Evercore ISI Issues Pessimistic Forecast for Brandywine Realty Trust (NYSE:BDN) Stock Price

Brandywine Realty Trust (NYSE:BDN - Free Report) had its target price decreased by Evercore ISI from $6.00 to $5.00 in a research note issued to investors on Thursday,Benzinga reports. Evercore ISI currently has an in-line rating on the real estate investment trust's stock.

Separately, StockNews.com upgraded shares of Brandywine Realty Trust from a "sell" rating to a "hold" rating in a research note on Saturday, December 28th.

Brandywine Realty Trust Stock Performance

Shares of NYSE:BDN traded down $0.01 on Thursday, hitting $4.95. The company's stock had a trading volume of 1,558,024 shares, compared to its average volume of 2,672,743. The company has a market capitalization of $855.41 million, a price-to-earnings ratio of -4.35 and a beta of 1.34. The company has a debt-to-equity ratio of 2.12, a quick ratio of 1.74 and a current ratio of 2.26. Brandywine Realty Trust has a 12 month low of $3.85 and a 12 month high of $6.54. The stock's 50-day moving average is $5.43 and its two-hundred day moving average is $5.37.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last announced its earnings results on Tuesday, February 4th. 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. Brandywine Realty Trust had a negative net margin of 38.46% and a negative return on equity of 16.40%. On average, equities research analysts forecast that Brandywine Realty Trust will post 0.66 EPS for the current year.

Brandywine Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 23rd. Shareholders of record on Wednesday, January 8th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 12.11%. The ex-dividend date of this dividend was Wednesday, January 8th. Brandywine Realty Trust's dividend payout ratio (DPR) is presently -52.63%.

Hedge Funds Weigh In On Brandywine Realty Trust

Hedge funds have recently made changes to their positions in the business. Quarry LP lifted its stake in Brandywine Realty Trust by 752.5% during the third quarter. Quarry LP now owns 4,595 shares of the real estate investment trust's stock valued at $25,000 after purchasing an additional 4,056 shares during the last quarter. Kestra Investment Management LLC acquired a new stake in shares of Brandywine Realty Trust during the 4th quarter valued at $26,000. US Bancorp DE lifted its position in shares of Brandywine Realty Trust by 11,198.0% during the 4th quarter. US Bancorp DE now owns 5,649 shares of the real estate investment trust's stock valued at $32,000 after acquiring an additional 5,599 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Brandywine Realty Trust by 360.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 8,248 shares of the real estate investment trust's stock worth $45,000 after acquiring an additional 6,457 shares in the last quarter. Finally, Paloma Partners Management Co acquired a new position in shares of Brandywine Realty Trust in the 3rd quarter worth $55,000. Institutional investors and hedge funds own 87.27% of the company's stock.

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.