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What is carbon capture and why does it keep coming up at COP28?
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
A 'soft landing' or a recession? How each one might affect America's households and businesses
New CBOE “special perk” helps traders target income every weekend (Ad)
How major US stock indexes fared Friday, 12/8/2023
MarketBeat Week in Review – 12/4 - 12/8
New CBOE “special perk” helps traders target income every weekend (Ad)
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Indiana secretary of state appeals ruling for US Senate candidate seeking GOP nod
What is carbon capture and why does it keep coming up at COP28?
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
A 'soft landing' or a recession? How each one might affect America's households and businesses
New CBOE “special perk” helps traders target income every weekend (Ad)
How major US stock indexes fared Friday, 12/8/2023
MarketBeat Week in Review – 12/4 - 12/8
New CBOE “special perk” helps traders target income every weekend (Ad)
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Indiana secretary of state appeals ruling for US Senate candidate seeking GOP nod
What is carbon capture and why does it keep coming up at COP28?
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
A 'soft landing' or a recession? How each one might affect America's households and businesses
New CBOE “special perk” helps traders target income every weekend (Ad)
How major US stock indexes fared Friday, 12/8/2023
MarketBeat Week in Review – 12/4 - 12/8
New CBOE “special perk” helps traders target income every weekend (Ad)
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Indiana secretary of state appeals ruling for US Senate candidate seeking GOP nod
What is carbon capture and why does it keep coming up at COP28?

Brixmor Property Group Stock Price, News & Analysis (NYSE:BRX)

$22.71
+0.11 (+0.49%)
(As of 12/8/2023 ET)
Compare
Today's Range
$22.21
$22.73
50-Day Range
$19.59
$22.71
52-Week Range
$19.40
$24.26
Volume
2.75 million shs
Average Volume
2.12 million shs
Market Capitalization
$6.83 billion
P/E Ratio
20.28
Dividend Yield
4.58%
Price Target
$25.22

Brixmor Property Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
11.0% Upside
$25.22 Price Target
Short Interest
Healthy
2.65% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.15
Upright™ Environmental Score
News Sentiment
0.74mentions of Brixmor Property Group in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.96%
From $2.03 to $2.09 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.44 out of 5 stars

Finance Sector

283rd out of 852 stocks

Real Estate Investment Trusts Industry

65th out of 179 stocks


BRX stock logo

About Brixmor Property Group Stock (NYSE:BRX)

Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. Its 365 retail centers comprise approximately 65 million square feet of prime retail space in established trade areas. The Company strives to own and operate shopping centers that reflect Brixmor's vision "to be the center of the communities we serve" and are home to a diverse mix of thriving national, regional and local retailers. Brixmor is a proud real estate partner to over 5,000 retailers including The TJX Companies, The Kroger Co., Publix Super Markets and Ross Stores.

BRX Stock Price History

BRX Stock News Headlines

Truist Financial Keeps Their Buy Rating on Brixmor Property (BRX)
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Wells Fargo Reaffirms Their Hold Rating on Brixmor Property (BRX)
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Q3 2023 Brixmor Property Group Inc Earnings Call
BRIXMOR PROPERTY GROUP REPORTS THIRD QUARTER 2023 RESULTS
Brixmor Property Group Inc (BRX) Reports Q3 2023 Earnings
What 7 Analyst Ratings Have To Say About Brixmor Property Group
See More Headlines
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Company Calendar

Last Earnings
5/01/2023
Ex-Dividend for 10/16 Dividend
10/02/2023
Dividend Payable
10/16/2023
Today
12/09/2023
Fiscal Year End
12/31/2023
Ex-Dividend for 1/16 Dividend
1/02/2024
Dividend Payable
1/16/2024
Next Earnings (Estimated)
2/12/2024

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$25.22
High Stock Price Target
$29.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+11.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$354.19 million
Pretax Margin
27.45%

Debt

Sales & Book Value

Annual Sales
$1.22 billion
Cash Flow
$2.31 per share
Book Value
$9.55 per share

Miscellaneous

Free Float
298,672,000
Market Cap
$6.83 billion
Optionable
Optionable
Beta
1.55
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BRX Stock Analysis - Frequently Asked Questions

Should I buy or sell Brixmor Property Group stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brixmor Property Group in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BRX shares.
View BRX analyst ratings
or view top-rated stocks.

What is Brixmor Property Group's stock price target for 2024?

7 equities research analysts have issued 1-year price targets for Brixmor Property Group's shares. Their BRX share price targets range from $22.00 to $29.00. On average, they anticipate the company's stock price to reach $25.22 in the next year. This suggests a possible upside of 11.0% from the stock's current price.
View analysts price targets for BRX
or view top-rated stocks among Wall Street analysts.

How have BRX shares performed in 2023?

Brixmor Property Group's stock was trading at $22.67 on January 1st, 2023. Since then, BRX shares have increased by 0.2% and is now trading at $22.71.
View the best growth stocks for 2023 here
.

Are investors shorting Brixmor Property Group?

Brixmor Property Group saw a decline in short interest in October. As of October 31st, there was short interest totaling 8,000,000 shares, a decline of 8.8% from the October 15th total of 8,770,000 shares. Based on an average trading volume of 2,390,000 shares, the days-to-cover ratio is presently 3.3 days.
View Brixmor Property Group's Short Interest
.

When is Brixmor Property Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 12th 2024.
View our BRX earnings forecast
.

How were Brixmor Property Group's earnings last quarter?

Brixmor Property Group Inc. (NYSE:BRX) issued its quarterly earnings results on Monday, May, 1st. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.49 by $0.12. The real estate investment trust earned $311.40 million during the quarter, compared to the consensus estimate of $306.68 million. Brixmor Property Group had a net margin of 27.45% and a trailing twelve-month return on equity of 11.81%. The business's quarterly revenue was up 4.3% on a year-over-year basis. During the same period last year, the company earned $0.49 earnings per share.

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 Monday, October 30th. Shareholders of record on Wednesday, January 3rd will be paid a dividend of $0.2725 per share on Tuesday, January 16th. This represents a $1.09 dividend on an annualized basis and a dividend yield of 4.80%. The ex-dividend date of this dividend is Tuesday, January 2nd. This is a boost from the stock's previous quarterly dividend of $0.26.
Read our dividend analysis for BRX
.

Is Brixmor Property Group a good dividend stock?

Brixmor Property Group (NYSE:BRX) pays an annual dividend of $1.04 per share and currently has a dividend yield of 4.60%. BRX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 92.86%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, BRX will have a dividend payout ratio of 49.76% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BRX.

What guidance has Brixmor Property Group issued on next quarter's earnings?

Brixmor Property Group issued an update on its FY23 earnings guidance on Monday, October, 30th. The company provided earnings per share guidance of $2.02-2.04 for the period, compared to the consensus earnings per share estimate of $2.03.

What is James M. Taylor Jr.'s approval rating as Brixmor Property Group's CEO?

20 employees have rated Brixmor Property Group Chief Executive Officer James M. Taylor Jr. on Glassdoor.com. James M. Taylor Jr. has an approval rating of 85% among the company's employees.

What other stocks do shareholders of Brixmor Property Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Brixmor Property Group investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Occidental Petroleum (OXY), Micron Technology (MU), NextEra Energy Partners (NEP), STMicroelectronics (STM), Agree Realty (ADC) and Accenture (ACN).

Who are Brixmor Property Group's major shareholders?

Brixmor Property Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Massachusetts Financial Services Co. MA (4.30%), JPMorgan Chase & Co. (3.68%), Wellington Management Group LLP (3.50%), Invesco Ltd. (2.31%), Charles Schwab Investment Management Inc. (1.53%) and Northern Trust Corp (1.42%). Insiders that own company stock include Angela M Aman, Brian T Finnegan, Carolyn Carter Singh, James M Taylor Jr, Michael B Berman, Opaleye Management Inc and Steven F Siegel.
View institutional ownership trends
.

How do I buy shares of Brixmor Property Group?

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

This page (NYSE:BRX) was last updated on 12/9/2023 by MarketBeat.com Staff

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