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Brixmor Property Group Inc (BRX) Stock Could Soon Reward Patient Investors

Brixmor Property Group Inc (NYSE: BRX) is 7.78% higher on its value in year-to-date trading and has touched a low of $19.46 and a high of $26.41 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BRX stock was last observed hovering at around $24.64 in the last trading session, with the day’s gains setting it 0.44%.

Currently trading at $25.08, the stock is 2.70% and 8.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.35 million and changing 1.79% at the moment leaves the stock 11.66% off its SMA200. BRX registered 11.42% gain for a year compared to 6-month gain of 13.95%.

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The stock witnessed a 11.07% loss in the last 1 month and extending the period to 3 months gives it a 13.28%, and is -4.93% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.79% over the week and 2.20% over the month.

Brixmor Property Group Inc (BRX) has around 513 employees, a market worth around $7.56B and $1.26B in sales. Current P/E ratio is 25.72 and Fwd P/E is 26.15. Profit margin for the company is 23.39%. Distance from 52-week low is 28.88% and -5.03% from its 52-week high. The company has generated returns on investments over the last 12 months (3.53%).

with sales reaching $320.08M over the same period.The EPS is expected to shrink by -5.45% this year, but quarterly earnings will post 3.10% year-over-year. Quarterly sales are estimated to grow 4.20% in year-over-year returns.

Brixmor Property Group Inc (BRX) Top Institutional Holders

The shares outstanding are 300.60M, and float is at 299.07M with Short Float at 3.27%.

Brixmor Property Group Inc (BRX) Insider Activity

Brixmor Property Group Inc disclosed in a document filed with the SEC on Jul 30 ’24 that SIEGEL STEVEN F () sold a total of 10,000 shares of the company’s common stock. The trade occurred on Jul 30 ’24 and was made at $25.10 per share for $0.25 million. Following the transaction, the insider now directly holds 0.34 million shares of the BRX stock.

Still, SEC filings show that on Jul 17 ’24, SIEGEL STEVEN F () disposed off 10,000 shares at an average price of $24.50 for $0.24 million. The insider now directly holds 350,004 shares of Brixmor Property Group Inc (BRX).

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