Brandywine Realty Trust (NYSE:BDN) Short Interest Update

Brandywine Realty Trust (NYSE:BDN) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 11,770,000 shares, an increase of 17.8% from the December 15th total of 9,990,000 shares. Currently, 7.0% of the shares of the stock are sold short. Based on an average daily volume of 2,150,000 shares, the short-interest ratio is presently 5.5 days.

Brandywine Realty Trust Price Performance

Shares of BDN traded up $0.19 on Friday, hitting $5.36. The company’s stock had a trading volume of 3,234,120 shares, compared to its average volume of 1,993,377. The company has a 50 day moving average price of $5.48 and a 200 day moving average price of $5.30. Brandywine Realty Trust has a fifty-two week low of $3.85 and a fifty-two week high of $6.54. The company has a debt-to-equity ratio of 2.05, a current ratio of 1.74 and a quick ratio of 1.74. The company has a market capitalization of $924.65 million, a PE ratio of -2.98 and a beta of 1.34.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings data on Tuesday, October 22nd. The real estate investment trust reported ($0.96) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($1.20). Brandywine Realty Trust had a negative return on equity of 24.59% and a negative net margin of 60.08%. The firm had revenue of $117.96 million for the quarter, compared to analyst estimates of $120.00 million. During the same period in the prior year, the company posted $0.29 EPS. The firm’s quarterly revenue was down 3.0% compared to the same quarter last year. On average, research analysts anticipate that Brandywine Realty Trust will post 0.92 earnings per share for the current fiscal year.

Brandywine Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 23rd. Shareholders of record on Wednesday, January 8th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 11.20%. The ex-dividend date of this dividend is Wednesday, January 8th. Brandywine Realty Trust’s dividend payout ratio is -33.33%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Quarry LP lifted its holdings in Brandywine Realty Trust by 752.5% during the 3rd quarter. Quarry LP now owns 4,595 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 4,056 shares in the last quarter. Point72 DIFC Ltd acquired a new position in shares of Brandywine Realty Trust in the 2nd quarter valued at $27,000. Paloma Partners Management Co acquired a new position in shares of Brandywine Realty Trust in the 3rd quarter valued at $55,000. Coldstream Capital Management Inc. acquired a new position in shares of Brandywine Realty Trust in the 3rd quarter valued at $55,000. Finally, Sei Investments Co. acquired a new position in shares of Brandywine Realty Trust in the 2nd quarter valued at $48,000. Institutional investors and hedge funds own 87.27% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, December 28th.

Brandywine Realty Trust Company Profile

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.