Reviewing Brandywine Realty Trust (NYSE:BDN) and InvenTrust Properties (NYSE:IVT)

InvenTrust Properties (NYSE:IVT) and Brandywine Realty Trust (NYSE:BDN) are both finance companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, earnings, profitability, institutional ownership, dividends and risk.

Volatility & Risk

InvenTrust Properties has a beta of 0.86, indicating that its share price is 14% less volatile than the S&P 500. Comparatively, Brandywine Realty Trust has a beta of 1.29, indicating that its share price is 29% more volatile than the S&P 500.

Valuation & Earnings

This table compares InvenTrust Properties and Brandywine Realty Trust”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
InvenTrust Properties	$299.17 million	7.95	$111.42 million	$1.43	21.42
Brandywine Realty Trust	$484.45 million	1.16	-$178.25 million	($1.03)	-3.14

InvenTrust Properties has higher earnings, but lower revenue than Brandywine Realty Trust. Brandywine Realty Trust is trading at a lower price-to-earnings ratio than InvenTrust Properties, indicating that it is currently the more affordable of the two stocks.

Institutional and Insider Ownership

61.7% of InvenTrust Properties shares are held by institutional investors. Comparatively, 87.3% of Brandywine Realty Trust shares are held by institutional investors. 0.4% of InvenTrust Properties shares are held by insiders. Comparatively, 3.3% of Brandywine Realty Trust shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Analyst Recommendations

This is a summary of current recommendations and price targets for InvenTrust Properties and Brandywine Realty Trust, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
InvenTrust Properties	0	3	4	0	2.57
Brandywine Realty Trust	3	3	0	0	1.50

InvenTrust Properties presently has a consensus price target of $31.60, indicating a potential upside of 3.18%. Brandywine Realty Trust has a consensus price target of $4.00, indicating a potential upside of 23.65%. Given Brandywine Realty Trust’s higher probable upside, analysts clearly believe Brandywine Realty Trust is more favorable than InvenTrust Properties.

Dividends

InvenTrust Properties pays an annual dividend of $0.95 per share and has a dividend yield of 3.1%. Brandywine Realty Trust pays an annual dividend of $0.32 per share and has a dividend yield of 9.9%. InvenTrust Properties pays out 66.4% of its earnings in the form of a dividend. Brandywine Realty Trust pays out -31.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. InvenTrust Properties has increased its dividend for 4 consecutive years. Brandywine Realty Trust is clearly the better dividend stock, given its higher yield and lower payout ratio.

Profitability

This table compares InvenTrust Properties and Brandywine Realty Trust’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
InvenTrust Properties	37.24%	6.22%	4.11%
Brandywine Realty Trust	-36.79%	-20.20%	-5.20%

Summary

InvenTrust Properties beats Brandywine Realty Trust on 10 of the 17 factors compared between the two stocks.

About InvenTrust Properties

InvenTrust Properties Corp. (the “Company,” “IVT,” or “InvenTrust”) is a premier Sun Belt, multi-tenant essential retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood and community centers as well as high-quality power centers that often have a grocery component. Management pursues the Company’s business strategy by acquiring retail properties in Sun Belt markets, opportunistically disposing of retail properties, maintaining a flexible capital structure, and enhancing environmental, social and governance (“ESG”) practices and standards. A trusted, local operator bringing real estate expertise to its tenant relationships, IVT has built a strong reputation with market participants across its portfolio. IVT is committed to leadership in ESG practices and has been a Global Real Estate Sustainability Benchmark (“GRESB”) member since 2013.

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. Our purpose is to shape, connect and inspire the world around us through our expertise, the relationships we foster, the communities in which we live and work, and the history we build together.