Brixmor Property Group Inc. (NYSE:BRX) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Brixmor Property Group Inc. (NYSE:BRX) have been assigned an average rating 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 given a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $33.75.

A number of analysts have recently commented on BRX shares. KeyCorp boosted 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. Weiss Ratings reiterated a “buy (b)” rating on shares of Brixmor Property Group in a report on Monday, May 4th. Evercore raised Brixmor Property Group to a “strong-buy” rating in a research report on Wednesday, April 29th. BMO Capital Markets boosted their target price on Brixmor Property Group from $35.00 to $37.00 and gave the company an “outperform” rating in a research note on Monday, June 15th. Finally, Jefferies Financial Group raised Brixmor Property Group to a “strong-buy” rating in a research report on Friday, June 26th.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in BRX. Vanguard Group Inc. boosted its stake in shares of Brixmor Property Group by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 44,986,376 shares of the real estate investment trust’s stock worth $1,179,543,000 after buying an additional 198,567 shares during the last quarter. State Street Corp grew its holdings in shares of Brixmor Property Group by 0.5% in the 2nd quarter. State Street Corp now owns 15,699,421 shares of the real estate investment trust’s stock valued at $408,813,000 after acquiring an additional 81,497 shares in the last quarter. Centersquare Investment Management LLC grew its holdings in shares of Brixmor Property Group by 22.5% in the 4th quarter. Centersquare Investment Management LLC now owns 12,384,526 shares of the real estate investment trust’s stock valued at $324,722,000 after acquiring an additional 2,275,242 shares in the last quarter. Invesco Ltd. increased its position in shares of Brixmor Property Group by 6.8% in the third quarter. Invesco Ltd. now owns 8,036,728 shares of the real estate investment trust’s stock valued at $222,457,000 after acquiring an additional 511,976 shares during the last quarter. Finally, Wellington Management Group LLP increased its position in shares of Brixmor Property Group by 49.6% in the third quarter. Wellington Management Group LLP now owns 6,395,999 shares of the real estate investment trust’s stock valued at $177,041,000 after acquiring an additional 2,119,890 shares during the last quarter. Institutional investors and hedge funds own 98.43% of the company’s stock.

Brixmor Property Group Trading Down 0.8%

BRX opened at $32.42 on Thursday. The stock has a market capitalization of $9.95 billion, a P/E ratio of 22.52, a P/E/G ratio of 2.74 and a beta of 0.98. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.81. Brixmor Property Group has a 12 month low of $24.66 and a 12 month high of $32.86. The firm’s fifty day simple moving average is $31.23 and its 200 day simple moving average is $29.62.

Brixmor Property Group (NYSE:BRX) last released its earnings results on Monday, April 27th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $354.82 million during the quarter, compared to analysts’ expectations of $349.43 million. During the same quarter in the prior year, the company earned $0.56 EPS. The company’s revenue 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. As a group, research analysts anticipate that Brixmor Property Group will post 2.36 EPS for the current fiscal year.

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.