Brixmor Property Group, Inc. | REIT Profile

Symbol: BRX
CIK: 1581068
Exchange: NYSE
Founded: 1985 (36 years)
HQ: New York, NY, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Retail

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See BRX on SEC.gov

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Overall Score: 6.7

See score breakdown | See trend

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More


Brixmor Property Group, Inc. Company Logo

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Hightlights of Trading Day December 6, 2021


Open Price: $23.73
Closing Price: $24.04
Price Change: 0.71 (3.043%)
Lowest Price: $23.6
Highest Price: $24.38

52-Week Low: $14.86
52-Week High: $25.83
52-Week Change: 47.88%

5 Day Price Change: -1.85%
1 Month Price Change: -8.55%
3 Month Price Change: -0.34%
6 Month Price Change: 1.71%
YTD Price Change: 47.17%
1 Year Price Change: 47.88%
2 Year Price Change: 17.74%
5 Year Price Change: 23.42%

Dividend of Trading Day December 6, 2021


Dividend Yield: 3.577%*
Annualized Dividend: $0.86*
Dividend Yield (TTM): 3.634%
Annualized Dividend (TTM): $0.8478
Ex-Dividend Date: 2021-10-04
Next Ex-Dividend: 2022-01-04
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest News Headlines


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Funds From Operations (FFO)


Funds From Operations (FFO)

Key Stats of Trading Day December 6, 2021


Total Cash: $417,967,000
Current Debt: $495,229,000
Revenue: $1,126,366,000
Gross Profit: $1,126,366,000
Total Revenue: $1,126,366,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $735,091,000
Revenue Per Share: $4
Revenue Per Employee: $2,361,354
Employee: 477
Debt to Equity Ratio (D/E): 3.10
Profit Margin: 0.19%
Enterprise Value (EV): $11,691,967,729
Enterprise Value to Revenue (EV/R): 10.38
Price to Sales (P/S): 6.17
Price to Book (P/B): 2.58
Price/Earnings-to-Growth (PEG) Ratio: 0.95
P/E Ratio: 33.76
P/E High: 12.85
P/E Low: 9.69
Forward P/E Ratio: 32.41
Market Capitalization: $7,139,602,218
Beta: 1.16
Latest Volume: 2,656,746
Avg. Total Volume: 2,028,639
Avg. 10-Day Volume: 2,818,103
Avg. 30-Day Volume: 2,028,639
TTM EPS: 0.71
Shares Outstanding: 296,988,445
Float: N/A
50-Day Moving Avg.: $24.14
200-Day Moving Avg.: $23.12

Latest REIT Community Comments on #BRX


See more community comments related to BRX

Properties Owned by BRX


Properties Based on REIT's Official Presentation

Properties Types States Countries
421 1 36 1

Please visit REIT’s official webpage for the most up-to-date property list.

BRX Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website

Occupancy Rate



Different REITs may report Occupancy levels in various forms/calculations. Some of the terms used to describe occupancy are Portfolio Occupancy, Weighted Average Occupancy, Ending Occupancy, Economic Occupancy, Leased Occupancy, Physical Occupancy, Pro Forma Occupancy, Same-Property Occupancy, Stabilized Portfolio Occupancy, Comparable Occupancy, Lease Rate, Percent Leased, among others. Some REITs interchange the words Occupancy and Leased while others use them to distinguish between data points. Some REITs also vary the use of the words over time through their earning reports. Therefore the information provided here is our best attempt at collecting data on occupancy/leased trends. However, it may not be accurate or comparable between different REITs.

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $21.58 per share you would have been able to buy 46 shares of BRX on 2020-12-07 costing $992.68 @ $21.58 per share you would have been able to buy 23 shares of BRX on 2020-12-07 costing $496.34 @ $21.58 per share you would have been able to buy 11 shares of BRX on 2020-12-07 costing $237.38 @ $21.58 per share you would have been able to buy 4 shares of BRX on 2020-12-07 costing $86.32 @ $21.58 per share you would have been able to buy 2 shares of BRX on 2020-12-07 costing $43.16
Current worth On 2021-12-06 these 46 shares would be worth $1,105.84 @ $24.04 On 2021-12-06 these 23 shares would be worth $552.92 @ $24.04 On 2021-12-06 these 11 shares would be worth $264.44 @ $24.04 On 2021-12-06 these 4 shares would be worth $96.16 @ $24.04 On 2021-12-06 these 2 shares would be worth $48.08 @ $24.04
Dividends earned $39.56 in dividends would have been earned since 2020-12-07 with 46 shares. $20 in dividends would have been earned since 2020-12-07 with 23 shares. $9.46 in dividends would have been earned since 2020-12-07 with 11 shares. $3.44 in dividends would have been earned since 2020-12-07 with 4 shares. $1.72 in dividends would have been earned since 2020-12-07 with 23 shares.
Net (gain / loss)* 152.72 USD 76.36 USD 36.52 USD 13.28 USD 6.64 USD
ROI** 15.38% 15.38% 15.38% 15.38% 15.38%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by BRX. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
BRX 2021-10-04 0.215 --- 2021-08-02 2021-10-05 2021-10-15
BRX 2021-07-02 0.215 --- 2021-05-03 2021-07-06 2021-07-15
BRX 2021-04-01 0.215 --- 2021-02-11 2021-04-05 2021-04-15
BRX 2021-01-05 0.215 -24.56% 2020-11-04 2021-01-06 2021-01-15
BRX 2020-04-03 0.285 --- 2020-02-10 2020-04-06 2020-04-15
BRX 2020-01-03 0.285 1.79% 2019-10-28 2020-01-06 2020-01-15
BRX 2019-10-03 0.280 --- 2019-07-29 2019-10-04 2019-10-15
BRX 2019-07-03 0.280 --- 2019-04-29 2019-07-05 2019-07-15
BRX 2019-04-04 0.280 --- 2019-02-11 2019-04-05 2019-04-15
BRX 2019-01-03 0.280 1.82% 2018-10-29 2019-01-04 2019-01-15
BRX 2018-10-04 0.275 --- 2018-07-30 2018-10-05 2018-10-15
BRX 2018-07-05 0.275 --- 2018-04-30 2018-07-06 2018-07-16
BRX 2018-04-04 0.275 --- 2018-02-12 2018-04-05 2018-04-16
BRX 2018-01-03 0.275 5.77% 2017-10-30 2018-01-04 2018-01-16
BRX 2017-10-04 0.260 --- 2017-07-31 2017-10-05 2017-10-16
BRX 2017-07-03 0.260 --- 2017-05-01 2017-07-06 2017-07-17
BRX 2017-04-03 0.260 --- 2017-02-13 2017-04-05 2017-04-17
BRX 2017-01-03 0.260 6.12% 2016-10-24 2017-01-05 2017-01-17
BRX 2016-10-03 0.245 --- 2016-07-25 2016-10-05 2016-10-17
BRX 2016-07-01 0.245 --- 2016-04-26 2016-07-06 2016-07-15

Financial Statements Overview


The next Earnings Report for BRX is 2022-02-10

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Current Cash 417,967,000 422,332,000 390,139,000 388,223,000
Receivables 229,421,000 228,583,000 231,461,000 240,323,000
Inventory 0 0 0 0
Current Assets 801,568,000 792,131,000 759,133,000 769,218,000
Current Assets (Other) 147,014,000 139,974,000 136,251,000 139,260,000
Short Term Investments 147,014,000 139,974,000 136,251,000 139,260,000
Long-term Investments 7,549,545,000 7,563,042,000 7,535,953,000 7,572,929,000
Property, Plant & Equipment Net 7,458,869,000 7,513,754,000 7,474,043,000 7,504,113,000
Goodwill 0 0 0 0
Intangible Assets 0 0 0 0
Other Assets 48,665,000 49,288,000 49,521,000 50,802,000
Net Tangible Assets 2,692,509,000 2,704,344,000 2,671,203,000 2,680,701,000
Total Assets 8,351,113,000 8,355,173,000 8,295,086,000 8,342,147,000
Accounts Payable 0 0 0 0
Liabilities (Other) 0 0 0 0
Current Liabilities (Other) 495,229,000 483,791,000 458,022,000 494,116,000
Total Current Liabilities 495,229,000 483,791,000 458,022,000 494,116,000
Current Long-term Debt 0 0 0 0
Long-term Debt 5,163,375,000 5,167,038,000 5,165,861,000 5,167,330,000
Total Liabilities 5,658,604,000 5,650,829,000 5,623,883,000 5,661,446,000
Minority Interest 0 0 0 0
Common Stock 297,188,000 297,216,000 297,110,000 296,939,000
Retained Earnings -513,056,000 -494,861,000 -520,945,000 -508,196,000
Treasury Stock 0 0 0 0
Capital Surplus 0 0 0 0
Shareholder Equity 2,692,509,000 2,704,344,000 2,671,203,000 2,680,701,000

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Total Revenue 290,186,000 287,024,000 279,746,000 269,410,000
Cost of Revenue 0 0 0 0
Gross Profit 290,186,000 287,024,000 279,746,000 269,410,000
Research and Development 0 0 0 0
Selling General and Admin 25,309,000 26,461,000 24,645,000 23,499,000
Operating Expense 179,570,000 178,685,000 182,338,000 181,287,000
Operating Income 110,616,000 108,339,000 97,408,000 88,123,000
Income Expense Net (Other) 0 0 0 0
EBIT 110,616,000 108,339,000 97,408,000 88,123,000
Interest Income 48,918,000 49,689,000 48,994,000 51,791,000
Pretax Income 46,145,000 90,428,000 52,371,000 24,404,000
Income Tax 0 0 0 0
Minority Interest 0 0 0 0
Net Income 45,938,000 90,135,000 52,185,000 24,321,000
Net Income Basic 45,938,000 90,135,000 52,185,000 24,321,000

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Net Income 45,938,000 90,135,000 52,185,000 24,321,000
Depreciation 81,724,000 81,212,000 83,420,000 335,583,000
Changes in Receivables 229,421,000 228,583,000 231,461,000 240,323,000
Changes in Inventories 0 0 0 0
Cash Change 417,967,000 422,332,000 390,139,000 388,223,000
Cash Flow 150,018,000 164,349,000 110,513,000 119,469,000
Capital Expenditures -77,121,000 -135,346,000 -66,623,000 -284,756,000
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -55,077,000 -66,911,000 -34,125,000 -26,995,000
Dividends Paid 0 0 0 0
Net Borrowings 4,598,394,000 4,604,732,000 4,639,471,000 4,639,847,000
Cash Flow Financing -95,963,000 -212,318,000 73,791,000 -479,031,000
Financing Cash Flows (Other) 0 0 0 0
Exchange Rate Effect 0 0 0 0

About Brixmor Property Group, Inc.


Brixmor Property Group, a real estate investment trust (REIT), is a leading owner and operator of high-quality, open-air shopping centers. The Company's more than 500 retail centers comprise 85 million square feet in established trade areas across the nation and are supported by a diverse mix of highly productive non-discretionary and value-oriented retailers, as well as consumer-oriented service providers. Brixmor is committed to maximizing the value of its portfolio by prioritizing investments, cultivating relationships and capitalizing on embedded growth opportunities through driving rents, increasing occupancy and pursuing value-enhancing reinvestment opportunities. Headquartered in New York City, Brixmor is a partner to more than 5,500 best-in-class national, regional and local tenants and is the largest landlord to The TJX Companies and The Kroger Company.

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
0 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 3.7
7 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.4
Rating AFFO & Efficiency Section Avg. Rating
7 FFO Trend: Analysis of the REIT’s FFO trend during the last two years. 7.8
7 FFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. 6.8
10 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 8.3
10 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 9.0
Rating Leverage Section Avg. Rating
8 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 7.2
10 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 8.8
8 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.9
8 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 8.5
4 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.0
8 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.9
Rating Asset & Revenue Section Avg. Rating
8 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 6.2
5 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.2
Rating Properties Section Avg. Rating
7 Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. 7.1
7 Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. 6.3
9 Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. 8.2
8 Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. 8.0
Rating Market Cap Section Avg. Rating
4 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.3
6.7 Overall REITRating™ Score (See trend) 6.2

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

REITProperty


Below are some of the properties owned by this BRX. Please click on the property name to see more details. See complete list of properties.

Name Type Address City State
Springdale Retail 3250 Airport Boulevard Mobile AL
Payton Park Retail 41301 US Highway 280 Sylacauga AL
Shops of Lake Tuscaloosa Retail 4851 Rice Mine Road NE Tuscaloosa AL

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Last updated: 2021-12-07 - v2.4