Wall Street brokerages forecast that Brandywine Realty Trust (NYSE:BDN) will report earnings of $0.35 per share for the current fiscal quarter, according to Zacks Investment Research. Five analysts have made estimates for Brandywine Realty Trust’s earnings, with estimates ranging from $0.34 to $0.36. Brandywine Realty Trust also reported earnings of $0.35 per share during the same quarter last year. The firm is scheduled to issue its next earnings report on Wednesday, October 17th.

On average, analysts expect that Brandywine Realty Trust will report full year earnings of $1.37 per share for the current financial year, with EPS estimates ranging from $1.36 to $1.38. For the next year, analysts forecast that the business will report earnings of $1.44 per share, with EPS estimates ranging from $1.41 to $1.47. Zacks’ EPS calculations are a mean average based on a survey of research analysts that cover Brandywine Realty Trust.

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

Separately, Zacks Investment Research downgraded shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, July 14th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Brandywine Realty Trust currently has an average rating of “Hold” and a consensus target price of $18.00.

Brandywine Realty Trust stock opened at $16.72 on Tuesday. Brandywine Realty Trust has a one year low of $15.20 and a one year high of $18.69. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.85 and a quick ratio of 2.85. The stock has a market cap of $3.01 billion, a PE ratio of 12.76, a price-to-earnings-growth ratio of 2.19 and a beta of 0.91.

In related news, Director James C. Diggs sold 5,234 shares of the firm’s stock in a transaction dated 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 directly owns 39,734 shares in the company, valued at approximately $639,320.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Tom Wirth sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, August 1st. The shares were sold at an average price of $16.52, for a total transaction of $49,560.00. Following the completion of the sale, the insider now owns 145,316 shares of the company’s stock, valued at $2,400,620.32. The disclosure for this sale can be found here. Insiders sold a total of 43,234 shares of company stock valued at $710,625 over the last quarter. 1.84% of the stock is currently owned by company insiders.

A number of large investors have recently modified their holdings of the stock. M&T Bank Corp lifted its stake 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 holdings 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 acquiring an additional 3,160 shares during the period. Public Employees Retirement System of Ohio raised its holdings 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 acquiring an additional 3,395 shares during the period. Daiwa Securities Group Inc. raised its holdings 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 acquiring an additional 3,400 shares during the period. Finally, BNP Paribas Arbitrage SA raised its holdings 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 acquiring an additional 3,428 shares during the period.

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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