Brixmor Property Group (BRX)
Owner and operator of grocery-anchored open-air shopping centers across the United States.
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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
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 21, 2026 | Evercore ISI | Target | Target: $34 | Target: $35 |
| Jul 28, 2026 | Stifel Nicolaus | Target | Target: $31 | Target: $34 |
| Jul 21, 2026 | Piper Sandler | Reiterate | Rating: —Target: $34 | Target: $40 |
| Jul 9, 2026 | UBS | Reiterate | Rating: —Target: $34 | Target: $37 |
| Jun 15, 2026 | BMO Capital | Reiterate | Rating: —Target: $35 | Target: $37 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $194.4M · Total debt $5.33B · Total assets $9.01B · Shareholders' equity $3.02B
- Revenue
- $354.2M
- Operating income
- $121.6M
- Net income
- $73.7M
HistoryDividendAnnual yieldUpcoming
| Institutions | ≈ 102.66% | 315.04M shares | |
|---|---|---|---|
| 483 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 0.47% | 1.44M shares | |
| 13 holders · as of Aug 14, 2026 | |||
| Strategic holders | 11.72% | 35.96M shares | |
| 1 holder · as of Jan 27, 2022 | |||
| Adds to | 114.85% | ||
306.87M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 114.85%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 13.08% | 40.15M | as of Jun 30, 2026 |
BlackRock, Inc.Strategic | 11.72% | 35.96M | filed Jan 27, 2022 |
Vanguard Portfolio Management LLCInstitution | 9.37% | 28.75M | as of Jun 30, 2026 |
State Street CorpInstitution | 4.92% | 15.09M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.52% | 13.87M | as of Jun 30, 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 |
- 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
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Brixmor Property Group | $27.94 | −0.53% | $8.62B | 20.1 | 27.9 | 6.1 | +4.3% |
| Kimco Realty | $22.52 | −0.09% | $15.19B | 25.3 | 26.3 | 6.9 | +4.9% |
| Regency Centers | $73.08 | +0.22% | $13.32B | 20.7 | 29.0 | 7.7 | +5.7% |
| Kite Realty Group | $25.20 | −0.02% | $5.05B | 15.6 | 76.0 | 6.2 | −8.5% |
| Phillips Edison | $37.05 | +0.14% | $4.75B | 32.2 | 47.9 | 6.3 | +3.8% |
| Federal Realty | $110.76 | +0.11% | $9.56B | 22.0 | 35.0 | 7.2 | +7.7% |
| Median | 22.0 | 35.0 | 6.9 | +4.9% |