Brandywine Realty Trust (NYSE:BDN) Releases Quarterly Earnings Results, Beats Expectations By $0.16 EPS

Brandywine Realty Trust (NYSE:BDN) released its quarterly earnings data on Tuesday. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.16, Zacks reports. Brandywine Realty Trust had a negative return on equity of 24.59% and a negative net margin of 60.08%.

Brandywine Realty Trust Price Performance

Shares of BDN traded up $0.02 during mid-day trading on Tuesday, reaching $5.37. The company had a trading volume of 2,320,414 shares, compared to its average volume of 2,455,135. The company has a debt-to-equity ratio of 2.05, a current ratio of 1.74 and a quick ratio of 1.74. The company has a market capitalization of $926.55 million, a P/E ratio of -2.98 and a beta of 1.34. Brandywine Realty Trust has a twelve month low of $3.85 and a twelve month high of $6.54. The company’s 50-day moving average is $5.48 and its 200-day moving average is $5.36.

Brandywine Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 23rd. Stockholders of record on Wednesday, January 8th were paid a $0.15 dividend. The ex-dividend date was Wednesday, January 8th. This represents a $0.60 annualized dividend and a dividend yield of 11.18%. Brandywine Realty Trust’s dividend payout ratio is currently -33.33%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, December 28th.

About Brandywine Realty Trust

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 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 160 properties and 22.6 million square feet as of September 30, 2023 which excludes assets held for sale.