BRIXMOR PROPERTY GROUP INC. (NYSE:BRX) stock is currently pricing at roughly $20.03. Our analysis shows that the stock is widely covered by equity research firms, and target prices are revealing. From a summary standpoint, we track the median one-year price target among 13 analysts covering the company at $26.00. That suggests shares of the stock may have another 23 percent to the upside left to run. Of those analysts we surveyed, the highest price target on recordsits at $30.00, which would imply another 50 percent in upside potential. If we look for a little more qualitative data on the range of expectations, we find in analyst notes that the stock has 5 “Buy” ratings in place. At the same time, 2 rate the stock a “strong buy”, suggesting more conviction in the story. As for the doubters, 8 equity research analyst firms call this stock a “Hold” and 0 consider it bad enough to warrant a “Sell” rating.
Analysts at Boenning & Scattergood took a look at BRX shares in a research note released on Mar 22, 2017, and issued a Neutral rating to this company. SunTrust analysts provided their own take on company recently as well. In a research note published on Jan 20, 2017, the house assigned a Buy rating to this stock. According to a piece that hit the wires on Dec 13, 2016, researchers at Citigroup reconsidered their prior rating on the stock, and lowered it from Buy Perform to Neutral.
BRIXMOR PROPERTY GROUP INC. (BRX) Cap Table Analysis
Breaking down the capitalization table is our next goal. From a bird’s eye view, Executives hold 1.18 percent of the stock.
We noted a few insider transactions for the stock recently as well.
In a transaction on 2017-03-08, the company’s Pres. & Chief Exec. Officer Taylor James M Jr Purchased 5,000 company shares for 105850. That means, once accounting for this transaction, the Pres. & Chief Exec. Officer is left with a stake of 189,893 shares, carrying a current total market value of $3803557. In addition, by means of a transaction dated 2017-01-31, EVP, General Counsel SIEGEL STEVEN F sold 6,000 shares worth $145320. After that transaction, this investor is left with a total holding of 290,378 shares, representing a total investment value of $5816271.34. We also noted a 2016-12-30 transaction in which BRX See Remarks SIEGEL STEVEN F sold 6,000 shares at a stock price of $24.31, carrying a total value of $145860, after which, this insider’s investment stands at 291,072 shares, with an overall financial value of $5830172.
BRIXMOR PROPERTY GROUP INC. (NYSE:BRX) Earnings View
In the company’s last quarter, BRX EPS moved to $0.31 from $0.19 compared sequentially with the prior quarter. Revenues for the company came in at $324.03MM. This stacks up against $318.58MM, on a sequential basis.
How does this compare with bottom and top-line expectations? Well, according to what we could find, analysts had been looking for the company to post net income of about $0.19 per share on $320.61MM in revenue. That sets up an interesting next quarter report card. We would note that analysts seem to be projecting earnings, on average, for this quarter in the range of $0.16 to $0.23. On a year-over-year basis, that compares with an EPS comp of $0.20.