While in the same Quarter Previous year, the Actual EPS was $0.31.
The company is now down from yesterday's close of 18.25. Currently, the stock has a 1 Year Price Target of $21.87. The company's a year ago sales total was 324030. Zacks Investment Research cut Brixmor Property Group from a "hold" rating to a "sell" rating in a report on Tuesday, July 18th. The stock of Brixmor Property Group Inc (NYSE:BRX) has "Buy" rating given on Tuesday, September 8 by Evercore. The real estate investment trust reported $0.51 EPS for the quarter, meeting the Zacks' consensus estimate of $0.51.
In the most updated research from a number of analysts on Wall Street, the company gets 9 Buys and 0 Sell among 16 analysts. Brixmor Property Group had a return on equity of 11.08% and a net margin of 25.14%. The firm had revenue of $314.50 million for the quarter, compared to analysts' expectations of $317.31 million. Ww Asset Mngmt Incorporated holds 0.01% of its portfolio in Brixmor Property Group Inc (NYSE:BRX) for 15,037 shares.
On November 2 Royal Bank Of Canada maintained a stock rating of "Hold" targeting a price of $22.00. It improved, as 20 investors sold Brixmor Property Group Inc shares while 74 reduced holdings. RBC Capital Markets maintained the shares of BRX in report on Thursday, October 29 with "Outperform" rating. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the stock. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.70 and a current ratio of 0.70.
Shares of Brixmor Property Group Inc. The company has a market cap of $7.48 billion, a PE ratio of 31.02 and a beta of 0.54. The stock was bought at an average price of $19.24 per share, for a total transaction of $300,144.00. Brixmor Property Group has $31 highest and $20.0 lowest target.
The firm also recently announced a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Thursday, January 5th were issued a dividend of $0.26 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 6.10%. The ex-dividend date of this dividend is Wednesday, January 3rd. Brixmor Property Group's dividend payout ratio is presently 106.12%.
Shares of Brixmor Property Group (NYSE:BRX) traded up $0.34 during midday trading on Wednesday, hitting $18.25. The shares were purchased at an average price of $18.72. Following the completion of the transaction, the insider now owns 224,793 shares in the company, valued at $4,325,017.32. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. 2,975,100 shares of the stock were exchanged, compared to its average volume of 2,924,565. Corporate insiders own 0.27% of the company's stock. The disclosure for this sale can be found here.
Several hedge funds have recently modified their holdings of the company.
Analysts are also projecting an Average Revenue Estimate for Brixmor Property Group Inc.as $315830 in the Current Quarter. Following the purchase, the executive vice president now directly owns 56,703 shares of the company's stock, valued at approximately $1,000,240.92. Cohen & Steers Inc. now owns 37,044,411 shares of the real estate investment trust's stock worth $980,195,000 after buying an additional 8,757,021 shares during the period.
In related news, EVP Mark Horgan acquired 3,000 shares of Brixmor Property Group stock in a transaction dated Friday, November 3rd. FTB Advisors, Inc. now controls 350 shares valued at $7,000. The institutional investor owned 338,433 shares of the real estate investment trust's stock after selling 126,880 shares during the period. Finally, LS Investment Advisors LLC increased its position in Brixmor Property Group by 17.5% during the second quarter. Boenning & Scattergood upgraded the shares of BRX in report on Tuesday, September 12 to "Buy" rating.
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Brixmor Property Group Inc is an internally managed real estate investment trust.