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Brixmor Property Group (NYSE:BRX) is a real estate investment trust that owns and operates a high-quality, national portfolio of open-air shopping centers.
It is set to report its Q1 2025 earnings on April 28. Wall Street analysts expect the company to post revenues of $330.36 million, up from $320.24 million in the year-ago period.
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The company's stock traded at approximately $26.37 per share 10 years ago. If you had invested $10,000, you could have bought roughly 379 shares. Currently, shares trade at $25.60, meaning your investment's value could have declined to $9,708 from stock price depreciation. However, Brixmor Property also paid dividends during these 10 years.
Brixmor Property's dividend yield is currently 4.49%. Over the last 10 years, it has paid about $10.01 in dividends per share, which means you could have made $3,796 from dividends alone.
Summing up $9,708 and $3,796, we end up with the final value of your investment, which is $13,504. This is how much you could have made if you had invested $10,000 in Brixmor Property stock 10 years ago. This means a total return of 35.04%. However, this figure is significantly less than the S&P 500 total return for the same period, which was 229.1%.
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Brixmor Property has a consensus rating of "Buy" and a price target of $28.11 based on the ratings of 21 analysts. The price target implies a nearly 10% potential upside from the current stock price.
On Feb. 10, the company announced its Q4 2024 earnings, posting NAREIT FFO per share of $0.53, below the consensus estimate of $0.54, while revenues of $328.44 million beat the consensus of $327.47 million, as reported by Benzinga.
“Our momentum continued in the fourth quarter, delivering strong bottom line growth and leasing productivity,” commented CEO James Taylor. “As we look forward, we are very pleased with how we are positioned to capitalize on robust tenant demand to be in our centers as we continue to drive our value add business plan and bring in better tenants at better rents.”
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The company provided its full-year 2025 guidance, expecting NAREIT FFO per diluted share of $2.19 to $2.24 and same property NOI growth of 3.50% to 4.50%
Check out this article by Benzinga for seven analysts' insights on Brixmor Property.
Given the expected upside potential, growth-focused investors may find Brixmor Property stock attractive. Furthermore, they can benefit from the company's solid dividend yield of 4.49%.
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This article If You Invested $10K In Brixmor Property Stock 10 Years Ago, How Much Would You Have Now? originally appeared on Benzinga.com
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