Brixmor Property Group Inc. (NYSE:BRX) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Brixmor Property Group Inc. (NYSE:BRX) have been assigned an average recommendation of “Moderate Buy” from the fourteen brokerages that are covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $34.3333.

A number of analysts have recently issued reports on BRX shares. Citigroup increased their price target on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. KeyCorp boosted their price objective on shares of Brixmor Property Group from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. Wells Fargo & Company upgraded shares of Brixmor Property Group to a “hold” rating in a research note on Thursday, July 23rd. BMO Capital Markets increased their target price on shares of Brixmor Property Group from $35.00 to $37.00 and gave the stock an “outperform” rating in a research report on Monday, June 15th. Finally, UBS Group lifted their target price on shares of Brixmor Property Group from $34.00 to $37.00 and gave the company a “buy” rating in a research note on Thursday, July 9th.

Brixmor Property Group Stock Performance

Brixmor Property Group stock opened at $29.31 on Monday. Brixmor Property Group has a fifty-two week low of $24.66 and a fifty-two week high of $32.86. The firm’s 50 day simple moving average is $31.19 and its 200-day simple moving average is $30.29. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.82 and a quick ratio of 0.82. The company has a market cap of $8.99 billion, a P/E ratio of 20.94, a price-to-earnings-growth ratio of 2.23 and a beta of 0.98.

Brixmor Property Group (NYSE:BRX) last posted its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.34). The firm had revenue of $354.20 million for the quarter, compared to analysts’ expectations of $354.39 million. Brixmor Property Group had a return on equity of 14.38% and a net margin of 30.82%.The company’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.56 earnings per share. Brixmor Property Group has set its FY 2026 guidance at 2.350-2.370 EPS. As a group, equities research analysts predict that Brixmor Property Group will post 2.36 EPS for the current year.

Brixmor Property Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Friday, October 2nd will be issued a dividend of $0.3075 per share. This represents a $1.23 annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Friday, October 2nd. Brixmor Property Group’s dividend payout ratio (DPR) is currently 87.86%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Strs Ohio boosted its position in Brixmor Property Group by 6.6% during the fourth quarter. Strs Ohio now owns 1,480,492 shares of the real estate investment trust’s stock worth $38,818,000 after purchasing an additional 91,612 shares during the period. Hsbc Holdings PLC raised its position in shares of Brixmor Property Group by 77.3% in the fourth quarter. Hsbc Holdings PLC now owns 823,232 shares of the real estate investment trust’s stock valued at $21,575,000 after purchasing an additional 359,006 shares during the period. Y Intercept Hong Kong Ltd bought a new position in shares of Brixmor Property Group in the first quarter valued at approximately $1,443,000. Crossmark Global Holdings Inc. lifted its stake in shares of Brixmor Property Group by 199.3% in the fourth quarter. Crossmark Global Holdings Inc. now owns 70,651 shares of the real estate investment trust’s stock worth $1,852,000 after buying an additional 47,049 shares during the last quarter. Finally, Lecap Asset Management Ltd. acquired a new stake in shares of Brixmor Property Group in the fourth quarter worth $1,077,000. 98.43% of the stock is owned by institutional investors and hedge funds.

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.