Brixmor Property Group (NYSE:BRX) Issues Earnings Results

Brixmor Property Group (NYSE:BRX) posted its earnings results on Monday. The real estate investment trust reported $0.24 earnings per share for the quarter, hitting the consensus estimate of $0.24, FiscalAI reports. The firm had revenue of $354.20 million during the quarter, compared to the consensus estimate of $354.39 million. Brixmor Property Group had a net margin of 31.99% and a return on equity of 14.85%. Brixmor Property Group updated its FY 2026 guidance to 2.350-2.370 EPS.

Brixmor Property Group Price Performance

NYSE:BRX traded down $0.10 during mid-day trading on Monday, hitting $32.34. 2,608,870 shares of the stock traded hands, compared to its average volume of 2,685,102. The business’s 50-day moving average price is $31.34 and its 200 day moving average price is $29.71. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 1.81. The company has a market cap of $9.92 billion, a PE ratio of 22.46, a price-to-earnings-growth ratio of 2.72 and a beta of 0.98. Brixmor Property Group has a 12-month low of $24.66 and a 12-month high of $32.86.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Los Angeles Capital Management LLC bought a new position in Brixmor Property Group in the 4th quarter worth about $129,000. Harvest Fund Management Co. Ltd bought a new stake in shares of Brixmor Property Group during the 3rd quarter valued at about $120,000. UMB Bank n.a. grew its holdings in shares of Brixmor Property Group by 19.6% during the fourth quarter. UMB Bank n.a. now owns 4,203 shares of the real estate investment trust’s stock worth $110,000 after purchasing an additional 689 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Brixmor Property Group by 523.9% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,500 shares of the real estate investment trust’s stock worth $97,000 after purchasing an additional 2,939 shares in the last quarter. Finally, Parallel Advisors LLC increased its position in shares of Brixmor Property Group by 34.2% in the fourth quarter. Parallel Advisors LLC now owns 3,597 shares of the real estate investment trust’s stock worth $94,000 after purchasing an additional 916 shares during the last quarter. 98.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Truist Financial raised their price objective on shares of Brixmor Property Group from $32.00 to $33.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. Piper Sandler increased their target price on Brixmor Property Group from $34.00 to $40.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 21st. Stifel Nicolaus boosted their price objective on Brixmor Property Group from $29.75 to $31.00 and gave the company a “hold” rating in a research note on Tuesday, April 28th. KeyCorp increased their price objective on Brixmor Property Group from $32.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Brixmor Property Group in a research note on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $33.75.

Brixmor Property Group Company Profile

Brixmor Property Group is a publicly traded real estate investment trust (REIT) focused on the ownership, management and development of open-air shopping centers across the United States. The company acquires and leases retail properties that feature everyday, necessity-based tenants such as grocery stores, discount retailers, and service providers. Brixmor’s core strategy centers on generating stable, long-term income streams through tenant relationships and targeted property enhancements.

The company’s main business activities include proactive leasing, property upkeep and capital improvement projects designed to maximize occupancy and tenant satisfaction.