Brixmor Property Group (NYSE:BRX – Get Free Report) updated its FY 2026 earnings guidance on Monday morning. The company provided EPS guidance of 2.350-2.370 for the period, compared to the consensus estimate of 2.360. The company issued revenue guidance of -.
Analysts Set New Price Targets
Several equities research analysts recently issued reports on the stock. Evercore raised shares of Brixmor Property Group to a “strong-buy” rating in a research note on Wednesday, April 29th. KeyCorp lifted their price target on Brixmor Property Group from $32.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. Jefferies Financial Group raised Brixmor Property Group to a “strong-buy” rating in a report on Friday, June 26th. Truist Financial upped their price objective on Brixmor Property Group from $32.00 to $33.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. Finally, Stifel Nicolaus increased their target price on Brixmor Property Group from $29.75 to $31.00 and gave the stock a “hold” rating in a report on Tuesday, April 28th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $33.75.
View Our Latest Stock Report on BRX
Brixmor Property Group Stock Performance
Brixmor Property Group (NYSE:BRX – Get Free Report) last issued its earnings results on Monday, July 27th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.24. Brixmor Property Group had a net margin of 31.99% and a return on equity of 14.85%. The firm had revenue of $354.20 million for the quarter, compared to analysts’ expectations of $354.39 million. Brixmor Property Group has set its FY 2026 guidance at 2.350-2.370 EPS. On average, equities analysts expect that Brixmor Property Group will post 2.36 EPS for the current year.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in BRX. Loomis Sayles & Co. L P boosted its holdings in shares of Brixmor Property Group by 1,215.1% during the fourth quarter. Loomis Sayles & Co. L P now owns 1,223 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 1,130 shares during the period. Prosperity Bancshares Inc acquired a new stake in shares of Brixmor Property Group in the 4th quarter worth about $43,000. EverSource Wealth Advisors LLC increased its holdings in shares of Brixmor Property Group by 43.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the real estate investment trust’s stock worth $48,000 after acquiring an additional 557 shares during the period. CIBC Private Wealth Group LLC lifted its position in Brixmor Property Group by 695.5% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 2,307 shares of the real estate investment trust’s stock valued at $64,000 after purchasing an additional 2,017 shares during the last quarter. Finally, Parallel Advisors LLC lifted its position in Brixmor Property Group by 17.4% in the 3rd quarter. Parallel Advisors LLC now owns 2,681 shares of the real estate investment trust’s stock valued at $74,000 after purchasing an additional 398 shares during the last quarter. 98.43% of the stock is currently owned by institutional investors.
About Brixmor Property Group
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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