Wall Street brokerages forecast that Brandywine Realty Trust (NYSE:BDN) will report $129.59 million in sales for the current quarter, Zacks reports. Five analysts have issued estimates for Brandywine Realty Trust’s earnings, with the highest sales estimate coming in at $131.11 million and the lowest estimate coming in at $128.42 million. Brandywine Realty Trust posted sales of $132.09 million during the same quarter last year, which would indicate a negative year-over-year growth rate of 1.9%. The company is expected to report its next earnings results on Tuesday, January 30th.

On average, analysts expect that Brandywine Realty Trust will report full year sales of $129.59 million for the current year, with estimates ranging from $493.56 million to $518.25 million. For the next fiscal year, analysts forecast that the company will post sales of $528.39 million per share, with estimates ranging from $512.66 million to $542.53 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side analysts that cover Brandywine Realty Trust.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings data on Wednesday, October 18th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.24). Brandywine Realty Trust had a return on equity of 2.12% and a net margin of 6.81%. The firm had revenue of $128.43 million during the quarter, compared to analyst estimates of $131.16 million. During the same quarter in the previous year, the firm posted $0.33 earnings per share. The company’s quarterly revenue was down 1.0% on a year-over-year basis.

Several equities research analysts recently issued reports on BDN shares. BidaskClub upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, August 26th. Zacks Investment Research upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Friday, September 1st. SunTrust Banks, Inc. reiterated a “buy” rating and issued a $18.00 price objective on shares of Brandywine Realty Trust in a report on Friday, October 20th. KeyCorp reiterated a “hold” rating on shares of Brandywine Realty Trust in a report on Friday, August 25th. Finally, ValuEngine upgraded Brandywine Realty Trust from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $17.58.

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In other news, Director Anthony A. Sr Nichols, Sr. sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 25th. The stock was sold at an average price of $17.41, for a total transaction of $87,050.00. Following the transaction, the director now directly owns 60,237 shares in the company, valued at approximately $1,048,726.17. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 1.76% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the company. Honeywell International Inc. raised its position in shares of Brandywine Realty Trust by 27.8% during the 3rd quarter. Honeywell International Inc. now owns 103,842 shares of the real estate investment trust’s stock valued at $1,816,000 after buying an additional 22,557 shares during the period. TIAA CREF Investment Management LLC raised its position in shares of Brandywine Realty Trust by 35.0% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 414,481 shares of the real estate investment trust’s stock valued at $7,266,000 after buying an additional 107,354 shares during the period. Franklin Resources Inc. raised its position in shares of Brandywine Realty Trust by 3.4% during the 2nd quarter. Franklin Resources Inc. now owns 5,346,730 shares of the real estate investment trust’s stock valued at $93,728,000 after buying an additional 175,935 shares during the period. Virginia Retirement Systems ET AL raised its position in shares of Brandywine Realty Trust by 90.9% during the 2nd quarter. Virginia Retirement Systems ET AL now owns 114,900 shares of the real estate investment trust’s stock valued at $2,014,000 after buying an additional 54,700 shares during the period. Finally, Citigroup Inc. raised its position in shares of Brandywine Realty Trust by 24.2% during the 2nd quarter. Citigroup Inc. now owns 171,626 shares of the real estate investment trust’s stock valued at $3,009,000 after buying an additional 33,434 shares during the period. 99.11% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Brandywine Realty Trust (NYSE BDN) opened at $17.48 on Friday. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 1.08. Brandywine Realty Trust has a twelve month low of $14.80 and a twelve month high of $18.18. The stock has a market capitalization of $3,074.37, a PE ratio of 12.88, a P/E/G ratio of 2.65 and a beta of 1.04.

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 18th. Stockholders of record on Wednesday, October 4th were issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 3.66%. The ex-dividend date of this dividend was Tuesday, October 3rd. Brandywine Realty Trust’s dividend payout ratio is currently 400.03%.

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.

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

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