Brixmor Property Group (BRX) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.26
- Estimate
- $0.22
- Surprise
- +15.6%
- Revenue (period 2026-09-30)
- $359.6M
- Score at report (before → after)
- 5.2 → 5.2/10
Revenue source: xbrl.
How the report landed
Brixmor Property Group (BRX) beat the $0.22 estimate with adjusted EPS of $0.26 — a large 15.6% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.2/10) to Sell at 5.2/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates BRX Sell at 5.1/10.
2 of the last 4 quarters beat the estimate; this quarter's +15.6% surprise compares with a +1.6% four-quarter average.
What argues against it
- REIT tenant concentration cliff: 81% of NOI from Grocery-Anchored Shopping Centers (≥40% threshold). Single-tenant churn risk dominates spot FFO.
- Concentration risk — Tenant: Grocery-Anchored Shopping Centers (81.0%)
- Thin upside margin: 5.9%
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $28.55
- Price target
- $30.24
- Stop
- $27.55
- Upside to target
- +5.9%
- Reward-to-risk
- 0.9:1
Forward estimates sit below the trailing run-rate (26.8× forward vs 20.1× trailing) — consensus expects earnings to decline from here.
Risk check: RSI 73 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-10-27 — shown for context, not personalized investment advice.
BRX at TrendMatrix's latest read
REIT quarters hinge on occupancy, rate exposure, and FFO rather than headline EPS, which mechanically distorts under depreciation.
- Industry
- REIT - Retail
- Market cap
- $8.63B
- P/E (fwd)
- 26.8
- P/E (ttm)
- 20.1
- 52-week range
- $24.66–$32.86
- Off 52-week high
- 13.1%
- RSI (14)
- 73
- Volume vs avg
- 0.09×
- Score today
- 5.1/10