There Is A Quest For Clarity Surrounding Brixmor Property Group Inc (NYSE: BRX) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that BRIXMOR PROPERTY GROUP ANNOUNCES TAX REPORTING INFORMATION FOR 2023 DISTRIBUTIONS.

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Stocks Info

This NYSE-listed company operates within the REIT – Retail industry segment, falling under the Real Estate sector. The current market capitalization of Brixmor Property Group Inc is $6.75B. A total of 3.1 million shares were traded on the day, compared to an average of 2.35M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, BRX has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 18 BUYs and 12 SELLs from insiders. Insiders purchased 278,600 shares during that period but sold 135,852.

In the most recent transaction, Finnegan Brian T sold 7,500 shares of BRX for 23.26 per share on Jan 02. After the transaction, the insider now owns 213,549 company shares. In a previous transaction on Dec 14, Aman Angela M sold 10,000 shares at 24.00 per share. BRX shares that President, CFO and Treasurer owns now total 152,054.

Among the insiders who sold shares, Finnegan Brian T disposed of 7,500 shares on Dec 13 at a per-share price of $23.00. This resulted in the insider holding 186,873 shares of BRX after the transaction. In another insider transaction, Aman Angela M sold 12,500 shares at $23.04 per share on Feb 15. Company shares held by the EVP, Chief Financial Officer now total 162,054.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Brixmor Property Group Inc pays an annual dividend of $1.05, resulting in a dividend yield of 4.68%, and it has a price to earnings (P/E) ratio of 20.03. BRX’s most recent ex-dividend date was 1/2/2024 when it declared a $0.2725 quarterly dividend that was paid in cash on 1/16/2024. Previously, the company paid the dividend on 10/16/2023 with an ex-dividend date of 10/2/2023. The BRX stock dividend was $0.26 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for BRX in the last 3 months, the mean price target is $25.71 with high estimates of $31.00 and low estimates of $22.00. In terms of 52-week highs and lows, BRX has a high of $24.47 and a low of $19.40.

As of this writing, BRX has an earnings estimate of $Boston Scientific Corporation per share for the current quarter. EPS was calculated based on a consensus of Blackstone Inc. estimates, with a high estimate of $BioCryst Pharmaceuticals, Inc. per share and a lower estimate of $ImmunityBio, Inc.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. BRX’s latest balance sheet shows that the firm has $316.86M in Cash & Short Term Investments as of fiscal 2021. There were $5.16B in debt and $790.86M in liabilities at the time. Its Book Value Per Share was $9.54, 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 4.20.

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