Brandywine Realty Trust (NYSE:BDN) is set to post its quarterly earnings results on Wednesday, April 19th. Analysts expect Brandywine Realty Trust to post earnings of $0.01 per share for the quarter. Brandywine Realty Trust has set its FY17 guidance at $1.35-1.42 EPS.
Brandywine Realty Trust (NYSE:BDN) last released its quarterly earnings data on Tuesday, January 31st. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of $0.01 by $0.09. Brandywine Realty Trust had a net margin of 7.65% and a return on equity of 2.08%. The company had revenue of $132.08 million for the quarter, compared to the consensus estimate of $135.56 million. During the same period last year, the company earned $0.39 EPS. The firm’s revenue for the quarter was down 14.2% on a year-over-year basis. On average, analysts expect Brandywine Realty Trust to post $0.17 EPS for the current fiscal year and $0.22 EPS for the next fiscal year.
Brandywine Realty Trust (NYSE:BDN) opened at 16.73 on Monday. Brandywine Realty Trust has a 12-month low of $14.04 and a 12-month high of $17.11. The firm’s 50 day moving average is $16.37 and its 200 day moving average is $15.85. The company has a market cap of $2.92 billion, a P/E ratio of 88.99 and a beta of 1.05.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 19th. Shareholders of record on Wednesday, April 5th will be issued a $0.16 dividend. The ex-dividend date is Monday, April 3rd. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.83%. Brandywine Realty Trust’s dividend payout ratio is currently 355.56%.
In other Brandywine Realty Trust news, Director H Richard Haverstick, Jr. bought 7,500 shares of Brandywine Realty Trust stock in a transaction that occurred on Wednesday, February 8th. The stock was purchased at an average price of $15.98 per share, with a total value of $119,850.00. Following the completion of the acquisition, the director now directly owns 7,500 shares in the company, valued at approximately $119,850. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Gerard H. Sweeney sold 20,000 shares of the firm’s stock in a transaction on Monday, January 23rd. The stock was sold at an average price of $16.52, for a total transaction of $330,400.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 60,000 shares of company stock valued at $991,600. 1.98% of the stock is currently owned by corporate insiders.
A number of research analysts have issued reports on BDN shares. Evercore ISI raised shares of Brandywine Realty Trust from a “hold” rating to a “buy” rating and set a $17.50 price target for the company in a report on Monday, December 19th. They noted that the move was a valuation call. Zacks Investment Research cut shares of Brandywine Realty Trust from a “buy” rating to a “hold” rating in a report on Friday, February 3rd. Raymond James Financial, Inc. raised shares of Brandywine Realty Trust from a “market perform” rating to an “outperform” rating in a report on Monday, January 9th. Finally, Barclays PLC reaffirmed a “neutral” rating on shares of Brandywine Realty Trust in a report on Friday, February 10th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company’s stock. Brandywine Realty Trust currently has a consensus rating of “Hold” and an average price target of $16.25.
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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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