BRX Stock Analysis: Brixmor Property | NYSE
REIT - Retail | NYSE, USA | Market Cap: 8.810m USD | 12M Return: 16.2% | US11120U1051 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 81.7M
EPS Trend: 62.0%
Qual. Beats: 0
Rev. Trend: 99.2%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Brixmor Property Group Inc. (NYSE: BRX) is a New York-based real estate company that owns and operates a national portfolio of 346 open-air shopping centers, totaling approximately 63 million square feet of retail space located in established U.S. trade areas. The company was established on May 27, 2011, and has been publicly traded since its October 30, 2013 IPO.
Brixmors properties serve as community retail hubs, leased to a diverse mix of national, regional, and local retailers. Notable anchor and tenant partners include The TJX Companies, The Kroger Co., Publix Super Markets, and Ross Stores, reflecting a grocery-anchored tenant base that supports consistent foot traffic and tenant stability.
As a Retail REIT within the Real Estate sector, Brixmors primary business model involves generating rental income from leasing space to retailers under multi-year lease agreements, with profits typically distributed to shareholders as dividends. The companys mid-cap market position (approximately $8.6 billion) places it among the larger publicly traded retail-focused real estate operators in the United States.
- Anchor tenant leasing spreads accelerate same-property NOI growth
- Higher interest rates compress REIT valuation multiples
- Open-air shopping center occupancy holds near record highs
| Net Income: 426.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -0.71 > 1.0 |
| NWC/Revenue: -8.78% < 20% (prev -27.50%; Δ 18.71% < -1%) |
| CFO/TA 0.08 > 3% & CFO 688.2m > Net Income 426.3m |
| Net Debt (5.17b) to EBITDA (1.09b): 4.76 < 3 |
| Current Ratio: 0.81 > 1.5 & < 3 |
| Outstanding Shares: last quarter (308.1m) vs 12m ago 0.02% < -2% |
| Gross Margin: 60.48% > 18% (prev 74.91%; Δ -14.42% > 0.5%) |
| Asset Turnover: 15.74% > 50% (prev 14.88%; Δ 0.86% > 0%) |
| Interest Coverage Ratio: 2.76 > 6 (EBIT TTM 660.7m / Interest Expense TTM 239.0m) |
| A: -0.01 (Total Current Assets 524.3m - Total Current Liabilities 649.2m) / Total Assets 9.02b |
| B: -0.05 (Retained Earnings -428.2m / Total Assets 9.02b) |
| C: 0.07 (EBIT TTM 660.7m / Avg Total Assets 9.04b) |
| D: 0.51 (Book Value of Equity 3.02b / Total Liabilities 5.97b) |
| Altman-Z'' = 0.78 = B |
| DSRI: 0.99 (Receivables 319.0m/306.2m, Revenue 1.42b/1.35b) |
| GMI: 1.24 (GM 74.91% / 60.48%) |
| AQI: 0.04 (AQ_t 0.03 / AQ_t-1 0.92) |
| SGI: 1.06 (Revenue 1.42b / 1.35b) |
| TATA: -0.03 (NI 426.3m - CFO 688.2m) / TA 9.02b) |
| Beneish M = -3.36 (Cap -4..+1) = AA |
As of November 01, 2026, the stock is trading at USD 29.14 with a total of 2,972,725 shares traded. Over the past week, the price has changed by +3.59%, over one month by +5.78%, over three months by -6.45% and over the past year by +16.20%.
Current recommended Stop Loss: 27.90 (which is 4.3% or 2.3 ATR below the current price).
Brixmor Property has received a consensus analysts rating of 4.53. Therefore, it is recommended to buy BRX.
- StrongBuy: 10
- Buy: 3
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 33.5 | 15% |
P/E Trailing = 20.8043
P/E Forward = 25.1889
P/S = 6.1941
P/B = 2.8558
P/EG = 1.68
Revenue TTM = 1.42b USD
EBIT TTM = 660.7m USD
EBITDA TTM = 1.09b USD
Long Term Debt = 5.00b USD (from longTermDebt, last fiscal year)
Short Term Debt = 613.5m USD (from shortTermDebt, last fiscal year)
Debt = 5.36b USD (from shortLongTermDebtTotal, last quarter) + Leases 33.7m
Net Debt = 5.17b USD (calculated: Debt 5.36b - CCE 186.3m)
Enterprise Value = 14.0b USD (8.81b + Debt 5.36b - CCE 186.3m)
Interest Coverage Ratio = 2.76 (Ebit TTM 660.7m / Interest Expense TTM 239.0m)
EV/FCF = 24.58x (Enterprise Value 14.0b / FCF TTM 568.8m)
FCF Yield = 4.07% (FCF TTM 568.8m / Enterprise Value 14.0b)
FCF Margin = 39.99% (FCF TTM 568.8m / Revenue TTM 1.42b)
Net Margin = 29.97% (Net Income TTM 426.3m / Revenue TTM 1.42b)
Gross Margin = 60.48% ((Revenue TTM 1.42b - Cost of Revenue TTM 562.1m) / Revenue TTM)
Gross Margin QoQ = 75.75% (prev 75.01%)
Tobins Q-Ratio = 1.55 (Enterprise Value 14.0b / Total Assets 9.02b)
Interest Expense / Debt = 4.46% (Interest Expense 239.0m / Debt 5.36b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 522.0m (EBIT 660.7m * (1 - 21.00%))
Current Ratio = 0.81 (Total Current Assets 524.3m / Total Current Liabilities 649.2m)
Debt / Equity = 1.77 (Debt 5.36b / totalStockholderEquity, last quarter 3.02b)
Debt / EBITDA = 4.76 (Net Debt 5.17b / EBITDA 1.09b)
Debt / FCF = 9.09 (Net Debt 5.17b / FCF TTM 568.8m)
Total Stockholder Equity = 3.02b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.72% (Net Income 426.3m / Total Assets 9.02b)
RoE = 14.11% (Net Income TTM 426.3m / Total Stockholder Equity 3.02b)
RoCE = 8.23% (EBIT 660.7m / Capital Employed (Equity 3.02b + L.T.Debt 5.00b))
RoIC = 5.85% (NOPAT 522.0m / Invested Capital 8.92b)
WACC = 5.00% (E(8.81b)/V(14.2b) * Re(5.89%) + D(5.36b)/V(14.2b) * Rd(4.46%) * (1-Tc(0.21)))
Discount Rate = 5.89% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 85.51 | Cagr: 0.76%
[DCF] Terminal Value 73.89% ; FCFF base≈595.2m ; Y1≈545.3m ; Y5≈480.7m
[DCF] Fair Price = 8.03 (EV 7.63b - Net Debt 5.17b = Equity 2.46b / Shares 306.9m; r=8.35% [WACC [floored]]; 5y FCF grow -10.43% → 2.50% )
EPS Correlation: 62.04 | EPS CAGR: 15.41% | SUE: 0.47 | # QB: 0
Revenue Correlation: 99.17 | Revenue CAGR: 5.30% | SUE: 1.00 | # QB: 1
EPS current Quarter (2027-03-31): EPS=0.24 | Chg30d=-10.07% | Revisions=-25% | Analysts=2
EPS current Year (2026-12-31): EPS=1.14 | Chg30d=+16.55% | Revisions=-25% | GrowthEPS=+23.7% | GrowthRev=+4.8%
EPS next Year (2027-12-31): EPS=1.05 | Chg30d=+4.75% | Revisions=+0% | GrowthEPS=-8.1% | GrowthRev=+7.5%
[Analyst] Revisions Ratio: -40% (up=0, down=2)