Media stories about Brandywine Realty Trust (NYSE:BDN) have trended somewhat positive this week, according to Alpha One Sentiment. The research group, a division of Accern, identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Brandywine Realty Trust earned a daily sentiment score of 0.22 on Alpha One’s scale. Alpha One also gave news stories about the real estate investment trust an impact score of 100 out of 100, indicating that recent media coverage is extremely likely to have an effect on the company’s share price in the near term.
Brandywine Realty Trust (BDN) traded down 1.19% during trading on Friday, reaching $17.44. 1,768,998 shares of the company traded hands. The company has a market capitalization of $3.04 billion, a P/E ratio of 379.13 and a beta of 1.09. The firm has a 50-day moving average price of $17.26 and a 200-day moving average price of $16.51. Brandywine Realty Trust has a 52 week low of $14.04 and a 52 week high of $17.78.
Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings data on Wednesday, April 19th. The real estate investment trust reported $0.32 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.32. The company had revenue of $130.92 million during the quarter, compared to analysts’ expectations of $132.96 million. Brandywine Realty Trust had a net margin of 2.96% and a return on equity of 0.81%. The firm’s revenue for the quarter was down 4.1% on a year-over-year basis. During the same period in the prior year, the business posted ($0.07) earnings per share. Analysts forecast that Brandywine Realty Trust will post $0.21 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 21st. Shareholders of record on Friday, July 7th will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 3.67%. The ex-dividend date is Wednesday, July 5th. Brandywine Realty Trust’s dividend payout ratio is presently 1,600.00%.
A number of research analysts recently weighed in on BDN shares. Stifel Nicolaus upgraded shares of Brandywine Realty Trust from a “hold” rating to a “buy” rating and increased their price objective for the company from $17.00 to $19.00 in a research report on Thursday, April 20th. Stephens upgraded shares of Brandywine Realty Trust to an “underweight” rating in a research report on Monday, May 15th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company’s stock. Brandywine Realty Trust currently has an average rating of “Hold” and a consensus price target of $16.75.
In other Brandywine Realty Trust news, EVP H Jeffrey Devuono sold 9,027 shares of the company’s stock in a transaction on Wednesday, May 10th. The shares were sold at an average price of $17.01, for a total transaction of $153,549.27. Following the completion of the transaction, the executive vice president now directly owns 147,560 shares in the company, valued at $2,509,995.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.76% of the company’s stock.
About Brandywine Realty Trust
Brandywine Realty Trust is a self-administered and self-managed real estate investment trust (REIT). The Company operates through five segments: Pennsylvania Suburbs, Philadelphia Central Business District (CBD), Metropolitan Washington, DC, Austin, Texas, and Other. The Pennsylvania Suburbs segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs.
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