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

Brixmor Property Group (NYSE:BRX) updated its FY 2025 earnings guidance on Monday. 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 -.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. BMO Capital Markets upgraded Brixmor Property Group from a “market perform” rating to an “outperform” rating and lifted their target price for the stock from $30.00 to $33.00 in a research note on Friday, December 6th. Stifel Nicolaus decreased their target price on shares of Brixmor Property Group from $31.75 to $31.25 and set a “hold” rating on the stock in a report on Tuesday. Mizuho raised their price objective 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. Truist Financial upped their target price on Brixmor Property Group from $28.00 to $31.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Finally, Wells Fargo & Company reduced their target price on Brixmor Property Group from $29.00 to $27.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, Brixmor Property Group presently has an average rating of “Moderate Buy” and a consensus target price of $30.69.

Brixmor Property Group Price Performance

Shares of NYSE BRX opened at $27.27 on Wednesday. The stock has a market capitalization of $8.24 billion, a P/E ratio of 25.25, a P/E/G ratio of 2.54 and a beta of 1.58. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.38 and a quick ratio of 1.38. The company’s 50-day moving average is $27.23 and its 200 day moving average is $27.44. Brixmor Property Group has a 1 year low of $20.80 and a 1 year high of $30.67.

Brixmor Property Group (NYSE:BRX) last issued its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.31. Brixmor Property Group had a return on equity of 11.48% and a net margin of 25.81%. On average, sell-side analysts expect that Brixmor Property Group will post 2.14 earnings per share for the current year.

Brixmor Property Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Wednesday, April 2nd will be given a $0.2875 dividend. The ex-dividend date of this dividend is Wednesday, April 2nd. This is an increase from Brixmor Property Group’s previous quarterly dividend of $0.29. This represents a $1.15 annualized dividend and a yield of 4.22%. Brixmor Property Group’s dividend payout ratio (DPR) is presently 106.48%.

Insider Buying and Selling

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