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

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

Analyst Upgrades and Downgrades

BRX has been the topic of several research analyst reports. KeyCorp raised their price objective on shares of Brixmor Property Group from $28.00 to $32.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 12th. Truist Financial upped their price objective on shares of Brixmor Property Group from $28.00 to $31.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Mizuho boosted their price target on Brixmor Property Group from $28.00 to $31.00 and gave the company a “neutral” rating in a research note on Tuesday, December 10th. Evercore ISI upgraded Brixmor Property Group from an “in-line” rating to an “outperform” rating and set a $31.00 price objective for the company in a research report on Tuesday. Finally, BMO Capital Markets upgraded shares of Brixmor Property Group from a “market perform” rating to an “outperform” rating and lifted their price target for the stock from $30.00 to $33.00 in a research note on Friday, December 6th. Four equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $30.69.

Brixmor Property Group Stock Up 4.2 %

Shares of BRX opened at $27.27 on Wednesday. The company has a market capitalization of $8.24 billion, a P/E ratio of 25.25, a PEG ratio of 2.54 and a beta of 1.58. Brixmor Property Group has a one year low of $20.80 and a one year high of $30.67. The business’s 50 day simple moving average is $27.23 and its 200-day simple moving average is $27.44. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.38 and a quick ratio of 1.38.

Brixmor Property Group (NYSE:BRX) last posted its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.31. Brixmor Property Group had a return on equity of 11.48% and a net margin of 25.81%. As a group, sell-side analysts predict that Brixmor Property Group will post 2.14 EPS for the current fiscal year.

Brixmor Property Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Wednesday, April 2nd will be given a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.22%. This is a positive change from Brixmor Property Group’s previous quarterly dividend of $0.29. The ex-dividend date is Wednesday, April 2nd. Brixmor Property Group’s dividend payout ratio is presently 106.48%.

Insider Activity at Brixmor Property Group

In related news, insider Steven F. Siegel sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $29.54, for a total value of $738,500.00. Following the transaction, the insider now owns 315,004 shares in the company, valued at $9,305,218.16. This trade represents a 7.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.76% of the stock is currently owned by company insiders.

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.