Brixmor Property Group Inc. (BRX) is an interesting player in the Financial space, with a focus on REIT – Retail. The stock has been active on the tape, currently trading at $14.17, up from yesterday’s close by 0.43%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.Fundamental Analysis
Brixmor Property Group Inc. (BRX) currently trades with a market capitalization of $4.33 Billion. That value represents a market adjusting for revenues that have been falling by -2.65 % on a quarterly year/year basis as of the company’s last quarterly report.
You can get a sense of how sustainable that is by a levered free cash flow of $327.83 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.21 on a per share basis this quarter. Perhaps, that suggests something about why 1.24% of the outstanding share supply is held by institutional investors.
It’s important to check the technicals to get a sense of how BRX has been acting. Looking at the stock’s movement on the chart, Brixmor Property Group Inc. recorded a 52-week high of $20.59. It is now trading 6.42% off that level. The stock is trading $14.86 its 50-day moving average by 0.69%. The stock carved out a 52-week low down at $13.74.
In recent action, Brixmor Property Group Inc. (BRX) has made a move of -3.21% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.61, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 2.65% with $301.03 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of BRX.