Q1 2018 Earnings Estimate for Brandywine Realty Trust Issued By DA Davidson (NYSE:BDN)

Brandywine Realty Trust (NYSE:BDN) – Equities researchers at DA Davidson lowered their Q1 2018 earnings per share (EPS) estimates for Brandywine Realty Trust in a research report issued on Friday, according to Zacks Investment Research. DA Davidson analyst B. Oxford now anticipates that the real estate investment trust will post earnings per share of $0.34 for the quarter, down from their prior forecast of $0.35. DA Davidson also issued estimates for Brandywine Realty Trust’s Q2 2018 earnings at $0.34 EPS, Q3 2018 earnings at $0.34 EPS, Q4 2018 earnings at $0.35 EPS, FY2018 earnings at $1.37 EPS, Q1 2019 earnings at $0.34 EPS, Q2 2019 earnings at $0.35 EPS, Q3 2019 earnings at $0.36 EPS and Q4 2019 earnings at $0.36 EPS.

Brandywine Realty Trust (NYSE:BDN) last announced its earnings results on Thursday, January 25th. The real estate investment trust reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.03). The company had revenue of $133.30 million for the quarter, compared to the consensus estimate of $128.42 million. Brandywine Realty Trust had a net margin of 23.20% and a return on equity of 7.12%. The company’s revenue for the quarter was up .9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.35 EPS.

Several other equities research analysts have also commented on the stock. Zacks Investment Research raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Monday, December 11th. KeyCorp raised shares of Brandywine Realty Trust from a “sector weight” rating to an “overweight” rating and set a $21.00 price objective on the stock in a research note on Tuesday, December 19th. Evercore ISI raised shares of Brandywine Realty Trust from an “in-line” rating to an “outperform” rating in a research note on Monday, December 4th. SunTrust Banks reissued a “buy” rating and set a $18.00 price objective on shares of Brandywine Realty Trust in a research note on Friday, October 20th. Finally, Barclays boosted their price objective on shares of Brandywine Realty Trust from $17.00 to $18.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 30th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $19.00.

Shares of Brandywine Realty Trust (NYSE BDN) opened at $16.14 on Monday. The firm has a market cap of $2,830.00, a PE ratio of 24.83, a PEG ratio of 2.05 and a beta of 0.96. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.83 and a current ratio of 1.83. Brandywine Realty Trust has a 52 week low of $15.50 and a 52 week high of $18.69.

A number of institutional investors have recently modified their holdings of the business. Thrivent Financial For Lutherans raised its holdings in Brandywine Realty Trust by 1.5% in the second quarter. Thrivent Financial For Lutherans now owns 69,904 shares of the real estate investment trust’s stock worth $1,225,000 after buying an additional 1,000 shares during the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of Brandywine Realty Trust by 31.6% during the fourth quarter. Nisa Investment Advisors LLC now owns 12,500 shares of the real estate investment trust’s stock valued at $227,000 after purchasing an additional 3,000 shares during the last quarter. River Wealth Advisors LLC raised its holdings in shares of Brandywine Realty Trust by 4.9% during the third quarter. River Wealth Advisors LLC now owns 104,427 shares of the real estate investment trust’s stock valued at $1,826,000 after purchasing an additional 4,880 shares during the last quarter. Swiss National Bank raised its holdings in shares of Brandywine Realty Trust by 2.1% during the fourth quarter. Swiss National Bank now owns 298,800 shares of the real estate investment trust’s stock valued at $5,435,000 after purchasing an additional 6,200 shares during the last quarter. Finally, Fox Run Management L.L.C. raised its holdings in shares of Brandywine Realty Trust by 47.8% during the fourth quarter. Fox Run Management L.L.C. now owns 19,950 shares of the real estate investment trust’s stock valued at $363,000 after purchasing an additional 6,450 shares during the last quarter. 99.67% of the stock is owned by institutional investors and hedge funds.

In other Brandywine Realty Trust news, CEO Gerard H. Sweeney sold 9,241 shares of Brandywine Realty Trust stock in a transaction dated Monday, December 18th. The shares were sold at an average price of $18.51, for a total value of $171,050.91. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.76% of the stock is currently owned by insiders.

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 23rd. Shareholders of record on Tuesday, January 9th were issued a $0.18 dividend. The ex-dividend date of this dividend was Monday, January 8th. This is a boost from Brandywine Realty Trust’s previous quarterly dividend of $0.16. This represents a $0.72 annualized dividend and a yield of 4.46%. Brandywine Realty Trust’s payout ratio is 110.77%.

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Brandywine Realty Trust Company Profile

Brandywine Realty Trust is a self-administered and self-managed real estate investment trust (REIT). The Company operates through five segments: Pennsylvania Suburbs, Philadelphia Central Business District (CBD), Metropolitan Washington, DC, Austin, Texas, and Other. The Pennsylvania Suburbs segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs.

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

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