Brandywine Realty Trust (NYSE:BDN) Releases FY24 Earnings Guidance

Brandywine Realty Trust (NYSE:BDN) updated its FY24 earnings guidance on Tuesday. The company provided EPS guidance of $0.91-0.96 for the period, compared to the consensus EPS estimate of $0.92.

Brandywine Realty Trust Stock Up 1.7 %

Shares of NYSE BDN traded up $0.08 during trading hours on Tuesday, hitting $4.86. The company had a trading volume of 2,083,792 shares, compared to its average volume of 1,874,119. Brandywine Realty Trust has a 1-year low of $3.62 and a 1-year high of $5.67. The firm’s 50 day moving average is $4.58 and its 200-day moving average is $4.58. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 1.69.

Brandywine Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 18th. Stockholders of record on Wednesday, July 3rd were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 12.35%. The ex-dividend date was Wednesday, July 3rd. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently -49.18%.

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.