Brandywine Realty Trust (NYSE:BDN) Given Consensus Recommendation of “Reduce” by Brokerages

Shares of Brandywine Realty Trust (NYSE:BDN) have earned a consensus recommendation of “Reduce” from the six research firms that are currently covering the stock, MarketBeat reports. Three analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $3.50.

BDN has been the topic of several research reports. Truist Financial reiterated a “hold” rating and issued a $3.00 price target (down from $3.50) on shares of Brandywine Realty Trust in a research report on Monday, April 27th. Wall Street Zen upgraded shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th.

Brandywine Realty Trust Stock Performance

BDN stock opened at $3.03 on Thursday. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 3.55. The company has a 50-day simple moving average of $2.87 and a 200 day simple moving average of $3.03. Brandywine Realty Trust has a fifty-two week low of $2.47 and a fifty-two week high of $4.63. The company has a market capitalization of $525.47 million, a P/E ratio of -2.63 and a beta of 1.30.

Brandywine Realty Trust (NYSE:BDN) last issued its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.18) by ($0.10). Brandywine Realty Trust had a negative return on equity of 24.45% and a negative net margin of 40.79%.The business had revenue of $127.00 million during the quarter, compared to the consensus estimate of $110.27 million. Sell-side analysts predict that Brandywine Realty Trust will post 0.56 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of BDN. Essential Partners LLC increased its holdings in shares of Brandywine Realty Trust by 497.2% in the first quarter. Essential Partners LLC now owns 10,301 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 8,576 shares in the last quarter. HB Wealth Management LLC bought a new position in shares of Brandywine Realty Trust in the first quarter valued at $33,000. Cibc World Markets Corp bought a new position in shares of Brandywine Realty Trust in the fourth quarter valued at $33,000. Advisory Services Network LLC bought a new position in shares of Brandywine Realty Trust in the third quarter valued at $34,000. Finally, Kovack Advisors Inc. bought a new position in shares of Brandywine Realty Trust in the fourth quarter valued at $40,000. Institutional investors own 87.27% of the company’s stock.

About Brandywine Realty Trust

Brandywine Realty Trust (NYSE: BDN) is an internally managed real estate investment trust (REIT) specializing in the acquisition, development, and management of office and mixed-use properties. Headquartered in Radnor, Pennsylvania, the company focuses on creating high‐quality, transit‐oriented workplaces that meet evolving tenant demands for sustainability, technological connectivity, and flexible design. Brandywine’s portfolio emphasizes Class A office space, often integrated with retail, residential or hospitality components to foster vibrant, live‐work‐play environments.

Since its founding in 1994, Brandywine has executed a strategy of disciplined property investment and targeted development.