Wall Street analysts expect that Brandywine Realty Trust (NYSE:BDN) will report $130.39 million in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Brandywine Realty Trust’s earnings, with estimates ranging from $123.54 million to $133.39 million. Brandywine Realty Trust reported sales of $130.92 million during the same quarter last year, which indicates a negative year over year growth rate of 0.4%. The company is scheduled to report its next earnings results on Wednesday, April 18th.
On average, analysts expect that Brandywine Realty Trust will report full-year sales of $130.39 million for the current year, with estimates ranging from $496.07 million to $553.22 million. For the next financial year, analysts expect that the business will report sales of $553.71 million per share, with estimates ranging from $516.92 million to $586.85 million. Zacks Investment Research’s sales calculations 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 released its quarterly earnings data on Thursday, January 25th. The real estate investment trust reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.03). Brandywine Realty Trust had a return on equity of 7.12% and a net margin of 23.20%. The firm had revenue of $133.30 million during the quarter, compared to analyst estimates of $128.42 million. During the same quarter in the prior year, the company posted $0.35 EPS. The company’s quarterly revenue was up .9% on a year-over-year basis.
In other Brandywine Realty Trust news, CEO Gerard H. Sweeney sold 9,241 shares of the stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $18.51, for a total transaction of $171,050.91. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.76% of the company’s stock.
Several institutional investors and hedge funds have recently bought and sold shares of the company. BlackRock Inc. boosted its position in shares of Brandywine Realty Trust by 8.1% in the fourth quarter. BlackRock Inc. now owns 13,228,278 shares of the real estate investment trust’s stock valued at $240,624,000 after acquiring an additional 987,496 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Brandywine Realty Trust by 2.9% in the third quarter. JPMorgan Chase & Co. now owns 8,479,270 shares of the real estate investment trust’s stock valued at $148,810,000 after acquiring an additional 237,279 shares during the period. Macquarie Group Ltd. boosted its position in shares of Brandywine Realty Trust by 21.0% in the third quarter. Macquarie Group Ltd. now owns 5,966,584 shares of the real estate investment trust’s stock valued at $104,356,000 after acquiring an additional 1,037,395 shares during the period. Vaughan Nelson Investment Management L.P. boosted its position in shares of Brandywine Realty Trust by 6.6% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 3,887,600 shares of the real estate investment trust’s stock valued at $67,994,000 after acquiring an additional 240,925 shares during the period. Finally, Resolution Capital Ltd boosted its position in shares of Brandywine Realty Trust by 37.0% in the fourth quarter. Resolution Capital Ltd now owns 2,912,263 shares of the real estate investment trust’s stock valued at $52,974,000 after acquiring an additional 786,207 shares during the period. 99.67% of the stock is owned by institutional investors.
Brandywine Realty Trust (BDN) opened at $16.16 on Monday. Brandywine Realty Trust has a twelve month low of $15.65 and a twelve month high of $18.69. The company has a market capitalization of $2,830.27, a P/E ratio of 12.15, a P/E/G ratio of 2.05 and a beta of 0.96. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 1.08.
The business also recently declared a quarterly dividend, which was paid on Tuesday, January 23rd. Shareholders of record on Tuesday, January 9th were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 4.46%. The ex-dividend date was Monday, January 8th. This is an increase from Brandywine Realty Trust’s previous quarterly dividend of $0.16. Brandywine Realty Trust’s dividend payout ratio (DPR) is 110.77%.
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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