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Friday, September 29, 2023

Analyst Expects Brixmor Property Group Inc. (NYSE: BRX) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Brixmor Property Group Inc. (BRX) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $21.88. The Brixmor Property Group Inc. has recorded 21,754 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Brixmor Property Group To Present At BofA Securities 2023 Global Real Estate Conference.

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Stocks Info

As a NYSE listed company, BRX falls under the Real Estate sector while operating within the REIT – Retail industry segment. The current market capitalization of Brixmor Property Group Inc. is $6.57B. A total of 1.93 million shares were traded on the day, compared to an average of 1.99M shares.

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, BRX has seen 1 BUY and 0 SELL insider trades, representing the acquisition of 2,216 and the disposition of 0 shares. Over the last 12 months, there were 47 BUYs and 43 SELLs from insiders. Insiders purchased 703,602 shares during that period but sold 372,311.

In the most recent transaction, Aman Angela M sold 12,500 shares of BRX for 23.04 per share on Feb 15. After the transaction, the EVP, Chief Financial Officer now owns 162,054 company shares. In a previous transaction on Dec 02, Berman Michael B sold 15,000 shares at 22.96 per share. BRX shares that Director owns now total 45,146.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Brixmor Property Group Inc. pays an annual dividend of $1.04, resulting in a dividend yield of 4.75%, and it has a price to earnings (P/E) ratio of 18.68. BRX’s most recent ex-dividend date was 10/2/2023 when it declared a $0.26 quarterly dividend that was paid in cash on 10/16/2023. Previously, the company paid the dividend on 7/17/2023 with an ex-dividend date of 7/3/2023. The BRX stock dividend was $0.26 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for BRX in the last 3 months, the mean price target is $25.50 with high estimates of $30.00 and low estimates of $22.00. In terms of 52-week highs and lows, BRX has a high of $24.26 and a low of $17.62.

As of this writing, BRX has an earnings estimate of $0.2 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.21 per share and a lower estimate of $0.2. The company reported an EPS of $0.37 in the last quarter, which was 85.00% higher than expectations of $0.2.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. BRX’s latest balance sheet shows that the firm has $316.86M in Cash & Short Term Investments as of fiscal 2021. There were $5.20B in debt and $327.33M in liabilities at the time. Its Book Value Per Share was $9.56, while its Total Shareholder’s Equity was $2.72B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BRX is Buy with a score of 4.14.

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