Brixmor Property Group (NYSE:BRX) Posts Quarterly Earnings Results, Beats Expectations By $0.31 EPS

Brixmor Property Group (NYSE:BRX) issued its earnings results on Monday. The real estate investment trust reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.31, Zacks reports. Brixmor Property Group had a return on equity of 11.48% and a net margin of 25.81%. Brixmor Property Group updated its FY 2025 guidance to 2.190-2.240 EPS.

Brixmor Property Group Price Performance

NYSE:BRX opened at $26.20 on Tuesday. Brixmor Property Group has a 52-week low of $20.80 and a 52-week high of $30.67. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 1.85. The firm has a market cap of $7.91 billion, a P/E ratio of 24.25, a PEG ratio of 2.54 and a beta of 1.58. The business’s 50-day moving average price is $27.28 and its 200 day moving average price is $27.42.

Insider Activity

In related news, insider Steven F. Siegel sold 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $29.54, for a total value of $738,500.00. Following the sale, the insider now directly owns 315,004 shares in the company, valued at $9,305,218.16. The trade was a 7.35 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Scotiabank increased their price objective on shares of Brixmor Property Group from $29.00 to $32.00 and gave the stock a “sector outperform” rating in a report on Monday, November 25th. Wells Fargo & Company dropped their price target on shares of Brixmor Property Group from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research note on Wednesday, January 29th. Truist Financial boosted their price objective on Brixmor Property Group from $28.00 to $31.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Stifel Nicolaus raised their target price on Brixmor Property Group from $25.50 to $27.50 and gave the company a “hold” rating in a research report on Tuesday, October 29th. Finally, BMO Capital Markets upgraded Brixmor Property Group from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $30.00 to $33.00 in a research report on Friday, December 6th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.38.

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.