Brixmor Property (BRX) came out with quarterly funds from operations (FFO) of $0.56 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to FFO of $0.54 per share a year ago.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Brixmor Property (BRX) have what it takes?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Brixmor Property (BRX) have what it takes?
Shopping center vacancies are at historic lows, with demand outpacing supply and little new construction due to prohibitively high building costs. Current rental rates are far below levels needed to justify new development, ensuring tight supply and supporting strong rental growth for existing properties. Shopping center REITs trade at significant discounts to replacement cost and NAV, offering attractive value relative to their underlying asset potential.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Brixmor Property (BRX) have what it takes?
Brixmor's defensive portfolio delivers stable, growing dividends with a proven track record of 4%+ annual growth and conservative leverage. Brixmor Property Group CEO James Taylor speaks to near term uncertainty and volatility.
Brixmor Property Group's grocery-anchored locations have driven solid performance, despite retail real estate pressures and elevated interest rates affecting valuations since late 2024. The company reported in-line Q1 results with $0.56 FFO and 5% revenue growth, but shares fell 4% as results were priced in. Brixmor's strong leasing activity, 94.1% occupancy, and 51% dividend payout ratio position it well for 5% dividend growth despite economic headwinds.
Brixmor Property Group Inc. (NYSE:BRX ) Q1 2025 Earnings Conference Call April 29, 2025 10:00 AM ET Company Participants Stacy Slater - Senior Vice President, Investor Relations James Taylor - Chief Executive Officer Brian Finnegan - President and Chief Operating Officer Steven Gallagher - Executive Vice President, Chief Financial Officer and Treasurer Mark Horgan - Executive Vice President and Chief Investment Officer Conference Call Participants Todd Thomas - KeyBanc Capital Markets Samir Khanal - Bank of America Craig Mailman - Citi Alexander Goldfarb - Piper Sandler Greg McGinniss - Scotiabank Michael Griffin - Evercore ISI Floris van Dijkum - Compass Point Caitlin Burrows - Goldman Sachs Haendel St. Juste - Mizuho Securities Ki Bin Kim - Truist Securities Linda Tsai - Jefferies Paulina Rojas Schmidt - Green Street Hong Zhang - JPMorgan Juan Sanabria - BMO Capital Markets Jamie Feldman - Wells Fargo Operator Greetings and welcome to the Brixmor Property Group First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.
The headline numbers for Brixmor (BRX) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Brixmor Property (BRX) came out with quarterly funds from operations (FFO) of $0.56 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to FFO of $0.54 per share a year ago.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Brixmor Property (BRX) have what it takes?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Brixmor Property (BRX) have what it takes?