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

Brixmor Property Group Inc. (NYSE:BRX) has earned an average recommendation of “Moderate Buy” from the twelve brokerages that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $31.1818.

Several equities research analysts recently weighed in on BRX shares. UBS Group upped their target price on shares of Brixmor Property Group from $29.00 to $31.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th. Scotiabank decreased their price target on shares of 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. JPMorgan Chase & Co. boosted their price target on shares of Brixmor Property Group from $30.00 to $33.00 and gave the stock an “overweight” rating in a research note on Friday, February 20th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Brixmor Property Group in a research report on Monday, December 22nd. Finally, Wells Fargo & Company increased their price objective on Brixmor Property Group from $28.00 to $32.00 and gave the company an “equal weight” rating in a research note on Thursday.

Brixmor Property Group Trading Down 0.2%

Shares of Brixmor Property Group stock opened at $29.49 on Friday. The stock has a 50 day moving average of $28.37 and a 200 day moving average of $27.28. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.11 and a current ratio of 1.11. The firm has a market capitalization of $9.05 billion, a price-to-earnings ratio of 23.41, a PEG ratio of 2.66 and a beta of 1.06. Brixmor Property Group has a fifty-two week low of $22.28 and a fifty-two week high of $30.70.

Brixmor Property Group (NYSE:BRX) last announced its quarterly earnings results 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. The business had revenue of $353.75 million for the quarter, compared to analyst estimates of $347.42 million. Brixmor Property Group had a return on equity of 13.00% and a net margin of 28.16%.The company’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.53 EPS. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. As a group, research analysts predict that Brixmor Property Group will post 2.22 earnings per share for the current year.

Brixmor Property Group Announces Dividend

The business also recently declared 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 dividend on an annualized basis and a yield of 4.2%. Brixmor Property Group’s dividend payout ratio (DPR) is currently 97.62%.

Insider Activity

In other news, Director Julie Bowerman sold 8,000 shares of Brixmor Property Group stock in a transaction dated 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 owned 18,400 shares in the company, valued at approximately $534,152. This trade represents a 30.30% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.75% of the company’s stock.

Institutional Trading of Brixmor Property Group

Large investors have recently made changes to their positions in the company. Clearstead Advisors LLC lifted its stake in 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 worth $26,000 after acquiring an additional 495 shares during the last quarter. Mather Group LLC. acquired a new position in Brixmor Property Group during the 3rd quarter worth approximately $28,000. Loomis Sayles & Co. L P increased its position in shares of Brixmor Property Group by 1,215.1% in the 4th quarter. Loomis Sayles & Co. L P now owns 1,223 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 1,130 shares during the last quarter. SHP Wealth Management acquired a new stake in shares of Brixmor Property Group in the 4th quarter valued at $34,000. Finally, Quent Capital LLC acquired a new stake in shares of Brixmor Property Group in the 3rd quarter valued at $35,000. 98.43% of the stock is currently 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.