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

Brixmor Property Group (NYSE:BRX - Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided EPS guidance of 2.190-2.240 for the period, compared to the consensus EPS estimate of 2.220. The company issued revenue guidance of -.

Analysts Set New Price Targets

BRX has been the subject of several analyst reports. Mizuho reduced their price target on shares of Brixmor Property Group from $31.00 to $29.00 and set a "neutral" rating for the company in a report on Tuesday, February 25th. Jefferies Financial Group raised Brixmor Property Group from a "hold" rating to a "buy" rating and increased their price target for the stock from $28.00 to $33.00 in a research note on Friday, February 14th. Scotiabank reduced 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 raised 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 research note on Tuesday, February 11th. Finally, Stifel Nicolaus decreased their price target on Brixmor Property Group from $31.75 to $31.25 and set a "hold" rating for the company in a research note on Tuesday, February 11th. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, Brixmor Property Group has a consensus rating of "Moderate Buy" and an average price target of $30.48.

Brixmor Property Group Stock Performance

Shares of Brixmor Property Group stock traded up $0.24 during midday trading on Monday, hitting $26.02. The company had a trading volume of 2,658,654 shares, compared to its average volume of 2,220,121. Brixmor Property Group has a 1-year low of $21.32 and a 1-year high of $30.67. The business's 50 day simple moving average is $25.92 and its two-hundred day simple moving average is $27.15. The stock has a market cap of $7.96 billion, a PE ratio of 23.44, a P/E/G ratio of 2.66 and a beta of 1.30. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.16 and a quick ratio of 1.16.

Brixmor Property Group (NYSE:BRX - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The real estate investment trust reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.01. Brixmor Property Group had a net margin of 26.40% and a return on equity of 11.72%. As a group, equities analysts predict that Brixmor Property Group will post 2.22 EPS for the current fiscal year.

Brixmor Property Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Wednesday, April 2nd were issued a $0.2875 dividend. This is a boost from Brixmor Property Group's previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Wednesday, April 2nd. This represents a $1.15 annualized dividend and a yield of 4.42%. Brixmor Property Group's dividend payout ratio is 103.60%.

Brixmor Property Group Company Profile

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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