Brixmor Property Group (NYSE:BRX) Given Media Impact Score of 0.25
News articles about Brixmor Property Group (NYSE:BRX) have trended somewhat positive this week, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Brixmor Property Group earned a news sentiment score of 0.25 on Accern’s scale. Accern also assigned press coverage about the real estate investment trust an impact score of 46.7849144950926 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- See what the IHS Markit Score report has to say about Brixmor Property Group Inc. (finance.yahoo.com)
- Brixmor Property Group Inc. (NYSE:BRX) Stock Closed 5.7% Above Its 50 Day Average (highlightpress.com)
- Citigroup Inc. Raises Brixmor Property Group Inc. (NYSE:BRX) Price Target to $20.00 (americanbankingnews.com)
- Brixmor Property Group Inc. Expected to Post Q4 2018 Earnings of $0.55 Per Share (NYSE:BRX) (americanbankingnews.com)
BRX has been the subject of several recent research reports. Zacks Investment Research cut shares of Brixmor Property Group from a “hold” rating to a “sell” rating in a report on Tuesday, April 18th. Boenning Scattergood reiterated a “hold” rating on shares of Brixmor Property Group in a research note on Wednesday, August 2nd. Royal Bank Of Canada reiterated a “hold” rating and issued a $23.00 price target on shares of Brixmor Property Group in a research note on Wednesday, August 2nd. Citigroup Inc. increased their price target on shares of Brixmor Property Group from $19.00 to $20.00 and gave the company a “neutral” rating in a research note on Monday, August 7th. Finally, Barclays PLC dropped their price objective on shares of Brixmor Property Group from $23.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Friday, June 16th. One analyst has rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the stock. Brixmor Property Group presently has an average rating of “Hold” and an average target price of $26.25.
Shares of Brixmor Property Group (NYSE:BRX) opened at 19.53 on Friday. The company has a market cap of $5.96 billion, a price-to-earnings ratio of 20.01 and a beta of 0.53. Brixmor Property Group has a 52 week low of $17.35 and a 52 week high of $29.14. The firm’s 50-day moving average is $18.82 and its 200-day moving average is $20.48.
Brixmor Property Group (NYSE:BRX) last posted its quarterly earnings data on Monday, July 31st. The real estate investment trust reported $0.53 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.02. Brixmor Property Group had a return on equity of 10.22% and a net margin of 23.06%. The firm had revenue of $322.80 million for the quarter, compared to analysts’ expectations of $315.69 million. During the same period in the previous year, the firm earned $0.50 EPS. The business’s quarterly revenue was up 4.1% on a year-over-year basis. Equities research analysts predict that Brixmor Property Group will post $0.88 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Investors of record on Thursday, October 5th will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 5.33%. The ex-dividend date of this dividend is Wednesday, October 4th. Brixmor Property Group’s dividend payout ratio (DPR) is presently 106.12%.
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Brixmor Property Group Company Profile
Brixmor Property Group Inc is an internally managed real estate investment trust. The Company conducts its operations primarily through Brixmor Operating Partnership LP and subsidiaries (collectively, the Operating Partnership). As of December 31, 2016, it owned interests in 512 shopping centers (the Portfolio) with approximately 86 million square feet of gross leasable area (GLA), including 511 shopping centers and one shopping center held through an unconsolidated joint venture.
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