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: 513
0
Funds holding %
of 6,823 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
$28
5%
upside
Avg. target
$31
18%
upside
High target
$33
25%
upside
7 analyst ratings
4 positive
57%
3 neutral
43%
0 negative
0%
Evercore ISI Group Samir Khanal 0% 1-year accuracy 0 / 4 met price target | 18%upside $31 | In-Line Maintained | 24 Dec 2024 |
Mizuho Haendel St. Juste 53% 1-year accuracy 9 / 17 met price target | 18%upside $31 | Neutral Maintained | 10 Dec 2024 |
BMO Capital Juan Sanabria 56% 1-year accuracy 5 / 9 met price target | 25%upside $33 | Outperform Upgraded | 6 Dec 2024 |
Scotiabank Greg McGinniss 33% 1-year accuracy 4 / 12 met price target | 22%upside $32 | Sector Outperform Maintained | 25 Nov 2024 |
Truist Securities Ki Bin Kim 43% 1-year accuracy 13 / 30 met price target | 18%upside $31 | Buy Maintained | 15 Nov 2024 |
Financial journalist opinion
Based on 4 articles about BRX published over the past 30 days
Neutral
PRNewsWire
5 days 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.
Neutral
Seeking Alpha
1 week 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.
Neutral
PRNewsWire
1 week 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.
Negative
Seeking Alpha
3 weeks ago
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 trends. Recovering from a slide of over 2% last week, the S&P 500 advanced 0.7%, lifting its year-to-date gains to over 26%. The Nasdaq 100 extended its 2024 gains to 28%. Real estate equities underperformed again following punishing declines last week on the heels of the Fed's hawkish pivot, and remain significant laggards for a second-straight year with muted 4% gains.
Neutral
PRNewsWire
1 month ago
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 ratings on Brixmor Property Group Inc. and the Company's operating partnership, Brixmor Operating Partnership LP, to 'Baa2' from 'Baa3', with a stable outlook. Moody's indicated in their announcement that this upgrade reflects the Company's consistently strong operating results, strong asset quality, and improved leverage ratios.
Positive
24/7 Wall Street
1 month ago
Investors Are Buying Goldman Sachs Top High-Yield Dividend Picks Hand-Over-Fist
The artificial intelligence-driven technology rally led by the so-called Magnificent 7 over the past two years has been remarkable if you own those stocks.
Neutral
PRNewsWire
1 month ago
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 close. Brixmor will host a teleconference on Tuesday, February 11, 2025 at 10:00 AM ET.
Positive
Zacks Investment Research
1 month ago
3 Retail REIT Leaders Positioned to Thrive Amid Industry Optimism
Amid limited supply and a focus on omnichannel retailing, adaptability and essential retail tenants, the Zacks REIT and Equity Trust - Retail stocks REG, BRX and SKT are gaining attention for their potential to thrive in current market conditions.
Positive
Seeking Alpha
1 month ago
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 housing demand and limited new supply, despite valuation debates and management changes at Healthcare Realty. Multifamily and single-family rental sectors show regional variability, but long-term growth driven by demographic trends.
Positive
Seeking Alpha
2 months ago
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 centers and retail REITs provide excellent visibility into future annual base rent, impacting future FFO growth as leases commence in 2025-2026. Retail REITs like CTO and Brixmor benefit from high-margin SNO leases filling vacant spaces, translating to substantial AFFO growth, unlike lower-margin data center leases.
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