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

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$17.85 -0.02 (-0.11 %)
(As of 04/26/2019 04:05 AM ET)
Previous Close$17.87
Today's Range$17.69 - $17.99
52-Week Range$13.96 - $18.71
Volume1.38 million shs
Average Volume3.92 million shs
Market Capitalization$5.32 billion
P/E Ratio9.65
Dividend Yield6.27%
Beta0.77
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. 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.

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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$2.3487 per share
Book Value$9.46 per share

Profitability

Net Income$366.28 million

Miscellaneous

Employees458
Market Cap$5.32 billion
Next Earnings Date4/29/2019 (Confirmed)
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, February 12th. Stockholders of record on Friday, April 5th will be paid a dividend of $0.28 per share on Monday, April 15th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 6.27%. The ex-dividend date of this dividend is Thursday, April 4th. View Brixmor Property Group's Dividend History.

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

Brixmor Property Group declared that its Board of Directors has approved a stock repurchase plan on Wednesday, December 6th 2017, which permits the company to repurchase $400,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are usually 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) posted its earnings results on Monday, February, 11th. The real estate investment trust reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.43 by $0.17. The real estate investment trust had revenue of $297.66 million for the quarter, compared to analyst estimates of $302.22 million. Brixmor Property Group had a net margin of 29.67% and a return on equity of 12.82%. 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, April 29th 2019. View Earnings Estimates for Brixmor Property Group.

What guidance has Brixmor Property Group issued on next quarter's earnings?

Brixmor Property Group updated its FY 2019 earnings guidance on Monday, February, 11th. The company provided earnings per share guidance of $2.00-2.00 for the period.

What price target have analysts set for BRX?

14 brokerages have issued twelve-month price targets for Brixmor Property Group's shares. Their forecasts range from $17.00 to $21.00. On average, they anticipate Brixmor Property Group's stock price to reach $18.3889 in the next year. This suggests a possible upside of 3.0% from the stock's current price. View Analyst Price Targets 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 8 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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. " (4/9/2019)
  • 2. Barclays PLC analysts commented, "We are updating our model for 4Q18 results. Brixmor reported 4Q18 FFO per share of $0.40 (-22.6% Y/Y), in-line with our estimate and $0.02 below consensus ($0.42), bringing Y/Y) driven by asset sales. Neither our estimate nor consensus included the $0.02 charge due to an SEC fine from the 2016 investigation of prior management. Therefore, on a like-for-like basis, 4Q18 FFO/ps was $0.02 ahead. Please see our 2/11/19 report, BRX – Initial View – Fourth Quarter . 2018 Earnings Stock Thoughts/Forward Outlook. BRX’s relative valuation appears inexpensive (P /CAD: 11.0x vs 18.1x sub-sector average) and the dividend is well-covered (CAD payout: 72% vs peers 82%). On the other hand, BRX has outperformed YTD (+17. 2% vs peers: +13.3%, RMZ: +12.0%), in line with other companies with portfolios concentrated in secondary markets." (3/6/2019)

Has Brixmor Property Group been receiving favorable news coverage?

News stories about BRX stock have trended somewhat negative this week, InfoTrie reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Brixmor Property Group earned a coverage optimism score of -1.1 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days.

Are investors shorting Brixmor Property Group?

Brixmor Property Group saw a decline in short interest in April. As of April 15th, there was short interest totalling 9,048,232 shares, a decline of 29.5% from the March 29th total of 12,831,313 shares. Based on an average daily volume of 2,309,996 shares, the days-to-cover ratio is presently 3.9 days. Currently, 3.0% of the company's stock are short sold. 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), Micron Technology (MU), Agree Realty (ADC), Accenture (ACN), Charles Schwab (SCHW), Vicor (VICR) and Fiat Chrysler Automobiles (FCAU).

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 a variety of of institutional and retail investors. Top institutional shareholders include Duff & Phelps Investment Management Co. (0.75%), Presima Inc. (0.70%), First Manhattan Co. (0.69%), Timbercreek Investment Management Inc. (0.30%), Strs Ohio (0.14%) and Retirement Systems of Alabama (0.13%). Company insiders that own Brixmor Property Group stock include Carolyn Carter Singh, Gabrielle Greene-Sulzberger, James M Taylor Jr, John Schreiber, Mark Horgan and Sheryl Maxwell Crosland. 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 Los Angeles Capital Management & Equity Research Inc., Coronation Fund Managers Ltd., Duff & Phelps Investment Management Co., Presima Inc., Quantitative Systematic Strategies LLC, Strs Ohio, Timbercreek Investment Management Inc. and First Hawaiian Bank. View Insider Buying and Selling for Brixmor Property Group.

Which major investors are buying Brixmor Property Group stock?

BRX stock was bought by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, First Manhattan Co., First Quadrant L P CA, Louisiana State Employees Retirement System, Virginia Retirement Systems ET AL, New Mexico Educational Retirement Board, BNP Paribas Arbitrage SA and Nisa Investment Advisors 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 $17.85.

How big of a company is Brixmor Property Group?

Brixmor Property Group has a market capitalization of $5.32 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.

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:  315 (Vote Outperform)
Underperform Votes:  336 (Vote Underperform)
Total Votes:  651
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 4/26/2019 by MarketBeat.com Staff

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