Brixmor Property Group (NYSE:BRX) Updates FY 2025 Earnings Guidance

Brixmor Property Group (NYSE:BRX - Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 2.190-2.240 for the period, compared to the consensus estimate of 2.220. The company issued revenue guidance of -.

Brixmor Property Group Stock Up 1.9 %

Shares of BRX traded up $0.53 during trading hours on Thursday, hitting $28.12. 3,774,487 shares of the company were exchanged, compared to its average volume of 2,607,503. The company has a market cap of $8.49 billion, a PE ratio of 26.03, a PEG ratio of 2.54 and a beta of 1.58. The firm's 50 day moving average is $27.16 and its 200-day moving average is $27.45. Brixmor Property Group has a 52 week low of $20.80 and a 52 week high of $30.67. The company has a debt-to-equity ratio of 1.85, a quick ratio of 1.38 and a current ratio of 1.38.

Brixmor Property Group (NYSE:BRX - Get Free Report) last released its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.31. Brixmor Property Group had a return on equity of 11.48% and a net margin of 25.81%. On average, equities research analysts forecast that Brixmor Property Group will post 2.14 EPS for the current fiscal year.

Brixmor Property Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Wednesday, April 2nd will be paid a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a dividend yield of 4.09%. The ex-dividend date is Wednesday, April 2nd. This is an increase from Brixmor Property Group's previous quarterly dividend of $0.29. Brixmor Property Group's dividend payout ratio is 106.48%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on BRX shares. Mizuho increased their target price on Brixmor Property Group from $28.00 to $31.00 and gave the company a "neutral" rating in a research note on Tuesday, December 10th. Wells Fargo & Company decreased their target price on Brixmor Property Group from $29.00 to $27.00 and set an "equal weight" rating for the company in a research note on Wednesday, January 29th. KeyCorp increased their target price on Brixmor Property Group from $28.00 to $32.00 and gave the company an "overweight" rating in a research note on Tuesday, November 12th. BMO Capital Markets raised Brixmor Property Group from a "market perform" rating to an "outperform" rating and increased their target price for the stock from $30.00 to $33.00 in a report on Friday, December 6th. Finally, Truist Financial increased their target price on Brixmor Property Group from $28.00 to $31.00 and gave the stock a "buy" rating in a report on Friday, November 15th. Four research 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, Brixmor Property Group presently has a consensus rating of "Moderate Buy" and an average price target of $30.69.

Insider Buying and Selling at Brixmor Property Group

In related news, insider Steven F. Siegel sold 25,000 shares of Brixmor Property Group stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $29.54, for a total value of $738,500.00. Following the sale, the insider now owns 315,004 shares of the company's stock, valued at approximately $9,305,218.16. The trade was a 7.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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.