CSIMarket
 
Brixmor Property Group Inc   (BRX)
Other Ticker:  
 
 
Price: $21.0200 $-0.01 -0.048%
Day's High: $21.235 Week Perf: -2.5 %
Day's Low: $ 20.98 30 Day Perf: -4.76 %
Volume (M): 1,228 52 Wk High: $ 24.47
Volume (M$): $ 25,810 52 Wk Avg: $21.85
Open: $21.12 52 Wk Low: $19.40



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) -
 Employees 520
 Revenues (TTM) (Millions $) 2,491
 Net Income (TTM) (Millions $) 0
 Cash Flow (TTM) (Millions $) -2
 Capital Exp. (TTM) (Millions $) 347

Brixmor Property Group Inc
Brixmor Property Group Inc is a publicly traded real estate investment trust (REIT) that primarily owns and operates shopping centers in the United States. The company was founded in 1985 and is headquartered in New York City.

Brixmor's portfolio contains over 400 shopping centers, totaling approximately 73 million square feet of leasable space, spread across 38 states. Their properties cater to a diverse mix of tenants, including major retailers, supermarkets, pharmacies, restaurants, and other specialty stores.

Their business model focuses on creating long-term, mutually beneficial relationships with their tenants, many of whom have been with the company for decades. This approach has allowed Brixmor to achieve high occupancy rates, steady rental income, and stable cash flows.

Brixmor's team of experienced professionals manages all aspects of the properties, including leasing, property management, construction and redevelopment, and financing. They leverage their expertise to enhance the value and performance of each property in their portfolio.

In recent years, Brixmor has pursued a strategic plan to divest non-core assets and focus on their top-tier properties with the greatest growth potential. They have also invested in property renovations and expansions to improve the tenant experience and increase foot traffic.

Overall, Brixmor Property Group Inc operates as a well-established, financially stable REIT with a diversified portfolio of high-quality shopping centers, a strong tenant base, and a proven track record of success.


   Company Address: 450 Lexington Avenue New York 10017 NY
   Company Phone Number: 869-3000   Stock Exchange / Ticker: NYSE BRX
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Personnel Announcements

Brixmor Property Group Announces Temporary Medical Leave of CEO James M. Taylor Jr., Acting CEO Diane P. Mirella To Lead During Absence

Published Thu, Apr 11 2024 8:15 PM UTC

Brixmor Property Group CEO James M. Taylor Takes Temporary Medical Leave of Absence
New York?Brixmor Property Group Inc. (NYSE: BRX) announced today that James M. Taylor Jr., the Company's Chief Executive Officer and President, will be taking a temporary medical leave of absence, effective April 11, 2024. The decision was made after careful consideration and in consultat...

Brixmor Property Group Inc

Brixmor Property Group Inc Defies Expectations with Slight Revenue Growth Despite Challenges in Q4 2023

Brixmor Property Group Inc, a Real Estate Investment Trusts company, reported a deficit of $-0.08 per share for the financial period ending December 31, 2023. This is a significant drop from $1.95 per share reported a year ago. Additionally, the company's EPS fell from $0.21 per share from the previous reporting period.
Despite these setbacks, Brixmor Property Group Inc experienced a slight growth in revenue, increasing by 2.598% to $633.29 million from $617.25 million in the same reporting period a year ago. Sequentially, revenue surged by 2.991% from $614.90 million. However, it is worth noting that the company's revenue growth is lagging behind its contemporaries in the Real Estate Investment Trusts sector, which experienced a 7.42% revenue improvement from the same reporting period a year ago.

Dividend

Brixmor Property Group Surpasses Record High Dividend Pay Out Ratio in 2023, Emerging as a Leading Player in the Financial Sector Brixmor Property Group Inc. (NYSE: BRX) has recently announced its tax reporting information for the 2023 distributions on its common stock. As of the writing of this article, the company's 12-month dividend pay out ratio has reached a new high of 28805.23 in the third quarter of 2023, solidifying their position as a top performer in the Financial sector.

Published Tue, Jan 16 2024 9:05 PM UTC


The Brixmor Property Group Inc's 12-month dividend pay out ratio has witnessed substantial growth, outpacing all previous records in the third quarter of 2023. This remarkable feat demonstrates the company's commitment to providing attractive returns to its shareholders.
Notably, Brixmor Property Group Inc. has outperformed other companies in the financial sector, ...

Brixmor Property Group Inc

Brixmor Property Group Inc Records Disappointing -19.23% Decline in Income per Share During Q3 2023


Article:
In the third quarter of 2023, Brixmor Property Group Inc reported a revenue growth of a mere 0.873%, contributing to an unfortunate income decline of -19.23% compared to the same quarter of the previous year. Despite generating $614.90 million in revenue and earnings per share (EPS) of $0.21, Brixmor Property Group Inc failed to positively impact its bottom line.
To better understand Brixmor Property Group Inc's performance in Q3 2023, it is essential to analyze the average growth of the Real Estate Investment Trusts (REITs) sectors. This comparison reveals that the company underachieved when peers announced a top-line growth of 6.77% relative to Q3 2022.
Furthermore, comparing Q3 2023 with the previous quarter, there was a 10.53% increase in income per share from $0.19 to $0.21, while revenue declined by -0.765% from $619.64 million. Despite these marginal improvements, Brixmor Property Group Inc reported an unchanged shortfall of $0.000 million from a year ago.

Brixmor Property Group Inc

Brixmor Property Group Inc Sees Q2 2023 Earnings Decline despite 1.2% Revenue Boost

Brixmor Property Group Inc, a leading real estate investment trust (REIT) in the commercial property sector, has recently reported a decline in income despite a modest revenue growth. In its most recent fiscal period, the company experienced a 1.2% increase in revenue, totaling $619.64 million, but saw a significant income decline of -34.48% compared to the same period in the previous year.
Although Brixmor's revenue growth trailed behind its industry peers, the company did show a positive trend with a 10.21% increase in revenue from the second quarter of 2022. However, when compared to the prior financial reporting period, its profit plummeted by -48.65% per share, from $0.37 to $0.19, and its revenue decreased by -0.523%, from $622.90 million to $619.64 million.






 

Brixmor Property Group Inc's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Brixmor Property Group Inc does not provide revenue guidance.

Earnings Outlook
Brixmor Property Group Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com