Brixmor Property Group (NYSE:BRX) Upgraded to Strong-Buy at Jefferies Financial Group

Brixmor Property Group (NYSE:BRX) was upgraded by equities research analysts at Jefferies Financial Group to a “strong-buy” rating in a note issued to investors on Friday,Zacks.com reports.

BRX has been the subject of several other research reports. BMO Capital Markets raised their price target on shares of Brixmor Property Group from $35.00 to $37.00 and gave the company an “outperform” rating in a research note on Monday, June 15th. Truist Financial boosted their price objective on shares of Brixmor Property Group from $32.00 to $33.00 and gave the stock a “buy” rating in a research note on Wednesday, May 27th. KeyCorp increased their price objective on Brixmor Property Group from $32.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. UBS Group lifted their target price on Brixmor Property Group from $31.00 to $34.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Finally, Scotiabank upped their price target on Brixmor Property Group from $29.00 to $33.00 and gave the company a “sector outperform” rating in a research report on Tuesday, March 24th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $33.00.

Brixmor Property Group Stock Performance

Shares of BRX stock opened at $32.41 on Friday. The firm has a market capitalization of $9.95 billion, a price-to-earnings ratio of 22.51, a PEG ratio of 2.69 and a beta of 0.98. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.81. The business’s 50-day moving average price is $30.72 and its 200-day moving average price is $28.88. Brixmor Property Group has a 12 month low of $24.66 and a 12 month high of $32.80.

Brixmor Property Group (NYSE:BRX) last issued its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, beating 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 business had revenue of $354.82 million during the quarter, compared to analyst estimates of $349.43 million. During the same quarter last year, the business earned $0.56 EPS. The firm’s quarterly revenue 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. Equities research analysts forecast that Brixmor Property Group will post 2.36 EPS for the current year.

Institutional Trading of Brixmor Property Group

A number of large investors have recently bought and sold shares of BRX. NewEdge Advisors LLC raised its position in shares of Brixmor Property Group by 4.6% in the 4th quarter. NewEdge Advisors LLC now owns 8,657 shares of the real estate investment trust’s stock worth $227,000 after acquiring an additional 384 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of Brixmor Property Group by 17.4% during the 3rd quarter. Parallel Advisors LLC now owns 2,681 shares of the real estate investment trust’s stock valued at $74,000 after purchasing an additional 398 shares in the last quarter. Fifth Third Wealth Advisors LLC boosted its position in shares of Brixmor Property Group by 4.0% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 10,775 shares of the real estate investment trust’s stock valued at $310,000 after purchasing an additional 413 shares in the last quarter. IFM Investors Pty Ltd grew its stake in Brixmor Property Group by 0.9% during the first quarter. IFM Investors Pty Ltd now owns 50,073 shares of the real estate investment trust’s stock worth $1,442,000 after purchasing an additional 459 shares during the period. Finally, Quadrant Capital Group LLC grew its stake in Brixmor Property Group by 2.5% during the third quarter. Quadrant Capital Group LLC now owns 19,283 shares of the real estate investment trust’s stock worth $534,000 after purchasing an additional 465 shares during the period. 98.43% of the stock is currently owned by institutional investors and hedge funds.

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.