Brixmor Property Group, Inc. | REIT Profile

Symbol: BRX
CIK: 1581068
Exchange: NYSE
Founded: 1985 (40 years)
HQ: New York, NY, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Retail

See BRX on Yahoo Finance
See BRX on SEC.gov

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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.


Brixmor Property Group, Inc. Company Logo

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REITMovers


REITMovers tracks the stock price and other indicators for all US REITs tracked by REITNotes during normal trading hours. This data is updated every 4 minutes during normal trading hours. Note: All prices have a 15 minute delay.


Latest Price High Low Open Previous Close Volume Change $ Change %
$25.27 $25.41 $25.12 $25.28 $25.15 2,301,120 $0.12 0.48%

Last update: 2025-05-08 12:56:49 PST

REITRating™ Trend


REITRating™ is REITNotes' Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. See score breakdown. The graph below plots the overall REITRating™ score for the last trading days. See complete trend.

Overall REITRating Score: 8.0

Dividend of Trading Day 2025-05-08


Dividend Yield: 4.55%*
Annualized Dividend: $1.15*
Dividend Yield (TTM): 4.5%
Annualized Dividend (TTM): $1.135
Ex-Dividend Date: 2025-07-02
Dividend Date: 2025-07-15
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 REIT Press Releases


See more Press Releases for Brixmor Property Group, Inc.

Funds From Operations (FFO)



FFO Amount and Payout Ratio

Below are the FFO amounts, dividends, and payout ratios for the last two quarters for BRX.

Year Quarter Type Amount Dividend Paid Payout Ratio
2024 Q4 FFO $--- $--- ---%
2024 Q3 FFO $--- $--- ---%

REITNotes uses the REIT's Funds From Operation (FFO) per diluted share informed in the REIT’s Quarterly Earning Reports and its announced dividend per diluted share. For some REITs, we also display the Adjusted Funds From Operations (AFFO), Core FFO, Normalized FFO (NFFO), Modified FFO (MFFO), Operating FFO as provided by the REIT. REITNotes™ calculates the payout ratio by dividing the dividend value paid during the current quarter by the FFO declared in the previous Quarter. E.g., we divide the dividend value paid in Q3 by the FFO reported in Q2. This is because although paid in Q3, the dividend value is usually declared during the previous quarter. FFO is a non-GAAP measure recognized by the SEC and provided by the REITs as a supplemental measure of their operating performance. FFO is not meant to be an indicator of the REIT’s capacity to pay current or future dividends nor to be a substitute to the REIT's cash flow from operations. It is recommended to check the REIT's website, Earning Reports and dividend announcements for the latest and updated information.


Funds From Operations (FFO)

Key Stats of Trading Day 2025-05-08


Market Capitalization: $7,743,318,000 [?]
EBITDA: $851,590,000 [?]
P/E (Price-to-Earnings) Ratio: 24.10 [?]
PEG (Price/Earnings to Growth) Ratio: 1.68 [?]
Book Value: 9.65 [?]
Dividend Per Share (DPS): $1.12 [?]
Earnings Per Share (EPS): 1.05 [?]
Revenue Per Share (TTM): $4.28 [?]
Profit Margin: 24.60% [?]
Operating Margin (TTM): 35.40% [?]
Return on Assets (TTM): 3.39% [?]
Return on Equity (TTM): 11.00% [?]
Revenue (TTM): $1,302,325,000 [?]
Gross Profit (TTM): $979,670,000 [?]
Diluted EPS (TTM): $1.05 [?]
Quarterly Earnings Growth YOY: -21.80% [?]
Quarterly Revenue Growth YOY: 5.40% [?]
Trailing P/E: 24.10 [?]
Forward P/E: 30.49 [?]
Beta: 1.25 [?]
Price-to-Sales Ratio (TTM): 5.95 [?]
Price-to-Book (P/B): 2.62 [?]
Enterprise Value (EV) to Revenue: 9.77 [?]
EV to EBITDA: 13.61x [?]
Shares Outstanding: 306,060,000 [?]
52 Week High: $30.02 [?]
52 Week Low: $20.42 [?]
50 Day Moving Average: $25.86 [?]
200 Day Moving Average: $26.94 [?]

Properties Owned by BRX


BRX Sample Property

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

Occupancy Rate


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 @ $25.21 per share you would have been able to buy 39 shares of BRX on 2024-05-09 costing $983.19 @ $25.21 per share you would have been able to buy 19 shares of BRX on 2024-05-09 costing $478.99 @ $25.21 per share you would have been able to buy 9 shares of BRX on 2024-05-09 costing $226.89 @ $25.21 per share you would have been able to buy 3 shares of BRX on 2024-05-09 costing $75.63 @ $25.21 per share you would have been able to buy 1 shares of BRX on 2024-05-09 costing $25.21
Current worth On 2025-05-08 these 39 shares would be worth $979.49 @ $25.12 On 2025-05-08 these 19 shares would be worth $477.19 @ $25.12 On 2025-05-08 these 9 shares would be worth $226.04 @ $25.12 On 2025-05-08 these 3 shares would be worth $75.35 @ $25.12 On 2025-05-08 these 1 shares would be worth $25.12 @ $25.12
Dividends earned $54.89 in dividends would have been earned since 2024-05-09 with 39 shares. $27 in dividends would have been earned since 2024-05-09 with 19 shares. $12.67 in dividends would have been earned since 2024-05-09 with 9 shares. $4.22 in dividends would have been earned since 2024-05-09 with 3 shares. $1.41 in dividends would have been earned since 2024-05-09 with 19 shares.
Net (gain / loss)* 51.19 USD 24.94 USD 11.81 USD 3.94 USD 1.31 USD
ROI** 5.21% 5.21% 5.21% 5.21% 5.21%

*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 2025-07-02 0.288 --- 2025-04-28 2025-07-02 2025-07-15
BRX 2025-04-02 0.288 --- 2025-02-10 2025-04-02 2025-04-15
BRX 2025-01-03 0.288 5.50% 2024-10-28 2025-01-03 2025-01-15
BRX 2024-10-02 0.273 --- 2024-07-29 2024-10-02 2024-10-15
BRX 2024-07-02 0.273 --- 2024-04-29 2024-07-02 2024-07-15
BRX 2024-04-01 0.273 --- 2024-02-12 2024-04-02 2024-04-15
BRX 2024-01-02 0.273 4.81% 2023-10-30 2024-01-03 2024-01-16
BRX 2023-10-02 0.260 --- 2023-07-31 2023-10-03 2023-10-16
BRX 2023-07-03 0.260 --- 2023-05-01 2023-07-05 2023-07-17
BRX 2023-04-03 0.260 --- 2023-02-13 2023-04-04 2023-04-17
BRX 2023-01-03 0.260 8.33% 2022-11-01 2023-01-04 2023-01-17
BRX 2022-10-03 0.240 --- 2022-08-01 2022-10-04 2022-10-17
BRX 2022-07-01 0.240 --- 2022-05-02 2022-07-05 2022-07-15
BRX 2022-04-04 0.240 --- 2022-02-07 2022-04-05 2022-04-18
BRX 2022-01-04 0.240 11.63% 2021-11-01 2022-01-05 2022-01-18
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

Financial Statements Overview


The next Earnings Report for BRX is

Balance Sheet | Quarterly


Assets 2025-03-31 2024-12-31 QoQ
Current Assets
  Cash and Cash Equivalents at Carrying Value 106,534,000 377,616,000
  Short-Term Investments 19,913,000 20,301,000
  Cash and Short Term Investments 106,534,000 377,616,000
  Current Net Receivables 274,082,000 0
  Inventory 0 0
  Other Current Assets 5,870,000 5,265,000
  Total Current Assets 406,399,000 685,129,000 -40.7%
Non-Current Assets
  Property Plant Equipment 0 0
  Accumulated Depreciation Amortization PPE 0 0
  Long-Term Investments 0 0
  Investments 0 0
  Intangible Assets Excluding Goodwill 0 0
  Goodwill 0 0
  Intangible Assets 0 0
  Other Non-Current Assets 0 0
  Total Non-Current Assets 8,188,360,000 8,223,785,000 -0.4%
  Total Assets 8,594,759,000 8,908,914,000 -3.5%
Liabilities
Current Liabilities
  Current Accounts Payable 0 0
  Deferred Revenue 0 0
  Current Debt 0 0
  Short-Term Debt 496,048,000 495,425,000
  Current Long-Term Debt 496,048,000 495,425,000
  Short Long-Term Debt Total 5,104,112,000 5,339,751,000
  Other Current Liabilities 536,618,000 585,241,000
  Total Current Liabilities 1,032,666,000 1,080,666,000 -4.4%
Non-Current Liabilities
  Long-Term Debt Noncurrent 0 0
  Long-Term Debt 4,608,064,000 4,844,326,000
  Capital Lease Obligations 0 0
  Other Non-Current Liabilities 0 0
  Total Non-Current Liabilities 4,608,064,000 4,844,326,000
  Total Liabilities 5,640,730,000 5,924,992,000 -4.8%
Shareholders' Equity
  Common Stock 3,061,000 3,055,000
  Common Stock Shares Outstanding 307,252,000 304,038,000
  Treasury Stock 0 0
  Retained Earnings -477,401,000 -458,638,000
  Total Shareholder Equity 2,953,777,000 2,983,678,000 -1.0%

Amounts in USD ($)

Income Statement | Quarterly


2025-03-31 2024-12-31 QoQ
Total Revenue 337,512,000 328,442,000 2.8%
  Cost of Revenue   44,893,000   85,939,000
  Cost of Goods and Services Sold   44,893,000   85,939,000
Gross Profit 292,619,000 242,503,000 20.7%
  Research and Development   0   0
  Selling General and Administrative   28,173,000   27,933,000
  Depreciation   0   0
  Depreciation and Amortization   105,597,000   92,164,000
  Operating Expenses   172,981,000   131,264,000
Operating Income 119,638,000 111,239,000 7.6%
  EBIT (Earnings Before Interest and Tax)   126,190,000   150,014,000
  Investment Income Net   0   0
  Net Interest Income   -54,084,000   -55,441,000
  Interest Income   0   0
  Interest Expense   54,084,000   55,441,000
  Interest and Debt Expense   0   0
  Non Interest Income   0   0
  Other Non Operating Income   0   0
Income Before Tax 69,737,000 83,406,000 -16.4%
  Income Tax Expense -6,560,000 0
Net Income from Continuing Operations 69,737,000 83,406,000
Net Income 69,729,000 83,404,000 -16.4%
Comprehensive Income Net of Tax 0 0
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) 231,787,000 242,178,000

Amounts in USD ($)

Cash Flow | Quarterly


Cash Flows from Operating Activities 2025-03-31 2024-12-31 QoQ
  Net Income 69,737,000 83,406,000 -16.4%
  Depreciation, Depletion, and Amortization 102,321,000 92,164,000
  Change in Receivables 0 0
  Change in Inventory 0 0
  Change in Operating Assets 0 0
  Change in Operating Liabilities 0 0
  Payments for Operating Activities 0 0
  Proceeds from Operating Activities 0 0
  Profit Loss 0 0
  Net Cash Provided by Operating Activities 130,088,000 155,173,000 -16.2%
Cash Flows from Investing Activities
  Capital Expenditures 0 0
  Net Cash Used in Investing Activities 0 0
Cash Flows from Financing Activities
  Proceeds from Issuance of Common Stock 0 0
  Proceeds from Issuance of Preferred Stock 0 0
  Proceeds from Issuance of Long-Term Debt 0 0
  Proceeds from Repurchase of Equity -78,000 0
  Proceeds from Sale of Treasury Stock 0 0
  Repayment of Short-Term Debt 0 0
  Payments for Repurchase of Common Stock 0 0
  Payments for Repurchase of Preferred Stock 0 0
  Payments for Repurchase of Equity 0 0
  Dividend Payout 89,465,000 82,627,000
  Dividend Payout - Common Stock 89,465,000 82,627,000
  Dividend Payout - Preferred Stock 0 0
  Net Cash Provided by Financing Activities -337,893,000 11,909,000 -2,937.3%
Other Items
  Effect of Exchange Rate on Cash 0 0
  Net Increase in Cash and Cash Equivalents 0 0

Amounts in USD ($)

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
10 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 5.0
10 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 8.0
9 Dividend to FFO Payout Ratio Health: Analysis of the REIT’s Dividend to FFO Payout Ratios during the last four quarters. 9.0
8 Dividend to FFO Payout Ratio Trend: Analysis of the REIT’s Dividend to FFO Payout Ratios trend during the last two years. 7.5
Rating AFFO & Efficiency Section Avg. Rating
9 FFO Trend: Analysis of the REIT’s FFO trend during the last two years. 8.7
10 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 9.6
7 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 8.8
Rating Leverage Section Avg. Rating
4 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.2
6 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.8
Rating Asset & Revenue Section Avg. Rating
8 G&A Effeciency Level: Analysis of the REIT’s General and Administrative expenses in relationship to its Revenues. 6.4
9 G&A Effeciency Trend: Analysis of the Trend of the REIT’s General and Administrative expenses in relationship to its Revenues. 7.5
7 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 6.3
8 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.0
Rating Properties Section Avg. Rating
8 Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. 7.8
9 Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. 7.7
8 Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. 8.1
Rating Market Cap Section Avg. Rating
5 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.2
8.0 Overall REITRating™ Score (See trend) 6.6

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
23rd Street Station Retail 650 West 23rd Street Panama City FL
69th Street Plaza Retail 501 South 69th Street Upper Darby PA
Acme Clark Retail Raritan Road and Commerce Place Clark NJ

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Last updated: 2025-05-09 - v6.3