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 471 retail centers comprise approximately 80 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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:BRX
Previous Symbol
CUSIPN/A
Phone212-869-3000
Debt
Debt-to-Equity Ratio1.78
Current Ratio0.63
Quick Ratio0.63
Price-To-Earnings
Trailing P/E Ratio7.54
Forward P/E Ratio7.88
P/E Growth2.1
Sales & Book Value
Annual Sales$1.28 billion
Price / Sales3.68
Cash Flow$2.0806 per share
Price / Cash7.57
Book Value$9.59 per share
Price / Book1.64
Profitability
EPS (Most Recent Fiscal Year)$2.09
Net Income$300.29 million
Net Margins28.54%
Return on Equity12.47%
Return on Assets4.04%
Miscellaneous
Employees464
Outstanding Shares299,810,000
Market Cap$4.82 billion
OptionableOptionable
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 announced a quarterly dividend on Tuesday, October 30th. Investors of record on Friday, January 4th will be given a dividend of $0.28 per share on Tuesday, January 15th. This represents a $1.12 annualized dividend and a yield of 7.11%. The ex-dividend date is Thursday, January 3rd. This is an increase from Brixmor Property Group's previous quarterly dividend of $0.28. 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 stock repurchase program on Wednesday, December 6th 2017, which permits the company to buyback $400,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its shares are undervalued.
How were Brixmor Property Group's earnings last quarter?
Brixmor Property Group Inc (NYSE:BRX) released its quarterly earnings data on Monday, October, 29th. The real estate investment trust reported $0.49 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.49. The real estate investment trust earned $306.48 million during the quarter, compared to the consensus estimate of $301.87 million. Brixmor Property Group had a net margin of 28.54% and a return on equity of 12.47%. The company's revenue for the quarter was down 2.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.52 EPS. View Brixmor Property Group's Earnings History.
When is Brixmor Property Group's next earnings date?
What guidance has Brixmor Property Group issued on next quarter's earnings?
Brixmor Property Group issued an update on its FY18 earnings guidance on Monday, October, 29th. The company provided earnings per share (EPS) guidance of $1.89-1.94 for the period, compared to the Thomson Reuters consensus estimate of $1.94. Brixmor Property Group also updated its FY 2018 guidance to $1.89-1.94 EPS.
What price target have analysts set for BRX?
16 analysts have issued 12-month price targets for Brixmor Property Group's stock. Their predictions range from $16.00 to $22.00. On average, they expect Brixmor Property Group's stock price to reach $18.6923 in the next twelve months. This suggests a possible upside of 18.7% from the stock's current price. View Analyst Price Targets for Brixmor Property Group.
What is the consensus analysts' recommendation for Brixmor Property Group?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brixmor Property Group in the last year. There are currently 8 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Brixmor Property Group.
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. " (10/25/2018)
- 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)
Has Brixmor Property Group been receiving favorable news coverage?
News articles about BRX stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. 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 coverage optimism score of 0.6 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the near term.
Who are some of Brixmor Property Group's key competitors?
Some companies that are related to Brixmor Property Group include Boston Properties (BXP), Realty Income (O), Brookfield Property Reit (BPR), Essex Property Trust (ESS), Host Hotels and Resorts (HST), HCP (HCP), Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), ANNALY CAP MGMT/SH (NLY), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), Gecina (GECFF), UDR (UDR), Regency Centers (REG) and Klepierre (KLPEF).
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)
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 shareholders include JPMorgan Chase & Co. (9.10%), BlackRock Inc. (7.30%), Massachusetts Financial Services Co. MA (3.36%), Fuller & Thaler Asset Management Inc. (3.34%), FMR LLC (2.47%) and Daiwa Securities Group Inc. (1.71%). Company insiders that own Brixmor Property Group stock include 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 major 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., Prudential Financial Inc., Standard Life Aberdeen plc, Fuller & Thaler Asset Management Inc., Sumitomo Mitsui Asset Management Company LTD, Deutsche Bank AG, First Trust Advisors LP and Hsbc Holdings PLC. View Insider Buying and Selling for Brixmor Property Group.
Which major investors are buying Brixmor Property Group stock?
BRX stock was acquired by a variety of institutional investors in the last quarter, including LSV Asset Management, Renaissance Technologies LLC, Daiwa Securities Group Inc., Massachusetts Financial Services Co. MA, Alliancebernstein L.P., NN Investment Partners Holdings N.V., Duff & Phelps Investment Management Co. and Franklin Resources Inc.. 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 $15.75.
How big of a company is Brixmor Property Group?
Brixmor Property Group has a market capitalization of $4.82 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.
What is Brixmor Property Group's official website?
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)
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.
