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 445 retail centers comprise approximately 77 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 Ratio7.88
Forward P/E Ratio8.23
P/E Growth1.37
Sales & Book Value
Annual Sales$1.28 billion
Price / Sales3.85
Cash Flow$2.1239 per share
Price / Cash Flow7.75
Book Value$9.54 per share
Price / Book1.73
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$4.93 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 declared a quarterly dividend on Tuesday, October 30th. Stockholders of record on Friday, January 4th will be paid a dividend of $0.28 per share on Tuesday, January 15th. This represents a $1.12 annualized dividend and a dividend yield of 6.80%. 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 approved a stock buyback program on Wednesday, December 6th 2017, which allows the company to repurchase $400,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are usually a sign 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) announced its quarterly earnings data on Monday, October, 29th. The real estate investment trust reported $0.49 EPS for the quarter, meeting analysts' consensus estimates of $0.49. The real estate investment trust had revenue of $306.48 million for the quarter, compared to analysts' expectations of $301.87 million. Brixmor Property Group had a net margin of 28.54% and a return on equity of 12.47%. Brixmor Property Group's revenue was down 2.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.52 earnings per share. View Brixmor Property Group's Earnings History.
When is Brixmor Property Group's next earnings date?
How can I listen to Brixmor Property Group's earnings call?
Brixmor Property Group will be holding an earnings conference call on Tuesday, February 12th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8777056003.
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 guidance of $1.89-1.94 for the period, compared to the Thomson Reuters consensus EPS 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 equities research analysts have issued 1 year price objectives for Brixmor Property Group's stock. Their predictions range from $16.00 to $21.00. On average, they anticipate Brixmor Property Group's stock price to reach $18.4167 in the next twelve months. This suggests a possible upside of 11.9% 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.
Has Brixmor Property Group been receiving favorable news coverage?
Headlines about BRX stock have been trending somewhat positive this week, according to InfoTrie. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Brixmor Property Group earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are some of Brixmor Property Group's key competitors?
Some companies that are related to Brixmor Property Group include Realty Income (O), SBA Communications (SBAC), Boston Properties (BXP), Weyerhaeuser (WY), Essex Property Trust (ESS), HCP (HCP), ANNALY CAP MGMT/SH (NLY), Host Hotels and Resorts (HST), Alexandria Real Estate Equities (ARE), Vornado Realty Trust (VNO), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), SINO LD LTD/S (SNLAY), WP Carey (WPC) and UDR (UDR).
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 a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc (14.33%), JPMorgan Chase & Co. (9.10%), BlackRock Inc. (7.30%), Cohen & Steers Inc. (6.14%), Morgan Stanley (3.51%) and Massachusetts Financial Services Co. MA (3.36%). 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 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., Prudential Financial Inc., Standard Life Aberdeen plc, Fuller & Thaler Asset Management Inc., Sumitomo Mitsui Asset Management Company LTD, Deutsche Bank AG, Marshall Wace LLP and Standard Life Aberdeen plc. View Insider Buying and Selling for Brixmor Property Group.
Which institutional investors are buying Brixmor Property Group stock?
BRX stock was purchased by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., LSV Asset Management, Renaissance Technologies LLC, Daiwa Securities Group Inc., Morgan Stanley, Macquarie Group Ltd., Massachusetts Financial Services Co. MA and Alliancebernstein L.P.. 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 $16.46.
How big of a company is Brixmor Property Group?
Brixmor Property Group has a market capitalization of $4.93 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.
