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

Brandywine Realty Trust (NYSE:BDN) will release its earnings data after the market closes on Wednesday, April 17th. Analysts expect Brandywine Realty Trust to post earnings of $0.26 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Brandywine Realty Trust Price Performance

NYSE:BDN opened at $4.28 on Tuesday. The stock has a fifty day moving average of $4.35 and a 200 day moving average of $4.52. Brandywine Realty Trust has a 52-week low of $3.42 and a 52-week high of $5.67. The company has a debt-to-equity ratio of 1.62, a quick ratio of 2.15 and a current ratio of 2.15. The firm has a market capitalization of $736.45 million, a price-to-earnings ratio of -3.72 and a beta of 1.27.

Brandywine Realty Trust Dividend Announcement

The company 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 dividend of $0.15 per share. The ex-dividend date is Wednesday, April 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 14.04%. Brandywine Realty Trust’s payout ratio is -52.17%.

Institutional Trading of Brandywine Realty Trust

Large investors have recently bought and sold shares of the company. Cerity Partners LLC bought a new stake in Brandywine Realty Trust during the 4th quarter valued at approximately $82,000. Brevan Howard Capital Management LP purchased a new position in Brandywine Realty Trust in the 4th quarter worth approximately $79,000. CI Private Wealth LLC purchased a new position in Brandywine Realty Trust in the 4th quarter worth approximately $77,000. Schonfeld Strategic Advisors LLC purchased a new position in Brandywine Realty Trust in the 2nd quarter worth approximately $72,000. Finally, Cambridge Investment Research Advisors Inc. purchased a new position in Brandywine Realty Trust in the 4th quarter worth approximately $70,000. 87.27% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on BDN shares. Deutsche Bank Aktiengesellschaft began coverage on Brandywine Realty Trust in a research report on Tuesday, January 30th. They set a “hold” rating and a $5.50 price target on the stock. StockNews.com downgraded Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Tuesday, January 30th. Finally, Truist Financial decreased their price objective on Brandywine Realty Trust from $7.00 to $6.00 and set a “buy” rating on the stock in a report on Tuesday, February 13th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price 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.