Real Estate

Brixmor Property Group Inc. (BRX)

$30.11
+0.13%
$9.4B
Market Cap
21.4
P/E Ratio
0.98
Beta
3.96%
Dividend Yield
Piotroski 5/9Altman Z 1.1 DistressBeneish M -2.50 CleanROIC−WACC -2.7%

Quantitative Summary

Deterministic

At 21.4x earnings — a 55% discount to the sector average of 47.4x — BRX is in the lower valuation range. Financial health is average: Piotroski 5/9, Altman Z 1.1.

Generated deterministically from quant metrics and financial statements. Not a recommendation.

Algorithmic Teardown

AI-Generated

The fundamental economics of Brixmor Property Group Inc. present a distinct divergence between operational profitability and capital efficiency, driven primarily by high financial leverage rather than asset turnover or margin expansion. While the DuPont decomposition reveals that an equity multiplier of 3.03x is the sole driver sustaining a 12.8% ROE against modest margins and low turnover, this structural reliance on debt is underscored by a negative ROIC-WACC spread of -2.6%, indicating capital destruction relative to the cost of financing. Credit risk metrics further complicate this picture; an Altman Z-Score of 1.1 signals elevated distress probability, although a robust Beneish M-Score of -2.50 and a Piotroski F-Score of 5/9 suggest earnings are not subject to manipulation and recent financial strength remains moderate compared to historical standards.

Valuation metrics highlight a significant discount relative to the broader real estate sector, with a current P/E of 23.8x trading well below the industry average of 84.5x, suggesting the market may be pricing in heightened credit concerns rather than fundamental underperformance. This valuation gap aligns with the company's value factor tilt (HML: 0.448) and robust profitability characteristics (RMW: 0.123), yet it sits in tension with the negative spread on capital returns, which typically warrants a deeper discount for quality assets. The pricing appears to reflect skepticism regarding the sustainability of growth given the negative ROIC-WACC dynamic, even as revenue grows at 6.7% year-over-year.

Risk-adjusted performance data offers a nuanced view of recent shareholder value creation despite underlying balance sheet pressures. A Fama-French alpha of 5.32% annually indicates that over the measured period, returns have exceeded those predicted by market exposure and size/value factors, suggesting skill or temporary dislocation in pricing. However, this positive momentum is counterbalanced by insider activity showing $232,220 net selling over the last ninety days, a signal often interpreted as management hedging against perceived near-term risks associated with the company's high leverage profile and low Z-Score.

Generated by LLM from quantitative data inputs. May contain inaccuracies. Not investment advice.

Valuation Context

21.4x
BRX P/E
47.4x
Sector Avg
18.6x
5Y Avg P/E
-55%
vs Sector

Currently trading 28% above its 5-year average P/E of 18.6x.

Price Chart with Moving Averages

Loading chart...
SMA 50 SMA 200

Technical Setup

AI Generated

Brixmor Property Group Inc. is currently trading at $29.24, presenting a snapshot of its market position within the real estate sector without definitive directional signals from this isolated data point. The absence of specific moving average values prevents an immediate determination of whether recent price action has sustained above or below these critical trend lines, leaving the longer-term trajectory technically ambiguous based solely on the provided figures. Similarly, while the Relative Strength Index is a standard tool for gauging short-term momentum and identifying potential overbought or oversold conditions, no specific RSI reading accompanies this dataset to clarify if current sentiment leans toward exhaustion or acceleration in price movement. Consequently, the technical landscape described here relies on incomplete metrics that would typically be required to form a cohesive narrative regarding trend strength or immediate volatility. Without knowing the relationship between the $29.24 price level and its historical averages, it remains unclear whether the asset is experiencing a bullish correction or a bearish pullback relative to its recent history. The lack of an RSI value further obscures any assessment of whether short-term traders are aggressively accumulating positions or if selling pressure may be building up unnoticed by broader market participants. This summary highlights that while the current price is established, the necessary contextual indicators required to evaluate momentum and trend direction are not present in the supplied information. Market participants would need access to specific moving average crossovers and precise RSI levels to fully interpret whether the stock exhibits signs of strengthening or weakening performance at

RSI (14)
SMA 50
SMA 200

Quant Health Deep Dive

5/9
Piotroski F-Score
Average — mixed operational signals
1.1
Altman Z-Score
Distress Zone — below 1.8 threshold per academic model. Thresholds: >3 safe, 1.8–3 grey, <1.8 distress.
-2.50
Beneish M-Score
Below threshold — no statistical earnings quality concern per Beneish model. Threshold: <-2.22 = below threshold.

Profitability & Value Creation

75.2%
Gross Margin
28.2%
Net Margin
6.0%
ROIC
8.7%
WACC
ROIC − WACC Spread: -2.7%— Negative spread.
+6.7%
Revenue Growth (YoY)
+13.8%
Earnings Growth (YoY)

DuPont Analysis — ROE Decomposition

Breaking down Return on Equity to see how the company generates its ROE — efficiency, margins, or leverage.

28.2%
Net Profit Margin
NI ÷ Revenue
×
0.15x
Asset Turnover
Revenue ÷ Assets
×
3.03x
Equity Multiplier
Assets ÷ Equity
=
12.8%
Return on Equity
⚠️ High equity multiplier — ROE is being amplified by leverage, not operational excellence.

Balance Sheet Health

2.03x
Debt / Equity
0.63x
Current Ratio
2.7x
Interest Coverage
4.6x
Net Debt / EBITDA
1.0B
EBITDA

Insider Activity (Last 90 Days)

Net Insider Flow
$-232,220
Net Selling
0
Buy Transactions
1
Sale Transactions
2026-02-12BOWERMAN JULIANN M.Sold 2/8 qtrsSale$232,220
2026-02-04SIEGEL STEVEN FSold 4/8 qtrsGrant22,154 shares
2026-02-04FINNEGAN BRIAN TSold 1/8 qtrsGrant32,004 shares
2026-02-04HORGAN MARKGrant32,004 shares
2026-02-04GALLAGHER STEVEN TGrant6,152 shares

Open-market buys vs sells by company insiders. Source: yfinance.

Earnings Surprise History

Q4
✗ Miss
Est: $0.22
Act: $0.22
-3.0%
Q3
✓ Beat
Est: $0.21
Act: $0.23
+7.3%
Q2
✗ Miss
Est: $0.22
Act: $0.18
-21.3%
Q1
✓ Beat
Est: $0.23
Act: $0.25
+7.6%

EPS estimates vs actuals for the most recent reported quarters. Source: yfinance.

Dividend History

$0.3080
Latest Dividend
$1.15
2025 Total
+5.5%
YoY Growth
5 yrs
Consecutive Increases
Annual Dividends per Share
$0.98
2016
$1.04
2017
$1.10
2018
$1.12
2019
$0.57
2020
$0.86
2021
$0.96
2022
$1.04
2023
$1.09
2024
$1.15
2025
$0.62
2026
DateAmountChange
2026-04-02$0.30800.0%
2026-01-05$0.3080+6.9%
2025-10-02$0.28800.0%
2025-07-02$0.28800.0%
2025-04-02$0.28800.0%
2025-01-03$0.2880+5.5%
2024-10-02$0.27300.0%
2024-07-02$0.27300.0%
2024-04-01$0.27300.0%
2024-01-02$0.2730+5.0%
2023-10-02$0.26000.0%
2023-07-03$0.26000.0%

Dividend and split data from SEC filings and market data. Amounts are per share, not adjusted for splits. Source: yfinance.

Risk Profile

25.0%
Annual Volatility
0.92
Sharpe (1Y)
0.61
Sharpe (3Y)
-22.4%
Max Drawdown (3Y)
-31.6%
Max Drawdown (5Y)

Sharpe = risk-adjusted return (higher is better). Max drawdown = largest peak-to-trough decline. 1,200+ trading days.

Underwater (Drawdown from Peak)

How far below the all-time high the price has been over time. Deeper = more pain for holders.

Loading drawdown chart...

Rolling 60-Day Beta vs S&P 500 (VOO)

How the stock's sensitivity to market moves changes over time. β > 1 = more volatile than the market.

Loading beta chart...
Rolling Beta Market (β = 1.0)

Fama-French 5-Factor Exposure

Academic factor model decomposition — what's really driving this stock's returns.

0.73
Market β
Mkt-RF
+0.388
Size (SMB)
Small-cap tilt
+0.448
Value (HML)
Value tilt
+0.123
Profit (RMW)
Robust
+0.305
Invest (CMA)
Conservative
Alpha (annual): +5.32%
R²: 38.1%of variance explained by 5 factors

Fama-French 5-Factor Model. Data: Kenneth French Data Library. Regression over 3 years of daily returns.

Fundamentals

28.0
Forward P/E
PEG Ratio
3.09
Price/Book
3M
Avg Volume
$31.49
52W High
$24.66
52W Low
80%
52W Range Position

Passive Flow Attribution

ETF Draft Effect
$883M
Tracked Passive Exposure
8
ETFs Holding BRX
0.20%
Avg Weight in ETFs
$441B
Total ETF AUM

When investors buy or sell ETFs like VNQ or MDYV, the fund manager is mechanically forced to buy or sell BRX shares regardless of Brixmor Property Group Inc.'s individual fundamentals. We estimate $883M of passive capital is structurally linked to BRX through 8 tracked ETFs. Passive flows have a limited but growing influence on BRX's daily trading dynamics.

Passive exposure = Σ (ETF AUM × stock weight in ETF) across 8 tracked ETFs. Actual passive ownership is larger (includes mutual funds). Not investment advice.

ETF Contagion Visualizer

Simulate a price drop in Brixmor Property Group Inc. to visualize passive redemption contagion across ETFs and collateral stocks.

BRX Shock
-0%
Est. Passive Redemption
$0
Systemic Risk
STABLE
BRXEpicenterVBETFVXFETFVNQETFVRTPXUnknownWELLLow RiskPLDMed RiskEQIXMed RiskAMTHigh Risk
BRX Price Drop (%)0

If Brixmor Property Group Inc. (BRX) experiences a significant drawdown, ETF redemptions can create collateral selling pressure on co-held stocks. Our model identifies Vanguard Real Estate II Index Fund Institutional Plus Shares (VRTPX) as the most exposed collateral stock, sharing 1 ETFs with BRX. This is the "Passive Contagion" effect described in the Inelastic Market Hypothesis.

Contagion model based on shared ETF exposure and constituent weights across 12 tracked ETFs. Estimated selling pressure is a simplified model — actual impact depends on market liquidity, ETF redemption mechanics, and market-maker activity.

BRX Ownership Dynamics

Passive funds hold 1 in every 10 BRX shares, reducing daily market volatility.

Ticker
BRX
Total Shares
307M
ETF Lock-Up
10.1%
Display Mode
Total Float Impact
10.1%Locked Float

Brixmor Property Group Inc. (BRX) exerts measurable gravity on the passive index market, currently representing 0.5% of the Vanguard Real Estate Index Fund ETF Shares (VNQ) and 0.3% of the MDYV (MDYV). Across 12 tracked ETFs, approximately 31M shares (10.1% of float) are held by passive funds and rarely trade on the open market. This level of passive ownership means index rebalances can create outsized volume events.

Float lock-up computed from 12 ETFs tracked by SecuritiesDB. Actual passive ownership is higher (includes mutual funds, pension funds, etc.).

BRX Institutional Volume Profile

252-day volume distribution by price level. The Point of Control (POC) marks the price where the most institutional volume transacted — an implicit support/resistance floor.

TICKER
BRX
PRICE
$30.11
FLOOR (POC)
$25.95
STRENGTH
Medium
$24$25$258%$2510%$2610%$26POC 11%$268%$278%$27$27$28$28$28$29$29$30$307%$30.11$30$31$31
Focus Zone
Point of Control (POC) Support (below price) Resistance (above price) Current Price

The highest-volume price zone for Brixmor Property Group Inc. over the past year sits near $25.95 (11% of 252-day volume). The current price of $30.11 trades 16.0% above this institutional floor — a sign of upside momentum, though a pullback to the POC zone is a common reversion target.

Volume Profile computed from 252 trading days of OHLCV data. Volume allocated to price bins proportionally based on daily high-low range. Not investment advice.

Fails-to-Deliver (FTD) History

SEC-reported settlement failures. Elevated FTDs can indicate high short-selling pressure, operational settlement issues, or naked shorting activity.

DateFailed SharesClose PriceNotional Value
2026-05-111$29.84$29.84
2026-05-084$30.09$120.36
2026-04-298$30.40$243.2
2026-04-20302$30.92$9,337.84
2026-03-186$29.75$178.5
2026-03-176,257$29.97$187,522.29
2026-03-0953$30.07$1,593.71
2026-03-052$30.59$61.18
2026-03-041,148$30.64$35,174.72
2026-02-2453,839$29.79$1.6M
2026-02-0947,413$28.32$1.3M
2026-01-23262$26.25$6,877.5
2025-12-1254$25.59$1,381.86
2025-12-10123$25.10$3,087.3
2025-12-09127$24.67$3,133.09
2025-12-0565$25.26$1,641.9
2025-12-014$26.14$104.56
2025-11-2584$26.04$2,187.36
2025-11-24918$26.39$24,226.02
2025-11-2057$25.89$1,475.73
2025-11-17857$26.50$22,710.5
2025-11-1476$26.44$2,009.44
2025-11-1232,762$27.08$887,194.96
2025-11-051,766$26.36$46,551.76
2025-11-0319$26.16$497.04
2025-10-2353$27.93$1,480.29
2025-10-2212$27.63$331.56
2025-10-171,962$26.82$52,620.84
2025-10-161,447$27.04$39,126.88

Source: SEC Regulation SHO FTD data. Data is reported with a ~30 day delay. High FTD quantities relative to average daily volume may indicate settlement stress.

Price Correlations

Statistical correlation of daily returns with other stocks. High correlations indicate stocks that move together; negative correlations can offer diversification.

Peer252-Day (1Y)126-Day (6M)Direction
WTGXXNaNNaN
KIM0.8550.830High co-movement
FRT0.8160.773High co-movement
REG0.7480.725High co-movement
VRTPX0.7130.649High co-movement
SPG0.6600.596Moderate
EGP0.6150.524Moderate
UDR0.5950.536Moderate
EQR0.5790.500Moderate
AVB0.5750.498Moderate

Pearson correlation of daily log returns. 252d ≈ 1 trading year. Computed from price history. Not investment advice.

Compare BRX to Peers

Quant metrics computed deterministically from financial statements and price data. Updated: 2026-06-02.

SecuritiesDB provides programmatic data aggregation for informational purposes only. None of the metrics, summaries, or algorithmic flags constitute a recommendation to buy or sell any security.