Brixmor Property Group (NYSE:BRX) Issues FY 2025 Earnings Guidance

Key Points

• Brixmor Property Group has issued FY 2025 earnings guidance with an expected earnings per share of 2.220-2.250, slightly above the consensus estimate of 2.222.
• The company's stock price decreased by 0.4%, closing at $25.53, with a market capitalization of $7.81 billion.
• Recently, Brixmor announced a quarterly dividend of $0.2875, reflecting an annualized yield of 4.50% and a dividend payout ratio of 109.52%.

Brixmor Property Group (NYSE:BRX - Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 2.220-2.250 for the period, compared to the consensus earnings per share estimate of 2.222. The company issued revenue guidance of -.

Brixmor Property Group Trading Down 0.4%

Brixmor Property Group stock traded down $0.10 during mid-day trading on Monday, hitting $25.53. 3,163,634 shares of the stock were exchanged, compared to its average volume of 2,192,422. The firm's fifty day simple moving average is $25.62 and its two-hundred day simple moving average is $25.90. The stock has a market capitalization of $7.81 billion, a price-to-earnings ratio of 24.31, a PEG ratio of 2.66 and a beta of 1.23. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 1.73. Brixmor Property Group has a 12 month low of $22.28 and a 12 month high of $30.67.

Brixmor Property Group (NYSE:BRX - Get Free Report) last posted its quarterly earnings results on Monday, July 28th. The real estate investment trust reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.01. Brixmor Property Group had a net margin of 24.58% and a return on equity of 10.97%. The company's revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.54 earnings per share. Analysts forecast that Brixmor Property Group will post 2.22 EPS for the current year.

Brixmor Property Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Wednesday, July 2nd were paid a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a yield of 4.50%. The ex-dividend date was Wednesday, July 2nd. Brixmor Property Group's dividend payout ratio is currently 109.52%.

Analyst Ratings Changes

BRX has been the topic of a number of research reports. The Goldman Sachs Group lowered their price objective on Brixmor Property Group from $33.00 to $29.00 and set a "buy" rating on the stock in a research note on Thursday, May 1st. UBS Group started coverage on Brixmor Property Group in a research report on Friday, May 30th. They set a "buy" rating and a $29.00 price target on the stock. Mizuho raised Brixmor Property Group from a "neutral" rating to an "outperform" rating and set a $29.00 price objective for the company in a report on Thursday, July 17th. Finally, Scotiabank cut their price objective on Brixmor Property Group from $30.00 to $29.00 and set a "sector outperform" rating for the company in a report on Monday, May 12th. Three investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $30.30.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Brixmor Property Group stock. Royal Bank of Canada grew its stake in shares of Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 39.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 203,615 shares of the real estate investment trust's stock after buying an additional 58,058 shares during the period. Royal Bank of Canada owned 0.07% of Brixmor Property Group worth $5,405,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 98.43% of the company's stock.

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.

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