Brandywine Realty Trust (NYSE:BDN) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Brandywine Realty Trust (NYSE:BDN) have received a consensus rating of “Moderate Buy” from the four research firms that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $5.63.

Separately, StockNews.com raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Thursday.

Hedge Funds Weigh In On Brandywine Realty Trust

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in shares of Brandywine Realty Trust by 2.4% during the 1st quarter. Vanguard Group Inc. now owns 28,280,532 shares of the real estate investment trust’s stock valued at $135,747,000 after purchasing an additional 651,299 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Brandywine Realty Trust by 11.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,213,563 shares of the real estate investment trust’s stock valued at $28,153,000 after purchasing an additional 540,658 shares in the last quarter. Federated Hermes Inc. boosted its position in shares of Brandywine Realty Trust by 1.6% during the 4th quarter. Federated Hermes Inc. now owns 3,017,941 shares of the real estate investment trust’s stock valued at $16,297,000 after purchasing an additional 48,959 shares in the last quarter. Norges Bank bought a new position in shares of Brandywine Realty Trust during the 4th quarter valued at about $6,610,000. Finally, Congress Asset Management Co. MA boosted its position in shares of Brandywine Realty Trust by 1.1% during the 1st quarter. Congress Asset Management Co. MA now owns 664,750 shares of the real estate investment trust’s stock valued at $3,191,000 after purchasing an additional 6,921 shares in the last quarter. Institutional investors own 87.27% of the company’s stock.

Brandywine Realty Trust Stock Performance

Shares of BDN stock traded up $0.21 during trading hours on Thursday, reaching $4.89. The stock had a trading volume of 1,913,862 shares, compared to its average volume of 1,874,432. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.21 and a quick ratio of 2.21. Brandywine Realty Trust has a twelve month low of $3.62 and a twelve month high of $5.67. The firm has a 50-day simple moving average of $4.58 and a 200-day simple moving average of $4.58. The firm has a market capitalization of $842.40 million, a PE ratio of -4.01 and a beta of 1.33.

Brandywine Realty Trust (NYSE:BDN) last released its quarterly earnings data on Tuesday, July 23rd. The real estate investment trust reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.05). Brandywine Realty Trust had a negative return on equity of 11.98% and a negative net margin of 32.27%. The firm had revenue of $125.30 million during the quarter, compared to analyst estimates of $119.47 million. During the same period last year, the business earned $0.29 EPS. The firm’s revenue was down .5% on a year-over-year basis. As a group, equities analysts forecast that Brandywine Realty Trust will post 0.93 earnings per share for the current year.

Brandywine Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 18th. Investors of record on Wednesday, July 3rd were given a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, July 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 12.27%. Brandywine Realty Trust’s dividend payout ratio is presently -49.18%.

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.