Brandywine Realty Trust (NYSE:BDN) Expected to Post Earnings of $0.36 Per Share

Analysts expect that Brandywine Realty Trust (NYSE:BDN) will post earnings per share (EPS) of $0.36 for the current fiscal quarter, according to Zacks. Five analysts have issued estimates for Brandywine Realty Trust’s earnings. The lowest EPS estimate is $0.36 and the highest is $0.38. Brandywine Realty Trust posted earnings per share of $0.35 during the same quarter last year, which would indicate a positive year-over-year growth rate of 2.9%. The company is expected to announce its next earnings report after the market closes on Thursday, October 17th.

On average, analysts expect that Brandywine Realty Trust will report full-year earnings of $1.42 per share for the current year, with EPS estimates ranging from $1.41 to $1.42. For the next financial year, analysts expect that the business will post earnings of $1.46 per share, with EPS estimates ranging from $1.43 to $1.48. Zacks Investment Research’s EPS averages 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 posted its earnings results on Monday, July 22nd. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.32). Brandywine Realty Trust had a net margin of 15.89% and a return on equity of 5.02%. The firm had revenue of $144.20 million during the quarter, compared to the consensus estimate of $144.45 million. During the same quarter last year, the firm posted $0.35 EPS. The business’s revenue was up 7.8% on a year-over-year basis.

A number of research analysts have recently issued reports on the stock. Argus upgraded shares of Brandywine Realty Trust from a “hold” rating to a “buy” rating and set a $17.00 target price for the company in a research note on Monday, July 8th. Zacks Investment Research cut shares of Brandywine Realty Trust from a “buy” rating to a “hold” rating in a research note on Friday, July 26th. ValuEngine cut shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Friday, June 28th. Finally, Bank of America cut shares of Brandywine Realty Trust from a “neutral” rating to an “underperform” rating and cut their target price for the company from $16.50 to $15.50 in a research note on Tuesday, June 11th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $16.25.

In related news, Director Anthony A. Sr Nichols, Sr. sold 6,800 shares of the business’s stock in a transaction that occurred on Tuesday, August 13th. The shares were sold at an average price of $14.54, for a total value of $98,872.00. Following the completion of the transaction, the director now owns 67,522 shares in the company, valued at approximately $981,769.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.32% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BDN. Geode Capital Management LLC grew its holdings in Brandywine Realty Trust by 9.1% during the 4th quarter. Geode Capital Management LLC now owns 2,279,404 shares of the real estate investment trust’s stock worth $29,335,000 after acquiring an additional 190,913 shares during the period. SG Americas Securities LLC grew its holdings in Brandywine Realty Trust by 82.3% during the 1st quarter. SG Americas Securities LLC now owns 35,981 shares of the real estate investment trust’s stock worth $571,000 after acquiring an additional 16,242 shares during the period. Forsta AP Fonden grew its holdings in Brandywine Realty Trust by 92.3% during the 1st quarter. Forsta AP Fonden now owns 32,300 shares of the real estate investment trust’s stock worth $512,000 after acquiring an additional 15,500 shares during the period. Parametric Portfolio Associates LLC grew its holdings in Brandywine Realty Trust by 8.8% during the 1st quarter. Parametric Portfolio Associates LLC now owns 554,167 shares of the real estate investment trust’s stock worth $8,789,000 after acquiring an additional 44,846 shares during the period. Finally, Anchor Capital Advisors LLC grew its holdings in Brandywine Realty Trust by 24.0% during the 1st quarter. Anchor Capital Advisors LLC now owns 18,040 shares of the real estate investment trust’s stock worth $286,000 after acquiring an additional 3,490 shares during the period. 97.46% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE:BDN traded down $0.02 during trading on Wednesday, reaching $14.89. The stock had a trading volume of 48,443 shares, compared to its average volume of 1,066,865. Brandywine Realty Trust has a 52 week low of $12.32 and a 52 week high of $16.57. The business’s 50-day moving average price is $14.51 and its 200 day moving average price is $15.03. The company has a debt-to-equity ratio of 1.23, a current ratio of 2.23 and a quick ratio of 2.23. The stock has a market capitalization of $2.62 billion, a PE ratio of 10.86, a P/E/G ratio of 2.66 and a beta of 0.96.

The business also recently disclosed a — dividend, which will be paid on Thursday, October 17th. Investors of record on Thursday, October 3rd will be given a $0.19 dividend. This represents a yield of 5.1%. The ex-dividend date of this dividend is Wednesday, October 2nd. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently 55.47%.

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, Washington, DC, 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 181 properties and 24.8 million square feet as of December 31, 2018, which excludes assets held for sale.

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

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