Brixmor Property Group (NYSE:BRX – Get Free Report) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share guidance of 2.330-2.370 for the period, compared to the consensus earnings per share estimate of 1.530. The company issued revenue guidance of -.
Analyst Ratings Changes
BRX has been the subject of several research analyst reports. UBS Group upped their target price on shares of Brixmor Property Group from $29.00 to $31.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Weiss Ratings restated a “buy (b-)” rating on shares of Brixmor Property Group in a research note on Monday, December 22nd. Wells Fargo & Company assumed coverage on Brixmor Property Group in a report on Tuesday, October 21st. They set an “equal weight” rating and a $28.00 price objective on the stock. Scotiabank cut their target price on Brixmor Property Group from $30.00 to $29.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, January 14th. Finally, JPMorgan Chase & Co. upped their target price on Brixmor Property Group from $29.00 to $30.00 and gave the company an “overweight” rating in a research report on Wednesday, October 29th. Nine investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.30.
Check Out Our Latest Stock Report on Brixmor Property Group
Brixmor Property Group Stock Performance
Institutional Investors Weigh In On Brixmor Property Group
Institutional investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC boosted its holdings in Brixmor Property Group by 43.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the real estate investment trust’s stock valued at $48,000 after acquiring an additional 557 shares during the last quarter. CIBC Private Wealth Group LLC raised its holdings in shares of Brixmor Property Group by 695.5% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 2,307 shares of the real estate investment trust’s stock worth $64,000 after purchasing an additional 2,017 shares during the period. Parallel Advisors LLC lifted its stake in shares of Brixmor Property Group by 17.4% in the 3rd quarter. Parallel Advisors LLC now owns 2,681 shares of the real estate investment trust’s stock valued at $74,000 after purchasing an additional 398 shares in the last quarter. Danske Bank A S purchased a new stake in shares of Brixmor Property Group during the 3rd quarter worth about $80,000. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of Brixmor Property Group by 523.9% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,500 shares of the real estate investment trust’s stock worth $97,000 after purchasing an additional 2,939 shares during the period. Hedge funds and other institutional investors own 98.43% of the company’s stock.
About Brixmor Property Group
Brixmor Property Group is a publicly traded real estate investment trust (REIT) focused on the ownership, management and development of open-air shopping centers across the United States. The company acquires and leases retail properties that feature everyday, necessity-based tenants such as grocery stores, discount retailers, and service providers. Brixmor’s core strategy centers on generating stable, long-term income streams through tenant relationships and targeted property enhancements.
The company’s main business activities include proactive leasing, property upkeep and capital improvement projects designed to maximize occupancy and tenant satisfaction.
See Also
- Five stocks we like better than Brixmor Property Group
- Your Bank Account Is No Longer Safe
- The day the gold market broke
- What a Former CIA Agent Knows About the Coming Collapse
- He just nailed another gold prediction …
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
Receive News & Ratings for Brixmor Property Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brixmor Property Group and related companies with MarketBeat.com's FREE daily email newsletter.
