Brixmor Property Group Inc. (NYSE:BRX) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Brixmor Property Group Inc. (NYSE:BRX) have received an average recommendation of “Moderate Buy” from the twelve research firms that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $32.6364.

Several research firms recently weighed in on BRX. Scotiabank boosted their price target on shares of Brixmor Property Group from $29.00 to $33.00 and gave the stock a “sector outperform” rating in a report on Tuesday, March 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Brixmor Property Group in a report on Monday, May 4th. KeyCorp raised their target price on Brixmor Property Group from $32.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. Stifel Nicolaus upped their price objective on shares of Brixmor Property Group from $29.75 to $31.00 and gave the company a “hold” rating in a report on Tuesday, April 28th. Finally, UBS Group lifted their price objective on shares of Brixmor Property Group from $31.00 to $34.00 and gave the company a “buy” rating in a research note on Monday, May 18th.

Institutional Trading of Brixmor Property Group

Institutional investors have recently modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of Brixmor Property Group by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 44,986,376 shares of the real estate investment trust’s stock valued at $1,179,543,000 after buying an additional 198,567 shares during the period. State Street Corp increased its position in Brixmor Property Group by 0.5% during the 2nd quarter. State Street Corp now owns 15,699,421 shares of the real estate investment trust’s stock valued at $408,813,000 after purchasing an additional 81,497 shares during the period. Centersquare Investment Management LLC increased its position in Brixmor Property Group by 22.5% during the 4th quarter. Centersquare Investment Management LLC now owns 12,384,526 shares of the real estate investment trust’s stock valued at $324,722,000 after purchasing an additional 2,275,242 shares during the period. Franklin Resources Inc. raised its holdings in Brixmor Property Group by 0.4% in the 3rd quarter. Franklin Resources Inc. now owns 12,237,955 shares of the real estate investment trust’s stock worth $338,747,000 after purchasing an additional 51,778 shares in the last quarter. Finally, Invesco Ltd. lifted its position in shares of Brixmor Property Group by 6.8% in the 3rd quarter. Invesco Ltd. now owns 8,036,728 shares of the real estate investment trust’s stock worth $222,457,000 after purchasing an additional 511,976 shares during the period. 98.43% of the stock is currently owned by hedge funds and other institutional investors.

Brixmor Property Group Trading Down 0.1%

Shares of BRX stock opened at $31.81 on Wednesday. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.31 and a current ratio of 1.31. Brixmor Property Group has a fifty-two week low of $24.66 and a fifty-two week high of $31.91. The company has a market cap of $9.76 billion, a PE ratio of 22.16, a P/E/G ratio of 2.56 and a beta of 0.98. The stock’s fifty day moving average price is $30.09 and its two-hundred day moving average price is $28.36.

Brixmor Property Group (NYSE:BRX) last released its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.16. The company had revenue of $354.82 million for the quarter, compared to analysts’ expectations of $349.43 million. Brixmor Property Group had a return on equity of 14.85% and a net margin of 31.99%.The business’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.56 earnings per share. Brixmor Property Group has set its FY 2026 guidance at 2.340-2.37 EPS. Equities analysts predict that Brixmor Property Group will post 2.36 EPS for the current fiscal year.

Brixmor Property Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, July 2nd will be issued a dividend of $0.3075 per share. The ex-dividend date is Thursday, July 2nd. This represents a $1.23 annualized dividend and a yield of 3.9%. Brixmor Property Group’s dividend payout ratio is currently 85.42%.

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.