Brixmor Property Group - BRX Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brixmor Property Group in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BRX shares.
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12 brokerages have issued 12 month price objectives for Brixmor Property Group's stock. Their BRX share price forecasts range from $20.00 to $26.00. On average, they expect the company's share price to reach $23.96 in the next twelve months. This suggests a possible upside of 6.0% from the stock's current price.
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Brixmor Property Group's stock was trading at $25.41 at the beginning of 2022. Since then, BRX stock has decreased by 11.1% and is now trading at $22.60.
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Brixmor Property Group saw a drop in short interest in November. As of November 15th, there was short interest totaling 4,520,000 shares, a drop of 15.2% from the October 31st total of 5,330,000 shares. Based on an average trading volume of 2,210,000 shares, the days-to-cover ratio is currently 2.0 days.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 6th 2023.
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Brixmor Property Group Inc. (NYSE:BRX) released its quarterly earnings results on Monday, May, 2nd. The real estate investment trust reported $0.26 EPS for the quarter, beating analysts' consensus estimates of $0.20 by $0.06. Brixmor Property Group had a trailing twelve-month return on equity of 11.81% and a net margin of 27.25%. During the same quarter last year, the business earned $0.44 earnings per share.

Brixmor Property Group declared a quarterly dividend on Tuesday, November 1st. Shareholders of record on Wednesday, January 4th will be given a dividend of $0.26 per share on Tuesday, January 17th. This represents a $1.04 dividend on an annualized basis and a yield of 4.60%. The ex-dividend date of this dividend is Tuesday, January 3rd. This is a positive change from the stock's previous quarterly dividend of $0.24.
Read our dividend analysis for BRX.

Brixmor Property Group (NYSE:BRX) pays an annual dividend of $0.96 per share and currently has a dividend yield of 4.15%. BRX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 88.89%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, BRX will have a dividend payout ratio of 47.76% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BRX.

Brixmor Property Group issued an update on its FY 2022 earnings guidance on Tuesday, November, 8th. The company provided earnings per share guidance of $1.94-$1.97 for the period, compared to the consensus estimate of $1.96. The company issued revenue guidance of -.

20 employees have rated Brixmor Property Group Chief Executive Officer James M. Taylor Jr. on Glassdoor.com. James M. Taylor Jr. has an approval rating of 85% among the company's employees.

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

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 number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (15.17%), BlackRock Inc. (11.69%), State Street Corp (5.51%), Massachusetts Financial Services Co. MA (4.13%), Centersquare Investment Management LLC (3.77%) and Bank of New York Mellon Corp (1.65%). Insiders that own company stock include Angela M Aman, Brian T Finnegan, Brian T Finnegan, Carolyn Carter Singh, James M Taylor Jr, Opaleye Management Inc, Sheryl Maxwell Crosland, Steven F Siegel and Steven F Siegel.
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Shares of BRX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BRX stock can currently be purchased for approximately $22.60.

Brixmor Property Group (NYSE:BRX) has a market capitalization of $6.78 billion and generates $1.15 billion in revenue each year. The real estate investment trust earns $270.19 million in net income (profit) each year or $1.08 on an earnings per share basis.

The company employs 500 workers across the globe.

Brixmor Property Group's mailing address is 450 LEXINGTON AVENUE, NEW YORK NY, 10017. The official website for the company is www.brixmor.com. The real estate investment trust can be reached via phone at (800) 869-3000 or via email at investorrelations@brixmor.com.