Brixmor Property Group Inc (NYSE: BRX) is -1.58% 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 $27.49 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $27.40, the stock is 1.96% and 1.37% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.34 million and changing -0.33% at the moment leaves the stock 4.66% off its SMA200. BRX registered 20.33% gain for a year compared to 6-month loss of 1.03%.
The stock witnessed a 1.63% gain in the last 1 month and extending the period to 3 months gives it a -7.84%, and is 0.15% 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 1.80% over the week and 2.25% over the month.
Brixmor Property Group Inc (BRX) has around 454 employees, a market worth around $8.38B and $1.29B in sales. Current P/E ratio is 24.59 and Fwd P/E is 27.06. Profit margin for the company is 26.30%. Distance from 52-week low is 31.76% and -10.66% from its 52-week high. The company has generated returns on investments over the last 12 months (4.38%).
The EPS is expected to shrink by -16.99% this year
The shares outstanding are 305.49M, and float is at 303.37M with Short Float at 3.40%.
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 5.0385 and valued at over $$351.57 million, while FRANKLIN RESOURCES INC holds 4.4545 of the shares totaling 13.46 million with a market value of $$310.82 million.
Brixmor Property Group Inc (BRX) Insider Activity
Still, SEC filings show that on Jan 02 ’25, Finnegan Brian T disposed off 30,000 shares at an average price of $27.62 for $0.83 million. The insider now directly holds 230,561 shares of Brixmor Property Group Inc (BRX).
