BRX logo

Brixmor Property (BRX) Stock

Profile

Industry:

Retail

Country:

United States

IPO:

30 October 2013

Indexes:

Not included

Description:

Brixmor Property Group Inc. is a real estate investment fund that owns and manages a portfolio of open-air shopping centers. The company was founded in 1985. Its headquarters are located in New York, New York (USA). Brixmor Property Group Inc. owns approximately 400 shopping centers across the United States with a total area of around 70 million square feet. The company partners with around 5000 retail tenants, including major retailers such as The TJX Companies, The Kroger Co., Publix Super Markets, Walmart, Ross Stores, LA Fitness, and others.

Key Details

Price

$27.46

TTM Dividend Yield

3.97%(-11.19% YoY)

PE Ratio

25.43(+10.37% YoY)

Beta

0.53

Events Calendar

Earnings

Next earnings date:

Feb 10, 2025

Recent quarterly earnings:

Oct 28, 2024

Recent annual earnings:

Feb 13, 2024
Dividend

Next ex-dividend date:

Jan 03, 2025

Recent ex-dividend date:

Oct 02, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

24 Dec '24 Evercore ISI Group
In-Line
10 Dec '24 Mizuho
Neutral
06 Dec '24 BMO Capital
Outperform
25 Nov '24 Scotiabank
Sector Outperform
15 Nov '24 Truist Securities
Buy
12 Nov '24 Keybanc
Overweight
29 Oct '24 Stifel
Hold
16 Sept '24 Evercore ISI Group
In-Line
10 Sept '24 Compass Point
Buy
28 Aug '24 Wells Fargo
Equal-Weight

Market Data

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Dividend

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Profitability

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Efficiency

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Valuation

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Liquidity

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Cash Flow

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Institutional Ownership

MOODY'S INVESTOR SERVICES UPGRADES BRIXMOR PROPERTY GROUP CREDIT RATING TO 'Baa2'
MOODY'S INVESTOR SERVICES UPGRADES BRIXMOR PROPERTY GROUP CREDIT RATING TO 'Baa2'
MOODY'S INVESTOR SERVICES UPGRADES BRIXMOR PROPERTY GROUP CREDIT RATING TO 'Baa2'
BRX
prnewswire.com20 December 2024

On December 20, 2024, Brixmor Property Group Inc. announced that Moody's Investor Services upgraded its credit ratings from 'Baa3' to 'Baa2', maintaining a stable outlook. This upgrade is due to the Company's strong performance, high-quality assets, and better leverage ratios.

Investors Are Buying Goldman Sachs Top High-Yield Dividend Picks Hand-Over-Fist
Investors Are Buying Goldman Sachs Top High-Yield Dividend Picks Hand-Over-Fist
Investors Are Buying Goldman Sachs Top High-Yield Dividend Picks Hand-Over-Fist
BRX
247wallst.com15 December 2024

The surge in technology powered by artificial intelligence, led by the group known as the Magnificent 7, has been impressive over the last two years, especially for those who have invested in those stocks.

BRIXMOR PROPERTY GROUP ANNOUNCES FOURTH QUARTER 2024 EARNINGS RELEASE AND TELECONFERENCE DATES
BRIXMOR PROPERTY GROUP ANNOUNCES FOURTH QUARTER 2024 EARNINGS RELEASE AND TELECONFERENCE DATES
BRIXMOR PROPERTY GROUP ANNOUNCES FOURTH QUARTER 2024 EARNINGS RELEASE AND TELECONFERENCE DATES
BRX
prnewswire.com10 December 2024

Brixmor Property Group Inc. (NYSE: BRX) has announced that it will share its earnings for the fourth quarter of 2024 on February 10, 2025, after the market closes. A teleconference will take place on February 11, 2025, at 10:00 AM ET.

Zacks Industry Outlook Highlights Regency Centers, Brixmor Property and Tanger
Zacks Industry Outlook Highlights Regency Centers, Brixmor Property and Tanger
Zacks Industry Outlook Highlights Regency Centers, Brixmor Property and Tanger
BRX
Zacks10 December 2024

This Industry Outlook article has pointed out Regency Centers, Brixmor Property, and Tanger.

3 Retail REIT Leaders Positioned to Thrive Amid Industry Optimism
3 Retail REIT Leaders Positioned to Thrive Amid Industry Optimism
3 Retail REIT Leaders Positioned to Thrive Amid Industry Optimism
BRX
Zacks09 December 2024

With a limited supply and an emphasis on omnichannel retailing, the Zacks REIT and Equity Trust - Retail stocks REG, BRX, and SKT are attracting interest for their ability to succeed in today's market. Their adaptability and essential retail tenants make them stand out.

3 Retail REIT Leaders Positioned to Thrive Amid Industry Optimism
3 Retail REIT Leaders Positioned to Thrive Amid Industry Optimism
3 Retail REIT Leaders Positioned to Thrive Amid Industry Optimism
BRX
zacks.com09 December 2024

With a limited supply and an emphasis on omnichannel retailing, the Zacks REIT and Equity Trust - Retail stocks REG, BRX, and SKT are attracting interest for their ability to succeed in today's market. Their adaptability and focus on essential retail tenants make them stand out.

It Is SNOing In November For REITs
It Is SNOing In November For REITs
It Is SNOing In November For REITs
BRX
seekingalpha.com05 November 2024

Real estate activity is improving as economic uncertainties decrease, especially in data centers and retail, which is boosting future revenue expectations. The leases in these sectors offer clear insights into future rental income, which will influence growth in funds from operations as leases start in 2025-2026. Retail REITs such as CTO and Brixmor are seeing strong growth from high-margin leases that are filling empty spaces, unlike the lower-margin leases in data centers.

Brixmor Property Group: Weighing The Impact Of Non-Essential Retail And Tenant Quality
Brixmor Property Group: Weighing The Impact Of Non-Essential Retail And Tenant Quality
Brixmor Property Group: Weighing The Impact Of Non-Essential Retail And Tenant Quality
BRX
seekingalpha.com04 November 2024

Brixmor Property Group has achieved more than 37% total returns since November 2023, currently offering a forward yield of 4.16% and a low P/FFO multiple of 12.92x. When examining BRX stock, it appears to be an attractive option compared to similar companies like REG, KIM, and FRT. However, I will also explore some reasons that might explain why it is trading at a discount.

Brixmor Property Group Inc. (BRX) Q3 2024 Earnings Call Transcript
Brixmor Property Group Inc. (BRX) Q3 2024 Earnings Call Transcript
Brixmor Property Group Inc. (BRX) Q3 2024 Earnings Call Transcript
BRX
seekingalpha.com29 October 2024

Brixmor Property Group Inc. (NYSE:BRX) will hold its Q3 2024 Earnings Conference Call on October 29, 2024, at 10:00 AM ET. The call will feature company executives, including CEO Jim Taylor and CFO Steve Gallagher, along with various participants from financial institutions. Currently, all attendees are in listen-only mode.

Here's What Key Metrics Tell Us About Brixmor (BRX) Q3 Earnings
Here's What Key Metrics Tell Us About Brixmor (BRX) Q3 Earnings
Here's What Key Metrics Tell Us About Brixmor (BRX) Q3 Earnings
BRX
zacks.com28 October 2024

The financial results for Brixmor (BRX) provide an overview of the company's performance for the quarter ending in September 2024. It may be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.

FAQ

  • What is the primary business of Brixmor Property?
  • What is the ticker symbol for Brixmor Property?
  • Does Brixmor Property pay dividends?
  • What sector is Brixmor Property in?
  • What industry is Brixmor Property in?
  • What country is Brixmor Property based in?
  • When did Brixmor Property go public?
  • Is Brixmor Property in the S&P 500?
  • Is Brixmor Property in the NASDAQ 100?
  • Is Brixmor Property in the Dow Jones?
  • When was Brixmor Property's last earnings report?
  • When does Brixmor Property report earnings?
  • Should I buy Brixmor Property stock now?

What is the primary business of Brixmor Property?

Brixmor Property Group Inc. is a real estate investment fund that owns and manages a portfolio of open-air shopping centers. The company was founded in 1985. Its headquarters are located in New York, New York (USA). Brixmor Property Group Inc. owns approximately 400 shopping centers across the United States with a total area of around 70 million square feet. The company partners with around 5000 retail tenants, including major retailers such as The TJX Companies, The Kroger Co., Publix Super Markets, Walmart, Ross Stores, LA Fitness, and others.

What is the ticker symbol for Brixmor Property?

The ticker symbol for Brixmor Property is NYSE:BRX

Does Brixmor Property pay dividends?

Yes, Brixmor Property pays dividends. The last payment was $0.27, with an ex-dividend date on 02 October 2024

What sector is Brixmor Property in?

Brixmor Property is in the Real Estate sector

What industry is Brixmor Property in?

Brixmor Property is in the Retail industry

What country is Brixmor Property based in?

Brixmor Property is headquartered in United States

When did Brixmor Property go public?

Brixmor Property's initial public offering (IPO) was on 30 October 2013

Is Brixmor Property in the S&P 500?

No, Brixmor Property is not included in the S&P 500 index

Is Brixmor Property in the NASDAQ 100?

No, Brixmor Property is not included in the NASDAQ 100 index

Is Brixmor Property in the Dow Jones?

No, Brixmor Property is not included in the Dow Jones index

When was Brixmor Property's last earnings report?

Brixmor Property's most recent earnings report was on 28 October 2024

When does Brixmor Property report earnings?

The next expected earnings date for Brixmor Property is 10 February 2025

Should I buy Brixmor Property stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions