Wall Street analysts expect Brandywine Realty Trust (NYSE:BDN) to report $0.34 earnings per share (EPS) for the current quarter, Zacks reports. Two analysts have made estimates for Brandywine Realty Trust’s earnings, with estimates ranging from $0.33 to $0.35. Brandywine Realty Trust reported earnings of $0.35 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 2.9%. The firm is expected to issue its next earnings results on Wednesday, October 20th.
According to Zacks, analysts expect that Brandywine Realty Trust will report full year earnings of $1.36 per share for the current financial year, with EPS estimates ranging from $1.35 to $1.37. For the next year, analysts forecast that the business will post earnings of $1.42 per share, with EPS estimates ranging from $1.42 to $1.43. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Brandywine Realty Trust.
Brandywine Realty Trust (NYSE:BDN) last announced its quarterly earnings results on Monday, July 26th. The real estate investment trust reported $0.02 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by ($0.30). Brandywine Realty Trust had a net margin of 60.77% and a return on equity of 16.78%.
Brandywine Realty Trust stock opened at $13.35 on Wednesday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 2.01 and a current ratio of 2.01. The firm has a market cap of $2.28 billion, a P/E ratio of 7.63, a P/E/G ratio of 4.18 and a beta of 1.20. The business’s fifty day moving average is $13.83 and its two-hundred day moving average is $13.68. Brandywine Realty Trust has a 52 week low of $8.55 and a 52 week high of $15.16.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 20th. Stockholders of record on Wednesday, October 6th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 5.69%. The ex-dividend date is Tuesday, October 5th. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently 54.68%.
Several institutional investors and hedge funds have recently modified their holdings of BDN. Redwood Investment Management LLC increased its holdings in Brandywine Realty Trust by 13.5% in the second quarter. Redwood Investment Management LLC now owns 259,054 shares of the real estate investment trust’s stock valued at $3,552,000 after purchasing an additional 30,842 shares during the last quarter. Metropolitan Life Insurance Co NY increased its holdings in Brandywine Realty Trust by 338,070.6% in the second quarter. Metropolitan Life Insurance Co NY now owns 57,489 shares of the real estate investment trust’s stock valued at $788,000 after purchasing an additional 57,472 shares during the last quarter. MetLife Investment Management LLC increased its holdings in Brandywine Realty Trust by 1,684.1% in the second quarter. MetLife Investment Management LLC now owns 60,874 shares of the real estate investment trust’s stock valued at $835,000 after purchasing an additional 57,462 shares during the last quarter. Paloma Partners Management Co bought a new stake in Brandywine Realty Trust in the second quarter valued at about $367,000. Finally, Balyasny Asset Management LLC increased its holdings in Brandywine Realty Trust by 76.8% in the second quarter. Balyasny Asset Management LLC now owns 400,103 shares of the real estate investment trust’s stock valued at $5,485,000 after purchasing an additional 173,816 shares during the last quarter.
Brandywine Realty Trust Company Profile
Brandywine Realty Trust is a real estate investment trust, which engages in owning, leasing, and managing an urban, town centre and suburban office portfolio. Its services include asset management, development and construction, investment, marketing & leasing, property management and tenant. The firm operates through the following business segments: Philadelphia Central Business District, Pennsylvania Suburbs, Metropolitan Washington, Austin & Texas and Other.
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