Brixmor Property Group Inc. (NYSE:BRX) Receives $33.75 Consensus Target Price from Analysts

Brixmor Property Group Inc. (NYSE:BRXGet Free Report) has received a consensus recommendation of “Buy” from the fourteen analysts that are presently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, ten have issued a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $33.75.

A number of brokerages have recently issued reports on BRX. Stifel Nicolaus upped their target price on shares of Brixmor Property Group from $29.75 to $31.00 and gave the stock a “hold” rating in a research report on Tuesday, April 28th. Truist Financial raised their price target on shares of Brixmor Property Group from $32.00 to $33.00 and gave the company a “buy” rating in a report on Wednesday, May 27th. UBS Group boosted their price objective on shares of Brixmor Property Group from $34.00 to $37.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Piper Sandler upped their price target on Brixmor Property Group from $34.00 to $40.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. Finally, KeyCorp raised their price target on Brixmor Property Group from $32.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th.

Read Our Latest Report on Brixmor Property Group

Hedge Funds Weigh In On Brixmor Property Group

Several hedge funds have recently added to or reduced their stakes in the stock. Clearstead Advisors LLC grew its stake in Brixmor Property Group by 96.9% in the fourth quarter. Clearstead Advisors LLC now owns 1,006 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 495 shares during the period. Cassaday & Co Wealth Management LLC acquired a new stake in shares of Brixmor Property Group during the first quarter worth about $26,000. Loomis Sayles & Co. L P lifted its holdings in shares of Brixmor Property Group by 1,215.1% during the 4th quarter. Loomis Sayles & Co. L P now owns 1,223 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 1,130 shares in the last quarter. SHP Wealth Management bought a new position in shares of Brixmor Property Group during the 4th quarter valued at about $34,000. Finally, Atlantic Edge Private Wealth Management LLC bought a new stake in Brixmor Property Group during the 4th quarter worth approximately $42,000. Institutional investors and hedge funds own 98.43% of the company’s stock.

Brixmor Property Group Trading Up 1.5%

Shares of BRX opened at $32.45 on Thursday. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.31 and a current ratio of 1.31. The company has a market cap of $9.96 billion, a price-to-earnings ratio of 22.53, a PEG ratio of 2.72 and a beta of 0.98. The stock has a fifty day moving average price of $31.34 and a two-hundred day moving average price of $29.68. Brixmor Property Group has a 52-week low of $24.66 and a 52-week high of $32.86.

Brixmor Property Group (NYSE:BRXGet Free Report) last announced its earnings results on Monday, April 27th. The real estate investment trust reported $0.41 EPS for the quarter, topping the consensus estimate of $0.25 by $0.16. Brixmor Property Group had a return on equity of 14.85% and a net margin of 31.99%.The company had revenue of $354.82 million for the quarter, compared to analysts’ expectations of $349.43 million. During the same quarter in the prior year, the business earned $0.56 earnings per share. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. Brixmor Property Group has set its FY 2026 guidance at 2.340-2.37 EPS. Analysts predict that Brixmor Property Group will post 2.36 EPS for the current fiscal year.

About Brixmor Property Group

(Get Free Report)

Brixmor Property Group is a publicly traded real estate investment trust (REIT) focused on the ownership, management and development of open-air shopping centers across the United States. The company acquires and leases retail properties that feature everyday, necessity-based tenants such as grocery stores, discount retailers, and service providers. Brixmor’s core strategy centers on generating stable, long-term income streams through tenant relationships and targeted property enhancements.

The company’s main business activities include proactive leasing, property upkeep and capital improvement projects designed to maximize occupancy and tenant satisfaction.

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Analyst Recommendations for Brixmor Property Group (NYSE:BRX)

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