Brandywine Realty Trust (NYSE:BDN) Receives $3.50 Consensus PT from Brokerages

Shares of Brandywine Realty Trust (NYSE:BDN) have earned an average rating of “Reduce” from the six research firms that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $3.50.

A number of equities analysts have commented on the company. Truist Financial reaffirmed a “hold” rating and issued a $3.00 price target (down from $3.50) on shares of Brandywine Realty Trust in a research note on Monday, April 27th. Citigroup reaffirmed a “sell” rating on shares of Brandywine Realty Trust in a research note on Tuesday, January 27th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Brandywine Realty Trust in a research note on Wednesday, January 21st. Finally, Wall Street Zen cut Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, February 7th.

Brandywine Realty Trust Price Performance

BDN stock opened at $3.11 on Friday. The company has a debt-to-equity ratio of 3.55, a quick ratio of 1.86 and a current ratio of 1.93. Brandywine Realty Trust has a 52 week low of $2.47 and a 52 week high of $4.63. The firm’s fifty day moving average is $2.89 and its 200 day moving average is $3.08. The firm has a market cap of $539.37 million, a P/E ratio of -2.70 and a beta of 1.30.

Brandywine Realty Trust (NYSE:BDN) last released its earnings results on Thursday, April 23rd. The real estate investment trust reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.18) by ($0.10). The business had revenue of $127.00 million for the quarter, compared to the consensus estimate of $110.27 million. Brandywine Realty Trust had a negative net margin of 40.79% and a negative return on equity of 24.45%. Research analysts predict that Brandywine Realty Trust will post 0.56 earnings per share for the current year.

Brandywine Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 16th. Shareholders of record on Thursday, April 2nd were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 10.3%. The ex-dividend date of this dividend was Thursday, April 2nd. Brandywine Realty Trust’s payout ratio is -27.83%.

Hedge Funds Weigh In On Brandywine Realty Trust

A number of large investors have recently bought and sold shares of the stock. Creative Planning increased its stake in Brandywine Realty Trust by 23.9% in the 2nd quarter. Creative Planning now owns 14,244 shares of the real estate investment trust’s stock worth $61,000 after purchasing an additional 2,749 shares during the period. The Manufacturers Life Insurance Company increased its stake in Brandywine Realty Trust by 4.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 62,773 shares of the real estate investment trust’s stock worth $269,000 after purchasing an additional 2,781 shares during the period. CWM LLC increased its stake in Brandywine Realty Trust by 11.1% in the 3rd quarter. CWM LLC now owns 28,721 shares of the real estate investment trust’s stock worth $120,000 after purchasing an additional 2,873 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of Brandywine Realty Trust by 12.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 26,897 shares of the real estate investment trust’s stock worth $105,000 after buying an additional 3,029 shares during the last quarter. Finally, Amundi grew its position in shares of Brandywine Realty Trust by 3.3% in the 3rd quarter. Amundi now owns 115,635 shares of the real estate investment trust’s stock worth $459,000 after buying an additional 3,653 shares during the last quarter. 87.27% of the stock is owned by hedge funds and other institutional investors.

About Brandywine Realty Trust

Brandywine Realty Trust (NYSE: BDN) is an internally managed real estate investment trust (REIT) specializing in the acquisition, development, and management of office and mixed-use properties. Headquartered in Radnor, Pennsylvania, the company focuses on creating high‐quality, transit‐oriented workplaces that meet evolving tenant demands for sustainability, technological connectivity, and flexible design. Brandywine’s portfolio emphasizes Class A office space, often integrated with retail, residential or hospitality components to foster vibrant, live‐work‐play environments.

Since its founding in 1994, Brandywine has executed a strategy of disciplined property investment and targeted development.