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

$18.64
+0.11 (+0.59 %)
(As of 06/20/2019 01:30 PM ET)
Today's Range
$18.47
Now: $18.6450
$18.69
50-Day Range
$17.03
MA: $17.94
$18.47
52-Week Range
$14.11
Now: $18.6450
$18.72
Volume1.21 million shs
Average Volume2.55 million shs
Market Capitalization$5.56 billion
P/E Ratio10.08
Dividend Yield6.10%
Beta0.75
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 425 retail centers comprise approximately 74 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. Read More…

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone212-869-3000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.23 billion
Cash Flow$2.3601 per share
Book Value$9.46 per share

Profitability

Net Income$366.28 million

Miscellaneous

Employees458
Market Cap$5.56 billion
Next Earnings Date7/29/2019 (Estimated)
OptionableOptionable

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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, April 30th. Shareholders of record on Friday, July 5th will be given a dividend of $0.28 per share on Monday, July 15th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 6.03%. The ex-dividend date is Wednesday, July 3rd. View Brixmor Property Group's Dividend History.

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

Brixmor Property Group announced that its Board of Directors has approved a share repurchase 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 purchase shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's board of directors believes its shares are undervalued.

How were Brixmor Property Group's earnings last quarter?

Brixmor Property Group Inc (NYSE:BRX) announced its earnings results on Monday, April, 29th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.47 by $0.26. The real estate investment trust had revenue of $291.10 million for the quarter, compared to analyst estimates of $290.85 million. Brixmor Property Group had a net margin of 30.47% and a return on equity of 12.96%. The firm's quarterly revenue was down 8.2% on a year-over-year basis. During the same period last year, the company posted $0.51 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 29th 2019. View Earnings Estimates for Brixmor Property Group.

How can I listen to Brixmor Property Group's earnings call?

Brixmor Property Group will be holding an earnings conference call on Tuesday, July 30th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for BRX?

11 analysts have issued twelve-month price targets for Brixmor Property Group's shares. Their predictions range from $17.00 to $21.00. On average, they expect Brixmor Property Group's share price to reach $18.50 in the next twelve months. This suggests that the stock has a possible downside of 0.5%. View Analyst Price Targets for Brixmor Property Group.

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

11 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Brixmor Property Group.

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. " (5/15/2019)
  • 2. Barclays PLC analysts commented, "We are updating our model for 4Q18 results. Brixmor reported 4Q18 FFO per share of $0.40 (-22.6% Y/Y), in-line with our estimate and $0.02 below consensus ($0.42), bringing Y/Y) driven by asset sales. Neither our estimate nor consensus included the $0.02 charge due to an SEC fine from the 2016 investigation of prior management. Therefore, on a like-for-like basis, 4Q18 FFO/ps was $0.02 ahead. Please see our 2/11/19 report, BRX – Initial View – Fourth Quarter . 2018 Earnings Stock Thoughts/Forward Outlook. BRX’s relative valuation appears inexpensive (P /CAD: 11.0x vs 18.1x sub-sector average) and the dividend is well-covered (CAD payout: 72% vs peers 82%). On the other hand, BRX has outperformed YTD (+17. 2% vs peers: +13.3%, RMZ: +12.0%), in line with other companies with portfolios concentrated in secondary markets." (3/6/2019)

Has Brixmor Property Group been receiving favorable news coverage?

Headlines about BRX stock have trended somewhat negative this week, InfoTrie reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Brixmor Property Group earned a news impact score of -1.0 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Brixmor Property Group.

Are investors shorting Brixmor Property Group?

Brixmor Property Group saw a decrease in short interest in the month of May. As of May 31st, there was short interest totalling 7,244,900 shares, a decrease of 19.7% from the April 30th total of 9,019,600 shares. Based on an average daily trading volume, of 2,480,000 shares, the short-interest ratio is currently 2.9 days. Approximately 2.4% of the shares of the stock are short sold. View Brixmor Property Group's Current Options Chain.

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

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), Apache (APA), Aegean Marine Petroleum Network (ANW), Accenture (ACN), Agree Realty (ADC), Micron Technology (MU), Primo Water (PRMW), Vicor (VICR) and Fiat Chrysler Automobiles (FCAU).

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 52)
  • Ms. Angela M. Aman, Exec. VP, CFO & Treasurer (Age 40)
  • Mr. Mark T. Horgan, Exec. VP & Chief Investment Officer (Age 43)
  • Mr. Steven F. Siegel, Exec. VP, Gen. Counsel & Sec. (Age 59)
  • Mr. Brian T. Finnegan, Exec. VP of Leasing (Age 38)

Who are Brixmor Property Group's major shareholders?

Brixmor Property Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.13%), JPMorgan Chase & Co. (9.25%), Centersquare Investment Management LLC (1.86%), Centersquare Investment Management LLC (1.84%), Lazard Asset Management LLC (1.04%) and LSV Asset Management (0.99%). Company insiders that own Brixmor Property Group stock include Gabrielle Greene-Sulzberger, James M Taylor Jr, John Schreiber, Mark Horgan and Sheryl Maxwell Crosland. View Institutional Ownership Trends for Brixmor Property Group.

Which institutional investors are selling Brixmor Property Group stock?

BRX stock was sold by a variety of institutional investors in the last quarter, including AJO LP, Marshall Wace LLP, JPMorgan Chase & Co., MERIAN GLOBAL INVESTORS UK Ltd, Los Angeles Capital Management & Equity Research Inc., FMR LLC, Coronation Fund Managers Ltd. and Robeco Institutional Asset Management B.V.. View Insider Buying and Selling for Brixmor Property Group.

Which institutional investors are buying Brixmor Property Group stock?

BRX stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Lazard Asset Management LLC, Principal Financial Group Inc., Centersquare Investment Management LLC, Centersquare Investment Management LLC, American International Group Inc., Thompson Siegel & Walmsley LLC and Rhumbline Advisers. Company insiders that have bought Brixmor Property Group stock in the last two years include 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 $18.5850.

How big of a company is Brixmor Property Group?

Brixmor Property Group has a market capitalization of $5.54 billion and generates $1.23 billion in revenue each year. The real estate investment trust earns $366.28 million in net income (profit) each year or $1.85 on an earnings per share basis. Brixmor Property Group employs 458 workers across the globe.View Additional Information About Brixmor Property Group.

What is Brixmor Property Group's official website?

The official website for Brixmor Property Group is http://www.brixmor.com/.

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:  324 (Thanks for Voting!)
Underperform Votes:  346 (Thanks for Voting!)
Total Votes:  670
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 6/20/2019 by MarketBeat.com Staff

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