Currently, there are 302.06M common shares owned by the public and among those 299.83M shares have been available to trade.
The company’s stock has a 5-day price change of -3.25% and -0.36% over the past three months. BRX shares are trading 19.12% year to date (YTD), with the 12-month market performance up to 18.31% higher. It has a 12-month low price of $20.80 and touched a high of $30.67 over the same period. BRX has an average intraday trading volume of 2.07 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -4.38%, -3.19%, and 9.90% respectively.
Institutional ownership of Brixmor Property Group Inc (NYSE: BRX) shares accounts for 97.54% of the company’s 302.06M shares outstanding.
It has a market capitalization of $8.37B and a beta (3y monthly) value of 1.58. The stock’s trailing 12-month PE ratio is 25.58, while the earnings-per-share (ttm) stands at $1.08. The company has a PEG of 5.14 and the debt-to-equity ratio at 1.89. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.74% over the week and 1.75% over the month.
Analysts forecast that Brixmor Property Group Inc (BRX) will achieve an EPS of 0.22 for the current quarter, 0.24 for the next quarter and 0.96 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.21 while analysts give the company a high EPS estimate of 0.21. Comparatively, EPS for the current quarter was 0.22 a year ago. Earnings per share for the fiscal year are expected to increase by 2.83%, and -6.24% over the next financial year. EPS should grow at an annualized rate of 4.98% over the next five years, compared to -3.63% over the past 5-year period.
Looking at the support for the BRX, a number of firms have released research notes about the stock. BMO Capital Markets stated their Outperform rating for the stock in a research note on December 06, 2024, with the firm’s price target at $30-$33. Mizuho coverage for the Brixmor Property Group Inc (BRX) stock in a research note released on February 23, 2024 offered a Neutral rating with a price target of $24. Deutsche Bank was of a view on January 30, 2024 that the stock is Buy, while Scotiabank gave the stock Sector Outperform rating on September 05, 2023, issuing a price target of $25. Goldman on their part issued Buy rating on August 16, 2023.
