Brixmor Property Group (BRX) Expected to Announce Quarterly Earnings on Monday

Brixmor Property Group (NYSE:BRX - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results after the market closes on Monday, April 28th. Analysts expect the company to announce earnings of $0.55 per share and revenue of $329.81 million for the quarter. Brixmor Property Group has set its FY 2025 guidance at 2.190-2.240 EPS.

Brixmor Property Group (NYSE:BRX - Get Free Report) last posted its earnings results on Monday, February 10th. The real estate investment trust reported $0.53 earnings per share for the quarter, topping analysts' consensus estimates of $0.22 by $0.31. Brixmor Property Group had a net margin of 26.40% and a return on equity of 11.72%. On average, analysts expect Brixmor Property Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Brixmor Property Group Price Performance

NYSE BRX traded up $0.10 during trading on Friday, reaching $25.79. The company's stock had a trading volume of 353,766 shares, compared to its average volume of 2,432,748. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.16 and a quick ratio of 1.16. The firm has a fifty day moving average of $25.95 and a 200 day moving average of $27.16. The stock has a market capitalization of $7.89 billion, a PE ratio of 23.23, a P/E/G ratio of 2.66 and a beta of 1.30. Brixmor Property Group has a one year low of $21.32 and a one year high of $30.67.

Brixmor Property Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Wednesday, April 2nd were paid a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a yield of 4.46%. The ex-dividend date of this dividend was Wednesday, April 2nd. This is a boost from Brixmor Property Group's previous quarterly dividend of $0.29. Brixmor Property Group's dividend payout ratio is currently 103.60%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on BRX shares. Stifel Nicolaus reduced their target price on Brixmor Property Group from $31.75 to $31.25 and set a "hold" rating on the stock in a research note on Tuesday, February 11th. Scotiabank lowered their price objective on shares of Brixmor Property Group from $32.00 to $30.00 and set a "sector outperform" rating for the company in a report on Friday, February 28th. Evercore ISI upgraded shares of Brixmor Property Group from an "in-line" rating to an "outperform" rating and set a $31.00 target price on the stock in a report on Tuesday, February 11th. Wells Fargo & Company cut their target price on Brixmor Property Group from $27.00 to $26.00 and set an "equal weight" rating on the stock in a research note on Wednesday, March 26th. Finally, Jefferies Financial Group raised shares of Brixmor Property Group from a "hold" rating to a "buy" rating and lifted their target price for the stock from $28.00 to $33.00 in a research report on Friday, February 14th. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $30.48.

About Brixmor Property Group

Brixmor Property Group, Inc operates as a real estate investment trust, which engages in owning and operating a portfolio of grocery anchored community and neighborhood shopping centers. The company was founded in 1985 and is headquartered in New York, NY.