Brixmor Property Group (NYSE:BRX – Get Free Report) issued an update on its FY 2026 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 2.350-2.370 for the period, compared to the consensus EPS estimate of 2.360. The company issued revenue guidance of -.
Brixmor Property Group Trading Down 0.3%
Shares of Brixmor Property Group stock opened at $32.34 on Tuesday. Brixmor Property Group has a 12-month low of $24.66 and a 12-month high of $32.86. The stock has a market capitalization of $9.92 billion, a P/E ratio of 22.46, a price-to-earnings-growth ratio of 2.72 and a beta of 0.98. The company has a 50-day simple moving average of $31.38 and a 200 day simple moving average of $29.76. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 1.81.
Brixmor Property Group (NYSE:BRX – Get Free Report) last released its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.16. The firm had revenue of $354.82 million for the quarter, compared to analyst estimates of $349.43 million. Brixmor Property Group had a net margin of 31.99% and a return on equity of 14.85%. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.56 earnings per share. Research analysts expect that Brixmor Property Group will post 2.36 earnings per share for the current fiscal year.
Brixmor Property Group Dividend Announcement
Analyst Ratings Changes
BRX has been the topic of several recent analyst reports. UBS Group boosted their target price on Brixmor Property Group from $34.00 to $37.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Stifel Nicolaus lifted their price objective on Brixmor Property Group from $29.75 to $31.00 and gave the company a “hold” rating in a research report on Tuesday, April 28th. BMO Capital Markets lifted their price objective on Brixmor Property Group from $35.00 to $37.00 and gave the company an “outperform” rating in a research report on Monday, June 15th. Truist Financial boosted their price objective on Brixmor Property Group from $32.00 to $33.00 and gave the stock a “buy” rating in a research note on Wednesday, May 27th. Finally, KeyCorp increased their target price on Brixmor Property Group from $32.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $33.75.
Check Out Our Latest Stock Report on BRX
Institutional Trading of Brixmor Property Group
Hedge funds have recently modified their holdings of the stock. Loomis Sayles & Co. L P increased its holdings in shares of Brixmor Property Group by 1,215.1% in the fourth 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 in the last quarter. Prosperity Bancshares Inc acquired a new position in Brixmor Property Group during the 4th quarter worth $43,000. EverSource Wealth Advisors LLC boosted its position in 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 buying an additional 557 shares during the last quarter. CIBC Private Wealth Group LLC boosted its position in 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 valued at $64,000 after buying an additional 2,017 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Brixmor Property Group by 750.0% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,720 shares of the real estate investment trust’s stock valued at $71,000 after buying an additional 2,400 shares during the period. 98.43% of the stock is 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.
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