Brixmor Property (BRX) AI Stock Analysis

• Market Cap: $8.01B
• Dividend Yield: 4.09%
• Average Volume (3M): 2.26M
• Price to Earnings (P/E): 24.2
• Beta (1Y): 0.74
• 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: 2,863,706
• 30 Day Avg. Volume: 2,255,671
• 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: 1.72
• Enterprise Value/Revenue: 10.26
• Enterprise Value/Gross Profit: 12.26
• Enterprise Value/Ebitda: 14.50
• 1Y Price Target: $30.56
• Price Target Upside: 16.82% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 11

• Rating: 73 Outperform
• Price Target: $30.00 ▲(14.68% Upside)

Brixmor Property's strong earnings call performance and solid financials are the primary drivers of its stock score. While technical indicators suggest some short-term weakness, the company's valuation and attractive dividend yield provide a balanced investment case. The positive outlook from the earnings call further supports a favorable view, despite some operational challenges.

Positive Factors

Strong Leasing Performance

The record leasing activity with high cash spreads indicates robust demand for Brixmor's retail spaces, enhancing long-term revenue stability and growth potential.

Increased Dividend

The dividend increase reflects Brixmor's strong cash flow and commitment to returning value to shareholders, indicating confidence in sustained financial performance.

Successful Reinvestment Projects

The completion of reinvestment projects with high yields demonstrates effective capital allocation, likely leading to increased property value and rental income.

Negative Factors

Decreased Base Rent Growth

The decline in base rent growth could pressure future revenue, as it indicates potential challenges in maintaining rental rate increases amid market conditions.

Tenant Disruptions

Tenant disruptions pose risks to occupancy rates and rental income stability, potentially impacting Brixmor's financial performance if not managed effectively.

Negative Free Cash Flow Growth

Negative free cash flow growth could limit Brixmor's ability to fund new projects or return capital to shareholders, affecting long-term financial flexibility.

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. The company's primary revenue stream comes from rental income from tenants, which includes base rent and percentage rent, the latter being a share of tenants' sales when they exceed a certain threshold. Additionally, Brixmor earns income from management fees and ancillary services related to the operation of its properties. The company also benefits from long-term lease agreements with its tenants, providing stable and predictable cash flow. Key partnerships with national retailers and a focus on high-traffic locations enhance its earnings potential, while strategic redevelopment of existing properties can lead to increased rental rates and improved tenant sales, further contributing to its revenue growth.

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	952.71M	936.67M	858.10M	785.42M	748.97M	669.37M
Net Income	332.51M	339.27M	305.09M	161.77M	75.48M	-73.82M
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	38.16M	316.86M	388.22M
Total Debt	0.00	5.34B	4.93B	5.45B	5.20B	5.21B
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: Negative
• Last Price: 26.16
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BRX, the sentiment is Negative. The current price of 26.16 is below the 20-day moving average (MA) of 27.12, below the 50-day MA of 27.30, and above the 200-day MA of 25.86, indicating a neutral trend. The MACD of -0.08 indicates Positive momentum. The RSI at 35.22 is Neutral, neither overbought nor oversold. The STOCH value of 3.23 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BRX.

Brixmor Property Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ADC	―	$8.39B	42.71	3.47%	4.20%	14.67%	-5.17%
FRT	―	$8.36B	24.40	11.04%	4.61%	6.00%	15.77%
NNN	―	$7.64B	19.23	9.18%	5.83%	4.82%	-5.18%
BRX	―	$8.01B	24.22	11.36%	4.09%	6.07%	-0.28%
PECO	―	$4.80B	54.81	3.62%	3.67%	10.58%	37.97%
KRG	―	$4.79B	34.88	4.71%	4.85%	3.67%	―
Sector *	―	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%

Brixmor Property Corporate Events

Brixmor Property Group’s Earnings Call Highlights Growth Amid Challenges

The recent earnings call for Brixmor Property Group showcased a generally positive sentiment, driven by strong leasing performance and successful reinvestment projects. Despite some challenges, such as decreased base rent growth and tenant disruptions, the overall outlook remains optimistic with significant growth potential.

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.

The most recent analyst rating on (BRX) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on Brixmor Property stock, see the BRX Stock Forecast page.

Brixmor Property Group Reports Strong Q3 2025 Results

Brixmor Property Group is a real estate investment trust (REIT) that owns and operates a national portfolio of open-air shopping centers across the United States, with a focus on creating community-centered retail spaces.

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.

The most recent analyst rating on (BRX) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on Brixmor Property stock, see the BRX Stock Forecast page.

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.

The most recent analyst rating on (BRX) stock is a Buy with a $32.00 price target. To see the full list of analyst forecasts on Brixmor Property stock, see the BRX Stock Forecast page.

Brixmor Property Group Reports Strong Q2 2025 Results

Brixmor Property Group is a real estate investment trust (REIT) that owns and operates a national portfolio of open-air shopping centers, comprising approximately 64 million square feet of retail space across 360 centers. The company is known for its focus on established trade areas and a diverse mix of national, regional, and local retailers.

Brixmor Property Group’s Earnings Call Highlights Growth and Optimism

Brixmor Property Group’s recent earnings call painted a picture of optimism and growth, despite some challenges. The company reported strong leasing activity and financial performance, with significant growth in new leases and strategic acquisitions. However, tenant disruption posed a challenge, impacting same-property NOI growth. Nevertheless, Brixmor remains optimistic about future growth fueled by a robust pipeline and strategic asset management.