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

Brixmor Property Group (NYSE:BRX) had its target price increased by equities research analysts at JPMorgan Chase & Co. from $30.00 to $33.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the real estate investment trust’s stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 11.39% from the stock’s previous close.

Other equities research analysts also recently issued research reports about the company. Weiss Ratings restated a “buy (b-)” rating on shares of Brixmor Property Group in a research report on Monday, December 22nd. Piper Sandler increased their price target on Brixmor Property Group from $31.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday. Scotiabank reduced 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 note on Wednesday, January 14th. Finally, UBS Group raised their price target on Brixmor Property Group from $29.00 to $31.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Nine investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $30.70.

Brixmor Property Group Price Performance

Shares of NYSE:BRX traded up $0.30 during midday trading on Friday, reaching $29.63. The company’s stock had a trading volume of 1,717,162 shares, compared to its average volume of 3,040,500. The business’s fifty day simple moving average is $26.79 and its 200-day simple moving average is $26.84. The company has a debt-to-equity ratio of 1.83, a current ratio of 1.11 and a quick ratio of 1.11. Brixmor Property Group has a fifty-two week low of $22.28 and a fifty-two week high of $29.67. The company has a market capitalization of $9.08 billion, a P/E ratio of 23.47, a P/E/G ratio of 2.63 and a beta of 1.10.

Brixmor Property Group (NYSE:BRX) last posted its quarterly earnings data on Monday, February 9th. The real estate investment trust reported $0.58 earnings per share 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 firm had revenue of $353.75 million during the quarter, compared to analysts’ expectations of $347.42 million. During the same quarter last year, the company posted $0.53 EPS. The company’s quarterly revenue was up 7.7% compared to the same quarter last year. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. As a group, equities research analysts expect that Brixmor Property Group will post 2.22 EPS for the current fiscal year.

Insider Buying and Selling at Brixmor Property Group

In related 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 sale, 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.75% of the company’s stock.

Hedge Funds Weigh In On Brixmor Property Group

A number of institutional investors have recently modified their holdings of BRX. Clearstead Advisors LLC grew its holdings in Brixmor Property Group by 96.9% during the 4th 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 period. Mather Group LLC. acquired a new position in Brixmor Property Group in the third quarter valued at approximately $28,000. Loomis Sayles & Co. L P grew its position in shares of Brixmor Property Group by 1,215.1% during the 4th quarter. Loomis Sayles & Co. L P now owns 1,223 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 1,130 shares during the period. Quent Capital LLC bought a new stake in shares of Brixmor Property Group in the 3rd quarter valued at $35,000. Finally, Atlantic Edge Private Wealth Management LLC bought a new stake in shares of Brixmor Property Group in the 4th quarter valued at $42,000. Institutional investors and hedge funds own 98.43% of the company’s stock.

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.