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

Brixmor Property Group Stock Down 1.7%

NYSE:BRX traded down $0.46 during trading hours on Friday, reaching $25.67. 538,120 shares of the stock were exchanged, compared to its average volume of 2,430,795. Brixmor Property Group has a twelve month low of $22.28 and a twelve month high of $30.67. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.74 and a quick ratio of 0.75. The firm has a 50 day moving average of $25.67 and a 200 day moving average of $25.90. The stock has a market cap of $7.86 billion, a PE ratio of 23.33, a PEG ratio of 2.75 and a beta of 1.23.

Brixmor Property Group (NYSE:BRX - Get Free Report) last released its quarterly earnings results on Monday, July 28th. The real estate investment trust reported $0.56 earnings per share for the quarter, topping analysts' consensus estimates of $0.55 by $0.01. Brixmor Property Group had a return on equity of 11.39% and a net margin of 25.27%. The firm had revenue of $339.40 million during the quarter, compared to the consensus estimate of $332.59 million. During the same quarter in the prior year, the firm posted $0.54 EPS. The business's revenue was up 7.5% on a year-over-year basis. On average, equities analysts expect that Brixmor Property Group will post 2.22 earnings per share for the current year.

Brixmor Property Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Thursday, October 2nd will be paid a dividend of $0.2875 per share. The ex-dividend date is Thursday, October 2nd. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.5%. Brixmor Property Group's dividend payout ratio is currently 104.55%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Scotiabank dropped their price target on Brixmor Property Group from $30.00 to $29.00 and set a "sector outperform" rating on the stock in a research note on Monday, May 12th. The Goldman Sachs Group dropped their price target 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 began coverage on Brixmor Property Group in a research report on Friday, May 30th. They set a "buy" rating and a $29.00 price objective on the stock. Stifel Nicolaus lowered their price objective on Brixmor Property Group from $29.50 to $29.00 and set a "hold" rating on the stock in a research report on Tuesday. Finally, Mizuho upgraded Brixmor Property Group from a "neutral" rating to an "outperform" rating and set a $29.00 price objective on the stock in a research report on Thursday, July 17th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $30.08.

Institutional Investors Weigh In On Brixmor Property Group

An institutional investor recently raised its position in Brixmor Property Group stock. Royal Bank of Canada lifted 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 disclosure with the Securities & Exchange Commission. 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 about 0.07% of Brixmor Property Group worth $5,405,000 at the end of the most recent quarter. Institutional investors and hedge funds 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.