BDN

Brandywine Realty Trust
BDN

$5.07

3.68%

Market Cap: 873M

About: Brandywine Realty Trust engaged in the acquisition, development, redevelopment, ownership, management, and operation of a portfolio of office, life science/lab, residential, and mixed-use properties. The company owned and managed properties within five segments. The Philadelphia CBD segment includes properties located in the City of Philadelphia in Pennsylvania. The Pennsylvania Suburbs segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs. The Austin, Texas segment includes properties in the City of Austin, Texas. The Metropolitan Washington, D.C. segment includes properties in Northern Virginia, Washington, D.C. and Southern Maryland. The Other segment includes properties in Camden County, New Jersey and New Castle County, Delaware.

Employees: 331

Financials Real Estate Investment Trusts

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

0

News positive %

of 5 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

3% less repeat investments, than reductions

Existing positions increased: 87 | Existing positions reduced: 90

3.3% less ownership

Funds ownership: 87.3% [Q4 2023] → 84.0% (-3.3%) [Q1 2024]

5% less funds holding

Funds holding: 258 [Q4 2023] → 244 (-14) [Q1 2024]

14% less capital invested

Capital invested by funds: $810M [Q4 2023] → $694M (-$116M) [Q1 2024]

32% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 44

32% less call options, than puts

Call options by funds: $872K | Put options by funds: $1.29M

See Fund Rankings

Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$5.50

8%

upside

Avg. target

$5.75

13%

upside

High target

$6

18%

upside

2 analyst ratings

1 positive

50%

1 neutral

50%

0 negative

0%

Truist Securities Michael Lewis	18%upside $6	Buy Maintained	13 Feb 2024
Deutsche Bank Omotayo Okusanya	8%upside $5.5	Hold Initiated	30 Jan 2024

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about BDN published over the past 30 days

Brandywine Realty Trust (BDN) Q2 2024 Earnings Call Transcript

Brandywine Realty Trust (NYSE:BDN ) Q2 2024 Earnings Conference Call July 24, 2024 9:00 AM ET Company Participants Jerry Sweeney - President and CEO George Johnstone - EVP of Operations Daniel Palazzo - Senior Vice President and Chief Accounting Officer Tom Wirth - EVP and CFO Conference Call Participants Anthony Paolone - JPMorgan Steve Sakwa - Evercore ISI Michael Griffin - Citi Dylan Burzinski - Green Street Omotayo Okusanya - Deutsche Bank Michael Lewis - Truist Securities Gabby Horvath - KeyBanc Operator Good day and thank you for standing by. Welcome to Brandywine Realty Trust, Second Quarter 2024 Earnings Call.

Brandywine Realty Trust (BDN) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Compared to Estimates, Brandywine Realty Trust (BDN) Q2 Earnings: A Look at Key Metrics

Although the revenue and EPS for Brandywine Realty Trust (BDN) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Brandywine Realty Trust (BDN) Q2 Earnings: A Look at Key Metrics

Zacks Investment Research

Brandywine Realty Trust (BDN) Q2 FFO Match Estimates

Brandywine Realty Trust (BDN) came out with quarterly funds from operations (FFO) of $0.22 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.29 per share a year ago.

Brandywine Realty Trust (BDN) Q2 FFO Match Estimates

Brandywine Realty Trust Announces Second Quarter Results

PHILADELPHIA, July 23, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE: BDN) today reported its financial and operating results for the three and six-month periods ended June 30, 2024. Management Comments “We continue to make excellent progress on our 2024 business plan highlighted by exceeding our speculative revenue target at the midpoint of our guidance,” stated Gerard H.

Brandywine Realty Trust Announces Second Quarter Results

Wall Street's Most Accurate Analysts Weigh In On 3 Real Estate Stocks Delivering High-Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Wall Street's Most Accurate Analysts Weigh In On 3 Real Estate Stocks Delivering High-Dividend Yields

7 At Risk Dividend Stocks Investors Should Sell Before It's Too Late

Navigating the world of high yield dividend stocks can be difficult. While those high yields reduce overall investor risk when share prices go down, they also require significant capital for their continued payment.

7 At Risk Dividend Stocks Investors Should Sell Before It's Too Late

Wall Street's Most Accurate Analysts Weigh In On 3 Real Estate Stocks With Over 8% Dividend Yields

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Wall Street's Most Accurate Analysts Weigh In On 3 Real Estate Stocks With Over 8% Dividend Yields

The 'Undercovered' Dozen From May 2024

The "Undercovered" Dozen highlights twelve ideas from the previous month on stocks with limited coverage. Albertsons, Viking Therapeutics, Brandywine Realty Trust, platinum, and more are discussed in this edition. A number of veteran Seeking Alpha analysts are on display in this one. And one of them shares a thesis about their largest portfolio holding at 12%.

The 'Undercovered' Dozen From May 2024

Brandywine Realty Trust: A Diamond In The Rough, +12% Yield

Brandywine Realty Trust is a distressed office REIT trading at a low valuation due to challenges in the commercial real estate sector. Brandywine Realty has been negatively impacted by high interest rates, resulting in lower earnings and a reduced dividend. Brandywine's future potential is significant, with development plans for two major projects that could lead to substantial upside and a return to growing FFO.

Brandywine Realty Trust: A Diamond In The Rough, +12% Yield

Brandywine Realty Trust Announces Common Quarterly Dividend, and Confirms Second Quarter 2024 Earnings Release and Conference Call

PHILADELPHIA, May 23, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.15 per common share and OP Unit payable on July 18, 2024 to holders of record on July 3, 2024. The quarterly dividend is equivalent to an annual rate of $0.60 per share.

Brandywine Realty Trust Announces Common Quarterly Dividend, and Confirms Second Quarter 2024 Earnings Release and Conference Call

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