Brandywine Realty Trust (NYSE:BDN) announced its quarterly earnings results on Wednesday. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.24), Yahoo Finance reports. Brandywine Realty Trust had a net margin of 4.67% and a return on equity of 1.48%. The business had revenue of $128.43 million during the quarter, compared to analysts’ expectations of $131.16 million. During the same period last year, the company earned $0.33 EPS. The firm’s revenue for the quarter was down 1.0% on a year-over-year basis. Brandywine Realty Trust updated its FY17 guidance to $1.32-1.34 EPS and its FY18 guidance to $1.36-1.46 EPS.

Brandywine Realty Trust (BDN) opened at 17.93 on Thursday. The firm has a market cap of $3.13 billion, a price-to-earnings ratio of 203.75 and a beta of 1.05. Brandywine Realty Trust has a 12 month low of $14.04 and a 12 month high of $18.17. The company’s 50-day moving average is $17.40 and its 200 day moving average is $17.16.

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 18th. Investors of record on Wednesday, October 4th were given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 3.57%. The ex-dividend date of this dividend was Tuesday, October 3rd. Brandywine Realty Trust’s dividend payout ratio (DPR) is 800.10%.

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Several brokerages have issued reports on BDN. Zacks Investment Research downgraded shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th. KeyCorp reaffirmed a “hold” rating on shares of Brandywine Realty Trust in a report on Sunday, September 24th. ValuEngine raised shares of Brandywine Realty Trust from a “hold” rating to a “buy” rating in a report on Friday, September 1st. BidaskClub downgraded shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Finally, Mizuho raised shares of Brandywine Realty Trust from a “neutral” rating to a “buy” rating and upped their price target for the company from $16.00 to $19.00 in a report on Monday, July 10th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $17.50.

In other news, EVP William D. Redd sold 112,083 shares of Brandywine Realty Trust stock in a transaction that occurred on Friday, August 11th. The shares were sold at an average price of $16.56, for a total value of $1,856,094.48. Following the transaction, the executive vice president now owns 83,505 shares of the company’s stock, valued at $1,382,842.80. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Wyche Fowler sold 1,824 shares of Brandywine Realty Trust stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $16.82, for a total transaction of $30,679.68. Following the completion of the transaction, the director now directly owns 64,948 shares in the company, valued at approximately $1,092,425.36. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 116,407 shares of company stock worth $1,929,024. Insiders own 1.76% of the company’s stock.

Brandywine Realty Trust Company Profile

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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