Brixmor Property Group
Owner and operator of grocery-anchored open-air shopping centers across the United States.
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Profile
Owns and operates a nationwide portfolio of primarily grocery-anchored, open-air shopping centers. Rental income is shaped through leasing and redevelopment, while acquisitions and dispositions continuously reshape the asset base; results depend on tenant demand and rent collection across hundreds of U.S. properties.
Owns and operates a nationwide portfolio of primarily grocery-anchored, open-air shopping centers in established U.S. trade areas. The properties serve national, regional, and local retailers, with everyday-needs, value-oriented tenants and service providers forming the core mix.
Leasing and redevelopment/reinvestment are the operating engine, supplemented by acquisitions and dispositions that reshape the portfolio. Local-market asset decisions and center improvements support tenant merchandising and keep properties aligned with surrounding communities.
Rental economics depend on tenant demand and rent collection across hundreds of shopping centers. Portfolio composition also changes through acquisitions, dispositions, and redevelopment, while reported performance depends on consistent definitions and controls for same-property operating metrics.
Company facts
Key statistics
Year to date +12.4% · Average volume (30d) 2.2M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Jul 28, 2026 | Stifel Nicolaus | Target | $31 | $34 | |
| Jul 21, 2026 | Piper Sandler | Reiterate | Overweight | $34 | $40 |
| Jul 9, 2026 | UBS | Reiterate | Buy | $34 | $37 |
| Jun 15, 2026 | BMO Capital | Reiterate | Outperform | $35 | $37 |
| May 27, 2026 | Truist Financial | Target | $31 | $33 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 27, 2026Q2 FY26 | $0.24 | $0.24 | −2.0% | $354.4M | $353.9M | −0.1% | −1.61% |
| Apr 27, 2026Q1 FY26 | $0.25 | $0.58 | +131.4% | $349.4M | $354.3M | +1.4% | −0.33% |
| Feb 9, 2026Q4 FY25 | $0.24 | $0.58 | +142.8% | $347.8M | $352.2M | +1.3% | +2.45% |
| Oct 27, 2025Q3 FY25 | $0.56 | $0.56 | 0.0% | $347.4M | $340.8M | −1.9% | −4.12% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $337.5M | $339.5M | $340.8M | $353.8M | $354.8M | $354.2M | |
| Gross profit | $253.4M | $256.1M | $256.5M | $265.1M | $57.1M | $265.7M | |
| Operating income | $119.6M | $123.7M | $126.5M | $133.7M | $134.1M | $121.6M | |
| Net income | $69.7M | $85.1M | $94.2M | $137.1M | $127.8M | $73.7M | |
| Diluted EPS | $0.23 | $0.28 | $0.31 | $0.44 | $0.41 | $0.24 | |
| Gross margin | 75.1% | 75.4% | 75.3% | 74.9% | 16.1% | 75.0% | |
| Operating margin | 35.4% | 36.4% | 37.1% | 37.8% | 37.8% | 34.3% |
Fiscal years (4-quarter sums)FY21 $1.15B · FY22 $1.22B · FY23 $1.25B · FY24 $1.29B · FY25 $1.37B
Balance sheet, Jun 30, 2026Cash & short-term investments $194.4M · Total debt $5.33B · Total assets $9.01B · Shareholders' equity $3.02B
Dividends
Raised for 4 straight years — most recently to $0.3075 from $0.2875 in Jan 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jul 2, 2026 | Jul 2 | Jul 15 | $0.3075 | |
| Apr 2, 2026 | Apr 2 | Apr 15 | $0.3075 | |
| Jan 5, 2026 | Jan 5 | Jan 15 | $0.3075 | raised from $0.2875 |
| Oct 2, 2025 | Oct 2 | Oct 15 | $0.2875 | |
| Jul 2, 2025 | Jul 2 | Jul 15 | $0.2875 | |
| Apr 2, 2025 | Apr 2 | Apr 15 | $0.2875 | |
| Jan 3, 2025 | Jan 3 | Jan 15 | $0.2875 | raised from $0.2725 |
| Oct 2, 2024 | Oct 2 | Oct 15 | $0.2725 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 306.87M · Float 303.37M · 98.9% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 40.15M | 13.08% | 13F | Aug 7, 2026 |
| Vanguard Portfolio Management LLC | 28.75M | 9.37% | 13F | Aug 13, 2026 |
| State Street Corp | 15.09M | 4.92% | 13F | Aug 7, 2026 |
| Vanguard Capital Management LLC | 13.87M | 4.52% | 13F | Aug 13, 2026 |
| Centersquare Investment Management LLC | 12.35M | 4.02% | 13F | Aug 7, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 12, 2026 | Michael B. Berman | director | −9,000 | $29.70 |
| Feb 12, 2026 | Julie Bowerman | director | −8,000 | $29.03 |
| Sep 5, 2025 | Steven F. Siegel | officer: See remarks | −25,000 | $28.21 |
Peers
- Kimco Realty
Largest direct peer in U.S. open-air grocery-anchored centers
- Regency Centers
Direct peer in grocery-anchored community and neighborhood centers
- Kite Realty Group
Open-air grocery-anchored peer across leasing and redevelopment
- Phillips Edison
Grocery-anchored neighborhood-center peer with nationwide reach
- Federal Realty
Coastal open-air retail and mixed-use redevelopment competitor
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Brixmor Property Group | $29.17 | −0.02% | $8.95B | 20.8 | 28.0 | 6.4 | +4.2% |
| Kimco Realty | $23.78 | +0.02% | $16.03B | 26.7 | 27.8 | 7.3 | +4.1% |
| Regency Centers | $75.52 | +0.01% | $13.79B | 21.4 | 29.9 | 8.0 | +5.8% |
| Kite Realty Group | $26.00 | 0.00% | $5.21B | 16.1 | 65.4 | 6.4 | −9.4% |
| Phillips Edison | $40.00 | +2.43% | $5.02B | 34.0 | 49.5 | 6.7 | +3.8% |
| Federal Realty | $116.75 | −0.01% | $10.09B | 23.3 | 37.7 | 7.6 | +4.6% |
| Median | 23.3 | 37.7 | 7.3 | +4.1% |