Equities research analysts expect that Brandywine Realty Trust (NYSE:BDN) will announce sales of $129.18 million for the current fiscal quarter, Zacks reports. Five analysts have issued estimates for Brandywine Realty Trust’s earnings, with the lowest sales estimate coming in at $127.24 million and the highest estimate coming in at $130.21 million. Brandywine Realty Trust reported sales of $128.44 million during the same quarter last year, which would suggest a positive year over year growth rate of 0.6%. The business is expected to report its next quarterly earnings report on Wednesday, October 17th.

According to Zacks, analysts expect that Brandywine Realty Trust will report full year sales of $512.61 million for the current financial year, with estimates ranging from $507.64 million to $516.18 million. For the next financial year, analysts forecast that the business will report sales of $535.62 million per share, with estimates ranging from $514.80 million to $553.32 million. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that follow Brandywine Realty Trust.

Brandywine Realty Trust (NYSE:BDN) last issued its quarterly earnings data on Thursday, July 19th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.27). The company had revenue of $133.80 million for the quarter, compared to analysts’ expectations of $136.68 million. Brandywine Realty Trust had a return on equity of 8.38% and a net margin of 28.08%. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.32 EPS.

Several brokerages have recently weighed in on BDN. ValuEngine downgraded shares of Brandywine Realty Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, May 2nd. Zacks Investment Research upgraded shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, July 24th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $18.00.

In related news, Director James C. Diggs sold 5,234 shares of the company’s stock in a transaction on Thursday, July 26th. The shares were sold at an average price of $16.09, for a total value of $84,215.06. Following the completion of the sale, the director now owns 39,734 shares in the company, valued at approximately $639,320.06. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP William D. Redd sold 30,000 shares of the company’s stock in a transaction on Wednesday, August 15th. The shares were sold at an average price of $16.45, for a total transaction of $493,500.00. Following the completion of the sale, the executive vice president now owns 64,643 shares of the company’s stock, valued at approximately $1,063,377.35. The disclosure for this sale can be found here. In the last quarter, insiders sold 43,234 shares of company stock valued at $710,625. 1.84% of the stock is owned by insiders.

A number of hedge funds have recently added to or reduced their stakes in the stock. M&T Bank Corp raised its position in Brandywine Realty Trust by 15.3% in the 1st quarter. M&T Bank Corp now owns 23,746 shares of the real estate investment trust’s stock valued at $377,000 after purchasing an additional 3,157 shares during the last quarter. Anchor Capital Advisors LLC raised its position in Brandywine Realty Trust by 25.4% in the 2nd quarter. Anchor Capital Advisors LLC now owns 15,620 shares of the real estate investment trust’s stock valued at $264,000 after purchasing an additional 3,160 shares during the last quarter. Public Employees Retirement System of Ohio raised its position in Brandywine Realty Trust by 1.2% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 284,117 shares of the real estate investment trust’s stock valued at $4,796,000 after purchasing an additional 3,395 shares during the last quarter. Daiwa Securities Group Inc. raised its position in Brandywine Realty Trust by 17.5% in the 1st quarter. Daiwa Securities Group Inc. now owns 22,800 shares of the real estate investment trust’s stock valued at $362,000 after purchasing an additional 3,400 shares during the last quarter. Finally, BNP Paribas Arbitrage SA raised its position in Brandywine Realty Trust by 9.1% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 40,935 shares of the real estate investment trust’s stock valued at $691,000 after purchasing an additional 3,428 shares during the last quarter.

Shares of NYSE:BDN traded up $0.09 during trading on Monday, hitting $16.69. 992,551 shares of the company were exchanged, compared to its average volume of 1,127,572. The company has a market capitalization of $2.97 billion, a PE ratio of 12.74, a P/E/G ratio of 2.16 and a beta of 0.96. The company has a current ratio of 2.85, a quick ratio of 2.85 and a debt-to-equity ratio of 1.05. Brandywine Realty Trust has a 12-month low of $15.20 and a 12-month high of $18.69.

Brandywine Realty Trust Company Profile

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, Washington, DC, and Austin markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 184 properties and 25.3 million square feet as of June 30, 2018, which excludes assets held for sale.

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

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