Brixmor Property Group (NYSE:BRX) Analyst Estimates
Brixmor Property Group Inc. (NYSE:BRX) stock is presently standing at about $21.25 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 13 analysts covering the company is $26.00, which suggests the stock could still rise over 18 percent. The highest analyst price target is $30.00, which implies a rally of 59 percent. And a quick view of analyst notes show that 6 are rating the stock a buy while 3 rate BRX a strong buy. There are 7 equity research firms advocating a Hold and 0 consider it Sell.
SunTrust analysts provided their view on Brixmor Property Group Inc. (NYSE:BRX) recently. The rating firm issued a Buy rating to this company in a research note released on Jan 20, 2017. Citigroup analysts disclosed their opinion on Brixmor Property Group Inc. (NYSE:BRX) recently. The rating firm gave a Neutral rating to this stock in a research note published on Dec 13, 2016. According to a research note disclosed on Nov 28, 2016, analysts at Wells Fargo have upped their rating on these shares from Market Perform to Outperform.
Brixmor Property Group Inc. (NYSE:BRX) Transactions Roundup
Several insiders were part of recent insider activity for the stock. Its Pres. & Chief Exec. Officer Taylor James M Jr Purchased 5,000 company shares for 105850, in a transaction on 2017-03-08. Following the transaction, the Pres. & Chief Exec. Officer is left with a stake of 189,893 shares, currently valued at $4035226. Meanwhile, EVP, General Counsel SIEGEL STEVEN F sold 6,000 shares worth $145320, through a transaction dated 2017-01-31. Following the completion of the transaction, the insider is left with a stake of 290,378 shares, amounting $6170532.5. BRX See Remarks SIEGEL STEVEN F also sold 6,000 shares, at a stock price of $24.31. This transaction occurred on 2016-12-30 totals $145860. After this transaction, the insider’s stake stands at 291,072 shares, with a market value of $6185280.
Executives hold 1.17 percent of the stock. N/A is one of the biggest insider owners in Brixmor Property Group Inc. (NYSE:BRX), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns N/A shares which have current market value of around $N/A.N/A is another major inside shareholder in the company. The insider owns N/A shares as of N/A, currently worth $0. N/A is ranked as third insider holder of the stock. This insider holds N/A shares with a market value around $0 as of recent close.
Brixmor Property Group Inc. (NYSE:BRX) Earnings Outlook
In Brixmor Property Group Inc. (NYSE:BRX)’s latest quarter, EPS moved to $0.31 from $0.19 in preceding quarter and revenues reached at $324.03M compared to $318.58M. Analysts had expected Brixmor Property Group Inc. (NYSE:BRX) to post net income of about $0.19 per share on $320.61M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.16 to $0.25. That is compared with the $0.20 in EPS it reported during the same period a year ago.