BRX icon

Brixmor Property Group

27.67 USD
-0.45
1.60%
At close Feb 14, 4:00 PM EST
After hours
27.67
+0.00
0.00%
1 day
-1.60%
5 days
4.02%
1 month
5.09%
3 months
-3.52%
6 months
8.89%
Year to date
0.51%
1 year
21.36%
5 years
34.06%
10 years
6.34%
 

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: 454

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 7 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

25,293% more call options, than puts

Call options by funds: $3.56M | Put options by funds: $14K

106% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 31

15% more capital invested

Capital invested by funds: $6.96B [Q2] → $8B (+$1.04B) [Q3]

9% more funds holding

Funds holding: 345 [Q2] → 375 (+30) [Q3]

4.62% less ownership

Funds ownership: 100.23% [Q2] → 95.6% (-4.62%) [Q3]

19% less repeat investments, than reductions

Existing positions increased: 120 | Existing positions reduced: 148

50% less funds holding in top 10

Funds holding in top 10: 4 [Q2] → 2 (-2) [Q3]

Research analyst outlook

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

Low target
$27
2%
downside
Avg. target
$31
13%
upside
High target
$33
19%
upside

7 analyst ratings

positive
57%
neutral
43%
negative
0%
Jefferies
Linda Tsai
75% 1-year accuracy
3 / 4 met price target
19%upside
$33
Buy
Upgraded
14 Feb 2025
Stifel
Simon Yarmak
43% 1-year accuracy
15 / 35 met price target
13%upside
$31
Hold
Maintained
11 Feb 2025
Evercore ISI Group
Samir Khanal
20% 1-year accuracy
1 / 5 met price target
12%upside
$31
Outperform
Upgraded
11 Feb 2025
Wells Fargo
Dori Kesten
46% 1-year accuracy
13 / 28 met price target
2%downside
$27
Equal-Weight
Maintained
29 Jan 2025
Mizuho
Haendel St. Juste
59% 1-year accuracy
10 / 17 met price target
12%upside
$31
Neutral
Maintained
10 Dec 2024

Financial journalist opinion

Based on 7 articles about BRX published over the past 30 days

Positive
Seeking Alpha
4 days ago
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 centers ensures e-commerce and recession resilience, with strong demand reflected by a 21% blended rent spread. BRX maintains a healthy balance sheet, upgraded credit rating, and ample liquidity, supporting continued growth and stability.
Brixmor Property: Income And Value All In One
Neutral
Seeking Alpha
5 days ago
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 Steve Gallagher - EVP and CFO Conference Call Participants Samir Khanal - Evercore ISI Andrew Reale - Bank of America Greg McGinniss - Scotiabank Craig Mailman - Citi Dori Kesten - Wells Fargo Juan Sanabria - BMO Capital Markets Connor Mitchell - Piper Sandler Caitlin Burrows - Goldman Sachs Linda Tsai - Jefferies Paulina Rojas - Green Street Kenneth Billingsley - Compass Point Omotayo Okusanya - Deutsche Bank Todd Thomas - KeyBanc Capital Markets Ki Bin Kim - Truist Securities Operator Greetings. Welcome to Brixmor Property Group, Inc., Fourth Quarter 2024 Earnings Conference Call.
Brixmor Property Group Inc. (BRX) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
5 days ago
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
Positive
Zacks Investment Research
6 days ago
Brixmor (BRX) Reports Q4 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Brixmor (BRX) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Brixmor (BRX) Reports Q4 Earnings: What Key Metrics Have to Say
Negative
Zacks Investment Research
6 days ago
Brixmor Property (BRX) Misses Q4 FFO Estimates
Brixmor Property (BRX) came out with quarterly funds from operations (FFO) of $0.53 per share, missing the Zacks Consensus Estimate of $0.54 per share. This compares to FFO of $0.51 per share a year ago.
Brixmor Property (BRX) Misses Q4 FFO Estimates
Neutral
PRNewsWire
6 days ago
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 the three and twelve months ended December 31, 2024.  For the three months ended December 31, 2024 and 2023, net income attributable to Brixmor Property Group, Inc. was $0.27 per diluted share and $0.24 per diluted share, respectively, and for the twelve months ended December 31, 2024 and 2023, net income attributable to Brixmor Property Group, Inc. was $1.11 per diluted share and $1.01 per diluted share, respectively.
BRIXMOR PROPERTY GROUP REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS
Positive
24/7 Wall Street
2 weeks ago
Goldman Sachs Top Stock Picks With 10% and More Upside Pay Huge Dividends
The artificial intelligence rally led by the so-called Magnificent 7 over the past two years has been remarkable if you owned those stocks.
Goldman Sachs Top Stock Picks With 10% and More Upside Pay Huge Dividends
Neutral
PRNewsWire
1 month ago
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 stock. The tax reporting information as it will be reported on the Form 1099-DIV, on a per share basis, is as follows: COMMON SHARES (NYSE: BRX); CUSIP # 11120U105 Record Date Payable Date Total Distribution Per Share Total Ordinary Dividends Total Capital Gain Distributions Unrecaptured Sec.1250 Gain (1) Return of Capital Section 199A Dividends 1/03/24 1/16/24 $0.2725 $0.2725 $0.0000 $0.0000 $0.0000 $0.2725 4/02/24 4/15/24 $0.2725 $0.2725 $0.0000 $0.0000 $0.0000 $0.2725 7/02/24 7/15/24 $0.2725 $0.2725 $0.0000 $0.0000 $0.0000 $0.2725 10/02/24 10/15/24 $0.2725 $0.2725 $0.0000 $0.0000 $0.0000 $0.2725 Totals $1.0900 $1.0900 $0.0000 $0.0000 $0.0000 $1.0900 (1) Represents additional characterization of amounts included in Total Capital Gain Distributions.
BRIXMOR PROPERTY GROUP ANNOUNCES TAX REPORTING INFORMATION FOR 2024 DISTRIBUTIONS
Neutral
Seeking Alpha
1 month ago
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. Prompting a hawkish re-think of Fed policy expectations, inflation worries were further inflamed by surging energy prices amid frigid temperatures across the Central and East, while L.A. battled destructive wildfires. Real estate equities - the most rate-sensitive sector - were significant laggards this week as rate cut expectations soured, with REITs extending their year-end slide into early 2025.
Fire And Ice
Neutral
PRNewsWire
1 month ago
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. This activity reflects Brixmor's disciplined strategy of clustering its portfolio in attractive markets where the Company can leverage its platform to deliver long-term value and earnings growth.
BRIXMOR PROPERTY GROUP PROVIDES UPDATE ON FOURTH QUARTER INVESTMENT ACTIVITY
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