Phillips Edison & Company, Inc. (NASDAQ:PECO) is one of the best high growth stocks to consider As of December 1, PECO’s average price target suggests an upside of nearly 11%; however, the high on the street suggests a 25% increase. Previously, on November 18, Richard Hightower of Barclays assigned a Hold recommendation to Phillips Edison, with a price target of $40.
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Separately, on October 23, Phillips Edison reported financial results for the third quarter of 2025. Net income attributable to shareholders was $24.7 million in the third quarter of 2025, up from $11.6 million in the year-ago quarter. Occupancy of the company’s leased portfolio in the September quarter stood at 97.6%, and portfolio retention was also robust at 93.9%.
As of September 30, 2025, PECO owned a portfolio of 303 properties with a combined floor area of approximately 34 million square feet in 31 states, compared to 290 properties spanning 32.9 million square feet in 31 states a year earlier. The company’s total liquidity at the end of September was $977 million.
The company declared its monthly dividend per share of $0.1083 on November 5th. The dividend will be paid on December 2nd to shareholders registered as of November 17th.
Phillips Edison & Company, Inc. (NASDAQ:PECO) is one of the leading owners and operators of grocery-anchored neighborhood shopping centers in the United States.
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