Brixmor Property Group stock gets a Buy rating and USD 31 target

Published on 10/05/2026 at 11:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Brixmor Property Group stock reported USD 354.2 million in Q2 revenue, up 4.3 percent year over year. Fiscal 2026 EPS guidance is USD 2.350-2.370.

BRX, US11120U1051, Illustration mit AI erstellt.

Brixmor Property Group stock (ISIN US11120U1051) was last at USD 27.39 on the NYSE on October 2, 2026, down USD 0.18 or 0.65 percent from the prior close. On October 2, MarketBeat reported that Truist Financial initiated coverage with a Buy rating and a USD 31.00 price target.

Truist starts coverage at Buy

The target stands 13.2 percent above the October 2 price, using the USD 27.39 NYSE level as the reference. Truist's call arrives after Brixmor's second-quarter results showed a split performance between revenue growth and earnings.

For the quarter ended June 30, 2026, revenue reached USD 354.2 million, up 4.3 percent from the prior-year period, while diluted EPS was USD 0.24. MarketBeat said the EPS result missed the USD 0.58 consensus estimate by USD 0.34, while revenue was close to the USD 354.39 million estimate.

Revenue grows as EPS misses

Brixmor's fiscal 2026 guidance is USD 2.350-2.370 in EPS, compared with the analyst expectation of USD 2.36 for the year. The narrow guidance range puts the upcoming results in a clear numerical frame, especially after the second-quarter earnings shortfall.

The Globe and Mail reported on October 1 that Stifel Nicolaus maintained a Hold rating with a USD 32.00 target. The same report cited a Strong Buy consensus and a USD 35.17 average target, while MarketBeat's October 2 overview counted two Strong Buy, nine Buy and three Hold ratings for a Moderate Buy consensus and a USD 34.18 average target.

Q3 results arrive October 26

Brixmor said on September 17, 2026 that it will release third-quarter results after the market close on October 26, 2026, followed by a conference call on October 27 at 10:00 a.m. ET. The company operates 346 open-air retail centers with 63 million square feet of retail space, making occupancy and tenant demand important metrics for the next update.

BRX remains below its yearly high

BRX was last at USD 27.39 on the NYSE on October 2, 2026, with a 52-week range of USD 24.66 to USD 32.86, volume of 3,885,085 shares and a market capitalization of USD 8.4 billion. The price was 16.7 percent below the 52-week high, leaving the analyst targets above the latest completed-session level.