Wall Street brokerages expect Brandywine Realty Trust (NYSE:BDN) to announce $129.91 million in sales for the current quarter, according to Zacks. Five analysts have issued estimates for Brandywine Realty Trust’s earnings, with the lowest sales estimate coming in at $121.40 million and the highest estimate coming in at $138.85 million. Brandywine Realty Trust reported sales of $129.69 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 0.2%. The business is expected to report its next earnings report on Wednesday, October 18th.

According to Zacks, analysts expect that Brandywine Realty Trust will report full-year sales of $129.91 million for the current fiscal year, with estimates ranging from $488.82 million to $525.21 million. For the next fiscal year, analysts forecast that the company will post sales of $544.47 million per share, with estimates ranging from $490.49 million to $588.50 million. Zacks’ sales averages are an average based on a survey of sell-side research firms that that provide coverage for Brandywine Realty Trust.

Brandywine Realty Trust (NYSE:BDN) last announced its quarterly earnings results on Thursday, July 20th. The real estate investment trust reported $0.32 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.01 by $0.31. The firm had revenue of $127.79 million during the quarter, compared to the consensus estimate of $134.07 million. Brandywine Realty Trust had a net margin of 4.67% and a return on equity of 1.46%. The business’s quarterly revenue was up .5% compared to the same quarter last year. During the same period last year, the firm earned $0.32 EPS.

A number of research firms have weighed in on BDN. Stephens upgraded shares of Brandywine Realty Trust to an “underweight” rating in a research report on Monday, May 15th. Mizuho upgraded shares of Brandywine Realty Trust from a “neutral” rating to a “buy” rating and upped their target price for the stock from $16.00 to $19.00 in a research report on Monday, July 10th. BidaskClub lowered shares of Brandywine Realty Trust from a “buy” rating to a “hold” rating in a research report on Saturday, July 8th. Zacks Investment Research lowered shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Tuesday. Finally, Stifel Nicolaus upgraded shares of Brandywine Realty Trust from a “hold” rating to a “buy” rating and upped their target price for the stock from $17.00 to $19.00 in a research report on Thursday, April 20th. Two analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. 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 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 owns 147,560 shares in the company, valued at $2,509,995.60. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.76% of the stock is currently owned by corporate insiders.

Several institutional investors have recently modified their holdings of BDN. Metropolitan Life Insurance Co. NY raised its position in shares of Brandywine Realty Trust by 1.8% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 14,527 shares of the real estate investment trust’s stock worth $240,000 after buying an additional 256 shares in the last quarter. Telos Capital Management Inc. raised its position in shares of Brandywine Realty Trust by 0.8% in the first quarter. Telos Capital Management Inc. now owns 37,828 shares of the real estate investment trust’s stock worth $614,000 after buying an additional 300 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Brandywine Realty Trust by 0.6% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 85,290 shares of the real estate investment trust’s stock worth $1,384,000 after buying an additional 520 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in shares of Brandywine Realty Trust by 1.9% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 27,939 shares of the real estate investment trust’s stock worth $453,000 after buying an additional 522 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in Brandywine Realty Trust by 3.5% in the first quarter. Envestnet Asset Management Inc. now owns 17,446 shares of the real estate investment trust’s stock worth $283,000 after buying an additional 594 shares during the last quarter.

Brandywine Realty Trust (NYSE:BDN) traded down 0.18% during mid-day trading on Thursday, hitting $16.80. 665,882 shares of the stock traded hands. Brandywine Realty Trust has a 12 month low of $14.04 and a 12 month high of $17.83. The company has a market cap of $2.93 billion, a P/E ratio of 190.91 and a beta of 1.06. The company’s 50 day moving average is $17.28 and its 200 day moving average is $16.77.

The business also recently announced a quarterly dividend, which was paid on Friday, July 21st. Investors of record on Friday, July 7th were given a dividend of $0.16 per share. The ex-dividend date of this dividend was Wednesday, July 5th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.80%. Brandywine Realty Trust’s dividend payout ratio is 800.10%.

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

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