a significant defensive moat, insulating it from the worst effects of economic downturns, with the company's track record through previous recessions supporting this claim. PECO's top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize.
Competitive Landscape
Pro stress-test →According to 7 analysts, the average rating for PECO stock is "Buy," with a 12-month stock price target of $38.71, representing a 2.68% increase from the latest price. PECO competes in the retail REIT space with other grocery-anchored shopping center operators, differentiating through its vertically-integrated platform and locally-focused management approach.
Industry Context
Phillips Edison & Company, Inc. operates in Real Estate Investment Trusts (REITs) - Retail/Grocery-Anchored Shopping Centers.
Key facts
Founded: 1991 · Headquarters: Cincinnati, US · Employees: ~300 · Revenue: $726.59M (2025)