Piper Sandler cuts target for Brixmor Property Group stock to USD 36.00
Published on 10/17/2026 at 19:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and trading metrics
- Piper Sandler lowered its target from USD 40.00 to USD 36.00 on October 12, 2026.
- Brixmor is scheduled to release third-quarter results on October 26, 2026.
- Brixmor Property Group stock last traded at USD 27.66 on October 16, 2026, up 0.84 percent on Nasdaq.
- Brixmor carried a P/E ratio of 19.76 and a dividend yield of 4.00 percent.
Piper Sandler lowered its Brixmor Property Group price target from USD 40.00 to USD 36.00 on October 12, 2026, while maintaining an overweight rating, according to MarketBeat. That target is 30.15 percent above the last Nasdaq price of USD 27.66 on October 16, 2026 at 4:00 p.m. ET, when the stock was up 0.84 percent on the day.
Target remains above the price
The revised USD 36.00 target leaves a USD 8.34 gap to the latest Nasdaq price. MarketBeat also reported that Piper Sandler kept its overweight rating, while the available analyst consensus remained Moderate Buy with an average target of USD 33.45.
October 26 results date
Brixmor is scheduled to release third-quarter 2026 results after the market close on October 26, 2026, with its conference call set for October 27, 2026 at 10:00 a.m. ET, according to the company's investor-relations release.
52-week range spans USD 24.66 to USD 32.86
The latest price stood 12.17 percent above the 52-week low of USD 24.66 and 15.82 percent below the 52-week high of USD 32.86. Brixmor's year-to-date market picture therefore remains between its annual extremes rather than at either boundary.
The company's second-quarter 2026 revenue reached USD 354.20 million, up 4.30 percent from the year-earlier period, while diluted earnings per share came to USD 0.24. MarketBeat said the quarterly earnings figure was below the USD 0.58 consensus estimate.
P/E stands at 19.76
Brixmor had a market capitalization of USD 8.5 billion, a P/E ratio of 19.76 and a dividend yield of 4.00 percent as of October 16, 2026. The company owns and operates 346 open-air shopping centers covering approximately 62 million square feet, according to its investor-relations website.
Comparison with peers
Brixmor Property Group (NYSE, USD): up 0.84 percent, P/E 19.76, market capitalization USD 8.5 billion
Federal Realty Investment Trust (NYSE, USD): up 0.61 percent, P/E 21.18, market capitalization USD 9.2 billion
Regency Centers Corporation (NYSE, USD): up 0.27 percent, P/E 20.75, market capitalization USD 13.4 billion
Trading position
On the Nasdaq, Brixmor last traded at USD 27.66 on October 16, 2026 at 4:00 p.m. ET, up 0.84 percent on the day. The next scheduled company event is the October 26, 2026 third-quarter release.
Brixmor Property Group market data
- Company: Brixmor Property Group Inc.
- ISIN: US11120U1051
- Ticker: BRX
- Primary exchange: NYSE
- Last Nasdaq price: USD 27.66 on October 16, 2026 at 4:00 p.m. ET
- Change on Nasdaq: plus 0.84 percent on October 16, 2026
- Market capitalization: USD 8.5 billion as of October 16, 2026
- 52-week range: USD 24.66-32.86 as of October 12, 2026
- Sector / Industry: Real estate investment trusts / retail properties
Market context: Market report S&P 500.
