Brandywine Realty Trust (BDN) to Release Earnings on Wednesday

Brandywine Realty Trust (NYSE:BDN) is scheduled to be releasing its earnings data after the market closes on Wednesday, April 24th. Analysts expect Brandywine Realty Trust to post earnings of $0.34 per share for the quarter. Brandywine Realty Trust has set its FY 2019 guidance at $1.37-1.47 EPS and its FY19 guidance at $1.37-1.47 EPS.

Brandywine Realty Trust (NYSE:BDN) last announced its earnings results on Wednesday, January 30th. The real estate investment trust reported $0.36 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.35 by $0.01. The company had revenue of $139.20 million during the quarter, compared to the consensus estimate of $136.52 million. Brandywine Realty Trust had a net margin of 25.04% and a return on equity of 7.44%. Brandywine Realty Trust’s revenue was up 4.4% compared to the same quarter last year. During the same period last year, the firm earned $0.30 earnings per share. 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 BDN opened at $15.25 on Monday. The company has a market capitalization of $2.68 billion, a price-to-earnings ratio of 11.13, a PEG ratio of 2.41 and a beta of 1.15. Brandywine Realty Trust has a twelve month low of $12.32 and a twelve month high of $17.23. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.63 and a quick ratio of 1.63.

The company also recently announced a quarterly dividend, which was paid on Thursday, April 18th. Shareholders of record on Thursday, April 4th were paid a $0.19 dividend. The ex-dividend date of this dividend was Wednesday, April 3rd. This represents a $0.76 annualized dividend and a yield of 4.98%. Brandywine Realty Trust’s dividend payout ratio (DPR) is 55.47%.

In other news, insider Gerard H. Sweeney sold 190,000 shares of Brandywine Realty Trust stock in a transaction on Thursday, February 14th. The shares were sold at an average price of $15.81, for a total transaction of $3,003,900.00. Following the completion of the sale, the insider now directly owns 1,359,858 shares in the company, valued at $21,499,354.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Gerard H. Sweeney sold 84,973 shares of Brandywine Realty Trust stock in a transaction on Wednesday, February 20th. The stock was sold at an average price of $15.90, for a total transaction of $1,351,070.70. Following the sale, the insider now owns 1,304,831 shares of the company’s stock, valued at $20,746,812.90. The disclosure for this sale can be found here. Insiders own 1.32% of the company’s stock.

Several brokerages have weighed in on BDN. Zacks Investment Research downgraded shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Monday, April 15th. Bank of America downgraded shares of Brandywine Realty Trust from a “buy” rating to a “neutral” rating and lowered their target price for the company from $17.00 to $16.50 in a research note on Monday, February 25th. Barclays upgraded shares of Brandywine Realty Trust from an “equal weight” rating to an “overweight” rating and set a $17.00 target price for the company in a research note on Monday, February 4th. Finally, Raymond James downgraded shares of Brandywine Realty Trust from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 8th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $16.75.

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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 for Brandywine Realty Trust (NYSE:BDN)

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