BDN

Brandywine Realty Trust
BDN
Market cap $979M

5.67 USD

-0.03

0.53%

At close Oct 3, 4:00 PM EDT

After hours

5.67

+0.00

0%

1 day

-0.53%

5 days

3.28%

1 month

10.74%

3 months

28.57%

6 months

30.34%

Year to date

2.72%

1 year

45.38%

5 years

-61.3%

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 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

14% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 21

1% more funds holding

Funds holding: 246 [Q1] → 249 (+3) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

3% less call options, than puts

Call options by funds: $543K | Put options by funds: $560K

1.14% less ownership

Funds ownership: 86.53% [Q1] → 85.39% (-1.14%) [Q2]

8% less capital invested

Capital invested by funds: $715M [Q1] → $659M (-$56M) [Q2]

24% less repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 102

See Fund Rankings

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$5.50

3%

downside

Avg. target

$5.75

1%

upside

High target

$6

6%

upside

2 analyst ratings

0 positive

0%

2 neutral

100%

0 negative

0%

Evercore ISI Group Steve Sakwa 52% 1-year accuracy 23 / 44 met price target	6%upside $6	In-Line Maintained	16 Sept 2024
Evercore ISI Group Steve Sakwa 52% 1-year accuracy 23 / 44 met price target	3%downside $5.50	In-Line Maintained	16 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about BDN published over the past 30 days

Animal Spirits Awaken

U.S. equity markets gained for a third-straight week while short-term interest rates declined to two-year lows as "Goldilocks" economic data provided a backdrop of support for dovish Fed policy. Following combined gains of 5% over the prior two weeks, the S&P 500 gained another 0.6% this week, notching another series of all-time highs. Real estate equities - the most "Fed sensitive" market segment - underperformed for a second week following a significant two-month rally heading into the Fed's rate cut announcement.

Animal Spirits Awaken

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

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

PHILADELPHIA, Sept. 25, 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 October 24, 2024 to holders of record on October 9, 2024. The quarterly dividend is equivalent to an annual rate of $0.60 per share.

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

Five Iron Golf to Open its Third Location in Philadelphia's Heart of the Business District

Top Landlord Partners with the Premier Golf and Entertainment Venue to Elevate Office Tenant Amenities Top Landlord Partners with the Premier Golf and Entertainment Venue to Elevate Office Tenant Amenities

Five Iron Golf to Open its Third Location in Philadelphia's Heart of the Business District

24/7 Wall Street

Want $13,500? Check Out These High Dividend REIT Stocks

24/7 Wall Street Insights Real estate is a tried and true asset class for passive income wealth building, but the high entry price can eliminate those with limited liquid investment capital.

Want $13,500? Check Out These High Dividend REIT Stocks

7 Potential Mousetrap REITs - High, Potentially Unsafe Yields

From a fundamental standpoint, this may be a good time to invest in REITs with high yields. It's crucial to avoid mousetrap REITs with high dividend yields that may be unsustainable, as dividend cuts quickly lead to dramatic losses in share value and reduced income. This article lists 22 equity REITs in significant danger of a dividend cut within the next 12 months.

7 Potential Mousetrap REITs - High, Potentially Unsafe Yields

Brandywine Realty Q2 Earnings: Awaiting A Major Market Reversal

The urban real estate sector has been reshaped by shifting consumer preferences and hybrid working patterns over the past five years. Brandywine Realty Trust focuses on Philadelphia and Austin, owning and developing mixed-use assets. Brandywine Realty reports Q2 earnings, exceeding revenue targets, increasing leasing activity, and refinancing unsecured bonds to fund and ambitious capital plan.

Brandywine Realty Q2 Earnings: Awaiting A Major Market Reversal

Soft Landing Secured

U.S. equity markets posted mixed performance while interest rates dipped to four-month lows as a lukewarm start to corporate earnings season and mixed economic data reinforced Fed rate cut expectations. Another twist in a wild month of politics, President Biden announced that he would not seek reelection, instead endorsing VP Harris, setting the stage for a more competitive November election. The S&P 500 slipped 0.8% on the week as the powerful "value rotation" trade extended into a third-week. The Small-Cap 600 rallied 3.6% while the mega-cap Nasdaq 100 dipped 2.6%.

Soft Landing Secured

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

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