BDN - Brandywine Realty Trust Stock Price, Fair Value and News

4.51USD-0.07 (-1.53%)Market Closed

Market Summary

USD4.51-0.07

Market Closed

-1.53%

BDN Stock Price

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BDN RSI Chart

BDN Valuation

Market Cap

754.5M

Price/Earnings (Trailing)

-3.63

Price/Sales (Trailing)

1.47

EV/EBITDA

7.49

Price/Free Cashflow

3.86

BDN Price/Sales (Trailing)

BDN Profitability

EBT Margin

-40.73%

Return on Equity

-16.09%

Return on Assets

-5.56%

Free Cashflow Yield

25.94%

BDN Fundamentals

BDN Revenue

Revenue (TTM)

511.9M

Rev. Growth (Yr)

-2.12%

Rev. Growth (Qtr)

-2.83%

BDN Earnings

Earnings (TTM)

-207.9M

Earnings Growth (Yr)

-210.24%

Earnings Growth (Qtr)

89.59%

Breaking Down BDN Revenue

Last 7 days

5.6%

Last 30 days

-2.6%

Last 90 days

-11.0%

Trailing 12 Months

17.5%

How does BDN drawdown profile look like?

BDN Financial Health

BDN Investor Care

Dividend Yield

15.53%

Shares Dilution (1Y)

0.32%

Diluted EPS (TTM)

-1.23

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	511.9M	0	0	0
2023	507.8M	509.7M	513.5M	514.7M
2022	493.6M	497.5M	502.6M	506.1M
2021	510.5M	493.8M	488.1M	486.8M
2020	581.6M	574.3M	555.1M	534.9M
2019	551.9M	562.2M	572.6M	580.4M
2018	525.9M	531.9M	538.5M	544.3M
2017	519.9M	520.5M	519.2M	520.5M
2016	588.7M	570.3M	547.4M	525.5M
2015	595.3M	590.4M	596.4M	602.6M
2014	574.8M	584.6M	587.8M	597.0M
2013	541.7M	550.9M	560.0M	562.2M
2012	553.7M	545.9M	540.8M	535.7M
2011	562.1M	567.1M	566.4M	561.8M
2010	562.0M	554.2M	548.4M	560.0M
2009	0	576.6M	572.3M	567.9M
2008	0	0	0	580.9M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Brandywine Realty Trust

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 15, 2024	palazzo daniel a	sold (taxes)	-8,803	4.28	-2,057	svp & chief accounting officer
Apr 15, 2024	redd william d	sold (taxes)	-26,844	4.28	-6,272	evp & senior managing director
Apr 15, 2024	wirth tom	sold (taxes)	-74,574	4.28	-17,424	executive vice president & cfo
Apr 15, 2024	sweeney gerard h	sold (taxes)	-59,282	4.28	-13,851	president and ceo
Apr 15, 2024	devuono h jeffrey	sold (taxes)	-34,860	4.28	-8,145	evp & senior managing director
Apr 15, 2024	johnstone george	sold (taxes)	-55,725	4.28	-13,020	evp, operations
Apr 15, 2024	neuman shawn	sold (taxes)	-22,123	4.28	-5,169	general counsel & secretary
Feb 26, 2024	sweeney gerard h	acquired	-	-	452,555	president and ceo
Feb 26, 2024	johnstone george	acquired	-	-	111,922	evp, operations
Feb 26, 2024	redd william d	acquired	-	-	111,922	evp & senior managing director

Which funds bought or sold BDN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	AMALGAMATED BANK	reduced	-14.18	-83,000	268,000	-%
Apr 23, 2024	Louisiana State Employees Retirement System	reduced	-1.05	-55,980	408,960	0.01%
Apr 23, 2024	FIFTH THIRD BANCORP	added	4.95	-2,161	30,034	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	76,933	483,068	-%
Apr 19, 2024	State of Alaska, Department of Revenue	reduced	-0.33	-114,000	888,000	0.01%
Apr 19, 2024	Sumitomo Mitsui Trust Holdings, Inc.	added	1.32	-110,198	999,038	-%
Apr 19, 2024	Maryland State Retirement & Pension System	unchanged	-	-69,728	272,573	-%
Apr 19, 2024	Abundance Wealth Counselors	added	69.77	127,000	377,000	0.09%
Apr 19, 2024	First Trust Direct Indexing L.P.	added	53.03	34,132	128,875	0.01%
Apr 19, 2024	Level Financial Advisors, Inc.	sold off	-100	-11,999	-	-%

Are Funds Buying or Selling BDN?

Are funds buying BDN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BDN

No. of Funds

Unveiling Brandywine Realty Trust's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	16.05%	27,629,233	SC 13G/A
Jan 29, 2024	state street corp	6.58%	11,325,761	SC 13G/A
Jan 19, 2024	blackrock inc.	19.8%	34,084,225	SC 13G/A
Feb 09, 2023	vanguard group inc	17.63%	30,246,020	SC 13G/A
Feb 08, 2023	state street corp	7.97%	13,666,106	SC 13G/A
Jan 26, 2023	blackrock inc.	19.6%	33,654,440	SC 13G/A
Jan 20, 2023	blackrock inc.	19.6%	33,654,440	SC 13G
Dec 06, 2022	jpmorgan chase & co	3.3%	5,719,019	SC 13G/A
Feb 10, 2022	state street corp	6.88%	11,773,105	SC 13G/A
Feb 09, 2022	vanguard group inc	16.42%	28,106,855	SC 13G/A

Recent SEC filings of Brandywine Realty Trust

View All Filings

Date Filed	Form Type	Document
Apr 24, 2024	10-Q	Quarterly Report
Apr 23, 2024	8-K	Current Report
Apr 18, 2024	8-K	Current Report
Apr 17, 2024	4	Insider Trading
Apr 17, 2024	4	Insider Trading
Apr 17, 2024	4	Insider Trading
Apr 17, 2024	4	Insider Trading
Apr 17, 2024	4	Insider Trading
Apr 17, 2024	4	Insider Trading
Apr 17, 2024	4	Insider Trading

Peers (Alternatives to Brandywine Realty Trust)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	80.8B	11.1B	-11.38%	-14.09%	59.12	7.25	4.04%	-19.43%
CCI	41.4B	7.0B	-7.81%	-21.93%	27.6	5.94	-0.07%	-10.36%
AVB	27.2B	2.8B	5.15%	11.54%	29.27	9.82	6.73%	-18.30%
ARE	19.9B	3.0B	-5.40%	-0.75%	103.23	6.73	10.44%	-74.28%
AMH	12.9B	1.6B	-1.30%	9.45%	29.79	8.01	7.80%	39.39%
REG	11.0B	1.3B	0.86%	-1.00%	30.18	8.32	8.04%	-24.50%
BXP	9.9B	3.3B	0.05%	25.09%	51.93	3.02	5.31%	-77.32%
MID-CAP
FRT	8.6B	1.1B	4.65%	8.11%	36.29	7.6	5.38%	-38.52%
SLG	3.4B	899.4M	-0.78%	134.94%	-5.99	3.76	-0.45%	-623.11%
MAC	3.4B	884.1M	-6.34%	63.53%	-12.32	3.82	2.90%	-314.82%
SMALL-CAP
AAT	1.3B	441.2M	-0.23%	22.43%	20.04	2.94	4.38%	15.77%
AIV	1.2B	198.2M	0.25%	4.56%	-7.39	5.71	-43.33%	-270.70%
MFA	1.1B	605.6M	-7.69%	5.53%	13.61	1.8	25.53%	134.62%
NYMT	647.8M	258.7M	1.57%	-29.28%	-13.31	2.5	0.11%	83.70%
IVR	417.7M	277.9M	-8.88%	-15.98%	-26.34	1.5	44.33%	96.06%

Brandywine Realty Trust News

Latest updates

Brandywine Realty Trust Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-2.8%	126	130	129	126	129	129	126	124	128	126	120	120	121	127	126	137	145	147	145	144	144
Costs and Expenses	-52.3%	104	217	115	107	106	108	100	102	102	102	102	99.00	94.00	96.00	100	111	118	113	119	117	119
Operating Expenses	-	47.00	-	-	-	51.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
S&GA Expenses	-100.0%	-	8.00	8.00	9.00	9.00	9.00	8.00	8.00	10.00	8.00	7.00	8.00	7.00	6.00	7.00	8.00	9.00	7.00	7.00	8.00	10.00
EBITDA Margin	-4.9%	0.18*	0.19*	0.56*	0.60*	0.62*	0.63*	0.56*	0.55*	0.54*	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-32.5%	23.00	35.00	23.00	33.00	17.00	38.00	10.00	28.00	10.00	27.00	9.00	27.00	10.00	28.00	9.00	30.00	13.00	11.00	20.00	21.00	14.00
Income Taxes	-94.6%	0.00	0.00	0.00	0.00	0.00	-0.01	-0.01	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	-0.23	0.00	-0.03	-	0.00	0.00
Earnings Before Taxes	89.6%	-16.41	-157	-21.64	-12.72	-5.25	30.00	13.00	5.00	6.00	5.00	1.00	-0.16	7.00	19.00	276	4.00	8.00	17.00	7.00	6.00	5.00
EBT Margin	-6.2%	-0.41*	-0.38*	-0.02*	0.05*	0.08*	0.11*	0.06*	0.03*	0.02*	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	89.6%	-16.37	-157	-21.55	-12.74	-5.28	30.00	13.00	5.00	6.00	5.00	1.00	-0.17	7.00	19.00	275	4.00	8.00	17.00	7.00	6.00	5.00
Net Income Margin	-6.2%	-0.41*	-0.38*	-0.02*	0.05*	0.08*	0.11*	0.06*	0.03*	0.02*	-	-	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-63.9%	24.00	66.00	50.00	56.00	5.00	61.00	70.00	50.00	29.00	-	-	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.1%	3,737	3,732	3,923	3,954	3,987	3,875	3,974	3,967	3,935	3,846	3,830	3,890	3,890	3,900	3,991	4,023	4,045	4,076	4,020	4,048	4,116
Cash Equivalents	-12.0%	51.00	58.00	48.00	32.00	97.00	18.00	31.00	29.00	39.00	27.00	42.00	48.00	46.00	46.00	62.00	45.00	53.00	90.00	30.00	32.00	14.00
Liabilities	1.5%	2,445	2,408	2,408	2,398	2,394	2,241	2,339	2,315	2,259	2,145	2,104	2,139	2,108	2,095	2,175	2,452	2,442	2,388	2,318	2,319	2,334
Shareholder's Equity	-1.9%	1,292	1,317	1,507	1,557	1,593	1,626	1,635	1,652	1,676	1,701	1,725	1,751	1,782	1,805	1,816	1,571	1,604	1,688	1,702	1,730	1,760
Additional Paid-In Capital	0.1%	3,169	3,164	3,162	3,159	3,157	3,153	3,151	3,149	3,147	3,147	3,145	3,141	3,140	3,138	3,137	3,136	3,140	3,192	3,189	3,188	3,187
Shares Outstanding	0.2%	172	172	172	172	172	171	172	171	171	171	171	171	-	-	-	-	-	-	-	-	-
Minority Interest	-1.3%	7.00	7.00	7.00	7.00	8.00	8.00	8.00	8.00	8.00	11.00	11.00	11.00	10.00	11.00	11.00	10.00	10.00	10.00	12.00	12.00	12.00
Float	-	-	-	-	775	-	-	-	1,609	-	-	-	2,282	-	-	-	1,812	-	-	-	2,467	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-63.9%	23,811	65,868	50,101	55,929	5,375	61,145	69,668	49,979	28,515	50,155	61,593	37,950	41,176	63,342	62,144	55,262	45,058	78,980	69,794	67,690	17,766
Share Based Compensation	183.9%	4,378	1,542	2,232	2,675	3,398	1,707	1,813	2,139	3,280	1,398	1,408	1,718	2,606	1,083	1,082	2,113	2,349	731	1,010	1,686	3,449
Cashflow From Investing	-56.0%	-55,305	-35,461	-1,589	-92,839	-45,023	64,811	-66,538	-78,075	-110,787	-55,394	23,482	-47,154	-21,249	42,313	51,304	-32,759	-42,568	-53,532	-18,234	-17,550	-41,343
Cashflow From Financing	171.0%	15,259	-21,490	-32,882	-33,174	134,332	-139,670	-809	17,718	94,130	-9,758	-90,290	11,236	-20,524	-121,573	-95,927	-30,403	-40,286	35,201	-53,019	-32,963	15,169
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33,567	33,924	33,565	33,084
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	500*	6,141	53,858	19.00	-	-	17,281

BDN Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue
Total revenue	$ 514,651	$ 506,100	$ 486,819
Operating expenses
Property operating expenses	129,885	130,209	121,890
Real estate taxes	49,974	53,645	53,621
Third party management expenses	10,088	10,547	12,800
Depreciation and amortization	188,797	177,984	178,105
General and administrative expenses	34,862	35,006	30,153
Provision for impairment	131,573	4,663	0
Total operating expenses	545,179	412,054	396,569
Gain on sale of real estate
Net gain on disposition of real estate	7,736	17,677	142
Net gain on sale of undepreciated real estate	1,211	8,007	2,903
Total gain on sale of real estate	8,947	25,684	3,045
Operating income (loss)	(21,581)	119,730	93,295
Other income (expense):
Interest and investment income	1,671	1,905	8,295
Interest expense	(95,456)	(68,764)	(62,617)
Interest expense - amortization of deferred financing costs	(4,369)	(3,091)	(2,836)
Investment (loss) income	(77,915)	(22,016)	(26,697)
Net gain on real estate venture transactions	181	26,718	2,973
Gain (loss) on early extinguishment of debt	138	(435)	0
Net income (loss) before income taxes	(197,331)	54,047	12,413
Income tax provision	(72)	(55)	(47)
Net income (loss)	(197,403)	53,992	12,366
Net (income) loss attributable to noncontrolling interests	614	(168)	(77)
Net income (loss) attributable to Brandywine Realty Trust	(196,789)	53,824	12,289
Nonforfeitable dividends allocated to unvested restricted shareholders	(567)	(456)	(421)
Net income (loss) attributable to common shareholders, Basic	$ (197,356)	$ 53,368	$ 11,868
Basic income (loss) per Common Share (in dollars per shares)	$ (1.15)	$ 0.31	$ 0.07
Diluted income (loss) per Common Share (in dollars per share)	$ (1.15)	$ 0.31	$ 0.07
Basic weighted average shares outstanding (in shares)	171,959,210	171,491,369	170,878,185
Diluted weighted average shares outstanding (in shares)	171,959,210	172,325,646	172,273,240
Rents
Revenue
Total revenue	$ 479,849	$ 470,851	$ 451,519
Third party management fees, labor reimbursement and leasing
Revenue
Total revenue	24,417	24,132	26,444
Other
Revenue
Total revenue	$ 10,385	$ 11,117	$ 8,856

BDN Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Real estate investments:
Operating properties	$ 3,542,232	$ 3,617,240
Accumulated depreciation	(1,131,792)	(1,063,060)
Right of use asset - operating leases, net	19,031	19,664
Operating real estate investments, net	2,429,471	2,573,844
Construction-in-progress	135,529	218,869
Land held for development	82,510	76,499
Prepaid leasehold interests in land held for development, net	27,762	35,576
Total real estate investments, net	2,675,272	2,904,788
Cash and cash equivalents	58,319	17,551
Restricted cash and escrows	9,215	0
Accounts receivable	11,977	11,003
Accrued rent receivable, net of allowance of $2,672 and $3,947 as of December 31, 2023 and December 31, 2022, respectively	186,708	179,771
Investment in unconsolidated real estate ventures	601,227	567,635
Deferred costs, net	95,984	96,639
Intangible assets, net	7,694	18,451
Other assets	86,051	78,667
Total assets	3,732,447	3,874,505
LIABILITIES AND BENEFICIARIES' EQUITY
Secured term loan, net	255,671	0
Unsecured credit facility	0	88,500
Unsecured term loan, net	318,499	248,168
Unsecured senior notes, net	1,564,662	1,628,370
Accounts payable and accrued expenses	123,825	132,440
Distributions payable	26,017	32,792
Deferred income, gains and rent	24,248	25,082
Intangible liabilities, net	8,270	10,322
Lease liability - operating leases	23,369	23,166
Other liabilities	63,729	52,331
Total liabilities	2,408,290	2,241,171
Commitments and contingencies (See Note 20)
Brandywine Realty Trust's Equity:
Common Shares of Brandywine Realty Trust's beneficial interest, $0.01 par value; shares authorized 400,000,000; 172,097,661 and 171,569,807 issued and outstanding as of December 31, 2023 and December 31, 2022, respectively	1,719	1,716
Additional paid-in-capital	3,163,949	3,153,229
Deferred compensation payable in common shares	19,965	19,601
Common shares in grantor trust, 1,194,127 and 1,179,643 issued and outstanding as of December 31, 2023 and December 31, 2022, respectively	(19,965)	(19,601)
Cumulative earnings	979,406	1,176,195
Accumulated other comprehensive income (loss)	(668)	3,897
Cumulative distributions	(2,827,022)	(2,709,405)
Total Brandywine Realty Trust's equity	1,317,384	1,625,632
Noncontrolling interests	6,773	7,702
Total beneficiaries' equity	1,324,157	1,633,334
Total liabilities and beneficiaries' equity	$ 3,732,447	$ 3,874,505

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 162 properties and 22.8 million square feet as of June 30, 2023 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.

CEO	Mr. Gerard H. Sweeney
WEBSITE	brandywinerealty.com
INDUSTRY	REIT Mortgage
EMPLOYEES	329

Brandywine Realty Trust Frequently Asked Questions

What is the ticker symbol for Brandywine Realty Trust? What does BDN stand for in stocks?

BDN is the stock ticker symbol of Brandywine Realty Trust. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Brandywine Realty Trust (BDN)?

As of Wed Apr 24 2024, market cap of Brandywine Realty Trust is 776.81 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BDN stock?

You can check BDN's fair value in chart for subscribers.

What is the fair value of BDN stock?

You can check BDN's fair value in chart for subscribers. The fair value of Brandywine Realty Trust is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Brandywine Realty Trust is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BDN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Brandywine Realty Trust a good stock to buy?

The fair value guage provides a quick view whether BDN is over valued or under valued. Whether Brandywine Realty Trust is cheap or expensive depends on the assumptions which impact Brandywine Realty Trust's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BDN.

What is Brandywine Realty Trust's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, BDN's PE ratio (Price to Earnings) is -3.95 and Price to Sales (PS) ratio is 1.51. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BDN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Brandywine Realty Trust's stock?

In the past 10 years, Brandywine Realty Trust has provided -0.071 (multiply by 100 for percentage) rate of return.