Brandywine Realty Trust (BDN) Set to Announce Quarterly Earnings on Thursday
Brandywine Realty Trust (NYSE:BDN) is scheduled to announce its earnings results after the market closes on Thursday, January 25th. Analysts expect the company to announce earnings of $0.13 per share for the quarter.
Brandywine Realty Trust (NYSE:BDN) last announced its earnings results on Wednesday, October 18th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.24). Brandywine Realty Trust had a net margin of 6.81% and a return on equity of 2.12%. The firm had revenue of $128.43 million for the quarter, compared to analyst estimates of $131.16 million. During the same period last year, the firm earned $0.33 earnings per share. Brandywine Realty Trust’s revenue for the quarter was down 1.0% compared to the same quarter last year. On average, analysts expect Brandywine Realty Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of Brandywine Realty Trust (NYSE BDN) opened at $17.42 on Thursday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.83 and a current ratio of 1.83. Brandywine Realty Trust has a one year low of $15.63 and a one year high of $18.69. The stock has a market cap of $3,018.21, a price-to-earnings ratio of 108.88, a price-to-earnings-growth ratio of 2.85 and a beta of 1.02.
In other news, Director Anthony A. Sr Nichols, Sr. sold 5,000 shares of the business’s stock in a transaction on Wednesday, October 25th. The shares were sold at an average price of $17.41, for a total transaction of $87,050.00. Following the transaction, the director now directly owns 60,237 shares in the company, valued at approximately $1,048,726.17. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Gerard H. Sweeney sold 20,000 shares of the business’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $18.51, for a total transaction of $370,200.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 34,241 shares of company stock worth $628,301. 1.76% of the stock is currently owned by corporate insiders.
Several analysts have issued reports on BDN shares. SunTrust Banks reissued a “buy” rating and set a $18.00 target price on shares of Brandywine Realty Trust in a research note on Friday, October 20th. Zacks Investment Research raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, December 20th. KeyCorp reissued a “hold” rating on shares of Brandywine Realty Trust in a research note on Sunday, September 24th. Finally, Evercore ISI raised shares of Brandywine Realty Trust from an “in-line” rating to an “outperform” rating in a research note on Monday, December 4th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $18.40.
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Brandywine Realty Trust Company Profile
Brandywine Realty Trust is a self-administered and self-managed real estate investment trust (REIT). The Company operates through five segments: Pennsylvania Suburbs, Philadelphia Central Business District (CBD), Metropolitan Washington, DC, Austin, Texas, and Other. The Pennsylvania Suburbs segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs.
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