Brixmor Property Group Inc (NYSE: BRX) is 21.74% higher on its value in year-to-date trading and has touched a low of $20.69 and a high of $28.45 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 $27.94 in the last trading session, with the day’s gains setting it 0.39%.
Currently trading at $28.33, the stock is 2.62% and 2.74% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.63 million and changing 1.40% at the moment leaves the stock 17.34% off its SMA200. BRX registered 30.31% gain for a year compared to 6-month gain of 26.70%. The firm has a 50-day simple moving average (SMA 50) of $27.555 and a 200-day simple moving average (SMA200) of $24.1146.
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The stock witnessed a 3.89% loss in the last 1 month and extending the period to 3 months gives it a 13.59%, and is 2.94% up 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 2.44% over the week and 1.90% over the month.
Brixmor Property Group Inc (BRX) has around 513 employees, a market worth around $8.56B and $1.28B in sales. Current P/E ratio is 26.15 and Fwd P/E is 29.35. Profit margin for the company is 25.70%. Distance from 52-week low is 36.93% and -0.44% from its 52-week high. The company has generated returns on investments over the last 12 months (3.93%).
with sales reaching $327.09M over the same period.The EPS is expected to shrink by -1.55% this year, but quarterly earnings will post 2.90% year-over-year. Quarterly sales are estimated to grow 3.40% in year-over-year returns.
Brixmor Property Group Inc (BRX) Top Institutional Holders
541.0 institutions hold shares in Brixmor Property Group Inc (BRX), with institutional investors hold 100.33% of the company’s shares. The shares outstanding are 300.60M, and float is at 299.80M with Short Float at 3.20%. Institutions hold 99.47% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 45.62 million shares valued at $1.05 billion. The investor’s holdings represent 15.1058% of the BRX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 36.54 million shares valued at $843.76 million to account for 12.0993 of the shares outstanding. The other top investors are STATE STREET CORP which holds 15.23 million shares representing 5.0414% and valued at over $351.57 million, while FRANKLIN RESOURCES INC holds 4.4571 of the shares totaling 13.46 million with a market value of $310.82 million.
Brixmor Property Group Inc (BRX) Insider Activity
The most recent transaction is an insider sale by Crosland Sheryl Maxwell, the company’s Director. SEC filings show that Crosland Sheryl Maxwell sold 5,000 shares of the company’s common stock on Aug 14 ’24 at a price of $25.45 per share for a total of $0.13 million. Following the sale, the insider now owns 46291.0 shares.
Still, SEC filings show that on Aug 12 ’24, Berman Michael B (Director) disposed off 10,000 shares at an average price of $25.17 for $0.25 million. The insider now directly holds 36,068 shares of Brixmor Property Group Inc (BRX).
