Brixmor Property Group (BRX) Projected to Post Quarterly Earnings on Monday

Brixmor Property Group (NYSE:BRX - Get Free Report) is expected to release its Q1 2025 earnings data after the market closes on Monday, April 28th. Analysts expect the company to announce earnings of $0.55 per share and revenue of $329.81 million for the quarter. Brixmor Property Group has set its FY 2025 guidance at 2.190-2.240 EPS.

Brixmor Property Group (NYSE:BRX - Get Free Report) last posted its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.22 by $0.31. Brixmor Property Group had a net margin of 26.40% and a return on equity of 11.72%. On average, analysts expect Brixmor Property Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Brixmor Property Group Stock Up 0.4 %

Shares of BRX stock traded up $0.11 on Wednesday, hitting $25.80. The stock had a trading volume of 2,156,089 shares, compared to its average volume of 2,213,467. Brixmor Property Group has a 52-week low of $21.32 and a 52-week high of $30.67. The firm has a market capitalization of $7.89 billion, a price-to-earnings ratio of 23.24, a P/E/G ratio of 2.66 and a beta of 1.30. The company has a debt-to-equity ratio of 1.79, a quick ratio of 1.16 and a current ratio of 1.16. The stock's 50 day moving average is $26.03 and its 200-day moving average is $27.18.

Brixmor Property Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Wednesday, April 2nd were given a $0.2875 dividend. This is a boost from Brixmor Property Group's previous quarterly dividend of $0.29. This represents a $1.15 dividend on an annualized basis and a yield of 4.46%. The ex-dividend date of this dividend was Wednesday, April 2nd. Brixmor Property Group's dividend payout ratio is presently 103.60%.

Wall Street Analyst Weigh In

BRX has been the topic of several recent analyst reports. Wells Fargo & Company cut their price target on shares of Brixmor Property Group from $27.00 to $26.00 and set an "equal weight" rating on the stock in a report on Wednesday, March 26th. Scotiabank cut their target price on shares of Brixmor Property Group from $32.00 to $30.00 and set a "sector outperform" rating on the stock in a research note on Friday, February 28th. Stifel Nicolaus decreased their price target on Brixmor Property Group from $31.75 to $31.25 and set a "hold" rating for the company in a research note on Tuesday, February 11th. Evercore ISI upgraded Brixmor Property Group from an "in-line" rating to an "outperform" rating and set a $31.00 price objective for the company in a research report on Tuesday, February 11th. Finally, Jefferies Financial Group upgraded Brixmor Property Group from a "hold" rating to a "buy" rating and raised their target price for the company from $28.00 to $33.00 in a research note on Friday, February 14th. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $30.48.

About Brixmor Property Group

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.