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Brixmor Property Group Inc - BRX STOCK NEWS

Welcome to our dedicated news page for Brixmor Property Group (Ticker: BRX), a resource for investors and traders seeking the latest updates and insights on Brixmor Property Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Brixmor Property Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Brixmor Property Group's position in the market.

Rhea-AI Summary
Brixmor Property Group Inc. (BRX) achieved record total and small shop leased occupancy, reported net income of $0.24 per diluted share for Q4 2023, executed 1.7 million square feet of new and renewal leases, and increased same property NOI by 3.1%. The company's Nareit FFO was $154.7 million for Q4 2023 and $615.6 million for 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
Tags
earnings
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Rhea-AI Summary
Brixmor Property Group Inc. (BRX) announced the tax reporting information for the 2023 distributions on its common stock. The total distribution per share was $1.04, with no capital gain distributions. The company provided specific dates for Ex-Dividend, Record, and Payable, and additional details on the tax reporting information.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.84%
Tags
none
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Rhea-AI Summary
Brixmor Property Group Inc. (BRX) announced the pricing of $400 million aggregate principal amount of 5.500% Senior Notes due 2034 by its operating partnership, Brixmor Operating Partnership LP. The Notes will be issued at 99.816% of par value with a coupon of 5.500% and will mature on February 15, 2034. The offering is expected to close on January 12, 2024, with the net proceeds intended for general corporate purposes, including repayment of indebtedness.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.15%
Tags
offering
Rhea-AI Summary
Brixmor Property Group Inc. (NYSE: BRX) will release its 2023 fourth quarter earnings on Monday, February 12, 2024 after the market close and host a teleconference on Tuesday, February 13, 2024 at 10:00 AM ET.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
Tags
earnings
-
Rhea-AI Summary
Brixmor Property Group Inc. (NYSE: BRX) announced the resignation of Angela M. Aman, President, CFO, and Treasurer, effective January 19, 2024, as she assumes the CEO role at Kilroy Realty Corporation. Steven Gallagher will serve as interim CFO while the Company evaluates candidates.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.44%
Tags
none
-
Rhea-AI Summary
Brixmor Property Group Inc. announced that S&P Global Ratings raised its issuer credit ratings on Brixmor Property Group Inc. and the Company's operating partnership to 'BBB' from 'BBB-', with a stable outlook. The upgrade reflects the Company's improved portfolio quality and credit protection measures, resulting in steadily improving occupancy, rents, and EBITDA generation. The current management team has made significant improvements to the market value of its rents by recycling assets, reinvesting in the portfolio, and improving asset quality.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.7%
Tags
none
Rhea-AI Summary
Brixmor Property Group Inc. reported net income of $0.21 per diluted share for Q3 2023, compared to $0.26 per diluted share in Q3 2022. The company executed 1.7 million square feet of new and renewal leases with rent spreads on comparable space of 22.3%. They also reported an increase in same property NOI of 4.8% and a Nareit FFO of $152.2 million, or $0.50 per diluted share. Brixmor increased their quarterly dividend by 4.8% to $0.2725 per common share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.12%
Tags
earnings
-
Rhea-AI Summary
Brixmor Property Group promotes Angela M. Aman to President and Brian T. Finnegan to Senior EVP and COO
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.29%
Tags
management
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Rhea-AI Summary
Brixmor Property Group Inc. to release Q3 earnings on October 30, 2023. Earnings call scheduled for October 31, 2023 at 10:00 AM ET.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
Tags
earnings
Rhea-AI Summary
Brixmor Property Group appoints JP Suarez, retired EVP of Walmart, to its board of directors. Suarez brings over 30 years of leadership experience in the retail, environment, and gaming sectors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.31%
Tags
management
Brixmor Property Group Inc

NYSE:BRX

BRX Rankings

BRX Stock Data

6.88B
298.30M
0.86%
101.48%
3.53%
Other Financial Vehicles
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New York

About BRX

brixmor property group (nyse: brx) owns & operates one of the nation's largest portfolios of open-air shopping centers, with approximately 500 properties located primarily in the top 50 u.s. metro markets. brixmor is committed to maximizing the value of its portfolio by prioritizing investments, cultivating relationships and capitalizing on embedded growth opportunities through driving rents, increasing occupancy and pursuing repositioning and redevelopment projects. headquartered in new york city, the company is the largest landlord to the tjx companies and the kroger company. we offer a diverse range of commercial real estate jobs in multiple functions across 15 office locations nationwide. we are looking for demonstrated leaders at all levels who continually seek to raise the bar on performance every day. as an industry leader, brixmor opens the door to commercial real estate jobs through summer internships for college students in our corporate and regional offices. brixmor is a rea