In last trading session, Brandywine Realty Trust (NYSE:BDN) saw 3.57 million shares changing hands with its beta currently measuring 1.23. Company’s recent per share price level of $4.56 trading at -$0.15 or -3.18% at ring of the bell on the day assigns it a market valuation of $785.41M. That closing price of BDN’s stock is at a discount of -24.34% from its 52-week high price of $5.67 and is indicating a premium of 27.85% from its 52-week low price of $3.29. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.89 million shares which gives us an average trading volume of 2.35 million if we extend that period to 3-months.
Brandywine Realty Trust (NYSE:BDN) trade information
Upright in the red during last session for losing -3.18%, in the last five days BDN remained trading in the green while hitting it’s week-highest on Thursday, 03/21/24 when the stock touched $4.56 price level, adding 6.75% to its value on the day. Brandywine Realty Trust’s shares saw a change of -15.56% in year-to-date performance and have moved 4.35% in past 5-day. Brandywine Realty Trust (NYSE:BDN) showed a performance of 9.09% in past 30-days. Number of shares sold short was 12.84 million shares which calculate 4.94 days to cover the short interests.
Brandywine Realty Trust (BDN) estimates and forecasts
Statistics highlight that Brandywine Realty Trust is scoring comparatively lower than the scores of other players of the relevant industry. The company added 5.96% of value to its shares in past 6 months, showing an annual growth rate of -17.39% while that of industry is -2.60. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to decrease by -166.70% in the current quarter and calculating -25.00% decrease in the next quarter. This year revenue growth is estimated to rise 2.80% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $129.7 million for the same. And 4 analysts are in estimates of company making revenue of $131.16 million in the next quarter that will end on Jun 2024. Company posted $129.23 million and $125.88 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 0.40% while estimating it to be 4.20% for the next quarter.
In 2024, company’s earnings growth rate is likely to be around 64.63% while estimates for its earnings growth in next 5 years are of 5.00%.
BDN Dividends
Brandywine Realty Trust is more likely to be releasing its next quarterly report on April 17 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Brandywine Realty Trust (NYSE:BDN)’s Major holders
Insiders are in possession of 2.64% of company’s total shares while institution are holding 90.24 percent of that, with stock having share float percentage of 92.69%. Investors also watch the number of corporate investors in a company very closely, which is 90.24% institutions for Brandywine Realty Trust that are currently holding shares of the company. Blackrock Inc. is the top institutional holder at BDN for having 34.08 million shares of worth $155.42 million. And as of Dec 30, 2023, it was holding 19.79% of the company’s outstanding shares.
The second largest institutional holder is Vanguard Group Inc, which was holding about 27.63 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 16.04% of outstanding shares, having a total worth of $125.99 million.
On the other hand, iShares Core S&P Smallcap ETF and Vanguard Specialized-Real Estate Index Fund are the top two Mutual Funds which own company’s shares. As of Jan 30, 2024, the former fund manager was holding 11.45 million shares of worth $52.2 million or 6.65% of the total outstanding shares. The later fund manager was in possession of 7.08 million shares on Oct 30, 2023, making its stake of worth around $32.31 million in the company or a holder of 4.11% of company’s stock.
