NYSE:BRXBrixmor Property Group Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Brixmor Property Group Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $10.83 -0.23 (-2.08 %) (As of 05/26/2020 09:30 AM ET) Add Compare Share Today's Range$10.72Now: $10.83▼$11.1050-Day Range$7.87MA: $10.14▼$11.9852-Week Range$7.51Now: $10.83▼$22.74Volume2.21 million shsAverage Volume4.46 million shsMarket Capitalization$3.21 billionP/E Ratio11.90Dividend Yield10.53%Beta1.5 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. Brixmor is a proud real estate partner to more than 5,000 retailers including The TJX Companies, The Kroger Co., Publix Super Markets, Wal-Mart, Ross Stores and L.A. Fitness.Read More Beat the Market (BTM) Rank™ 4.1 Analyst's Opinion Consensus RatingBrixmor Property Group has received a consensus rating of Hold. The company's average rating score is 2.27, and is based on 5 buy ratings, 9 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.20, Brixmor Property Group has a potential upside of 40.4% from its current price of $10.83.Amount of Analyst CoverageBrixmor Property Group has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.4 Community Rank Outperform VotesBrixmor Property Group has received 389 “outperform” votes. (Add your “outperform” vote.)Underperform VotesBrixmor Property Group has received 429 “underperform” votes. (Add your “underperform” vote.)Community SentimentBrixmor Property Group has received 52.44% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipBrixmor Property Group is a leading dividend payer. It pays a dividend yield of 10.53%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBrixmor Property Group has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Brixmor Property Group is 59.69 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Brixmor Property Group will have a dividend payout ratio of 64.41 % next year. This indicates that Brixmor Property Group will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Brixmor Property Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $289,625.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.44% of the stock of Brixmor Property Group is held by insiders.Percentage Held by Institutions98.03% of the stock of Brixmor Property Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Brixmor Property Group are expected to grow by 1.14% in the coming year, from $1.75 to $1.77 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Brixmor Property Group is 11.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Brixmor Property Group is 11.90, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 15.63.Price to Book Value per Share RatioBrixmor Property Group has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.1Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™3.15 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:BRX Previous Symbol CUSIPN/A CIK1581068 Webwww.brixmor.com Phone212-869-3000Debt Debt-to-Equity Ratio2.06 Current Ratio1.68 Quick Ratio1.68Price-To-Earnings Trailing P/E Ratio11.90 Forward P/E Ratio6.19 P/E GrowthN/A Sales & Book Value Annual Sales$1.17 billion Price / Sales2.75 Cash Flow$2.00 per share Price / Cash Flow5.41 Book Value$9.21 per share Price / Book1.18Profitability EPS (Most Recent Fiscal Year)$1.91 Net Income$274.77 million Net Margins23.43% Return on Equity9.94% Return on Assets3.27%Miscellaneous Employees458 Outstanding Shares296,450,000Market Cap$3.21 billion Next Earnings Date8/3/2020 (Estimated) OptionableOptionable BRX Rates by TradingView 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. Brixmor Property Group (NYSE:BRX) Frequently Asked Questions How has Brixmor Property Group's stock been impacted by COVID-19 (Coronavirus)? Brixmor Property Group's stock was trading at $15.64 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BRX stock has decreased by 30.8% and is now trading at $10.83. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Brixmor Property Group? 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brixmor Property Group in the last year. There are currently 1 sell rating, 9 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Brixmor Property Group. When is Brixmor Property Group's next earnings date? Brixmor Property Group is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Brixmor Property Group. How were Brixmor Property Group's earnings last quarter? Brixmor Property Group Inc (NYSE:BRX) announced its earnings results on Thursday, May, 7th. The real estate investment trust reported $0.20 EPS for the quarter, missing the consensus estimate of $0.48 by $0.28. The real estate investment trust earned $282.30 million during the quarter, compared to the consensus estimate of $291.87 million. Brixmor Property Group had a return on equity of 9.94% and a net margin of 23.43%. The firm's revenue for the quarter was down 3.0% on a year-over-year basis. During the same period last year, the firm posted $0.48 earnings per share. View Brixmor Property Group's earnings history. 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, February 10th. Investors of record on Monday, April 6th will be given a dividend of $0.285 per share on Wednesday, April 15th. This represents a $1.14 annualized dividend and a dividend yield of 10.53%. The ex-dividend date is Friday, April 3rd. View Brixmor Property Group's dividend history. What price target have analysts set for BRX? 15 equities research analysts have issued twelve-month price targets for Brixmor Property Group's shares. Their forecasts range from $9.00 to $21.00. On average, they expect Brixmor Property Group's share price to reach $15.20 in the next year. This suggests a possible upside of 40.4% from the stock's current price. View analysts' price targets for Brixmor Property Group. Has Brixmor Property Group been receiving favorable news coverage? Press coverage about BRX stock has been trending negative on Tuesday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Brixmor Property Group earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutBrixmor Property Group. Are investors shorting Brixmor Property Group? Brixmor Property Group saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 7,620,000 shares, an increase of 16.7% from the April 30th total of 6,530,000 shares. Based on an average trading volume of 4,560,000 shares, the days-to-cover ratio is currently 1.7 days. Currently, 2.6% of the shares of the company are sold short. View Brixmor Property Group's Current Options Chain. Who are some of Brixmor Property Group's key competitors? Some companies that are related to Brixmor Property Group include Ventas (VTR), Sun Communities (SUI), Duke Realty (DRE), Boston Properties (BXP), HCP (HCP), Equity Lifestyle Properties (ELS), Extra Space Storage (EXR), UDR (UDR), WP Carey (WPC), Medical Properties Trust (MPW), ANNALY CAP MGMT/SH (NLY), VICI Properties (VICI), Camden Property Trust (CPT), CyrusOne (CONE) and SINO LD LTD/S (SNLAY). View all 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), Agree Realty (ADC), Nextera Energy Partners (NEP), Occidental Petroleum (OXY), Accenture (ACN), STMicroelectronics (STM) and Micron Technology (MU). Who are Brixmor Property Group's key executives? Brixmor Property Group's management team includes the following 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) What is Brixmor Property Group's stock symbol? Brixmor Property Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "BRX." Who are Brixmor Property Group's major shareholders? Brixmor Property Group's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (11.43%), JPMorgan Chase & Co. (6.47%), State Street Corp (5.08%), Massachusetts Financial Services Co. MA (4.04%), Bank of New York Mellon Corp (3.78%) and Franklin Resources Inc. (2.85%). Company insiders that own Brixmor Property Group stock include Brian T Finnegan, James M Taylor Jr, 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 Morgan Stanley, Cbre Clarion Securities LLC, Deutsche Bank AG, Schroder Investment Management Group, Wellington Management Group LLP, Citigroup Inc., Aew Capital Management L P, and Centersquare Investment Management LLC. Company insiders that have sold Brixmor Property Group company stock in the last year include Brian T Finnegan, and Steven F Siegel. View insider buying and selling activity for Brixmor Property Group. Which major investors are buying Brixmor Property Group stock? BRX stock was purchased by a variety of institutional investors in the last quarter, including Ranger Global Real Estate Advisors LLC, Franklin Resources Inc., Weiss Multi Strategy Advisers LLC, Miller Howard Investments Inc. NY, JPMorgan Chase & Co., Fuller & Thaler Asset Management Inc., Nuveen Asset Management LLC, and Presima Inc.. Company insiders that have bought Brixmor Property Group stock in the last two years include James M Taylor Jr, and Sheryl Maxwell Crosland. View insider buying and selling activity 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 $10.83. How big of a company is Brixmor Property Group? Brixmor Property Group has a market capitalization of $3.21 billion and generates $1.17 billion in revenue each year. The real estate investment trust earns $274.77 million in net income (profit) each year or $1.91 on an earnings per share basis. Brixmor Property Group employs 458 workers across the globe. What is Brixmor Property Group's official website? The official website for Brixmor Property Group is 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] This page was last updated on 5/26/2020 by MarketBeat.com Staff
