Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. Its 361 retail centers comprise approximately 64 million square feet of prime retail space in established trade areas. The Company strives to own and operate shopping centers that reflect Brixmor's vision "to be the center of the communities we serve" and are home to a diverse mix of thriving national, regional and local retailers. Brixmor is a proud real estate partner to over 5,000 retailers including The TJX Companies, The Kroger Co., Publix Super Markets and Ross Stores.
Retail REIT Resilience | Brixmor Property Group demonstrates strong financial health and market positioning in the evolving retail landscape, with a focus on open-air shopping centers |
Leasing Momentum | Explore Brixmor's robust leasing activity and significant Signed Not Open pipeline, indicating sustained growth potential and effective tenant management |
Financial Flexibility | Delve into how Brixmor's improved cost of capital could drive increased investment activity and external growth, potentially boosting stock performance |
Market Outlook | Analysts set price targets ranging from $29 to $35, with Brixmor outperforming its subsector and showing potential for upward earnings revisions |
Metrics to compare | BRX | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipBRXPeersSector | |
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P/E Ratio | 23.3x | 18.9x | 9.1x | |
PEG Ratio | 1.94 | 0.01 | 0.01 | |
Price/Book | 2.6x | 1.3x | 0.9x | |
Price / LTM Sales | 5.9x | 6.3x | 3.9x | |
Upside (Analyst Target) | 15.8% | 25.3% | 14.1% | |
Fair Value Upside | Unlock | −1.8% | 1.8% | Unlock |