BRX
Real EstateBrixmor Property Group Inc. · REIT - Retail · $9B
What is Brixmor Property Group Inc.?
Brixmor Property Group is a real estate investment trust focused on open-air shopping centers across the United States. Its national portfolio spans roughly 395 retail centers, making it one of the larger owners of community-oriented retail real estate.
Brixmor generates revenue primarily through leasing retail space in its open-air shopping centers to a diverse mix of national, regional, and local tenants. Anchor tenants include well-known names in grocery, discount retail, and fitness. The company's strategy centers on owning centers embedded in established trade areas — locations that serve everyday consumer needs and tend to sustain consistent foot traffic regardless of broader retail trends.
Brixmor was established in 2013 and is headquartered in New York City.
- Open-air shopping center ownership and operation
- Retail leasing to national and regional anchor tenants
- Community-focused trade-area retail real estate
- Property redevelopment and value-add repositioning
Is BRX a Good Stock to Buy?
UQS Score rates BRX as Below Average overall, reflecting a mixed picture across its five pillars.
The Quality pillar stands out as a genuine strength — Brixmor's portfolio of grocery- and necessity-anchored centers supports relatively stable occupancy and cash flow generation. Valuation also registers as Good, suggesting the stock is not obviously expensive relative to its fundamentals.
The Moat, Growth, and Risk pillars all register as Weak, pointing to limited competitive differentiation, constrained expansion prospects, and meaningful balance-sheet or sector-level risks that investors should weigh carefully.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does BRX pay dividends?
Yes — Brixmor Property Group Inc. pays a dividend.
Brixmor pays a regular dividend, consistent with its REIT structure — REITs are required to distribute the majority of taxable income to shareholders. Income-focused investors often screen for BRX on this basis. The dividend is supported by recurring rental income from a large, diversified tenant base, though the Risk pillar label suggests investors should monitor payout sustainability.
When does BRX report earnings?
Brixmor Property Group reports earnings on a quarterly cadence, typical for US-listed REITs.
Quarterly results tend to focus on occupancy rates, same-store net operating income trends, and leasing activity across the portfolio. Given the Weak Growth pillar label, recent reports have likely reflected modest rather than accelerating expansion in key operating metrics.
For the most recent quarter's results and upcoming reporting dates, visit Brixmor's investor relations page directly.
BRX Price History
+69.0% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Brixmor Property Group Inc.?
Based on Brixmor Property Group Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
BRX Long-term Outlook
The UQS Growth pillar for BRX is rated Weak, indicating that near-term expansion of earnings or portfolio scale is expected to be limited. The Risk pillar reinforces a cautious outlook — open-air retail REITs face ongoing headwinds from tenant credit risk, rising financing costs, and shifting consumer patterns. The Good Valuation label, however, suggests the market may already be pricing in these constraints, leaving less downside from valuation compression alone.
Growth drivers
- Redevelopment and repositioning of existing centers to attract higher-quality tenants
- Grocery and necessity-anchored tenant mix providing resilient foot traffic
- Potential rent growth as legacy leases roll to current market rates
Key risks
- Elevated interest rates increasing cost of capital for REIT balance sheets
- Tenant credit risk among smaller regional and local retailers
- Limited moat making it difficult to command premium rents over peers
BRX vs Peers
Brixmor operates in a competitive open-air and net-lease retail REIT landscape alongside several well-known peers.
Agree Realty focuses on net-lease single-tenant retail properties, offering a different risk profile compared to Brixmor's multi-tenant shopping center model.
Federal Realty concentrates on mixed-use and high-barrier coastal markets, typically commanding premium rents and a longer dividend growth track record.
NNN REIT operates a large net-lease portfolio with long-term leases, prioritizing income stability over the active asset management approach Brixmor employs.
Frequently Asked Questions
What does Brixmor Property Group do?
Brixmor owns and operates a national portfolio of open-air shopping centers. The company leases space to a broad mix of tenants — including grocery chains, discount retailers, and fitness operators — in established community trade areas across the United States.
Does BRX pay dividends?
Yes, Brixmor pays a regular dividend. As a REIT, the company is required to distribute the majority of its taxable income to shareholders, making dividend payments a core part of its investor proposition. Check Brixmor's investor relations page for the current dividend rate and payment schedule.
When does BRX report earnings?
Brixmor reports earnings on a quarterly cadence, in line with standard practice for US-listed REITs. For exact reporting dates, refer to the company's investor relations page, which maintains the official financial calendar.
Is BRX a good stock to buy?
UQS Score rates BRX as Below Average overall. The Quality pillar is Strong and Valuation is Good, but Moat, Growth, and Risk are all Weak. Whether that profile suits your portfolio depends on your income needs, risk tolerance, and time horizon. The full pillar breakdown is available to Pro members.
Is BRX overvalued?
The UQS Valuation pillar for BRX is rated Good, suggesting the stock is not obviously expensive relative to its fundamentals. That said, valuation alone does not determine investment quality — the Weak Risk and Moat scores are important context for any valuation assessment.
How does BRX compare to its competitors?
Brixmor competes with retail-focused REITs such as Agree Realty, Federal Realty, and NNN REIT. Each takes a different approach — net-lease single-tenant versus multi-tenant open-air — which affects risk, income stability, and growth potential. UQS Pro members can compare pillar scores side by side.
What is BRX's market cap bracket?
Brixmor Property Group is classified as a mid-cap stock. This places it in a range that typically offers more liquidity than small-cap REITs while remaining smaller than the largest institutional-grade real estate companies in the sector.
Who founded Brixmor Property Group?
Brixmor was formed in 2013, emerging from the retail real estate portfolio previously held by General Growth Properties. Founding and leadership history is publicly available through the company's official filings and investor relations materials.
Is BRX a long-term quality investment?
From a long-term quality perspective, BRX's Strong Quality pillar indicates the underlying portfolio has durable characteristics — necessity-anchored tenants and established locations. However, the Weak Moat and Growth scores suggest limited competitive insulation and modest expansion potential over time. Pro members can view the complete long-term quality indicators.
What is the main competitive advantage of Brixmor?
Brixmor's primary advantage lies in its large, geographically diversified portfolio of grocery- and necessity-anchored open-air centers. These tenant types tend to be more resilient to e-commerce disruption. However, the UQS Moat pillar is rated Weak, indicating this advantage may not be strongly differentiated versus peers.
What sector does BRX belong to?
BRX belongs to the Real Estate sector, specifically the retail REIT sub-category. It focuses on open-air shopping centers rather than enclosed malls, a distinction that has become increasingly relevant as consumer and retailer preferences have shifted in recent years.
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Pro Analysis
BRX — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 22, 2026 | 47.2 | 89.5 | 32.0 | 21.7 | 15.8 | 67.2 | 0.0 |
| May 21, 2026 | 47.2 | 89.5 | 32.0 | 21.7 | 15.8 | 67.6 | -0.1 |
| May 20, 2026 | 47.3 | 89.5 | 32.0 | 21.6 | 15.8 | 68.1 | 0.0 |
| May 19, 2026 | 47.3 | 89.5 | 32.0 | 21.6 | 15.8 | 67.9 | -0.1 |
| May 16, 2026 | 47.4 | 89.5 | 32.0 | 21.6 | 15.8 | 68.5 | +0.1 |
| May 14, 2026 | 47.3 | 89.5 | 32.0 | 21.6 | 15.8 | 68.3 | 0.0 |
| May 13, 2026 | 47.3 | 89.5 | 32.0 | 21.5 | 15.8 | 68.1 | 0.0 |
| May 12, 2026 | 47.3 | 89.5 | 32.0 | 21.5 | 15.8 | 68.2 | 0.0 |
| May 11, 2026 | 47.3 | 89.5 | 32.0 | 21.5 | 15.8 | 68.0 | +1.7 |
| May 10, 2026 | 45.6 | 89.5 | 32.0 | 21.5 | 15.8 | 56.6 | -0.3 |
BRX — Pillar Breakdown
Quality
— 89.5/100 (25%)Brixmor Property Group Inc. demonstrates outstanding capital efficiency and profitability, placing it among the highest-quality businesses in the market.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 21.7/100 (20%)Brixmor Property Group Inc. faces growth headwinds with declining or stagnant revenue trends.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 15.8/100 (15%)Brixmor Property Group Inc. presents elevated risk with concerns around leverage or financial stability.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 65.6/100 (15%)Brixmor Property Group Inc. trades at a reasonable valuation with decent earnings yield and FCF multiples.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
Enterprise value multiple relative to sector median.
Moat
— 32/100 (25%)Brixmor Property Group Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for BRX.
Score Composition
Financial Data
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How is the BRX UQS Score Calculated?
The UQS (Unified Quality Score) for Brixmor Property Group Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Brixmor Property Group Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Brixmor Property Group Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.