Brixmor Property Group (NYSE:BRX – Get Free Report) issued an update on its FY 2026 earnings guidance on Monday. The company provided earnings per share guidance of 2.350-2.370 for the period, compared to the consensus earnings per share estimate of 2.360. The company issued revenue guidance of -.
Brixmor Property Group Trading Down 1.3%
BRX opened at $31.94 on Wednesday. The company has a market cap of $9.80 billion, a P/E ratio of 22.82, a PEG ratio of 2.71 and a beta of 0.98. Brixmor Property Group has a 1-year low of $24.66 and a 1-year high of $32.86. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.81. The company’s 50 day moving average is $31.43 and its 200-day moving average is $29.80.
Brixmor Property Group (NYSE:BRX – Get Free Report) last posted its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.34). The company had revenue of $354.20 million during the quarter, compared to analyst estimates of $354.39 million. Brixmor Property Group had a return on equity of 14.40% and a net margin of 30.82%.Brixmor Property Group’s revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.56 earnings per share. Brixmor Property Group has set its FY 2026 guidance at 2.350-2.370 EPS. Equities research analysts predict that Brixmor Property Group will post 2.36 earnings per share for the current fiscal year.
Brixmor Property Group Announces Dividend
Analyst Ratings Changes
Several research analysts have recently commented on the company. Truist Financial boosted their price objective on Brixmor Property Group from $32.00 to $33.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. BMO Capital Markets raised their target price on Brixmor Property Group from $35.00 to $37.00 and gave the stock an “outperform” rating in a report on Monday, June 15th. Jefferies Financial Group upgraded shares of Brixmor Property Group to a “strong-buy” rating in a research report on Friday, June 26th. Wells Fargo & Company raised shares of Brixmor Property Group to a “hold” rating in a research note on Thursday, July 23rd. Finally, Piper Sandler upped their target price on Brixmor Property Group from $34.00 to $40.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $34.00.
Institutional Trading of Brixmor Property Group
Hedge funds have recently made changes to their positions in the stock. NewEdge Advisors LLC raised its position in shares of Brixmor Property Group by 4.6% during the 4th quarter. NewEdge Advisors LLC now owns 8,657 shares of the real estate investment trust’s stock worth $227,000 after buying an additional 384 shares in the last quarter. M&G PLC grew its holdings in shares of Brixmor Property Group by 10.4% in the 4th quarter. M&G PLC now owns 8,696 shares of the real estate investment trust’s stock worth $226,000 after acquiring an additional 821 shares during the last quarter. Private Advisor Group LLC acquired a new stake in shares of Brixmor Property Group during the third quarter worth $218,000. Los Angeles Capital Management LLC acquired a new position in shares of Brixmor Property Group in the 4th quarter valued at $129,000. Finally, Harvest Fund Management Co. Ltd purchased a new stake in Brixmor Property Group during the third quarter valued at about $120,000. Institutional investors own 98.43% of the company’s stock.
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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