Brandywine Realty Trust (NYSE:BDN – Get Free Report) announced its earnings results on Tuesday. The real estate investment trust reported $0.17 earnings per share for the quarter, beating the consensus estimate 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 Trading Up 0.3 %
Shares of BDN stock traded up $0.02 during trading hours on Tuesday, reaching $5.37. 2,330,909 shares of the stock traded hands, compared to its average volume of 2,456,434. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 2.05. The firm has a market capitalization of $926.55 million, a PE ratio of -2.98 and a beta of 1.34. Brandywine Realty Trust has a 1-year low of $3.85 and a 1-year high of $6.54. The business has a fifty day moving average price of $5.48 and a 200 day moving average price of $5.36.
Brandywine Realty Trust Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, January 23rd. Investors of record on Wednesday, January 8th were paid a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, January 8th. This represents a $0.60 dividend on an annualized basis and a yield of 11.18%. Brandywine Realty Trust’s dividend payout ratio is currently -33.33%.
Analyst Upgrades and Downgrades
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.
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