Brixmor Property Group (BRX) to Release Quarterly Earnings on Monday

Brixmor Property Group (NYSE:BRX - Get Free Report) will likely be posting its quarterly earnings results after the market closes on Monday, February 10th. Analysts expect Brixmor Property Group to post earnings of $0.22 per share and revenue of $328.78 million for the quarter. Parties that wish to register for the company's conference call can do so using this link.

Brixmor Property Group Price Performance

Shares of NYSE:BRX traded up $0.20 on Thursday, hitting $26.18. The company had a trading volume of 2,166,910 shares, compared to its average volume of 2,359,830. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 1.85. The company has a market cap of $7.91 billion, a PE ratio of 24.24, a PEG ratio of 3.60 and a beta of 1.58. Brixmor Property Group has a 52-week low of $20.80 and a 52-week high of $30.67. The business has a 50 day moving average of $27.42 and a 200 day moving average of $27.35.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on BRX shares. Mizuho upped their target price on shares of Brixmor Property Group from $28.00 to $31.00 and gave the company a "neutral" rating in a report on Tuesday, December 10th. BMO Capital Markets raised shares of Brixmor Property Group from a "market perform" rating to an "outperform" rating and upped their price objective for the company from $30.00 to $33.00 in a research note on Friday, December 6th. Scotiabank lifted their target price on shares of Brixmor Property Group from $29.00 to $32.00 and gave the stock a "sector outperform" rating in a research note on Monday, November 25th. Wells Fargo & Company reduced their price target on 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. Finally, Evercore ISI decreased their price objective on Brixmor Property Group from $32.00 to $31.00 and set an "in-line" rating on the stock in a report on Tuesday, December 24th. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Brixmor Property Group has an average rating of "Moderate Buy" and an average price target of $30.38.

Insider Transactions at Brixmor Property Group

In related news, insider Steven F. Siegel sold 25,000 shares of Brixmor Property Group stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $29.54, for a total transaction of $738,500.00. Following the transaction, the insider now owns 315,004 shares in the company, valued at approximately $9,305,218.16. The trade was a 7.35 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.76% of the company's stock.

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.