Brixmor Property Group Inc. (BRX): Find Out What Insiders Are Doing

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Brixmor Property Group Inc. (NYSE:BRX) finished Wednesday with a subtraction of -$0.39 to close at $22.18, a downside of -1.73 percent. An average of 1,361,640 shares of common stock have been traded in the last five days. There was a gain of $0.26 in the past week, and it reached a new high 10 times over the past 12 months. The last 20 days have seen an average of 2,450,870 shares traded, while the 50-day average volume stands at 2,301,886.

BRX stock has decreased by -1.86% in the last month. The company shares reached their 1-month lowest point of $21.61 on 12/20/22. With the stock rallying to its 52-week high on 04/21/22, shares of the company touched a low of $17.62 and a high of $27.19 in 52 weeks. It has reached a new high 7 times so far this year and lost -12.71% or -$3.23 in price. In spite of this, the price is down -18.43% from the 52-week high.


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Insider Transactions

BRX stock investors should be aware that Brixmor Property Group Inc. (BRX) stock had its last reported insider trading activity 27 days ago on Dec 02. In this transaction, the insider spent $344,400., Finnegan Brian T, disposed of 5,000 shares at a price of $25.14 on May 02. The insider now owns more than $125,700 worth of shares. Prior to that, SIEGEL STEVEN F went on to Sale 20,000 shares at $27.00 each on Apr 20. An amount of $540,000 was transacted.

Valuation Metrics

Brixmor Property Group Inc. (BRX) has a trailing price-to-earnings (P/E) ratio of 20.39. The stock’s beta is 1.52. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 5.45, the price-to-book (PB) ratio at 2.35.

The company has a payout ratio of 90.20%. The company’s most recent quarterly dividend payment was $0.26 a share, representing a up of 8.33% from $0.24 last year. Its latest increase dividend $0.02 reported on Tuesday November 1 2022.

Financial Health

Further, the company has a long term debt to equity ratio of 1.81 and a total debt to equity ratio of 1.81 for the quarter ending June 29. Its gross profit as reported stood at $419.98 million compared to revenue of $1.15 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Brixmor Property Group Inc.’s return on assets was 3.90%.

Earnings Surprise

For the three-month period that ended June 29, Brixmor Property Group Inc. had $22.05 million in cash. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$79.74 million in the quarter, while revenues of -$87.79 million were shrunk -13.41%. The analyst consensus anticipated Brixmor Property Group Inc.’s latest quarter earnings to come in at $0.2 per share, but it turned out to be $0.29, a 45.00% surprise. For the quarter, EBITDA amounted to $198.87 million. At the end of the quarter ending June 29, Brixmor Property Group Inc.’s stock balance sheet showed total debt was $5.19 billion. Shareholders own equity worth $299.91 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Brixmor Property Group Inc. (BRX) price momentum. RSI 9-day as of the close on 28 December was 43.95%, suggesting the stock is Neutral, with historical volatility in this time frame at 19.21%.

As of today, BRX’s price is $22.33 +1.19% or $0.26 from its 5-day moving average. BRX is currently trading -3.77% lower than its 20-day SMA and -0.18% lower than its 100-day SMA. However, the stock’s current price level is +15.46% above the SMA50 and -9.47% below the SMA200.

The stochastic %K and %D were 43.56% and 44.96%, respectively, and the average true range (ATR) was 0.50. With the 14-day stochastic at 30.96% and the average true range at 0.52, the RSI (14) stands at 47.80%. The stock has reached 0.17 on the 9-day MACD Oscillator while the 14-day reading was at 0.00.

Analyst Ratings

Wolfe Research upgraded Brixmor Property Group Inc. (NYSE: BRX) to a an Outperform rating in its most recent analyst report. Previously, the stock was rated as a Peer perform.

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