Brandywine Realty Trust (BDN) Set to Announce Earnings on Wednesday

Brandywine Realty Trust (NYSE:BDNGet Free Report) is scheduled to post its quarterly earnings results after the market closes on Wednesday, April 17th. Analysts expect Brandywine Realty Trust to post earnings of $0.26 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Brandywine Realty Trust Price Performance

NYSE BDN opened at $4.36 on Monday. The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 1.62. The stock has a market capitalization of $751.10 million, a PE ratio of -3.79 and a beta of 1.27. Brandywine Realty Trust has a 12-month low of $3.42 and a 12-month high of $5.67. The company has a 50 day moving average price of $4.35 and a two-hundred day moving average price of $4.52.

Brandywine Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 18th. Shareholders of record on Thursday, April 4th will be issued a dividend of $0.15 per share. The ex-dividend date is Wednesday, April 3rd. This represents a $0.60 annualized dividend and a yield of 13.76%. Brandywine Realty Trust’s dividend payout ratio (DPR) is currently -52.17%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft began coverage on shares of Brandywine Realty Trust in a research note on Tuesday, January 30th. They issued a “hold” rating and a $5.50 target price on the stock. StockNews.com downgraded Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, January 30th. Finally, Truist Financial cut their price objective on Brandywine Realty Trust from $7.00 to $6.00 and set a “buy” rating for the company in a research report on Tuesday, February 13th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $5.63.

Check Out Our Latest Research Report on BDN

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vident Investment Advisory LLC raised its stake in shares of Brandywine Realty Trust by 9.1% in the first quarter. Vident Investment Advisory LLC now owns 12,069 shares of the real estate investment trust’s stock valued at $170,000 after acquiring an additional 1,006 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in Brandywine Realty Trust by 2.5% during the 4th quarter. The Manufacturers Life Insurance Company now owns 68,928 shares of the real estate investment trust’s stock valued at $424,000 after purchasing an additional 1,651 shares in the last quarter. Yousif Capital Management LLC raised its position in Brandywine Realty Trust by 1.2% in the 1st quarter. Yousif Capital Management LLC now owns 157,185 shares of the real estate investment trust’s stock valued at $2,223,000 after purchasing an additional 1,855 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Brandywine Realty Trust by 2.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 88,902 shares of the real estate investment trust’s stock worth $547,000 after purchasing an additional 2,258 shares in the last quarter. Finally, State of Wyoming grew its holdings in shares of Brandywine Realty Trust by 49.2% during the second quarter. State of Wyoming now owns 7,031 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 2,320 shares during the last quarter. 87.27% of the stock is owned by institutional investors.

About Brandywine Realty Trust

(Get Free Report)

Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia and Austin markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 160 properties and 22.6 million square feet as of September 30, 2023 which excludes assets held for sale.

See Also

Earnings History for Brandywine Realty Trust (NYSE:BDN)

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