Brixmor Property Group (BRX) Stock Price, News & Analysis

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brixmor Property Group in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BRX shares.
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7 Wall Street research analysts have issued 1-year price targets for Brixmor Property Group's stock. Their BRX share price targets range from $23.00 to $28.00. On average, they predict the company's stock price to reach $25.38 in the next twelve months. This suggests a possible upside of 18.2% from the stock's current price.
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Brixmor Property Group's stock was trading at $23.27 at the beginning of 2024. Since then, BRX shares have decreased by 7.7% and is now trading at $21.47.
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Brixmor Property Group saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 7,850,000 shares, a decrease of 17.0% from the March 15th total of 9,460,000 shares. Based on an average trading volume of 2,660,000 shares, the short-interest ratio is presently 3.0 days.
View Brixmor Property Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, April 29th 2024.
View our BRX earnings forecast.

Brixmor Property Group will be holding an earnings conference call on Tuesday, April 30th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13744748".

Brixmor Property Group Inc. (NYSE:BRX) announced its quarterly earnings results on Tuesday, February, 13th. The real estate investment trust reported $0.24 EPS for the quarter, missing analysts' consensus estimates of $0.51 by $0.27. The real estate investment trust earned $316.49 million during the quarter, compared to the consensus estimate of $311.77 million. Brixmor Property Group had a trailing twelve-month return on equity of 10.63% and a net margin of 24.50%. The firm's revenue for the quarter was up 2.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.49 EPS.

Brixmor Property Group announced a quarterly dividend on Monday, February 12th. Investors of record on Tuesday, April 2nd will be given a dividend of $0.273 per share on Monday, April 15th. This represents a $1.09 dividend on an annualized basis and a dividend yield of 5.09%. The ex-dividend date of this dividend is Monday, April 1st. This is a positive change from the stock's previous quarterly dividend of $0.27.
Read our dividend analysis for BRX.

Brixmor Property Group (NYSE:BRX) pays an annual dividend of $1.09 per share and currently has a dividend yield of 5.19%. BRX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 107.92%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, BRX will have a dividend payout ratio of 50.70% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BRX.

ETFs with the largest weight of Brixmor Property Group (NYSE:BRX) stock in their portfolio include ALPS Active REIT ETF (REIT), iShares US Credit Bond ETF (CRED), FlexShares Global Quality Real Estate Index Fund (GQRE), SPDR Dow Jones REIT ETF (RWR), First Trust S&P REIT Index Fund (FRI), JPMorgan BetaBuilders MSCI US REIT ETF (BBRE), iShares Core U.S. REIT ETF (USRT) and Dimensional US Real Estate ETF (DFAR).

Brixmor Property Group issued an update on its FY 2024 earnings guidance on Tuesday, February, 13th. The company provided EPS guidance of 2.060-2.100 for the period, compared to the consensus earnings per share estimate of 2.080. The company issued revenue guidance of -.

20 employees have rated Brixmor Property Group Chief Executive Officer James M. Taylor Jr. on Glassdoor.com. James M. Taylor Jr. has an approval rating of 85% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Brixmor Property Group investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Occidental Petroleum (OXY), Micron Technology (MU), NextEra Energy Partners (NEP), STMicroelectronics (STM), Agree Realty (ADC) and Accenture (ACN).

Brixmor Property Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.11%), Sumitomo Mitsui Trust Holdings Inc. (0.11%), State of Alaska Department of Revenue (0.06%), tru Independence LLC (0.04%), Pensionfund DSM Netherlands (0.04%) and Perpetual Ltd (0.03%). Insiders that own company stock include Angela M Aman, Brian T Finnegan, Carolyn Carter Singh, James M Taylor Jr, Michael B Berman, Opaleye Management Inc and Steven F Siegel.
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Shares of BRX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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