rts logo

Are we looking at the next big move in Brixmor Property Group Inc (BRX)?

Brixmor Property Group Inc (NYSE: BRX) is -5.42% lower on its value in year-to-date trading and has touched a low of $20.80 and a high of $30.67 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BRX stock was last observed hovering at around $26.40 in the last trading session, with the day’s loss setting it -0.07%.

Currently trading at $26.33, the stock is -3.86% and -7.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.83 million and changing -0.27% at the moment leaves the stock 3.31% off its SMA200. BRX registered 15.43% gain for a year compared to 6-month gain of 10.21%. The firm has a 50-day simple moving average (SMA 50) of $28.4616 and a 200-day simple moving average (SMA200) of $25.47115.

The stock witnessed a -9.30% loss in the last 1 month and extending the period to 3 months gives it a -2.16%, and is -2.26% 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 2.22% over the week and 1.95% over the month.

Brixmor Property Group Inc (BRX) has around 513 employees, a market worth around $7.95B and $1.28B in sales. Current P/E ratio is 24.30 and Fwd P/E is 26.96. Profit margin for the company is 25.70%. Distance from 52-week low is 26.62% and -14.15% from its 52-week high. The company has generated returns on investments over the last 12 months (3.93%).

with sales reaching $327.05M over the same period.The EPS is expected to grow by 4.01% this year, but quarterly earnings will post 2.60% year-over-year. Quarterly sales are estimated to grow 3.34% in year-over-year returns.

Brixmor Property Group Inc (BRX) Top Institutional Holders

565.0 institutions hold shares in Brixmor Property Group Inc (BRX), with institutional investors hold 99.04% of the company’s shares. The shares outstanding are 302.06M, and float is at 299.63M with Short Float at 2.17%. Institutions hold 98.25% 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 Finnegan Brian T,. SEC filings show that Finnegan Brian T sold 30,000 shares of the company’s common stock on Jan 02 ’25 at a price of $27.62 per share for a total of $0.83 million. Following the sale, the insider now owns 0.23 million shares.

Still, SEC filings show that on Nov 20 ’24, SIEGEL STEVEN F disposed off 25,000 shares at an average price of $29.54 for $0.74 million. The insider now directly holds 315,004 shares of Brixmor Property Group Inc (BRX).

Related Posts