Latest posts by Richard Bower (see all)
- Stock in the Spotlight: Brandywine Realty Trust (NYSE: BDN) - February 18, 2020
- Active Stock’s Momentum: Arcturus Therapeutics Holdings Inc. (NASDAQ: ARCT) - November 15, 2019
- Earnings Recap: Cutera Inc. (NASDAQ: CUTR) - November 13, 2019
Shares of Brandywine Realty Trust (NYSE: BDN) showed the bullish trend with a higher momentum of 0.03% to $15.77. The company traded total volume of 23.111K shares as contrast to its average volume of 1.49M shares. The company has a market value of $2.78B and about 176.19M shares outstanding.
Brandywine Realty Trust (BDN) reported that net income allocated to common shares totaled $6.70M or $0.04 per diluted share in the third quarter of 2019 compared to a net loss of $43.30M or ($0.24) per diluted share in the third quarter of 2018. The 2018 results include an impairment charge totaling $56.90M, or ($0.32) per diluted share.
FFO available to common shares and units in the third quarter of 2019 totaled $64.00M or $0.36 per diluted share versus $63.20M or $0.35 per diluted share in the third quarter of 2018. Our third quarter 2019 payout ratio ($0.19 common share distribution / $0.36 FFO per diluted share) was 52.8%.
Net income allocated to common shares totaled $17.20M or $0.10 per diluted share for the first nine months of 2019 compared to net income of $13.40M or $0.07 per diluted share in the first nine months of 2018.
Our FFO available to common shares and units for the first nine months of 2019 totaled $186.30M, or $1.05 per diluted share compared to FFO available to common shares and units of $183.40M, or $1.01 per diluted share, for the first nine months of 2018. Our first nine months 2019 FFO payout ratio ($0.57 common share distribution / $1.05 FFO per diluted share) was 54.3%.
The Company offered net profit margin of 3.80% while its gross profit margin was 60.70%. ROE was recorded as 1.20% while beta factor was 0.92. The stock, as of recent close, has shown the weekly upbeat performance of 1.87% which was maintained at 0.06% in this year.
Brandywine Realty Trust, NYSE: BDN, BDN