Brandywine Realty Trust (NYSE:BDN) Declares $0.08 Quarterly Dividend

Brandywine Realty Trust (NYSE:BDN – Get Free Report) declared a quarterly dividend on Tuesday, September 15th. Investors of record on Thursday, October 8th will be given a dividend of 0.08 per share by the real estate investment trust on Thursday, October 22nd. This represents a c) annualized dividend and a dividend yield of 11.0%. The ex-dividend date is Thursday, October 8th.

Brandywine Realty Trust has decreased its dividend payment by an average of 0.1%annually over the last three years. Brandywine Realty Trust has a payout ratio of -47.8% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Brandywine Realty Trust to earn $0.60 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 53.3%.

Get Brandywine Realty Trust alerts:

Brandywine Realty Trust Stock Down 1.2%

Shares of NYSE:BDN opened at $2.90 on Wednesday. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.67 and a current ratio of 1.67. The company has a market capitalization of $507.15 million, a PE ratio of -3.54 and a beta of 1.29. Brandywine Realty Trust has a 52 week low of $2.47 and a 52 week high of $4.63. The company’s fifty day moving average is $3.09 and its 200-day moving average is $3.03.

Brandywine Realty Trust (NYSE:BDN – Get Free Report) last announced its earnings results on Thursday, July 23rd. The real estate investment trust reported ($0.18) EPS for the quarter, hitting the consensus estimate of ($0.18). Brandywine Realty Trust had a negative return on equity of 18.52% and a negative net margin of 28.62%.The business had revenue of $128.92 million for the quarter, compared to the consensus estimate of $113.04 million. During the same period in the previous year, the business earned ($0.51) EPS. Equities research analysts predict that Brandywine Realty Trust will post 0.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

BDN has been the subject of a number of recent research reports. Wall Street Zen upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Sunday, July 26th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Brandywine Realty Trust in a research note on Wednesday, July 15th. Three research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $3.50.

View Our Latest Analysis on Brandywine Realty Trust

Brandywine Realty Trust Company Profile

(Get Free Report)

Brandywine Realty Trust (NYSE:BDN) is a self-managed and self-administered real estate investment trust that owns, develops, leases and manages office, mixed-use and life sciences properties. Its portfolio also includes retail, residential and parking components that support its larger urban developments.

The company focuses primarily on high-density, transit-oriented locations in the Philadelphia region, including Center City Philadelphia, University City and surrounding suburban communities.

Featured Stories

• Five stocks we like better than Brandywine Realty Trust
• Marex Stock Doubles on Record Profits, But Can the Rally Continue?
• 2 “Cheap for a Reason” Airline Stocks That May Be Worth the Risk
• Running on Empty: 3 Energy Plays for Europe’s Deep Freeze
• 3 Healthcare Stocks for 3 Stages of Life

Receive News & Ratings for Brandywine Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brandywine Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.