Brixmor Property Group Inc. (NYSE:BRX) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts maintain a favorable view of Brixmor Property Group: Fifteen brokerages give the stock a consensus “Moderate Buy” rating, with an average 12-month price target of $34.00. Recent actions included Piper Sandler raising its target to $40 and Jefferies upgrading the shares to “strong buy.”
• Quarterly earnings missed expectations: Brixmor reported earnings of $0.24 per share versus the $0.58 consensus estimate, while revenue of $354.2 million was essentially in line with forecasts and increased 4.3% year over year.
• The REIT offers a 4.1% dividend yield and strong institutional ownership: Its quarterly dividend is $0.3075 per share, or $1.23 annualized, and institutional investors own 98.43% of the stock. The shares recently opened at $29.95.

Shares of Brixmor Property Group Inc. (NYSE:BRX - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the fifteen brokerages that are currently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and two have given a strong 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 $34.00.

A number of equities research analysts have recently weighed in on BRX shares. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Brixmor Property Group in a research note on Friday, July 31st. Piper Sandler increased their price objective on Brixmor Property Group from $34.00 to $40.00 and gave the stock an "overweight" rating in a report on Tuesday, July 21st. Jefferies Financial Group raised shares of Brixmor Property Group to a "strong-buy" rating in a research report on Friday, June 26th. Stifel Nicolaus lifted their target price on shares of Brixmor Property Group from $31.00 to $34.00 and gave the company a "hold" rating in a research note on Tuesday, July 28th. Finally, Truist Financial lifted their target price on shares of Brixmor Property Group from $32.00 to $33.00 and gave the company a "buy" rating in a research note on Wednesday, May 27th.

Brixmor Property Group Trading Down 0.1%

Brixmor Property Group stock opened at $29.95 on Monday. Brixmor Property Group has a 12 month low of $24.66 and a 12 month high of $32.86. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 1.76. The stock has a market cap of $9.19 billion, a P/E ratio of 21.39, a P/E/G ratio of 2.27 and a beta of 0.98. The company's fifty day simple moving average is $31.42 and its 200-day simple moving average is $30.20.

Brixmor Property Group (NYSE:BRX - Get Free Report) last announced its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.34). The firm had revenue of $354.20 million for the quarter, compared to analysts' expectations of $354.39 million. Brixmor Property Group had a return on equity of 14.38% and a net margin of 30.82%.Brixmor Property Group's revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.56 earnings per share. Brixmor Property Group has set its FY 2026 guidance at 2.350-2.370 EPS. As a group, sell-side analysts forecast that Brixmor Property Group will post 2.36 EPS for the current fiscal year.

Brixmor Property Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Friday, October 2nd will be issued a dividend of $0.3075 per share. The ex-dividend date is Friday, October 2nd. This represents a $1.23 dividend on an annualized basis and a dividend yield of 4.1%. Brixmor Property Group's dividend payout ratio (DPR) is currently 87.86%.

Institutional Investors Weigh In On Brixmor Property Group

A number of large investors have recently bought and sold shares of the business. BlackRock Inc. bought a new stake in shares of Brixmor Property Group during the 2nd quarter worth about $1,265,950,000. Canada Pension Plan Investment Board acquired a new position in shares of Brixmor Property Group during the 2nd quarter valued at about $180,406,000. Principal Financial Group Inc. raised its stake in shares of Brixmor Property Group by 686.1% in the 1st quarter. Principal Financial Group Inc. now owns 5,176,486 shares of the real estate investment trust's stock valued at $149,083,000 after acquiring an additional 4,518,001 shares in the last quarter. Norges Bank bought a new position in shares of Brixmor Property Group in the 4th quarter valued at approximately $112,307,000. Finally, Deutsche Bank AG acquired a new stake in Brixmor Property Group in the 2nd quarter worth approximately $122,922,000. 98.43% of the stock is currently owned by institutional investors.

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.

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