Key Points
- Insider sale: Director Julie Bowerman sold 8,000 shares on Feb. 12 at an average price of $29.03 for about $232,240, cutting her position by 30.3% to 18,400 shares (worth roughly $534,152).
- Earnings & guidance: Brixmor topped Q results with $0.58 EPS vs. $0.57 expected and $353.8M revenue (up 7.7% YoY), and set FY2026 guidance of $2.33–$2.37 EPS while analysts hold a consensus "Moderate Buy" and $30 price target.
- Dividend: The company declared a quarterly dividend of $0.3075 ($1.23 annualized) for a 4.2% yield with an ex-dividend date of April 2, and a high payout ratio of 97.62%.
Brixmor Property Group Inc. (NYSE:BRX - Get Free Report) Director Julie Bowerman sold 8,000 shares of the stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $29.03, for a total value of $232,240.00. Following the sale, the director owned 18,400 shares in the company, valued at $534,152. The trade was a 30.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Brixmor Property Group Trading Up 0.8%
Shares of BRX opened at $29.27 on Friday. Brixmor Property Group Inc. has a twelve month low of $22.28 and a twelve month high of $29.42. The company has a current ratio of 1.11, a quick ratio of 1.19 and a debt-to-equity ratio of 1.83. The company's fifty day simple moving average is $26.46 and its 200-day simple moving average is $26.75. The company has a market cap of $8.97 billion, a P/E ratio of 23.23, a P/E/G ratio of 2.57 and a beta of 1.10.
Brixmor Property Group (NYSE:BRX - Get Free Report) last posted its quarterly earnings data on Monday, February 9th. The real estate investment trust reported $0.58 earnings per share for the quarter, topping analysts' consensus estimates of $0.57 by $0.01. Brixmor Property Group had a net margin of 28.16% and a return on equity of 13.00%. The company had revenue of $353.75 million for the quarter, compared to analyst estimates of $347.42 million. During the same period in the prior year, the company posted $0.53 EPS. The firm's revenue for the quarter was up 7.7% on a year-over-year basis. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. As a group, analysts expect that Brixmor Property Group Inc. will post 2.22 EPS for the current year.
Brixmor Property Group Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Thursday, April 2nd will be paid a $0.3075 dividend. This represents a $1.23 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Thursday, April 2nd. Brixmor Property Group's dividend payout ratio is currently 97.62%.
Institutional Trading of Brixmor Property Group
A number of institutional investors have recently bought and sold shares of the stock. Clearstead Advisors LLC increased its stake in Brixmor Property Group by 96.9% during the 4th quarter. Clearstead Advisors LLC now owns 1,006 shares of the real estate investment trust's stock valued at $26,000 after purchasing an additional 495 shares in the last quarter. Mather Group LLC. purchased a new stake in shares of Brixmor Property Group during the third quarter valued at $28,000. Loomis Sayles & Co. L P grew its holdings in shares of Brixmor Property Group by 1,215.1% during the fourth quarter. Loomis Sayles & Co. L P now owns 1,223 shares of the real estate investment trust's stock valued at $32,000 after buying an additional 1,130 shares during the last quarter. Quent Capital LLC acquired a new position in shares of Brixmor Property Group in the 3rd quarter valued at $35,000. Finally, Atlantic Edge Private Wealth Management LLC purchased a new position in Brixmor Property Group in the 4th quarter worth $42,000. 98.43% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research firms have commented on BRX. JPMorgan Chase & Co. raised their price objective on Brixmor Property Group from $29.00 to $30.00 and gave the stock an "overweight" rating in a report on Wednesday, October 29th. Scotiabank lowered their target price on Brixmor Property Group from $30.00 to $29.00 and set a "sector outperform" rating for the company in a report on Wednesday, January 14th. Wells Fargo & Company began coverage on Brixmor Property Group in a report on Tuesday, October 21st. They issued an "equal weight" rating and a $28.00 price target on the stock. Weiss Ratings restated a "buy (b-)" rating on shares of Brixmor Property Group in a research note on Monday, December 22nd. Finally, UBS Group lifted their price objective on shares of Brixmor Property Group from $29.00 to $31.00 and gave the stock a "buy" rating in a research report on Thursday, January 8th. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $30.00.
View Our Latest Research Report on Brixmor Property Group
About Brixmor Property Group
(
Get Free Report)
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.
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