Brixmor Property Group, Inc. (BRX)

In Q3 2025, Brixmor reported EPS of $0.56, meeting estimates, and revenue of $340.84 million, surpassing estimates. James M. Taylor Jr., the CEO, took a temporary medical leave of absence. Brixmor was upgraded to a Zacks Rank #2 (Buy). The company announced a $400 million share repurchase program, introduced new shelf registrations, executed a $400 million follow-on equity offering, and increased its quarterly dividend by 7% to $0.3075 per share. Scotiabank maintained a Sector Outperform recommendation. The stock broke below its 200-day moving average.

Demand for Brixmor's retail space is resilient due to its focus on necessity-based, grocery-anchored retail, making it less susceptible to demand seasonality. Strong fundamentals in the sector, robust retailer demand, and minimal new supply create a favorable environment. Long-term leases with built-in escalators contribute to predictable cash flow, and the company actively backfills spaces to maintain strong leasing spreads.

Brixmor Property Group Inc. operates within the REITs sector, providing retail space and management services. Its portfolio includes approximately 354 to 360 retail centers, totaling 63 to 64 million square feet of GLA. The company leases retail spaces to a mix of tenants, including grocery stores, restaurants, and retailers, with major tenants like TJX Companies, Kroger, and Burlington.

Brixmor Property Group operates a national portfolio of shopping centers across the United States. Its largest markets by revenue include Florida (14.0%), Texas (11.9%), and California (11.7%). The company also has a presence in states such as New York, Pennsylvania, Illinois, New Jersey, Georgia, North Carolina, Michigan, Ohio, and Minnesota. Its headquarters are located in New York City.

Brixmor Property Group has maintained a positive brand reputation, demonstrated by its commitment to corporate responsibility. The company released its seventh annual Corporate Responsibility Report, highlighting achievements such as maintaining the highest score from ISS's Governance QualityScore, reducing greenhouse gas emissions, increasing on-site renewable energy systems, and being recognized as a Top Workplace by the Philadelphia Inquirer.

Brixmor Property Group Inc. is primarily controlled by institutional investors, holding between 80.13% and 98.61% of the equity. Major shareholders include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Insiders own a relatively low percentage, around 0.74% to 183.10%. Retail investors hold a smaller portion, approximately 0.00% to 19.13%. Blackstone Group Inc. sold its stake in 2016.