Brandywine Realty Trust (NYSE:BDN):
Brandywine Realty Trust Prices $100.0 Million of 3.950% 5-Year Guaranteed Notes and $450.0 Million of 3.950% 10-Year Guaranteed Notes.
The company is so far trading unchanged by 0.00% percent from yesterday’s close.
Brandywine Realty Trust, launched on February 26, 1986, is a self-administered and self-managed real estate investment trust (REIT). The Company provides leasing, property management, development, redevelopment, acquisition and other tenant-related services for a portfolio of office, industrial, retail and mixed-use properties. The Company operates through five segments: Pennsylvania Suburbs, Philadelphia Central Business District (CBD), Metropolitan Washington, D.C., Austin, Texas, and Other. The Pennsylvania Suburbs segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs. The Philadelphia CBD segment includes properties located in the City of Philadelphia in Pennsylvania. The Metropolitan Washington, D.C. segment includes properties in the District of Columbia, Northern Virginia and Southern Maryland. The Austin, Texas segment includes properties in the City of Austin, Texas. The Other segment includes properties in Burlington and Camden counties in New Jersey, New Castle County in the state of Delaware and the City of Concord in California..
The most current P/E ratio is 111.68 and the market cap is 3.10B. In the last earnings report the EPS was $0.16 with 175.48M shares currently outstanding.
Traders are a little more bearish on shares of the company recently if you look at the uptick in short interest. The firm recorded a rise in short interest of 5.77% between October 13, 2017 and October 31, 2017. Short interest grew from 4,839,596 to 5,118,961 over that period. With short interest at 5,118,961 and short average daily volume at 1,615,470, the short-interest ratio is 3.0 and the percentage of shorted shares was 0.03% on October 31.
Brokerage firms have provided guidance on BDN. On October 20 SunTrust Banks maintained a stock rating of “Buy” projecting a price of $18.00. September 24 investment analysts at KeyCorp reiterated a “Hold” rating on the stock.
On August 25, 2017 KeyCorp maintained a “Hold” rating on the company.