Brixmor Property Group Inc. is an internally managed real estate investment trust. The Company conducts its operations primarily through Brixmor Operating Partnership LP and subsidiaries (collectively, the Operating Partnership). As of December 31, 2016, it owned interests in 512 shopping centers (the Portfolio) with approximately 86 million square feet of gross leasable area (GLA), including 511 shopping centers and one shopping center held through an unconsolidated joint venture. With an average shopping center size of 167,982 square feet as of December 31, 2016, the Company's portfolio consisted predominantly of community and neighborhood shopping centers. As of December 31, 2016, the Company's properties were located in various states of the United States, such as Texas, Florida, California, New York, Illinois, Georgia, New Jersey, Ohio, North Carolina, Michigan, Connecticut, Tennessee, Kentucky, Colorado, Arizona, Delaware, West Virginia, Vermont, Maine, Oklahoma and New Mexico.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Retail REITs
- Sub-Industry: N/A
- Symbol: NYSE:BRX
- CUSIP: N/A
- Web: www.brixmor.com
- Market Cap: $5.92795 billion
- Outstanding Shares: 304,935,000
- 50 Day Moving Avg: $18.93
- 200 Day Moving Avg: $20.34
- 52 Week Range: $17.35 - $29.14
Sales & Book Value:
- Trailing P/E Ratio: 19.83
- Foreward P/E Ratio: 9.00
- P/E Growth: 1.72
- Annual Revenue: $1.29 billion
- Price / Sales: 4.57
- Book Value: $9.56 per share
- Price / Book: 2.02
- Annual Dividend: $1.04
- Dividend Yield: 5.4%
- EBIDTA: $840.64 million
- Net Margins: 23.06%
- Return on Equity: 10.22%
- Return on Assets: 3.19%
- Debt-to-Equity Ratio: 2.00%
- Current Ratio: 0.67%
- Quick Ratio: 0.67%
- Average Volume: 3.14 million shs.
- Beta: 0.53
- Short Ratio: 1.1
Frequently Asked Questions for Brixmor Property Group (NYSE:BRX)
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 Tuesday, August 1st. Stockholders of record on Thursday, October 5th will be paid a dividend of $0.26 per share on Monday, October 16th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 5.37%. The ex-dividend date is Wednesday, October 4th. View Brixmor Property Group's Dividend History.
How were Brixmor Property Group's earnings last quarter?
Brixmor Property Group Inc. (NYSE:BRX) announced its earnings results on Monday, July, 31st. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.02. The business earned $322.80 million during the quarter, compared to analyst estimates of $315.69 million. Brixmor Property Group had a net margin of 23.06% and a return on equity of 10.22%. The firm's revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.50 earnings per share. View Brixmor Property Group's Earnings History.
When will Brixmor Property Group make its next earnings announcement?
What guidance has Brixmor Property Group issued on next quarter's earnings?
Brixmor Property Group updated its FY17 earnings guidance on Monday, July, 31st. The company provided EPS guidance of $2.05-$2.12 for the period, compared to the Thomson Reuters consensus estimate of $2.09.
Where is Brixmor Property Group's stock going? Where will Brixmor Property Group's stock price be in 2017?
12 analysts have issued 12-month price objectives for Brixmor Property Group's shares. Their forecasts range from $20.00 to $30.00. On average, they expect Brixmor Property Group's share price to reach $25.85 in the next twelve months. View Analyst Ratings for Brixmor Property Group.
Who are some of Brixmor Property Group's key competitors?
Some companies that are related to Brixmor Property Group include Regency Centers Corporation (REG), Kimco Realty Corporation (KIM), Macerich Company (The) (MAC), National Retail Properties (NNN), Weingarten Realty Investors (WRI), CoreSite Realty Corporation (COR), DDR Corp. (DDR), Taubman Centers (TCO), Retail Properties of America (RPAI), Urban Edge Properties (UE), Acadia Realty Trust (AKR), Tanger Factory Outlet Centers (SKT), Retail Opportunity Investments Corp. (ROIC), American Assets Trust (AAT), Kite Realty Group Trust (KRG), Washington Prime Group (WPG), Four Corners Property Trust (FCPT) and Agree Realty Corporation (ADC).
Who are Brixmor Property Group's key executives?
Brixmor Property Group's management team includes the folowing people:
- John G. Schreiber, Chairman of the Board
- James M. Taylor Jr., President, Chief Executive Officer, Director
- Angela M. Aman, Chief Financial Officer, Executive Vice President, Treasurer
- Mark Horgan, Executive Vice President, Chief Investment Officer
- Steven F. Siegel, Executive Vice President, General Counsel, Secretary
- Brian T. Finnegan, Executive Vice President - Leasing
- Carolyn Carter Singh, Executive Vice President, Chief Talent Officer
- Steven T. Gallagher, Senior Vice President, Chief Accounting Officer
- Michael E. Cathers, Senior Vice President - Corporate Accounting
- Thomas W. Dickson, Director
Who owns Brixmor Property Group stock?
Brixmor Property Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (15.39%), BlackRock Inc. (9.53%), JPMorgan Chase & Co. (5.52%), FMR LLC (4.10%), Daiwa Securities Group Inc. (3.72%) and State Street Corp (3.54%). Company insiders that own Brixmor Property Group stock include Brx Holdco Llc, Carolyn Carter Singh, James M Taylor Jr, John Schreiber, Mark Horgan, Real Estate Holding Blackstone, Real Estate Partner Blackstone and Steven F Siegel. View Institutional Ownership Trends for Brixmor Property Group.
Who sold Brixmor Property Group stock? Who is selling Brixmor Property Group stock?
Brixmor Property Group's stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management US Inc., Daiwa Securities Group Inc., FMR LLC, Goldman Sachs Group Inc., Bank of New York Mellon Corp, Sit Investment Associates Inc., Renaissance Technologies LLC and Thrivent Financial For Lutherans. View Insider Buying and Selling for Brixmor Property Group.
Who bought Brixmor Property Group stock? Who is buying Brixmor Property Group stock?
Brixmor Property Group's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., First Manhattan Co., State Street Corp, Macquarie Group Ltd., First Quadrant L P CA, Coronation Fund Managers Ltd., JPMorgan Chase & Co. and Quantitative Investment Management LLC. Company insiders that have bought Brixmor Property Group stock in the last two years include Carolyn Carter Singh, James M Taylor Jr, John Schreiber and Mark Horgan. View Insider Buying and Selling for Brixmor Property Group.
How do I buy Brixmor Property Group stock?
Shares of Brixmor Property Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Brixmor Property Group's stock price today?
MarketBeat Community Rating for Brixmor Property Group (NYSE BRX)MarketBeat's community ratings are surveys of what our community members think about Brixmor Property Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Brixmor Property Group stock can currently be purchased for approximately $19.35.
Consensus Ratings for Brixmor Property Group (NYSE:BRX) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||5 Hold Ratings, 7 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.58)|
|Consensus Price Target: ||$25.85 (33.59% upside)|
Analysts' Ratings History for Brixmor Property Group (NYSE:BRX)
(Data available from 8/17/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/14/2017||Mizuho||Upgrade||Neutral -> Buy||$22.00||Medium|
|8/14/2017||Barclays PLC||Reiterated Rating||Hold||$22.00||Medium|
|8/7/2017||Citigroup Inc.||Boost Price Target||Neutral||$19.00 -> $20.00||Low|
|8/2/2017||Boenning Scattergood||Reiterated Rating||Hold||Medium|
|8/2/2017||Royal Bank Of Canada||Reiterated Rating||Hold||$23.00||Medium|
|2/14/2017||Stifel Nicolaus||Lower Price Target||Buy||$30.00 -> $28.00||N/A|
|1/19/2017||SunTrust Banks, Inc.||Upgrade||Hold -> Buy||$27.00||N/A|
|12/16/2016||J P Morgan Chase & Co||Upgrade||Neutral -> Overweight||$27.50||N/A|
|11/28/2016||Wells Fargo & Company||Upgrade||Market Perform -> Outperform||N/A|
|9/6/2016||Mitsubishi UFJ Financial Group||Reiterated Rating||Neutral||N/A|
|8/22/2016||Evercore ISI||Upgrade||Hold -> Buy||$30.00||N/A|
|8/17/2016||Deutsche Bank AG||Upgrade||Hold -> Buy||$27.00 -> $30.00||N/A|
|3/16/2016||Credit Suisse Group||Initiated Coverage||Neutral||$27.00||N/A|
|3/2/2016||Sandler O'Neill||Upgrade||Hold -> Buy||$27.00||N/A|
|9/8/2015||Evercore Partners Inc||Lower Price Target||Buy||$28.00 -> $27.00||N/A|
Earnings History for Brixmor Property Group (NYSE:BRX)Earnings History by Quarter for Brixmor Property Group (NYSE BRX)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/31/2017||Q2 2017||$0.51||$0.53||$315.69 million||$322.80 million||View||N/A|
|5/1/2017||Q1 2017||$0.52||$0.53||$317.02 million||$325.80 million||View||Listen|
|2/13/2017||Q416||$0.51||$0.31||$322.05 million||$324.00 million||View||N/A|
|10/24/2016||Q316||$0.51||$0.51||$312.70 million||$318.58 million||View||N/A|
|7/25/2016||Q216||$0.50||$0.50||$315.21 million||$295.43 million||View||N/A|
|4/26/2016||Q1||$0.51||$0.53||$320.70 million||$323.10 million||View||N/A|
|2/29/2016||Q4||$0.51||$0.51||$319.70 million||$325.60 million||View||Listen|
|10/26/2015||Q315||$0.50||$0.51||$314.14 million||$313.00 million||View||Listen|
|7/27/2015||Q215||$0.49||$0.49||$312.97 million||$312.10 million||View||Listen|
|4/27/2015||Q116||$0.48||$0.10||$313.99 million||$315.30 million||View||N/A|
|2/9/2015||Q315||$0.44||$0.08||$309.94 million||$314.60 million||View||N/A|
|10/27/2014||Q314||$0.47||$0.47||$308.68 million||$306.60 million||View||N/A|
|8/5/2014||Q215||$0.45||$0.10||$305.60 million||$308.10 million||View||N/A|
|5/7/2014||Q115||$0.06||$0.07||$305.67 million||$307.69 million||View||N/A|
Earnings Estimates for Brixmor Property Group (NYSE:BRX)
2017 EPS Consensus Estimate: $2.09
2018 EPS Consensus Estimate: $2.14
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Brixmor Property Group (NYSE:BRX)
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||106.12% (Trailing 12 Months of Earnings) |
49.52% (Based on This Year's Estimates)
48.37% (Based on Next Year's Estimates)
Dividend History by Quarter for Brixmor Property Group (NYSE BRX)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Brixmor Property Group (NYSE:BRX)
Insider Ownership Percentage: 0.27%Insider Trades by Quarter for Brixmor Property Group (NYSE:BRX)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/16/2017||Carolyn Carter Singh||Insider||Buy||1,000||$17.85||$17,850.00|| |
|5/11/2017||John Schreiber||Director||Buy||10,000||$18.85||$188,500.00|| |
|5/8/2017||James M Taylor Jr||Insider||Buy||5,300||$18.77||$99,481.00|| |
|5/4/2017||James M Taylor Jr||Insider||Buy||14,000||$18.60||$260,400.00|| |
|5/4/2017||Mark Horgan||EVP||Buy||2,700||$18.75||$50,625.00|| |
|3/8/2017||James M Taylor Jr||Insider||Buy||5,000||$21.17||$105,850.00|| |
|1/31/2017||Steven F. Siegel||EVP||Sell||6,000||$24.22||$145,320.00|| |
|12/30/2016||Steven F. Siegel||Insider||Sell||6,000||$24.31||$145,860.00|| |
|11/21/2016||James M Taylor Jr||Insider||Buy||10,000||$23.82||$238,200.00|| |
|11/18/2016||John Schreiber||Director||Buy||10,000||$23.70||$237,000.00|| |
|10/31/2016||Steven F. Siegel||Insider||Sell||6,000||$25.26||$151,560.00|| |
|9/30/2016||Steven F. Siegel||Insider||Sell||6,000||$27.98||$167,880.00|| |
|8/16/2016||Brx Holdco Llc||Major Shareholder||Sell||42,400,000||$27.30||$1,157,520,000.00|| |
|7/29/2016||Steven F. Siegel||Insider||Sell||6,000||$28.39||$170,340.00|| |
|7/6/2016||Real Estate Holding Blackstone||Major Shareholder||Sell||20,000,000||$26.01||$520,200,000.00|| |
|6/30/2016||Steven F. Siegel||EVP||Sell||6,000||$26.34||$158,040.00|| |
|5/31/2016||Steven F Siegel||EVP||Sell||6,000||$25.32||$151,920.00|| |
|5/4/2016||Brx Holdco Llc||Major Shareholder||Sell||20,000,000||$25.13||$502,600,000.00|| |
|4/29/2016||Steven F Siegel||EVP||Sell||6,000||$25.11||$150,660.00|| |
|11/30/2015||Steven F Siegel||Insider||Sell||3,000||$25.21||$75,630.00|| |
|11/6/2015||Real Estate Partner Blackstone||Major Shareholder||Sell||14,000,000||$25.96||$363,440,000.00|| |
|10/30/2015||Steven F Siegel||Insider||Sell||3,000||$25.60||$76,800.00|| |
|10/16/2015||Steven F Siegel||Insider||Sell||3,000||$25.00||$75,000.00|| |
|7/15/2015||Michael A Carroll||CEO||Buy||9,146||$23.90||$218,589.40|| |
|4/15/2015||Michael A Carroll||CEO||Buy||8,691||$24.93||$216,666.63|| |
|3/27/2015||Real Estate Partner Blackstone||Major Shareholder||Sell||22,500,000||$25.98||$584,550,000.00|| |
|2/25/2015||Michael B Berman||Director||Buy||5,000||$25.75||$128,750.00|| |
|11/17/2014||Brx Holdco Llc||Major Shareholder||Sell||3,750,000||$23.16||$86,850,000.00|| |
|9/12/2014||Michael A Carroll||CEO||Buy||15,000||$23.33||$349,950.00|| |
|9/10/2014||Anthony W Deering||Director||Buy||20,950||$23.55||$493,372.50|| |
|12/16/2013||Anthony Deering||Director||Buy||24,750||$20.01||$495,247.50|| |
Headline Trends for Brixmor Property Group (NYSE:BRX)
Latest Headlines for Brixmor Property Group (NYSE:BRX)
Brixmor Property Group (BRX) Chart for Thursday, August, 17, 2017