Brixmor Property Group Inc.

BRX

US11120U1051

Commercial REITs

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
21.72 ^USD	-0.23%		+1.16%	-6.66%

Apr. 11	Brixmor Property Group CEO James Taylor Takes Medical Leave of Absence	MT
Mar. 27	Goldman Sachs Adjusts Brixmor Property Group's Price Target to $27 From $28, Keeps Buy Rating	MT

Brixmor Property Group Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

February 12, 2024 at 04:07 pm EST

Brixmor Property Group Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 316.4 million compared to USD 308.46 million a year ago. Revenue was USD 316.49 million compared to USD 308.57 million a year ago.

Net income was USD 72.7 million compared to USD 107.16 million a year ago. Basic earnings per share from continuing operations was USD 0.24 compared to USD 0.36 a year ago. Diluted earnings per share from continuing operations was USD 0.24 compared to USD 0.35 a year ago.

Latest news about Brixmor Property Group Inc.

Brixmor Property Group CEO James Taylor Takes Medical Leave of Absence	Apr. 11	MT
Goldman Sachs Adjusts Brixmor Property Group's Price Target to $27 From $28, Keeps Buy Rating	Mar. 27	MT
Mickey Taillard, Yaniv Sananes, Matt Press, Isaac Khabie, and Chaim Breier acquired 373,273-square-foot retail center at 1421 to 1495 N.E. 163rd St from Brixmor Property Group Inc. for $46 million.	Mar. 11	CI
Transcript : Brixmor Property Group Inc. Presents at Citi's 2024 Global Property CEO Conference, Mar-04-2024 02:55 PM	Mar. 04
North American Morning Briefing : Traders Await -2-	Feb. 26	DJ
Mizuho Securities Downgrades Brixmor Property Group to Neutral from Buy, Raises Price Target to $24 From $23	Feb. 23	MT
Transcript : Brixmor Property Group Inc., Q4 2023 Earnings Call, Feb 13, 2024	Feb. 13
Stifel Adjusts Price Target on Brixmor Property to $24 From $22.75, Maintains Hold Rating	Feb. 13	MT
Brixmor Property Group FFO, Revenue Increase; Sets 2024 FFO Guidance; Keeps Quarterly Dividend at $0.2725	Feb. 12	MT
Brixmor Property Group Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 12	CI
Earnings Flash (BRX) BRIXMOR PROPERTY GROUP Reports Q4 Revenue $316.5M	Feb. 12	MT
Brixmor Property Group Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 12	CI
Brixmor Property Group Inc. Announces Angela M. Aman Steps Down as President and Treasurer	Feb. 12	CI
Brixmor Property Group Inc. Announces Chief Financial Officer Changes	Feb. 12	CI
Brixmor Property Group Inc. Provides Earnings Guidance for the Year 2024	Feb. 12	CI
Brixmor Property Group Inc. Declares Cash Dividend for the First Quarter of 2024, Payable on April 15, 2024	Feb. 12	CI
North American Morning Briefing : Stock Futures Steady as Traders Await CPI Data	Feb. 12	DJ
Mizuho Raises Brixmor Property's Price Target to $23 From $22, Maintains Buy Rating	Jan. 10	MT
Brixmor Property Group Prices $400 Million Debt Offering	Jan. 09	MT
Kilroy Realty Names Angela Aman as CEO	Dec. 14	MT
Brixmor Property Group CFO Angela Aman to Depart	Dec. 14	MT
Mizuho Adjusts Price Target on Brixmor Property to $22 From $24, Maintains Buy Rating	Dec. 01	MT
Wells Fargo Trims Brixmor Property Group's Price Target to $23 From $24, Maintains Equalweight Rating	Nov. 13	MT
Transcript : Brixmor Property Group Inc., Q3 2023 Earnings Call, Oct 31, 2023	23-10-31
Brixmor Property Q3 FFO, Revenue Increase; Updates 2023 Guidance	23-10-30	MT

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Company Profile

Brixmor Property Group Inc. is an internally managed real estate investment trust (REIT). The Company conducts its operations primarily through, Brixmor Operating Partnership LP and subsidiaries (collectively, the Operating Partnership). The Company owns and operates open-air retail portfolios by gross leasable area (GLA) in the United States, comprised primarily of community and neighborhood shopping centers. The Companyâs portfolio consists of approximately 362 shopping centers (the Portfolio) totaling over 64 million square feet of GLA. The Companyâs projects include Dickson City Crossings, East Port Plaza, Fox Run, Gateway Plaza, Old Bridge Gateway, Pointe Orlando, Shops at Palm Lakes, Stewart Plaza, Tinley Park Plaza, Tyrone Gardens, Vail Ranch Center, Venice Village, Village at Mira Mesa and Westminster City Center. The Companyâs national portfolio is primarily located within established trade areas in the top 50 Core-Based Statistical Areas (CBSAs) in the United States.

Sector

Commercial REITs

Calendar

2024-04-29 - Q1 2024 Earnings Release

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Ratings for Brixmor Property Group Inc.

Trading Rating

Investor Rating

ESG Refinitiv

A-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

21.72 USD

Average target price

25.94 USD

Spread / Average Target

+19.45%

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