Brixmor Property Group (BRX) Stock Price, News & Analysis

Company Overview

Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. Its 362 retail centers comprise approximately 64 million square feet of prime retail space in established trade areas. The Company strives to own and operate shopping centers that reflect Brixmor's vision to be the center of the communities we serve and are home to a diverse mix of thriving national, regional and local retailers. Brixmor is a proud real estate partner to over 5,000 retailers including The TJX Companies, The Kroger Co., Publix Super Markets and Ross Stores.

Key Stats

• Today's Range: $27.07 to $27.81
• 50-Day Range: $26.91 to $30.37
• 52-Week Range: $20.80 to $30.67
• Volume: 6.95 million shs
• Average Volume: 2.27 million shs
• Market Capitalization: $8.28 billion
• P/E Ratio: 25.37
• Dividend Yield: 4.20%
• Price Target: $29.96
• Consensus Rating: Moderate Buy

Brixmor Property Group Stock Analysis - MarketRank™

Brixmor Property Group scored higher than 90% of companies evaluated by MarketBeat, and ranked 57th out of 937 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Brixmor Property Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.69, and is based on 9 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Brixmor Property Group has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 3.74%

Earnings Growth

Earnings for Brixmor Property Group are expected to grow by 3.74% in the coming year, from $2.14 to $2.22 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Brixmor Property Group is 25.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.72.

Price to Earnings Ratio vs. Sector

The P/E ratio of Brixmor Property Group is 25.37, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.86.

Price to Earnings Growth Ratio

Brixmor Property Group has a PEG Ratio of 3.96. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Brixmor Property Group has a P/B Ratio of 2.89. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.84% of the outstanding shares of Brixmor Property Group have been sold short.

Short Interest Ratio / Days to Cover

Brixmor Property Group has a short interest ratio ("days to cover") of 4.1.

Change versus previous month

Short interest in Brixmor Property Group has recently decreased by 6.64%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Brixmor Property Group is a leading dividend payer. It pays a dividend yield of 3.80%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Brixmor Property Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Brixmor Property Group is 106.48%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Brixmor Property Group will have a dividend payout ratio of 51.80% next year. This indicates that Brixmor Property Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.8 / 5
• Environmental Score: -1.15

Percentage of Shares Shorted

2.84% of the outstanding shares of Brixmor Property Group have been sold short.

Short Interest Ratio / Days to Cover

Brixmor Property Group has a short interest ratio ("days to cover") of 4.1.

Change versus previous month

Short interest in Brixmor Property Group has recently decreased by 6.64%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.08

News Sentiment

Brixmor Property Group has a news sentiment score of 1.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.80 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Brixmor Property Group this week, compared to 6 articles on an average week.

Search Interest

Only 1 people have searched for BRX on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Brixmor Property Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $738,500.00 in company stock.

Percentage Held by Insiders

Only 0.76% of the stock of Brixmor Property Group is held by insiders.

Percentage Held by Institutions

98.43% of the stock of Brixmor Property Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BRX Stock Analysis - Frequently Asked Questions

How have BRX shares performed this year?

Brixmor Property Group's stock was trading at $23.27 on January 1st, 2024. Since then, BRX stock has increased by 17.7% and is now trading at $27.40.
View the best growth stocks for 2024 here.

How were Brixmor Property Group's earnings last quarter?

Brixmor Property Group Inc. (NYSE:BRX) issued its quarterly earnings data on Monday, October, 28th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by $0.21. The firm's revenue for the quarter was up 4.3% on a year-over-year basis.

Who are Brixmor Property Group's major shareholders?

Brixmor Property Group's top institutional investors include State Street Corp (5.00%), Franklin Resources Inc. (3.53%), Massachusetts Financial Services Co. MA (2.73%) and Wellington Management Group LLP (2.14%). Insiders that own company stock include James M Taylor Jr, Steven F Siegel, Brian T Finnegan, Angela M Aman, Sheryl Maxwell Crosland, Michael B Berman and Carolyn Carter Singh.
View institutional ownership trends.

How do I buy shares of Brixmor Property Group?

Shares of BRX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Brixmor Property Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Brixmor Property Group investors own include Chipotle Mexican Grill (CMG), Endologix (ELGX), APA (APA), Broadcom (AVGO), Home Depot (HD), Chevron (CVX) and JPMorgan Chase & Co. (JPM).

Company Calendar

• Ex-Dividend for 10/15 Dividend: 10/02/2024
• Dividend Payable: 10/15/2024
• Last Earnings: 10/28/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024
• Ex-Dividend for 1/15 Dividend: 1/03/2025
• Dividend Payable: 1/15/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NYSE:BRX
• CUSIP: N/A
• CIK: 1581068
• Web: www.brixmor.com
• Phone: (800) 869-3000
• Fax: N/A
• Employees: 500
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $29.96
• High Stock Price Target: $33.00
• Low Stock Price Target: $27.00
• Potential Upside/Downside: +9.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.69
• Research Coverage: 13 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.08
• Trailing P/E Ratio: 25.37
• Forward P/E Ratio: 12.80
• P/E Growth: 3.96
• Net Income: $305.09 million
• Net Margins: 25.81%
• Pretax Margin: 25.81%
• Return on Equity: 11.48%
• Return on Assets: 3.81%

Debt

• Debt-to-Equity Ratio: 1.85
• Current Ratio: 1.38
• Quick Ratio: 1.38

Sales & Book Value

• Annual Sales: $1.27 billion
• Price / Sales: 6.50
• Cash Flow: $2.07 per share
• Price / Cash Flow: 13.25
• Book Value: $9.48 per share
• Price / Book: 2.89

Miscellaneous

• Outstanding Shares: 302,063,000
• Free Float: 299,767,000
• Market Cap: $8.28 billion
• Optionable: Optionable
• Beta: 1.58