Brixmor Property Group (NYSE:BRX – Get Free Report) issued its quarterly earnings results on Monday. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.01, Zacks reports. The business had revenue of $353.75 million during the quarter, compared to analyst estimates of $347.42 million. Brixmor Property Group had a return on equity of 11.22% and a net margin of 24.70%.Brixmor Property Group’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.53 EPS. Brixmor Property Group updated its FY 2026 guidance to 2.330-2.370 EPS.
Brixmor Property Group Price Performance
NYSE BRX traded down $0.17 on Monday, reaching $28.16. The company’s stock had a trading volume of 3,558,576 shares, compared to its average volume of 3,037,910. The company has a debt-to-equity ratio of 1.85, a quick ratio of 1.19 and a current ratio of 1.19. Brixmor Property Group has a twelve month low of $22.28 and a twelve month high of $28.61. The firm’s 50 day moving average is $26.13 and its two-hundred day moving average is $26.66. The stock has a market cap of $8.62 billion, a PE ratio of 25.83, a PEG ratio of 2.51 and a beta of 1.10.
Institutional Trading of Brixmor Property Group
Several large investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC increased its stake in shares of Brixmor Property Group by 43.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 557 shares during the last quarter. CIBC Private Wealth Group LLC lifted its holdings in shares of Brixmor Property Group by 695.5% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 2,307 shares of the real estate investment trust’s stock worth $64,000 after purchasing an additional 2,017 shares in the last quarter. Parallel Advisors LLC lifted its position in Brixmor Property Group by 17.4% in the 3rd quarter. Parallel Advisors LLC now owns 2,681 shares of the real estate investment trust’s stock valued at $74,000 after acquiring an additional 398 shares in the last quarter. Danske Bank A S bought a new stake in shares of Brixmor Property Group in the 3rd quarter worth $80,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Brixmor Property Group by 523.9% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,500 shares of the real estate investment trust’s stock valued at $97,000 after purchasing an additional 2,939 shares during the last quarter. Institutional investors own 98.43% of the company’s stock.
Analyst Upgrades and Downgrades
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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.
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