Brixmor Property

Brixmor Property

BRX · NYSE · Real Estate / REIT - Retail

30.30USD+0.07 (+0.23%)

Price History

Full chart

Market Stats

Previous Close30.23
Open30.36
Day Range30.21 – 30.50
52-Week Range23.87 – 32.86
Volume2.79M
Market Cap8.51B
P/E (TTM)19.67
Forward P/E25.19
EPS1.41
Dividend Yield4.45%
Beta0.95
50-Day Avg29.95
200-Day Avg29.32

About

Brixmor Property Group Inc. owns and operates a high-quality, national portfolio of open-air shopping centers. The Company's 346 retail centers comprise approximately 63 million square feet of prime retail space in established trade areas. Brixmor's properties reflect their 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 valued partner to a broad range of retailers, including The TJX Companies, The Kroger Co., Publix Super Markets and Ross Stores. Brixmor Property Group Inc. was established on May 27, 2011 and is based in New York, United States.

Company Details

  • SectorReal Estate
  • IndustryREIT - Retail
  • CEOMr. Brian T. Finnegan
  • Employees462
  • Headquarters100 Park Avenue, New York, NY, United States, 10017, USA
  • Websitehttps://www.brixmor.com

Leadership

  • Mr. Brian T. FinneganCEO, President & Director · b. 1981
  • Mr. Steven T. GallagherExecutive VP, CFO & Treasurer · b. 1982
  • Mr. Mark T. HorganExecutive VP & Chief Investment Officer · b. 1976
  • Mr. Steven F. Siegel J.D.Executive VP, General Counsel & Secretary · b. 1960
  • Mr. Kevin BrydzinskiSenior VP & Chief Accounting Officer
  • Ms. Helane G. SteinExecutive VP & Chief Information Officer
  • Ms. Stacy SlaterExecutive Vice President of Investor Relations, Capital Markets & Corporate Strategy
  • Ms. Kristen MooreSenior Vice President of Marketing
  • Mr. David GerstenhaberSenior VP & Head of Leasing
  • Mr. Barry S. RodensteinSenior Vice President of Re/Development Leasing · b. 1961

Financials

Income Statement

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.13B1.11B1.13B1.17B1.24B1.27B1.28B1.28B1.23B1.17B1.05B1.15B1.22B1.25B1.29B1.37B
Growth (%)--1.04%+1.12%+4.34%+5.27%+2.38%+0.77%+0.58%-3.81%-5.35%-9.84%+9.40%+5.71%+2.21%+3.21%+6.73%
Cost of Revenue291.91M288.26M287.57M295.90M308.65M310.39M307.92M315.19M313.62M295.86M280.62M297.79M311.79M319.99M317.12M340.52M
Gross Profit833.20M825.12M838.22M878.80M927.95M955.59M967.86M967.99M920.72M872.39M772.64M854.49M906.28M925.05M967.94M1.03B
Gross Margin74.06%74.11%74.46%74.81%75.04%75.48%75.86%75.44%74.59%74.67%73.36%74.16%74.40%74.30%75.32%75.17%
Operating Expense501.69M594.20M605.31M580.70M796.15M770.94M715.40M699.26M455.92M102.31M98.28M432.61M461.96M117.13M497.76M527.60M
Operating Income331.51M230.92M232.91M298.11M131.79M184.65M252.45M268.73M464.80M770.09M674.37M421.88M444.33M807.92M470.18M503.48M
Operating Margin29.46%20.74%20.69%25.38%10.66%14.59%19.79%20.94%37.66%65.92%64.03%36.61%36.48%64.89%36.59%36.71%
EBITDA726.11M694.95M714.73M694.64M817.21M800.30M866.43M902.06M817.04M751.26M657.87M792.12M891.35M858.10M936.67M1.03B
EBITDA Margin64.54%62.42%63.49%59.13%66.09%63.22%67.91%70.30%66.19%64.31%62.46%68.74%73.18%68.92%72.89%74.79%
Net Income-321.39M67.51M-122.57M-93.53M89.00M193.72M275.63M300.29M366.28M274.77M121.17M270.19M354.19M305.09M339.27M386.23M
Net Income Margin-28.57%6.06%-10.89%-7.96%7.20%15.30%21.60%23.40%29.67%23.52%11.50%23.45%29.08%24.50%26.40%28.16%
R&D---0000.250.230.30.240.120.230.290.25--
R&D as % of Total Revenue---0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense374.39M394.35M386.38M348.00M262.81M245.01M226.67M226.66M215.03M189.78M199.99M194.78M192.43M190.73M215.99M224.69M
Interest Expense % of Total Revenue33.28%35.42%34.32%29.62%21.25%19.35%17.77%17.66%17.42%16.24%18.99%16.90%15.80%15.32%16.81%16.38%

Balance Sheet

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets--10.03B9.60B10.17B9.70B9.50B9.32B9.15B8.24B8.14B8.34B8.38B8.44B8.33B8.91B9.13B
Total Liabilities--7.57B7.33B6.89B6.72B6.58B6.39B6.25B5.41B5.40B5.66B5.66B5.57B5.48B5.92B6.12B
Total Equity--1.86B1.72B3.28B2.98B2.92B2.93B2.91B2.84B2.74B2.68B2.72B2.87B2.85B2.98B3.01B
Cash--157.61M103.10M113.92M60.59M69.53M51.40M56.94M41.74M19.10M368.68M296.63M16.49M866.00K377.62M361.53M
Total Debt--6.69B6.50B7.60B8.66B8.49B8.06B7.26B5.69B4.87B5.81B5.46B5.08B4.93B5.34B5.87B
Net Debt--6.54B6.40B5.87B5.98B5.90B5.79B5.62B4.84B4.84B4.84B4.90B5.06B4.93B4.96B5.51B

Cash Flow

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow308.89M173.84M268.85M331.99M479.21M534.02M567.20M551.94M541.69M528.67M443.10M552.24M566.38M588.79M624.69M652.01M
Investing Cash Flow-43.71M-1.41B-118.70M-86.37M-200.83M-189.07M-151.61M-52.87M669.60M-172.06M-167.25M-331.00M-462.45M-163.08M-437.02M-452.23M
Financing Cash Flow-130.69M1.13B-204.65M-234.81M-331.70M-336.02M-433.71M-491.16M-1.27B-385.85M72.71M-293.58M-380.41M-428.07M172.12M-216.94M
Capital Expenditure26.46M57.09M130.96M97.84M207.84M187.91M136.36M202.87M268.69M184.58M288.18M567.38M740.04M345.16M647.12M740.65M
Free Cash Flow308.89M173.84M268.85M331.99M479.21M524.00M567.49M551.95M541.69M528.67M443.10M552.24M566.38M588.79M624.69M652.01M
Dividends Paid-137.00K19.21M47.44M173.15M268.28M295.20M317.39M333.41M334.89M170.40M257.23M289.63M315.29M331.20M354.22M
FCF to OCF100.00%100.00%100.00%100.00%100.00%98.12%100.05%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF-0.08%7.14%14.29%36.13%51.20%52.02%57.50%61.55%63.35%38.46%46.58%51.14%53.55%53.02%54.33%

Earnings

Report DateDec 3, 2013Feb 19, 2014May 7, 2014Aug 5, 2014Oct 27, 2014Feb 9, 2015Apr 27, 2015Jul 27, 2015Oct 26, 2015Feb 29, 2016Apr 26, 2016Jul 25, 2016Oct 24, 2016Feb 13, 2017May 1, 2017Jul 31, 2017Oct 30, 2017Feb 12, 2018Apr 30, 2018Jul 30, 2018Oct 29, 2018Feb 11, 2019Apr 29, 2019Jul 29, 2019Oct 28, 2019Feb 10, 2020May 7, 2020Aug 3, 2020Nov 4, 2020Feb 11, 2021May 3, 2021Aug 2, 2021Nov 1, 2021Feb 7, 2022May 2, 2022Aug 1, 2022Nov 1, 2022Feb 13, 2023May 1, 2023Jul 31, 2023Oct 30, 2023Feb 12, 2024Apr 29, 2024Jul 29, 2024Oct 28, 2024Feb 10, 2025Apr 28, 2025Jul 28, 2025Oct 27, 2025Feb 9, 2026Apr 27, 2026Jul 27, 2026Oct 26, 2026
EPS Estimate0.010.050.070.070.110.050.110.100.120.150.170.150.200.200.220.210.190.190.220.200.120.120.200.190.190.200.180.070.110.060.120.130.110.180.200.210.200.200.200.220.200.200.210.220.220.220.220.210.220.230.250.580.59
EPS Actual-0.100.070.070.100.110.080.100.180.180.180.200.210.200.310.260.280.320.270.250.310.610.350.220.250.300.230.220.090.110.150.170.200.210.190.210.220.210.190.210.210.210.220.240.240.220.190.220.230.180.250.250.58-
Surprise-1100.00%40.00%0.00%42.86%0.00%60.00%-9.09%80.00%50.00%20.00%17.65%40.00%0.00%55.00%18.18%33.33%68.42%42.11%13.64%55.00%408.33%191.67%10.00%31.58%57.89%15.00%22.22%28.57%0.00%150.00%41.67%53.85%90.91%5.56%5.00%4.76%5.00%-5.00%5.00%-4.55%5.00%10.00%14.29%9.09%0.00%-13.64%0.00%9.52%-18.18%8.70%0.00%0.00%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap8.51B
Enterprise Value13.61B
Trailing P/E19.67
Forward P/E25.19
PEG Ratio1.68
Price / Sales6.06
Price / Book2.81
EPS1.41
Book Value9.85
Revenue (TTM)1.40B
Gross Profit (TTM)1.05B
EBITDA925.49M
Profit Margin30.82%
Operating Margin36.02%
Return on Equity14.41%
Return on Assets3.70%
Shares Outstanding306.87M
Shares Float303.36M
Beta0.95
Dividend Yield4.45%
Dividend Rate1.23
Payout Ratio97.74%

Analyst Ratings

Buy
Based on 18 analystsTarget 35.22
  • Strong Buy
    9
  • Buy
    5
  • Hold
    4

Ownership Breakdown

Institutions
105.68%
Insiders
0.92%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    38.76M12.63%
  • Vanguard Portfolio Management, LLC
    29.18M9.51%
  • State Street Corp
    15.30M4.99%
  • Vanguard Capital Management, LLC
    13.76M4.48%
  • CenterSquare Investment Management LLC
    12.35M4.02%
  • Franklin Templeton Inc
    9.11M2.97%
  • Amvescap Plc.
    7.40M2.41%
  • Principal Financial Group Inc
    6.64M2.16%
  • Geode Capital Management, LLC
    6.47M2.11%
  • Massachusetts Financial Services Company
    6.41M2.09%
  • Charles Schwab Investment Management Inc
    6.26M2.04%
  • Canada Pension Plan Investment Board
    5.72M1.86%
  • Northern Trust Corp
    5.35M1.74%
  • CBRE Investment Management Listed Real Assets LLC
    5.33M1.74%
  • Ameriprise Financial Inc
    5.15M1.68%
  • Dimensional Fund Advisors, Inc.
    4.78M1.56%

Top Fund Holders

  • Vanguard Real Estate Index Investor
    10.96M3.57%
  • iShares Core S&P Mid-Cap ETF
    10.75M3.50%
  • Vanguard MStar Total Stk Mkt Idx Invest
    9.73M3.17%
  • Vanguard Small Cap Index
    7.06M2.30%

Dividends

20264×
0.31Oct 2, 20260.31Jul 2, 20260.31Apr 2, 20260.31Jan 5, 2026
20254×
0.29Oct 2, 20250.29Jul 2, 20250.29Apr 2, 20250.29Jan 3, 2025
20244×
0.27Oct 2, 20240.27Jul 2, 20240.27Apr 1, 20240.27Jan 2, 2024
20234×
0.26Oct 2, 20230.26Jul 3, 20230.26Apr 3, 20230.26Jan 3, 2023
20224×
0.24Oct 3, 20220.24Jul 1, 20220.24Apr 4, 20220.24Jan 4, 2022
20214×
0.21Oct 4, 20210.21Jul 2, 20210.21Apr 1, 20210.21Jan 5, 2021