Brandywine Realty Trust Forecasted to Post Q1 2018 Earnings of $0.32 Per Share (BDN)

Brandywine Realty Trust (NYSE:BDN) – Equities researchers at SunTrust Banks dropped their Q1 2018 earnings estimates for shares of Brandywine Realty Trust in a note issued to investors on Tuesday. SunTrust Banks analyst M. Lewis now anticipates that the real estate investment trust will post earnings of $0.32 per share for the quarter, down from their prior estimate of $0.33. SunTrust Banks currently has a “Buy” rating and a $18.00 price target on the stock. SunTrust Banks also issued estimates for Brandywine Realty Trust’s Q2 2018 earnings at $0.34 EPS, Q3 2018 earnings at $0.35 EPS, Q4 2018 earnings at $0.35 EPS and FY2022 earnings at $1.67 EPS.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings data on Thursday, January 25th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.03). The firm had revenue of $133.30 million during the quarter, compared to the consensus estimate of $128.42 million. Brandywine Realty Trust had a return on equity of 7.12% and a net margin of 23.20%. Brandywine Realty Trust’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter last year, the company posted $0.35 EPS.

A number of other equities analysts also recently issued reports on BDN. Zacks Investment Research upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Thursday, October 12th. Evercore ISI upgraded Brandywine Realty Trust from an “in-line” rating to an “outperform” rating in a report on Monday, December 4th. KeyCorp upgraded Brandywine Realty Trust from a “sector weight” rating to an “overweight” rating and set a $21.00 price target for the company in a report on Tuesday, December 19th. Finally, Barclays raised their price target on Brandywine Realty Trust from $17.00 to $18.00 and gave the company an “equal weight” rating in a report on Tuesday. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $19.00.

Brandywine Realty Trust (NYSE:BDN) opened at $17.52 on Thursday. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 1.08. The stock has a market capitalization of $3,089.48, a price-to-earnings ratio of 13.26, a price-to-earnings-growth ratio of 3.00 and a beta of 0.96. Brandywine Realty Trust has a twelve month low of $15.65 and a twelve month high of $18.69.

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 23rd. Stockholders of record on Tuesday, January 9th were issued a dividend of $0.18 per share. The ex-dividend date was Monday, January 8th. This is an increase from Brandywine Realty Trust’s previous quarterly dividend of $0.16. This represents a $0.72 annualized dividend and a dividend yield of 4.11%. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently 110.77%.

In other news, CEO Gerard H. Sweeney sold 9,241 shares of the firm’s stock in a transaction on Monday, December 18th. The stock was sold at an average price of $18.51, for a total transaction of $171,050.91. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.76% of the stock is owned by company insiders.

Large investors have recently modified their holdings of the company. Adviser Investments LLC bought a new position in shares of Brandywine Realty Trust during the third quarter valued at $182,000. Nisa Investment Advisors LLC increased its holdings in Brandywine Realty Trust by 31.6% in the 4th quarter. Nisa Investment Advisors LLC now owns 12,500 shares of the real estate investment trust’s stock worth $227,000 after buying an additional 3,000 shares in the last quarter. Fox Run Management L.L.C. increased its holdings in Brandywine Realty Trust by 47.8% in the 4th quarter. Fox Run Management L.L.C. now owns 19,950 shares of the real estate investment trust’s stock worth $363,000 after buying an additional 6,450 shares in the last quarter. Amica Retiree Medical Trust bought a new stake in Brandywine Realty Trust in the 3rd quarter worth about $356,000. Finally, Schroder Investment Management Group bought a new stake in Brandywine Realty Trust in the 3rd quarter worth about $383,000. Hedge funds and other institutional investors own 99.08% of the company’s stock.

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About Brandywine Realty Trust

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.

Earnings History and Estimates for Brandywine Realty Trust (NYSE:BDN)

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