
Brixmor Property Group BRX
35.00 USD (+30.4%)
15 analysts
What does it do?
Brixmor Property Group is a US REIT that owns and operates convenience shopping centers anchored by supermarkets and big-box retailers, generating income primarily from rental leases.
Key points
from its scores- ✕Weak growth4.1
- !Somewhat demanding valuation5.5
- !Balance sheet could be stronger5.7
AI analysis
bottom line, main risk, context and newsThe dividend yield is attractive, but high leverage and a high payout limit the margin of safety in a rising rate environment.
Brixmor shows acceptable financial health (score 6.31) but with high leverage (Net Debt/EBITDA 5.63x) and an 86% payout, making it vulnerable to rising interest rates. Earnings growth is negative (-14.10%), although the dividend (4.58% net) and cash conversion (65.17%) provide some support.
The main risk is financial leverage (Net Debt/EBITDA 5.63x) combined with an 86% payout, leaving little cushion if rates keep rising and make debt refinancing more expensive.
Context and risks
Brixmor is a US shopping center REIT. The rise in long-term rates increases its cost of debt, with high leverage (Net Debt/EBITDA of 5.63x) and an 86% payout, pressuring its distribution capacity. The strong dollar does not affect it as it is a purely domestic business.
Is Brixmor Property Group stock cheap or expensive?
at the analysis dateOn P/E and Price / book, it trades 40% above the Real Estate median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 19.2 | 21.6 | −11% |
| EV / EBITDA | 14.6 | 18.5 | −21% |
| Price / book | 2.7 | 1.4 | +91% |
| Price / sales | 5.9 | 6.3 | −7% |
Sector: median of the 100 Real Estate companies analysed. In bold, the multiples used for the comparison.
Valuation score: 5.5 out of 10 (median for Real Estate: 4.9).
Average analyst target: 35.00 USD, +30.4% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 6.2 (sector 5.2), Growth 4.1 (sector 5.7).
Classic formulas with standard assumptions (0.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Real Estate medianValuation
- P/E
- 19.2
- Forward P/E
- 27.5
- EV / EBITDA
- 14.6
- Price / book
- 2.7
- Price / sales
- 5.9
- Market cap
- 8.2B USD
- Enterprise value
- 13.5B USD
Profitability
- ROE
- 14.4%
- ROA
- 3.7%
- ROIC (approx.)
- 6.0%
- Gross margin
- 75.1%
- Operating margin
- 36.0%
- Net margin
- 30.8%
- Free cash flow
- 603.1M USD
- FCF yield
- 7.3%
- Cash conversion
- 65%
Solvency
- Total debt
- 5.4B USD
- Net debt
- 5.2B USD
- Cash
- 170.9M USD
- EBITDA
- 925.5M USD
- Net debt / EBITDA
- 5.63
- Debt / equity
- 176.20
- Current ratio
- 0.60
- Quick ratio
- 0.58
Growth
- Revenue growth
- +4.3%
- Earnings growth
- −14.1%
- EPS (TTM)
- 1.40 USD
- EPS (forward)
- 0.98 USD
Dividend
- Dividend yield
- 4.6%
- Payout
- 86.4%
Risk and market
- Beta
- 0.95
- Analyst consensus
- Strong buy (15)
- Target price
- 35.00 USD
- 52-week range
- 24.66 – 32.86
Recent news
All BRX news →Compare it with its sector
All 100 in Real Estate →Frequently asked questions about Brixmor Property Group
Is Brixmor Property Group stock cheap or expensive?
On P/E and Price / book, it trades 40% above the Real Estate median on average. Valuation score: 5.5 out of 10 (median for Real Estate: 4.9). Average analyst target: 35.00 USD, +30.4% versus the price. This is not investment advice.
What score does Brixmor Property Group get on MeridIAn Screener?
It scores 5.7 out of 10, rank 1,224 of 2,130 (better than 39% of the companies analysed). Its strongest category is Quality / Moat (6.2) and its weakest, Growth (4.1). Analysis of 08/10/2026.
What is Brixmor Property Group's P/E ratio?
Its P/E is 19.2: the share price equals 19.2 times earnings per share over the last 12 months. The Real Estate median is 21.6. Based on the earnings analysts expect, the forward P/E is 27.5.
How much is Brixmor Property Group worth on the stock market?
Its market capitalisation is 8.2B USD.
Does Brixmor Property Group pay a dividend?
Yes: its dividend yield is 4.58% and it pays out 86% of its earnings.
How has Brixmor Property Group stock performed over the last year?
It has risen 5.7% over the last year, excluding dividends. Over the last 52 weeks it has traded between 24.66 and 32.86 USD. Past performance does not guarantee future results.
What do analysts think of Brixmor Property Group?
15 analysts cover it; their average recommendation is “Strong buy” and their average target is 35.00 USD (+30.4% versus the price). It is an estimate, not market data.
