Analysts Set Brixmor Property Group Inc. (NYSE:BRX) Price Target at $30.70

Shares of Brixmor Property Group Inc. (NYSE:BRX) have been assigned a consensus rating of “Moderate Buy” from the eleven analysts that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $30.70.

A number of equities research analysts have recently issued reports on BRX shares. UBS Group lifted their price target on shares of Brixmor Property Group from $29.00 to $31.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. JPMorgan Chase & Co. upped their target price on Brixmor Property Group from $30.00 to $33.00 and gave the company an “overweight” rating in a research report on Friday, February 20th. Scotiabank reduced their target price on Brixmor Property Group from $30.00 to $29.00 and set a “sector outperform” rating on the stock in a report on Wednesday, January 14th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Brixmor Property Group in a research note on Monday, December 22nd. Finally, Piper Sandler upped their price objective on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 17th.

Insider Buying and Selling at Brixmor Property Group

In other news, Director Julie Bowerman sold 8,000 shares of Brixmor Property Group stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $29.03, for a total transaction of $232,240.00. Following the transaction, the director owned 18,400 shares in the company, valued at approximately $534,152. The trade was a 30.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.75% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Brixmor Property Group

Large investors have recently modified their holdings of the company. Clearstead Advisors LLC raised its stake in Brixmor Property Group by 96.9% during the 4th quarter. Clearstead Advisors LLC now owns 1,006 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 495 shares during the period. Mather Group LLC. bought a new position in Brixmor Property Group in the 3rd quarter worth approximately $28,000. Loomis Sayles & Co. L P grew its stake in Brixmor Property Group by 1,215.1% in the 4th quarter. Loomis Sayles & Co. L P now owns 1,223 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 1,130 shares in the last quarter. Quent Capital LLC bought a new stake in Brixmor Property Group during the 3rd quarter valued at $35,000. Finally, Atlantic Edge Private Wealth Management LLC purchased a new stake in shares of Brixmor Property Group during the fourth quarter worth $42,000. 98.43% of the stock is currently owned by institutional investors and hedge funds.

Brixmor Property Group Trading Up 0.8%

Shares of BRX opened at $30.05 on Monday. Brixmor Property Group has a 52-week low of $22.28 and a 52-week high of $30.11. The company has a market cap of $9.21 billion, a price-to-earnings ratio of 23.85, a PEG ratio of 2.68 and a beta of 1.10. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.11 and a current ratio of 1.11. The stock has a fifty day moving average price of $27.12 and a two-hundred day moving average price of $26.95.

Brixmor Property Group (NYSE:BRX) last issued its quarterly earnings results on Monday, February 9th. The real estate investment trust reported $0.58 EPS for the quarter, topping the consensus estimate of $0.57 by $0.01. Brixmor Property Group had a net margin of 28.16% and a return on equity of 13.00%. The company had revenue of $353.75 million during the quarter, compared to analysts’ expectations of $347.42 million. During the same quarter in the previous year, the company earned $0.53 EPS. Brixmor Property Group’s revenue was up 7.7% on a year-over-year basis. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. Analysts predict that Brixmor Property Group will post 2.22 EPS for the current fiscal year.

Brixmor Property Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Thursday, April 2nd will be given a $0.3075 dividend. This represents a $1.23 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Thursday, April 2nd. Brixmor Property Group’s payout ratio is currently 97.62%.

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.