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Brixmor Property Group Inc Stock Research

BRX

20.38USD+0.10(+0.49%)Market Closed

Market Summary

USD20.38+0.10
Market Closed
0.49%

BRX Alerts

BRX Stock Price

BRX RSI Chart

BRX Valuation

Market Cap

6.1B

Price/Earnings (Trailing)

17.26

Price/Sales (Trailing)

5.02

Price/Free Cashflow

10.79

BRX Price/Sales (Trailing)

BRX Profitability

Return on Equity

12.36%

Return on Assets

4.2%

Free Cashflow Yield

9.27%

BRX Fundamentals

BRX Revenue

Revenue (TTM)

1.2B

Revenue Y/Y

4.49%

Revenue Q/Q

1.25%

BRX Earnings

Earnings (TTM)

354.2M

Earnings Y/Y

22.16%

Earnings Q/Q

1.15%

Price Action

52 Week Range

17.3926.52
(Low)(High)

Last 7 days

-1.6%

Last 30 days

-9.4%

Last 90 days

-9.8%

Trailing 12 Months

-16.3%

BRX Financial Health

BRX Investor Care

Dividend Yield

4.81%

Dividend/Share (TTM)

0.98

Shares Dilution (1Y)

0.91%

Diluted EPS (TTM)

1.17

Peers (Alternatives to Brixmor Property Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
50.2B
4.2B
-1.95% -19.53%
11.54
12
22.43% 122.66%
27.4B
4.7B
-11.51% -30.78%
72.46
5.83
5.96% -77.90%
21.3B
2.7B
-12.90% -34.85%
27.37
7.83
11.91% -41.71%
20.3B
2.6B
-23.09% -36.12%
38.87
7.83
22.46% -8.68%
13.2B
1.7B
-4.07% -25.83%
104.43
7.61
26.61% -85.07%
MID-CAP
7.5B
1.1B
-12.78% -19.56%
19.52
7
12.95% 47.42%
4.3B
802.0M
-9.18% -8.49%
-337.73
5.32
114.83% 84.36%
2.7B
1.8B
-34.87% -68.35%
-7.76
1.49
13.26% -296.88%
2.1B
859.2M
-22.66% -32.73%
-31.5
2.42
1.38% -563.21%
SMALL-CAP
2.0B
421.4M
1.35% 15.46%
23.02
4.64
3.35% 1705.32%
1.3B
826.7M
-42.91% -73.34%
-17.02
1.61
-2.04% -117.36%
1.0B
190.3M
-3.26% -2.73%
11.34
5.49
12.08% 1950.56%
935.5M
740.4M
-23.50% -61.25%
-25.7
1.26
1.87% -78.85%

Financials for Brixmor Property Group

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue1.1%1,2181,2051,1901,1711,152
Operating Expenses1.8%779766754742732
  S&GA Expenses1.2%117116112109105
EBITDA-797----
EBITDA Margin-0.69*----
EBT Margin-0.24*----
Interest Expenses0.7%192191191193195
Net Income4.6%354339301303270
Net Income Margin3.5%0.29*0.28*0.25*0.26*-
Free Cahsflow-0.4%566569551554-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-0.6%8,4368,4868,4708,2468,377
    Cash Equivalents-30.1%16.0024.0017.0032.00297
Liabilities-1.5%5,5715,6585,6675,4735,659
Shareholder's Equity1.3%2,8652,8282,8032,7742,718
  Additional Paid-In Capital0.2%3,2993,2923,2803,2703,232
Shares Outstanding0.0%300300300299297
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-0.4%566569551554552
  Share Based Compensation3.2%23.0023.0021.0019.0017.00
Cashflow From Investing28.8%-462-649-646-471-331
Cashflow From Financing-30.2%-380-292-281-414-293
  Buy BacksNaN%0.000.00---

Risks for BRX

What is the probability of a big loss on BRX?

54.6%


Probability that Brixmor Property Group stock will be more than 20% underwater in next one year

20%


Probability that Brixmor Property Group stock will be more than 30% underwater in next one year.

19.6%


Probability that Brixmor Property Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does BRX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Brixmor Property Group was unfortunately bought at previous high price.

Drawdowns

Returns for BRX

Cumulative Returns on BRX

2.4%


7-Year Cumulative Returns

12.2%


5-Year Cumulative Returns

31.5%


3-Year Cumulative Returns

What are the long-term rolling returns for BRX?

FIve years rolling returns for Brixmor Property Group.

Annualized Returns

Which funds bought or sold BRX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-23
MetLife Investment Management, LLC
reduced
-1.88
725,952
4,280,000
0.03%
2023-03-23
ETF MANAGERS GROUP, LLC
new
-
290,053
290,053
0.01%
2023-03-10
MATHER GROUP, LLC.
added
4.01
107,297
494,297
0.01%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-12.13
396,915
5,448,920
0.01%
2023-03-06
Rockefeller Capital Management L.P.
unchanged
-
31,000
168,000
-%
2023-02-28
Voya Investment Management LLC
reduced
-64.1
-2,253,760
1,775,240
-%
2023-02-24
NATIXIS
reduced
-84.62
-4,197,920
977,077
-%
2023-02-24
SRS Capital Advisors, Inc.
sold off
-100
-10,000
-
-%
2023-02-22
CVA Family Office, LLC
added
28.26
2,688
6,688
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
192,000
1,039,000
0.01%

1–10 of 48

Latest Funds Activity

Are funds buying BRX calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own BRX
No. of Funds

Brixmor Property Group News

Best Stocks

Brixmor Property Group: A Promising Real Estate Investment Trust ....

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7 hours ago

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Seeking Alpha

Schedule 13G FIlings of Brixmor Property Group

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
15.30%
45,890,380
SC 13G/A
Feb 06, 2023
wellington management group llp
5.39%
16,160,282
SC 13G
Jan 30, 2023
blackrock inc.
12.1%
36,249,996
SC 13G/A
Jan 20, 2023
state street corp
5.61%
16,836,881
SC 13G
Feb 09, 2022
vanguard group inc
15.09%
44,821,183
SC 13G/A
Jan 27, 2022
blackrock inc.
12.1%
35,956,258
SC 13G/A
Jan 26, 2022
blackrock inc.
12.1%
35,956,258
SC 13G/A
Jan 07, 2022
jpmorgan chase & co
7.1%
21,234,537
SC 13G/A
Feb 10, 2021
vanguard group inc
14.33%
42,479,341
SC 13G/A
Jan 27, 2021
blackrock inc.
12.4%
36,886,903
SC 13G/A

BRX Fair Value

Brixmor Property Group fair value in different scenarios

The table shows the Fair Value estimates for Brixmor Property Group for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

7.50

-63.20%

9.95

-51.18%

12.29

-39.70%

15.71

-22.91%

17.73

-13.00%
Current Inflation

7.22

-64.57%

9.48

-53.48%

11.61

-43.03%

14.69

-27.92%

16.49

-19.09%
Very High Inflation

6.86

-66.34%

8.88

-56.43%

10.75

-47.25%

13.41

-34.20%

14.95

-26.64%

Historical Brixmor Property Group Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Brixmor Property Group

View All Filings
Date Filed Form Type Document
Mar 14, 2023
ARS
ARS
Mar 14, 2023
DEF 14A
DEF 14A
Mar 14, 2023
DEFA14A
DEFA14A
Feb 17, 2023
4
Insider Trading
Feb 13, 2023
10-K
Annual Report
Feb 13, 2023
8-K
Current Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 06, 2023
SC 13G
Major Ownership Report
Feb 03, 2023
4
Insider Trading
Feb 03, 2023
4
Insider Trading

Latest Insider Trading transactions for BRX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-15
Aman Angela M
sold
-288,000
23.04
-12,500
evp, chief financial officer
2023-02-01
Horgan Mark
sold (taxes)
-419,705
23.66
-17,739
evp, chief investment officer
2023-02-01
Finnegan Brian T
acquired
-
-
33,095
see remarks
2023-02-01
Taylor James M Jr
sold (taxes)
-1,199,210
23.66
-50,685
president and ceo
2023-02-01
SIEGEL STEVEN F
sold (taxes)
-349,695
23.66
-14,780
see remarks
2023-02-01
Horgan Mark
acquired
-
-
34,751
evp, chief investment officer
2023-02-01
Taylor James M Jr
acquired
-
-
99,287
president and ceo
2023-02-01
Aman Angela M
sold (taxes)
-439,674
23.66
-18,583
evp, chief financial officer
2023-02-01
SIEGEL STEVEN F
acquired
-
-
28,955
see remarks
2023-02-01
Finnegan Brian T
sold (taxes)
-399,712
23.66
-16,894
see remarks

1–10 of 50

James M. Taylor
500
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.

BRX Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues    
Rental income$ 304,643$ 290,013$ 908,903$ 853,407
Other revenues1021736023,549
Total revenues304,745290,186909,505856,956
Operating expenses    
Operating costs33,29932,774102,59292,914
Real estate taxes44,17939,763128,123124,908
Depreciation and amortization84,77381,724254,132246,356
Impairment of real estate assets004,5971,898
General and administrative29,09425,30986,79676,415
Total operating expenses191,345179,570576,240542,491
Other income (expense)    
Dividends and interest8851198242
Interest expense(48,726)(48,918)(143,934)(147,601)
Gain on sale of real estate assets15,76811,12260,66749,489
Loss on extinguishment of debt, net0(27,116)(221)(28,345)
Other(789)390(2,937)694
Total other expense(33,659)(64,471)(86,227)(125,521)
Net income$ 79,741$ 46,145$ 247,038$ 188,944
Earnings Per Share [Abstract]    
Basic (usd per share)$ 0.26$ 0.15$ 0.82$ 0.63
Diluted (usd per share)$ 0.26$ 0.15$ 0.82$ 0.63
Weighted average shares:    
Basic (in shares)300,213297,188299,626297,165
Diluted (in shares)301,341298,269300,784298,209
Brixmor Operating Partnership LP    
Revenues    
Rental income$ 304,643$ 290,013$ 908,903$ 853,407
Other revenues1021736023,549
Total revenues304,745290,186909,505856,956
Operating expenses    
Operating costs33,29932,774102,59292,914
Real estate taxes44,17939,763128,123124,908
Depreciation and amortization84,77381,724254,132246,356
Impairment of real estate assets004,5971,898
General and administrative29,09425,30986,79676,415
Total operating expenses191,345179,570576,240542,491
Other income (expense)    
Dividends and interest8851198242
Interest expense(48,726)(48,918)(143,934)(147,601)
Gain on sale of real estate assets15,76811,12260,66749,489
Loss on extinguishment of debt, net0(27,116)(221)(28,345)
Other(789)390(2,937)694
Total other expense(33,659)(64,471)(86,227)(125,521)
Net income$ 79,741$ 46,145$ 247,038$ 188,944
Earnings Per Share [Abstract]    
Basic (usd per share)$ 0.26$ 0.15$ 0.82$ 0.63
Diluted (usd per share)$ 0.26$ 0.15$ 0.82$ 0.63
Weighted average shares:    
Basic (in shares)300,213297,188299,626297,165
Diluted (in shares)301,341298,269300,784298,209

BRX Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Real estate  
Land$ 1,830,251$ 1,773,448
Buildings and improvements9,043,5908,654,966
Real estate, gross10,873,84110,428,414
Accumulated depreciation and amortization(2,943,592)(2,813,329)
Real estate, net7,930,2497,615,085
Cash and cash equivalents23,591296,632
Restricted cash7,6611,111
Marketable securities22,04720,224
Receivables, net249,039234,873
Deferred charges and prepaid expenses, net160,063143,503
Real estate assets held for sale30,00116,131
Other assets63,06849,834
Total assets8,485,7198,377,393
Liabilities  
Debt obligations, net5,109,4545,164,518
Accounts payable, accrued expenses and other liabilities548,084494,529
Total liabilities5,657,5385,659,047
Commitments and contingencies (Note 15)00
Equity  
Common stock2,9992,972
Additional paid-in capital3,292,0453,231,732
Accumulated other comprehensive income (loss)8,028(12,674)
Distributions in excess of net income(474,891)(503,684)
Total equity2,828,1812,718,346
Total liabilities and equity8,485,7198,377,393
Brixmor Operating Partnership LP  
Real estate  
Land1,830,2511,773,448
Buildings and improvements9,043,5908,654,966
Real estate, gross10,873,84110,428,414
Accumulated depreciation and amortization(2,943,592)(2,813,329)
Real estate, net7,930,2497,615,085
Cash and cash equivalents22,662281,474
Restricted cash7,6611,111
Marketable securities22,04720,224
Receivables, net249,039234,873
Deferred charges and prepaid expenses, net160,063143,503
Real estate assets held for sale30,00116,131
Other assets63,06849,834
Total assets8,484,7908,362,235
Liabilities  
Debt obligations, net5,109,4545,164,518
Accounts payable, accrued expenses and other liabilities548,084494,529
Total liabilities5,657,5385,659,047
Commitments and contingencies (Note 15)00
Equity  
Common stock2,819,2242,715,863
Accumulated other comprehensive income (loss)8,028(12,675)
Total equity2,827,2522,703,188
Total liabilities and equity$ 8,484,790$ 8,362,235