Brixmor Property Group (NYSE:BRX) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Brixmor Property Group (NYSE:BRX) had its price target upped by investment analysts at JPMorgan Chase & Co. from $30.00 to $33.00 in a research note issued on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the real estate investment trust’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 11.24% from the company’s current price.

A number of other equities research analysts have also recently commented on BRX. UBS Group raised their target price on Brixmor Property Group from $29.00 to $31.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. Scotiabank lowered their price target on Brixmor Property Group from $30.00 to $29.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, January 14th. Piper Sandler boosted their price objective on Brixmor Property Group from $31.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, February 17th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Brixmor Property Group in a research report on Monday, December 22nd. Nine research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $30.70.

Brixmor Property Group Price Performance

Shares of NYSE BRX opened at $29.67 on Friday. Brixmor Property Group has a 52 week low of $22.28 and a 52 week high of $29.71. 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 firm has a market cap of $9.09 billion, a P/E ratio of 23.54, a P/E/G ratio of 2.67 and a beta of 1.10. The business’s 50 day moving average price is $26.87 and its 200 day moving average price is $26.87.

Brixmor Property Group (NYSE:BRX) last released its quarterly earnings data on Monday, February 9th. The real estate investment trust reported $0.58 EPS for the quarter, beating 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 business had revenue of $353.75 million for the quarter, compared to the consensus estimate of $347.42 million. During the same period in the prior year, the firm earned $0.53 EPS. The business’s revenue for the quarter 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. On average, sell-side analysts expect that Brixmor Property Group will post 2.22 earnings per share for the current year.

Insider Activity at Brixmor Property Group

In related news, Director Julie Bowerman sold 8,000 shares of the stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $29.03, for a total value of $232,240.00. Following the completion of the transaction, the director directly owned 18,400 shares of the company’s stock, valued at approximately $534,152. This represents a 30.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.75% of the company’s stock.

Hedge Funds Weigh In On Brixmor Property Group

Hedge funds and other institutional investors have recently modified their holdings of the business. NewEdge Advisors LLC lifted its stake in Brixmor Property Group by 4.6% in the 4th quarter. NewEdge Advisors LLC now owns 8,657 shares of the real estate investment trust’s stock worth $227,000 after purchasing an additional 384 shares in the last quarter. Parallel Advisors LLC increased its holdings in shares of Brixmor Property Group by 17.4% in the third quarter. Parallel Advisors LLC now owns 2,681 shares of the real estate investment trust’s stock valued at $74,000 after purchasing an additional 398 shares during the last quarter. State of Michigan Retirement System lifted its position in Brixmor Property Group by 0.5% during the second quarter. State of Michigan Retirement System now owns 73,607 shares of the real estate investment trust’s stock worth $1,917,000 after buying an additional 400 shares in the last quarter. Quadrant Capital Group LLC boosted its stake in Brixmor Property Group by 2.5% during the third quarter. Quadrant Capital Group LLC now owns 19,283 shares of the real estate investment trust’s stock worth $534,000 after buying an additional 465 shares during the last quarter. Finally, Compound Planning Inc. boosted its stake in Brixmor Property Group by 5.4% during the fourth quarter. Compound Planning Inc. now owns 9,117 shares of the real estate investment trust’s stock worth $239,000 after buying an additional 466 shares during the last quarter. 98.43% of the stock is owned by hedge funds and other institutional investors.

About Brixmor Property Group

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.