Brixmor Property Group (NYSE:BRX) Releases 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 guidance of 2.190-2.240 for the period, compared to the consensus earnings per share estimate of 2.220. The company issued revenue guidance of -.

Brixmor Property Group Price Performance

Shares of BRX traded down $0.98 during trading hours on Tuesday, reaching $25.03. 856,421 shares of the company traded hands, compared to its average volume of 2,215,472. The stock has a fifty day simple moving average of $25.89 and a 200 day simple moving average of $27.15. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.79. Brixmor Property Group has a fifty-two week low of $21.32 and a fifty-two week high of $30.67. The stock has a market capitalization of $7.66 billion, a PE ratio of 22.47, a price-to-earnings-growth ratio of 2.66 and a beta of 1.30.

Brixmor Property Group (NYSE:BRX) last released its quarterly earnings data on Monday, April 28th. The real estate investment trust reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.01. The business had revenue of $337.51 million for the quarter, compared to analyst estimates of $329.81 million. Brixmor Property Group had a return on equity of 11.72% and a net margin of 26.40%. The company’s revenue was up 5.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.54 EPS. As a group, research analysts predict that Brixmor Property Group will post 2.22 EPS for the current fiscal year.

Brixmor Property Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Wednesday, April 2nd were paid a dividend of $0.2875 per share. The ex-dividend date was Wednesday, April 2nd. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.59%. This is a positive change from Brixmor Property Group’s previous quarterly dividend of $0.29. Brixmor Property Group’s dividend payout ratio (DPR) is currently 103.60%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on BRX. Scotiabank reduced their price target on shares of Brixmor Property Group from $32.00 to $30.00 and set a “sector outperform” rating for the company in a report on Friday, February 28th. Mizuho reduced their price target on shares of Brixmor Property Group from $31.00 to $29.00 and set a “neutral” rating for the company in a report on Tuesday, February 25th. Evercore ISI upgraded shares of Brixmor Property Group from an “in-line” rating to an “outperform” rating and set a $31.00 price objective on the stock in a research note on Tuesday, February 11th. Stifel Nicolaus cut their price objective on shares of Brixmor Property Group from $31.75 to $31.25 and set a “hold” rating on the stock in a research note on Tuesday, February 11th. Finally, Wells Fargo & Company cut their price objective on shares of Brixmor Property Group from $27.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Wednesday, March 26th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $30.48.

Brixmor Property Group Company Profile

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.