Brandywine Realty Trust (BDN) Set to Announce Quarterly Earnings on Thursday
Brandywine Realty Trust (NYSE:BDN) is set to issue its quarterly earnings data after the market closes on Thursday, January 25th. Analysts expect the company to announce earnings of $0.13 per share for the quarter.
Brandywine Realty Trust (NYSE:BDN) last announced its earnings results on Wednesday, October 18th. The real estate investment trust reported $0.11 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 for the quarter, compared to the consensus estimate of $131.16 million. During the same period in the previous year, the firm earned $0.33 EPS. Brandywine Realty Trust’s revenue for the quarter was down 1.0% on a year-over-year basis. On average, analysts expect Brandywine Realty Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of Brandywine Realty Trust (NYSE:BDN) opened at $17.42 on Thursday. Brandywine Realty Trust has a twelve month low of $15.63 and a twelve month high of $18.69. The company has a market capitalization of $3,018.21, a P/E ratio of 108.88, a P/E/G ratio of 2.85 and a beta of 1.02. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 1.08.
BDN has been the topic of several recent analyst reports. KeyCorp reissued a “hold” rating on shares of Brandywine Realty Trust in a report on Sunday, September 24th. Zacks Investment Research raised Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Thursday, October 12th. SunTrust Banks reaffirmed a “buy” rating and issued a $18.00 price target on shares of Brandywine Realty Trust in a report on Friday, October 20th. Finally, Evercore ISI raised Brandywine Realty Trust from an “in-line” rating to an “outperform” rating in a report on Monday, December 4th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $18.40.
In other Brandywine Realty Trust news, Director Anthony A. Sr Nichols, Sr. sold 5,000 shares of the company’s stock in a transaction on Wednesday, October 25th. The stock was sold at an average price of $17.41, for a total value of $87,050.00. Following the transaction, the director now owns 60,237 shares of the company’s stock, valued at $1,048,726.17. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Gerard H. Sweeney sold 20,000 shares of the company’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $18.51, for a total value of $370,200.00. The disclosure for this sale can be found here. Insiders sold 34,241 shares of company stock worth $628,301 in the last ninety days. 1.76% of the stock is owned by corporate insiders.
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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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