Brandywine Realty downgraded by Citigroup with a new price target
$BDN
Real Estate Investment Trusts
Real Estate
Citigroup downgraded Brandywine Realty from Neutral to Sell and set a new price target of $5.00 from $6.50 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/30/2024 | $5.50 | Hold | Deutsche Bank |
| 9/12/2023 | $6.00 | Overweight | KeyBanc Capital Markets |
| 12/14/2022 | $6.50 → $5.00 | Neutral → Sell | Citigroup |
| 9/14/2022 | $11.00 | Hold → Buy | Truist |
| 6/23/2022 | Neutral | Credit Suisse | |
| 1/18/2022 | Buy → Hold | Truist Securities | |
| 1/18/2022 | $15.00 | Buy → Hold | Truist |
Brandywine Realty Tr (NYSE:BDN) reported quarterly earnings of $0.22 per share which missed the analyst consensus estimate of $0.23 by 4.35 percent. The company reported quarterly sales of $125.346 million which missed the analyst consensus estimate of $126.226 million by 0.70 percent. This is a 0.43 percent decrease over sales of $125.882 million the same period last year.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the real estate sector. Brandywine Realty Trust (NYSE:BDN) Dividend Yield: 12.77% Truist Securities analyst Michael Lewis maintained a Buy rating and cu
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the real estate sector. Brandywine Realty Trust (NYSE:BDN) Dividend Yield: 13.27% Truist Securities analyst Mic
Deutsche Bank initiated coverage of Brandywine Realty with a rating of Hold and set a new price target of $5.50
KeyBanc Capital Markets initiated coverage of Brandywine Realty with a rating of Overweight and set a new price target of $6.00
Citigroup downgraded Brandywine Realty from Neutral to Sell and set a new price target of $5.00 from $6.50 previously
DEFA14A - BRANDYWINE REALTY TRUST (0000790816) (Filer)
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DEFA14A - BRANDYWINE REALTY TRUST (0000790816) (Filer)
Philadelphia, PA, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Five Iron Golf, the nation's leading indoor golf and entertainment destination, is thrilled to announce the development of its third corporate-owned location at Three Logan Square, 1717 Arch Street, in Philadelphia's Logan Square neighborhood, a renowned corporate and residential hub. Slated to open early next year, this new venture is the result of a strategic partnership with Brandywine Realty Trust, aimed at bringing a high-end recreational and wellness-focused amenity to premier office buildings. This will be Five Iron Golf's third location in Philadelphia, joining its well-established Rittenhouse and Fishtown venues. Designed with
Universal Display Corporation (NASDAQ:OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced that Dr. Nigel Brown and Dr. Joan Lau have joined the Company's Board of Directors, effective March 4, 2024. The addition of these new directors expands UDC's Board to ten members. "I am pleased to welcome Nigel and Joan to the Board," said Steven V. Abramson, President and Chief Executive Officer of Universal Display Corporation and a member of the Board. "Nigel adds a wealth of business innovation, technical knowledge and corporate strategic planning expertise to our Board. Joan brings over two decades of extensive scienti
Brings more than 20 years of experience as an entrepreneur scientist, CEO, operator, investor, and board member of public and private biopharmaceutical companies Rockwell Medical, Inc. (the "Company") (NASDAQ:RMTI), a healthcare company that develops, manufactures, commercializes, and distributes a portfolio of hemodialysis products to dialysis providers worldwide, today announced that the Company appointed Joan Lau, Ph.D. to its board of directors. Dr. Lau's appointment increases Rockwell Medical's board of directors to seven members. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231017906241/en/RMTI) (Photo: Business Wire)"
4 - BRANDYWINE REALTY TRUST (0000790816) (Issuer)
4 - BRANDYWINE REALTY TRUST (0000790816) (Issuer)
4 - BRANDYWINE REALTY TRUST (0000790816) (Issuer)
PHILADELPHIA, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today announced the closing of the sale of One and Two Barton Skyway, located at 1501 and 1601 South MoPac Expressway in Southwest Austin, to the City of Austin. The 386,000-square-foot facility, sold for $107.6 million, or $275 per square foot, will serve as a consolidated public safety headquarters. "This transaction is consistent with our capital recycling and portfolio management objectives. This sale both strengthens our balance sheet and positions us to seize high-quality, strategic investment opportunities," said Jerry Sweeney, President & CEO of Brandywine Realty Trust. "At the same time, we remain
PHILADELPHIA, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today announced the execution of a 119,000-square-foot lease with a global leader in industrial solutions at 250 Radnor, bringing the building to 100% leased. This milestone reinforces 250 Radnor's position as a premier life science and office destination within one of the most dynamic submarkets in the country. 250 Radnor, a 168,000-square-foot adaptive reuse project, transformed an existing medical office building into a state-of-the-art facility designed to fully accommodate lab tenants. Current tenants include West Pharmaceutical, Quanta Therapeutics, and Penn Medicine, reflecting the growing demand for
PHILADELPHIA, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and nine-month periods ended September 30, 2024. Management Comments "During the third quarter we made strong progress on our 2024 business plan highlighted by exceeding many of our targets and for the second consecutive quarter raising both our speculative revenue target and our annual tenant retention rate," stated Gerard H. Sweeney, President and Chief Executive Officer for Brandywine Realty Trust. "Based on our 2024 leasing activity, we are raising our speculative revenue target to $26.3 million and this revis
SC 13G/A - BRANDYWINE REALTY TRUST (0000790816) (Subject)
SC 13G/A - BRANDYWINE REALTY TRUST (0000790816) (Subject)
SC 13G/A - BRANDYWINE REALTY TRUST (0000790816) (Subject)
PHILADELPHIA, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and nine-month periods ended September 30, 2024. Management Comments "During the third quarter we made strong progress on our 2024 business plan highlighted by exceeding many of our targets and for the second consecutive quarter raising both our speculative revenue target and our annual tenant retention rate," stated Gerard H. Sweeney, President and Chief Executive Officer for Brandywine Realty Trust. "Based on our 2024 leasing activity, we are raising our speculative revenue target to $26.3 million and this revis
PHILADELPHIA, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.15 per common share and OP Unit payable on October 24, 2024 to holders of record on October 9, 2024. The quarterly dividend is equivalent to an annual rate of $0.60 per share. Conference Call and Audio Webcast We will release our third quarter earnings after the market close on Tuesday October 22, 2024 and will hold our third quarter conference call on Wednesday October 23, 2024 at 9:00 a.m. Eastern Time. To access the conference call by phone, please visit this link here, and you will be provided with dial in details.
PHILADELPHIA, May 23, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.15 per common share and OP Unit payable on July 18, 2024 to holders of record on July 3, 2024. The quarterly dividend is equivalent to an annual rate of $0.60 per share. Conference Call and Audio Webcast We will release our second quarter earnings after the market close on Tuesday, July 23, 2024 and will hold our second quarter conference call on Wednesday, July 24, 2024 at 9:00 a.m. Eastern Time. To access the conference call by phone, please visit this link here, and you will be provided with dial in details. A live we