Brixmor Property Group Inc. (NYSE:BRX) Receives $31.55 Consensus PT from Analysts

Brixmor Property Group Inc. (NYSE:BRX) has earned a consensus rating of “Moderate Buy” from the twelve brokerages that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $31.5455.

Several equities research analysts have recently weighed in on BRX shares. Scotiabank increased their price objective on shares of Brixmor Property Group from $29.00 to $33.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, March 24th. Wells Fargo & Company increased their price objective on shares of Brixmor Property Group from $28.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 19th. Truist Financial raised their price target on shares of Brixmor Property Group from $29.00 to $32.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Piper Sandler raised their price target on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, February 17th. Finally, JPMorgan Chase & Co. raised their price target on shares of Brixmor Property Group from $30.00 to $33.00 and gave the stock an “overweight” rating in a report on Friday, February 20th.

Insider Buying and Selling

In other Brixmor Property Group news, Director Julie Bowerman sold 8,000 shares of the firm’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $29.03, for a total value of $232,240.00. Following the completion of the sale, the director directly owned 18,400 shares in the company, valued at approximately $534,152. This trade represents a 30.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.91% of the company’s stock.

Institutional Investors Weigh In On Brixmor Property Group

A number of large investors have recently bought and sold shares of the stock. Mather Group LLC. bought a new position in shares of Brixmor Property Group in the third quarter valued at $28,000. Clearstead Advisors LLC lifted its stake in shares of Brixmor Property Group by 96.9% in the fourth 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. Loomis Sayles & Co. L P lifted its stake in shares of Brixmor Property Group by 1,215.1% in the fourth quarter. Loomis Sayles & Co. L P now owns 1,223 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 1,130 shares in the last quarter. Quent Capital LLC bought a new position in shares of Brixmor Property Group in the third quarter valued at $35,000. Finally, SHP Wealth Management bought a new position in shares of Brixmor Property Group in the fourth quarter valued at $34,000. 98.43% of the stock is currently owned by institutional investors and hedge funds.

Brixmor Property Group Trading Up 0.5%

BRX opened at $30.27 on Tuesday. Brixmor Property Group has a twelve month low of $24.36 and a twelve month high of $30.70. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.83. The company has a fifty day moving average of $29.45 and a 200-day moving average of $27.47. The stock has a market cap of $9.29 billion, a PE ratio of 24.03, a price-to-earnings-growth ratio of 2.71 and a beta of 1.06.

Brixmor Property Group (NYSE:BRX) last posted its quarterly earnings data on Monday, February 9th. The real estate investment trust reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.01. Brixmor Property Group had a net margin of 28.16% and a return on equity of 13.00%. The company had revenue of $353.75 million during the quarter, compared to analysts’ expectations of $347.42 million. During the same period in the prior year, the company posted $0.53 earnings per share. Brixmor Property Group’s revenue for the quarter 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. On average, sell-side analysts predict that Brixmor Property Group will post 2.22 EPS for the current year.

Brixmor Property Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Thursday, April 2nd were issued a $0.3075 dividend. This represents a $1.23 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Thursday, April 2nd. Brixmor Property Group’s dividend payout ratio (DPR) is presently 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.