BRX Stock Recent News

Brixmor Property Group's business has recovered strongly from the COVID pandemic, and its management team has a history of accretive portfolio management actions. The company has reshaped its portfolio, moving into higher-end markets with greater population density and higher average household incomes. Brixmor has strong leasing activity and is seeing strong gains in re-leasing rates, which is driving meaningful cash flow growth.

Brixmor Property Group Inc. (NYSE:BRX ) Q3 2023 Earnings Conference Call October 31, 2023 10:00 AM ET Company Participants Stacy Slater - Senior Vice President of Investor Relations James Taylor - Chief Executive Officer Brian Finnegan - Chief Operating Officer Angela Aman - President and Chief Financial Officer Mark Horgan - Chief Investment Officer Conference Call Participants Dori Kesten - Wells Fargo Securities, LLC Todd Thomas - KeyBanc Capital Markets Inc. Greg McGinniss - Scotiabank Jeffrey Spector - Bank of America Haendel St. Juste - Mizuho Securities USA Inc. Michael Mueller - JPMorgan Chase & Co. Anthony Powell - Barclays Corporate and Investment Bank Juan Sanabria - BMO Capital Markets Craig Mailman - Citigroup Inc. Caitlin Burrows - Goldman Sachs Alexander Goldfarb - Piper Sandler Paulina Rojas Schmidt - Green Street Advisors, LLC Linda Tsai - Jefferies Group LLC Operator Greetings, and welcome to the Brixmor Property Group's Third Quarter 2023 Earnings Conference Call. At

Although the revenue and EPS for Brixmor (BRX) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

The Zacks REIT and Equity Trust - Retail industry stocks BRX, PECO and SKT are in focus amid renewed shopper enthusiasm for in-store experiences, and an emphasis on omnichannel retailing, adaptability and essential retail tenants.

Brixmor (BRX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

shares of Brixmor Property Group were yielding above the 5% mark based on its quarterly dividend (annualized to $1.04)

Grocery anchored centers are a leading retail market segment now. Brixmor's portfolio is broadly diversified, with many investment grade tenants. The company is rebalancing the portfolio to higher-quality properties in denser areas.

NEW YORK , Aug. 29, 2023 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) today announced that the Company will present at the BofA Securities 2023 Global Real Estate Conference on Tuesday, September 12, 2023 from 1:25 PM ET to 2:00 PM ET. Event: Brixmor Property Group Presentation at the BofA Securities 2023 Global Real Estate Conference When: 1:25 PM ET, Tuesday, September 12, 2023 Live Webcast: BofA Securities 2023 Global Real Estate Conference under the Investors tab at www.brixmor.com A replay of the webcast will be available through December 12, 2023.

Although the revenue and EPS for Brixmor (BRX) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Brixmor Property (BRX) came out with quarterly funds from operations (FFO) of $0.52 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to FFO of $0.49 per share a year ago.