Stifel Nicolaus Issues Positive Forecast for Brixmor Property Group (NYSE:BRX) Stock Price

Brixmor Property Group (NYSE:BRX) had its price objective boosted by equities research analysts at Stifel Nicolaus from $31.00 to $34.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has a “hold” rating on the real estate investment trust’s stock. Stifel Nicolaus’ price target indicates a potential upside of 5.12% from the company’s previous close.

Other research analysts have also issued research reports about the company. Truist Financial boosted their price objective on Brixmor Property Group from $32.00 to $33.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. KeyCorp lifted their target price on shares of Brixmor Property Group from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. Weiss Ratings reissued a “buy (b)” rating on shares of Brixmor Property Group in a research note on Monday, May 4th. UBS Group increased their price target on shares of Brixmor Property Group from $34.00 to $37.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Finally, Evercore upgraded shares of Brixmor Property Group to a “strong-buy” rating in a research report on Wednesday, April 29th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $34.00.

Brixmor Property Group Price Performance

NYSE:BRX traded down $0.01 during trading hours on Tuesday, hitting $32.34. 1,126,577 shares of the company’s stock traded hands, compared to its average volume of 2,679,768. The firm has a market cap of $9.92 billion, a P/E ratio of 22.44, a P/E/G ratio of 2.72 and a beta of 0.98. Brixmor Property Group has a 52 week low of $24.66 and a 52 week high of $32.86. The business’s fifty day simple moving average is $31.38 and its two-hundred day simple moving average is $29.76. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 1.81.

Brixmor Property Group (NYSE:BRX) last announced its earnings results on Monday, July 27th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.34). Brixmor Property Group had a return on equity of 14.85% and a net margin of 31.99%.The business had revenue of $354.20 million during the quarter, compared to the consensus estimate of $354.39 million. During the same quarter in the prior year, the company earned $0.56 earnings per share. Brixmor Property Group’s revenue was up 4.3% compared to the same quarter last year. Brixmor Property Group has set its FY 2026 guidance at 2.350-2.370 EPS. On average, research analysts anticipate that Brixmor Property Group will post 2.36 earnings per share for the current fiscal year.

Institutional Trading of Brixmor Property Group

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

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.