Somewhat Positive Press Coverage Somewhat Unlikely to Affect Brixmor Property Group (BRX) Share Price
News coverage about Brixmor Property Group (NYSE:BRX) has trended somewhat positive on Sunday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Brixmor Property Group earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave press coverage about the real estate investment trust an impact score of 46.5788162599302 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Brixmor Property Group Inc. (BRX) stock triggers Dividend Yield at 5.99% – Voice Of Analysts (analystsbuzz.com)
- $317.50 Million in Sales Expected for Brixmor Property Group Inc. (BRX) This Quarter (americanbankingnews.com)
- Critical Review: Brixmor Property Group (BRX) and Rouse Properties (RSE) (americanbankingnews.com)
- Getty Realty Corporation (GTY) versus Brixmor Property Group (BRX) Critical Review (americanbankingnews.com)
- Stocks Investor’s Watch List-: AmTrust Financial Services, Inc. (NASDAQ:AFSI), Brixmor Property Group Inc. (NYSE … – The Stock Street (press release) (thestreetpoint.com)
BRX has been the topic of a number of recent analyst reports. Royal Bank Of Canada restated a “hold” rating and issued a $23.00 price target on shares of Brixmor Property Group in a report on Wednesday, August 2nd. Boenning Scattergood restated a “hold” rating on shares of Brixmor Property Group in a report on Wednesday, August 2nd. Zacks Investment Research upgraded shares of Brixmor Property Group from a “sell” rating to a “hold” rating in a report on Friday, August 4th. Citigroup Inc. raised their price target on shares of Brixmor Property Group from $19.00 to $20.00 and gave the company a “neutral” rating in a report on Monday, August 7th. Finally, Barclays PLC restated a “hold” rating and issued a $22.00 price target on shares of Brixmor Property Group in a report on Monday, August 14th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $23.11.
Brixmor Property Group (BRX) traded up $0.27 during mid-day trading on Friday, reaching $18.62. 5,040,000 shares of the company were exchanged, compared to its average volume of 3,161,111. The firm has a market cap of $5,677.93, a PE ratio of 8.82, a PEG ratio of 1.80 and a beta of 0.51. 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 has a one year low of $17.23 and a one year high of $25.34.
Brixmor Property Group (NYSE:BRX) last released its earnings results on Monday, October 30th. The real estate investment trust reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.24). The company had revenue of $314.50 million during the quarter, compared to analyst estimates of $317.31 million. Brixmor Property Group had a return on equity of 11.08% and a net margin of 25.14%. The firm’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same quarter last year, the business earned $0.51 earnings per share. sell-side analysts anticipate that Brixmor Property Group will post 2.08 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Thursday, January 4th will be paid a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a yield of 5.91%. This is a boost from Brixmor Property Group’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Wednesday, January 3rd. Brixmor Property Group’s payout ratio is presently 98.11%.
In other Brixmor Property Group news, Director John Schreiber acquired 10,000 shares of the firm’s stock in a transaction on Wednesday, August 23rd. The stock was acquired at an average cost of $18.72 per share, for a total transaction of $187,200.00. Following the purchase, the director now owns 20,000 shares in the company, valued at approximately $374,400. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Mark Horgan acquired 3,000 shares of the firm’s stock in a transaction on Friday, November 3rd. The shares were acquired at an average price of $17.64 per share, with a total value of $52,920.00. Following the completion of the purchase, the executive vice president now owns 56,703 shares in the company, valued at approximately $1,000,240.92. The disclosure for this purchase can be found here. 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.
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