Brandywine Realty (NYSE:BDN) declared a quarterly dividend on Thursday, May 30th, Analyst Ratings Network.com reports. Investors of record on Friday, July 5th will be given a dividend of $0.15 per share on Friday, July 19th. This represents a $0.60 dividend on an annualized basis and a yield of 4.23%.
A number of research firms have also recently commented on BDN. Analysts at Barclays Capital cut their price target on shares of Brandywine Realty from $14.00 to $13.00 in a research note to investors on Thursday, May 23rd. They now have an “underweight” rating on the stock. On a related note, analysts at BMO Capital Markets raised their price target on shares of Brandywine Realty from $13.00 to $15.00 in a research note to investors on Friday, April 26th. They now have a “market perform” rating on the stock. Finally, analysts at Argus raised their price target on shares of Brandywine Realty from $16.00 to $18.00 in a research note to investors on Friday, April 26th. They now have a “buy” rating on the stock.
One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. Brandywine Realty presently has an average rating of “Hold” and an average target price of $15.33.
Shares of Brandywine Realty (NYSE: BDN) remained flat at $14.18 during during mid-day trading trading on Thursday. Brandywine Realty has a 52 week low of $10.79 and a 52 week high of $16.06. The stock’s 50-day moving average is currently $15.15. The company’s market cap is $2.033 billion.
Brandywine Realty (NYSE: BDN) last released its earnings data on Wednesday, April 24th. The company reported $0.35 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.34 by $0.01. The company had revenue of $140.60 million for the quarter, compared to the consensus estimate of $141.73 million. During the same quarter in the previous year, the company posted $0.32 earnings per share. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. Brandywine Realty has set its FY13 guidance at $1.35-1.42 EPS. Analysts expect that Brandywine Realty will post $1.40 EPS for the current fiscal year.
Brandywine Realty Trust is a self-administered and self-managed real estate investment trust (NYSE: BDN) that provides leasing, property management, development, redevelopment, acquisition and other tenant-related services for a portfolio of office, mixed-use and industrial properties.