Brixmor Property Group (NYSE:BRX) Issues Quarterly Earnings Results

Brixmor Property Group (NYSE:BRX) posted its quarterly earnings data on Monday. The real estate investment trust reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.31, Zacks reports. Brixmor Property Group had a net margin of 25.81% and a return on equity of 11.48%. Brixmor Property Group updated its FY 2025 guidance to 2.190-2.240 EPS.

Brixmor Property Group Trading Down 1.8 %

NYSE BRX opened at $26.20 on Tuesday. The stock has a market cap of $7.91 billion, a P/E ratio of 24.25, a PEG ratio of 2.54 and a beta of 1.58. The company’s fifty day simple moving average is $27.28 and its 200-day simple moving average is $27.42. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 1.85. Brixmor Property Group has a 52 week low of $20.80 and a 52 week high of $30.67.

Insider Buying and Selling at Brixmor Property Group

In other Brixmor Property Group news, insider Steven F. Siegel sold 25,000 shares of the firm’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $29.54, for a total transaction of $738,500.00. Following the completion of the transaction, the insider now directly owns 315,004 shares of the company’s stock, valued at $9,305,218.16. This trade represents a 7.35 % decrease in their position. The sale 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 corporate insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on BRX shares. Wells Fargo & Company dropped their price target on shares of Brixmor Property Group from $29.00 to $27.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 29th. 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 report on Tuesday. Mizuho lifted their target price on Brixmor Property Group from $28.00 to $31.00 and gave the company a “neutral” rating in a report on Tuesday, December 10th. BMO Capital Markets upgraded Brixmor Property Group from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from $30.00 to $33.00 in a report on Friday, December 6th. Finally, Stifel Nicolaus lifted their price objective on Brixmor Property Group from $25.50 to $27.50 and gave the company a “hold” rating in a research note on Tuesday, October 29th. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, Brixmor Property Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $30.38.

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.