Brixmor Property Group Inc. (NYSE:BRX – Get Free Report) has received a consensus rating of “Moderate Buy” from the eleven research firms that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1 year price target among analysts that have covered the stock in the last year is $30.70.
A number of research analysts have recently commented on BRX shares. Piper Sandler increased their price objective on Brixmor Property Group from $31.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, February 17th. UBS Group boosted their price target on Brixmor Property Group from $29.00 to $31.00 and gave the company a “buy” rating in a research note on Thursday, January 8th. Scotiabank dropped their price objective on shares of Brixmor Property Group from $30.00 to $29.00 and set a “sector outperform” rating for the company in a report on Wednesday, January 14th. JPMorgan Chase & Co. lifted their price target on Brixmor Property Group from $30.00 to $33.00 and gave the company an “overweight” rating in a report on Friday, February 20th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Brixmor Property Group in a report on Monday, December 22nd.
View Our Latest Stock Report on BRX
Insider Activity at Brixmor Property Group
Hedge Funds Weigh In On Brixmor Property Group
Hedge funds and other institutional investors have recently made changes to their positions in the company. Clearstead Advisors LLC increased its position in shares of Brixmor Property Group by 96.9% in the 4th quarter. Clearstead Advisors LLC now owns 1,006 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 495 shares in the last quarter. Mather Group LLC. acquired a new stake in shares of Brixmor Property Group during the third quarter worth about $28,000. Loomis Sayles & Co. L P lifted its holdings in shares of Brixmor Property Group by 1,215.1% during the 4th quarter. Loomis Sayles & Co. L P now owns 1,223 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 1,130 shares in the last quarter. Quent Capital LLC acquired a new position in shares of Brixmor Property Group in the 3rd quarter valued at approximately $35,000. Finally, Atlantic Edge Private Wealth Management LLC acquired a new position in shares of Brixmor Property Group in the 4th quarter valued at approximately $42,000. 98.43% of the stock is owned by institutional investors.
Brixmor Property Group Stock Performance
Shares of BRX opened at $30.27 on Monday. The company’s 50 day moving average price is $27.30 and its 200 day moving average price is $27.01. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.11 and a current ratio of 1.11. Brixmor Property Group has a 52 week low of $22.28 and a 52 week high of $30.68. The company has a market capitalization of $9.28 billion, a PE ratio of 24.02, a PEG ratio of 2.72 and a beta of 1.10.
Brixmor Property Group (NYSE:BRX – Get Free Report) last announced its quarterly earnings data on Monday, February 9th. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.01. Brixmor Property Group had a return on equity of 13.00% and a net margin of 28.16%.The business had revenue of $353.75 million during the quarter, compared to analyst estimates of $347.42 million. During the same period last year, the company earned $0.53 earnings per share. Brixmor Property Group’s quarterly revenue was up 7.7% compared to the same quarter last year. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. Research analysts expect that Brixmor Property Group will post 2.22 EPS for the current fiscal year.
Brixmor Property Group Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Thursday, April 2nd will be paid a dividend of $0.3075 per share. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.23 dividend on an annualized basis and a dividend yield of 4.1%. Brixmor Property Group’s payout ratio is 97.62%.
Brixmor Property Group Company Profile
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.
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