Brandywine Realty Trust (NYSE:BDN) Given Average Recommendation of “Reduce” by Brokerages

Shares of Brandywine Realty Trust (NYSE:BDN) have been assigned a consensus rating of “Reduce” from the six analysts that are covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $3.50.

Several equities analysts have weighed in on BDN shares. Truist Financial restated a “hold” rating and set a $3.00 target price (down from $3.50) on shares of Brandywine Realty Trust in a report on Monday, April 27th. Wall Street Zen raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Sunday, July 26th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Brandywine Realty Trust in a research report on Wednesday, July 15th.

Brandywine Realty Trust Stock Down 2.6%

Brandywine Realty Trust stock opened at $3.01 on Tuesday. Brandywine Realty Trust has a fifty-two week low of $2.47 and a fifty-two week high of $4.63. The firm has a market capitalization of $525.49 million, a price-to-earnings ratio of -3.67 and a beta of 1.29. The stock’s fifty day moving average is $3.15 and its two-hundred day moving average is $3.03. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.67 and a current ratio of 1.67.

Brandywine Realty Trust (NYSE:BDN) last released its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported ($0.18) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.18). Brandywine Realty Trust had a negative return on equity of 18.52% and a negative net margin of 28.62%.The business had revenue of $128.92 million during the quarter, compared to the consensus estimate of $113.04 million. During the same quarter in the previous year, the company posted ($0.51) EPS. Analysts predict that Brandywine Realty Trust will post 0.56 EPS for the current fiscal year.

Brandywine Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th were given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 10.6%. The ex-dividend date was Wednesday, July 8th. Brandywine Realty Trust’s payout ratio is currently -39.02%.

Institutional Investors Weigh In On Brandywine Realty Trust

A number of large investors have recently bought and sold shares of BDN. Essential Partners LLC increased its position in Brandywine Realty Trust by 497.2% during the first quarter. Essential Partners LLC now owns 10,301 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 8,576 shares in the last quarter. HB Wealth Management LLC purchased a new stake in shares of Brandywine Realty Trust in the first quarter valued at $33,000. Cibc World Markets Corp purchased a new stake in shares of Brandywine Realty Trust in the fourth quarter valued at $33,000. Advisory Services Network LLC acquired a new stake in shares of Brandywine Realty Trust during the third quarter valued at $34,000. Finally, Kovack Advisors Inc. acquired a new stake in shares of Brandywine Realty Trust during the fourth quarter valued at $40,000. Institutional investors and hedge funds own 87.27% of the company’s stock.

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.