Favorable News Coverage Somewhat Unlikely to Affect Brandywine Realty Trust (BDN) Share Price
News coverage about Brandywine Realty Trust (NYSE:BDN) has been trending positive recently, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Brandywine Realty Trust earned a news impact score of 0.33 on Accern’s scale. Accern also assigned media headlines about the real estate investment trust an impact score of 47.181398295229 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of Brandywine Realty Trust (BDN) traded down $0.03 on Monday, hitting $18.19. The stock had a trading volume of 1,455,100 shares, compared to its average volume of 1,281,304. The stock has a market cap of $3,191.94, a PE ratio of 113.69, a price-to-earnings-growth ratio of 3.24 and a beta of 1.02. Brandywine Realty Trust has a twelve month low of $15.63 and a twelve month high of $18.69. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 1.08.
Brandywine Realty Trust (NYSE:BDN) last issued its quarterly earnings data on Wednesday, October 18th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.24). The firm had revenue of $128.43 million for the quarter, compared to analysts’ expectations of $131.16 million. Brandywine Realty Trust had a return on equity of 2.12% and a net margin of 6.81%. The firm’s revenue was down 1.0% on a year-over-year basis. During the same period last year, the company earned $0.33 earnings per share. analysts expect that Brandywine Realty Trust will post 1.32 earnings per share for the current year.
BDN has been the topic of a number of research analyst reports. Zacks Investment Research cut Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday, September 7th. Evercore ISI raised Brandywine Realty Trust from an “in-line” rating to an “outperform” rating in a report on Monday, December 4th. SunTrust Banks reissued a “buy” rating and issued a $18.00 price target on shares of Brandywine Realty Trust in a report on Friday, October 20th. Finally, KeyCorp reissued a “hold” rating on shares of Brandywine Realty Trust in a report on Sunday, September 24th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $18.40.
In other news, Director Anthony A. Sr Nichols, Sr. sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 25th. The stock was sold at an average price of $17.41, for a total transaction of $87,050.00. Following the transaction, the director now owns 60,237 shares of the company’s stock, valued at approximately $1,048,726.17. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Gerard H. Sweeney sold 9,241 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $18.51, for a total value of $171,050.91. The disclosure for this sale can be found here. Insiders have sold a total of 34,241 shares of company stock worth $628,301 over the last ninety days. 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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