Brokerages Expect Brandywine Realty Trust (BDN) to Post $0.34 EPS

Wall Street analysts expect that Brandywine Realty Trust (NYSE:BDN) will post $0.34 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Five analysts have provided estimates for Brandywine Realty Trust’s earnings. The lowest EPS estimate is $0.33 and the highest is $0.35. Brandywine Realty Trust also posted earnings per share of $0.34 in the same quarter last year. The business is expected to issue its next earnings report after the market closes on Thursday, July 19th.

On average, analysts expect that Brandywine Realty Trust will report full year earnings of $1.37 per share for the current fiscal year, with EPS estimates ranging from $1.34 to $1.40. For the next fiscal year, analysts forecast that the company will report earnings of $1.46 per share, with EPS estimates ranging from $1.37 to $1.50. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that that provide coverage for Brandywine Realty Trust.

Brandywine Realty Trust (NYSE:BDN) last announced its quarterly earnings data on Thursday, April 19th. The real estate investment trust reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.07). Brandywine Realty Trust had a net margin of 27.38% and a return on equity of 8.37%. The business had revenue of $136.36 million for the quarter, compared to the consensus estimate of $133.17 million. During the same period in the prior year, the company earned $0.32 EPS. Brandywine Realty Trust’s quarterly revenue was up 4.2% on a year-over-year basis.

Several research analysts have commented on BDN shares. JPMorgan Chase & Co. decreased their target price on shares of Brandywine Realty Trust from $18.00 to $17.00 and set a “neutral” rating for the company in a research report on Tuesday, April 24th. Zacks Investment Research upgraded shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, April 17th. SunTrust Banks set a $18.00 target price on shares of Brandywine Realty Trust and gave the stock a “buy” rating in a research report on Monday, April 23rd. Stifel Nicolaus cut shares of Brandywine Realty Trust from a “buy” rating to a “hold” rating and decreased their target price for the stock from $19.00 to $17.00 in a research report on Tuesday, March 13th. Finally, ValuEngine cut shares of Brandywine Realty Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, May 2nd. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $18.17.

Shares of NYSE:BDN traded up $0.05 during trading on Friday, reaching $16.12. 100,592 shares of the company’s stock traded hands, compared to its average volume of 1,605,410. Brandywine Realty Trust has a 12 month low of $15.20 and a 12 month high of $18.69. The company has a quick ratio of 3.74, a current ratio of 3.74 and a debt-to-equity ratio of 1.04. The company has a market cap of $2.91 billion, a PE ratio of 12.31, a P/E/G ratio of 2.15 and a beta of 1.00.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 20th. Stockholders of record on Friday, July 6th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 4.47%. The ex-dividend date is Thursday, July 5th. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently 54.96%.

Institutional investors have recently bought and sold shares of the company. Adviser Investments LLC bought a new position in shares of Brandywine Realty Trust in the first quarter valued at approximately $149,000. Marathon Trading Investment Management LLC bought a new position in shares of Brandywine Realty Trust in the fourth quarter valued at approximately $182,000. JOYN Advisors Inc. bought a new position in shares of Brandywine Realty Trust in the fourth quarter valued at approximately $211,000. Koch Industries Inc. bought a new position in shares of Brandywine Realty Trust in the first quarter valued at approximately $194,000. Finally, Jane Street Group LLC bought a new position in shares of Brandywine Realty Trust in the fourth quarter valued at approximately $225,000.

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, Washington, DC, and Austin markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 185 properties and 25.3 million square feet as of December 31, 2017, which excludes assets held for sale.

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

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