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

$19.64
+0.07 (+0.36 %)
(As of 09/16/2019 04:00 PM ET)
Today's Range
$19.45
Now: $19.64
$19.66
50-Day Range
$18.06
MA: $18.69
$19.82
52-Week Range
$14.11
Now: $19.64
$19.89
Volume2.23 million shs
Average Volume3.21 million shs
Market Capitalization$5.85 billion
P/E Ratio10.62
Dividend Yield5.72%
Beta0.74
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$2.3160 per share
Book Value$9.46 per share

Profitability

Net Income$366.28 million

Miscellaneous

Employees458
Market Cap$5.85 billion
Next Earnings Date10/28/2019 (Confirmed)
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, July 29th. Stockholders of record on Friday, October 4th will be given a dividend of $0.28 per share on Tuesday, October 15th. This represents a $1.12 annualized dividend and a dividend yield of 5.70%. The ex-dividend date is Thursday, October 3rd. View Brixmor Property Group's Dividend History.

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

Brixmor Property Group declared that its board has authorized a share repurchase 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 reacquire shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its stock is undervalued.

How were Brixmor Property Group's earnings last quarter?

Brixmor Property Group Inc (NYSE:BRX) issued its quarterly earnings results on Monday, July, 29th. The real estate investment trust reported $0.23 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.47 by $0.24. The real estate investment trust earned $291 million during the quarter, compared to analysts' expectations of $286.99 million. Brixmor Property Group had a net margin of 30.07% and a return on equity of 12.66%. The business's quarterly revenue was down 7.0% on a year-over-year basis. During the same quarter in the previous 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, October 28th 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 Monday, October 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for BRX?

10 analysts have issued 12-month price objectives for Brixmor Property Group's stock. Their predictions range from $17.00 to $21.00. On average, they anticipate Brixmor Property Group's share price to reach $19.00 in the next twelve months. This suggests that the stock has a possible downside of 3.3%. 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 headlines about BRX stock have been trending somewhat positive on Monday, according to InfoTrie. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public 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 0.9 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Brixmor Property Group.

Are investors shorting Brixmor Property Group?

Brixmor Property Group saw a decline in short interest in the month of August. As of August 31st, there was short interest totalling 7,967,400 shares, a decline of 20.9% from the July 31st total of 10,071,700 shares. Based on an average daily trading volume, of 2,700,000 shares, the short-interest ratio is presently 3.0 days. Approximately 2.7% of the company's shares are sold short. 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), Occidental Petroleum (OXY), Nextera Energy Partners (NEP) and Charles Schwab (SCHW).

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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (15.47%), BlackRock Inc. (11.63%), BlackRock Inc. (11.63%), JPMorgan Chase & Co. (8.23%), Bank of New York Mellon Corp (3.63%) and Morgan Stanley (2.44%). 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 JPMorgan Chase & Co., Morgan Stanley, BlackRock Inc., BlackRock Inc., Centersquare Investment Management LLC, Renaissance Technologies LLC, AQR Capital Management LLC and Schroder Investment Management Group. 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 Vanguard Group Inc., Nuveen Asset Management LLC, Duff & Phelps Investment Management Co., NN Investment Partners Holdings N.V., Carlson Capital L P, Invesco Ltd., LSV Asset Management and First Manhattan Co.. 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 $19.64.

How big of a company is Brixmor Property Group?

Brixmor Property Group has a market capitalization of $5.85 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:  343 (Vote Outperform)
Underperform Votes:  363 (Vote Underperform)
Total Votes:  706
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 9/16/2019 by MarketBeat.com Staff

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