20-May-2024
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PRNewswire (Fri, 10-May 8:00 AM ET)
PRNewswire (Tue, 30-Apr 6:12 PM ET)
BRIXMOR PROPERTY GROUP REPORTS FIRST QUARTER 2024 RESULTS
PRNewswire (Mon, 29-Apr 4:05 PM ET)
PRNewswire (Thu, 11-Apr 4:15 PM ET)
BRIXMOR PROPERTY GROUP ANNOUNCES FIRST QUARTER 2024 EARNINGS RELEASE AND TELECONFERENCE DATES
PRNewswire (Wed, 27-Mar 4:05 PM ET)
Brixmor Property Group Inc is a real estate investment trust based in the United States. The company owns and operates a portfolio of grocery-anchored community and neighborhood shopping centers across the United States. It leases its rentable areas to retailers, restaurants, theatres, entertainment venues, and fitness centers, with the company's tenants consisting of large department stores, discount retailers, and grocery stores. The company is an internally managed REIT. The company operates in Florida, Texas, California, New York, Pennsylvania, Illinois, New Jersey, Georgia, North Carolina, Michigan, Ohio and other states.
Brixmor Property Group trades on the NYSE stock market under the symbol BRX.
As of May 20, 2024, BRX stock price declined to $22.15 with 1,723,964 million shares trading.
BRX has a beta of 1.03, meaning it tends to be more sensitive to market movements. BRX has a correlation of 0.34 to the broad based SPY ETF.
BRX has a market cap of $6.67 billion. This is considered a Mid Cap stock.
Last quarter Brixmor Property Group reported $320 million in Revenue and $.54 earnings per share. This beat revenue expectation by $4 million and exceeded earnings estimates by $.03.
In the last 3 years, BRX stock traded as high as $27.19 and as low as $17.62.
The top ETF exchange traded funds that BRX belongs to (by Net Assets): VNQ, IJH, VTI, VB, VBR.
BRX has underperformed the market in the last year with a price return of +14.6% while the SPY ETF gained +28.2%. BRX has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -1.8% and 0.0%, respectively, while the SPY returned +7.0% and +2.6%, respectively.
BRX support price is $22.22 and resistance is $22.82 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BRX stock will trade within this expected range on the day.