Brandywine Realty Trust (BDN) to Release Quarterly Earnings on Wednesday

Brandywine Realty Trust (NYSE:BDN) will announce its earnings results after the market closes on Wednesday, April 17th. Analysts expect the company to announce 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 Stock Performance

Shares of Brandywine Realty Trust stock opened at $4.28 on Tuesday. The company has a 50 day moving average of $4.35 and a 200-day moving average of $4.52. Brandywine Realty Trust has a 1-year low of $3.42 and a 1-year high of $5.67. The company has a current ratio of 2.15, a quick ratio of 2.15 and a debt-to-equity ratio of 1.62. The company has a market cap of $736.45 million, a PE ratio of -3.72 and a beta of 1.27.

Brandywine Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 18th. Shareholders of record on Thursday, April 4th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 14.04%. The ex-dividend date of this dividend is Wednesday, April 3rd. Brandywine Realty Trust’s dividend payout ratio (DPR) is currently -52.17%.

Institutional Trading of Brandywine Realty Trust

Several institutional investors and hedge funds have recently modified their holdings of BDN. Cerity Partners LLC purchased a new position in shares of Brandywine Realty Trust in the 4th quarter worth $82,000. Brevan Howard Capital Management LP purchased a new stake in Brandywine Realty Trust in the 4th quarter valued at about $79,000. CI Private Wealth LLC purchased a new stake in Brandywine Realty Trust in the 4th quarter valued at about $77,000. Schonfeld Strategic Advisors LLC purchased a new stake in Brandywine Realty Trust in the 2nd quarter valued at about $72,000. Finally, Cambridge Investment Research Advisors Inc. purchased a new stake in Brandywine Realty Trust in the 4th quarter valued at about $70,000. 87.27% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on BDN shares. StockNews.com lowered shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, January 30th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Brandywine Realty Trust in a research report on Tuesday, January 30th. They set a “hold” rating and a $5.50 price target for the company. Finally, Truist Financial cut their target price on shares of 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 equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $5.63.

About Brandywine Realty Trust

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.