Brixmor Property Group (NYSE:BRX) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

Brixmor Property Group (NYSE:BRX) had its price objective increased by research analysts at Wells Fargo & Company from $28.00 to $32.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “equal weight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 11.51% from the stock’s current price.

A number of other research analysts also recently issued reports on the company. Truist Financial boosted their price target on Brixmor Property Group from $29.00 to $32.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Brixmor Property Group in a research note on Monday, December 22nd. UBS Group lifted their target price on shares of Brixmor Property Group from $29.00 to $31.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Piper Sandler boosted their target price on shares of Brixmor Property Group from $31.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Finally, Scotiabank lowered their price target on shares of Brixmor Property Group from $30.00 to $29.00 and set a “sector outperform” rating on the stock in a report on Wednesday, January 14th. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $31.18.

Brixmor Property Group Price Performance

NYSE:BRX opened at $28.70 on Thursday. The firm’s fifty day moving average is $28.43 and its two-hundred day moving average is $27.28. The firm has a market cap of $8.81 billion, a price-to-earnings ratio of 22.77, a PEG ratio of 2.65 and a beta of 1.06. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.11 and a current ratio of 1.11. Brixmor Property Group has a one year low of $22.28 and a one year high of $30.70.

Brixmor Property Group (NYSE:BRX) last released its quarterly earnings data on Monday, February 9th. The real estate investment trust reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.01. Brixmor Property Group had a return on equity of 13.00% and a net margin of 28.16%.The business had revenue of $353.75 million during the quarter, compared to analyst estimates of $347.42 million. During the same quarter last year, the business posted $0.53 EPS. The company’s revenue was up 7.7% on a year-over-year basis. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. Research analysts expect that Brixmor Property Group will post 2.22 EPS for the current year.

Insider Activity

In related news, Director Julie Bowerman sold 8,000 shares of Brixmor Property Group stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $29.03, for a total value of $232,240.00. Following the sale, the director owned 18,400 shares of the company’s stock, valued at approximately $534,152. This trade represents a 30.30% 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. 0.75% of the stock is owned by company insiders.

Hedge Funds Weigh In On Brixmor Property Group

A number of large investors have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC raised its position in Brixmor Property Group by 4.6% during the 4th quarter. NewEdge Advisors LLC now owns 8,657 shares of the real estate investment trust’s stock worth $227,000 after buying an additional 384 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of Brixmor Property Group by 17.4% in the third quarter. Parallel Advisors LLC now owns 2,681 shares of the real estate investment trust’s stock valued at $74,000 after acquiring an additional 398 shares in the last quarter. Quadrant Capital Group LLC boosted its holdings in shares of Brixmor Property Group by 2.5% in the third quarter. Quadrant Capital Group LLC now owns 19,283 shares of the real estate investment trust’s stock valued at $534,000 after acquiring an additional 465 shares in the last quarter. Compound Planning Inc. increased its stake in shares of Brixmor Property Group by 5.4% during the fourth quarter. Compound Planning Inc. now owns 9,117 shares of the real estate investment trust’s stock worth $239,000 after acquiring an additional 466 shares during the period. Finally, Park Avenue Securities LLC increased its stake in shares of Brixmor Property Group by 1.3% during the third quarter. Park Avenue Securities LLC now owns 36,195 shares of the real estate investment trust’s stock worth $1,002,000 after acquiring an additional 478 shares during the period. 98.43% of the stock is currently owned by institutional investors and hedge funds.

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.