News headlines about Brixmor Property Group (NYSE:BRX) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Brixmor Property Group earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned headlines about the real estate investment trust an impact score of 43.5331195189728 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

A number of equities research analysts have recently commented on the company. Boenning Scattergood upgraded Brixmor Property Group from a “neutral” rating to an “outperform” rating and set a $22.00 target price on the stock in a research note on Tuesday, September 12th. BMO Capital Markets assumed coverage on Brixmor Property Group in a research note on Monday, September 11th. They set a “market perform” rating and a $20.00 target price on the stock. ValuEngine cut Brixmor Property Group from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. KeyCorp reiterated a “hold” rating on shares of Brixmor Property Group in a research note on Friday, August 25th. Finally, Zacks Investment Research cut Brixmor Property Group from a “hold” rating to a “sell” rating in a research note on Tuesday, October 3rd. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $21.25.

Shares of Brixmor Property Group (BRX) traded up $0.35 during trading on Monday, reaching $18.51. The company had a trading volume of 3,267,893 shares, compared to its average volume of 2,854,252. Brixmor Property Group has a fifty-two week low of $17.23 and a fifty-two week high of $25.34. The company has a market cap of $5,534.61, a PE ratio of 8.60, a P/E/G ratio of 1.96 and a beta of 0.52. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.96.

Brixmor Property Group (NYSE:BRX) last announced its quarterly earnings data on Monday, October 30th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.51 by ($0.24). Brixmor Property Group had a net margin of 25.14% and a return on equity of 11.08%. The firm had revenue of $314.50 million during the quarter, compared to the consensus estimate of $317.31 million. During the same quarter in the prior year, the firm posted $0.51 earnings per share. The company’s revenue was down 1.3% on a year-over-year basis. research analysts predict that Brixmor Property Group will post 2.08 earnings per share for the current fiscal year.

Brixmor Property Group announced that its Board of Directors has initiated a share buyback plan on Tuesday, December 5th that permits the company to repurchase $400.00 million in outstanding shares. This repurchase authorization permits the real estate investment trust to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its stock is undervalued.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Thursday, January 4th will be paid a $0.275 dividend. This is a boost from Brixmor Property Group’s previous quarterly dividend of $0.26. This represents a $1.10 dividend on an annualized basis and a yield of 5.94%. The ex-dividend date of this dividend is Wednesday, January 3rd. Brixmor Property Group’s payout ratio is currently 98.11%.

In other news, EVP Mark Horgan acquired 3,000 shares of the stock in a transaction that occurred on Friday, November 3rd. The shares were acquired at an average cost of $17.64 per share, for a total transaction of $52,920.00. Following the purchase, the executive vice president now owns 56,703 shares of the company’s stock, valued at approximately $1,000,240.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.27% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Brixmor Property Group (NYSE:BRX)

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