Brixmor Property Group Inc. (BRX) attracts a new wave of investors despite economic turmoil

The price of Brixmor Property Group Inc. (NYSE: BRX) closed at $19.63 in the last session, down -1.90% from day before closing price of $20.01. In other words, the price has decreased by -$0.38 from its previous closing price. On the day, 2889453 shares were traded. BRX stock price reached its highest trading level at $19.93 during the session, while it also had its lowest trading level at $19.40.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.



We take a closer look at BRX’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 1.72 whereas as Long-Term Debt/Eq ratio is at 1.72.

Upgrades & Downgrades

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 15 when Aman Angela M sold 12,500 shares for $23.04 per share. The transaction valued at 288,000 led to the insider holds 162,054 shares of the business.

Berman Michael B sold 15,000 shares of BRX for $344,400 on Dec 02. The Director now owns 45,146 shares after completing the transaction at $22.96 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BRX now has a Market Capitalization of 6.34B and an Enterprise Value of 11.34B. As of this moment, Brixmor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.40, and their Forward P/E ratio for the next fiscal year is 21.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.83 while its Price-to-Book (P/B) ratio in mrq is 2.04. Its current Enterprise Value per Revenue stands at 9.21 whereas that against EBITDA is 12.21.

Stock Price History:

Over the past 52 weeks, BRX has reached a high of $24.52, while it has fallen to a 52-week low of $17.62. The 50-Day Moving Average of the stock is 20.63, while the 200-Day Moving Average is calculated to be 21.58.

Shares Statistics:

According to the various share statistics, BRX traded on average about 2.19M shares per day over the past 3-months and 1.78M shares per day over the past 10 days. A total of 300.82M shares are outstanding, with a floating share count of 298.27M. Insiders hold about 0.63% of the company’s shares, while institutions hold 99.40% stake in the company. Shares short for BRX as of Apr 27, 2023 were 4.27M with a Short Ratio of 3.68M, compared to 4.18M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.42% and a Short% of Float of 1.97%.

Dividends & Splits

The forward annual dividend rate for BRX is 1.04, which was 1.00 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 5.00%, it implies a Forward Annual Dividend Yield of 5.12%. The stock’s 5-year Average Dividend Yield is 5.28. The current Payout Ratio is 84.05% for BRX, which recently paid a dividend on Jul 16, 2023 with an ex-dividend date of Jul 02, 2023. Stock splits for the company last occurred on Nov 03, 2010 when the company split stock in a 3:1 ratio.

Earnings Estimates

The company has 4 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.21 for the current quarter, with a high estimate of $0.23 and a low estimate of $0.2, while EPS last year was $0.29. The consensus estimate for the next quarter is $0.2, with high estimates of $0.21 and low estimates of $0.19.

Analysts are recommending an EPS of between $1.02 and $0.96 for the fiscal current year, implying an average EPS of $0.99. EPS for the following year is $0.92, with 5 analysts recommending between $1.01 and $0.82.

Revenue Estimates

According to 6 analysts, the current quarter’s revenue is expected to be $306.31M. It ranges from a high estimate of $312.83M to a low estimate of $301.15M. As of the current estimate, Brixmor Property Group Inc.’s year-ago sales were $306.13M, an estimated increase of 0.10% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $308.78M, an increase of 2.30% over than the figure of $0.10% in the same quarter last year. There is a high estimate of $316.37M for the next quarter, whereas the lowest estimate is $301.92M.

A total of 8 analysts have provided revenue estimates for BRX’s current fiscal year. The highest revenue estimate was $1.27B, while the lowest revenue estimate was $1.21B, resulting in an average revenue estimate of $1.24B. In the same quarter a year ago, actual revenue was $1.22B, up 2.10% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $1.29B in the next fiscal year. The high estimate is $1.35B and the low estimate is $1.26B. The average revenue growth estimate for next year is up 4.10% from the average revenue estimate for this year.