Brandywine Realty Trust (NYSE:BDN) released its quarterly earnings data on Thursday. The real estate investment trust reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.31, Bloomberg Earnings reports. Brandywine Realty Trust had a return on equity of 0.81% and a net margin of 2.96%. The business had revenue of $127.79 million during the quarter, compared to analysts’ expectations of $134.07 million. During the same quarter last year, the business posted $0.32 EPS. The business’s revenue was up .5% on a year-over-year basis.

Shares of Brandywine Realty Trust (NYSE BDN) traded down 0.69% on Thursday, hitting $17.23. The stock had a trading volume of 979,267 shares. The company has a 50-day moving average of $17.36 and a 200-day moving average of $16.77. Brandywine Realty Trust has a 52-week low of $14.04 and a 52-week high of $17.83. The company has a market cap of $3.00 billion, a P/E ratio of 374.57 and a beta of 1.06.

The company also recently announced a quarterly dividend, which will be paid on Friday, July 21st. Stockholders of record on Friday, July 7th will be given a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 3.71%. The ex-dividend date of this dividend is Wednesday, July 5th. Brandywine Realty Trust’s dividend payout ratio is currently 1,600.00%.

Several equities research analysts have weighed in on the company. Mizuho upgraded Brandywine Realty Trust from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $16.00 to $19.00 in a report on Monday, July 10th. BidaskClub cut Brandywine Realty Trust from a “buy” rating to a “hold” rating in a report on Saturday, July 8th. Stephens upgraded Brandywine Realty Trust to an “underweight” rating in a report on Monday, May 15th. Finally, Stifel Nicolaus upgraded Brandywine Realty Trust from a “hold” rating to a “buy” rating and increased their price objective for the stock from $17.00 to $19.00 in a report on Thursday, April 20th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. Brandywine Realty Trust has a consensus rating of “Hold” and a consensus price target of $17.58.

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In related news, EVP H Jeffrey Devuono sold 9,027 shares of the business’s stock in a transaction that occurred on Wednesday, May 10th. The stock was sold at an average price of $17.01, for a total value of $153,549.27. Following the completion of the sale, the executive vice president now owns 147,560 shares in the company, valued at $2,509,995.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.76% of the stock is currently owned by insiders.

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.

Earnings History for Brandywine Realty Trust (NYSE:BDN)

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