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

Brixmor Property Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "BRX."

Brixmor Property Group announced a quarterly dividend on Monday, July 29th. Stockholders of record on Friday, October 4th will be paid a dividend of $0.28 per share on Tuesday, October 15th. This represents a $1.12 annualized dividend and a dividend yield of 5.65%. The ex-dividend date of this dividend is Thursday, October 3rd. View Brixmor Property Group's Dividend History.

Brixmor Property Group announced that its board has approved a share repurchase program on Wednesday, December 6th 2017, which authorizes the company to repurchase $400,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.

Brixmor Property Group Inc (NYSE:BRX) released its quarterly earnings results on Monday, July, 29th. The real estate investment trust reported $0.23 EPS for the quarter, missing analysts' consensus estimates of $0.47 by $0.24. The real estate investment trust earned $291 million during the quarter, compared to the consensus estimate of $286.99 million. Brixmor Property Group had a return on equity of 12.66% and a net margin of 30.07%. Brixmor Property Group's revenue for the quarter was down 7.0% compared to the same quarter last year. During the same period last year, the business posted $0.51 EPS. View Brixmor Property Group's Earnings History.

Brixmor Property Group is scheduled to release their next quarterly earnings announcement on Monday, October 28th 2019. View Earnings Estimates for Brixmor Property Group.

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.

10 brokers have issued 1 year price objectives for Brixmor Property Group's stock. Their forecasts range from $17.00 to $21.00. On average, they anticipate Brixmor Property Group's stock price to reach $19.00 in the next twelve months. This suggests that the stock has a possible downside of 4.1%. View Analyst Price Targets 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.

Media stories about BRX stock have trended somewhat negative on Sunday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Brixmor Property Group earned a news sentiment score of -1.3 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Brixmor Property Group.

Brixmor Property Group saw a drop in short interest in the month of August. As of August 31st, there was short interest totalling 7,967,400 shares, a drop 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 days-to-cover ratio is currently 3.0 days. Currently, 2.7% of the company's shares are short sold. View Brixmor Property Group's Current Options Chain.

Some companies that are related to Brixmor Property Group include Essex Property Trust (ESS), Weyerhaeuser (WY), Boston Properties (BXP), Alexandria Real Estate Equities (ARE), HCP (HCP), WP Carey (WPC), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), UDR (UDR), Sun Communities (SUI), ANNALY CAP MGMT/SH (NLY), Host Hotels and Resorts (HST), Equity Lifestyle Properties (ELS), Duke Realty (DRE) and Vornado Realty Trust (VNO).

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).

Brixmor Property Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders 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.

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.

BRX stock was purchased 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.

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.

One share of BRX stock can currently be purchased for approximately $19.81.

Brixmor Property Group has a market capitalization of $5.90 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.

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

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]