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

Brandywine Realty Trust (NYSE:BDN) has received an average rating of “Reduce” from the six analysts that are covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation and three have given a hold recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $3.50.

BDN has been the subject of a number of research analyst reports. Truist Financial reaffirmed a “hold” rating and set a $3.00 price objective (down from $3.50) on shares of Brandywine Realty Trust in a research report on Monday, April 27th. Weiss Ratings reissued a “sell (d-)” rating on shares of Brandywine Realty Trust in a research report on Wednesday. Finally, Wall Street Zen lowered Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday.

Brandywine Realty Trust Price Performance

NYSE:BDN opened at $3.15 on Friday. The stock has a market cap of $546.32 million, a P/E ratio of -2.73 and a beta of 1.29. Brandywine Realty Trust has a one year low of $2.47 and a one year high of $4.63. The company has a fifty day moving average price of $3.12 and a 200 day moving average price of $3.01. The company has a debt-to-equity ratio of 3.55, a current ratio of 1.93 and a quick ratio of 1.93.

Brandywine Realty Trust (NYSE:BDN) last issued its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported ($0.28) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.10). The company had revenue of $127.00 million during the quarter, compared to the consensus estimate of $110.27 million. Brandywine Realty Trust had a negative net margin of 40.79% and a negative return on equity of 24.45%. Analysts anticipate that Brandywine Realty Trust will post 0.56 earnings per share for the current year.

Brandywine Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th will be given a $0.08 dividend. The ex-dividend date is Wednesday, July 8th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 10.2%. Brandywine Realty Trust’s dividend payout ratio (DPR) is currently -27.83%.

Institutional Trading of Brandywine Realty Trust

Institutional investors and hedge funds have recently modified their holdings of the company. Essential Partners LLC raised its stake in shares of 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 purchasing an additional 8,576 shares in the last quarter. HB Wealth Management LLC acquired a new position in shares of Brandywine Realty Trust in the 1st quarter valued at $33,000. Cibc World Markets Corp bought a new position in shares of Brandywine Realty Trust during the 4th quarter worth about $33,000. Advisory Services Network LLC acquired a new stake in shares of Brandywine Realty Trust during the 3rd quarter valued at about $34,000. Finally, Kovack Advisors Inc. acquired a new position in Brandywine Realty Trust in the fourth quarter worth about $40,000. 87.27% of the stock is currently owned by institutional investors.

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.