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Brixmor Property Group Inc. (BRX)
After hours:
| Previous close | 20.89 |
| Open | 21.19 |
| Bid | 20.36 x 800 |
| Ask | 21.16 x 3100 |
| Day's range | 20.59 - 21.24 |
| 52-week range | 18.11 - 24.27 |
| Volume | |
| Avg. volume | 2,090,133 |
| Market cap | 6.246B |
| Beta (5Y monthly) | 1.56 |
| PE ratio (TTM) | 17.76 |
| EPS (TTM) | 1.17 |
| Earnings date | 30 Oct 2023 |
| Forward dividend & yield | 1.04 (4.97%) |
| Ex-dividend date | 02 Oct 2023 |
| 1y target est | 25.56 |
- Yahoo Finance Video
'The hybrid work environment is a major concern,' says Marcus & Millichap CEO
Concerns about recent bank failures have led investors to watch the commercial real estate market. Small banks hold a relatively large share of commercial loans, and consecutive rate hikes by the Fed make it unlikely that those businesses will refinance given the high rate environment. Meanwhile, flexible work arrangements are also lending to declining occupancy rates among many businesses. In an interview with Yahoo Finance's Rachelle Akuffo, Marcus & Millichap CEO Hessam Nadji said, "The hybrid work environment and the reduced footprint in office buildings is a major concern." Nadji says we're currently seeing the worst of the office decline, noting that, "in the next two to five years, you're going to see much more return to the office. It won't be pre-pandemic levels. I think there is a structural and permanent reduction of office space needs." Watch our full conversation with Hessam Nadji here. Key video moments: 00:00:05 The hybrid work environment 00:00:12 Return to the office outlook
Motley Fool3 Simple Reasons Federal Realty Is a Better Dividend Investment Than Brixmor
There are things to like about Brixmor, but if you want to own the best strip-mall landlord, Federal Realty is just better positioned.
ZacksBrixmor Property (BRX) Q3 FFO Match Estimates
Brixmor (BRX) delivered FFO and revenue surprises of 0% and 1.17%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
