Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. Its 395 retail centers comprise approximately 69 million square feet of prime retail space in established trade areas. The Company strives to own and operate shopping centers that reflect Brixmor's vision "to be the center of the communities we serve" and are home to a diverse mix of thriving national, regional and local retailers. Brixmor is a proud real estate partner to approximately 5,000 retailers including The TJX Companies, The Kroger Co., Publix Super Markets, Wal-Mart, Ross Stores and L.A. Fitness.
IPO Year: 2013
Exchange: NYSE
Website: brixmor.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/14/2025 | $28.00 → $33.00 | Hold → Buy | Jefferies |
| 2/11/2025 | $31.00 → $31.00 | In-line → Outperform | Evercore ISI |
| 12/6/2024 | $30.00 → $33.00 | Market Perform → Outperform | BMO Capital Markets |
| 2/23/2024 | $23.00 → $24.00 | Buy → Neutral | Mizuho |
| 1/30/2024 | $27.00 | Buy | Deutsche Bank |
| 9/5/2023 | $25.00 | Sector Perform → Sector Outperform | Scotiabank |
| 8/16/2023 | $27.00 | Neutral → Buy | Goldman |
| 5/24/2023 | $21.00 | Equal Weight | Wells Fargo |
| 3/21/2023 | $22.00 | Neutral | Goldman |
| 12/16/2022 | $29.00 | Peer Perform → Outperform | Wolfe Research |
Jefferies upgraded Brixmor Property from Hold to Buy and set a new price target of $33.00 from $28.00 previously
Evercore ISI upgraded Brixmor Property from In-line to Outperform and set a new price target of $31.00 from $31.00 previously
BMO Capital Markets upgraded Brixmor Property from Market Perform to Outperform and set a new price target of $33.00 from $30.00 previously
Mizuho downgraded Brixmor Property from Buy to Neutral and set a new price target of $24.00 from $23.00 previously
Deutsche Bank initiated coverage of Brixmor Property with a rating of Buy and set a new price target of $27.00
Scotiabank upgraded Brixmor Property from Sector Perform to Sector Outperform and set a new price target of $25.00
Goldman upgraded Brixmor Property from Neutral to Buy and set a new price target of $27.00
Wells Fargo initiated coverage of Brixmor Property with a rating of Equal Weight and set a new price target of $21.00
Goldman resumed coverage of Brixmor Property with a rating of Neutral and set a new price target of $22.00
Wolfe Research upgraded Brixmor Property from Peer Perform to Outperform and set a new price target of $29.00
NEW YORK, April 28, 2025 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE:BRX) ("Brixmor" or the "Company") announced today its operating results for the three months ended March 31, 2025. For the three months ended March 31, 2025 and 2024, net income attributable to Brixmor Property Group Inc. was $0.23 per diluted share and $0.29 per diluted share, respectively. Key highlights for the three months ended March 31, 2025 include: Executed 1.3 million square feet of new and renewal leases, with rent spreads on comparable space of 20.5%, including 0.5 million square feet of new leases, with rent spreads on comparable space of 47.5%Realized total leased occupancy of 94.1%, anchor leased occupa
- 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. Key highlights for the three months ended December 31, 2024 include: Executed 1.
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 $0.272
- Delivered Record Occupancy and ABR PSF - NEW YORK, Oct. 28, 2024 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE:BRX) ("Brixmor" or the "Company") announced today its operating results for the three and nine months ended September 30, 2024. For the three months ended September 30, 2024 and 2023, net income was $0.32 per diluted share and $0.21 per diluted share, respectively, and for the nine months ended September 30, 2024 and 2023, net income was $0.84 per diluted share and $0.77 per diluted share, respectively. Key highlights for the three months ended September 30, 2024 include: Executed 1.1 million square feet of new and renewal leases, with rent spreads on comparable space of 21.8%
Kilroy Realty Corporation (NYSE:KRC) today reported financial results for its second quarter ended June 30, 2024. Second Quarter Highlights Financial Results Revenues of $280.7 million Net income available to common stockholders of $0.41 per diluted share Funds from operations available to common stockholders and unitholders ("FFO") of $132.6 million, or $1.10 per diluted share Leasing and Occupancy Stabilized portfolio was 83.7% occupied and 85.4% leased at June 30, 2024 Signed approximately 235,000 square feet of leases, comprised of 122,000 square feet of new leasing on previously vacant space, 55,000 square feet of new leasing on currently occupied space, and 58,00
- Continued to Deliver Record Operating Metrics - - Increased Nareit FFO and Same Property NOI Growth Expectations For 2024 - - Announced Executive Promotions - NEW YORK, July 29, 2024 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE:BRX) ("Brixmor" or the "Company") announced today its operating results for the three and six months ended June 30, 2024. For the three months ended June 30, 2024 and 2023, net income was $0.23 per diluted share and $0.19 per diluted share, respectively, and for the six months ended June 30, 2024 and 2023, net income was $0.52 per diluted share and $0.56 per diluted share, respectively. Key highlights for the three months ended June 30, 2024 include: Executed
- Strong Operating Performance Drove Record Total, Anchor, and Small Shop Leased Occupancy - - Achieved Record Lease Retention Rate - - Increased Nareit FFO and Same Property NOI Growth Expectations For 2024 - NEW YORK, April 29, 2024 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE:BRX) ("Brixmor" or the "Company") announced today its operating results for the three months ended March 31, 2024. For the three months ended March 31, 2024 and 2023, net income was $0.29 per diluted share and $0.37 per diluted share, respectively. Key highlights for the three months ended March 31, 2024 include: Executed 1.3 million square feet of new and renewal leases, with rent spreads on comparable spac
- Achieved Record Total and Small Shop Leased Occupancy - NEW YORK, Feb. 12, 2024 /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, 2023. For the three months ended December 31, 2023 and 2022, net income was $0.24 per diluted share and $0.35 per diluted share, respectively, and for the twelve months ended December 31, 2023 and 2022, net income was $1.01 per diluted share and $1.17 per diluted share, respectively. Key highlights for the three months ended December 31, 2023 include: Executed 1.7 million square feet of new and renewal leases, with rent spreads on comparabl
NEW YORK, Jan. 16, 2024 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE:BRX) ("Brixmor" or the "Company") announced today the tax reporting information for the 2023 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 Ex-DividendDate RecordDate PayableDate TotalDistribution Per Share TotalOrdinary Dividends Total CapitalGainDistributions UnrecapturedSec.1250 Gain (1) Return ofCapital Section 199ADividends 1/03/23 1/04/23 1/17/23 $0.2600 $0.2600 $0.0000 $0.0000 $0.0000 $0.2600 4/03/23 4/04/23 4/17/23 $0.2600 $0.2600 $0.0000 $0.0000 $0.0000 $0.2600 7/03/2
NEW YORK, July 31, 2023 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE:BRX) ("Brixmor" or the "Company") announced today its operating results for the three and six months ended June 30, 2023. For the three months ended June 30, 2023 and 2022, net income was $0.19 per diluted share and $0.29 per diluted share, respectively. Key highlights for the three months ended June 30, 2023 include: Executed 1.4 million square feet of new and renewal leases, with rent spreads on comparable space of 15.4%, including 0.6 million square feet of new leases, with rent spreads on comparable space of 22.4%Sequentially increased total leased occupancy to a record 94.1%, anchor leased occupancy to 96.2%, and
Billy Rahm to Lead Established Team of Alternative Real Assets Investors NEW YORK, Feb. 4, 2025 /PRNewswire/ -- Everview Partners, L.P. ("Everview" or the "Firm") today announced its launch as a newly formed private investment firm founded by Billy Rahm on the belief that applying both private equity and credit expertise to U.S. real asset investments could yield enduring performance across market cycles. Rahm brings over 20 years of leadership and real asset investing experience across leading alternative asset management firms including Centerbridge and Blackstone. "With the
Adjacent to the Orange County Convention Center on International Drive, Live! at The Pointe Orlando Will Bring an Unmatched Dining, Entertainment, Nightlife and Social Experience to Orlando's Tourism Corridor Live! is Now Hiring Over 300 Team Members for a Variety of Part-Time and Full-Time Positions in Orlando ORLANDO, Fla., April 30, 2024 /PRNewswire/ -- The Cordish Companies announced today that their 73,000-square-foot dining and entertainment destination at Pointe Orlando will take on the Company's nationally acclaimed Live! hospitality and entertainment brand. LIVE! AT THE POINTE ORLANDO will bring an unmatched food and beverage, social, nightlife and special event experience to Orlan
NEW YORK, April 11, 2024 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE:BRX) ("Brixmor" or the "Company") announced today that James M. Taylor Jr., the Company's Chief Executive Officer and President, is taking a temporary medical leave of absence, effective April 11, 2024. The Company's Board of Directors appointed Brian T. Finnegan, the Company's Senior Executive Vice President, Chief Operating Officer, to also serve as interim Chief Executive Officer and President until Mr. Taylor's return. Sheryl M. Crosland, the Company's Chair of the Board, said, "The Company, including the employees and the Board of Directors, send our best wishes to Jim and look forward to his return in the near f
NEW YORK, July 31, 2023 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE:BRX) ("Brixmor" or the "Company") announced today the appointment of JP Suarez, retired Executive Vice President, Regional Chief Executive Officer and Chief Administration Officer, Walmart International, to the Company's board of directors. Mr. Suarez brings over 30 years of experience in leadership roles in the global retail, environment, and gaming sectors. As Executive Vice President, Regional Chief Executive Officer and Chief Administration Officer, Walmart International from 2018 to 2023, Mr. Suarez was a member of Walmart's International Division Executive Committee and led a team of more than 2,000 employees. He
WeWork Inc. (NYSE:WE), a leading global flexible space provider, today announced that Daniel Hurwitz, co-founder & CEO of Raider Hill Advisors, has joined WeWork's Board of Directors, effective June 23, 2022. He succeeds Jeffrey Sine, co-founder and partner of The Raine Group, who served on WeWork's Board since October 2019. With more than three decades of experience transforming public and private businesses in the retail real estate industry, Hurwitz will bring exceptional insight to WeWork's Board of Directors. Before co-founding Raider Hill Advisors, Hurwitz spent 16 years at SITE Centers (NYSE:SITC) – formerly known as DDR Corp. – serving in various executive roles, including Chief Ex
NEW YORK, Dec. 27, 2021 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE:BRX) ("Brixmor" or the "Company") announced today the appointment of Sandra A.J. Lawrence, former Executive Vice President and Chief Administrative Officer of The Children's Mercy Hospital and Clinics ("CMH"), to the Company's Board of Directors. Ms. Lawrence takes the seat vacated by Gabrielle E. Sulzberger who resigned from the Board of Directors on December 24, 2021, to pursue other commitments. Ms. Lawrence served as Executive Vice President and Chief Administrative Officer of The Children's Mercy Hospital and Clinics from 2016 until 2019 and as the Chief Financial Officer of CMH from 2005 until 2016. She brings o
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced the appointment of Angela Aman to the Company’s Board of Trustees to serve until the next annual meeting of shareholders. Ms. Aman, who will serve on the Company’s Audit Committee, qualifies as an independent trustee under the New York Stock Exchange’s listing standards and an audit committee financial expert as defined by the Securities and Exchange Commission. Ms. Aman, 41, has served as Executive Vice President, Chief Financial Officer and Treasurer of Brixmor Property Group (NYSE: BRX), since May 2016. In this role she is responsible for strategic planning, management of all accounting and financial func
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4 - Brixmor Property Group Inc. (0001581068) (Issuer)
4 - Brixmor Property Group Inc. (0001581068) (Issuer)
4 - Brixmor Property Group Inc. (0001581068) (Issuer)
4 - Brixmor Property Group Inc. (0001581068) (Issuer)
4 - Brixmor Property Group Inc. (0001581068) (Issuer)
4 - Brixmor Property Group Inc. (0001581068) (Issuer)
4 - Brixmor Property Group Inc. (0001581068) (Issuer)
4 - Brixmor Property Group Inc. (0001581068) (Issuer)
4 - Brixmor Property Group Inc. (0001581068) (Issuer)
NEW YORK, April 28, 2025 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE:BRX) ("Brixmor" or the "Company") announced today its operating results for the three months ended March 31, 2025. For the three months ended March 31, 2025 and 2024, net income attributable to Brixmor Property Group Inc. was $0.23 per diluted share and $0.29 per diluted share, respectively. Key highlights for the three months ended March 31, 2025 include: Executed 1.3 million square feet of new and renewal leases, with rent spreads on comparable space of 20.5%, including 0.5 million square feet of new leases, with rent spreads on comparable space of 47.5%Realized total leased occupancy of 94.1%, anchor leased occupa
NEW YORK, March 11, 2025 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE:BRX) today announced that it will release its 2025 first quarter earnings on Monday, April 28, 2025 after the market close. Brixmor will host a teleconference on Tuesday, April 29, 2025 at 10:00 AM ET. Event: Brixmor Property Group's First Quarter Earnings Results When: 10:00 AM ET, Tuesday, April 29, 2025 Live Webcast: Brixmor 1Q 2025 Earnings Call under the Investors tab at https://www.brixmor.com Dial #: 1.877.704.4453 (International: 1.201.389.0920) A replay of the webcast will be available on the Brixmor website at https://www.brixmor.com. A replay of the call can be accessed until midnight ET on Tuesday, May
NEW YORK, Feb. 27, 2025 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE:BRX) ("Brixmor" or the "Company") announced today that its operating partnership, Brixmor Operating Partnership LP (the "Operating Partnership"), priced an offering of $400 million aggregate principal amount of 5.200% Senior Notes due 2032 (the "Notes"). The Notes will be issued at 99.831% of par value with a coupon of 5.200%. Interest on the Notes is payable semi-annually on April 1 and October 1 of each year, beginning October 1, 2025. The Notes will mature on April 1, 2032. The offering is expected to close on March 4, 2025, subject to the satisfaction of customary closing conditions. The Operating Partnership inten
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. Connect With Brixmor For additional information, please visit https://www.brixmor.com;Follow Brixmor on:LinkedIn at https://www.linkedin.com/company/brixmor Facebook at h
- 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. Key highlights for the three months ended December 31, 2024 include: Executed 1.
Billy Rahm to Lead Established Team of Alternative Real Assets Investors NEW YORK, Feb. 4, 2025 /PRNewswire/ -- Everview Partners, L.P. ("Everview" or the "Firm") today announced its launch as a newly formed private investment firm founded by Billy Rahm on the belief that applying both private equity and credit expertise to U.S. real asset investments could yield enduring performance across market cycles. Rahm brings over 20 years of leadership and real asset investing experience across leading alternative asset management firms including Centerbridge and Blackstone. "With the
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 $0.272
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. "We are pleased to continue our external growth strategy through the addition of seven assets that present significant, accretive opportunities for future growth and value creation," commented Mark T. Horgan, Executive Vice President, Chief Investment Officer. "Importantly, these targeted acquisitions a
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. Moody's also highlighted the Company's high-quality portfolio of predominantly grocery-anchored open-air shopping centers, which generate stable and durable cash flows. "We are
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. Event: Brixmor Property Group's Fourth Quarter Earnings Results When: 10:00 AM ET, Tuesday, February 11, 2025 Live Webcast: Brixmor 4Q 2024 Earnings Call under the Investors tab at https://www.brixmor.com Dial #: 1.877.704.4453 (International: 1.201.389.0920) A replay of the webcast will be available on the Brixmor website at https://www.brixmor.com. A replay of the call can be accessed until midnight ET on Tuesda
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