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BRX $27.4

BRX target price
27.40
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Brixmor Property Group Inc.
Type
Public company
Traded as NYSE: BRX
Industry Real estate investment trust
Headquarters 450 Lexington Avenue
New York City, United States
Key people
James M. Taylor, President & CEO
John G. Schreiber, Chairman
Revenue Increase $1.275 billion (2016)
Net income
Increase $0.278 billion (2016)
Total assets Decrease $9.319 billion (2016)
Total equity Increase $2.927 billion (2016)
Number of employees
442 (2016)
Website www.brixmor.com

Brixmor Property Group Inc. is a publicly-traded real estate investment trust that invests in shopping centers.

As of December 31, 2016, the company owned interests in 512 shopping centers comprising 86 million square feet.

Properties in Texas, Florida, and California each account for approximately 10% of the company's revenues.

The company's largest tenants are as follows:

In 2011, The Blackstone Group acquired Centro Properties Group US and the resulting entity changed its name to Brixmor.

In October 2013, the company became a public company via initial public offering.

In 2015, the company acquired a shopping center in Boston for $31.95 million.

In 2016, the company sold a shopping center in Pompano Beach, Florida for $50 million.

In April 2016, president and CEO Michael Carroll, CFO Michael Pappagallo, and chief accounting officer Steven Splain resigned after an accounting scandal. Jim Taylor was named CEO and president.

In August 2016, The Blackstone Group reduced its stake in the company to 14%.

In 2017, the company sold a building in Randallstown, Maryland for $28.5 million and a shopping center in Eustis, Florida for $23 million. The company acquired a shopping center in Escondido, California for $40.1 million and a shopping center in Ann Arbor, Michigan for $102 million.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-11-01 Future report Set alerts
Q2 2022 2022-08-01 0.29 0.29
Q1 2022 2022-05-02 0.26 0.26
Q4 2021 2022-02-07 0.27 0.27
Q3 2021 2021-11-01 0.15 0.15
Q2 2021 2021-08-02 0.30 0.30
Q1 2021 2021-05-03 0.18 0.18
Q4 2020 2021-02-11 0.08 0.08
Q3 2020 2020-11-04 0.00 0.00
Q2 2020 2020-08-03 0.03 0.03

Ratings

2016-06-03 Upgrade JPMorgan Chase & Co. Underweight to Neutral $26.00
2016-05-22 Reiterated Rating Deutsche Bank Hold $26.00
2016-05-22 Reiterated Rating Deutsche Bank AG Hold $26.00
2016-04-13 Initiated Coverage Mizuho Neutral $23.00
2016-03-19 Reiterated Rating Deutsche Bank Hold
2016-03-16 Initiated Coverage Credit Suisse Neutral $27.00
2016-03-16 Initiated Coverage Credit Suisse Group AG Neutral $27.00
2016-03-10 Boost Price Target Barclays Equal Weight $25.00 to $27.00
2016-03-10 Boost Price Target Barclays PLC Equal Weight $25.00 to $27.00
2016-03-02 Upgrade Sandler O'Neill Hold to Buy $27.00
2016-03-02 Downgrade Evercore ISI Buy to Hold
2016-03-01 Upgrade RBC Capital Underperform to Sector Perform
2016-03-01 Upgrade Boenning Scattergood Neutral to Outperform
2016-03-01 Upgrade Royal Bank Of Canada Underperform to Sector Perform
2016-02-09 Downgrade Barclays Overweight to Equal Weight $28.00 to $25.00
2016-02-08 Downgrade Boenning Scattergood Outperform to Neutral
2016-02-08 Downgrade Sandler O'Neill Buy to Hold
2016-02-08 Downgrade SunTrust Buy to Neutral
2016-02-08 Downgrade Deutsche Bank Buy to Hold $31.00 to $24.00
2016-02-08 Downgrade JPMorgan Chase & Co. Overweight to Underweight
2016-02-08 Downgrade Stifel Nicolaus Buy to Hold
2016-02-08 Downgrade RBC Capital Outperform to Underperform
2016-02-08 Downgrade Wells Fargo Outperform to Market Perform
2016-02-08 Downgrade SunTrust Banks Inc. Buy to Neutral
2016-02-08 Downgrade Wells Fargo & Co. Outperform to Market Perform
2016-01-05 Boost Price Target Deutsche Bank Buy $30.00 to $31.00
2015-12-18 Reiterated Rating Boenning Scattergood Outperform
2015-10-29 Boost Price Target RBC Capital Outperform $28.00 to $30.00
2015-10-27 Boost Price Target Evercore ISI Buy $27.00 to $28.00
2015-10-21 Reiterated Rating Barclays Buy
2015-10-20 Boost Price Target Barclays Overweight $28.00 to $29.00
2015-09-17 Initiated Coverage Credit Suisse Neutral $28.00
2015-09-08 Reiterated Rating Evercore ISI Buy $28.00 to $27.00
2015-09-08 Lower Price Target Evercore Partners Inc. Buy $28.00 to $27.00
2015-07-18 Lower Price Target Barclays Overweight $28.00 to $27.00
2015-06-09 Reiterated Rating Evercore ISI Buy $29.50 to $29.00
2015-05-28 Reiterated Rating Deutsche Bank Buy $30.00
2015-05-04 Upgrade Stifel Nicolaus Hold to Buy $27.00 to $28.00
2015-04-30 Boost Price Target Deutsche Bank Buy $29.00 to $30.00
2015-03-20 Boost Price Target Citigroup Inc. Neutral $25.00 to $26.00
2015-02-11 Boost Price Target RBC Capital Outperform $25.00 to $28.00
2015-01-26 Reiterated Rating Deutsche Bank Buy $28.00 to $29.00
2014-12-11 Boost Price Target Deutsche Bank Buy $26.00 to $28.00
2014-12-04 Reiterated Rating Citigroup Inc. Hold $23.00 to $25.00
2014-11-17 Reiterated Rating Deutsche Bank Buy $25.00 to $26.00
2014-10-28 Reiterated Rating Deutsche Bank Buy $25.00
2014-08-27 Upgrade Evercore ISI Neutral to Buy $25.50
2014-08-14 Reiterated Rating JPMorgan Chase & Co. Overweight $23.00 to $25.00
2014-07-21 Boost Price Target Barclays Overweight $24.00 to $25.00
2014-07-17 Boost Price Target Deutsche Bank Buy $23.00 to $25.00
2014-07-09 Reiterated Rating Citigroup Inc. Neutral $21.00 to $23.00
2014-07-08 Initiated Coverage Robert W. Baird Outperform $26.00
2014-07-07 Boost Price Target RBC Capital Outperform $22.00 to $24.00
2013-12-13 Initiated Coverage Deutsche Bank Buy $23.00
2013-12-10 Initiated Coverage Sandler O'Neill Buy
2013-12-09 Initiated Coverage Stifel Nicolaus Hold $20.00
2013-12-09 Initiated Coverage Barclays Overweight
2013-12-09 Initiated Coverage KeyBanc Buy
2013-12-09 Initiated Coverage SunTrust Buy
2013-12-09 Initiated Coverage Wells Fargo & Co. Outperform
2013-12-09 Initiated Coverage Citigroup Inc. Neutral
2013-12-09 Initiated Coverage JPMorgan Chase & Co. Overweight $22.00
2013-12-09 Initiated Coverage Bank of America Buy $22.50
2013-12-09 Initiated Coverage RBC Capital Outperform $22.00
2013-12-09 Initiated Coverage Wells Fargo Outperform
2013-11-06 Initiated Coverage Evercore ISI Neutral $21.00
2016-06-03 Upgrade JPMorgan Chase & Co. Underweight to Neutral $26.00
2016-05-22 Reiterated Rating Deutsche Bank Hold $26.00
2016-05-22 Reiterated Rating Deutsche Bank AG Hold $26.00
2016-04-13 Initiated Coverage Mizuho Neutral $23.00
2016-03-19 Reiterated Rating Deutsche Bank Hold

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
BRE Throne NR Parent LLC 1.83%  (4496722) BRX /
BREA VI L.L.C. 1.83%  (4496722) BRX /
BRE Retail Holdco L.P. 0.72%  (1769570) BRX /
Carroll Michael A Chief Executive Officer 0.41%  (995757) BRX /
PAPPAGALLO MICHAEL V Chief Financial Officer 0.15%  (364866) BRX / KIM /
SIEGEL STEVEN F See Remarks 0.13%  (329039) BRX /
BERNSTEIN DEAN See Remarks 0.12%  (290386) BRX /
SPLAIN STEVEN A See Remarks 0.11%  (278506) BRX /
BRUCE TIMOTHY J See Remarks 0.11%  (264969) BRX /
Taylor James M Jr President and CEO 0.09%  (228384) BRX / FRT /
Singh Carolyn Carter See Remarks 0.09%  (226332) BRX /
Finnegan Brian T See Remarks 0.04%  (85854) BRX /
GRAY JONATHAN 0.03%  (83439) BRX / BX / HLT /
Aman Angela M EVP, Chief Financial Officer 0.03%  (70205) BRX / RPAI /
Horgan Mark EVP, Chief Investment Officer 0.03%  (69043) BRX /
DEERING ANTHONY W 0.02%  (60700) BRX / UA /
SCHWARZMAN STEPHEN A 0.02%  (47108) BRX / BX / HLT / STAY /
Berman Michael B 0.01%  (35475) BRX /
Rahm William D. 0.01%  (25000) BRX /
Schreiber John 0.01%  (25000) BRX / BXMT / HLT /
DICKSON THOMAS W 0.01%  (20000) BRX / CAG / CST / HTSI / PTRY /
GREENE GABRIELLE E 0.01%  (17161) BRX / SSI / WFM /