BRX Stock Analysis: Brixmor Property | NYSE
REIT - Retail | NYSE, USA | Market Cap: 9.090m USD | 12M Return: 11.2% | US11120U1051 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 65.0M
EPS Trend: 51.5%
Qual. Beats: 0
Rev. Trend: 98.6%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 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 real estate investment trust (REIT) that owns and operates a national portfolio of open-air shopping centers, primarily located in established U.S. trade areas. The companys portfolio spans 344 retail centers totaling roughly 62 million square feet, leased to a mix of national, regional, and local retailers including TJX, Kroger, Publix, and Ross Stores.
As a Retail REIT within the GICS Real Estate sector, Brixmor generates revenue primarily by leasing space to retailers and collecting rents under multi-year lease agreements, with grocery-anchored and necessity-based retail tenants forming a core part of its tenant base. REITs of this type typically pass through the majority of their taxable income to shareholders in the form of dividends.
Headquartered in New York and incorporated in 2011, Brixmor went public on October 30, 2013, and is classified as a mid-cap stock with a market capitalization of approximately $9.5 billion USD.
- Same-center NOI growth accelerates on positive leasing spreads
- Anchor tenant credit weakens amid retail bankruptcies and store closures
- Interest rate hikes pressure cap rate spreads and acquisition pipeline
| Net Income: 432.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -0.23 > 1.0 |
| NWC/Revenue: 3.34% < 20% (prev -47.90%; Δ 51.24% < -1%) |
| CFO/TA 0.08 > 3% & CFO 685.3m > Net Income 432.8m |
| Net Debt (5.17b) to EBITDA (1.09b): 4.76 < 3 |
| Current Ratio: 1.07 > 1.5 & < 3 |
| Outstanding Shares: last quarter (307.9m) vs 12m ago 0.10% < -2% |
| Gross Margin: 60.16% > 18% (prev 74.90%; Δ -14.74% > 0.5%) |
| Asset Turnover: 15.94% > 50% (prev 15.41%; Δ 0.53% > 0%) |
| Interest Coverage Ratio: 2.81 > 6 (EBIT TTM 664.3m / Interest Expense TTM 236.5m) |
| A: 0.01 (Total Current Assets 689.3m - Total Current Liabilities 642.5m) / Total Assets 9.01b |
| B: -0.05 (Retained Earnings -421.2m / Total Assets 9.01b) |
| C: 0.08 (EBIT TTM 664.3m / Avg Total Assets 8.81b) |
| D: 0.50 (Book Value of Equity 3.02b / Total Liabilities 6.00b) |
| Altman-Z'' = 0.92 = BB |
| DSRI: 1.01 (Receivables 305.6m/285.1m, Revenue 1.40b/1.33b) |
| GMI: 1.25 (GM 74.90% / 60.16%) |
| AQI: 0.35 (AQ_t 0.01 / AQ_t-1 0.03) |
| SGI: 1.06 (Revenue 1.40b / 1.33b) |
| TATA: -0.03 (NI 432.8m - CFO 685.3m) / TA 9.01b) |
| Beneish M = -3.14 (Cap -4..+1) = AA |
As of August 27, 2026, the stock is trading at USD 29.38 with a total of 1,891,212 shares traded. Over the past week, the price has changed by -1.21%, over one month by -9.18%, over three months by -4.74% and over the past year by +11.18%.
Current recommended Stop Loss: 28.00 (which is 4.7% or 2.8 ATR below the current price).
Brixmor Property has received a consensus analysts rating of 4.28. Therefore, it is recommended to buy BRX.
- StrongBuy: 9
- Buy: 5
- Hold: 4
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 35.4 | 20.6% |
P/E Trailing = 21.3094
P/E Forward = 27.8552
P/S = 6.4758
P/B = 3.0223
P/EG = 1.68
Revenue TTM = 1.40b USD
EBIT TTM = 664.3m USD
EBITDA TTM = 1.09b USD
Long Term Debt = 4.80b USD (from longTermDebt, last quarter)
Short Term Debt = 10.8m USD (from shortTermDebt, last quarter)
Debt = 5.37b USD (from shortLongTermDebtTotal, last quarter) + Leases 33.7m
Net Debt = 5.17b USD (calculated: Debt 5.37b - CCE 194.4m)
Enterprise Value = 14.3b USD (9.09b + Debt 5.37b - CCE 194.4m)
Interest Coverage Ratio = 2.81 (Ebit TTM 664.3m / Interest Expense TTM 236.5m)
EV/FCF = 22.54x (Enterprise Value 14.3b / FCF TTM 632.8m)
FCF Yield = 4.44% (FCF TTM 632.8m / Enterprise Value 14.3b)
FCF Margin = 45.08% (FCF TTM 632.8m / Revenue TTM 1.40b)
Net Margin = 30.83% (Net Income TTM 432.8m / Revenue TTM 1.40b)
Gross Margin = 60.16% ((Revenue TTM 1.40b - Cost of Revenue TTM 559.2m) / Revenue TTM)
Gross Margin QoQ = 75.01% (prev 16.09%)
Tobins Q-Ratio = 1.58 (Enterprise Value 14.3b / Total Assets 9.01b)
Interest Expense / Debt = 4.41% (Interest Expense 236.5m / Debt 5.37b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 524.8m (EBIT 664.3m * (1 - 21.00%))
Current Ratio = 1.07 (Total Current Assets 689.3m / Total Current Liabilities 642.5m)
Debt / Equity = 1.78 (Debt 5.37b / totalStockholderEquity, last quarter 3.02b)
Debt / EBITDA = 4.76 (Net Debt 5.17b / EBITDA 1.09b)
Debt / FCF = 8.17 (Net Debt 5.17b / FCF TTM 632.8m)
Total Stockholder Equity = 3.01b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.91% (Net Income 432.8m / Total Assets 9.01b)
RoE = 14.39% (Net Income TTM 432.8m / Total Stockholder Equity 3.01b)
RoCE = 8.51% (EBIT 664.3m / Capital Employed (Equity 3.01b + L.T.Debt 4.80b))
RoIC = 6.32% (NOPAT 524.8m / Invested Capital 8.30b)
WACC = 5.30% (E(9.09b)/V(14.5b) * Re(6.38%) + D(5.37b)/V(14.5b) * Rd(4.41%) * (1-Tc(0.21)))
Discount Rate = 6.38% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 90.25 | Cagr: 0.76%
[DCF] Terminal Value 75.62% ; FCFF base≈629.4m ; Y1≈639.2m ; Y5≈692.8m
[DCF] Fair Price = 18.17 (EV 10.7b - Net Debt 5.17b = Equity 5.58b / Shares 306.9m; r=8.35% [WACC [floored]]; 5y FCF grow 1.38% → 2.50% )
EPS Correlation: 51.53 | EPS CAGR: 6.64% | SUE: 0.0 | # QB: 0
Revenue Correlation: 98.60 | Revenue CAGR: 4.97% | SUE: -0.23 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.23 | Chg30d=-10.51% | Revisions=-25% | Analysts=4
EPS current Year (2026-12-31): EPS=0.98 | Chg30d=-13.13% | Revisions=-25% | GrowthEPS=+6.2% | GrowthRev=+4.5%
EPS next Year (2027-12-31): EPS=1.01 | Chg30d=-8.84% | Revisions=+0% | GrowthEPS=+3.1% | GrowthRev=+5.4%
[Analyst] Revisions Ratio: -40% (up=0, down=2)