Brixmor Ppty Group Inc Stock Price, News & Analysis

Brixmor Property Group (NYSE: BRX) has announced it will host an interactive panel discussion following ICSC 2025 Las Vegas on Thursday, May 22, 2025 from 11:00 AM ET to 12:00 PM ET. The webinar will feature discussions between management, analysts, and investors. Participants can register in advance through a provided Zoom link, and a replay will be available on Brixmor's website afterward.

Brixmor Property Group reported strong Q1 2025 financial results, with net income of $0.23 per diluted share. Key highlights include:

• Executed 1.3M sq ft of new/renewal leases with 20.5% rent spreads
• Achieved 94.1% total leased occupancy
• Reported 2.8% increase in same property NOI
• Delivered Nareit FFO of $171.1M ($0.56 per share)
• Completed $27.5M of reinvestment projects at 11% NOI yield

The company issued $400M in Senior Notes and amended its $1.75B credit facilities. Their value-add strategy continues to deliver results with record in-place ABR per square foot. The Board declared a quarterly dividend of $0.2875 per share. For 2025, Brixmor affirmed its FFO guidance of $2.19-$2.24 per share and expects same property NOI growth of 3.50-4.50%.

CEO James Taylor highlighted the company's strong forward leasing and reinvestment pipelines, positioning them well for continued outperformance despite market challenges.

Brixmor Property Group (NYSE: BRX) has scheduled its 2025 first quarter earnings release for Monday, April 28, 2025, after market close. The company will host a teleconference to discuss the results on Tuesday, April 29, 2025, at 10:00 AM ET.

Investors can access the live webcast through Brixmor's website under the Investors tab. A conference call dial-in option is available at 1.877.704.4453 for domestic callers and 1.201.389.0920 for international participants. The earnings call replay will be accessible until May 13, 2025, via phone using passcode 13751948.

Brixmor Property Group (NYSE: BRX) announced that its operating partnership has priced an offering of $400 million in Senior Notes due 2032. The notes will be issued at 99.831% of par value with a 5.200% coupon, with interest payable semi-annually on April 1 and October 1, starting October 1, 2025.

The notes will mature on April 1, 2032, and the offering is expected to close on March 4, 2025. The net proceeds will be used for general corporate purposes, including potential repayment of outstanding debt under its unsecured revolving credit facility. J.P. Morgan Securities, BMO Capital Markets, RBC Capital Markets, and U.S. Bancorp Investments are serving as joint book-running managers for the offering.

Brixmor Property Group (NYSE: BRX) has announced its upcoming presentation at Citi's 2025 Global Property CEO Conference. The presentation is scheduled for Monday, March 3, 2025, from 10:15 AM ET to 10:50 AM ET.

The event will be accessible via a live webcast through Brixmor's website under the Investors tab. Interested parties can view the replay of the presentation until March 4, 2026.

The company has provided multiple channels for stakeholders to connect and stay updated, including their official website and social media presence on LinkedIn, Facebook, Instagram, and YouTube.

Brixmor Property Group (NYSE: BRX) reported strong Q4 and full-year 2024 results. Q4 net income was $0.27 per diluted share, up from $0.24 in Q4 2023. Full-year net income reached $1.11 per diluted share, compared to $1.01 in 2023.

Key Q4 highlights include: 1.5M sq ft of new and renewal leases with 21% rent spreads, 95.2% total leased occupancy, and same property NOI increase of 4.7%. The company completed $211.8M in acquisitions and $69.3M in dispositions. Nareit FFO was $161.4M ($0.53 per diluted share).

For 2025, Brixmor provided guidance of $2.19-$2.24 Nareit FFO per diluted share and expects same property NOI growth of 3.50-4.50%. The company maintains strong liquidity of $1.6B and a net principal debt to adjusted EBITDA ratio of 5.7x.

Brixmor Property Group (NYSE: BRX) has released its tax reporting information for 2024 distributions on common stock. The company paid four quarterly distributions of $0.2725 per share, totaling $1.0900 for the year. The entire distribution amount was classified as ordinary dividends and Section 199A dividends, with no capital gain distributions, unrecaptured Section 1250 gain, or return of capital components.

The distributions were paid on January 16, April 15, July 15, and October 15, 2024, with respective record dates of January 3, April 2, July 2, and October 2, 2024. This information will be reported on Form 1099-DIV for shareholders' tax purposes.

Brixmor Property Group (NYSE: BRX) has announced significant investment activity for Q4 and full-year 2024. During Q4, the company acquired four shopping centers and one land parcel for $211.8 million, while the full-year acquisitions totaled seven shopping centers and two land parcels for $293.0 million.

Key Q4 acquisitions include: The Plaza at Buckland Hills ($67.5M), a 308,000 sq ft center in Connecticut; Britton Plaza ($60.5M), a 466,000 sq ft center in Tampa; North Ridge Shopping Center ($54.6M), a 171,000 sq ft center in Raleigh; and Huron Village ($29.3M), a 118,000 sq ft center in Ann Arbor.

The company also completed dispositions generating $69.3M in Q4 and $212.4M for the full year. Additionally, BRX raised $96.6M through ATM equity offerings in Q4, selling approximately 3.4M shares at an average price of $28.77.