Brandywine Realty Trust (NYSE:BDN) Receives Consensus Rating of "Reduce" from Analysts

Brandywine Realty Trust (NYSE:BDN) has received a consensus rating of "Reduce" from five research firms. Two analysts rated the stock as "sell" and three as "hold." The average 1-year target price is $4.00. Recent downgrades include KeyCorp, Truist Financial, JPMorgan Chase & Co., Weiss Ratings, and Evercore ISI. Insider activity includes significant stock transactions by Director James C. Diggs and CEO Gerard H. Sweeney. Institutional investors have modified their holdings, with 87.27% of the stock owned by institutions. The stock is currently trading at $3.32.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) has earned a consensus rating of "Reduce" from the five research firms that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $4.00.

BDN has been the subject of several recent research reports. KeyCorp downgraded Brandywine Realty Trust to a "sector weight" rating in a research note on Thursday. Truist Financial lowered shares of Brandywine Realty Trust from a "buy" rating to a "hold" rating and cut their price target for the stock from $5.00 to $4.00 in a report on Tuesday, September 16th. JPMorgan Chase & Co. restated an "underweight" rating on shares of Brandywine Realty Trust in a report on Monday, November 24th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Brandywine Realty Trust in a research report on Wednesday, October 8th. Finally, Evercore ISI reduced their price target on Brandywine Realty Trust from $5.00 to $4.00 and set an "in-line" rating on the stock in a research report on Friday, November 14th.

Check Out Our Latest Stock Analysis on BDN

Insider Activity at Brandywine Realty Trust

In other Brandywine Realty Trust news, Director James C. Diggs sold 23,190 shares of the firm's stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $3.47, for a total transaction of $80,469.30. Following the completion of the transaction, the director owned 128,672 shares in the company, valued at approximately $446,491.84. This trade represents a 15.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Gerard H. Sweeney acquired 88,500 shares of Brandywine Realty Trust stock in a transaction dated Monday, November 10th. The stock was purchased at an average cost of $3.38 per share, for a total transaction of $299,130.00. Following the completion of the purchase, the chief executive officer owned 3,042,210 shares in the company, valued at approximately $10,282,669.80. The trade was a 3.00% increase in their position. The disclosure for this purchase is available in the SEC filing. 3.30% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Advisory Services Network LLC bought a new stake in shares of Brandywine Realty Trust during the third quarter valued at approximately $34,000. Ballentine Partners LLC acquired a new stake in Brandywine Realty Trust in the 3rd quarter valued at $55,000. US Bancorp DE increased its stake in Brandywine Realty Trust by 135.0% during the 1st quarter. US Bancorp DE now owns 13,273 shares of the real estate investment trust's stock valued at $59,000 after purchasing an additional 7,624 shares in the last quarter. Coldstream Capital Management Inc. increased its stake in Brandywine Realty Trust by 48.5% during the 2nd quarter. Coldstream Capital Management Inc. now owns 14,042 shares of the real estate investment trust's stock valued at $60,000 after purchasing an additional 4,588 shares in the last quarter. Finally, Creative Planning raised its holdings in Brandywine Realty Trust by 23.9% during the second quarter. Creative Planning now owns 14,244 shares of the real estate investment trust's stock worth $61,000 after buying an additional 2,749 shares during the last quarter. Institutional investors and hedge funds own 87.27% of the company's stock.

Brandywine Realty Trust Stock Down 0.5%

NYSE:BDN opened at $3.32 on Thursday. The firm has a market capitalization of $575.81 million, a P/E ratio of -3.10 and a beta of 1.30. Brandywine Realty Trust has a 12-month low of $3.23 and a 12-month high of $5.90. The stock's fifty day simple moving average is $3.62 and its 200-day simple moving average is $4.03. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 2.68.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last issued its quarterly earnings data on Thursday, October 23rd. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.01). The business had revenue of $121.42 million during the quarter, compared to analyst estimates of $119.11 million. Brandywine Realty Trust had a negative net margin of 38.03% and a negative return on equity of 19.55%. Equities research analysts expect that Brandywine Realty Trust will post 0.66 earnings per share for the current year.

Brandywine Realty Trust Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were issued a $0.08 dividend. The ex-dividend date was Thursday, October 9th. This represents a $0.32 annualized dividend and a yield of 9.7%. Brandywine Realty Trust's dividend payout ratio is presently -29.91%.

About Brandywine Realty Trust

(Get Free Report)

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.

Should You Invest $1,000 in Brandywine Realty Trust Right Now?

Before you consider Brandywine Realty Trust, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Brandywine Realty Trust wasn't on the list.

While Brandywine Realty Trust currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here