The price of Brixmor Property Group Inc (NYSE: BRX) closed at $22.02 in the last session, down -0.45% from day before closing price of $22.12. In other words, the price has decreased by -$0.10 from its previous closing price. On the day, 2971677 shares were traded.
Ratios:
We take a closer look at BRX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 351.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.23. In the meantime, Its Debt-to-Equity ratio is 1.77 whereas as Long-Term Debt/Eq ratio is at 1.67.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Mizuho on February 23, 2024, Downgraded its rating to Neutral and sets its target price to $24 from $23 previously.
On January 30, 2024, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $27.
Scotiabank Upgraded its Sector Perform to Sector Outperform on September 05, 2023, while the target price for the stock was maintained at $25.
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 Mar 08 ’24 when Finnegan Brian T sold 7,500 shares for $23.00 per share. The transaction valued at 172,500 led to the insider holds 225,051 shares of the business.
Berman Michael B sold 10,475 shares of BRX for $239,040 on Mar 06 ’24. The Director now owns 40,556 shares after completing the transaction at $22.82 per share. On Feb 15 ’24, another insider, Finnegan Brian T, who serves as the insider of the company, sold 7,500 shares for $23.00 each. As a result, the insider received 172,500 and left with 232,551 shares of the company.
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 6.63B and an Enterprise Value of 11.55B. As of this moment, Brixmor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.85, and their Forward P/E ratio for the next fiscal year is 23.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.33 while its Price-to-Book (P/B) ratio in mrq is 2.32. Its current Enterprise Value per Revenue stands at 9.27 whereas that against EBITDA is 13.46.
Stock Price History:
Over the past 52 weeks, BRX has reached a high of $24.47, while it has fallen to a 52-week low of $19.40. The 50-Day Moving Average of the stock is 22.66, while the 200-Day Moving Average is calculated to be 22.09.
Shares Statistics:
According to the various share statistics, BRX traded on average about 2.64M shares per day over the past 3-months and 2.2M shares per day over the past 10 days. A total of 300.60M shares are outstanding, with a floating share count of 299.03M. Insiders hold about 0.75% of the company’s shares, while institutions hold 101.40% stake in the company. Shares short for BRX as of Mar 15, 2024 were 9.46M with a Short Ratio of 3.58, compared to 10.68M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.14% and a Short% of Float of 4.37%.
Dividends & Splits
The forward annual dividend rate for BRX is 1.06, which was 1.05 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 4.76%, it implies a Forward Annual Dividend Yield of 4.68%. The stock’s 5-year Average Dividend Yield is 4.98. The current Payout Ratio is 104.60% for BRX, which recently paid a dividend on Apr 15, 2024 with an ex-dividend date of Apr 01, 2024. Stock splits for the company last occurred on Nov 04, 2010 when the company split stock in a 3:1 ratio.
Earnings Estimates
The company has 8 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 $0.37. The consensus estimate for the next quarter is $0.21, with high estimates of $0.23 and low estimates of $0.19.
Analysts are recommending an EPS of between $0.92 and $0.8 for the fiscal current year, implying an average EPS of $0.88. EPS for the following year is $0.95, with 8 analysts recommending between $1.04 and $0.84.
Revenue Estimates
According to 12 analysts, the current quarter’s revenue is expected to be $314.47M. It ranges from a high estimate of $319.28M to a low estimate of $305.67M. As of the current estimate, Brixmor Property Group Inc’s year-ago sales were $311.13M, an estimated increase of 1.10% from the year-ago figure. For the next quarter, 12 analysts are estimating revenue of $316.15M, an increase of 2.30% over than the figure of $1.10% in the same quarter last year. There is a high estimate of $320.9M for the next quarter, whereas the lowest estimate is $305.88M.
A total of 13 analysts have provided revenue estimates for BRX’s current fiscal year. The highest revenue estimate was $1.3B, while the lowest revenue estimate was $1.23B, resulting in an average revenue estimate of $1.28B. In the same quarter a year ago, actual revenue was $1.25B, up 2.40% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $1.33B in the next fiscal year. The high estimate is $1.37B and the low estimate is $1.29B. The average revenue growth estimate for next year is up 4.70% from the average revenue estimate for this year.
