BDN - Brandywine Realty Trust

NYSE - NYSE Delayed Price. Currency in USD
14.48
+0.11 (+0.77%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close14.37
Open14.46
Bid11.83 x 2200
Ask0.00 x 1400
Day's Range14.40 - 14.57
52 Week Range12.32 - 16.18
Volume6,328,914
Avg. Volume1,345,564
Market Cap2.551B
Beta (3Y Monthly)0.85
PE Ratio (TTM)28.56
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.76 (5.29%)
Ex-Dividend Date2019-07-03
1y Target EstN/A
Trade prices are not sourced from all markets
  • Radnor finalizes King of Prussia Road development after multi-year process
    American City Business Journals

    Radnor finalizes King of Prussia Road development after multi-year process

    Radnor officials have approved the final subdivision plan involving the development of a new campus located off King of Prussia Road that is anchored by the University of Pennsylvania Health System.  The township’s board of commissioners voted Oct. 7 on the plan, bringing to a close a years-long saga involving the development of 34 acres at 144 King of Prussia Road. The property had once been used as a pharmaceutical laboratory and office but when those operations had ceased, it had been eyed for new development.  “This is the end of a six or seven year ordeal,” said Marc B. Kaplin, an attorney with Kaplin Stewart at the meeting. “We’re done.” Kaplin represents Brandywine Realty Trust and had initially become involved on the development of the site when BioMed Realty Trust in 2013 sought approval to build a mixed-use project on it.

  • HT vs. BDN: Which Stock Is the Better Value Option?
    Zacks

    HT vs. BDN: Which Stock Is the Better Value Option?

    HT vs. BDN: Which Stock Is the Better Value Option?

  • Globenewswire Test

    Brandywine Realty Trust Prices $100.0 Million of 4.100% Guaranteed Notes Due 2024 and $100.0 Million of 4.550% Guaranteed Notes Due 2029

    PHILADELPHIA, Oct. 03, 2019 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (the “Company”) (NYSE:BDN) announced today that its operating partnership, Brandywine Operating Partnership, L.P. (the “Operating Partnership”), has priced the underwritten public offering of $100.0 million of its 4.100% guaranteed notes due 2024 (the “2024 Notes”) and $100.0 million of its 4.550% guaranteed notes due 2029 (the “2029 Notes” and, together with the 2024 Notes, the “Notes”). Interest on the 2024 Notes and the 2029 Notes will be payable semi-annually on April 1 and September 1 of each year commencing April 1, 2020. The 2024 Notes are being offered to investors at a price of 106.315% of their principal amount, plus accrued and unpaid interest from and including October 1, 2019, with a re-offer yield of 2.669%. The 2029 Notes are being offered to investors at a price of 110.058% of their principal amount, plus accrued and unpaid interest from and including October 1, 2019, with a re-offer yield of 3.331%. The 2024 Notes will become part of the same series as the Operating Partnership’s outstanding 4.100% guaranteed notes due 2024, $250.0 million of which were originally issued on September 16, 2014, for all purposes. The 2029 Notes will become part of the same series as the Operating Partnership’s outstanding 4.550% guaranteed notes due 2029, $250.0 million of which were originally issued on September 16, 2014, for all purposes. The sale of the Notes is expected to close on October 10, 2019, subject to customary closing conditions.The net proceeds of the offering, after deducting underwriting discounts and estimated transaction expenses related to this offering and excluding accrued interest paid by the purchasers of the 2024 notes and the 2029 notes, are expected to be approximately $214.7 million. The Operating Partnership intends to use the net proceeds of the offering to reduce outstanding borrowings under the Operating Partnership’s unsecured revolving credit facility. Any remaining net proceeds of the offering will be used for general corporate purposes, which may include the repayment, repurchase or other retirement of other indebtedness.The joint book-running managers for the offering are Citigroup Global Markets Inc., BofA Securities, Inc., Barclays Capital Inc., and Wells Fargo Securities, LLC. The senior co-managers for the offering are BMO Capital Markets Corp., BNY Mellon Capital Markets, LLC, Capital One Securities, Inc., PNC Capital Markets LLC, RBC Capital Markets, LLC, Stifel, Nicolaus & Company, Incorporated, SunTrust Robinson Humphrey, Inc., and U.S. Bancorp Investments, Inc. The co-managers for the offering are BB&T Capital Markets, a division of BB&T Securities, LLC, Firstrust Savings Bank, KeyBanc Capital Markets Inc., Samuel A. Ramirez & Company, Inc., Santander Investment Securities Inc., Synovus Securities, Inc., and TD Securities (USA) LLC.This offering is being made pursuant to an effective shelf registration statement and related prospectus and preliminary prospectus supplement filed by the Company with the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor will there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.Copies of the prospectus supplement and prospectus relating to the offering may be obtained from Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: 1-800-831-9146 or e-mail: prospectus@citi.com; and BofA Securities, Inc., Attn: Prospectus Department, 200 North College Street, NC1-004-03-43, Charlotte, NC 28255-0001 or by email at dg.prospectus_requests@baml.com or by calling toll-free 1-800-294-1322.About Brandywine Realty TrustBrandywine 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, Austin and Washington, D.C. markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 180 properties and 24.9 million square feet as of June 30, 2019, which excludes assets held for sale.  Our purpose is to shape, connect and inspire the world around us through our expertise, the relationships we foster, the communities in which we live and work, and the history we build together. For more information, please visit www.brandywinerealty.com.Forward-Looking StatementsCertain statements in this release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our and our affiliates' actual results, performance, achievements or transactions to be materially different from any future results, performance, achievements or transactions expressed or implied by such forward-looking statements.  Such risks, uncertainties and other factors relate to, among others: our ability to lease vacant space and to renew or relet space under expiring leases at expected levels; competition with other real estate companies for tenants; the potential loss or bankruptcy of major tenants; interest rate levels; the availability of debt, equity or other financing; timing of and risks of acquisitions, dispositions and developments, including the cost of construction delays and cost overruns; unanticipated operating and capital costs; our ability to obtain adequate insurance, including coverage for terrorist acts; dependence upon certain geographic markets; and general and local economic and real estate conditions, including the extent and duration of adverse changes that affect the industries in which our tenants operate. Additional information on factors which could impact us and the forward-looking statements contained herein are included in our filings with the Securities and Exchange Commission, including our Form 10-K for the year ended December 31, 2018. We assume no obligation to update or supplement forward-looking statements that become untrue because of subsequent events except as required by law.Company / Investor Contact: Tom Wirth EVP & CFO 610-832-7434 tom.wirth@bdnreit.com

  • Moody's

    Brandywine Operating Partnership, L.P. -- Moody's changes Brandywine's outlook to stable

    Moody's also affirmed the office REIT's senior unsecured debt rating and senior unsecured shelf rating at Baa3 and (P)Baa3, respectively. "Brandywine's Net Debt/EBITDA remains elevated at 6.7x, according to Moody's calculations for LTM 2Q19, and we don't expect meaningful leverage reduction over the next 12 months, Moody's Vice President Lori Marks stated. "The REIT's portfolio remains well-leased, but cash flow growth will be limited by some large anticipated tenant-moveouts," Marks further stated.

  • Should Income Investors Look At Brandywine Realty Trust (NYSE:BDN) Before Its Ex-Dividend?
    Simply Wall St.

    Should Income Investors Look At Brandywine Realty Trust (NYSE:BDN) Before Its Ex-Dividend?

    Brandywine Realty Trust (NYSE:BDN) is about to trade ex-dividend in the next 3 days. If you purchase the stock on or...

  • Brandywine Realty Trust (BDN) is a Top Dividend Stock Right Now: Should You Buy?
    Zacks

    Brandywine Realty Trust (BDN) is a Top Dividend Stock Right Now: Should You Buy?

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Brandywine Realty Trust (BDN) have what it takes? Let's find out.

  • At US$14.53, Is It Time To Put Brandywine Realty Trust (NYSE:BDN) On Your Watch List?
    Simply Wall St.

    At US$14.53, Is It Time To Put Brandywine Realty Trust (NYSE:BDN) On Your Watch List?

    Brandywine Realty Trust (NYSE:BDN), which is in the reits business, and is based in United States, received a lot of...

  • This is Why Brandywine Realty Trust (BDN) is a Great Dividend Stock
    Zacks

    This is Why Brandywine Realty Trust (BDN) is a Great Dividend Stock

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Brandywine Realty Trust (BDN) have what it takes? Let's find out.

  • Why Brandywine Realty Trust (BDN) is a Great Dividend Stock Right Now
    Zacks

    Why Brandywine Realty Trust (BDN) is a Great Dividend Stock Right Now

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Brandywine Realty Trust (BDN) have what it takes? Let's find out.

  • Thomson Reuters StreetEvents

    Edited Transcript of BDN earnings conference call or presentation 23-Jul-19 1:00pm GMT

    Q2 2019 Brandywine Realty Trust Earnings Call

  • How Does Investing In Brandywine Realty Trust (NYSE:BDN) Impact The Volatility Of Your Portfolio?
    Simply Wall St.

    How Does Investing In Brandywine Realty Trust (NYSE:BDN) Impact The Volatility Of Your Portfolio?

    If you're interested in Brandywine Realty Trust (NYSE:BDN), then you might want to consider its beta (a measure of...

  • Brandywine Realty Trust (BDN) Q2 2019 Earnings Call Transcript
    Motley Fool

    Brandywine Realty Trust (BDN) Q2 2019 Earnings Call Transcript

    BDN earnings call for the period ending June 30, 2019.

  • Brandywine Realty Trust (BDN) Q2 FFO and Revenues Lag Estimates
    Zacks

    Brandywine Realty Trust (BDN) Q2 FFO and Revenues Lag Estimates

    Brandywine Realty Trust (BDN) delivered FFO and revenue surprises of -2.78% and -0.40%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Should You Invest In Brandywine Realty Trust (NYSE:BDN)?
    Simply Wall St.

    Should You Invest In Brandywine Realty Trust (NYSE:BDN)?

    Brandywine Realty Trust is a US$2.5b mid-cap, real estate investment trust (REIT) based in Philadelphia, United...

  • Is Brandywine Realty Trust (BDN) A Good Stock To Buy?
    Insider Monkey

    Is Brandywine Realty Trust (BDN) A Good Stock To Buy?

    Looking for stocks with high upside potential? Just follow the big players within the hedge fund industry. Why should you do so? Let’s take a brief look at what statistics have to say about hedge funds’ stock picking abilities to illustrate. The Standard and Poor’s 500 Index returned approximately 12.1% in 2019 (through May 30th). Conversely, hedge […]

  • Markit

    See what the IHS Markit Score report has to say about Brandywine Realty Trust.

    Brandywine Realty Trust NYSE:BDNView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for BDN with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting BDN. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding BDN are favorable, with net inflows of $2.13 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Why Brandywine Realty Trust (BDN) is a Top Dividend Stock for Your Portfolio
    Zacks

    Why Brandywine Realty Trust (BDN) is a Top Dividend Stock for Your Portfolio

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Brandywine Realty Trust (BDN) have what it takes? Let's find out.