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, Austin and Washington, D.C. markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 175 properties and 24.7 million square feet as of December 31, 2020 which excludes assets held for sale. Our purpose is to shape, connect and inspire the world around us through our expertise, the relationships we foster, the communities in which we live and work, and the history we build together.
IPO Year:
Exchange: NYSE
Website: brandywinerealty.com
| 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 |
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, 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
PHILADELPHIA, July 23, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and six-month periods ended June 30, 2024. Management Comments "We continue to make excellent progress on our 2024 business plan highlighted by exceeding our speculative revenue target at the midpoint of our guidance," stated Gerard H. Sweeney, President and Chief Executive Officer for Brandywine Realty Trust. "Based on our 2024 first half leasing performance, we are raising our full year midpoint target by $1.0 million from $24.5 million to $25.5 million. We continue to make progress on other business plan metrics anticipating positive mark-
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
PHILADELPHIA, April 23, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (the "Company") (NYSE:BDN) announced today that its operating partnership, Brandywine Operating Partnership, LP (the "Operating Partnership"), intends to redeem all of the outstanding 4.10% Guaranteed Notes due October 1, 2024 (the "Notes") issued by the Operating Partnership and not purchased pursuant to its previously announced tender offer for such Notes. The expected redemption date will be June 7, 2024 (the "Redemption Date"). The Notes will be redeemed at a redemption price equal to the greater of: (a) 100% of the principal amount of the Notes then outstanding to be redeemed; and (b) the sum of the present val
PHILADELPHIA, April 22, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (the "Company") (NYSE:BDN) announced today the expiration of the previously announced cash tender offer (the "Tender Offer") by its operating partnership, Brandywine Operating Partnership, LP (the "Operating Partnership"), for any and all of its outstanding 4.10% Guaranteed Notes due October 1, 2024 (the "Notes"). The Tender Offer expired at 5:00 p.m., New York City time, on Friday, April 19, 2024 (the "Expiration Date"). As of the expiration of the Tender Offer, $221,601,000 or 66.13% of the $335,100,000 aggregate principal amount of the Notes had been validly tendered and not withdrawn in the Tender Offer (excluding
PHILADELPHIA, April 19, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (the "Company") (NYSE:BDN) announced today that its operating partnership, Brandywine Operating Partnership, L.P. (the "Operating Partnership"), has announced the pricing terms of the previously announced cash tender offer (the "Tender Offer") for any and all of the $335,100,000 outstanding aggregate principal amount of its 4.10% Guaranteed Notes due October 1, 2024 (the "Notes"). The Tender Offer consists of an offer on the terms and conditions set forth in the offer to purchase, dated April 15, 2024 (the "Offer to Purchase"), and the related letter of transmittal and notice of guaranteed delivery (as they may each b
PHILADELPHIA, April 17, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three months ended March 31, 2024. Management Comments "During the first quarter, we made excellent progress on our 2024 business plan highlighted by achieving 98% of our speculative revenue target based on the midpoint of our guidance," stated Jerry Sweeney, President and Chief Executive Officer of Brandywine Realty Trust. "We continue to experience positive mark-to-market rental rate increases of 16.9% and 3.3% on an accrual and cash basis as well. In early April, we further strengthened our balance sheet and liquidity position by issuing a $400
PHILADELPHIA, April 15, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (the "Company") (NYSE:BDN) announced today that its operating partnership, Brandywine Operating Partnership, L.P. (the "Operating Partnership"), has commenced a cash tender offer (the "Tender Offer") for any and all of the $335,100,000 outstanding principal amount of its 4.10% Guaranteed Notes due October 1, 2024 (the "Notes"). Certain information regarding the Notes and the pricing for the Tender Offer is set forth in the table below. Title of SecurityCUSIP NumberPrincipal AmountOutstandingU.S. TreasuryReference SecurityBloombergReference PageFixed Spread4.10%Guaranteed NotesdueOctober 1, 2024105340 AN3$335,100,0
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)"
PRINCETON JUNCTION, N.J., Dec. 02, 2020 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (NYSE: MG) announced today that Mr. Charles P. Pizzi, Independence Health Group Chairman and former executive of Tasty Baking Company, has been elected to the company’s Board of Directors, effective January 1, 2021. As part of his Board appointment, Mr. Pizzi will serve as a member of the Board’s Audit Committee and Corporate Governance Committee. “We are delighted that Mr. Pizzi will be joining the MISTRAS Board,” said Dennis Bertolotti, MISTRAS Group President and Chief Executive Officer (CEO). “We look forward to his contributions, as he brings with him a tremendous breadth of executive leadership and corp
SC 13G/A - BRANDYWINE REALTY TRUST (0000790816) (Subject)
SC 13G/A - BRANDYWINE REALTY TRUST (0000790816) (Subject)
SC 13G/A - BRANDYWINE REALTY TRUST (0000790816) (Subject)
SC 13G/A - BRANDYWINE REALTY TRUST (0000790816) (Subject)
SC 13G/A - BRANDYWINE REALTY TRUST (0000790816) (Subject)
SC 13G/A - BRANDYWINE REALTY TRUST (0000790816) (Subject)
SC 13G/A - BRANDYWINE REALTY TRUST (0000790816) (Subject)
SC 13G - BRANDYWINE REALTY TRUST (0000790816) (Subject)
SC 13G/A - BRANDYWINE REALTY TRUST (0000790816) (Subject)
SC 13G/A - BRANDYWINE REALTY TRUST (0000790816) (Subject)
4 - BRANDYWINE REALTY TRUST (0000790816) (Issuer)
4 - BRANDYWINE REALTY TRUST (0000790816) (Issuer)
4 - BRANDYWINE REALTY TRUST (0000790816) (Issuer)
4 - BRANDYWINE REALTY TRUST (0000790816) (Issuer)
4 - BRANDYWINE REALTY TRUST (0000790816) (Issuer)
4 - BRANDYWINE REALTY TRUST (0000790816) (Issuer)
4 - BRANDYWINE REALTY TRUST (0000790816) (Issuer)
4 - BRANDYWINE REALTY TRUST (0000790816) (Issuer)
4 - BRANDYWINE REALTY TRUST (0000790816) (Issuer)
4 - BRANDYWINE REALTY TRUST (0000790816) (Issuer)
DEFA14A - BRANDYWINE REALTY TRUST (0000790816) (Filer)
ARS - BRANDYWINE REALTY TRUST (0000790816) (Filer)
DEFA14A - BRANDYWINE REALTY TRUST (0000790816) (Filer)
DEF 14A - BRANDYWINE REALTY TRUST (0000790816) (Filer)
S-8 - BRANDYWINE REALTY TRUST (0000790816) (Filer)
8-K - BRANDYWINE REALTY TRUST (0000790816) (Filer)
ARS - BRANDYWINE REALTY TRUST (0000790816) (Filer)
DEFA14A - BRANDYWINE REALTY TRUST (0000790816) (Filer)
DEF 14A - BRANDYWINE REALTY TRUST (0000790816) (Filer)
10-Q - BRANDYWINE REALTY TRUST (0000790816) (Filer)
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
Truist upgraded Brandywine Realty from Hold to Buy and set a new price target of $11.00
Credit Suisse initiated coverage of Brandywine Realty with a rating of Neutral
Truist Securities downgraded Brandywine Realty Trust from Buy to Hold
Truist downgraded Brandywine Realty from Buy to Hold and set a new price target of $15.00
Keybanc reiterated coverage of Brandywine Realty Trust with a rating of Overweight and set a new price target of $15.00 from $14.00 previously
Evercore ISI downgraded Brandywine Realty from Outperform to In-line
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
Brandywine Realty Tr (NYSE:BDN) reported quarterly earnings of $0.24 per share which met the analyst consensus estimate. The company reported quarterly sales of $126.484 million which missed the analyst consensus estimate of $126.949 million by 0.37 percent. This is a 2.12 percent decrease over sales of $129.227 million the same period last year.
Companies Reporting Before The Bell • ASML Holding (NASDAQ:ASML) is projected to report quarterly earnings at $3.43 per share on revenue of $6.13 billion. • VinFast Auto (NASDAQ:VFS) is expected to report earnings for its first quarter. • Prologis (NYSE:PLD) is likely to report quarterly earnings at $1.28 per share on revenue of $1.86 billion. • Abbott Laboratories (NYSE:ABT) is estimated to report quarterly earnings at $0.96 per share on revenue of $9.89 billion. • First Horizon (NYSE:FHN) is estimated to report quarterly earnings at $0.34 per share on revenue of $809.71 million. • U.S. Bancorp (NYSE:USB) is projected to report quarterly earnings at $0.88 per share on revenue of $6.72
Brandywine Realty Tr (NYSE:BDN) reported quarterly earnings of $0.27 per share. This is a 15.62 percent decrease over earnings of $0.32 per share from the same period last year. The company reported quarterly sales of $130.17 million which missed the analyst consensus estimate of $134.13 million by 2.95 percent. This is a 0.92 percent increase over sales of $128.98 million the same period last year.
Companies Reporting Before The Bell • Novartis (NYSE:NVS) is likely to report quarterly earnings at $1.68 per share on revenue of $11.56 billion. • Novo Nordisk (NYSE:NVO) is likely to report quarterly earnings at $0.65 per share on revenue of $8.82 billion. • Regis (NASDAQ:RGS) is likely to report quarterly loss at $1.19 per share on revenue of $52.94 million. • Boeing (NYSE:BA) is projected to report quarterly loss at $0.74 per share on revenue of $21.12 billion. • Hess (NYSE:HES) is likely to report quarterly earnings at $1.47 per share on revenue of $2.60 billion. • Lennox Intl (NYSE:LII) is expected to report quarterly earnings at $3.48 per share on revenue of $1.14 billion. • Na
Brandywine Realty Tr (NYSE:BDN) is set to give its latest quarterly earnings report on Wednesday, 2024-01-31. Here's what investors need to know before the announcement. Analysts estimate that Brandywine Realty Tr will report an earnings per share (EPS) of $-0.07. Brandywine Realty Tr bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Here's a look at Brandywine Realty Tr's past performance and the resulting price change: Quarte
Deutsche Bank analyst Omotayo Okusanya initiates coverage on Brandywine Realty Tr (NYSE:BDN) with a Hold rating and announces Price Target of $5.5.
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
PHILADELPHIA, Feb. 14, 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 April 18, 2024 to holders of record on April 4, 2024. The quarterly dividend is equivalent to an annual rate of $0.60 per share. Conference Call and Audio Webcast We will release our first quarter earnings after the market close on Wednesday, April 17, 2024 and will hold our first quarter conference call on Thursday, April 18, 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 liv
PHILADELPHIA, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and twelve-month periods ended December 31, 2023. Management Comments "We accomplished or exceeded many of our 2023 business plan objectives including our same store results and rental rate mark-to-markets," stated Jerry Sweeney, President and Chief Executive Officer of Brandywine Realty Trust. "In addition to our operating metrics, we were able to contain our capital costs resulting in lower capital costs as a percentage of new lease revenue and better than forecasted cash flow. Our liquidity position is in excellent shape with no borrowin
PHILADELPHIA, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) announced today the tax characteristics of its 2023 distributions. The tax reporting will be done on Form 1099-DIV and shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment of dividends. The characteristics of the Company's distributions are as follows: Common Shares of Beneficial Interest (CUSIP 105368203) 2023 Dividend DatesRecord 1/5 Payment 1/19Record 4/5 Payment 4/19Record 7/6 Payment 7/20Record 10/4 Payment 10/18Totals% of Annual TotalGross Distribution Per Share$0.190000$0.190000$0.190000$0.150000$0.720000100.0%(Boxes 1a+2a+3) Taxable Ordinary D
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2023. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Global Bank Index (Index Ticker: GBKX), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY). There are a num
PHILADELPHIA, Dec. 05, 2023 (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 January 18, 2024 to holders of record on January 4, 2024. The quarterly dividend is equivalent to an annual rate of $0.60 per share. Conference Call and Audio Webcast We will release our fourth quarter earnings after the market close on Wednesday January 31, 2024 and will hold our fourth quarter conference call on Thursday February 1, 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 de
PHILADELPHIA, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and nine-month periods ended September 30, 2023. Management Comments "During the third quarter, we made strong progress on our 2023 business plan," stated Gerard H. Sweeney, President and Chief Executive Officer for Brandywine Realty Trust. "We continued to experience positive mark-to-market rent increases on an accrual and cash basis while controlling leasing capital costs. Our same store portfolio has performed well and we have increased our same store NOI ranges on both an accrual and cash basis. We also made great progress on our de
PHILADELPHIA, Sept. 20, 2023 (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 18, 2023 to holders of record on October 4, 2023. The quarterly dividend is equivalent to an annual rate of $0.60 per share. "Our 2023 business plan remains on target with a continuation of strong leasing and operating metrics," stated Gerard H. Sweeney, President and Chief Executive Officer for Brandywine Realty Trust. "However, current capital market conditions are such that further enhancing our already strong liquidity position makes sense. As such, we are adjust