Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. More Details
Average dividend payer and slightly overvalued.
Share Price & News
How has Brixmor Property Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BRX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BRX's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: BRX exceeded the US REITs industry which returned 30.6% over the past year.
Return vs Market: BRX exceeded the US Market which returned 35.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Brixmor Property Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StHave Insiders Been Selling Brixmor Property Group Inc. (NYSE:BRX) Shares?
2 months ago | Simply Wall StIs Brixmor Property Group Inc.'s (NYSE:BRX) 4.3% ROE Strong Compared To Its Industry?
3 months ago | Simply Wall StWe Think The Compensation For Brixmor Property Group Inc.'s (NYSE:BRX) CEO Looks About Right
Is Brixmor Property Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BRX ($23.02) is trading below our estimate of fair value ($40.32)
Significantly Below Fair Value: BRX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BRX is poor value based on its PE Ratio (60.3x) compared to the US REITs industry average (46.6x).
PE vs Market: BRX is poor value based on its PE Ratio (60.3x) compared to the US market (18x).
Price to Earnings Growth Ratio
PEG Ratio: BRX is poor value based on its PEG Ratio (5.2x)
Price to Book Ratio
PB vs Industry: BRX is overvalued based on its PB Ratio (2.6x) compared to the US REITs industry average (1.9x).
How is Brixmor Property Group forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BRX's forecast earnings growth (11.7% per year) is above the savings rate (2%).
Earnings vs Market: BRX's earnings (11.7% per year) are forecast to grow slower than the US market (14.9% per year).
High Growth Earnings: BRX's earnings are forecast to grow, but not significantly.
Revenue vs Market: BRX's revenue (2.9% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: BRX's revenue (2.9% 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 (8.7%).
How has Brixmor Property Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BRX has high quality earnings.
Growing Profit Margin: BRX's current net profit margins (10.8%) are lower than last year (23.4%).
Past Earnings Growth Analysis
Earnings Trend: BRX's earnings have declined by 6.1% per year over the past 5 years.
Accelerating Growth: BRX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BRX had negative earnings growth (-58.2%) over the past year, making it difficult to compare to the REITs industry average (-8.8%).
Return on Equity
High ROE: BRX's Return on Equity (4.3%) is considered low.
How is Brixmor Property Group's financial position?
Financial Position Analysis
Short Term Liabilities: BRX's short term assets ($616.5M) exceed its short term liabilities ($343.8M).
Long Term Liabilities: BRX's short term assets ($616.5M) do not cover its long term liabilities ($5.3B).
Debt to Equity History and Analysis
Debt Level: BRX's debt to equity ratio (194.2%) is considered high.
Reducing Debt: BRX's debt to equity ratio has reduced from 206.9% to 194.2% over the past 5 years.
Debt Coverage: BRX's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: BRX's interest payments on its debt are not well covered by EBIT (1.7x coverage).
What is Brixmor Property Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BRX's dividend (3.74%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: BRX's dividend (3.74%) is in the top 25% of dividend payers in the US market (3.54%)
Stability and Growth of Payments
Stable Dividend: BRX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BRX's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.8%), BRX's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BRX's dividends in 3 years are forecast to be well covered by earnings (46.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jim Taylor (54 yo)
Mr. James M. Taylor Jr., also known as Jim, J.D. has been the Chief Executive Officer and President at Brixmor Property Group Inc. since May 20, 2016. Mr. Taylor served as the Chief Financial Officer, Exec...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD5.09M) is about average for companies of similar size in the US market ($USD6.47M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
Experienced Management: BRX's management team is seasoned and experienced (5.8 years average tenure).
Experienced Board: BRX's board of directors are considered experienced (5.6 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 company bio, employee growth, exchange listings and data sources
- Name: Brixmor Property Group Inc.
- Ticker: BRX
- Exchange: NYSE
- Founded: 2008
- Industry: Retail REITs
- Sector: Real Estate
- Market Cap: US$6.836b
- Shares outstanding: 296.96m
- Website: https://www.brixmor.com
Number of Employees
- Brixmor Property Group Inc.
- 450 Lexington Avenue
- New York
- New York
- United States
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...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/31 06:25|
|End of Day Share Price||2021/07/30 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.