Brixmor Property Group

Brixmor Property Group, Inc. operates as a real estate investment trust. It owns and operates a wholly owned portfolio of grocery anchored community and neighborhood shopping centers. The company was founded in 1985 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Brixmor Property Group excels in Q4 2022, poised for sustained growth

Brixmor Property Group's Q4 2022 performance reflects strong financial metrics and strategic initiatives positioning the company for continued growth.
While facing challenges such as revenue detraction and market uncertainties, Brixmor leverages its strengths in lease management and capital allocation for value creation.
Opportunities in revenue visibility, tenant diversification, and operational efficiency offer avenues for sustained growth and portfolio enhancement.
Overall, Brixmor's performance, strengths, and strategic focus indicate a positive trajectory for future financial success and value creation.

Brixmor Property Group excels in Q1 with record occupancy and strong leasing spreads

Brixmor Property Group's Q1 2023 earnings call highlighted strong financial performance, strategic leasing initiatives, and a positive outlook for the year. The company's focus on high-traffic tenants, renewal spreads, and proactive portfolio management positions it well for growth and value creation.

Brixmor Property Group posts strong Q2 results amidst strategic growth

Brixmor Property Group's Q2 performance reflects resilience and growth, driven by strong tenant demand and strategic leasing strategies.
While challenges like decelerating FFO and mix issues in lease spreads exist, the company is well-positioned to capitalize on opportunities in pharmacy real estate and redevelopment projects.
By focusing on optimizing centers and driving growth through tailored tenant mixes, Brixmor aims to continue its positive trajectory and enhance shareholder value.

Brixmor Property Group (BRX) excels in Q3 2023 with strong leasing performance and robust financial outlook

Brixmor Property Group (BRX) delivers a strong performance in Q3 2023, driven by robust leasing activity, high occupancy rates, and positive financial outlook, supported by a diverse tenant mix.
While facing challenges such as redevelopment impacts and upcoming interest costs, Brixmor leverages its strengths in attracting quality tenants, maintaining liquidity, and optimizing operational efficiency.
The company is well-positioned to capitalize on opportunities in the market, including lease expansions, financial optimizations, and sustained retailer demand, ensuring continued growth and stability.
Investors can be optimistic about Brixmor's performance, given its solid financial fundamentals, strategic initiatives, and resilience in navigating market dynamics, signaling a promising outlook for future growth.

Brixmor Property Group posts strong earnings, eyes strategic partnerships

BRX delivered a robust performance with record metrics and financial stability in Q4 2023.
While facing challenges like tenant disruptions and lease expirations, the company maintains a positive outlook.
Opportunities lie in strategic partnerships, redevelopment projects, and lease renewal strategies for future growth.

Brixmor Property Group excels in Q1, eyes growth opportunities

Brixmor Property Group's Q1 earnings call reflects a solid performance, emphasizing operational excellence, strategic growth initiatives, and a focus on value creation. The company's strengths lie in strong leasing metrics, retention rates, and a disciplined approach to capital deployment. Challenges include market uncertainties and evolving consumer preferences, while opportunities abound in external growth, tenant demand trends, and strategic acquisitions.

Brixmor Property Group excels in Q2 2024, eyes growth opportunities

Brixmor Property Group delivered a strong performance in Q2 2024, marked by record occupancy, revenue growth, and FFO increase, underpinned by strategic acquisitions and prudent capital allocation.
The company's balance sheet strength, liquidity position, and portfolio transformation success position it well for future growth and value creation, despite potential challenges in tenant management and market dynamics.
Opportunities lie in exploring development projects, refining acquisitions strategy, and optimizing operational efficiency to drive sustained performance and shareholder value.

Brixmor Property Group excels in Q3, raises 2024 guidance

Brixmor Property Group's Q3 2024 performance showcased strength in key operational metrics, supported by strategic initiatives and a healthy financial position. While challenges like restructuring costs and analyst inquiries persist, the company is well-positioned to capitalize on growth opportunities and drive value for shareholders.

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Brixmor Property Group, Inc. operates as a real estate investment trust, which engages in owning and operating a portfolio of grocery anchored community and neighborhood shopping centers. The company was founded in 1985 and is headquartered in New York, NY.

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 7/03/23 7/05/23 7/17/23 $0.2600 $0.2600 $0.0000 $0.0000 $0.0000 $0.2600 10/02/23 10/03/23 10/16/23 $0.2600 $0.2600 $0.0000 $0.0000 $0.0000 $0.2600 Totals $1.0400 $1.0400 $0.0000 $0.0000 $0.0000 $1.0400 (1) Represents additional characterization of amounts included in Total Capital Gain Distributions.

BRIXMOR PROPERTY GROUP ANNOUNCES TAX REPORTING INFORMATION FOR 2023 DISTRIBUTIONS

NEW YORK , Dec. 20, 2023 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) today announced that it will release its 2023 fourth quarter earnings on Monday, February 12, 2024 after the market close. Brixmor will host a teleconference on Tuesday, February 13, 2024 at 10:00 AM ET.

BRIXMOR PROPERTY GROUP ANNOUNCES FOURTH QUARTER 2023 EARNINGS RELEASE AND TELECONFERENCE DATES

NEW YORK , Dec. 14, 2023 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today that Angela M. Aman will step down as the Company's President, Chief Financial Officer and Treasurer, effective January 19, 2024, in order to assume the position of Chief Executive Officer of Kilroy Realty Corporation.

BRIXMOR PROPERTY GROUP ANNOUNCES CHIEF FINANCIAL OFFICER TRANSITION

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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: Dividend Growth Set To Continue Despite 2024 Headwinds

NEW YORK , Nov. 6, 2023 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today that S&P Global Ratings ("S&P") raised its issuer credit ratings on Brixmor Property Group Inc. and the Company's operating partnership, Brixmor Operating Partnership LP, to 'BBB' from 'BBB-', with a stable outlook. S&P indicated in their announcement that this upgrade reflects the Company's improved portfolio quality and credit protection measures from redevelopment and leasing efforts, which have resulted in steadily improving occupancy, rents, and EBITDA generation.

S&P UPGRADES BRIXMOR PROPERTY GROUP CREDIT RATING TO 'BBB'

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 this time, all participants are in a listen-only mode.

Brixmor Property Group Inc. (BRX) Q3 2023 Earnings Call Transcript

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.

Brixmor (BRX) Reports Q3 Earnings: What Key Metrics Have to Say

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

Brixmor Property (BRX) Q3 FFO Match Estimates

NEW YORK , Oct. 30, 2023 /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, 2023.  For the three months ended September 30, 2023 and 2022, net income was $0.21 per diluted share and $0.26 per diluted share, respectively.

BRIXMOR PROPERTY GROUP REPORTS THIRD QUARTER 2023 RESULTS

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.

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

What Makes Brixmor (BRX) a New Buy Stock

NEW YORK , Sept. 28, 2023 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today that Angela M.

BRIXMOR PROPERTY GROUP ANNOUNCES PROMOTIONS OF ANGELA M. AMAN AND BRIAN T.

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

Brixmor Property Group Passes Through 5% Yield Mark

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NEW YORK , Sept. 19, 2023 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) today announced that it will release its 2023 third quarter earnings on Monday, October 30, 2023 after the market close.

BRIXMOR PROPERTY GROUP ANNOUNCES THIRD QUARTER 2023 EARNINGS RELEASE AND TELECONFERENCE DATES

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.

Brixmor Property: Well-Positioned Grocery Center Retail REIT, Buy The Dip

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.

Brixmor Property Group To Present At BofA Securities 2023 Global Real Estate Conference

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Brixmor Property Group Inc. (NYSE:BRX ) Q2 2023 Earnings Conference Call August 1, 2023 10:00 AM ET Company Participants Stacy Slater - SVP-IR and Capital Markets Jim Taylor - President and CEO Angela Aman - EVP and CFO Brian Finnegan - EVP and Chief Revenue Officer Mark Horgan - EVP and Chief Investment Officer Conference Call Participants Todd Thomas - KeyBanc Capital Markets Juan Sanabria - BMO Capital Markets Ki Bin Kim - Truist Securities Caitlin Burrows - Goldman Sachs Craig Mailman - Citi Greg McGinniss - Scotiabank Jeff Spector - Bank of America Dori Kesten - Wells Fargo Anthony Powell - Barclays Haendel St. Juste - Mizuho Mike Mueller - JPMorgan Floris Van Dijkum - Compass Point Alexander Goldfarb - Piper Sandler Linda Tsai - Jefferies Operator Greetings, and welcome to the Brixmor Property Group Second Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Brixmor Property Group Inc. (BRX) Q2 2023 Earnings Call Transcript

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.

Compared to Estimates, Brixmor (BRX) Q2 Earnings: A Look at Key Metrics

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.

Brixmor Property (BRX) Q2 FFO and Revenues Surpass Estimates

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.

BRIXMOR PROPERTY GROUP APPOINTS SEASONED RETAIL EXECUTIVE JOHN PETER ("JP") SUAREZ TO BOARD OF DIRECTORS

News for Brixmor Property Group Stock (BRX)