Brandywine Realty Trust (NYSE:BDN) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Brandywine Realty Trust (NYSE:BDN) have been assigned a consensus rating of “Moderate Buy” from the four analysts that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $5.63.

BDN has been the subject of a number of recent analyst reports. Truist Financial lowered their price target on shares of Brandywine Realty Trust from $7.00 to $6.00 and set a “buy” rating for the company in a report on Tuesday, February 13th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Brandywine Realty Trust in a report on Tuesday, January 30th. They set a “hold” rating and a $5.50 target price for the company. Finally, StockNews.com cut Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, January 30th.

Brandywine Realty Trust Trading Down 0.2 %

BDN stock opened at $4.64 on Thursday. The company has a market capitalization of $799.33 million, a PE ratio of -3.80 and a beta of 1.26. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.21 and a current ratio of 2.21. Brandywine Realty Trust has a one year low of $3.45 and a one year high of $5.67. The company’s 50 day moving average price is $4.48 and its two-hundred day moving average price is $4.57.

Brandywine Realty Trust (NYSE:BDN) last released its earnings results on Thursday, April 18th. The real estate investment trust reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.34). The company had revenue of $126.50 million during the quarter, compared to the consensus estimate of $122.83 million. Brandywine Realty Trust had a negative net margin of 40.61% and a negative return on equity of 14.62%. The company’s revenue was down 2.1% on a year-over-year basis. During the same period last year, the firm posted $0.29 EPS. As a group, analysts predict that Brandywine Realty Trust will post 0.93 earnings per share for the current fiscal year.

Brandywine Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 18th. Shareholders of record on Thursday, April 4th were issued a $0.15 dividend. The ex-dividend date was Wednesday, April 3rd. This represents a $0.60 annualized dividend and a yield of 12.93%. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently -49.18%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. lifted its stake in shares of Brandywine Realty Trust by 9.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,672,905 shares of the real estate investment trust’s stock valued at $21,215,000 after purchasing an additional 389,373 shares during the period. Asset Management One Co. Ltd. lifted its position in Brandywine Realty Trust by 2.6% during the fourth quarter. Asset Management One Co. Ltd. now owns 265,773 shares of the real estate investment trust’s stock valued at $1,462,000 after buying an additional 6,829 shares during the period. Bramshill Investments LLC boosted its holdings in shares of Brandywine Realty Trust by 159.8% during the 3rd quarter. Bramshill Investments LLC now owns 280,655 shares of the real estate investment trust’s stock valued at $1,274,000 after buying an additional 172,632 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Brandywine Realty Trust by 1,832.8% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,484,966 shares of the real estate investment trust’s stock worth $6,742,000 after buying an additional 1,408,138 shares during the period. Finally, Algert Global LLC increased its stake in shares of Brandywine Realty Trust by 21.8% in the 3rd quarter. Algert Global LLC now owns 921,443 shares of the real estate investment trust’s stock worth $4,183,000 after acquiring an additional 165,090 shares in the last quarter. Hedge funds and other institutional investors own 87.27% of the company’s stock.

Brandywine Realty Trust Company Profile

Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia and Austin markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 160 properties and 22.6 million square feet as of September 30, 2023 which excludes assets held for sale.