Brandywine Realty Trust (NYSE:BDN) Posts Quarterly Earnings Results


Share on StockTwits

Brandywine Realty Trust (NYSE:BDN) released its quarterly earnings data on Tuesday. The real estate investment trust reported $0.04 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.30), MarketWatch Earnings reports. Brandywine Realty Trust had a net margin of 54.61% and a return on equity of 18.15%. The company had revenue of $120.77 million for the quarter, compared to the consensus estimate of $124.65 million. During the same period last year, the company earned $0.35 EPS. The firm’s revenue for the quarter was down 16.8% on a year-over-year basis.

NYSE BDN traded down $0.13 during trading on Thursday, hitting $13.12. The stock had a trading volume of 3,063,009 shares, compared to its average volume of 2,002,571. The company has a debt-to-equity ratio of 1.06, a quick ratio of 2.07 and a current ratio of 2.07. The stock has a market capitalization of $2.24 billion, a price-to-earnings ratio of 7.50, a P/E/G ratio of 7.56 and a beta of 1.20. Brandywine Realty Trust has a one year low of $7.89 and a one year high of $14.03. The stock has a 50 day simple moving average of $13.18 and a 200 day simple moving average of $11.64.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 21st. Shareholders of record on Wednesday, April 7th were paid a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 5.79%. The ex-dividend date was Tuesday, April 6th. Brandywine Realty Trust’s payout ratio is currently 53.15%.

BDN has been the subject of several research reports. Mizuho increased their price objective on shares of Brandywine Realty Trust from $12.00 to $13.00 and gave the company a “neutral” rating in a report on Wednesday, April 14th. Evercore ISI reaffirmed an “in-line” rating on shares of Brandywine Realty Trust in a report on Monday, March 29th. Finally, Zacks Investment Research downgraded shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Monday, February 8th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. Brandywine Realty Trust has an average rating of “Hold” and an average price target of $11.56.

About Brandywine Realty Trust

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, Austin and Washington, DC markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 175 properties and 24.7 million square feet as of December 31, 2020 which excludes assets held for sale.

Featured Article: What is a Leveraged Buyout (LBO)?

Earnings History for Brandywine Realty Trust (NYSE:BDN)

Receive News & Ratings for Brandywine Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brandywine Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.