Analysts forecast that Brandywine Realty Trust (NYSE:BDN) will announce earnings of $0.34 per share for the current quarter, Zacks Investment Research reports. Five analysts have made estimates for Brandywine Realty Trust’s earnings, with the highest EPS estimate coming in at $0.35 and the lowest estimate coming in at $0.33. Brandywine Realty Trust also posted earnings of $0.34 per share in the same quarter last year. The business is scheduled to issue its next earnings results after the market closes on Thursday, July 19th.

On average, analysts expect that Brandywine Realty Trust will report full-year earnings of $1.37 per share for the current financial year, with EPS estimates ranging from $1.34 to $1.40. For the next fiscal year, analysts anticipate that the firm will post earnings of $1.46 per share, with EPS estimates ranging from $1.37 to $1.50. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that follow Brandywine Realty Trust.

Brandywine Realty Trust (NYSE:BDN) last posted its earnings results on Thursday, April 19th. The real estate investment trust reported $0.25 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.32 by ($0.07). The company had revenue of $136.36 million for the quarter, compared to analysts’ expectations of $133.17 million. Brandywine Realty Trust had a net margin of 27.38% and a return on equity of 8.37%. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.32 EPS.

A number of research firms have weighed in on BDN. ValuEngine lowered Brandywine Realty Trust from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. Zacks Investment Research upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, April 17th. Stifel Nicolaus downgraded Brandywine Realty Trust from a “buy” rating to a “hold” rating and dropped their price target for the company from $19.00 to $17.00 in a research report on Tuesday, March 13th. JPMorgan Chase & Co. dropped their price target on Brandywine Realty Trust from $18.00 to $17.00 and set a “neutral” rating for the company in a research report on Tuesday, April 24th. Finally, SunTrust Banks set a $18.00 price target on Brandywine Realty Trust and gave the company a “buy” rating in a research report on Monday, April 23rd. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Brandywine Realty Trust has a consensus rating of “Hold” and an average price target of $18.17.

Brandywine Realty Trust traded up $0.05, reaching $16.12, during mid-day trading on Friday, Marketbeat reports. 100,592 shares of the company traded hands, compared to its average volume of 1,605,410. The company has a quick ratio of 3.74, a current ratio of 3.74 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of $2.91 billion, a PE ratio of 12.31, a PEG ratio of 2.15 and a beta of 1.00. Brandywine Realty Trust has a 52-week low of $15.20 and a 52-week high of $18.69.

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 20th. Stockholders of record on Friday, July 6th will be given a dividend of $0.18 per share. The ex-dividend date is Thursday, July 5th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.47%. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently 54.96%.

Institutional investors and hedge funds have recently modified their holdings of the company. Resolution Capital Ltd lifted its position in Brandywine Realty Trust by 85.2% in the 1st quarter. Resolution Capital Ltd now owns 5,392,765 shares of the real estate investment trust’s stock worth $85,637,000 after buying an additional 2,480,502 shares during the last quarter. BlackRock Inc. lifted its position in Brandywine Realty Trust by 8.1% in the 4th quarter. BlackRock Inc. now owns 13,228,278 shares of the real estate investment trust’s stock worth $240,624,000 after buying an additional 987,496 shares during the last quarter. Renaissance Technologies LLC lifted its position in Brandywine Realty Trust by 34.5% in the 4th quarter. Renaissance Technologies LLC now owns 2,925,098 shares of the real estate investment trust’s stock worth $53,208,000 after buying an additional 749,500 shares during the last quarter. American Century Companies Inc. bought a new stake in Brandywine Realty Trust in the 4th quarter worth approximately $13,068,000. Finally, Millennium Management LLC lifted its position in Brandywine Realty Trust by 41.2% in the 1st quarter. Millennium Management LLC now owns 1,952,249 shares of the real estate investment trust’s stock worth $31,002,000 after buying an additional 569,248 shares during the last quarter.

Brandywine Realty Trust Company Profile

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, Washington, DC, 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 185 properties and 25.3 million square feet as of December 31, 2017, which excludes assets held for sale.

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Earnings History and Estimates for Brandywine Realty Trust (NYSE:BDN)

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