Brixmor Property Group Inc. (BRX)

NYSE: BRX · Real-Time Price · USD
27.26
-0.20 (-0.73%)
Feb 21, 2025, 4:00 PM EST - Market closed
-0.73%
Market Cap 8.34B
Revenue (ttm) 1.29B
Net Income (ttm) 338.72M
Shares Out 305.93M
EPS (ttm) 1.11
PE Ratio 24.56
Forward PE 29.62
Dividend $1.15 (4.22%)
Ex-Dividend Date Apr 2, 2025
Volume 1,781,870
Open 27.58
Previous Close 27.46
Day's Range 26.93 - 27.60
52-Week Range 20.80 - 30.67
Beta 1.56
Analysts Buy
Price Target 30.38 (+11.45%)
Earnings Date Feb 10, 2025

About BRX

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 360 retail centers comprise approximately 63 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 over 5,000 retailers incl... [Read more]

Industry REIT - Retail
Sector Real Estate
IPO Date Oct 30, 2013
Employees 513
Stock Exchange NYSE
Ticker Symbol BRX
Full Company Profile

Financial Performance

In 2024, Brixmor Property Group's revenue was $1.29 billion, an increase of 3.21% compared to the previous year's $1.25 billion. Earnings were $338.72 million, an increase of 11.33%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for BRX stock is "Buy." The 12-month stock price forecast is $30.38, which is an increase of 11.45% from the latest price.

Price Target
$30.38
(11.45% upside)
Analyst Consensus: Buy
Stock Forecasts

News

REITs Win As Weak Retailers Go Bankrupt

Retailer bankruptcies present opportunities for REITs due to high demand and low supply of shopping center space, leading to higher rents and better tenants. Leases are both liabilities and assets; ba...

Other symbols: KRG
2 days ago - Seeking Alpha

Brixmor Property: Income And Value All In One

Brixmor Property offers a well-covered dividend supported by resilient fundamentals, strong occupancy, and strategic redevelopment projects with high NOI yields. BRX's portfolio of grocery-anchored ce...

8 days ago - Seeking Alpha

Brixmor Property Group Inc. (BRX) Q4 2024 Earnings Call Transcript

Brixmor Property Group Inc. (NYSE:BRX) Q4 2024 Earnings Conference Call February 11, 2025 10:00 AM ET Company Participants Stacy Slater - SVP, IR Jim Taylor - CEO Brian Finnegan - President and COO S...

10 days ago - Seeking Alpha

BRIXMOR PROPERTY GROUP REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS

- Continues to Leverage Strong Tenant Demand - NEW YORK , Feb. 10, 2025 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today its operating results for t...

11 days ago - PRNewsWire

BRIXMOR PROPERTY GROUP ANNOUNCES TAX REPORTING INFORMATION FOR 2024 DISTRIBUTIONS

NEW YORK , Jan. 15, 2025 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today the tax reporting information for the 2024 distributions on its common sto...

5 weeks ago - PRNewsWire

Fire And Ice

US equity markets tumbled this week while benchmark interest rates surged to the cusp of multi-decade highs after a critical slate of employment data showed surprisingly buoyant labor market trends. P...

5 weeks ago - Seeking Alpha

BRIXMOR PROPERTY GROUP PROVIDES UPDATE ON FOURTH QUARTER INVESTMENT ACTIVITY

NEW YORK , Jan. 7, 2025 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today investment activity for the three and twelve months ended December 31, 2024...

6 weeks ago - PRNewsWire

REITs Remain On Naughty List

U.S. equity markets rebounded after their worst week since November, while interest rates swelled to fresh seven-month highs as investors parsed data showing relatively strong retail and travel demand...

7 weeks ago - Seeking Alpha

MOODY'S INVESTOR SERVICES UPGRADES BRIXMOR PROPERTY GROUP CREDIT RATING TO 'Baa2'

NEW YORK , Dec. 20, 2024 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today that Moody's Investor Services ("Moody's") raised its issuer credit rating...

2 months ago - PRNewsWire

BRIXMOR PROPERTY GROUP ANNOUNCES FOURTH QUARTER 2024 EARNINGS RELEASE AND TELECONFERENCE DATES

NEW YORK , Dec. 10, 2024 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) today announced that it will release its 2024 fourth quarter earnings on Monday, February 10, 2025 after the market clo...

2 months ago - PRNewsWire

Property Type Round-Up From REITworld 2024

REITs are poised for growth with stabilizing interest rates, low new supply, and robust balance sheets supporting higher rents and long-term asset growth. Healthcare REITs benefit from strong senior h...

Other symbols: AHRAMHAMTAVBBXBXPCDP
2 months ago - Seeking Alpha

It Is SNOing In November For REITs

Real estate activity is rebounding as macroeconomic uncertainties clear, with significant leasing volume in data centers and retail sectors, leading to future revenue visibility. SNO leases in data ce...

Other symbols: CTODLREGPREG
3 months ago - Seeking Alpha

Brixmor Property Group: Weighing The Impact Of Non-Essential Retail And Tenant Quality

Brixmor Property Group has delivered over 37% total returns since November 2023, with a current forward yield of 4.16% and a low P/FFO multiple of 12.92x. Looking at BRX stock, I can see a compelling ...

3 months ago - Seeking Alpha

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

Brixmor Property Group Inc. (NYSE:BRX) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Samantha Strong - VP, IR Jim Taylor - CEO Brian Finnegan - President and COO ...

4 months ago - Seeking Alpha

BRIXMOR PROPERTY GROUP REPORTS THIRD QUARTER 2024 RESULTS

- Delivered Record Occupancy and ABR PSF - NEW YORK , Oct. 28, 2024 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today its operating results for the t...

4 months ago - PRNewsWire

Hurricane Helene: REIT Property Damage Report

Hurricane Helene caused significant flooding in Ashville, NC, and Atlanta, GA, impacting numerous REIT-owned properties, but the financial impact on REITs is likely less severe than it appears. REITs ...

Other symbols: AMHAPLEBXEGPEXRFCPTGNL
5 months ago - Seeking Alpha

Best Dividend Stocks For An Autumn Slump

Autumn is historically a challenging season for investors, due to a pattern of heightened volatility, lower returns, and October's reputation for financial crises contributing to weaker investor senti...

Other symbols: EBFSLF
5 months ago - Seeking Alpha

Brixmor: A Dividend Growth Stock At A Good Price

Brixmor Property Group offers strong growth potential with attractive dividend increases, manageable debt, and a well-diversified portfolio. The REIT's 100% fixed-rate and unsecured debt as well as it...

5 months ago - Seeking Alpha

If I Was Retiring In 10-20 Years With 10 REITs - Part 1

This series will focus on REITs suitable for pre-retirees, addressing diversification and Buffett's "punch card" rule, emphasizing careful asset selection. Diversification is crucial for most investor...

Other symbols: AREWPC
5 months ago - Seeking Alpha

Shopping Center REITs Are Hot: Pick A Winner

The current environment is favorable for REITs, with normalized prices, falling Treasury yields, and expected prime rate cuts. Shopping Center REITs offer above-average yields (3.88%) and superior gro...

Other symbols: AKRALEXBFSCTOFRTIVTKIM
5 months ago - Seeking Alpha

BRIXMOR PROPERTY GROUP ANNOUNCES THIRD QUARTER 2024 EARNINGS RELEASE AND TELECONFERENCE DATES

NEW YORK , Sept. 4, 2024 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) today announced that it will release its 2024 third quarter earnings on Monday, October 28, 2024 after the market close...

6 months ago - PRNewsWire

Brixmor Property Group To Present At BofA Securities 2024 Global Real Estate Conference

NEW YORK , Aug. 29, 2024 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) today announced that the Company will present at the BofA Securities 2024 Global Real Estate Conference on Tuesday, Sep...

6 months ago - PRNewsWire

Brixmor Property Group Inc. (BRX) Q2 2024 Earnings Call Transcript

Brixmor Property Group Inc. (NYSE:BRX) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Stacy Slater – Senior Vice President-Investor Relations and Capital Markets Jim ...

7 months ago - Seeking Alpha

Brixmor Property: Strong Leasing Boosts Q2 Results And Creates Further Upside

Brixmor Property Group shares have risen 8% in the past year despite interest rate pressures, with momentum building on expectations of Federal Reserve rate cuts. Q2 results showed strong leasing acti...

7 months ago - Seeking Alpha

BRIXMOR PROPERTY GROUP REPORTS SECOND QUARTER 2024 RESULTS

- Continued to Deliver Record Operating Metrics - - Increased Nareit FFO and Same Property NOI Growth Expectations For 2024 - - Announced Executive Promotions - NEW YORK , July 29, 2024 /PRNewswire/ -...

7 months ago - PRNewsWire