BMO Capital Markets Issues Positive Forecast for Brixmor Property Group (NYSE:BRX) Stock Price

Brixmor Property Group (NYSE:BRX) had its price objective raised by analysts at BMO Capital Markets from $35.00 to $37.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage currently has an “outperform” rating on the real estate investment trust’s stock. BMO Capital Markets’ price objective suggests a potential upside of 14.41% from the company’s current price.

Other equities research analysts also recently issued research reports about the stock. JPMorgan Chase & Co. lifted their target price on shares of Brixmor Property Group from $30.00 to $33.00 and gave the stock an “overweight” rating in a research report on Friday, February 20th. UBS Group lifted their target price on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. KeyCorp lifted their target price on shares of Brixmor Property Group from $32.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. Evercore raised shares of Brixmor Property Group to a “strong-buy” rating in a research report on Wednesday, April 29th. Finally, Stifel Nicolaus lifted their target price on shares of Brixmor Property Group from $29.75 to $31.00 and gave the stock a “hold” rating in a research report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Brixmor Property Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $33.00.

Brixmor Property Group Stock Down 0.7%

NYSE BRX traded down $0.24 during mid-day trading on Monday, reaching $32.34. The stock had a trading volume of 181,862 shares, compared to its average volume of 2,772,004. Brixmor Property Group has a 1 year low of $24.66 and a 1 year high of $32.80. The stock has a market cap of $9.92 billion, a PE ratio of 22.47, a price-to-earnings-growth ratio of 2.70 and a beta of 0.99. The company has a fifty day moving average price of $30.30 and a 200 day moving average price of $28.49. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.31 and a quick ratio of 1.31.

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

Institutional Trading of Brixmor Property Group

Institutional investors and hedge funds have recently bought and sold shares of the stock. Cassaday & Co Wealth Management LLC bought a new stake in Brixmor Property Group in the 1st quarter valued at $26,000. Clearstead Advisors LLC increased its holdings in Brixmor Property Group by 96.9% in the 4th quarter. Clearstead Advisors LLC now owns 1,006 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 495 shares during the last quarter. Loomis Sayles & Co. L P increased its holdings in 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 acquiring an additional 1,130 shares during the last quarter. SHP Wealth Management bought a new stake in Brixmor Property Group in the 4th quarter valued at $34,000. Finally, Atlantic Edge Private Wealth Management LLC bought a new stake in Brixmor Property Group in the 4th quarter valued at $42,000. 98.43% of the stock is currently owned by institutional investors.

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.