BRX / Brixmor Property Group Inc. (BRX) Q3 2023 Earnings Call Transcript

Brixmor Property Group Inc. (NYSE:BRX ) Q3 2023 Earnings Conference Call October 31, 2023 10:00 AM ET Company Participants Stacy Slater - Senior Vice more_horizontal

Although the revenue and EPS for Brixmor (BRX) give a sense of how its business performed in the quarter ended September 2023, it might be worth consi more_horizontal

The Zacks REIT and Equity Trust - Retail industry stocks BRX, PECO and SKT are in focus amid renewed shopper enthusiasm for in-store experiences, and more_horizontal

Brixmor (BRX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). more_horizontal

shares of Brixmor Property Group were yielding above the 5% mark based on its quarterly dividend (annualized to $1.04) more_horizontal

Grocery anchored centers are a leading retail market segment now. Brixmor's portfolio is broadly diversified, with many investment grade tenants. The more_horizontal

Retail REITs have been undervalued due to past weaknesses, but the environment has changed in favor of retail real estate. Negative net supply growth more_horizontal

Although the revenue and EPS for Brixmor (BRX) give a sense of how its business performed in the quarter ended June 2023, it might be worth considerin more_horizontal