Brixmor Property Group Inc. (NYSE:BRX) Receives $34.55 Average PT from Analysts

Brixmor Property Group Inc. (NYSE:BRX) has earned an average recommendation of “Moderate Buy” from the thirteen research firms that are currently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $34.80.

BRX has been the topic of a number of research analyst reports. Jefferies Financial Group raised shares of Brixmor Property Group to a “strong-buy” rating in a report on Friday, June 26th. UBS Group upped their target price on shares of Brixmor Property Group from $34.00 to $37.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Piper Sandler increased their target price on shares of Brixmor Property Group from $34.00 to $40.00 and gave the company an “overweight” rating in a report on Tuesday, July 21st. Stifel Nicolaus lifted their price target on shares of Brixmor Property Group from $31.00 to $34.00 and gave the company a “hold” rating in a research report on Tuesday, July 28th. Finally, Wells Fargo & Company raised Brixmor Property Group to a “hold” rating in a research note on Thursday, July 23rd.

Brixmor Property Group Trading Up 0.3%

NYSE:BRX opened at $28.06 on Friday. Brixmor Property Group has a 1 year low of $24.66 and a 1 year high of $32.86. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.82 and a current ratio of 0.82. The stock has a fifty day moving average price of $30.26 and a two-hundred day moving average price of $30.30. The stock has a market capitalization of $8.61 billion, a price-to-earnings ratio of 20.04, a PEG ratio of 2.13 and a beta of 0.97.

Brixmor Property Group (NYSE:BRX) last issued its earnings results on Monday, July 27th. The real estate investment trust reported $0.24 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.34). Brixmor Property Group had a return on equity of 14.38% and a net margin of 30.82%.The company had revenue of $354.20 million for the quarter, compared to analysts’ expectations of $354.39 million. During the same quarter in the previous year, the firm posted $0.56 earnings per share. Brixmor Property Group’s revenue for the quarter was up 4.3% on a year-over-year basis. Brixmor Property Group has set its FY 2026 guidance at 2.350-2.370 EPS. As a group, sell-side analysts anticipate that Brixmor Property Group will post 2.36 earnings per share for the current fiscal 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 paid a $0.3075 dividend. This represents a $1.23 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Friday, October 2nd. Brixmor Property Group’s dividend payout ratio (DPR) is presently 87.86%.

Institutional Trading of Brixmor Property Group

A number of institutional investors have recently bought and sold shares of BRX. Tidal Investments LLC acquired a new stake in Brixmor Property Group in the second quarter valued at $229,000. WINTON GROUP Ltd acquired a new position in shares of Brixmor Property Group during the 2nd quarter worth $454,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Brixmor Property Group in the 2nd quarter worth about $26,000. NewEdge Advisors LLC boosted its position in shares of Brixmor Property Group by 11.8% in the 2nd quarter. NewEdge Advisors LLC now owns 20,560 shares of the real estate investment trust’s stock worth $648,000 after buying an additional 2,162 shares in the last quarter. Finally, Nykredit A S purchased a new stake in shares of Brixmor Property Group in the 2nd quarter worth about $125,000. 98.43% of the stock is currently owned by hedge funds and other institutional investors.

Brixmor Property Group Company Profile

Brixmor Property Group Inc (NYSE: BRX) is a real estate investment trust that owns and operates open-air shopping centers across the United States. Its portfolio is primarily composed of grocery-anchored and necessity-based retail properties serving local communities and offering a mix of supermarkets, restaurants, service providers, and other consumer-oriented businesses.

The company’s activities include leasing retail space, managing shopping-center properties, and investing in redevelopment and property enhancements designed to support tenant performance and improve the customer experience.