Three Months Ended June 30, 2024 Note: Financial and operational information is unaudited. For additional information, please visit https://www.brixmor.com; follow Brixmor on LinkedIn at https://www.linkedin.com/company/brixmor, Facebook at https://www.facebook.com/Brixmor, Instagram at https://www.instagram.com/brixmorpropertygroup, and Youtube at https://www.youtube.com/user/Brixmor. This Supplemental Disclosure may contain forward-looking statements within the meaning of Section 27A of the Securities Act ...

Pursuant to the terms of the Company's unsecured debt agreements, the Company, among other things, is subject to the maintenance of various financial covenants. The Company was in compliance with these covenants as of June 30, 2024. As of June 30, 2024 and December 31, 2023, the Company had accrued interest of $58.2 million and $47.1 million outstanding, respectively. As of June 30, 2024, scheduled maturities of the Company's outstanding debt obligations were as follows: | --- | --- | --- | |--------------- ...

- Continued to Deliver Record Operating Metrics - - Announced Executive Promotions - Announced the following executive promotions, effective as of July 24, 2024: Brian T. Finnegan, the Company's Senior Executive Vice President, Chief Operating Officer has been promoted to President, Chief Operating Officer Steven T. Gallagher, the Company's Senior Vice President, Chief Accounting Officer and Interim Chief Financial Officer and Treasurer has been promoted to Executive Vice President, Chief Financial Officer ...

Brixmor Property (BRX) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analyst ...

Brixmor Property in Focus Looking at this fiscal year, BRX expects solid earnings growth. The Zacks Consensus Estimate for 2024 is $2.11 per share, which represents a year-over-year growth rate of 3.43%. High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. Income investors must be conscious of the fact that high-yielding stocks tend to struggle during ...

Continued progress in support of Diversity and Inclusion initiatives, with an emphasis on inclusive recruitment and early career development; employee engagement, mentorship, and education; and enhanced transparency and accountability An average gender pay gap of zero for the fourth consecutive year Executive bonuses linked directly to the achievement of individual ESG goals Maintaining the highest score of "1" from ISS's Governance QualityScore, which reviews corporate governance quality and risk across fo ...

Brixmor Property (BRX) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as thes ...

NEW YORK, June 11, 2024 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) today announced that it will release its 2024 second quarter earnings on Monday, July 29, 2024 after the market close. Brixmor will host a teleconference on Tuesday, July 30, 2024 at 10:00 AM ET. Event: Brixmor Property Group's Second Quarter Earnings Results When: 10:00 AM ET, Tuesday, July 30, 2024 Live Webcast: Brixmor 2Q 2024 Earnings Call under the Investors tab at https://www.brixmor.com Dial #: 1.877.704.4453 (Internation ...

In recent history, e-commerce can be argued as the biggest societal shift to impact commercial real estate. We've detailed the topic in retail outlooks from November 2022 and November 2021, and more recently in our Industrial Outlook from March 2024. Many expected the surge in online shopping during the pandemic to supercharge the "death of brick and mortar" retail. The reality was the exact opposite, albeit with a lag, as increased online sales activity actually illuminated the undeniable importance of an ...

Luis Alvarez We have already discussed how strong shopping center fundamentals are, given the lack of development in the last 15 years and demand approaching a point of full occupancy. The question I want to address today is – How long can it last? To address this question, let us first explore the mechanisms that govern the length of a real estate cycle. The length of a real estate cycle Real estate is inherently cyclical, as it has internal feedback mechanisms that keep it in check. When a given property ...