La catena delle opzioni mostra i dati chiave delle opzioni azionarie di Brixmor Property Group a vari prezzi di esercizio e date di scadenza. I trader utilizzano queste informazioni per analizzare potenziali operazioni e valutare il sentiment del mercato per Brixmor Property Group..

Brixmor Property Group (NYSE:BRX) Azioni, Catena delle Opzioni

Brixmor Property Group

Brixmor Property Group Inc is a real estate investment trust based in the United States. The company owns and operates a portfolio of grocery-anchored community and neighborhood shopping centers across the United States. It leases its rentable areas to retailers, restaurants, theatres, entertainment venues, and fitness centers, with the company's tenants consisting of large department stores, discount retailers, and grocery stores. The company is an internally managed REIT. The company operates in Florida, Texas, California, New York, Pennsylvania, Illinois, New Jersey, Georgia, North Carolina, Michigan, Ohio and other states.

Brixmor Property Group Inc

BELARAROX LTD by BELARAROX LTD.

<p>Throughout the last three months, 9 analysts have evaluated Brixmor Property Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRX#NYSE">BRX</a>), offering a diverse set of opinions from bullish to bearish.</p>
<p>The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">5</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<p>Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $28.83, with a high estimate of $32.00 and a low estimate of $27.00. This upward trend is apparent, with the current average reflecting a 10.63% increase from the previous average price target of $26.06.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1731675642_0.png" alt="price target chart" /></p>
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
<p>In examining recent analyst actions, we gain insights into how financial experts perceive Brixmor Property Group. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Ki Bin Kim</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$31.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>Todd Thomas</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$32.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>Simon Yarmak</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$27.50</td>
<td>$25.50</td>
</tr>
<tr>
<td>Samir Khanal</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$28.00</td>
<td>$27.00</td>
</tr>
<tr>
<td>Floris Van Dijkum</td>
<td>Compass Point</td>
<td>Raises</td>
<td>Buy</td>
<td>$30.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>Samir Khanal</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$27.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Dori Kesten</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$28.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Greg McGinniss</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Outperform</td>
<td>$29.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Haendel St. Juste</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Neutral</td>
<td>$27.00</td>
<td>$23.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Brixmor Property Group. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Brixmor Property Group compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts gauge the dynamics of price targets, providing estimates for the future value of Brixmor Property Group's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Brixmor Property Group's market standing. Stay informed and make well-considered decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/BRX/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Brixmor Property Group analyst ratings.</strong></a></p>
<h2>Delving into Brixmor Property Group's Background</h2>
<p>Brixmor Property Group Inc is a real estate investment trust based in the United States. The company owns and operates a portfolio of grocery-anchored community and neighborhood shopping centers across the United States. It leases its rentable areas to retailers, restaurants, theatres, entertainment venues, and fitness centers, with the company's tenants consisting of large department stores, discount retailers, and grocery stores. The company is an internally managed REIT. The company operates in Florida, Texas, California, New York, Pennsylvania, Illinois, New Jersey, Georgia, North Carolina, Michigan, Ohio and other states.</p>
<h3>Financial Milestones: Brixmor Property Group's Journey</h3>
<p><strong>Market Capitalization:</strong> With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.</p>
<p><strong>Revenue Growth:</strong> Brixmor Property Group displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately <strong>4.35%</strong>. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Real Estate sector.</p>
<p><strong>Net Margin:</strong> Brixmor Property Group's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of <strong>30.15%,</strong> the company showcases strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Brixmor Property Group's ROE excels beyond industry benchmarks, reaching <strong>3.37%</strong>. This signifies robust financial management and efficient use of shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Brixmor Property Group's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>1.11%</strong> ROA, the company effectively utilizes its assets for optimal returns.</p>
<p><strong>Debt Management:</strong> Brixmor Property Group's debt-to-equity ratio is below the industry average at <strong>1.85</strong>, reflecting a lower dependency on debt financing and a more conservative financial approach.</p>
<h2>The Basics of Analyst Ratings</h2>
<p>Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.</p>
<p>Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.</p>
<p><strong>Which Stocks Are Analysts Recommending Now?</strong></p>
<p>Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights"><strong>Click here to stay ahead of the market</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Analyst Ratings

Assessing Brixmor Property Group: Insights From 9 Financial Analysts

<p>Truist Securities  analyst Ki Bin Kim   maintains Brixmor Property Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRX#NYSE">BRX</a>) with a Buy and raises the price target from $28 to $31.</p>


News

Price Target

Truist Securities Maintains Buy on Brixmor Property Group, Raises Price Target to $31

<p>Keybanc  analyst Todd Thomas   maintains Brixmor Property Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRX#NYSE">BRX</a>) with a Overweight and raises the price target from $28 to $32.</p>


Keybanc Maintains Overweight on Brixmor Property Group, Raises Price Target to $32

<p>Across the recent three months, 10 analysts have shared their insights on Brixmor Property Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRX#NYSE">BRX</a>), expressing a variety of opinions spanning from bullish to bearish.</p>
<p>In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>The 12-month price targets, analyzed by analysts, offer insights with an average target of $28.15, a high estimate of $30.00, and a low estimate of $27.00. Witnessing a positive shift, the current average has risen by 10.18% from the previous average price target of $25.55.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1730235645_0.png" alt="price target chart" /></p>
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
<p>The standing of Brixmor Property Group among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Simon Yarmak</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$27.50</td>
<td>$25.50</td>
</tr>
<tr>
<td>Samir Khanal</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$28.00</td>
<td>$27.00</td>
</tr>
<tr>
<td>Floris Van Dijkum</td>
<td>Compass Point</td>
<td>Raises</td>
<td>Buy</td>
<td>$30.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>Samir Khanal</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$27.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Dori Kesten</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$28.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Greg McGinniss</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Outperform</td>
<td>$29.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Haendel St. Juste</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Neutral</td>
<td>$27.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Ki Bin Kim</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$28.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Todd Thomas</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$28.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Caitlin Burrows</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$29.00</td>
<td>$26.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Brixmor Property Group. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Brixmor Property Group compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts explore the dynamics of price targets, providing estimates for the future value of Brixmor Property Group's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
<p>Capture valuable insights into Brixmor Property Group's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/BRX/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Brixmor Property Group analyst ratings.</strong></a></p>
<h2>Discovering Brixmor Property Group: A Closer Look</h2>
<p>Brixmor Property Group Inc is a real estate investment trust based in the United States. The company owns and operates a portfolio of grocery-anchored community and neighborhood shopping centers across the United States. It leases its rentable areas to retailers, restaurants, theatres, entertainment venues, and fitness centers, with the company's tenants consisting of large department stores, discount retailers, and grocery stores. The company is an internally managed REIT. The company operates in Florida, Texas, California, New York, Pennsylvania, Illinois, New Jersey, Georgia, North Carolina, Michigan, Ohio and other states.</p>
<h3>Brixmor Property Group's Financial Performance</h3>
<p><strong>Market Capitalization Analysis:</strong> The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.</p>
<p><strong>Revenue Growth:</strong> Brixmor Property Group's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of <strong>1.9%</strong>. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Real Estate sector.</p>
<p><strong>Net Margin:</strong> Brixmor Property Group's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of <strong>22.16%,</strong> the company may face hurdles in effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of <strong>2.45%,</strong> the company may need to address challenges in generating satisfactory returns for shareholders.</p>
<p><strong>Return on Assets (ROA):</strong> Brixmor Property Group's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of <strong>0.81%,</strong> the company may face hurdles in achieving optimal financial performance.</p>
<p><strong>Debt Management:</strong> The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at <strong>1.88</strong>.</p>
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
<p>Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.</p>
<p>Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.</p>
<p><strong>Which Stocks Are Analysts Recommending Now?</strong></p>
<p>Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights"><strong>Click here to stay ahead of the market</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


A Closer Look at 10 Analyst Recommendations For Brixmor Property Group

<p>Stifel  analyst Simon Yarmak   maintains Brixmor Property Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRX#NYSE">BRX</a>) with a Hold and raises the price target from $25.5 to $27.5.</p>


Stifel Maintains Hold on Brixmor Property Group, Raises Price Target to $27.5

<p>Brixmor Property Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRX#NYSE">BRX</a>) raises FY2024 FFO guidance from $2.11-2.14 to $2.13-2.15 vs $2.13 analyst estimate..</p>


Guidance

Brixmor Property Group Raises FY2024 FFO Guidance from $2.11-2.14 to $2.13-2.15 vs $2.13 Est

<p>Brixmor Property Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRX#NYSE">BRX</a>) reported quarterly earnings of $0.52 per share which met the analyst consensus estimate. This is a 4 percent increase over earnings of $0.50 per share from the same period last year.  The company reported quarterly sales of $320.682 million which beat the analyst consensus estimate of $320.113 million by 0.18 percent.  This is a 4.35 percent increase over sales of $307.314 million the same period last year.</p>


Earnings

Earnings Beats

Brixmor Property Group Q3 2024 FFO $0.52, Inline, Sales $320.682M Beat $320.113M Estimate

<p>Brixmor Property Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRX#NYSE">BRX</a>) will release its quarterly earnings report on Monday, 2024-10-28. Here's a brief overview for investors ahead of the announcement.</p>
<p>Analysts anticipate Brixmor Property Group to report an <strong>earnings per share</strong> (EPS) of $0.53.</p>
<p>The announcement from Brixmor Property Group is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.</p>
<p>It's worth noting for new investors that guidance can be a key determinant of stock price movements.</p>
<h3>Earnings History Snapshot</h3>
<p>During the last quarter, the company reported an EPS beat by $0.02, leading to a 6.72% increase in the share price on the subsequent day.</p>
<p>Here's a look at Brixmor Property Group's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.52</td>
<td>0.51</td>
<td></td>
<td></td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.54</td>
<td>0.54</td>
<td>0.51</td>
<td>0.5</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>7.000000000000001%</td>
<td>-0.0%</td>
<td>0.0%</td>
<td>3.0%</td>
</tr>
</tbody>
</table>
</p>
<h3>Stock Performance</h3>
<p>Shares of Brixmor Property Group were trading at $27.88 as of October 24. Over the last 52-week period, shares are up 37.1%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. </p>
<h3>Insights Shared by Analysts on Brixmor Property Group</h3>
<p>For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Brixmor Property Group.</p>
<p>A total of 13 analyst ratings have been received for Brixmor Property Group, with the consensus rating being Neutral. The average one-year price target stands at $28.35, suggesting a potential 1.69% upside.</p>
<h3>Comparing Ratings Among Industry Peers</h3>
<p>In this analysis, we delve into the analyst ratings and average 1-year price targets of NNN REIT, Agree Realty and Federal Realty Investment, three key industry players, offering insights into their relative performance expectations and market positioning.</p>
<ul>
<li>As per analysts' assessments, NNN REIT is favoring an Neutral trajectory, with an average 1-year price target of $48.4, suggesting a potential 73.6% upside.</li>
<li>As per analysts' assessments, Agree Realty is favoring an Outperform trajectory, with an average 1-year price target of $77.89, suggesting a potential 179.38% upside.</li>
<li>Analysts currently favor an Outperform trajectory for Federal Realty Investment, with an average 1-year price target of $123.5, suggesting a potential 342.97% upside.</li>
</ul>
<h3>Peers Comparative Analysis Summary</h3>
<p>The peer analysis summary provides a snapshot of key metrics for NNN REIT, Agree Realty and Federal Realty Investment, illuminating their respective standings within the industry. These metrics offer valuable insights into their market positions and comparative performance.</p>
<p>
<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brixmor Property Group</td>
<td>Neutral</td>
<td>1.90%</td>
<td>$242.42M</td>
<td>2.45%</td>
</tr>
<tr>
<td>NNN REIT</td>
<td>Neutral</td>
<td>6.99%</td>
<td>$210.06M</td>
<td>2.54%</td>
</tr>
<tr>
<td>Agree Realty</td>
<td>Outperform</td>
<td>12.81%</td>
<td>$135.96M</td>
<td>0.84%</td>
</tr>
<tr>
<td>Federal Realty Investment</td>
<td>Outperform</td>
<td>5.48%</td>
<td>$201.87M</td>
<td>3.93%</td>
</tr>
</tbody>
</table>
</p>
<p>Key Takeaway:</p>
<p>Brixmor Property Group ranks in the middle among peers for Consensus rating. It is at the bottom for Revenue Growth and Gross Profit, but at the top for Return on Equity.</p>
<h3>Get to Know Brixmor Property Group Better</h3>
<p>Brixmor Property Group Inc is a real estate investment trust based in the United States. The company owns and operates a portfolio of grocery-anchored community and neighborhood shopping centers across the United States. It leases its rentable areas to retailers, restaurants, theatres, entertainment venues, and fitness centers, with the company's tenants consisting of large department stores, discount retailers, and grocery stores. The company is an internally managed REIT. The company operates in Florida, Texas, California, New York, Pennsylvania, Illinois, New Jersey, Georgia, North Carolina, Michigan, Ohio and other states.</p>
<h3>Brixmor Property Group's Economic Impact: An Analysis</h3>
<p><strong>Market Capitalization Analysis:</strong> The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.</p>
<p><strong>Revenue Growth:</strong> Brixmor Property Group's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of <strong>1.9%</strong>. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Real Estate sector.</p>
<p><strong>Net Margin:</strong> The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of <strong>22.16%,</strong> the company may need to address challenges in effective cost control.</p>
<p><strong>Return on Equity (ROE):</strong> Brixmor Property Group's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of <strong>2.45%,</strong> the company may face hurdles in achieving optimal financial returns.</p>
<p><strong>Return on Assets (ROA):</strong> Brixmor Property Group's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of <strong>0.81%,</strong> the company may face hurdles in generating optimal returns from its assets.</p>
<p><strong>Debt Management:</strong> With a below-average debt-to-equity ratio of <strong>1.88</strong>, Brixmor Property Group adopts a prudent financial strategy, indicating a balanced approach to debt management.</p>
<p><a href="https://www.benzinga.com/quote/BRX/earnings"><strong>To track all earnings releases for Brixmor Property Group visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Examining the Future: Brixmor Property Group's Earnings Outlook

<p>Shares of <strong>Simon Property Group</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spg#NYSE">SPG</a>) have soared 17.4%% in the year-to-date period compared with its industry&#39;s growth of 7.8%.</p>
<p>This retail real estate investment trust&#39;s (REITs) portfolio of premium retail assets in the United States and abroad, the adoption of omnichannel retailing, focus on mixed-use developments and healthy balance sheet strength have enabled it to ride the growth curve so far.</p>
<p><img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/eb/80816.jpg?v=139820625" /></p>
<p>Image Source: Zacks Investment Research</p>
<p>Let us now decipher the factors behind the increase in the stock price and check whether the trend will last.</p>
<p>Simon Property enjoys a wide exposure to retail assets across the United States. Moreover, the company&#39;s international presence fosters sustainable long-term growth as compared with its domestically-focused peers. Its ownership stake in Kl&eacute;pierre facilitates the expansion of its global footprint, which gives it access to premium retail assets in the high barrier-to-entry markets of Europe. We believe that diversification, with respect to both product and geography, will help it grow over the long term.</p>
<p>In the first half of 2024, it signed 572 new leases and 1,251 renewal leases (excluding mall anchors and majors, new development, redevelopment and leases with terms of one year or less) with a fixed minimum rent across its U.S. Malls and Premium Outlets portfolio.</p>
<p>Given the favorable retail real estate environment, this leasing momentum is expected to continue in the upcoming quarters. As of June 30, 2024, the ending occupancy for the U.S. Malls and Premium Outlets portfolio came in at 95.6%, up 90 basis points from 94.7% as of June 30, 2023. We project the 2024 year-end occupancy for this portfolio to be 95.7%.</p>
<p>Simon Property&#39;s adoption of an omni-channel strategy and successful tie-ups with premium retailers have paid off well. Its online retail platform, coupled with an omnichannel strategy, is likely to be accretive to its long-term growth. The company is also focused on tapping its growth opportunities by assisting digital brands enhance their brick-and-mortar presence.</p>
<p>Also, its efforts to explore the mixed-use development option, which has gained immense popularity in recent years, has enabled it to tap the growth opportunities in areas where people prefer to live, work and play.</p>
<h2>SPG&#39;s Balance Sheet &amp; ROE</h2>
<p>The retail REIT maintains a healthy balance sheet position and has $11.2 billion of liquidity as of the end of the second quarter of 2024. As of June 30, 2024, Simon Property&#39;s total secured debt to total assets was 17%, while the fixed-charge coverage ratio was 4.3, ahead of the required level.</p>
<p>SPG also enjoys a corporate investment-grade credit rating of A- from Standard and Poor&#39;s and a senior unsecured rating of A3 from Moody&#39;s, rendering it favorable access to the debt market. The company&#39;s solid financial footing with ample financial flexibility is likely to support its growth endeavors going forward.</p>
<p>In addition, SPG&#39;s trailing 12-month return on equity is 78.14% compared with the industry&#39;s average of 6.28%. This reflects that the company is more efficient in using shareholders&#39; funds than its peers.</p>
<h2>SPG&#39;s Dividend Payments</h2>
<p>Solid dividend payouts are a massive enticement for REIT investors, and SPG has remained committed to boosting shareholder wealth. Encouragingly, the company has raised its dividend payout 11 times in the last five years, with the latest hike being announced in August 2024, concurrent with the second-quarter 2024 earnings release.</p>
<p>Given SPG&#39;s solid operating platform, opportunities for growth, and decent financial position compared with the industry, we expect the dividend rate to be sustainable in the upcoming period.</p>
<h2>Risks Likely to Affect SPG&#39;s Positive Trend</h2>
<p>rowing e-commerce adoption is likely to adversely impact the market share for brick-and-mortar stores and affect retail REITs including Simon Property. Limited consumers&#39; willingness to spend amid macroeconomic uncertainty poses key near-term concerns for the company.</p>
<h2>Stocks to Consider</h2>
<p>Some better-ranked stocks from the retail REIT sector are <strong>Brixmor Property Group</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/brx#NYSE">BRX</a>) and <strong>Tanger, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/skt#NYSE">SKT</a>), each carrying a Zacks Rank #2 (Buy) at present.</p>
<p>The Zacks Consensus Estimate for Brixmor&#39;s 2024 FFO per share is pinned at $2.13, suggesting year-over-year growth of 4.4%.</p>
<p>The Zacks Consensus Estimate for Tanger&#39;s 2024 FFO per share stands at $2.09, indicating an increase of 6.6% from the year-ago reported figure.</p>
<p>Note: <em>Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs.</em></p>
<p><a href="https://www.zacks.com/stock/news/2347757/simon-property-soars-17-4-year-to-date-will-the-trend-last?cid=CS-BENZ-FT-analyst_blog|price_surge_/_plunge-2347757">To read this article on Zacks.com click here.</a></p>


Equities

Large Cap

Macro Economic Events

Mid Cap

REIT

Dividends

Economics

Markets

Trading Ideas

Real Estate

Simon Property Soars 17.4% Year to Date: Will the Trend Last?

<p>Shares of <strong>Kimco Realty</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kim#NYSE">KIM</a>) have soared 25.9% in the past three months compared with its industry&#39;s rally of 17.2%.</p>
<p>This Jericho, NY-based retail real estate investment trust (REIT) is well-poised to benefit from its portfolio of premium shopping centers, which are predominantly grocery-anchored, in the drivable first-ring suburbs within key major metropolitan Sunbelt and coastal markets. Its focus on developing mixed-use assets and a healthy balance sheet position bode well for long-term growth.</p>
<p>Analysts seem bullish on this Zacks Rank #3 (Hold) company. The Zacks Consensus Estimate for its 2024 FFO per share grew nearly 1% over the past month to $1.62.</p>
<p><img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/56/79021.jpg?v=1951636324" /></p>
<p>Image Source: Zacks Investment Research</p>
<p>Let&#39;s find out the factors behind the surge in the stock price.</p>
<p>Kimco&#39;s properties are located in the drivable first-ring suburbs within key major metropolitan Sunbelt and coastal markets. Particularly, 82% of the annual base rent (&quot;ABR&quot;) comes from its top major metro markets. Given the strategic location of its properties, it is likely to witness healthy demand in the near term, boosting leasing activity.</p>
<p>Kimco enjoys a diverse tenant base, led by a healthy mix of essential, necessity-based tenants and omni-channel retailers. National/regional tenants accounted for 81% of Kimco&#39;s pro rata ABR as of the end of the second quarter of 2024. Given the strength of its retailers with a developed omnichannel presence, the company is likely to be able to generate stable cash flows.</p>
<p>During uncertain times, the grocery component saved the grace of the retail REITs. As of June 30, 2024, RPT&#39;s acquisition has boosted its ABR from grocery-anchored centers to 83% from 81% in 2022. KIM has set a target to reach 85% of its ABR from this segment.</p>
<p>In the second quarter of 2024, Kimco witnessed 54 consecutive quarters of positive leasing spreads, indicating solid pricing power across its high-quality portfolio. Also, retention rates for the grocery portfolio remain higher compared with the non-grocery portfolio. Given the necessity-driven nature of Kimco&#39;s grocery-anchored portfolio, it is likely to continue witnessing healthy leasing activity in the upcoming period and remains well-positioned to tide over challenging times.</p>
<p>Apart from having a focus on grocery and home-improvement tenants, the company emphasizes mixed-use assets clustered in strong economic metropolitan statistical areas. The mixed-use assets category is benefiting from the recovery in both the apartment and retail sectors.</p>
<h2>KIM&#39;s Strategic Acquisition &amp; Redevelopment Projects</h2>
<p>Kimco has been following an opportunistic investment policy to enhance its overall portfolio quality. This includes divesting its joint venture assets and using the proceeds to fund acquisitions and development and redevelopment projects. In the first half of 2024, the company disposed of 11 operating properties and seven land parcels in separate transactions for an aggregate sales price of $254.1 million.</p>
<p>The acquisition of RPT in January 2024 has benefited the company by increasing scale in high-growth target markets and preserving balance sheet strength. The company remains confident in achieving its 2024 acquisitions range of $300 million to $350 million, which is inclusive of structured investments.</p>
<p>It is actively pursuing redevelopment opportunities within its operating portfolio. The company projects its capital commitment toward these redevelopment projects and re-tenanting efforts for the remainder of 2024 will be within $225-$275 million.</p>
<h2>KIM&#39;s Solid Balance Sheet Position</h2>
<p>Moreover, Kimco maintains a solid balance sheet position. It exited the second quarter of 2024 with $1.9 billion of immediate liquidity. Its consolidated weighted average debt maturity profile is 8.7 years. It also enjoys investment-grade ratings of BBB+ from S&amp;P and Baa1 from Moody&#39;s, rendering it favorable access to the debt market. With a healthy financial footing, KIM is well-positioned to capitalize on long-term growth opportunities.</p>
<h2>Risks Likely to Affect KIM&#39;s Positive Trend</h2>
<p>A rise in e-commerce adoption and efforts of online retailers to go deeper into the grocery business are concerns. Kimco faces competition from several real estate companies and developers who compete with the company for leasing space in shopping centers for tenants. This may affect Kimco&#39;s ability to raise rental rates, including renewal rates and fill up vacancies.</p>
<h2>Stocks to Consider</h2>
<p>Some better-ranked stocks from the retail REIT sector are <strong>Tanger Inc. </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/skt#NYSE">SKT</a>) and <strong>Brixmor Property Group</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/brx#NYSE">BRX</a>), each currently carrying a Zacks Rank #2 (Buy) at present.</p>
<p>The Zacks Consensus Estimate for SKT&#39;s 2024 FFO per share stands at $2.09, indicating an increase of 6.6% from the year-ago reported figure.</p>
<p>The Zacks Consensus Estimate for BRX&#39;s 2024 FFO per share is pinned at $2.13, suggesting year-over-year growth of 4.4%.</p>
<p>Note: <em>Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs.</em></p>
<p><a href="https://www.zacks.com/stock/news/2340754/kimco-realty-stock-rises-25-9-in-three-months-here-s-how?cid=CS-BENZ-FT-analyst_blog|price_surge_/_plunge-2340754">To read this article on Zacks.com click here.</a></p>


Kimco Realty Stock Rises 25.9% in Three Months: Here's How

<p>Evercore ISI Group  analyst Samir Khanal   maintains Brixmor Property Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRX#NYSE">BRX</a>) with a In-Line and raises the price target from $27 to $28.</p>


Evercore ISI Group Maintains In-Line on Brixmor Property Group, Raises Price Target to $28

<p>In the last three months, 12 analysts have published ratings on Brixmor Property Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRX#NYSE">BRX</a>), offering a diverse range of perspectives from bullish to bearish.</p>
<p>The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Insights from analysts' 12-month price targets are revealed, presenting an average target of $28.38, a high estimate of $33.00, and a low estimate of $25.50. Observing a 10.21% increase, the current average has risen from the previous average price target of $25.75. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1725984069_0.png" alt="price target chart" /></p>
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
<p>The perception of Brixmor Property Group by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Floris Van Dijkum</td>
<td>Compass Point</td>
<td>Raises</td>
<td>Buy</td>
<td>$30.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>Samir Khanal</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$27.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Dori Kesten</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$28.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Greg McGinniss</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Outperform</td>
<td>$29.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Haendel St. Juste</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Neutral</td>
<td>$27.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Ki Bin Kim</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$28.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Todd Thomas</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$28.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Caitlin Burrows</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$29.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Michael Mueller</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$28.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Alexander Goldfarb</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$33.00</td>
<td>$30.00</td>
</tr>
<tr>
<td>Floris Van Dijkum</td>
<td>Compass Point</td>
<td>Raises</td>
<td>Buy</td>
<td>$28.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Simon Yarmak</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$25.50</td>
<td>$24.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Brixmor Property Group. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Brixmor Property Group compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts gauge the dynamics of price targets, providing estimates for the future value of Brixmor Property Group's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Brixmor Property Group's market position. Stay informed and make well-informed decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/BRX/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Brixmor Property Group analyst ratings.</strong></a></p>
<h2>All You Need to Know About Brixmor Property Group</h2>
<p>Brixmor Property Group Inc is a real estate investment trust based in the United States. The company owns and operates a portfolio of grocery-anchored community and neighborhood shopping centers across the United States. It leases its rentable areas to retailers, restaurants, theatres, entertainment venues, and fitness centers, with the company's tenants consisting of large department stores, discount retailers, and grocery stores. The company is an internally managed REIT. The company operates in Florida, Texas, California, New York, Pennsylvania, Illinois, New Jersey, Georgia, North Carolina, Michigan, Ohio and other states.</p>
<h3>Brixmor Property Group: A Financial Overview</h3>
<p><strong>Market Capitalization:</strong> With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.</p>
<p><strong>Positive Revenue Trend:</strong> Examining Brixmor Property Group's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of <strong>1.9%</strong> as of 30 June, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Real Estate sector.</p>
<p><strong>Net Margin:</strong> Brixmor Property Group's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of <strong>22.16%,</strong> the company may face hurdles in effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Brixmor Property Group's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of <strong>2.45%,</strong> the company may face hurdles in achieving optimal financial returns.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of <strong>0.81%,</strong> the company may need to address challenges in generating satisfactory returns from its assets.</p>
<p><strong>Debt Management:</strong> Brixmor Property Group's debt-to-equity ratio is below the industry average at <strong>1.88</strong>, reflecting a lower dependency on debt financing and a more conservative financial approach.</p>
<h2>Analyst Ratings: What Are They?</h2>
<p>Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.</p>
<p>Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Navigating 12 Analyst Ratings For Brixmor Property Group

<p>Compass Point  analyst Floris Van Dijkum   maintains Brixmor Property Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRX#NYSE">BRX</a>) with a Buy and raises the price target from $28 to $30.</p>


Compass Point Maintains Buy on Brixmor Property Group, Raises Price Target to $30

<p>In a recent update, <strong>SITE Centers Corp. </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sitc#NYSE">SITC</a>) has announced that from the beginning of the third quarter of 2024 through Aug. 29, 2024, it has sold 11 wholly-owned shopping centers for $552.7 million. This retail REIT also purchased four convenience properties for a gross price of $88 million. This included Crocker Commons in Cleveland, OH; Maple Corner in Nashville, TN; Village Plaza in Houston, TX; and Brookhaven Station in Atlanta, GA.</p>
<p>As previously announced, the company has successfully closed and funded a mortgage facility amounting to $530 million, which is secured by 23 properties. Additionally, it has repaid its unsecured term loan of $200 million, terminated its revolving credit facility of $950 million and executed a one-for-four reverse stock split of its common shares. Moreover, in August, the company redeemed all of its outstanding senior unsecured notes, resulting in no remaining unsecured debt.</p>
<p>SITE Centers has been following an aggressive capital-recycling program through which it is divesting slow-growth assets and redeploying the proceeds for the acquisitions of premium U.S. shopping centers. These centers offer strong opportunities for rent growth and redevelopment activities.</p>
<h2>The Initiative Strengthens SITC&#39;s Balance Sheet Position</h2>
<p>Such match-funding initiatives relieve pressure off the company&#39;s balance sheet while paving the way for top-line and cash-flow growth and adding value to the portfolio in the long term.</p>
<p>This retail REIT has a healthy balance sheet position with ample liquidity. As of June 30, 2024, it had $2.1 billion of liquidity and an average pro-rata net debt to adjusted EBITDA of 3.4X and fixed charge coverage was 3.9X.</p>
<p>It also enjoys investment-grade credit ratings of BBB-/Baa3/BBB from S&amp;P/ Moody&#39;s/ Fitch, respectively, which render it favorable access to the debt market. With strong financial footing and enough financial flexibility, it is well-placed to capitalize on long-term growth opportunities.</p>
<p>However, given the conveniences of online shopping, growing e-commerce adoption is concerning for SITE Centers. Potential tenant bankruptcies in the near term could affect its profitability and hurt occupancy. A high interest rate environment remain concern.</p>
<p>In the past six months, shares of this Zacks Rank #3 (Hold) company have gained 8.4%, outperforming the industry&#39;s growth of 4.7%.</p>
<p><img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/3a/76277.jpg?v=2001993691" /></p>
<p>Image Source: Zacks Investment Research</p>
<h2>Stocks to Consider</h2>
<p>Some better-ranked stocks from the retail REIT sector are <strong>Brixmor Property Group</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/brx#NYSE">BRX</a>) and <strong>Tanger, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/skt#NYSE">SKT</a>), each carrying a Zacks Rank #2 (Buy) at present.</p>
<p>The Zacks Consensus Estimate for Brixmor Properties&#39; 2024 FFO per share has moved marginally northward over the past month to $2.13.</p>
<p>The Zacks Consensus Estimate for Tanger&#39;s ongoing year&#39;s FFO per share has been raised 1.5% upward over the past month to $2.09.</p>
<p>Note: <em>Anything related to earnings presented in this write-up represent funds from operations (FFO), a widely used metric to gauge the performance of REITs.</em></p>
<p><a href="https://www.zacks.com/stock/news/2330535/site-centers-disposes-of-11-shopping-centers-and-acquires-4?cid=CS-BENZ-FT-analyst_blog|company_news_finance_sector-2330535">To read this article on Zacks.com click here.</a></p>


Retail Sales

SITC

SITE Centers Disposes of 11 Shopping Centers and Acquires 4

<p>Evercore ISI Group  analyst Samir Khanal   maintains Brixmor Property Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRX#NYSE">BRX</a>) with a In-Line and raises the price target from $26 to $27.</p>


Evercore ISI Group Maintains In-Line on Brixmor Property Group, Raises Price Target to $27

<p>Wells Fargo  analyst Dori Kesten   maintains Brixmor Property Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRX#NYSE">BRX</a>) with a Equal-Weight and raises the price target from $24 to $28.</p>


Wells Fargo Maintains Equal-Weight on Brixmor Property Group, Raises Price Target to $28

<p><strong>Regency Centers Corporation</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/reg#NASDAQ">REG</a>) is one of the leading retail real estate investment trusts (REIT) in the United States. The company&#39;s portfolio mainly consists of grocery-anchored community and neighborhood centers ensuring dependable traffic.</p>
<p>Last month, Regency Centers&nbsp;reported second-quarter 2024 NAREIT funds from operations (FFO) per share of $1.06, which outpaced the Zacks Consensus Estimate of $1.02. Results reflected healthy leasing activity and a year-over-year improvement in the base rent. The company also raised its 2024 outlook.</p>
<p>Analysts seem bullish about this Zacks Rank #2 (Buy) company, with the Zacks Consensus Estimate for its 2024 FFO per share being raised marginally over the past month to $4.22.</p>
<p>Over the past six months, shares of this retail REIT have risen 18% compared with the&nbsp;industry&#39;s 10.5% growth.</p>
<p><img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/6f/75448.jpg?v=82621878" /></p>
<p>Image Source: Zacks Investment Research</p>
<h2><strong>Factors That Make Regency Centers a Solid Pick</strong></h2>
<p><strong><em>Healthy Leasing Activity and Improving Base Rent:</em></strong>&nbsp;Regency Centers&#39; premium shopping centers are situated in affluent suburban areas and near the urban trade areas where consumers have high spending power, enabling it to attract top grocers and retailers. The company&#39;s focus on necessity, service, convenience and value retailers serving the essential needs of the communities provides it with a strategic advantage.</p>
<p>Notably, anchor tenants (tenants renting spaces greater than or equal to 10,000 square feet) comprised 42.5% (based on pro-rata ABR) of its portfolio as of Jun 30, 2024. Regency Centers executed around 2.2 million square feet of comparable new and renewal leases in the second quarter.</p>
<p>Also, Regency Centers&#39; embedded rent escalators have been a key driving factor behind its rent growth. In the second quarter, same-property base rents contributed 2.9% to same-property net operating income (NOI) growth.</p>
<p><strong><em>Solid Tenant Base:</em></strong>&nbsp;In uncertain times, the grocery component has benefited retail REITs, and Regency Centers&#39; has numerous industry-leading grocers such as Publix, Kroger, Albertsons Companies, TJX Companies, and Amazon/Whole Foods as tenants. It has a high-quality open-air shopping center portfolio, with more than 80% grocery-anchored neighborhood and community centers. Six of its top 10 tenants are high-performing grocers.</p>
<p><strong><em>Expansion Efforts:</em></strong>&nbsp;To enhance its portfolio, REG has been undertaking acquisitions and developmental activities. Given its prudent financial management, it is well-poised to capitalize on growth opportunities.</p>
<p>In May 2024, it acquired the Compo Shopping Centers in the heart of Westport, CT. The acquisition of this 76,000-square-foot retail destination is part of the company&#39;s efforts to expand in the Northeast.</p>
<p>In the second quarter, REG started approximately $40 million of new development and redevelopment projects, bringing total project starts to $120 million since the beginning of the year through Aug 1, 2024. As of Jun 30, 2024, Regency Centers&#39; in-process development and redevelopment projects had estimated net project costs of $578 million.</p>
<p><strong><em>Balance Sheet Strength:</em></strong>&nbsp; Regency Centers enjoys financial flexibility and focuses on further strengthening its balance sheet position. This retail REIT had nearly $1.2 billion of capacity under its revolving credit facility and approximately $79.2 million of cash and equivalents as of Jun 30, 2024. As of the same date, its pro-rata net debt and preferred stock-to-operating EBITDAre ratio was 5.3x while the fixed charge coverage ratio was 4.4x. The company has a well-laddered debt maturity schedule, aiming to have less than nearly 15% of total debt maturing in any given year.</p>
<p>The company also enjoys a large pool of unencumbered assets, which provides it easy access to the secured and unsecured debt markets. As of Jun 30, 2024, 88.1% of its wholly owned real estate assets were unencumbered.</p>
<p><strong><em>Steady Dividend Pay-outs: </em></strong>Solid dividend payouts are the biggest attraction for REIT investors and Regency Centers is committed to boosting shareholder wealth. In the last five years, the company has raised its dividend four times and its dividend witnessed a CAGR of 3.24%. Therefore, given its solid operating platform, the scope for growth and its decent financial position compared with the industry, this dividend rate is expected to be sustainable over the long run.</p>
<h2><strong>Other Stocks to Consider</strong></h2>
<p>Other top-ranked stocks from the retail REIT sector are&nbsp;<strong>Brixmor Property Group </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/brx#NYSE">BRX</a>) and&nbsp;<strong>Phillips Edison &amp; Company </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/peco#NASDAQ">PECO</a>), each carrying a Zacks Rank of 2 at present.</p>
<p>The Zacks Consensus Estimate for Brixmor Property Group&#39;s 2024 FFO per share has moved marginally northward over the past month to $2.13.</p>
<p>The Zacks Consensus Estimate for Phillips Edison &amp; Company&#39;s 2024 FFO per share has increased marginally over the past month to $2.42.</p>
<p>Note:<em>&nbsp;Anything related to earnings presented in this write-up represents FFO, a widely used metric to gauge the performance of REITs.</em></p>
<p><a href="https://www.zacks.com/stock/news/2327295/here-s-why-should-you-add-regency-centers-reg-to-your-portfolio?cid=CS-BENZ-FT-analyst_blog|rank_focused-2327295">To read this article on Zacks.com click here.</a></p>


PECO

Here's Why Should You Add Regency Centers to Your Portfolio

<p>Scotiabank  analyst Greg McGinniss   maintains Brixmor Property Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRX#NYSE">BRX</a>) with a Sector Outperform and raises the price target from $25 to $29.</p>


Scotiabank Maintains Sector Outperform on Brixmor Property Group, Raises Price Target to $29

<p>Mizuho  analyst Haendel St. Juste   maintains Brixmor Property Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRX#NYSE">BRX</a>) with a Neutral and raises the price target from $23 to $27.</p>


Mizuho Maintains Neutral on Brixmor Property Group, Raises Price Target to $27

<p>Across the recent three months, 9 analysts have shared their insights on Brixmor Property Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRX#NYSE">BRX</a>), expressing a variety of opinions spanning from bullish to bearish.</p>
<p>The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $27.39, a high estimate of $33.00, and a low estimate of $23.00. Observing a 6.25% increase, the current average has risen from the previous average price target of $25.78. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1723809628_0.png" alt="price target chart" /></p>
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
<p>The perception of Brixmor Property Group by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Ki Bin Kim</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$28.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Todd Thomas</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$28.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Caitlin Burrows</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$29.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Michael Mueller</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$28.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Alexander Goldfarb</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$33.00</td>
<td>$30.00</td>
</tr>
<tr>
<td>Floris Van Dijkum</td>
<td>Compass Point</td>
<td>Raises</td>
<td>Buy</td>
<td>$28.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Simon Yarmak</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$25.50</td>
<td>$24.00</td>
</tr>
<tr>
<td>Dori Kesten</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$24.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Haendel St. Juste</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$23.00</td>
<td>$24.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Brixmor Property Group. This offers insight into analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Brixmor Property Group compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
<p>Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Brixmor Property Group's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/BRX/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Brixmor Property Group analyst ratings.</strong></a></p>
<h2>Unveiling the Story Behind Brixmor Property Group</h2>
<p>Brixmor Property Group Inc is a real estate investment trust based in the United States. The company owns and operates a portfolio of grocery-anchored community and neighborhood shopping centers across the United States. It leases its rentable areas to retailers, restaurants, theatres, entertainment venues, and fitness centers, with the company's tenants consisting of large department stores, discount retailers, and grocery stores. The company is an internally managed REIT. The company operates in Florida, Texas, California, New York, Pennsylvania, Illinois, New Jersey, Georgia, North Carolina, Michigan, Ohio and other states.</p>
<h3>Brixmor Property Group: Delving into Financials</h3>
<p><strong>Market Capitalization:</strong> Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.</p>
<p><strong>Positive Revenue Trend:</strong> Examining Brixmor Property Group's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of <strong>1.9%</strong> as of 30 June, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Real Estate sector, the company faces challenges, achieving a growth rate lower than the average among peers.</p>
<p><strong>Net Margin:</strong> Brixmor Property Group's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of <strong>22.16%,</strong> the company may face hurdles in effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Brixmor Property Group's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of <strong>2.45%,</strong> the company may encounter challenges in delivering satisfactory returns for shareholders.</p>
<p><strong>Return on Assets (ROA):</strong> Brixmor Property Group's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of <strong>0.81%,</strong> the company may face hurdles in achieving optimal financial performance.</p>
<p><strong>Debt Management:</strong> Brixmor Property Group's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of <strong>1.88</strong>.</p>
<h2>The Basics of Analyst Ratings</h2>
<p>Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.</p>
<p>In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Deep Dive Into Brixmor Property Group Stock: Analyst Perspectives (9 Ratings)

Investment ideas within dividends, REITs, income, and more

Pivotal Decisions

Brixmor Property Group: Weighing The Impact Of Non-Essential Retail And Tenant Quality

It Is SNOing In November For REITs

In a report released today, Todd Thomas from KeyBanc maintained a Buy rating on Brixmor Property (BRX – Research Report), with a price target of $3...

Brixmor Property (BRX) Receives a Buy from KeyBanc

Wells Fargo analyst Dori Kesten maintained a Hold rating on Brixmor Property (BRX – Research Report) today. The company's shares closed last Friday...

Wells Fargo Remains a Hold on Brixmor Property (BRX)

JPMorgan's 'Analyst Focus List' – growth, income, value, short ideas

BlackRock Advantage SMID Cap Fund Q3 2024 Commentary

Scotiabank raised the firm's price target on Brixmor (BRX) to $32 from $29 and keeps an Outperform rating on the shares. Following a strong Q3 stoc...

Brixmor price target raised to $32 from $29 at Scotiabank

JPMorgan updates its U.S. Analyst Focus List – Adds TPR, ALRM, REG

ABBV

ACVF

AGCO

AGNC

AGNCL

AGNCM

AGNCN

AGNCO

AGNCP

ALRM

AMZN

APLE

ARMK

ASND

AVGO

BLDG

BRBR

BRSP

BXMT

CHCT

CTRE

CUBE

CURB

CVNA

CYBR

DAWN

DELL

DEMZ

DKNG

EQIX

EWTX

EXLS

FREL

GQRE

GWRE

HAUS

HAUZ

HOMZ

IFGL

ILPT

INDS

INVH

IRET

ISRG

JBGS

KBWY

KLAC

KRUZ

KVUE

LAMR

LEGN

MAGA

MNDY

MORT

MSFT

NAIL

NANC

NETL

NREF

NTRA

NURE

NXRT

NYMT

NYMTI

NYMTL

NYMTM

NYMTN

NYMTZ

PFFR

PLDGP

PLYM

PODD

PPTY

RDOG

REET

REGCO

REGCP

RIET

RITM

ROIV

ROOF

RVMD

SBAC

SBRA

SCHH

SCHW

SEVN

SIRI

SNDX

SPGI

SRVR

STAG

STWD

SWTX

TFII

TMUS

TRGP

TRTX

TVTX

ULTA

USRT

VERA

VICI

VIOO

VRAI

WELL

WING

XENE

XLRE

YALL

Entertainment

Press Releases

General

THE CORDISH COMPANIES UNVEILS DETAILS FOR ITS LATEST LIVE! DESTINATION - LIVE! AT THE POINTE ORLANDO - OPENING THIS FALL IN ORLANDO, FLORIDA

BRIXMOR PROPERTY GROUP CHIEF EXECUTIVE OFFICER AND PRESIDENT JAMES M. TAYLOR TO RETURN FROM MEDICAL LEAVE OF ABSENCE

Offerings

BRIXMOR PROPERTY GROUP PRICES OFFERING OF SENIOR NOTES

BRIXMOR PROPERTY GROUP ANNOUNCES SECOND QUARTER 2024 EARNINGS RELEASE AND TELECONFERENCE DATES

BRIXMOR PROPERTY GROUP ISSUES ANNUAL CORPORATE RESPONSIBILITY REPORT

BRIXMOR PROPERTY GROUP REPORTS SECOND QUARTER 2024 RESULTS

Kilroy Realty Corporation Reports Second Quarter Financial Results

Brixmor Property Group To Present At BofA Securities 2024 Global Real Estate Conference

BRIXMOR PROPERTY GROUP ANNOUNCES THIRD QUARTER 2024 EARNINGS RELEASE AND TELECONFERENCE DATES

Comments

Brixmor Property Group

Brixmor Property Group (BRX) Opzioni

Brixmor Property Group (NYSE:BRX) Azioni, Catena delle Opzioni

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO