In Tuesday’s Wall Street session, Brixmor Property Group Inc (NYSE:BRX) shares traded at $24.91, down -4.23% from the previous session.
BRX stock price is now -4.27% away from the 50-day moving average and -7.44% away from the 200-day moving average. The market capitalization of the company currently stands at $7.62B.
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With the price target enhanced from $28 to $33, Jefferies Upgraded its rating from Hold to Buy for Brixmor Property Group Inc (NYSE: BRX). On February 11, 2025, Evercore ISI Upgraded its previous ‘In-line’ rating to ‘Outperform’ on the stock increasing its target price from $31 to quote $31, while ‘BMO Capital Markets’ rates the stock as ‘Outperform’
In other news, Bowerman Julie, Director sold 13,200 shares of the company’s stock on Feb 26 ’25. The stock was sold for $362,931 at an average price of $27.49. Upon completion of the transaction, the Director now directly owns 17,868 shares in the company, valued at $0.45 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 26 ’25, SIEGEL STEVEN F sold 14,540 shares of the business’s stock. A total of $400,577 was realized by selling the stock at an average price of $27.55. This leaves the insider owning 338,117 shares of the company worth $8.42 million. A total of 0.81% of the company’s stock is owned by insiders.
During the past 12 months, Brixmor Property Group Inc has had a low of $21.32 and a high of $30.67. The fifty day moving average price for BRX is $26.0222 and a two-hundred day moving average price translates $26.91205 for the stock.
The latest earnings results from Brixmor Property Group Inc (NYSE: BRX) was released for 2025-03-31. The net profit margin was 24.36% and return on equity was 10.99% for BRX. The company reported revenue of $337.51 million for the quarter, compared to $320.24 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.39 percent.
