BDN
Brandywine Realty TrustBDN
BDN
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
0
Funds holding %
of 6,794 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
145% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 20
17% more capital invested
Capital invested by funds: $678M [Q2] → $792M (+$115M) [Q3]
12% more funds holding
Funds holding: 249 [Q2] → 278 (+29) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
1% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 89
3.46% less ownership
Funds ownership: 87.83% [Q2] → 84.37% (-3.46%) [Q3]
52% less call options, than puts
Call options by funds: $621K | Put options by funds: $1.29M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$6
7%
upside
Avg. target
$6
7%
upside
High target
$6
7%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Evercore ISI Group Steve Sakwa 49% 1-year accuracy 20 / 41 met price target | 7%upside $6 | In-Line Maintained | 16 Sept 2024 |
Financial journalist opinion
Based on 5 articles about BDN published over the past 30 days
Neutral
Seeking Alpha
3 days ago
NAV Monitor: U.S. Equity REITs End November At 6.5% Median Discount
Publicly listed US equity real estate investment trusts closed Nov. 29 at a median 6.5% discount to their consensus net asset value per share estimates. The hotel sector continued to trade at the largest median discount to net asset value at 21.6%. Datacenter REITs (only two in the analysis) traded at the largest median premium to NAV, at 27.6%.
Positive
Seeking Alpha
2 weeks ago
Home For The Holidays
U.S. equity markets rebounded this week as investors weighed a relatively strong slate of housing market data and solid retail earnings against heightened geopolitical volatility in Eastern Europe. Following its worst week in two months, the S&P 500 advanced 1.7% this week - effectively erasing last week's 2% declines and extending its post-election gains to around 5%. Real estate equities - which lagged in two post-election weeks amid a rebound in interest rates - were among the leaders this week following an encouraging slate of REITworld updates.
Neutral
GlobeNewsWire
2 weeks ago
Brandywine Realty Trust Completes Sale of One and Two Barton Skyway in Austin, TX Yielding Net Proceeds in Excess of $100 Million
PHILADELPHIA, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE: BDN) today announced the closing of the sale of One and Two Barton Skyway, located at 1501 and 1601 South MoPac Expressway in Southwest Austin, to the City of Austin. The 386,000-square-foot facility, sold for $107.6 million, or $275 per square foot, will serve as a consolidated public safety headquarters.
Positive
Seeking Alpha
2 weeks ago
Brandywine Realty Trust: A Speculative Buy With Significant Potential Upside
Brandywine Realty Trust's non-office investments aim to boost long-term cash flows while reducing reliance on office properties. Key projects like Uptown ATX Schuylkill Yards are expected to stabilize in the medium term, contributing to future FFO growth. Current financial challenges include short-term debt maturities and dividend coverage.
Neutral
GlobeNewsWire
3 weeks ago
Brandywine Realty Trust Announces Full Lease-Up at 250 Radnor with 119,000-Square-Foot Lease to Global Industrial Leader
PHILADELPHIA, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE: BDN) today announced the execution of a 119,000-square-foot lease with a global leader in industrial solutions at 250 Radnor, bringing the building to 100% leased. This milestone reinforces 250 Radnor's position as a premier life science and office destination within one of the most dynamic submarkets in the country.
Negative
Seeking Alpha
1 month ago
3 REITs That Will Likely Cut Their Dividends
There is a minority of REITs that are really struggling. Overleverage, conflicts of interest, and risky assets. Here are 3 REITs that are at high risk of cutting their dividend.
Negative
Seeking Alpha
1 month ago
Brace For Volatility
U.S. equity markets snapped a six-week winning streak, while benchmark interest rates surged to three-month highs as investors braced for a volatile two-week stretch of market-moving events. Another surprisingly solid slate of domestic economic data - highlighted by improved jobless claims and consumer sentiment reports - lifted the U.S. Economic Surprise Index to the highest-level since April. Retreating from record-highs, the S&P 500 finished lower by 1% on the week, declining for just the second time in the past twelve weeks. Rate-sensitive segments and small-caps were laggards.
Negative
Seeking Alpha
1 month ago
Brandywine Realty: Mixed Q3 Results Drive Profit Taking From Investors
Brandywine Realty Trust's Q3 results were mixed, with FFO missing expectations, but revenue exceeding forecasts; forward guidance aligns with expectations. The company's lease rate is stabilizing, but tenant retention is low; focus on mixed-use and research lab spaces helps mitigate office market challenges. Asset sales and no new property purchases indicate a strategy to become “leaner and meaner”; same-store financials show slight declines but suggest stabilization.
Neutral
Seeking Alpha
1 month ago
Brandywine Realty Trust (BDN) Q3 2024 Earnings Call Transcript
Brandywine Realty Trust (NYSE:BDN ) Q3 2024 Earnings Conference Call October 23, 2024 9:00 AM ET Company Participants Jerry Sweeney - President & Chief Executive Officer Tom Wirth - Executive Vice President and Chief Financial Officer George Johnstone - Executive Vice President of Operations Conference Call Participants Steve Sakwa - Evercore ISI Anthony Paolone - JPMorgan Michael Griffin - Citi Michael Lewis - Truist Securities Tayo Okusanya - Deutsche Bank Dylan Burzinski - Green Street Operator Good day, and thank you for standing by. Welcome to Brandywine Realty Trust Third Quarter 2024 Earnings Call.
Positive
Zacks Investment Research
1 month ago
Brandywine Realty Trust (BDN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Brandywine Realty Trust (BDN) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Charts implemented using Lightweight Charts™