Positive Media Coverage Somewhat Unlikely to Affect Brandywine Realty Trust (BDN) Stock Price
News coverage about Brandywine Realty Trust (NYSE:BDN) has trended positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Brandywine Realty Trust earned a media sentiment score of 0.32 on Accern’s scale. Accern also gave headlines about the real estate investment trust an impact score of 47.186629935933 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Brandywine Realty Trust (BDN) opened at $17.39 on Friday. Brandywine Realty Trust has a 52 week low of $15.63 and a 52 week high of $18.69. The firm has a market capitalization of $3,030.00, a PE ratio of 108.69, a PEG ratio of 2.89 and a beta of 1.02. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 1.08.
Brandywine Realty Trust (NYSE:BDN) last issued its earnings results on Wednesday, October 18th. The real estate investment trust reported $0.11 EPS for the quarter, missing the Zacks’ consensus estimate of $0.35 by ($0.24). The firm had revenue of $128.43 million during the quarter, compared to analysts’ expectations of $131.16 million. Brandywine Realty Trust had a net margin of 6.81% and a return on equity of 2.12%. Brandywine Realty Trust’s quarterly revenue was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.33 EPS. research analysts forecast that Brandywine Realty Trust will post 1.32 EPS for the current fiscal year.
A number of equities research analysts have recently weighed in on the company. KeyCorp restated a “hold” rating on shares of Brandywine Realty Trust in a research note on Sunday, September 24th. Evercore ISI upgraded Brandywine Realty Trust from an “in-line” rating to an “outperform” rating in a research note on Monday, December 4th. Zacks Investment Research lowered Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, October 24th. Finally, SunTrust Banks restated a “buy” rating and set a $18.00 price target on shares of Brandywine Realty Trust in a research note on Friday, October 20th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $18.40.
In related news, CEO Gerard H. Sweeney sold 9,241 shares of the company’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $18.51, for a total value of $171,050.91. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Anthony A. Sr Nichols, Sr. sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 25th. The shares were sold at an average price of $17.41, for a total value of $87,050.00. Following the completion of the sale, the director now owns 60,237 shares in the company, valued at approximately $1,048,726.17. The disclosure for this sale can be found here. In the last quarter, insiders sold 34,241 shares of company stock worth $628,301. 1.76% of the stock is owned by insiders.
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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