Brixmor Property Group Inc (BRX) concluded trading on Thursday ata closing price of $25.87, with 3.02 million shares of worth about $78.25 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 13.46% during that period and on August 15, 2024 the price saw a gain of about 1.81%. Currently the company’s common shares owned by public are about 300.60M shares, out of which, 299.07M shares are available for trading.
Stock saw a price change of 2.62% in past 5 days and over the past one month there was a price change of 5.55%. Year-to-date (YTD), BRX shares are showing a performance of 11.17% which increased to 16.48% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $19.46 but also hit the highest price of $26.41 during that period. The average intraday trading volume for Brixmor Property Group Inc shares is 2.02 million. The stock is currently trading 3.52% above its 20-day simple moving average (SMA20), while that difference is up 9.34% for SMA50 and it goes to 14.26% higher than SMA200.
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Brixmor Property Group Inc (NYSE: BRX) currently have 300.60M outstanding shares and institutions hold larger chunk of about 100.85% of that.
The stock has a current market capitalization of $7.80B and its 3Y-monthly beta is at 1.54. PE ratio of stock for trailing 12 months is 26.53, while it has posted earnings per share of $0.98 in the same period. Its PEG reads 17.69 while making debt-to-equity ratio of 1.92. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BRX, volatility over the week remained 1.84% while standing at 2.33% over the month.
Stock’s fiscal year EPS is expected to drop by -5.45% while it is estimated to increase by 0.43% in next year. EPS is likely to grow at an annualized rate of 1.50% for next 5-years, compared to annual growth of -3.63% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Mizuho on February 23, 2024 offering a Neutral rating for the stock and assigned a target price range of between $23 and $24 to it. Coverage by Deutsche Bank stated Brixmor Property Group Inc (BRX) stock as a Buy in their note to investors on January 30, 2024, suggesting a price target of $27 for the stock. On September 05, 2023, Scotiabank Upgrade their recommendations, while on August 16, 2023, Goldman Upgrade their ratings for the stock with a price target of $27. Stock get an Equal weight rating from Wells Fargo on May 24, 2023.
