Brixmor Property Group
BRX
Market cap $8.22B

27.29 USD

-0.02

0.07%

At close Oct 4, 4:00 PM EDT

After hours

27.29

+0.00

0%

1 day

-0.07%

5 days

-0.26%

1 month

0.40%

3 months

20.86%

6 months

22.82%

Year to date

17.53%

1 year

37.20%

5 years

34.10%

About: Brixmor Property Group Inc is a real estate investment trust based in the United States. The company owns and operates a portfolio of grocery-anchored community and neighborhood shopping centers across the United States. It leases its rentable areas to retailers, restaurants, theatres, entertainment venues, and fitness centers, with the company's tenants consisting of large department stores, discount retailers, and grocery stores. The company is an internally managed REIT. The company operates in Florida, Texas, California, New York, Pennsylvania, Illinois, New Jersey, Georgia, North Carolina, Michigan, Ohio and other states.

Employees: 513

Financials Real Estate Investment Trusts

0

Funds holding %

of 6,728 funds

0

Analysts bullish %

of 13 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

608% more call options, than puts

Call options by funds: $3.82M | Put options by funds: $540K

33% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]

32% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 38

4% more funds holding

Funds holding: 332 [Q1] → 344 (+12) [Q2]

1.59% more ownership

Funds ownership: 95.47% [Q1] → 97.05% (+1.59%) [Q2]

1% more repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 126

0% more capital invested

Capital invested by funds: $6.73B [Q1] → $6.74B (+$7.13M) [Q2]

See Fund Rankings

Research analyst outlook

13 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$26

7%

downside

Avg. target

$28

4%

upside

High target

$33

21%

upside

13 analyst ratings

8 positive

62%

5 neutral

38%

0 negative

0%

Evercore ISI Group Samir Khanal 25% 1-year accuracy 1 / 4 met price target	3%upside $28	In-Line Maintained	16 Sept 2024
Compass Point Floris Van Dijkum 69% 1-year accuracy 9 / 13 met price target	10%upside $30	Buy Maintained	10 Sept 2024
Evercore ISI Group Samir Khanal 25% 1-year accuracy 1 / 4 met price target	1%downside $27	In-Line Maintained	28 Aug 2024
Wells Fargo Dori Kesten 52% 1-year accuracy 14 / 27 met price target	3%upside $28	Equal-Weight Maintained	28 Aug 2024
Scotiabank Greg McGinniss 60% 1-year accuracy 3 / 5 met price target	6%upside $29	Sector Outperform Maintained	26 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 12 articles about BRX published over the past 30 days

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 typically experience knee-jerk selloffs after property damage announcements, but these are often over-reactions and tend to reverse over time. Most REIT-owned properties are durable and well-insured, mitigating long-term financial impacts, though insurance rates may rise, affecting future expenses.

Hurricane Helene: REIT Property Damage Report

Zacks Investment Research

Brixmor Property (BRX) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Brixmor Property (BRX) have what it takes?

Brixmor Property (BRX) Could Be a Great Choice

Zacks Investment Research

The Zacks Analyst Blog Essex, Brixmor , Lamar Advertising and Cousins

Essex, Brixmor , Lamar Advertising and Cousins are included in this Analyst Blog.

The Zacks Analyst Blog Essex, Brixmor , Lamar Advertising and Cousins

Zacks Investment Research

4 REITs to Pick as Fed Lowers Rate and Signals Additional Cuts Ahead

The Fed's latest decision to cut the federal funds rate and indication of further rate cuts this year and ahead should give REIT investors enough reason to rejoice.

4 REITs to Pick as Fed Lowers Rate and Signals Additional Cuts Ahead

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 sentiment. Defensive positioning that includes income-generating stocks can help offset potential losses in the season, with the possibility for upside. SA Quant has identified three stocks, offering high-yield opportunities, with strong dividend growth and safety characteristics, factor grades, and Quant “Strong Buy” recommendations.

Best Dividend Stocks For An Autumn Slump

Zacks Investment Research

Zacks Industry Outlook Brixmor Property, Tanger and Saul Centers

Brixmor Property, Tanger and Saul Centers have been highlighted in this Industry Outlook article.

Zacks Industry Outlook Brixmor Property, Tanger and Saul Centers

Following their worst week since mid-2023, U.S. equity markets rebounded this week while benchmark interest rates dipped to two-year lows as investors parsed a relatively encouraging slate of inflation data. The critical CPI and PPI reports showed that - excluding the dubious shelter component - consumer and producer price pressures now appear well-contained, following the painful pandemic-era inflation surge. The S&P 500 rallied 4.0%, lifting the major equity benchmark to within 0.5% of fresh record highs. The policy-sensitive 2-Year Treasury Yield dipped to the lowest level in two years.

Fed Ahead

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 its strong liquidity add to its attractiveness for long-term holding. With a relatively low valuation, high FFO yield, and potential for dividend growth, I think that BRX should deliver above-average returns going forward.

Brixmor: A Dividend Growth Stock At A Good Price

Zacks Investment Research

3 Retail REITs Poised to Gain From Upbeat Industry Fundamentals

Amid limited supply and an emphasis on omnichannel retailing, adaptability and essential retail tenants, the Zacks REIT and Equity Trust - Retail industry stocks BRX, SKT and BFS are in focus.

3 Retail REITs Poised to Gain From Upbeat Industry Fundamentals

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 investors, despite Buffett's advice; it mitigates risks from inevitable investment mistakes and balances portfolios. W. P. Carey, Brixmor Property, and Alexandria Real Estate are recommended REITs, each with strong fundamentals, growth potential, and strategic advantages.

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

See News Rankings

Charts implemented using Lightweight Charts™