Brixmor Property Group
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 7,290 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
10,383% more call options, than puts
Call options by funds: $629K | Put options by funds: $6K
138% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 24
50% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 3 (+1) [Q4]
30% more repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 130
7% more funds holding
Funds holding: 378 [Q3] → 405 (+27) [Q4]
1.26% more ownership
Funds ownership: 95.64% [Q3] → 96.9% (+1.26%) [Q4]
2% more capital invested
Capital invested by funds: $8B [Q3] → $8.14B (+$130M) [Q4]
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
20%
upside
7 analyst ratings
4 positive
57%
3 neutral
43%
0 negative
0%
Jefferies Linda Tsai 75% 1-year accuracy 3 / 4 met price target | 20%upside $33 | Buy Upgraded | 14 Feb 2025 |
Stifel Simon Yarmak 44% 1-year accuracy 15 / 34 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 42% 1-year accuracy 14 / 33 met price target | 2%downside $27 | Equal-Weight Maintained | 29 Jan 2025 |
Mizuho Haendel St. Juste 56% 1-year accuracy 9 / 16 met price target | 12%upside $31 | Neutral Maintained | 10 Dec 2024 |
Financial journalist opinion
Based on 10 articles about BRX published over the past 30 days
Neutral
Seeking Alpha
4 hours ago
From Real Property To Intellectual Property: My 15 Years On Seeking Alpha
Over nearly 15 years, I've written 4,300-plus Seeking Alpha articles, focusing on REITs and income stocks, emphasizing principal preservation and "SWAN investing." My journey included covering the evolution of the U.S. equity REIT sector, highlighting companies like STAG Industrial, Digital Realty, and Realty Income. Inspired by mentors and collaborations, I expanded my research to various asset classes, building a larger audience and scaling research businesses like iREIT and Dividend Kings.
Neutral
PRNewsWire
19 hours ago
BRIXMOR PROPERTY GROUP TO PRESENT AT CITI's 2025 GLOBAL PROPERTY CEO CONFERENCE
NEW YORK , Feb. 24, 2025 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) today announced that the Company will present at Citi's 2025 Global Property CEO Conference Monday, March 3, 2025, from 10:15 AM ET to 10:50 AM ET. Event: Brixmor Property Group Presentation at Citi's 2025 Global Property CEO Conference When: 10:15 AM ET, Monday, March 3, 2025 Live Webcast: Citi's 2025 Global Property CEO Conference under the Investors tab at https://www.brixmor.com A replay of the webcast will be available through March 4, 2026.
Positive
Seeking Alpha
6 days ago
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; bankruptcy allows REITs to re-lease space at higher market rates, enhancing revenue. Strong demand for retail space has shifted negotiations in favor of landlords, increasing occupancy and lease rates, and improving tenant quality.
Positive
Seeking Alpha
1 week 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.
Neutral
Seeking Alpha
1 week 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.
Positive
Zacks Investment Research
1 week 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?
Positive
Zacks Investment Research
2 weeks 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.
Negative
Zacks Investment Research
2 weeks 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.
Neutral
PRNewsWire
2 weeks 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.
Positive
24/7 Wall Street
3 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.
Charts implemented using Lightweight Charts™