NYSE:BRX - Brixmor Property Group Stock Price, Price Target & More

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$17.27 -0.09 (-0.52 %)
(As of 07/16/2018 04:00 PM ET)
Previous Close$17.36
Today's Range$17.08 - $17.32
52-Week Range$13.74 - $20.59
Volume2.18 million shs
Average Volume3.80 million shs
Market Capitalization$5.26 billion
P/E Ratio8.27
Dividend Yield6.36%
Beta0.4
Brixmor Property Group logoBrixmor Property Group, a real estate investment trust (REIT), is a leading owner and operator of high-quality, open-air shopping centers. The Company's more than 475 retail centers comprise 82 million square feet in established trade areas across the nation and are supported by a diverse mix of highly productive non-discretionary and value-oriented retailers, as well as consumer-oriented service providers. Brixmor is committed to maximizing the value of its portfolio by prioritizing investments, cultivating relationships and capitalizing on embedded growth opportunities through driving rents, increasing occupancy and pursuing value-enhancing reinvestment opportunities. Headquartered in New York City, Brixmor is a partner to more than 5,000 best-in-class national, regional and local tenants and is one of the largest landlords to The TJX Companies and The Kroger Company.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:BRX
CUSIPN/A
Phone212-869-3000

Debt

Debt-to-Equity Ratio1.96
Current Ratio0.67
Quick Ratio0.67

Price-To-Earnings

Trailing P/E Ratio8.27
Forward P/E Ratio8.64
P/E Growth2.21

Sales & Book Value

Annual Sales$1.28 billion
Price / Sales4.08
Cash Flow$2.1112 per share
Price / Cash8.18
Book Value$9.54 per share
Price / Book1.81

Profitability

EPS (Most Recent Fiscal Year)$2.09
Net Income$300.29 million
Net Margins22.73%
Return on Equity9.98%
Return on Assets3.16%

Miscellaneous

Employees464
Outstanding Shares302,830,000
Market Cap$5,257.06

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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 Tuesday, May 1st. Stockholders of record on Friday, July 6th will be given a dividend of $0.275 per share on Monday, July 16th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 6.37%. The ex-dividend date is Thursday, July 5th. View Brixmor Property Group's Dividend History.

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

Brixmor Property Group announced that its board has approved a share repurchase plan on Wednesday, December 6th 2017, which authorizes the company to repurchase $400,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically 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) issued its quarterly earnings results on Monday, April, 30th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.51 by $0.31. The real estate investment trust earned $317.17 million during the quarter, compared to analyst estimates of $315.84 million. Brixmor Property Group had a net margin of 22.73% and a return on equity of 9.98%. Brixmor Property Group's revenue for the quarter was down 2.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.53 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, July, 30th 2018. View Earnings Estimates for Brixmor Property Group.

What price target have analysts set for BRX?

14 analysts have issued 1 year target prices for Brixmor Property Group's shares. Their forecasts range from $16.00 to $22.00. On average, they expect Brixmor Property Group's stock price to reach $18.3182 in the next year. This suggests a possible upside of 6.1% from the stock's current price. View Analyst Ratings for Brixmor Property Group.

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

14 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 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

What are Wall Street analysts saying about Brixmor Property Group stock?

Here are some recent quotes from research analysts about Brixmor Property Group stock:
  • 1. According to Zacks Investment Research, "Brixmor Property Group Inc. operates as a real estate investment trust. It owns and operates a portfolio of grocery-anchored community and neighborhood shopping centers primarily in the United States. Brixmor Property Group Inc. is based in United States. " (2/14/2018)
  • 2. Boenning Scattergood analysts commented, "We were perhaps too early in our upgrade, but believe reduced leverage should position the company to start repurchasing shares in 2018. We continue to rate BRX as Outperform given its deep discount to NAV and solid underlying fundamentals driven by strong releasing spreads." (11/21/2017)

Are investors shorting Brixmor Property Group?

Brixmor Property Group saw a decrease in short interest in the month of June. As of June 29th, there was short interest totalling 5,560,147 shares, a decrease of 37.7% from the June 15th total of 8,928,180 shares. Based on an average daily trading volume, of 3,183,534 shares, the days-to-cover ratio is currently 1.7 days. Currently, 1.8% of the shares of the stock are short sold. View Brixmor Property Group's Current Options Chain.

Who are some of Brixmor Property Group's key competitors?

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 51)
  • Ms. Angela M. Aman, Exec. VP, CFO & Treasurer (Age 39)
  • Mr. Mark T. Horgan, Exec. VP & Chief Investment Officer (Age 42)
  • Mr. Steven F. Siegel, Exec. VP, Gen. Counsel & Sec. (Age 58)
  • Mr. Brian T. Finnegan, Exec. VP of Leasing (Age 37)

Has Brixmor Property Group been receiving favorable news coverage?

Media stories about BRX stock have trended somewhat negative recently, according to Accern. The research group identifies positive and negative news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Brixmor Property Group earned a coverage optimism score of 0.00 on Accern's scale. They also gave headlines about the real estate investment trust an impact score of 44.27 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

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 Financial & Investment Management Group Ltd. (0.17%), State of Alaska Department of Revenue (0.05%), Bank of Montreal Can (0.04%), CenturyLink Investment Management Co (0.03%), Truewealth LLC (0.02%) and Xact Kapitalforvaltning AB (0.02%). Company insiders that own Brixmor Property Group stock include Brx Holdco Llc, Carolyn Carter Singh, Gabrielle Greene-Sulzberger, James M Taylor Jr, John Schreiber, Mark Horgan, Sheryl Maxwell Crosland and Steven F Siegel. 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 Bank of Montreal Can, State of Alaska Department of Revenue, Truewealth LLC and Xact Kapitalforvaltning AB. View Insider Buying and Selling for Brixmor Property Group.

Which institutional investors are buying Brixmor Property Group stock?

BRX stock was acquired by a variety of institutional investors in the last quarter, including CenturyLink Investment Management Co, Financial & Investment Management Group Ltd., Dalton Greiner Hartman Maher & Co. and Nwam LLC. Company insiders that have bought Brixmor Property Group stock in the last two years include Carolyn Carter Singh, 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, Scottrade, Fidelity and Charles Schwab.

What is Brixmor Property Group's stock price today?

One share of BRX stock can currently be purchased for approximately $17.27.

How big of a company is Brixmor Property Group?

Brixmor Property Group has a market capitalization of $5.26 billion and generates $1.28 billion in revenue each year. The real estate investment trust earns $300.29 million in net income (profit) each year or $2.09 on an earnings per share basis. Brixmor Property Group employs 464 workers across the globe.

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:  247 (Vote Outperform)
Underperform Votes:  278 (Vote Underperform)
Total Votes:  525
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 7/16/2018 by MarketBeat.com Staff

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