Analysts Expect Brandywine Realty Trust (NYSE:BDN) Will Post Quarterly Sales of 5.09 Million

Analysts Expect Brandywine Realty Trust (NYSE:BDN) Will Post Quarterly Sales of $125.09 Million


Analysts expect Brandywine Realty Trust (NYSE:BDN – Get Rating) to report $125.09 million in sales for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Brandywine Realty Trust’s earnings, with the highest sales estimate coming in at $125.53 million and the lowest estimate coming in at $124.64 million. Brandywine Realty Trust reported sales of $120.10 million during the same quarter last year, which indicates a positive year-over-year growth rate of 4.2%. The business is expected to announce its next quarterly earnings results after the market closes on Monday, January 1st.

According to Zacks, analysts expect that Brandywine Realty Trust will report full year sales of $511.37 million for the current year, with estimates ranging from $511.10 million to $511.64 million. For the next financial year, analysts expect that the business will report sales of $537.99 million, with estimates ranging from $537.75 million to $538.23 million. Zacks’ sales calculations are an average based on a survey of research analysts that provide coverage for Brandywine Realty Trust.

Brandywine Realty Trust (NYSE:BDN – Get Rating) last released its earnings results on Wednesday, April 20th. The real estate investment trust reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.31). The firm had revenue of $127.50 million during the quarter, compared to analysts’ expectations of $126.45 million. Brandywine Realty Trust had a return on equity of 0.66% and a net margin of 2.30%. The company’s revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.35 earnings per share.

Several brokerages have recently weighed in on BDN. Zacks Investment Research downgraded Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Monday, April 25th. StockNews.com upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Thursday, April 14th.

Shares of BDN opened at $10.85 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.72 and a quick ratio of 1.72. The firm has a market cap of $1.86 billion, a P/E ratio of 155.00, a price-to-earnings-growth ratio of 3.05 and a beta of 1.15. The company has a 50 day simple moving average of $12.04 and a two-hundred day simple moving average of $13.01. Brandywine Realty Trust has a 1 year low of $10.43 and a 1 year high of $15.16.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 20th. Investors of record on Wednesday, July 6th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 7.00%. The ex-dividend date is Tuesday, July 5th. Brandywine Realty Trust’s payout ratio is 1,085.71%.

Several institutional investors and hedge funds have recently modified their holdings of the stock. Rockefeller Capital Management LP grew its holdings in Brandywine Realty Trust by 124.4% in the 4th quarter. Rockefeller Capital Management LP now owns 1,943 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 1,077 shares in the last quarter. Riverview Trust Co purchased a new stake in Brandywine Realty Trust in the 1st quarter valued at $26,000. CWM LLC grew its holdings in Brandywine Realty Trust by 107.8% in the 1st quarter. CWM LLC now owns 3,071 shares of the real estate investment trust’s stock valued at $43,000 after buying an additional 1,593 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its holdings in Brandywine Realty Trust by 301.6% in the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 4,389 shares of the real estate investment trust’s stock valued at $58,000 after buying an additional 3,296 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd grew its holdings in Brandywine Realty Trust by 68.7% in the 1st quarter. Harvest Fund Management Co. Ltd now owns 4,556 shares of the real estate investment trust’s stock valued at $64,000 after buying an additional 1,856 shares in the last quarter.

Brandywine Realty Trust Company Profile (GetRated)

Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia, Austin and Washington, DC markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 175 properties and 24.7 million square feet as of December 31, 2020 which excludes assets held for sale.

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Earnings History and Estimates for Brandywine Realty Trust (NYSE:BDN)



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