BRX Stock Overview
Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers.
Brixmor Property Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$20.64|
|52 Week High||US$27.19|
|52 Week Low||US$19.42|
|1 Month Change||-15.76%|
|3 Month Change||-20.03%|
|1 Year Change||-9.83%|
|3 Year Change||14.10%|
|5 Year Change||16.61%|
|Change since IPO||1.18%|
Recent News & Updates
Brixmor Property: Run To This Shopping Center Landlord
Brixmor is well-positioned in face of potential risks such as a recession or higher interest rates. Management has proven adept at recycling capital, and it has plenty of liquidity to fund its active acquisition pipeline. The recent sell-off presents a good buy-the-dip opportunity on this quality REIT.
|BRX||US REITs||US Market|
Return vs Industry: BRX matched the US REITs industry which returned -9.1% over the past year.
Return vs Market: BRX exceeded the US Market which returned -20.4% over the past year.
|BRX Average Weekly Movement||5.1%|
|REITs Industry Average Movement||4.8%|
|Market Average Movement||8.1%|
|10% most volatile stocks in US Market||16.8%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: BRX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: BRX's weekly volatility (5%) has been stable over the past year.
About the Company
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 Property Group Fundamentals Summary
|BRX fundamental statistics|
Is BRX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BRX income statement (TTM)|
|Cost of Revenue||US$299.95m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 01, 2022
|Earnings per share (EPS)||0.99|
|Net Profit Margin||25.32%|
How did BRX perform over the long term?See historical performance and comparison
4.7%Current Dividend Yield
Does BRX pay a reliable dividends?See BRX dividend history and benchmarks
|Brixmor Property Group dividend dates|
|Ex Dividend Date||Jul 01 2022|
|Dividend Pay Date||Jul 15 2022|
|Days until Ex dividend||1 day|
|Days until Dividend pay date||15 days|
Does BRX pay a reliable dividends?See BRX dividend history and benchmarks
Is BRX undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BRX?
Other financial metrics that can be useful for relative valuation.
|What is BRX's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does BRX's PE Ratio compare to its peers?
|BRX PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
FRT Federal Realty Investment Trust
NNN National Retail Properties
PECO Phillips Edison
SRC Spirit Realty Capital
BRX Brixmor Property Group
Price-To-Earnings vs Peers: BRX is good value based on its Price-To-Earnings Ratio (20.8x) compared to the peer average (58.6x).
Price to Earnings Ratio vs Industry
How does BRX's PE Ratio compare vs other companies in the US REITs Industry?
Price-To-Earnings vs Industry: BRX is good value based on its Price-To-Earnings Ratio (20.8x) compared to the US REITs industry average (31.8x)
Price to Earnings Ratio vs Fair Ratio
What is BRX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||20.8x|
|Fair PE Ratio||34.3x|
Price-To-Earnings vs Fair Ratio: BRX is good value based on its Price-To-Earnings Ratio (20.8x) compared to the estimated Fair Price-To-Earnings Ratio (34.3x).
Share Price vs Fair Value
What is the Fair Price of BRX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: BRX ($20.64) is trading below our estimate of fair value ($50.41)
Significantly Below Fair Value: BRX is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: BRX is poor value based on its PEG Ratio (7.7x)
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How is Brixmor Property Group forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BRX's forecast earnings growth (2.7% per year) is above the savings rate (1.9%).
Earnings vs Market: BRX's earnings (2.7% per year) are forecast to grow slower than the US market (13.7% per year).
High Growth Earnings: BRX's earnings are forecast to grow, but not significantly.
Revenue vs Market: BRX's revenue (4.5% per year) is forecast to grow slower than the US market (8.3% per year).
High Growth Revenue: BRX's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BRX's Return on Equity is forecast to be low in 3 years time (10.6%).
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How has Brixmor Property Group performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BRX has a large one-off gain of $57.1M impacting its March 31 2022 financial results.
Growing Profit Margin: BRX's current net profit margins (25.3%) are higher than last year (10.8%).
Past Earnings Growth Analysis
Earnings Trend: BRX's earnings have declined by 10.1% per year over the past 5 years.
Accelerating Growth: BRX's earnings growth over the past year (161.5%) exceeds its 5-year average (-10.1% per year).
Earnings vs Industry: BRX earnings growth over the past year (161.5%) exceeded the REITs industry 69.5%.
Return on Equity
High ROE: BRX's Return on Equity (10.7%) is considered low.
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How is Brixmor Property Group's financial position?
Financial Health Score1/6
Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: BRX's short term assets ($304.6M) do not cover its short term liabilities ($344.9M).
Long Term Liabilities: BRX's short term assets ($304.6M) do not cover its long term liabilities ($5.1B).
Debt to Equity History and Analysis
Debt Level: BRX's net debt to equity ratio (179.6%) is considered high.
Reducing Debt: BRX's debt to equity ratio has reduced from 202.8% to 180.7% over the past 5 years.
Debt Coverage: BRX's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: BRX's interest payments on its debt are not well covered by EBIT (2.3x coverage).
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What is Brixmor Property Group current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BRX's dividend (4.65%) is higher than the bottom 25% of dividend payers in the US market (1.59%).
High Dividend: BRX's dividend (4.65%) is in the top 25% of dividend payers in the US market (4.25%)
Stability and Growth of Payments
Stable Dividend: BRX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BRX's dividend payments have increased, but the company has only paid a dividend for 8 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.4%), BRX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.9%), BRX's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jim Taylor (54 yo)
Mr. James M. Taylor Jr., also known as Jim, J.D. has been the Chief Executive Officer and President at Brixmor Property Group Inc. since May 20, 2016. Mr. Taylor served as the Chief Financial Officer, Exec...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD8.36M) is about average for companies of similar size in the US market ($USD8.21M).
Compensation vs Earnings: Jim's compensation has increased by more than 20% in the past year.
Experienced Management: BRX's management team is seasoned and experienced (6.8 years average tenure).
Experienced Board: BRX's board of directors are considered experienced (6.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Brixmor Property Group Inc.'s employee growth, exchange listings and data sources
- Name: Brixmor Property Group Inc.
- Ticker: BRX
- Exchange: NYSE
- Founded: 2008
- Industry: Retail REITs
- Sector: Real Estate
- Implied Market Cap: US$6.182b
- Shares outstanding: 299.53m
- Website: https://www.brixmor.com
Number of Employees
- Brixmor Property Group Inc.
- 450 Lexington Avenue
- New York
- New York
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/29 00:00|
|End of Day Share Price||2022/06/29 00:00|
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 here.