Brixmor Property Group, Inc. | REIT Profile
Symbol: BRX
CIK: 1581068
Exchange: NYSE
Founded: 1985 (39 years)
HQ: New York, NY, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Retail
See BRX on Yahoo Finance
See BRX on SEC.gov
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Brixmor Property Group, a real estate investment trust (REIT), is a leading owner and operator of high-quality, open-air shopping centers. The Company's more than 500 retail centers comprise 85 million square feet in established trade areas across the nation and are supported by a diverse mix of highly productive non-discretionary and value-oriented retailers, as well as consumer-oriented service providers. Brixmor is committed to maximizing the value of its portfolio by prioritizing investments, cultivating relationships and capitalizing on embedded growth opportunities through driving rents, increasing occupancy and pursuing value-enhancing reinvestment opportunities. Headquartered in New York City, Brixmor is a partner to more than 5,500 best-in-class national, regional and local tenants and is the largest landlord to The TJX Companies and The Kroger Company.
Stock Chart
REITMovers
REITMovers tracks the stock price and other indicators for all US REITs tracked by REITNotes during normal trading hours. This data is updated every 4 minutes during normal trading hours. Note: All prices have a 15 minute delay.
| Latest Price | High | Low | Open | Previous Close | Volume | Change $ | Change % |
|---|---|---|---|---|---|---|---|
| $24.20 | $24.62 | $24.09 | $24.23 | $24.16 | 1,894,805 | $0.04 | 0.17% |
Last update: 2024-07-26 12:56:45 PST
Hightlights of Trading Day July 5, 2024
Closing Price: $22.6
Price Change: -0.13 (-0.572%)
Lowest Price: $22.53
Highest Price: $22.82
52-Week Low: $18.78
52-Week Change: 8.36%
5 Day Price Change: 1.08%
1 Month Price Change: 2.48%
3 Month Price Change: 4.48%
6 Month Price Change: 2.36%
1 Year Price Change: 8.31%
2 Year Price Change: 21.79%
5 Year Price Change: 58.94%
Dividend of Trading Day July 5, 2024
Annualized Dividend: $1.09*
Dividend Yield (TTM): 4.658%
Annualized Dividend (TTM): $1.0588
Ex-Dividend Date: 2024-07-02
Dividend Frequency: Quarterly
*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.
Latest REIT Press Releases
- Brixmor - BRIXMOR PROPERTY GROUP ISSUES ANNUAL CORPORATE RESPONSIBILITY REPORT - Mon, 01 Jul 2024 12:02:23 UTC
- Brixmor - BRIXMOR PROPERTY GROUP PRICES OFFERING OF SENIOR NOTES - Wed, 22 May 2024 20:05:54 UTC
- Brixmor - BRIXMOR PROPERTY GROUP CHIEF EXECUTIVE OFFICER AND PRESIDENT JAMES M. TAYLOR TO RETURN FROM MEDICAL LEAVE OF ABSENCE - Fri, 10 May 2024 12:00:55 UTC
- Brixmor - BRIXMOR PROPERTY GROUP REPORTS FIRST QUARTER 2024 RESULTS - Mon, 29 Apr 2024 20:06:03 UTC
- Brixmor - BRIXMOR PROPERTY GROUP ANNOUNCES CHIEF EXECUTIVE OFFICER AND PRESIDENT JAMES M. TAYLOR TO TAKE TEMPORARY MEDICAL LEAVE OF ABSENCE - Thu, 11 Apr 2024 20:15:31 UTC
Funds From Operations (FFO)
FFO Amount and Payout Ratio
Below are the FFO amounts, dividends, and payout ratios for the last two quarters for BRX.
| Year | Quarter | Type | Amount | Dividend Paid | Payout Ratio |
|---|---|---|---|---|---|
| 2024 | Q1 | FFO | $--- | $--- | ---% |
| 2023 | Q4 | FFO | $--- | $--- | ---% |
REITNotes uses the REIT's Funds From Operation (FFO) per diluted share informed in the REIT’s Quarterly Earning Reports and its announced dividend per diluted share. For some REITs, we also display the Adjusted Funds From Operations (AFFO), Core FFO, Normalized FFO (NFFO), Modified FFO (MFFO), Operating FFO as provided by the REIT. REITNotes™ calculates the payout ratio by dividing the dividend value paid during the current quarter by the FFO declared in the previous Quarter. E.g., we divide the dividend value paid in Q3 by the FFO reported in Q2. This is because although paid in Q3, the dividend value is usually declared during the previous quarter. FFO is a non-GAAP measure recognized by the SEC and provided by the REITs as a supplemental measure of their operating performance. FFO is not meant to be an indicator of the REIT’s capacity to pay current or future dividends nor to be a substitute to the REIT's cash flow from operations. It is recommended to check the REIT's website, Earning Reports and dividend announcements for the latest and updated information.
Key Stats of Trading Day July 5, 2024
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Properties Owned by BRX
Sample of REIT’s Properties. Image Source - REIT’s website
Occupancy Rate
REIT Simulation
Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.
| With $1,000 USD | With $500 USD | With $250 USD | With $100 USD | With $50 USD | |
|---|---|---|---|---|---|
| Initial investment | @ $21.58 per share you would have been able to buy 46 shares of BRX on 2023-07-27 costing $992.68 | @ $21.58 per share you would have been able to buy 23 shares of BRX on 2023-07-27 costing $496.34 | @ $21.58 per share you would have been able to buy 11 shares of BRX on 2023-07-27 costing $237.38 | @ $21.58 per share you would have been able to buy 4 shares of BRX on 2023-07-27 costing $86.32 | @ $21.58 per share you would have been able to buy 2 shares of BRX on 2023-07-27 costing $43.16 |
| Current worth | On 2024-07-05 these 46 shares would be worth $1,039.60 @ $22.60 | On 2024-07-05 these 23 shares would be worth $519.80 @ $22.60 | On 2024-07-05 these 11 shares would be worth $248.60 @ $22.60 | On 2024-07-05 these 4 shares would be worth $90.40 @ $22.60 | On 2024-07-05 these 2 shares would be worth $45.20 @ $22.60 |
| Dividends earned | $37.03 in dividends would have been earned since 2023-07-27 with 46 shares. | $19 in dividends would have been earned since 2023-07-27 with 23 shares. | $8.86 in dividends would have been earned since 2023-07-27 with 11 shares. | $3.22 in dividends would have been earned since 2023-07-27 with 4 shares. | $1.61 in dividends would have been earned since 2023-07-27 with 23 shares. |
| Net (gain / loss)* | 83.95 USD | 41.98 USD | 20.08 USD | 7.30 USD | 3.65 USD |
| ROI** | 8.46% | 8.46% | 8.46% | 8.46% | 8.46% |
*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.
Dividend History
| Symbol | Ex Date | Cash Amount | Change in Dividend | Declaration Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| --- | --- | --- | --- | --- | --- | --- |
Financial Statements Overview
Balance Sheet | Quarterly
See Annual Balance Sheet | See Quarterly Balance Sheet
Income Statement | Quarterly
See Annual Income Statement | See Quarterly Income Statement
Cash Flow | Quarterly
See Annual Cash Flow | See Quarterly Cash Flow
REITProperty
| Name | Type | Address | City | State |
|---|---|---|---|---|
| Springdale | Retail | 3250 Airport Boulevard | Mobile | AL |
| Payton Park | Retail | 41301 US Highway 280 | Sylacauga | AL |
| Shops of Lake Tuscaloosa | Retail | 4851 Rice Mine Road NE | Tuscaloosa | AL |
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Last updated: 2024-07-27 - v4.9