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Updated 1m ago
BRX logo

Brixmor Property Group Inc.NYSE:BRX Stock Report

Market Cap US$8.8b
Updated 1m ago
Share Price
n/a
1Y2.4%
7D-1.4%
1D-0.2%
Portfolio Value
​
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Brixmor Property Group Inc.

NYSE:BRX Stock Report

Market Cap: US$8.8b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Brixmor Property Group (BRX) Stock Overview

Owns and operates a high-quality, national portfolio of open-air shopping centers. More details

BRX fundamental analysis
Snowflake Score
Valuation6/6
Future Growth0/6
Past Performance4/6
Financial Health1/6
Dividends5/6

Rewards

Trading at 38.4% below our estimate of its fair value

Earnings grew by 29% over the past year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 23.4%

Risk Analysis

Interest payments are not well covered by earnings

Earnings are forecast to decline by an average of 8.1% per year for the next 3 years

Large one-off items impacting financial results

Unstable dividend track record


BRX Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
18.2% undervalued intrinsic discount
AnalystConsensusTarget
•1mo ago

Moderating Construction Costs And Strong Leasing Will Support Occupancy Resilience

185
0
2

Top Analyst Narratives

BRX logo
Brixmor Property Group
18.2% undervalued intrinsic discount

Moderating Construction Costs And Strong Leasing Will Support Occupancy Resilience

View narrative
AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 31 Jul
Read Narrative
View all narratives

Brixmor Property Group Inc. Competitors

NNN REIT

Symbol: NYSE:NNN
Market cap: US$8.4b

Federal Realty Investment Trust

Symbol: NYSE:FRT
Market cap: US$10.0b

Agree Realty

Symbol: NYSE:ADC
Market cap: US$8.9b

Regency Centers

Symbol: NasdaqGS:REG
Market cap: US$13.9b

Price History & Performance

Summary of share price highs, lows and changes for Brixmor Property Group
Historical stock prices
Current Share PriceUS$28.73
52 Week HighUS$32.86
52 Week LowUS$24.66
Beta0.95
1 Month Change-4.17%
3 Month Change-9.54%
1 Year Change2.39%
3 Year Change27.75%
5 Year Change26.40%
Change since IPO40.83%

Recent News & Updates

Seeking Alpha • Aug 04

Brixmor: An Investment-Grade Retail REIT Seeing Leasing And Portfolio Growth In Q2

Summary For my initial coverage of Brixmor Property Group, I gave it a buy rating. Strengths behind the bull case include recent Q2 results showing meaningful new acquisitions, portfolio and leasing growth, and positive FFO and NOI trends. Fitch gave this REIT an investment-grade BBB rating, and its dividend seems well covered, while the portfolio includes major grocery tenants like Publix and Kroger. Key risks could be a retail downturn, recessions, and excess supply vs. demand in certain property markets. Read the full article on Seeking Alpha
User avatar
Narrative Update • Jul 31

BRX: Tight Strip Center Supply Is Expected To Support Stronger 2026 Returns

Analysts have lifted the fair value estimate for Brixmor Property Group from about $34.28 to roughly $35.11. They cited a higher blended set of Street price targets, modestly stronger revenue growth assumptions and a slightly richer future P/E multiple, partly offset by lower profit margin expectations and a marginally higher discount rate.

Recent updates

Seeking Alpha • Aug 04

Brixmor: An Investment-Grade Retail REIT Seeing Leasing And Portfolio Growth In Q2

Summary For my initial coverage of Brixmor Property Group, I gave it a buy rating. Strengths behind the bull case include recent Q2 results showing meaningful new acquisitions, portfolio and leasing growth, and positive FFO and NOI trends. Fitch gave this REIT an investment-grade BBB rating, and its dividend seems well covered, while the portfolio includes major grocery tenants like Publix and Kroger. Key risks could be a retail downturn, recessions, and excess supply vs. demand in certain property markets. Read the full article on Seeking Alpha
User avatar
Narrative Update • Jul 31

BRX: Tight Strip Center Supply Is Expected To Support Stronger 2026 Returns

Analysts have lifted the fair value estimate for Brixmor Property Group from about $34.28 to roughly $35.11. They cited a higher blended set of Street price targets, modestly stronger revenue growth assumptions and a slightly richer future P/E multiple, partly offset by lower profit margin expectations and a marginally higher discount rate.
User avatar
Narrative Update • Jul 16

BRX: Strip Centers And Portfolio Moves Are Expected To Support Balanced 2026 Returns

Analysts have raised the fair value estimate for Brixmor Property Group by about $0.72 to $34.28, citing higher Street price targets and continued confidence in retail REIT fundamentals as key supports for the updated outlook. Analyst Commentary Recent research on Brixmor Property Group points to generally constructive sentiment, with several bullish analysts lifting price targets while a few more cautious voices emphasize valuation and positioning risks.
User avatar
Narrative Update • Jun 25

BRX: Strip Centers And 2026 Outlook Are Expected To Support Balanced Returns

The analyst price target for Brixmor Property Group has been adjusted to $33.56 from $33.33 as analysts take into account recent Street target increases and maintain generally consistent assumptions for discount rate, revenue growth, profit margin, and future P/E. Analyst Commentary Recent Street research on Brixmor Property Group points to a cluster of higher price targets, with analysts broadly reassessing their views on the stock in light of sector trends in strip and retail REITs. Bullish Takeaways Bullish analysts are raising price targets on Brixmor Property Group, which signals greater confidence in the stock’s risk and reward profile within the retail REIT sector.
User avatar
Narrative Update • Jun 05

BRX: Strip Centers And 2026 Earnings Outlook Are Expected To Support Balanced Returns

Analysts have nudged their fair value estimate for Brixmor Property Group up from $32.67 to $33.33, citing higher price targets around $33 to $34, a slightly lower discount rate, steady revenue growth expectations, and updated P/E assumptions for retail REITs. Analyst Commentary Recent research points to a cluster of price targets around US$33 to US$34, which feeds directly into the higher fair value estimate. The updates reflect how analysts are weighing the current backdrop for retail REITs against Brixmor Property Group's execution and valuation.
User avatar
Narrative Update • May 12

BRX: Strip Centers And Redevelopment Pipeline Are Expected To Support Balanced 2026 Outlook

Analysts have lifted the implied fair value estimate for Brixmor Property Group from about $32.38 to roughly $32.67 per share, citing updated assumptions that include slightly higher revenue growth expectations, a modest adjustment to the discount rate, a lower profit margin input, and a higher forward P/E multiple supported by a series of recent price target increases across the Street. Analyst Commentary Recent Street research on Brixmor Property Group has been consistently focused on refining valuation targets, updating models after quarterly results, and reassessing the outlook for strip retail and shopping center REITs. Most of these views are expressed through higher price targets, updated FFO estimates, and commentary on capital allocation and sector positioning.
User avatar
Narrative Update • Apr 28

BRX: Strip Centers And Redevelopment Execution Are Expected To Support Balanced 2026 Outlook

Analysts have nudged the fair value estimate for Brixmor Property Group slightly higher to $32.38, reflecting a series of upward price target revisions that reference updated FFO models, a higher future P/E assumption, and continued interest in strip retail REITs and shopping center names heading into 2026. Analyst Commentary Recent Street research on Brixmor Property Group has centered on refreshed models following Q4 retail REIT results, higher forward FFO assumptions, and reassessments of the strip center space heading into 2026.
User avatar
Narrative Update • Apr 13

BRX: Strip Centers And Redevelopment Pipeline Are Expected To Support Balanced Outlook

Analysts have raised their average price targets for Brixmor Property Group by several dollars per share, citing sector re-rating expectations, updated FFO estimates, and what they view as supportive strip center fundamentals and redevelopment potential. Analyst Commentary Recent Street research on Brixmor highlights a cluster of price target lifts tied to updated models, strip center fundamentals, and expectations around the company’s redevelopment pipeline and earnings power.
User avatar
Narrative Update • Mar 30

BRX: Strip Center Re Rating And Redevelopment Pipeline Are Expected To Drive Upside

Narrative Update The analyst price target for Brixmor Property Group has moved modestly higher to reflect a fair value estimate of about $32.21. This is supported by analysts updating their models for slightly stronger revenue growth, an improved profit margin profile, and sector wide re-rating expectations for shopping center REITs. Analyst Commentary Recent research updates show a clear cluster of price target revisions for Brixmor Property Group, with most firms setting targets in a US$31 to US$34 range and maintaining positive ratings such as Buy or Overweight.
User avatar
Narrative Update • Mar 15

BRX: Fair Return Profile To Reflect Strip Center Fundamentals And Redevelopment Pipeline

Narrative Update The analyst price target for Brixmor Property Group has edged higher from $31.38 to $31.65. This reflects analysts' updated models that incorporate sector re-rating expectations, modestly higher profit margin assumptions, and refreshed FFO forecasts for 2026 and 2027.
User avatar
Narrative Update • Mar 01

BRX: Steady Fundamentals And Redevelopment Pipeline Will Shape Future Return Profile

Analysts have nudged our fair value estimate for Brixmor Property Group up to $31.38 from $30.65, reflecting a wave of higher Street price targets in the $31 to $34 range as they factor in updated Q4 results, redevelopment potential, and a modest adjustment to long term profitability and P/E assumptions. Analyst Commentary Recent Street research on Brixmor points to a generally constructive tone, with several firms lifting their price targets into the low to mid US$30s while one recent update trimmed expectations slightly.
User avatar
Narrative Update • Feb 15

BRX: Steady Fundamentals And CEO Transition Will Shape Future Return Profile

The analyst price target for Brixmor Property Group is essentially unchanged at about $30.65 from $30.67, as analysts weigh slightly softer revenue growth assumptions against stronger profit margins and a lower forward P/E, informed by a mix of recent target raises and trims across the Street. Analyst Commentary Recent research updates present a mixed but fairly balanced view on Brixmor Property Group, with several firms adjusting price targets in a relatively tight range and recalibrating expectations for the broader shopping center REIT sector.
User avatar
Narrative Update • Nov 13

BRX: Moderating Construction Costs And Leasing Strength Will Drive Stronger Returns

Brixmor Property Group's analyst price target has been increased modestly to $31 from $30. This reflects analysts' optimism due to moderating construction costs and stronger-than-expected leasing activity at recent acquisitions.
User avatar
Narrative Update • Oct 29

Moderating Construction Costs And Strong Leasing Will Support Occupancy Resilience

Brixmor Property Group’s analyst price target has increased from approximately $29.94 to $30.56. This change reflects analysts' positive outlook, driven by moderating construction costs, strong leasing performance, and favorable updates following recent quarterly results.
Seeking Alpha • Feb 13

Brixmor Property: Income And Value All In One

Summary Brixmor Property offers a well-covered dividend supported by resilient fundamentals, strong occupancy, and strategic redevelopment projects with high NOI yields. BRX's portfolio of grocery-anchored centers ensures e-commerce and recession resilience, with strong demand reflected by a 21% blended rent spread. BRX maintains a healthy balance sheet, upgraded credit rating, and ample liquidity, supporting continued growth and stability. BRX's valuation remains below that of large peers, setting up investors for value and income. Read the full article on Seeking Alpha
Seeking Alpha • Nov 04

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

Summary Brixmor Property Group has delivered over 37% total returns since November 2023, with a current forward yield of 4.16% and a low P/FFO multiple of 12.92x. Looking at BRX stock, I can see a compelling entry point in terms of the valuations relative to other peers such as REG, KIM and FRT. However, diving deeper a bit more, I will also identify some reasons why the discount could be justified. I recommend holding BRX for diversification, given the sector's recent rally. Read the full article on Seeking Alpha
User avatar
New Narrative • Aug 27

Optimizing Assets And Embracing Growth Amid Industry Headwinds

Brixmor Property Group shows strong potential for sustained revenue growth through increased occupancy and higher rental rates.

Shareholder Returns

BRXUS Retail REITsUS Market
7D-1.4%-2.1%-0.9%
1Y2.4%6.3%14.2%

Return vs Industry: BRX underperformed the US Retail REITs industry which returned 6.3% over the past year.

Return vs Market: BRX underperformed the US Market which returned 14.2% over the past year.

Price Volatility

Is BRX's price volatile compared to industry and market?
BRX volatility
BRX Average Weekly Movement2.4%
Retail REITs Industry Average Movement2.7%
Market Average Movement6.9%
10% most volatile stocks in US Market15.3%
10% least volatile stocks in US Market2.9%

Stable Share Price: BRX has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: BRX's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011463Brian Finneganwww.brixmor.com

Brixmor Property Group Inc. owns and operates a high-quality, national portfolio of open-air shopping centers. The Company's 346 retail centers comprise approximately 63 million square feet of prime retail space in established trade areas. Brixmor's properties reflect their vision (to be the center of the communities we serve) and are home to a diverse mix of thriving national, regional and local retailers.

Brixmor Property Group Inc. Fundamentals Summary

How do Brixmor Property Group's earnings and revenue compare to its market cap?
BRX fundamental statistics
Market capUS$8.82b
Earnings (TTM)US$431.62m
Revenue (TTM)US$1.40b
20.4x
P/E Ratio
6.3x
P/S Ratio

Is BRX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BRX income statement (TTM)
RevenueUS$1.40b
Cost of RevenueUS$348.80m
Gross ProfitUS$1.05b
Other ExpensesUS$623.19m
EarningsUS$431.62m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

Oct 27, 2026

Earnings per share (EPS)1.41
Gross Margin75.15%
Net Profit Margin30.75%
Debt/Equity Ratio174.4%

How did BRX perform over the long term?

See historical performance and comparison

Dividends

4.3%
Current Dividend Yield
52%
Payout Ratio

Does BRX pay a reliable dividends?

See BRX dividend history and benchmarks
When do you need to buy BRX by to receive an upcoming dividend?
Brixmor Property Group dividend dates
Ex Dividend DateOct 02 2026
Dividend Pay DateOct 15 2026
Days until Ex dividend18 days
Days until Dividend pay date31 days

Does BRX pay a reliable dividends?

See BRX dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/14 04:02
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Brixmor Property Group Inc. is covered by 31 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jonathan PongBaird
Ross SmotrichBarclays
John KimBMO Capital Markets Equity Research

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