Brixmor Property Group Inc. (NYSE:BRX) Given Average Rating of “Moderate Buy” by Analysts

Brixmor Property Group Inc. (NYSE:BRX) has received an average rating of “Moderate Buy” from the eleven research firms that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12 month target price among brokers that have covered the stock in the last year is $30.70.

A number of equities analysts have recently weighed in on BRX shares. Weiss Ratings restated a “buy (b-)” rating on shares of Brixmor Property Group in a research note on Monday, December 22nd. UBS Group lifted their price target on Brixmor Property Group from $29.00 to $31.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. Piper Sandler boosted their price objective on Brixmor Property Group from $31.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 17th. Scotiabank decreased their target price on Brixmor Property Group from $30.00 to $29.00 and set a “sector outperform” rating for the company in a research report on Wednesday, January 14th. Finally, JPMorgan Chase & Co. lifted their target price on Brixmor Property Group from $30.00 to $33.00 and gave the stock an “overweight” rating in a research note on Friday.

Insiders Place Their Bets

In other news, Director Julie Bowerman sold 8,000 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $29.03, for a total transaction of $232,240.00. Following the completion of the transaction, the director directly owned 18,400 shares of the company’s stock, valued at $534,152. This represents a 30.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.75% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Brixmor Property Group

Several institutional investors have recently made changes to their positions in BRX. Royal Bank of Canada lifted its stake in Brixmor Property Group by 39.9% in the 1st quarter. Royal Bank of Canada now owns 203,615 shares of the real estate investment trust’s stock worth $5,405,000 after purchasing an additional 58,058 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of Brixmor Property Group by 5.6% in the first quarter. Goldman Sachs Group Inc. now owns 1,703,625 shares of the real estate investment trust’s stock worth $45,231,000 after buying an additional 89,827 shares in the last quarter. Asset Management One Co. Ltd. raised its position in shares of Brixmor Property Group by 3.4% in the second quarter. Asset Management One Co. Ltd. now owns 459,661 shares of the real estate investment trust’s stock worth $11,970,000 after buying an additional 14,967 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in Brixmor Property Group by 1.5% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 338,513 shares of the real estate investment trust’s stock valued at $8,815,000 after buying an additional 5,131 shares during the period. Finally, Ingalls & Snyder LLC grew its position in Brixmor Property Group by 0.9% during the second quarter. Ingalls & Snyder LLC now owns 112,870 shares of the real estate investment trust’s stock worth $2,939,000 after buying an additional 1,058 shares in the last quarter. Hedge funds and other institutional investors own 98.43% of the company’s stock.

Brixmor Property Group Price Performance

BRX opened at $29.67 on Monday. Brixmor Property Group has a 1 year low of $22.28 and a 1 year high of $29.71. The company has a debt-to-equity ratio of 1.83, a current ratio of 1.11 and a quick ratio of 1.11. The company has a market capitalization of $9.09 billion, a price-to-earnings ratio of 23.54, a P/E/G ratio of 2.67 and a beta of 1.10. The firm’s fifty day moving average price is $26.87 and its two-hundred day moving average price is $26.87.

Brixmor Property Group (NYSE:BRX) last released its quarterly earnings results on Monday, February 9th. The real estate investment trust reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $347.42 million. During the same period last year, the firm earned $0.53 earnings per share. The firm’s revenue was up 7.7% on a year-over-year basis. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. As a group, analysts anticipate that Brixmor Property Group will post 2.22 earnings per share for the current fiscal year.

Brixmor Property Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Thursday, April 2nd will be given a $0.3075 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.23 annualized dividend and a yield of 4.1%. Brixmor Property Group’s payout ratio is currently 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.