Brixmor Property Group (BRX)
Real Estate · Retail REIT - Shopping Centers
A large-cap REIT owning and operating 348 grocery-anchored shopping centers with 63 million square feet across the top U.S. markets, generating stable rental income from value-oriented retail tenants.
What Brixmor Property Group does
Brixmor Property Group is an internally-managed REIT that owns and operates one of the largest publicly traded open-air retail portfolios in the U.S., comprising 348 grocery-anchored community and neighborhood shopping centers with approximately 63 million square feet of gross leasable area. The company's portfolio is primarily located in the top 50 Core-Based Statistical Areas and anchored by non-discretionary and value-oriented retailers. Revenue is derived primarily from base rent and tenant expense reimbursements from properties across the national footprint.
Themes: ["retail real estate","grocery-anchored shopping centers","REIT","community retail","value retail"]
Fundamentals
- Price$30.94 as of 2026-07-09 close
- Market cap$9.6B as of 2026-07-10
- 1-year return+21.1% as of 2026-07-09 close
- P/E21.52 as of 2026-07-10
- Net margin+32.0% as of 2026-07-10
- Gross margin+75.3% as of 2026-07-10
- ROE+14.9% as of 2026-07-10
- Debt / equity1.81 as of 2026-07-10
- Revenue growth (YoY)+6.7% as of 2026-07-10
- Beta0.98 as of 2026-07-10
Dividend: yield +4.0%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Dependence on tenant rental payments and ability to maintain or increase rental rates; loss of major tenants or ability to renew expiring leases could adversely impact rental income","Rising property operating expenses including maintenance, utilities, insurance, and real estate taxes that may not be fully reimbursed by tenants","Exposure to economic downturns and consumer spending patterns affecting retail tenants' performance and ability to pay rent"]
Competitors & peers
- Regency Centers Corporation
- Uniti Group
- Retail Opportunity Investments Corp
- Whitestone REIT
- Necessity Retail REIT
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.