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

Brandywine Realty Trust (NYSE:BDN) has received an average rating of “Reduce” from the six brokerages that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $3.50.

Several analysts recently commented on the stock. Wall Street Zen upgraded shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Truist Financial restated a “hold” rating and set a $3.00 price target (down from $3.50) on shares of Brandywine Realty Trust in a report on Monday, April 27th.

Brandywine Realty Trust Stock Performance

BDN stock opened at $3.26 on Monday. The company has a debt-to-equity ratio of 3.55, a quick ratio of 1.93 and a current ratio of 1.93. The stock has a market cap of $565.43 million, a P/E ratio of -2.83 and a beta of 1.30. The firm has a 50 day simple moving average of $3.07 and a 200 day simple moving average of $2.99. Brandywine Realty Trust has a 52 week low of $2.47 and a 52 week high of $4.63.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly 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 company had revenue of $127.00 million for the quarter, compared to analyst estimates of $110.27 million. Brandywine Realty Trust had a negative return on equity of 24.45% and a negative net margin of 40.79%. Research analysts anticipate that Brandywine Realty Trust will post 0.56 earnings per share for the current fiscal year.

Brandywine Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th will be paid a $0.08 dividend. The ex-dividend date is Wednesday, July 8th. This represents a $0.32 dividend on an annualized basis and a yield of 9.8%. Brandywine Realty Trust’s payout ratio is -27.83%.

Institutional Trading of Brandywine Realty Trust

A number of institutional investors have recently added to or reduced their stakes in BDN. Essential Partners LLC lifted its stake in Brandywine Realty Trust by 497.2% in the first quarter. Essential Partners LLC now owns 10,301 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 8,576 shares during the last quarter. HB Wealth Management LLC acquired a new stake in Brandywine Realty Trust in the first quarter valued at approximately $33,000. Cibc World Markets Corp acquired a new stake in Brandywine Realty Trust in the fourth quarter valued at approximately $33,000. Advisory Services Network LLC acquired a new stake in Brandywine Realty Trust in the third quarter valued at approximately $34,000. Finally, Kovack Advisors Inc. acquired a new stake in Brandywine Realty Trust in the fourth quarter valued at approximately $40,000. 87.27% of the stock is currently owned by institutional investors and hedge funds.

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.