Brokerages Set Brixmor Property Group Inc. (NYSE:BRX) Target Price at $31.18

Brixmor Property Group Inc. (NYSE:BRX) has earned a consensus rating of “Moderate Buy” from the twelve analysts that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $31.1818.

Several research firms recently issued reports on BRX. Wells Fargo & Company increased their target price on shares of Brixmor Property Group from $28.00 to $32.00 and gave the stock an “equal weight” rating in a report on Thursday. JPMorgan Chase & Co. lifted their price target on shares of Brixmor Property Group from $30.00 to $33.00 and gave the company an “overweight” rating in a report on Friday, February 20th. UBS Group upped their price target on shares of Brixmor Property Group from $29.00 to $31.00 and gave the stock a “buy” rating in a research report on Thursday, January 8th. Truist Financial increased their price objective on shares of Brixmor Property Group from $29.00 to $32.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Brixmor Property Group in a research report on Monday, December 22nd.

Insider Transactions at Brixmor Property Group

In related news, Director Julie Bowerman sold 8,000 shares of Brixmor Property Group stock in a transaction that occurred on Thursday, February 12th. The stock was 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 of the company’s stock, valued at approximately $534,152. This trade represents a 30.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.91% of the company’s stock.

Institutional Investors Weigh In On Brixmor Property Group

A number of institutional investors have recently added to or reduced their stakes in BRX. Vanguard Group Inc. grew its position 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 purchasing an additional 198,567 shares in the last quarter. State Street Corp lifted its position in shares of Brixmor Property Group by 0.5% in the second quarter. State Street Corp now owns 15,699,421 shares of the real estate investment trust’s stock worth $408,813,000 after buying an additional 81,497 shares in the last quarter. Centersquare Investment Management LLC boosted its stake in Brixmor Property Group by 22.5% during the fourth 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 buying an additional 2,275,242 shares during the last quarter. Franklin Resources Inc. boosted its stake in Brixmor Property Group by 0.4% during the third quarter. Franklin Resources Inc. now owns 12,237,955 shares of the real estate investment trust’s stock valued at $338,747,000 after buying an additional 51,778 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in Brixmor Property Group by 6.8% during the 3rd quarter. Invesco Ltd. now owns 8,036,728 shares of the real estate investment trust’s stock valued at $222,457,000 after buying an additional 511,976 shares in the last quarter. 98.43% of the stock is owned by hedge funds and other institutional investors.

Brixmor Property Group Stock Down 2.7%

BRX opened at $28.70 on Friday. The firm’s 50 day simple moving average is $28.43 and its two-hundred day simple moving average is $27.28. The company has a market capitalization of $8.81 billion, a PE ratio of 22.77, a PEG ratio of 2.58 and a beta of 1.05. Brixmor Property Group has a 1-year low of $22.28 and a 1-year high of $30.70. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.83.

Brixmor Property Group (NYSE:BRX) last issued its quarterly earnings data on Monday, February 9th. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.01. The firm had revenue of $353.75 million during the quarter, compared to the consensus estimate of $347.42 million. Brixmor Property Group had a net margin of 28.16% and a return on equity of 13.00%. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.53 EPS. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. As a group, equities analysts forecast that Brixmor Property Group will post 2.22 EPS for the current year.

Brixmor Property Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Thursday, April 2nd will be paid a $0.3075 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.23 dividend on an annualized basis and a dividend yield of 4.3%. Brixmor Property Group’s dividend payout ratio is 97.62%.

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.