|Bid||19.50 x 3200|
|Ask||19.59 x 800|
|Day's Range||19.45 - 19.88|
|52 Week Range||14.11 - 19.89|
|Beta (3Y Monthly)||0.88|
|PE Ratio (TTM)||16.54|
|Forward Dividend & Yield||1.12 (5.69%)|
|1y Target Est||N/A|
Regency Centers (REG) likely to benefit from its premium portfolio of grocery-anchored shopping centers in strong trade areas, though the choppy retail real estate market is a concern.
Director, President & CEO of Brixmor Property Group Inc (30-Year Financial, Insider Trades) James M Taylor Jr (insider trades) bought 7,500 shares of BRX on 08/16/2019 at an average price of $18.5 a share. Continue reading...
Central Banks in New Zealand, India, and Thailand all made headlines today by announcing larger than expected rate cuts.
The Zacks Analyst Blog Highlights: Unitil, Alliant Energy, MGM, Mid-America Apartment, Brixmor and AvalonBay
"The most senior executives at Brixmor engaged in a years-long scheme to cook the books and deceive the investing public," alleged the Deputy U.S. Attorney for the Southern District of New York.
The Securities and Exchange Commission and Justice Department filed charges on Thursday against four former top executives of Brixmor Property Group, accusing them of fraudulently manipulating an earnings metric to achieve Brixmor’s publicly-issued growth targets.
A former chief executive officer and former chief financial officer of Brixmor Property Group Inc were charged on Thursday with accounting fraud for manipulating a key financial metric for the large shopping center owner and operator. The fraud and conspiracy charges against former CEO Michael Carroll and former CFO Michael Pappagallo follow guilty pleas to those charges last month by two other former Brixmor officials, chief accounting officer Steven Splain and senior vice president of accounting Michael Mortimer.
U.S. equities are drifting lower in early trading on Tuesday as investors await the outcome of the Federal Reserve's two-day policy meeting. An interest rate cut of at least 0.25% is widely expected, and the market is already pricing in the likely implications of another dose of easy money stimulus.Source: Shutterstock Take a look at the action underway in real estate stocks. These yield-sensitive plays are highly tuned to the price of credit. Lower rates will make everything from mortgage shopping to developing credit easier and cheaper to obtain. Moreover, lower yields will bolster the attractiveness of the dividends many of the names in the sector pay. And that would bolster their stock prices. * 7 Stocks to Buy With Over 20% Upside From Current Levels Here are four real estate names worth a look right now:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Real Estate Stocks to Buy: DR Horton (DHI)Shares of DR Horton (NYSE:DHI) are rising up and out of a sideways channel going back to April, which in turn marks the right shoulder of an inverted head-and-shoulders reversal pattern going back to early 2018. This sets up a run at the prior near near $52, which would be worth a gain of more than 10% from here.The company reported results on Tuesday before the bell. Earnings of $1.26 beat estimates by 21 cents on a 10.6% rise in revenues. Management announced a $1 billion buyback program. The stock also pays a 1.4% dividend yield. ProLogis (PLD)ProLogis (NYSE:PLD) shares are continuing to march higher in a smooth, professional looking uptrend. The company is an industrial-focused REIT that owns roughly 786 million square feet of space in 19 countries focused on the business-to-business and online/retail fulfillment areas. * 7 Semiconductor Stocks to Buy for Your Inner Geek The company last reported results on July 15. Earnings of 77 cents per share beat estimates by a penny on a 28.6% rise in revenues. The company will next report results on Oct. 15 after the close. Analysts are looking for earnings of 93 cents on revenues of $713.9 million. The company also pays a 2.6% dividend yield. Kimco Realty (KIM)Kimco Realty (NYSE:KIM), a retail REIT, is enjoying a share price push to new 52-week highs, returning prices to levels not seen since early 2017. This also pushes the stock back above its 200-week moving average for the first time in three years. Hope spring anew for a consumer spending turnaround.The company last reported results on Tuesday before the open. Earnings of 36 cents per share matched expectations on a 2.9% decline in revenues. The company will next report results on Oct. 24 before the bell. Analysts are looking for earnings of 36 cents per share on revenues of $282.1 million. The company pays a tasty 5.8% dividend yield. Brixmor Property Group (BRX)Shares of Brixmor Property Group (NYSE:BRX), another retail REIT, are also extending to new 52-week highs to return to levels not seen since early 2017. The company, which owns a portfolio of open-air shopping centers totaling 73 million square feet of retail space, reported results on Monday. Earnings of 48 cents per share beat estimates by a penny on a 7% decline in revenues. Still, underlying results were bolstered by strong rent pricing. * 7 Oversold Stocks To Buy Right Now The company will next report results on Oct. 28 after the close. Shares pay an impressive 6% dividend yield. Back in February, the company joined the S&P 400 mid-cap index.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Small-Cap Stocks to Buy Before They Grow Up * 7 Stocks to Buy With Over 20% Upside From Current Levels * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk The post 4 Real Estate Stocks Ready to Buy appeared first on InvestorPlace.
Brixmor (BRX) delivered FFO and revenue surprises of 2.13% and 0.87%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Performance of REITs is likely to benefit from low unemployment level and rising wages, and still-resilient consumer sentiment, though rising supply might impede any robust growth.
Brixmor Property Group Inc NYSE:BRXView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for BRX with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding BRX totaled $62.82 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
A major overhaul to a shopping center on International Drive still needs a builder. A general contractor hasn't been named for the $32 million upgrades to Pointe Orlando north of I-Drive and Pointe Plaza Avenue, said Ryan Holihan, director of redevelopment with New York-based Brixmor Property Group Inc. The company (NYSE: BRX) owns the roughly 420,000-square-foot shopping center, one of the largest in Central Florida, according to Orlando Business Journal research. In addition, other upgrades include adding sculptures on the corners of the property to signify Pointe Orlando's location to tourists.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Brixmor Property Group Inc and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Is Brixmor Property Group Inc. (NYSE:BRX) a good dividend stock? How would you know? Dividend paying companies with...