Brixmor Property (BRX) AI Stock Analysis

• Market Cap: $7.85B
• Dividend Yield: 4.48%
• Average Volume (3M): 2.55M
• Price to Earnings (P/E): 23.8
• Beta (1Y): 0.63
• Revenue Growth: 6.07%
• EPS Growth: -0.28%
• Country: US
• Employees: 453
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Retail
• EPS (TTM): 0.31
• Shares Outstanding: 306,100,000
• 10 Day Avg. Volume: 3,374,042
• 30 Day Avg. Volume: 2,551,903
• PEG Ratio: 2.28
• Price to Book (P/B): 2.83
• Price to Sales (P/S): 6.57
• P/FCF Ratio: 13.51
• Enterprise Value/Market Cap: 1.76
• Enterprise Value/Revenue: 10.26
• Enterprise Value/Gross Profit: 12.26
• Enterprise Value/Ebitda: 15.03
• 1Y Price Target: $30.30
• Price Target Upside: 16.23% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 10
• EPS Forecast (FY): 1.01
• Revenue Forecast (FY): $1.37B

• Rating: 65 Neutral
• Price Target: $27.00 ▲(3.57% Upside)

Brixmor Property's overall stock score reflects a mix of strong financial performance and positive corporate events, tempered by bearish technical indicators and valuation concerns. The company's robust cash flow and strategic initiatives, such as the share repurchase program, support a positive long-term outlook. However, current market momentum and valuation metrics suggest caution in the short term.

Positive Factors

Strong Leasing Activity

Strong leasing activity indicates robust demand for Brixmor's retail spaces, supporting long-term revenue growth and market position.

Leadership Transition

The leadership transition to an experienced internal candidate ensures continuity in strategic initiatives and stability in management.

Share Repurchase Program

The share repurchase program reflects confidence in the company's financial health and commitment to enhancing shareholder value.

Negative Factors

High Debt Levels

High debt levels can limit financial flexibility and increase risk, potentially impacting long-term financial stability.

Decreased Base Rent Growth

Decreased base rent growth could signal challenges in maintaining rental income, affecting future revenue streams.

Tenant Disruptions

Tenant disruptions may lead to increased vacancy rates and reduced rental income, impacting financial performance.

Brixmor Property Business Overview & Revenue Model

Company Description

Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. Its 395 retail centers comprise approximately 69 million square feet of prime retail space in established trade areas. The Company strives to own and operate shopping centers that reflect Brixmor's 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 is a proud real estate partner to approximately 5,000 retailers including The TJX Companies, The Kroger Co., Publix Super Markets, Wal-Mart, Ross Stores and L.A. Fitness.

How the Company Makes Money

Brixmor generates revenue primarily through leasing retail space within its shopping centers to a variety of tenants, including national, regional, and local retailers. The company collects rental income, which constitutes the bulk of its revenue stream. Additionally, Brixmor earns income through percentage rent, which is based on tenants' sales performance, thus aligning its financial success with that of its tenants. The company also engages in property management services and may earn fees associated with the operation and maintenance of its properties. Significant partnerships with well-known retailers help attract more traffic to its centers, enhancing tenant sales and, consequently, Brixmor's rental income. Overall, Brixmor's strategic focus on essential retail sectors and its ability to adapt to changing consumer preferences contribute to its earnings stability and growth potential.

Brixmor Property Financial Statement Overview

Summary

Brixmor Property demonstrates strong profitability and effective equity utilization, with consistent improvements in profit margins and return on equity. However, the slight decline in operating cash flow and negative free cash flow growth in the TTM period could pose challenges.

Income Statement

Brixmor Property shows strong profitability with a consistent increase in gross profit margin from 74.3% to 80.9% over the years, indicating efficient cost management. The net profit margin has improved significantly from negative in 2020 to 25.3% in TTM, reflecting robust bottom-line growth. Revenue growth has been steady, albeit modest, with a TTM growth rate of 1.8%. However, the EBIT margin has slightly decreased in the TTM period, suggesting some pressure on operating efficiency.

Balance Sheet

The company's debt-to-equity ratio has improved from 1.94 in 2020 to 1.79 in the latest annual report, indicating a positive trend in leverage management. Return on equity has shown a consistent upward trend, reaching 11.4% in TTM, reflecting effective use of equity to generate profits. However, the equity ratio remains stable, suggesting limited improvement in asset financing through equity.

Cash Flow

Operating cash flow has remained stable, with a slight decline in the TTM period. The free cash flow to net income ratio is consistently at 1.0, indicating strong cash generation relative to net income. However, the free cash flow growth rate has been negative in the TTM period, which could be a concern for future cash availability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.35B	1.29B	1.25B	1.22B	1.15B	1.05B
Gross Profit	1.13B	967.94M	925.05M	906.28M	854.49M	772.64M
EBITDA	918.80M	936.67M	858.10M	891.35M	792.12M	657.87M
Net Income	332.51M	339.27M	305.09M	354.19M	270.19M	121.17M
Balance Sheet
Total Assets	9.05B	8.91B	8.33B	8.44B	8.38B	8.34B
Cash, Cash Equivalents and Short-Term Investments	353.24M	397.92M	20.78M	16.49M	296.63M	368.68M
Total Debt	5.49B	5.34B	4.93B	5.08B	5.21B	5.23B
Total Liabilities	6.09B	5.92B	5.48B	5.57B	5.66B	5.66B
Stockholders Equity	2.96B	2.98B	2.85B	2.87B	2.72B	2.68B
Cash Flow
Free Cash Flow	634.98M	624.69M	588.79M	566.38M	552.24M	443.10M
Operating Cash Flow	634.98M	624.69M	588.79M	566.38M	552.24M	443.10M
Investing Cash Flow	-594.59M	-437.02M	-163.08M	-462.45M	-331.00M	-167.25M
Financing Cash Flow	-116.34M	172.12M	-428.07M	-380.41M	-293.58M	72.71M

Brixmor Property Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 26.07
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BRX, the sentiment is Positive. The current price of 26.07 is above the 20-day moving average (MA) of 25.72, below the 50-day MA of 26.44, and above the 200-day MA of 25.86, indicating a neutral trend. The MACD of -0.27 indicates Negative momentum. The RSI at 52.77 is Neutral, neither overbought nor oversold. The STOCH value of 79.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BRX.

Brixmor Property Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FRT	77 Outperform	$8.64B	25.31	10.92%	4.39%	6.05%	14.70%
NNN	76 Outperform	$7.69B	19.39	8.91%	5.84%	4.53%	-3.46%
ADC	75 Outperform	$8.25B	41.97	3.47%	4.28%	14.67%	-5.17%
PECO	71 Outperform	$4.85B	57.44	3.62%	3.58%	10.58%	37.97%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
BRX	65 Neutral	$7.85B	23.75	11.36%	4.48%	6.07%	-0.28%
KRG	61 Neutral	$5.05B	207.65	4.71%	4.57%	3.67%	―

Brixmor Property Corporate Events

Brixmor Property Announces CEO Retirement and Successor

On November 24, 2025, Brixmor Property Group announced that its CEO, James M. Taylor Jr., will retire at the end of the year, with Brian T. Finnegan, the current President and COO, set to succeed him on January 1, 2026. This leadership transition is part of Brixmor’s CEO succession plan, and Finnegan, who has been with the company for over 20 years, is expected to continue driving the company’s growth and strategic initiatives, leveraging his extensive experience and leadership within the retail industry.

Brixmor Property Launches $400M Share Repurchase Program

On October 28, 2025, Brixmor Property Group Inc. announced a new share repurchase program for up to $400 million, replacing the existing program set to expire on November 1, 2025. This initiative, scheduled to expire on October 28, 2028, allows for repurchases at management’s discretion and aims to enhance shareholder value. Additionally, Brixmor entered into Equity Distribution Agreements with several financial institutions, allowing the sale of up to $400 million of common stock. This move is intended to provide financial flexibility and support general corporate purposes, potentially impacting the company’s market positioning and stakeholder interests.

Brixmor Property CEO Takes Medical Leave, Interim Named

On October 16, 2025, Brixmor Property Group announced that its CEO, James M. Taylor Jr., is taking a temporary medical leave of absence. During his absence, Brian T. Finnegan, the company’s President and COO, will serve as interim CEO. The board expressed confidence in the management team’s ability to continue executing the company’s business plan.

Brixmor Property Completes $400 Million Senior Notes Offering

On September 9, 2025, Brixmor Operating Partnership LP, a subsidiary of Brixmor Property Group Inc., completed a $400 million offering of 4.850% Senior Notes due 2033. The proceeds are intended for general corporate purposes, including debt repayment. This issuance, governed by a supplemental indenture, outlines covenants limiting additional indebtedness and asset sales, impacting the company’s financial strategy and obligations.