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

$21.71
+0.05 (+0.23 %)
(As of 11/12/2019 11:39 AM ET)
Today's Range
$21.62
Now: $21.71
$21.88
50-Day Range
$19.81
MA: $20.82
$22.17
52-Week Range
$14.11
Now: $21.71
$22.50
Volume37,704 shs
Average Volume2.86 million shs
Market Capitalization$6.47 billion
P/E Ratio11.74
Dividend Yield5.19%
Beta0.73
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$2.34 per share
Book Value$9.46 per share

Profitability

Net Income$366.28 million

Miscellaneous

Employees458
Market Cap$6.47 billion
Next Earnings Date2/10/2020 (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 declared a quarterly dividend on Monday, October 28th. Investors of record on Monday, January 6th will be given a dividend of $0.285 per share on Wednesday, January 15th. This represents a $1.14 annualized dividend and a dividend yield of 5.25%. The ex-dividend date of this dividend is Friday, January 3rd. This is a positive change from Brixmor Property Group's previous quarterly dividend of $0.28. 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 authorized a share buyback plan on Wednesday, December 6th 2017, which permits the company to buyback $400,000,000.00 in outstanding 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 a sign that the company's board believes its shares are undervalued.

How were Brixmor Property Group's earnings last quarter?

Brixmor Property Group Inc (NYSE:BRX) posted its quarterly earnings results on Monday, October, 28th. The real estate investment trust reported $0.27 earnings per share for the quarter, missing analysts' consensus estimates of $0.47 by $0.20. The real estate investment trust earned $292.97 million during the quarter, compared to analyst estimates of $290.51 million. Brixmor Property Group had a net margin of 24.75% and a return on equity of 10.41%. The business's quarterly revenue was down 4.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.42 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, February 10th 2020. View Earnings Estimates for Brixmor Property Group.

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

Brixmor Property Group updated its FY19 earnings guidance on Monday, October, 28th. The company provided EPS guidance of $1.90-1.93 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.91.

What price target have analysts set for BRX?

10 Wall Street analysts have issued twelve-month target prices for Brixmor Property Group's stock. Their forecasts range from $17.50 to $24.00. On average, they expect Brixmor Property Group's stock price to reach $19.94 in the next twelve months. This suggests that the stock has a possible downside of 8.2%. View Analyst Price Targets for Brixmor Property Group.

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

10 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Brixmor Property Group.

Has Brixmor Property Group been receiving favorable news coverage?

Media coverage about BRX stock has been trending very negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Brixmor Property Group earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Brixmor Property Group.

Are investors shorting Brixmor Property Group?

Brixmor Property Group saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 12,730,000 shares, an increase of 17.1% from the September 30th total of 10,870,000 shares. Based on an average daily trading volume, of 2,800,000 shares, the days-to-cover ratio is presently 4.5 days. Approximately 4.3% of the shares of the company 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), Micron Technology (MU), Accenture (ACN), Agree Realty (ADC), Occidental Petroleum (OXY), STMicroelectronics (STM) and Nextera Energy Partners (NEP).

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 a variety of of retail and institutional investors. Top institutional investors include Massachusetts Financial Services Co. MA (3.85%), Duff & Phelps Investment Management Co. (0.92%), Miller Howard Investments Inc. NY (0.81%), Presima Inc. (0.56%), Russell Investments Group Ltd. (0.38%) and California Public Employees Retirement System (0.29%). 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 Russell Investments Group Ltd., Presima Inc., Timbercreek Investment Management Inc., State of Alaska Department of Revenue, Duff & Phelps Investment Management Co., Real Estate Management Services LLC, Systematic Financial Management LP and Strs Ohio. View Insider Buying and Selling for Brixmor Property Group.

Which institutional investors are buying Brixmor Property Group stock?

BRX stock was bought by a variety of institutional investors in the last quarter, including Miller Howard Investments Inc. NY, Massachusetts Financial Services Co. MA, State of Tennessee Treasury Department, Northpointe Capital LLC, State of New Jersey Common Pension Fund D, First Trust Advisors LP, Robeco Institutional Asset Management B.V. and California Public Employees Retirement System. 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, Robinhood, Fidelity and Charles Schwab.

What is Brixmor Property Group's stock price today?

One share of BRX stock can currently be purchased for approximately $21.73.

How big of a company is Brixmor Property Group?

Brixmor Property Group has a market capitalization of $6.47 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:  359 (Vote Outperform)
Underperform Votes:  379 (Vote Underperform)
Total Votes:  738
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 11/12/2019 by MarketBeat.com Staff

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