BRX Stock Recent News

Brixmor Property, Tanger and Saul Centers have been highlighted in this Industry Outlook article.

NEW YORK , Aug. 29, 2024 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) today announced that the Company will present at the BofA Securities 2024 Global Real Estate Conference on Tuesday, September 10, 2024 from 3:00 PM ET to 3:35 PM ET. Event: Brixmor Property Group Presentation at the BofA Securities 2024 Global Real Estate Conference When: 3:00 PM ET, Tuesday, September 10, 2024 Live Webcast: BofA Securities 2024 Global Real Estate Conference under the Investors tab at www.brixmor.com A replay of the webcast will be available through September 12, 2025.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Brixmor Property (BRX) have what it takes?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Brixmor Property (BRX) have what it takes?

Brixmor Property Group Inc. (NYSE:BRX ) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Stacy Slater – Senior Vice President-Investor Relations and Capital Markets Jim Taylor – Chief Executive Officer Brian Finnegan – President and Chief Operating Officer Steve Gallagher – Executive Vice President and Chief Financial Officer Mark Horgan – Executive Vice President and Chief Investment Officer Conference Call Participants Todd Thomas – KeyBanc Capital Markets Dori Kesten – Wells Fargo Craig Mailman – Citi Greg McGinniss – Scotiabank Alexander Goldfarb – Piper Sandler Caitlin Burrows – Goldman Sachs Juan Sanabria – BMO Capital Markets Floris Van Dijkum – Compass Point Haendel St. Juste – Mizuho Andrew Reale – Bank of America Samir Khanal – Evercore ISI Linda Tsai – Jefferies Mike Mueller – JPMorgan Ki Bin Kim – Truist Securities Omotayo Okusanya – Deutsche Bank Operator Welcome to the Brixmor Property Group Second Qua

Brixmor Property Group shares have risen 8% in the past year despite interest rate pressures, with momentum building on expectations of Federal Reserve rate cuts. Q2 results showed strong leasing activity, with rising occupancy and net operating income, as limited supply drives demand for its grocery-anchored centers in desirable locations. The company's balance sheet strength, ongoing revenue growth potential, and attractive dividend yield make Brixmor a buy for income growth-oriented investors.

Although the revenue and EPS for Brixmor (BRX) give a sense of how its business performed in the quarter ended June 2024, 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 $0.54 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to FFO of $0.52 per share a year ago.

- 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.

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