Stock in the Spotlight: Brandywine Realty Trust (NYSE: BDN)

Richard Bower

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

Richard Bower

Richard Bower

I am Richard Bower and I’m passionate about business and finance news with over 4 years in the industry starting as a writer working my way up into senior positions. I am the driving force behind Tribune Updates with a vision to broaden the company’s readership throughout 2016. I am an editor and reporter of “Healthcare” category. Address: 1208 Jewell Road Eagan, MN 55121, USA Phone: (+1) 612-598-3663 Email: Richardbower@tribuneupdates.com

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