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 ...

NEW YORK, May 22, 2024 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today that its operating partnership, Brixmor Operating Partnership LP (the "Operating Partnership"), priced an offering of $400 million aggregate principal amount of 5.750% Senior Notes due 2035 (the "Notes"). The Notes will be issued at 99.222% of par value with a coupon of 5.750%. Interest on the Notes is payable semi-annually on February 15 and August 15 of each year, beginning August 15 ...

NEW YORK, May 10, 2024 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today that James M. Taylor Jr. will return from his medical leave of absence and reassume his duties as the Company's Chief Executive Officer and President, effective May 20, 2024. Brian T. Finnegan, who has served as interim Chief Executive Officer and President, will continue in his position as Senior Executive Vice President and Chief Operating Officer. CONNECT WITH BRIXMOR For additiona ...

Brixmor Property Group Inc. (NYSE:BRX) Q1 2024 Earnings Call Transcript April 30, 2024 10:00 AM ET Company Participants Stacy Slater - Senior Vice President of Investor Relations Brian Finnegan - Interim CEO and President Steven Gallagher - Interim Chief Financial Officer Mark Horgan - Chief Investment Officer Conference Call Participants Samir Khanal - Evercore ISI Todd Thomas - KeyBanc Capital Markets Inc. Alexander Goldfarb - Piper Sandler Juan Sanabria - BMO Capital Markets Craig Mailman - Citigroup Inc ...

Adjacent to the Orange County Convention Center on International Drive, Live! at The Pointe Orlando Will Bring an Unmatched Dining, Entertainment, Nightlife and Social Experience to Orlando's Tourism CorridorLive! is Now Hiring Over 300 Team Members for a Variety of Part-Time and Full-Time Positions in Orlando ORLANDO, Fla., April 30, 2024 /PRNewswire/ -- The Cordish Companies announced today that their 73,000-square-foot dining and entertainment destination at Pointe Orlando will take on the Company's nati ...

For the quarter ended March 2024, Brixmor Property (BRX) reported revenue of $320.24 million, up 2.8% over the same period last year. EPS came in at $0.54, compared to $0.37 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $316.25 million, representing a surprise of +1.26%. The company delivered an EPS surprise of +5.88%, with the consensus EPS estimate being $0.51.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall St ...

3. Defaults Upon Senior Securities38 Forward-Looking Statements Item 1. Financial Statements | --- | --- | --- | --- | |-------------------------------------------------------------------------------------------------------------|--------------------------------------|-------------|------------------------------| | (Unaudited, in thousands) \nNet income | Three Months \n2024 \n$ 88,905 | Ended \n $ | March 31, \n2023 \n112,246 | | Other comprehensive income | | | | | Change in unrealized gain (loss) on inte ...