Slow Stochastic
Previous Close | 20.03 |
Open | 20.10 |
Bid | 0.00 x 1400 |
Ask | 0.00 x 1800 |
Day's Range | 19.76 - 20.10 |
52 Week Range | 17.62 - 24.49 |
Volume | |
Avg. Volume | 2,238,217 |
Market Cap | 5.987B |
Beta (5Y Monthly) | 1.55 |
PE Ratio (TTM) | 15.69 |
EPS (TTM) | 1.27 |
Earnings Date | Jul 31, 2023 |
Forward Dividend & Yield | 1.04 (5.19%) |
Ex-Dividend Date | Jul 03, 2023 |
1y Target Est | 24.55 |
Q1 2023 Brixmor Property Group Inc Earnings Call
NEW YORK (AP) — Brixmor Property Group Inc. (BRX) on Monday reported a key measure of profitability in its first quarter. The results beat Wall Street expectations. The real estate investment trust, based in New York, said it had funds from operations of $151.6 million, or 50 cents per share, in the period.
Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today its operating results for the three months ended March 31, 2023. For the three months ended March 31, 2023 and 2022, net income was $0.37 per diluted share and $0.26 per diluted share, respectively.
Brixmor Property Group Inc. (NYSE: BRX) announced today the consideration payable in connection with the previously announced cash tender offer (the "Tender Offer") by its operating partnership, Brixmor Operating Partnership LP (the "Operating Partnership"), to purchase up to $199,648,000 (the "Tender Cap") aggregate principal amount of its outstanding 3.650% Senior Notes due 2024 (the "Notes"), as described in the table below.
Brixmor Property Group Inc. (NYSE: BRX) announced today the early tender results for the previously announced cash tender offer (the "Tender Offer") by its operating partnership, Brixmor Operating Partnership LP (the "Operating Partnership"), to purchase up to $150,000,000 aggregate principal amount of its outstanding 3.650% Senior Notes due 2024 (the "Notes") and that the Operating Partnership has amended the Tender Offer by increasing the maximum aggregate principal amount of Notes that may be
Concerns about recent bank failures have led investors to watch the commercial real estate market. Small banks hold a relatively large share of commercial loans, and consecutive rate hikes by the Fed make it unlikely that those businesses will refinance given the high rate environment. Meanwhile, flexible work arrangements are also lending to declining occupancy rates among many businesses. In an interview with Yahoo Finance's Rachelle Akuffo, Marcus & Millichap CEO Hessam Nadji said, "The hybrid work environment and the reduced footprint in office buildings is a major concern." Nadji says we're currently seeing the worst of the office decline, noting that, "in the next two to five years, you're going to see much more return to the office. It won't be pre-pandemic levels. I think there is a structural and permanent reduction of office space needs." Watch our full conversation with Hessam Nadji here. Key video moments: 00:00:05 The hybrid work environment 00:00:12 Return to the office outlook
Brixmor Property Group Inc. (NYSE: BRX) announced today that its operating partnership, Brixmor Operating Partnership LP (the "Operating Partnership"), commenced a cash tender offer (the "Tender Offer") to purchase up to $150 million aggregate principal amount (the "Tender Cap") of its outstanding 3.650% Senior Notes due 2024 (the "Notes").
There are things to like about Brixmor, but if you want to own the best strip-mall landlord, Federal Realty is just better positioned.
Brixmor Property Group Inc. (NYSE: BRX) today announced that it will release its 2023 first quarter earnings on Monday, May 1, 2023 after the market close. Brixmor will host a teleconference on Tuesday, May 2, 2023 at 10:00 AM ET.
Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today the promotion of Greg Finley, an experienced real estate professional and respected leader, to Executive Vice President - President, West, effective March 20, 2023. In this role, he will oversee the development and execution of long-term business plans for more than 14 million square feet of open-air retail properties, including leasing, reinvestment, and specialty leasing activities. Mr. Finley will report to B
Brixmor Property Group Inc. (NYSE: BRX) today announced that the Company will present at Citi's 2023 Global Property CEO Conference Tuesday, March 7, 2023 from 2:20 PM ET to 2:55 PM ET.
Brixmor Property Group Inc. (NYSE:BRX) Q4 2022 Earnings Call Transcript February 14, 2023 Operator: Greetings and welcome to Brixmor Property Group Incorporated Fourth Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. As a reminder, this conference being recorded. It […]
NEW YORK (AP) — Brixmor Property Group Inc. (BRX) on Monday reported a key measure of profitability in its fourth quarter. The results matched Wall Street expectations. The real estate investment trust, based in New York, said it had funds from operations of $147 million, or 49 cents per share, in the period.
Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today its operating results for the three and twelve months ended December 31, 2022. For the three months ended December 31, 2022 and 2021, net income was $0.35 per diluted share and $0.27 per diluted share, respectively, and for the twelve months ended December 31, 2022 and 2021, net income was $1.17 per diluted share and $0.90 per diluted share, respectively.
Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today that John G. Schreiber, the chair of the Company's board of directors ("Board"), will retire from the Board at the end of his current term, which will conclude as of the adjournment of the 2023 Annual Meeting of the Company's Stockholders. Mr. Schreiber has served as chair of the Board since the Company's initial public offering in 2013. Sheryl M. Crosland, a current independent director, will replace Mr. Schrei
Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today the tax reporting information for the 2022 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:
After strong rallies from late September lows, Brixmor Property Group Inc. (NYSE: BRX), Kimco Realty Corp. (NYSE: KIM) and Weyerhaeuser Co. (NYSE: WY) are having trouble maintaining what had been decent upward momentum. This could change, but for now, it raises concerns for shareholders who may have entered during the fall dip. Compared to Kimco and Weyerhaeuser, Brixmor Property is a relatively small REIT with a market capitalization of $6.37 billion. Now trading with a price-earnings ratio of
The prevailing wisdom on Wall Street is that recessions follow massive interest rate hikes, as high-interest rates slow down sales of real estate, automobiles and credit card spending on nonessential retail goods. What’s more, popular thought is that everyone is shopping online rather than driving to their local stores. So naturally many believe real estate investment trusts (REITs) that specialize in retail outlets could not possibly do well in a recessionary environment. But some Wall Street a
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Brixmor Property Group Inc. (NYSE: BRX) today announced that it will release its 2022 fourth quarter earnings on Monday, February 13, 2023 after the market close. Brixmor will host a teleconference on Tuesday, February 14, 2023 at 9:30 AM ET.
Brixmor Property Group ( NYSE:BRX ) Third Quarter 2022 Results Key Financial Results Revenue: US$304.7m (up 5.0% from...
Brixmor (BRX) delivered FFO and revenue surprises of 0% and 1.17%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today its operating results for the three and nine months ended September 30, 2022. For the three months ended September 30, 2022 and 2021, net income was $0.26 per diluted share and $0.15 per diluted share, respectively.
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