NYSE:BRX - Brixmor Property Group Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$17.39 -0.15 (-0.86 %)
(As of 07/22/2018 06:47 AM ET)
Previous Close$17.39
Today's Range$17.34 - $17.56
52-Week Range$13.74 - $20.59
Volume1.78 million shs
Average Volume2.51 million shs
Market Capitalization$5.27 billion
P/E Ratio8.36
Dividend Yield6.33%
Beta0.4
Brixmor Property Group logoBrixmor Property Group, a real estate investment trust (REIT), is a leading owner and operator of high-quality, open-air shopping centers. The Company's more than 475 retail centers comprise 82 million square feet in established trade areas across the nation and are supported by a diverse mix of highly productive non-discretionary and value-oriented retailers, as well as consumer-oriented service providers. Brixmor is committed to maximizing the value of its portfolio by prioritizing investments, cultivating relationships and capitalizing on embedded growth opportunities through driving rents, increasing occupancy and pursuing value-enhancing reinvestment opportunities. Headquartered in New York City, Brixmor is a partner to more than 5,000 best-in-class national, regional and local tenants and is one of the largest landlords to The TJX Companies and The Kroger Company.

Receive BRX News and Ratings via Email

Sign-up to receive the latest news and ratings for BRX and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:BRX
CUSIPN/A
Phone212-869-3000

Debt

Debt-to-Equity Ratio1.96
Current Ratio0.67
Quick Ratio0.67

Price-To-Earnings

Trailing P/E Ratio8.36
Forward P/E Ratio8.70
P/E Growth2.22

Sales & Book Value

Annual Sales$1.28 billion
Price / Sales4.10
Cash Flow$2.1233 per share
Price / Cash8.19
Book Value$9.54 per share
Price / Book1.82

Profitability

EPS (Most Recent Fiscal Year)$2.09
Net Income$300.29 million
Net Margins22.73%
Return on Equity9.98%
Return on Assets3.16%

Miscellaneous

Employees464
Outstanding Shares302,830,000
Market Cap$5,266.14

Brixmor Property Group (NYSE:BRX) Frequently Asked Questions

What is Brixmor Property Group's stock symbol?

Brixmor Property Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "BRX."

How often does Brixmor Property Group pay dividends? What is the dividend yield for Brixmor Property Group?

Brixmor Property Group announced a quarterly dividend on Tuesday, May 1st. Stockholders of record on Friday, July 6th will be paid a dividend of $0.275 per share on Monday, July 16th. This represents a $1.10 annualized dividend and a dividend yield of 6.33%. The ex-dividend date is Thursday, July 5th. View Brixmor Property Group's Dividend History.

How will Brixmor Property Group's stock buyback program work?

Brixmor Property Group declared that its Board of Directors has approved a stock buyback plan on Wednesday, December 6th 2017, which permits the company to buyback $400,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's board of directors believes its stock is undervalued.

How were Brixmor Property Group's earnings last quarter?

Brixmor Property Group Inc (NYSE:BRX) posted its quarterly earnings data on Monday, April, 30th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.51 by $0.31. The real estate investment trust had revenue of $317.17 million for the quarter, compared to analyst estimates of $315.84 million. Brixmor Property Group had a net margin of 22.73% and a return on equity of 9.98%. Brixmor Property Group's quarterly revenue was down 2.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.53 earnings per share. View Brixmor Property Group's Earnings History.

When is Brixmor Property Group's next earnings date?

Brixmor Property Group is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Brixmor Property Group.

What price target have analysts set for BRX?

14 analysts have issued 12-month price targets for Brixmor Property Group's shares. Their forecasts range from $16.00 to $22.00. On average, they anticipate Brixmor Property Group's stock price to reach $18.3182 in the next twelve months. This suggests a possible upside of 5.3% from the stock's current price. View Analyst Ratings for Brixmor Property Group.

What is the consensus analysts' recommendation for Brixmor Property Group?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brixmor Property Group in the last year. There are currently 7 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

What are Wall Street analysts saying about Brixmor Property Group stock?

Here are some recent quotes from research analysts about Brixmor Property Group stock:
  • 1. According to Zacks Investment Research, "Brixmor Property Group Inc. operates as a real estate investment trust. It owns and operates a portfolio of grocery-anchored community and neighborhood shopping centers primarily in the United States. Brixmor Property Group Inc. is based in United States. " (2/14/2018)
  • 2. Boenning Scattergood analysts commented, "We were perhaps too early in our upgrade, but believe reduced leverage should position the company to start repurchasing shares in 2018. We continue to rate BRX as Outperform given its deep discount to NAV and solid underlying fundamentals driven by strong releasing spreads." (11/21/2017)

Are investors shorting Brixmor Property Group?

Brixmor Property Group saw a decline in short interest in the month of June. As of June 29th, there was short interest totalling 5,560,147 shares, a decline of 37.7% from the June 15th total of 8,928,180 shares. Based on an average daily trading volume, of 3,183,534 shares, the short-interest ratio is presently 1.7 days. Currently, 1.8% of the company's stock are short sold. View Brixmor Property Group's Current Options Chain.

Who are some of Brixmor Property Group's key competitors?

Who are Brixmor Property Group's key executives?

Brixmor Property Group's management team includes the folowing people:
  • Mr. James M. Taylor Jr., CEO, Pres & Director (Age 51)
  • Ms. Angela M. Aman, Exec. VP, CFO & Treasurer (Age 39)
  • Mr. Mark T. Horgan, Exec. VP & Chief Investment Officer (Age 42)
  • Mr. Steven F. Siegel, Exec. VP, Gen. Counsel & Sec. (Age 58)
  • Mr. Brian T. Finnegan, Exec. VP of Leasing (Age 37)

Has Brixmor Property Group been receiving favorable news coverage?

Headlines about BRX stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Brixmor Property Group earned a news sentiment score of 0.08 on Accern's scale. They also gave media headlines about the real estate investment trust an impact score of 46.46 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Who are Brixmor Property Group's major shareholders?

Brixmor Property Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Real Estate Management Services LLC (0.47%), Financial & Investment Management Group Ltd. (0.17%), State of Alaska Department of Revenue (0.05%), Bank of Montreal Can (0.04%), CenturyLink Investment Management Co (0.03%) and Fox Run Management L.L.C. (0.02%). Company insiders that own Brixmor Property Group stock include Brx Holdco Llc, Carolyn Carter Singh, Gabrielle Greene-Sulzberger, James M Taylor Jr, John Schreiber, Mark Horgan, Sheryl Maxwell Crosland and Steven F Siegel. View Institutional Ownership Trends for Brixmor Property Group.

Which major investors are selling Brixmor Property Group stock?

BRX stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, State of Alaska Department of Revenue, Truewealth LLC and Xact Kapitalforvaltning AB. View Insider Buying and Selling for Brixmor Property Group.

Which major investors are buying Brixmor Property Group stock?

BRX stock was acquired by a variety of institutional investors in the last quarter, including Real Estate Management Services LLC, CenturyLink Investment Management Co, Financial & Investment Management Group Ltd., Fox Run Management L.L.C., Dalton Greiner Hartman Maher & Co., Hartford Investment Management Co. and Nwam LLC. Company insiders that have bought Brixmor Property Group stock in the last two years include Carolyn Carter Singh, Gabrielle Greene-Sulzberger, James M Taylor Jr, John Schreiber, Mark Horgan and Sheryl Maxwell Crosland. View Insider Buying and Selling for Brixmor Property Group.

How do I buy shares of Brixmor Property Group?

Shares of BRX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Brixmor Property Group's stock price today?

One share of BRX stock can currently be purchased for approximately $17.39.

How big of a company is Brixmor Property Group?

Brixmor Property Group has a market capitalization of $5.27 billion and generates $1.28 billion in revenue each year. The real estate investment trust earns $300.29 million in net income (profit) each year or $2.09 on an earnings per share basis. Brixmor Property Group employs 464 workers across the globe.

How can I contact Brixmor Property Group?

Brixmor Property Group's mailing address is 450 LEXINGTON AVENUE, NEW YORK NY, 10017. The real estate investment trust can be reached via phone at 212-869-3000 or via email at [email protected]


MarketBeat Community Rating for Brixmor Property Group (NYSE BRX)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  253 (Vote Outperform)
Underperform Votes:  280 (Vote Underperform)
Total Votes:  533
MarketBeat's community ratings are surveys of what our community members think about Brixmor Property Group and other stocks. Vote "Outperform" if you believe BRX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BRX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/22/2018 by MarketBeat.com Staff

Featured Article: What does RSI mean?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.