NYSE:BRXBrixmor Property Group Stock Price, Forecast & News

Brixmor Property Group's stock was trading at $15.64 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BRX shares have decreased by 12.2% and is now trading at $13.73. View which stocks have been most impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brixmor Property Group in the last year. There are currently 1 sell rating, 9 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Brixmor Property Group.

Brixmor Property Group is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Brixmor Property Group.

Brixmor Property Group Inc (NYSE:BRX) announced its earnings results on Thursday, May, 7th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates of $0.48 by $0.28. The real estate investment trust earned $282.30 million during the quarter, compared to analyst estimates of $291.87 million. Brixmor Property Group had a net margin of 23.43% and a return on equity of 9.94%. The business's quarterly revenue was down 3.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.48 EPS. View Brixmor Property Group's earnings history.

Brixmor Property Group declared a quarterly dividend on Monday, February 10th. Investors of record on Monday, April 6th will be paid a dividend of $0.285 per share on Wednesday, April 15th. This represents a $1.14 annualized dividend and a dividend yield of 8.30%. The ex-dividend date of this dividend is Friday, April 3rd. View Brixmor Property Group's dividend history.

16 brokerages have issued twelve-month price targets for Brixmor Property Group's shares. Their forecasts range from $9.00 to $21.00. On average, they expect Brixmor Property Group's share price to reach $15.31 in the next year. This suggests a possible upside of 11.5% from the stock's current price. View analysts' price targets for Brixmor Property Group.

News stories about BRX stock have trended very positive recently, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Brixmor Property Group earned a daily sentiment score of 4.0 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutBrixmor Property Group.

Brixmor Property Group saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 7,620,000 shares, an increase of 16.7% from the April 30th total of 6,530,000 shares. Based on an average daily trading volume, of 4,560,000 shares, the short-interest ratio is currently 1.7 days. Currently, 2.6% of the shares of the company are short sold. View Brixmor Property Group's Current Options Chain.

Some companies that are related to Brixmor Property Group include Boston Properties (BXP), Ventas (VTR), Mid-America Apartment Communities (MAA), Duke Realty (DRE), Sun Communities (SUI), Extra Space Storage (EXR), HCP (HCP), WP Carey (WPC), Equity Lifestyle Properties (ELS), UDR (UDR), Medical Properties Trust (MPW), VICI Properties (VICI), ANNALY CAP MGMT/SH (NLY), Camden Property Trust (CPT) and Host Hotels and Resorts (HST). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Brixmor Property Group investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Apache (APA), Aegean Marine Petroleum Network (ANW), Agree Realty (ADC), Nextera Energy Partners (NEP), Occidental Petroleum (OXY), Accenture (ACN), STMicroelectronics (STM) and Micron Technology (MU).

Brixmor Property Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "BRX."

Brixmor Property Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.43%), JPMorgan Chase & Co. (6.47%), State Street Corp (5.08%), Massachusetts Financial Services Co. MA (4.04%), Bank of New York Mellon Corp (3.78%) and Franklin Resources Inc. (2.85%). Company insiders that own Brixmor Property Group stock include Brian T Finnegan, James M Taylor Jr, Sheryl Maxwell Crosland and Steven F Siegel. View institutional ownership trends for Brixmor Property Group.

BRX stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Cbre Clarion Securities LLC, Deutsche Bank AG, Schroder Investment Management Group, Wellington Management Group LLP, Citigroup Inc., and Aew Capital Management L P. Company insiders that have sold Brixmor Property Group company stock in the last year include Brian T Finnegan, and Steven F Siegel. View insider buying and selling activity for Brixmor Property Group.

BRX stock was acquired by a variety of institutional investors in the last quarter, including Ranger Global Real Estate Advisors LLC, Franklin Resources Inc., Weiss Multi Strategy Advisers LLC, Miller Howard Investments Inc. NY, JPMorgan Chase & Co., Fuller & Thaler Asset Management Inc., Nuveen Asset Management LLC, and Presima Inc.. Company insiders that have bought Brixmor Property Group stock in the last two years include James M Taylor Jr, and Sheryl Maxwell Crosland. View insider buying and selling activity for Brixmor Property Group.

Shares of BRX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of BRX stock can currently be purchased for approximately $13.73.

Brixmor Property Group has a market capitalization of $4.07 billion and generates $1.17 billion in revenue each year. The real estate investment trust earns $274.77 million in net income (profit) each year or $1.91 on an earnings per share basis. Brixmor Property Group employs 458 workers across the globe.

The official website for Brixmor Property Group is www.brixmor.com.

Brixmor Property Group's mailing address is 450 LEXINGTON AVENUE, NEW YORK NY, 10017. The real estate investment trust can be reached via phone at 212-869-3000 or via email at [email protected]