Why Brixmor Property Group Stock Rose 10% Today [The Motley Fool]
Brixmor Property Group Inc. (BRX)
Last brixmor property group inc. earnings: 2/10 04:05 pm
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US:NYSE Investor Relations:
investors.brixmor.com
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Source: The Motley Fool
What happenedShares ofreal estate investment trustBrixmor Property Group(NYSE:BRXSo whatBrixmor owns around 00 shopping centers, many of which house the types of stores people visit regularly. That includes things like grocery stores, pharmacies, pet stores, and dollar stores. But the portfolio also includes a lot of other businesses, like restaurants and clothing stores. Mixed in are a significant number of small, local merchants. Although many of the stores that lease space in Brixmor's properties are still open, the government's efforts to contain the spread ofCOVID-9Image source: Getty Images.That's a problem for a company that relies on the rents it collects to pay its own bills and to support shareholder dividends. Investors have pushed the shares of Brixmor, and other shopping center landlords, lower throughout the coronavirus pandemic. The stock is down about 0% so far this year. Investors are painting with a broad brush, but that's not surprising, given that fear has been the
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BRX
News
- Brixmor Property Group Inc. (NYSE: BRX) had its price target raised by analysts at KeyCorp from $28.00 to $32.00. They now have an "overweight" rating on the stock.MarketBeat
- Are Finance Stocks Lagging BLACKROCK FIN (BLK) This Year? [Yahoo! Finance]Yahoo! Finance
- Dividend Boosters: 3 Stocks That Just Rewarded Their Shareholders With Dividend Increases (BRX, NXRT, KRG) [Yahoo! Finance]Yahoo! Finance
- Brixmor Property Group Inc. (NYSE: BRX) had its price target raised by analysts at Stifel Nicolaus from $25.50 to $27.50. They now have a "hold" rating on the stock.MarketBeat
- BRIXMOR PROPERTY GROUP REPORTS THIRD QUARTER 2024 RESULTSPR Newswire
BRX
Earnings
- 10/28/24 - Miss
BRX
Sec Filings
- 11/20/24 - Form 144
- BRX's page on the SEC website