Zacks: Analysts Expect Brandywine Realty Trust (BDN) Will Announce Earnings of $0.33 Per Share

Analysts expect Brandywine Realty Trust (NYSE:BDN) to report earnings per share of $0.33 for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Brandywine Realty Trust’s earnings, with estimates ranging from $0.32 to $0.34. Brandywine Realty Trust reported earnings per share of $0.32 during the same quarter last year, which would suggest a positive year over year growth rate of 3.1%. The company is expected to report its next earnings results on Wednesday, April 18th.

On average, analysts expect that Brandywine Realty Trust will report full-year earnings of $1.37 per share for the current financial year, with EPS estimates ranging from $1.34 to $1.42. For the next year, analysts expect that the company will post earnings of $1.46 per share, with EPS estimates ranging from $1.41 to $1.56. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for Brandywine Realty Trust.

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

A number of equities research analysts recently weighed in 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 report on Friday, October 20th. Barclays lifted their target price on Brandywine Realty Trust from $17.00 to $18.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 30th. Zacks Investment Research raised Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, December 20th. Evercore ISI raised Brandywine Realty Trust from an “in-line” rating to an “outperform” rating in a research report on Monday, December 4th. Finally, KeyCorp raised Brandywine Realty Trust from a “sector weight” rating to an “overweight” rating and set a $21.00 target price on the stock in a research report on Tuesday, December 19th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $19.00.

In other Brandywine Realty Trust news, insider Gerard H. Sweeney sold 20,000 shares of Brandywine Realty Trust stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $18.51, for a total transaction of $370,200.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 1.76% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Nisa Investment Advisors LLC raised its position in shares of Brandywine Realty Trust by 31.6% in the fourth quarter. Nisa Investment Advisors LLC now owns 12,500 shares of the real estate investment trust’s stock valued at $227,000 after purchasing an additional 3,000 shares during the period. River Wealth Advisors LLC raised its holdings in Brandywine Realty Trust by 4.9% during the 3rd quarter. River Wealth Advisors LLC now owns 104,427 shares of the real estate investment trust’s stock valued at $1,826,000 after buying an additional 4,880 shares during the last quarter. Swiss National Bank raised its holdings in Brandywine Realty Trust by 2.1% during the 4th quarter. Swiss National Bank now owns 298,800 shares of the real estate investment trust’s stock valued at $5,435,000 after buying an additional 6,200 shares during the last quarter. Fox Run Management L.L.C. raised its holdings in Brandywine Realty Trust by 47.8% during the 4th quarter. Fox Run Management L.L.C. now owns 19,950 shares of the real estate investment trust’s stock valued at $363,000 after buying an additional 6,450 shares during the last quarter. Finally, Great West Life Assurance Co. Can raised its holdings in Brandywine Realty Trust by 7.0% during the 3rd quarter. Great West Life Assurance Co. Can now owns 107,190 shares of the real estate investment trust’s stock valued at $1,880,000 after buying an additional 7,021 shares during the last quarter. 99.67% of the stock is currently owned by institutional investors.

Brandywine Realty Trust (NYSE BDN) traded down $0.11 during mid-day trading on Friday, reaching $16.03. The company had a trading volume of 434,708 shares, compared to its average volume of 1,656,774. Brandywine Realty Trust has a fifty-two week low of $15.50 and a fifty-two week high of $18.69. The firm has a market capitalization of $2,830.27, a P/E ratio of 24.83, a PEG ratio of 2.05 and a beta of 0.96. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 1.08.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 23rd. Shareholders of record on Tuesday, January 9th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 4.49%. This is an increase from Brandywine Realty Trust’s previous quarterly dividend of $0.16. The ex-dividend date was Monday, January 8th. Brandywine Realty Trust’s payout ratio is presently 110.77%.

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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.

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

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