Brandywine Realty

Brandywine Realty Trust is a real estate investment trust, which engages in owning, leasing, and managing an urban, town center and suburban office portfolio. The firm operates through the following business segments: Philadelphia Central Business District, Pennsylvania Suburbs, Austin, Texas, Metropolitan Washington, D.C., and Other. The Philadelphia Central Business District segment includes properties located in the city of Philadelphia, Pennsylvania. The Pennsylvania Suburbs segment consists of properties in Chester, Delaware, and Montgomery counties. The Austin, Texas segment consists of properties in the City of Austin, Texas. The Metropolitan Washington D.C. segment is composed of properties in the District of Columbia, Northern Virginia, and Southern Maryland. The Other segment includes properties located in Camden County, New Jersey and in New Castle County, Delaware. The company was founded by Gerard H. Sweeney in 1986 and is headquartered in Philadelphia, PA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Brandywine Realty surpasses Q4 earnings, eyes growth amid challenges

Brandywine Realty exceeded Q4 2022 FFO estimates and leasing performance. Challenges include occupancy below targets due to tenant default in Austin. Opportunities in net effective rent growth and financing activities for growth plans.
Strong emphasis on quality buildings and positive leasing trends despite economic uncertainty. Detailed financial metrics and 2023 guidance provided. Focus on liquidity improvement and property dispositions in 2023.
Anticipated challenges include concerns about Philadelphia suburban office market and demand shifts post-COVID. Tight dividend coverage forecasted for '23, monitoring closely with potential property sales.
Opportunities in net effective rent growth in specific regions and strong demand in life science developments. Exploration of financing sources for maturing JVs and potential share repurchase plans.

Brandywine Realty Trust reports solid Q1 performance amidst market challenges

Brandywine Realty Trust's Q1 2023 showcased strong lease execution, liquidity generation, and strategic financial management. While challenges exist in underperforming portfolios and market uncertainties, opportunities in property dispositions and maintaining dividend payments present avenues for growth. The company's performance in managing debt metrics and addressing leverage targets reflects a proactive approach to financial stability.

Brandywine Realty reports resilient performance amidst challenges and growth opportunities

Brandywine Realty showcased strong performance in leasing and operational metrics, despite challenges like lease terminations impacting revenue.
The company's financial strength and strategic capital management position it well for future growth and value maximization.
Opportunities in lender appetite, positive leasing trends, and development activities offer avenues for continued success and revenue growth.

Brandywine Realty Trust reports Q3 loss, focuses on deleveraging and leasing opportunities

Brandywine Realty Trust's Q3 performance was impacted by negative absorption and a reduction in occupancy range, but the company outperformed in GAAP and same-store metrics. Despite challenges in financing and maintaining occupancy levels, the company remains focused on deleveraging and exploring potential leasing opportunities. Overall, the company is optimistic about its leasing pipeline and maintaining or increasing yield equivalency for its projects.

Brandywine Realty Trust reports resilient performance and strategic growth plans

Brandywine Realty Trust (BDN) showcased solid performance in Q4 2023, with a focus on leasing up development projects and managing capital spend.
Despite challenges in occupancy and leasing pace at certain properties, BDN remains confident in achieving its leasing targets for the year.
The company's unsecured balance sheet and strategic initiatives position it well to capitalize on growth opportunities in the real estate market.
BDN's proactive approach to refinancing debt, enhancing property quality, and evaluating asset conversions underscores its commitment to long-term success.

Brandywine Realty reports solid Q1 performance amidst growth opportunities

Brandywine Realty (BDN) shows resilience with strong FFO, liquidity, and ongoing development projects.
Challenges in the Austin portfolio and construction financing require attention for sustained growth.
Opportunities lie in occupancy growth, additional leasing activity, and managing debt negotiations effectively.
Overall, Brandywine Realty (BDN) aims for stability, liquidity, and strategic portfolio management in 2024.

Brandywine Realty faces Q3 losses but sees stability and growth opportunities

Brandywine Realty's Q3 2024 performance reflects challenges in net loss and FFO, but strengths in portfolio stability and liquidity management.
While facing hurdles in FFO growth and land sales, the company's strategic initiatives and low rollover exposure present opportunities for future growth.
Optimism for the future and a focus on development projects signal a proactive approach to navigating market challenges and driving long-term success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Brandywine Realty Trust engages in the acquisition, development, redevelopment, ownership, management, and operation of a portfolio of office, life science and lab, residential and mixed-use properties. It operates through the following segments: Philadelphia Central Business District (Philadelphia CBD), Pennsylvania Suburbs, Austin, Texas, and Other. The Philadelphia CBD segment includes properties in Philadelphia, Pennsylvania. The Pennsylvania Suburbs segment refers to the properties in Chester, Delaware, and Montgomery counties. The Austin, Texas segment focuses on properties in the City of Austin, Texas. The Other segment relates to properties located in Washington, D.C., Northern Virginia, Southern Maryland, Camden County, New Jersey and New Castle County, Delaware. The company was founded by Gerard H. Sweeney in 1986 and is headquartered in Philadelphia, PA.

PHILADELPHIA, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and twelve-month periods ended December 31, 2021.

Brandywine Realty Trust Announces Fourth Quarter, Full Year 2021 Results, Initiates 2022 Guidance and Announces Investment Activity

PHILADELPHIA, Jan. 21, 2022 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE: BDN) announced today the tax characteristics of its 2021 distributions. The tax reporting will be done on Form 1099-DIV and shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment of dividends. The characteristics of the Company's distributions are as follows:

Brandywine Realty Trust Announces Tax Characteristics of Its 2021 Distributions

BDN has been going through a phase of painful strategic redeployment of its real estate assets.

Brandywine Realty Trust: The Future Remains Uncertain

Master developer breaks ground on phase one and rebrands the community as Uptown ATX Master developer breaks ground on phase one and rebrands the community as Uptown ATX

Construction Commences on $3 Billion 66-Acre Master-Planned Mixed-Use Community in the Heart of Austin's Second Downtown

PHILADELPHIA, Dec. 07, 2021 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.19 per common share and OP Unit payable on January 19, 2022, to holders of record on January 5, 2022. The quarterly dividend is equivalent to an annual rate of $0.76 per share.

Brandywine Realty Trust Announces Common Quarterly Dividend and Confirms Fourth Quarter 2021 Earnings Release and Conference Call

PHILADELPHIA, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Today, Brandywine Realty Trust (NYSE: BDN) and Pennsylvania Biotechnology Center (PABC) announced that B.Labs at Cira Centre has been 50% leased to notable life science companies. These companies are both new to the Philadelphia region and growing local companies and include BriaCell, Ceptur Therapeutics, Leal Therapeutics, and Vitara Biomedical, among others.

Life Science Leaders to Lease Incubator Space at B.Labs in Cira Centre

At this point in time, shares of Brandywine Realty Trust are trading at low multiples and the company likely has attractive upside potential as a result. It is important to note, though, that shares are priced like this because the company is desperately in need of stability.

Brandywine Realty Trust: Still Lacking Necessary Stability

Brandywine Realty Trust (BDN) CEO Jerry Sweeney on Q3 2021 Results - Earnings Call Transcript

Brandywine Realty Trust (BDN) delivered FFO and revenue surprises of 2.94% and -0.83%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Brandywine Realty Trust (BDN) Q3 FFO Top Estimates

PHILADELPHIA, Oct. 25, 2021 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and nine-month periods ended September 30, 2021 and narrowed full year 2021 guidance.

Brandywine Realty Trust Announces Third Quarter 2021 Results and Narrows 2021 Guidance

PHILADELPHIA, Sept. 14, 2021 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.19 per common share and OP Unit payable on October 20, 2021 to holders of record on October 6, 2021. The quarterly dividend is equivalent to an annual rate of $0.76 per share.

Brandywine Realty Trust Announces Common Quarterly Dividend and Confirms Third Quarter 2021 Earnings Release and Conference Call

Donegal Group

F.N.B. Corp.

FS KKR Capital Corp

Golub Capital BDC

Kenon Hlds

Bank of N.T. Butterfield & Son

Northwest Bancshares

Oaktree Specialty Lending

Owl Rock Capital Corp

People's United Financial

Qiwi

Rio Tinto plc Sponsored

Takeda Pharmaceutical

United Bankshares

Universal Corp

Vale S.A.

"Benjamin Graham Value Stocks match the criteria Benjamin Graham followed." - YCharts Value Screener.

27 Ideal Dividends To Buy Now Per Ben Graham's Formula

AGNC Investment

Bank of Nova Scotia

Healthpeak Properties Inc

Legal & General Group PLC

National Grid

ProShares S&P 500 Dividend Aristocrats ETF

Swiss Re AG

My portfolio crossed the mark where I could lock in capital gains, switch decidedly to income stocks and retire today. That is, if these income stocks yield at least some 4.5%.

High Yield And Low Correlations: Embracing The Cuts

Brandywine Realty Trust (BDN) CEO Jerry Sweeney on Q2 2021 Results - Earnings Call Transcript

Brandywine Realty Trust (BDN) delivered FFO and revenue surprises of 0.00% and -0.89%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Brandywine Realty Trust (BDN) Matches Q2 FFO Estimates

PHILADELPHIA, July 26, 2021 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and six-month periods ended June 30, 2021.

Brandywine Realty Trust Announces Second Quarter Results And Narrows 2021 Guidance

Let's see if Brandywine (BDN) stock is a good choice for value-oriented investors right now from multiple angles.

Should Value Investors Pick Brandywine (BDN) Stock Now?

Brandywine Realty Trust has seen generally positive performance in recent years. It has experienced some pain recently and that pain does not appear to be over at this point in time.

Brandywine Realty Trust: Stabilization Is Needed

Group 1 Automotive

Nelnet

Psychemedics

TRI Pointe Group

According to the GuruFocus All-in-One Screener, a Premium feature, as of June 28, the following companies are trading below their Peter Lynch fair values with wide margins of safety and have had positive performances over the past 12 months.

5 Undervalued Stocks Trading Below the Peter Lynch Value

PHILADELPHIA, May 18, 2021 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.19 per common share and OP Unit payable on July 21, 2021 to holders of record on July 7, 2021. The quarterly dividend is equivalent to an annual rate of $0.76 per share.

Brandywine Realty Trust Announces Common Quarterly Dividend and Confirms Second Quarter 2021 Earnings Release and Conference Call

The company has a geographically concentrated portfolio, though property locations and quality are top notch. The company has outperformed the majority of its peers in terms of FFO growth.

Brandywine Realty Trust: Out From The Shadows

Brandywine Realty Trust (BDN) CEO Jerry Sweeney on Q1 2021 Results - Earnings Call Transcript

Brandywine Realty Trust (BDN) delivered FFO and revenue surprises of 2.94% and -2.79%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Brandywine Realty Trust (BDN) Tops Q1 FFO Estimates

PHILADELPHIA, April 21, 2021 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three months ended March 31, 2021.

Brandywine Realty Trust Announces First Quarter Results And Narrows 2021 Guidance

PHILADELPHIA--(BUSINESS WIRE)-- #Philadelphia--Brandywine Realty Trust in partnership with the Pennsylvania Biotechnology Center, today announced B.Labs, a life science incubator in Philadelphia.

Brandywine Realty Trust and Pennsylvania Biotechnology Center Partner on Life Science Incubator within 14-acre $3.5 billion Schuylkill Yards Innovation Neighborhood

News for Brandywine Realty Stock (BDN)