Brandywine Realty Trust

NYSE:BDN 주식 리포트

시가총액: US$535.8m

Brandywine Realty Trust 과거 순이익 실적

과거 기준 점검 0/6

Brandywine Realty Trust 의 수입은 연평균 -58.5%의 비율로 감소해 온 반면, Office REITs 산업은 연평균 17.2%의 비율로 감소했습니다. 매출은 연평균 5%의 비율로 감소해 왔습니다.

핵심 정보

-58.50%

순이익 성장률

-58.48%

주당순이익(EPS) 성장률

Office REITs 산업 성장률3.05%
매출 성장률-5.01%
자기자본이익률-20.58%
순이익률-31.76%
다음 순이익 업데이트21 Oct 2026

최근 과거 실적 업데이트

Recent updates

Seeking Alpha • Sep 03

Brandywine Realty Trust: This 10.6% REIT Has Many Problems

Summary Brandywine Realty Trust trades at a steep 5.5x P/FFO discount, but balance sheet risks overshadow valuation. BDN’s leverage remains elevated at 9.0x net debt/EBITDA, with $700 million in 2027 maturities and heavy reliance on asset sales for debt reduction. The 10.6% dividend yield appears unsustainable, with a Q2 payout ratio of 102.9% and two dividend cuts in three years. I maintain a Hold rating, monitoring leverage and FFO/share for further deterioration or improvement before reconsidering the stance. Read the full article on Seeking Alpha
내러티브 업데이트 • Jun 25

BDN: Higher Margins And Buybacks Will Support Future Upside

Brandywine Realty Trust's analyst price target has been reduced by $0.50, as analysts point to updated expectations for revenue growth, profit margins, and future P/E assumptions reflected in recent research. What's in the News for Brandywine Realty Trust Brandywine Realty Trust updated its share repurchase activity, buying back 700,000 shares for US$2.17 million between January 1, 2026 and March 31, 2026, as part of the buyback program announced on January 3, 2019.
내러티브 업데이트 • Jun 10

BDN: Wider 2026 Loss Guidance Will Sustain Cautious And Bearish Outlook

Analysts recently trimmed their price target on Brandywine Realty Trust by $0.50, citing updated expectations that now reflect lower projected revenue growth along with slightly higher profit margin and P/E assumptions. What's in the News Brandywine Realty Trust updated its 2026 earnings outlook, revising expected loss per share guidance from a range of $0.66 to $0.58 to a wider loss range of $0.76 to $0.70.
내러티브 업데이트 • May 27

BDN: Higher Future P/E And Margin Execution Will Support Upside

Analysts have reduced their price target on Brandywine Realty Trust by $0.50, citing updated assumptions for fair value, discount rate, revenue growth, profit margins, and future P/E as key drivers of the revision. Analyst Commentary Despite the lower price target, bullish analysts still see room for upside if Brandywine Realty Trust delivers on its updated assumptions for fair value, discount rate, revenue, margins, and future P/E.
내러티브 업데이트 • May 02

BDN: Trimmed Outlook And Wider Loss Guidance Will Shape Future Upside Potential

Analysts have trimmed their price target on Brandywine Realty Trust by $0.50, citing updated assumptions regarding fair value, revenue growth, profit margins, and a lower future P/E multiple. Analyst Commentary Bullish Takeaways Bullish analysts see the adjusted fair value assumptions as a recalibration that still supports upside potential if Brandywine Realty Trust executes well on its revenue plans and cost discipline.
내러티브 업데이트 • Apr 16

BDN: Higher Future P/E Will Support Upside Despite Calibrated Outlook

Analysts have trimmed their price target on Brandywine Realty Trust by $0.70, citing updated assumptions for slower revenue growth, slightly lower profit margins, and a higher future P/E multiple that together temper upside expectations. Analyst Commentary Bullish Takeaways Bullish analysts view the updated higher future P/E multiple as support for valuation, suggesting the market may still be willing to pay a premium for Brandywine Realty Trust if execution on its plan remains consistent.
내러티브 업데이트 • Apr 02

BDN: Cautious Outlook Will Balance Lower Fair Value With Tightening Profitability Expectations

Analysts have reduced their Brandywine Realty Trust price target by $0.70, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margins, and future P/E expectations. Analyst Commentary Bearish analysts have trimmed their Brandywine Realty Trust price targets, including a cut of $0.70.
내러티브 업데이트 • Mar 18

BDN: Softer Margins And Lower Future P/E Will Shape Balanced Outlook

Analysts have trimmed their price target on Brandywine Realty Trust by about $0.46, citing slightly softer profit margin assumptions and a modestly lower future P/E outlook, while keeping revenue growth and discount rate expectations broadly in line. Analyst Commentary Analysts are using the lower price target as a way to fine tune their expectations for Brandywine Realty Trust, rather than as a wholesale shift in view on the business.
내러티브 업데이트 • Mar 04

BDN: Cautious Assumptions And Higher Future P/E Will Support Upside

Analysts have trimmed their Brandywine Realty Trust price target by $0.70, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E that are now more conservative than before. Analyst Commentary Analysts framing the new, lower price target see it as a recalibration rather than a fundamental reset, with updated inputs for fair value, discount rate, revenue growth, profit margin, and future P/E all pushed in a more cautious direction.
내러티브 업데이트 • Feb 18

BDN: Reset Profitability Outlook And Higher P/E Multiple Will Support Upside

Analysts have reduced their price target on Brandywine Realty Trust by $1.00 to $5.00, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E. Analyst Commentary Bullish analysts looking at Brandywine Realty Trust are reacting to the revised US$5.00 price target by focusing on how the new assumptions for fair value, discount rate, revenue growth, profit margin and future P/E fit together, rather than on the headline move alone.
내러티브 업데이트 • Feb 04

BDN: Revised P/E And Margin Outlook Will Support Fair Value Upside

Analysts have trimmed their price target on Brandywine Realty Trust to about US$3.75 from roughly US$4.34, reflecting updated assumptions for slightly softer revenue growth, a lower profit margin, and a reduced future P/E multiple. Analyst Commentary Recent research commentary around the revised US$3.75 price target centers on how realistic the softer revenue outlook, lower margin profile, and reduced future P/E multiple are for Brandywine Realty Trust.
내러티브 업데이트 • Jan 21

BDN: Steady Fair Value And Margins Will Support Forward P/E Rebound

Analysts kept their fair value estimate for Brandywine Realty Trust steady at US$4.34, with only slight tweaks to long term assumptions around profit margin and future P/E, resulting in an overall flat price target update. What's in the News From July 1, 2025 to September 30, 2025, Brandywine Realty Trust did not repurchase any shares under its ongoing buyback program, with 0 shares repurchased for US$0 million in that period (Key Developments).
내러티브 업데이트 • Jan 07

BDN: Rising Future P/E Will Support Recovery Despite Wider 2025 Loss Forecast

Analysts have raised their price target for Brandywine Realty Trust to US$4.34 from US$4.28, citing updated assumptions around fair value, revenue growth, profit margins, and future P/E multiples. What's in the News Brandywine Realty Trust reported that between July 1, 2025 and September 30, 2025, it repurchased 0 shares for US$0 million under its existing buyback program, while total repurchases under the buyback announced on January 3, 2019 stand at 7,585,652 shares, or 4.3%, for US$77.27 million (Key Developments).
내러티브 업데이트 • Dec 16

BDN: Future Margins Will Improve Despite Lower Earnings Outlook And Dividend Cut

Analysts modestly raised their price target on Brandywine Realty Trust to approximately $4.30 per share, highlighting slightly stronger projected profit margins despite a marginally higher assumed discount rate. What's in the News Lowered 2025 earnings outlook; Brandywine Realty Trust now expects a loss per share of $1.05 to $1.03, compared with its prior guidance of $0.96 to $0.90 per share (company guidance filing) The board approved a reduced quarterly dividend of $0.08 per common share and OP Unit, implying an annualized $0.32 per share versus the prior annual rate of $0.60 (company dividend announcement) Valuation Changes Fair Value: Unchanged at approximately $4.28 per share, indicating no revision to the intrinsic value estimate.
내러티브 업데이트 • Dec 02

BDN: Future Earnings Loss To Narrow While Dividend Payout Drops

Analysts have lowered their price target for Brandywine Realty Trust from $4.53 to $4.28 per share. They cite a modest increase in discount rate expectations along with only slight improvements in revenue growth and profit margin forecasts.
내러티브 업데이트 • Nov 18

BDN: Future Profitability Expected To Improve As Dividend Is Reset

Analysts have lowered their price target for Brandywine Realty Trust from $4.83 to $4.53. This change reflects more cautious expectations for the company's revenue growth, profit margins, and future valuation multiples.
Seeking Alpha • Apr 25

Brandywine Realty Trust: Avoid The 15% Dividend Yield

Summary Brandywine Realty Trust has seen its dividend yield expand radically to 15% on the back of a tariff-induced selloff of REITs. The REIT paid out 98.4% of its fiscal 2025 first quarter FFO as a dividend to common shareholders. There are no significant lease expirations through 2025, with no further debt maturing following the February payment of a $70 million unsecured term loan. Read the full article on Seeking Alpha
User avatar
새로운 내러티브 • Mar 25

Philadelphia And Austin Leasing Will Secure Future Success

Strong leasing activities in key markets and project stabilization are expected to boost revenue and improve margins.
Seeking Alpha • Feb 09

Brandywine Realty Q4 Earnings: Unsustainable Trends Are Emerging

Summary Brandywine Realty faces a challenging 2025 despite significant liquidity improvements and high leasing activity, earning a Hold rating post-Q4 earnings. BDN's ambitious business plan included $300 million in dispositions and operational improvements, but sustainability of cash flow and payout ratios remain concerns. The push into life sciences amid market oversupply and high vacancy rates poses additional risks, with key projects lagging in lease-up activity. Management anticipates a transitional year with financial strain, suggesting shareholders may benefit from waiting on the sidelines. Read the full article on Seeking Alpha
Seeking Alpha • Nov 18

Brandywine Realty Trust: A Speculative Buy With Significant Potential Upside

Summary Brandywine Realty Trust's non-office investments aim to boost long-term cash flows while reducing reliance on office properties. Key projects like Uptown ATX Schuylkill Yards are expected to stabilize in the medium term, contributing to future FFO growth. Current financial challenges include short-term debt maturities and dividend coverage. Overly pessimistic valuation based on the cap rate and P/FFO indicates significant upside potential for risk-tolerant investors. Read the full article on Seeking Alpha
Seeking Alpha • Oct 23

Brandywine Realty: Mixed Q3 Results Drive Profit Taking From Investors

Summary Brandywine Realty Trust's Q3 results were mixed, with FFO missing expectations, but revenue exceeding forecasts; forward guidance aligns with expectations. The company's lease rate is stabilizing, but tenant retention is low; focus on mixed-use and research lab spaces helps mitigate office market challenges. Asset sales and no new property purchases indicate a strategy to become “leaner and meaner”; same-store financials show slight declines but suggest stabilization. Despite the high dividend yield and favorable valuation, BDN stock remains speculative due to uncertainties in office demand and economic conditions. Read the full article on Seeking Alpha
Seeking Alpha • Oct 08

Brandywine Realty Trust: Occupancy And Joint Ventures Push Me To Sidelines (Rating Downgrade)

Summary Brandywine Realty Trust faces financial strain due to declining occupancy rates, increased joint venture commitments, and increased interest expenses. Tight cash flow is hindering Brandywine's ability to cover dividends and may necessitate further borrowing. Concentrated debt maturities between 2027 and 2029, along with geographic risk in Philadelphia, pose additional challenges for Brandywine's financial stability. I recommend staying on the sidelines until the company's cash flow situation improves, and joint ventures stabilize without needing further cash infusions. Read the full article on Seeking Alpha
Seeking Alpha • Jul 30

Brandywine Realty Q2 Earnings: Awaiting A Major Market Reversal

Summary The urban real estate sector has been reshaped by shifting consumer preferences and hybrid working patterns over the past five years. Brandywine Realty Trust focuses on Philadelphia and Austin, owning and developing mixed-use assets. Brandywine Realty reports Q2 earnings, exceeding revenue targets, increasing leasing activity, and refinancing unsecured bonds to fund and ambitious capital plan. We explore BDN's Q2 earnings amidst the broader market. Read the full article on Seeking Alpha
Seeking Alpha • May 24

Brandywine Realty Trust: A Diamond In The Rough, +12% Yield

Summary Brandywine Realty Trust is a distressed office REIT trading at a low valuation due to challenges in the commercial real estate sector. Brandywine Realty has been negatively impacted by high interest rates, resulting in lower earnings and a reduced dividend. Brandywine's future potential is significant, with development plans for two major projects that could lead to substantial upside and a return to growing FFO. Read the full article on Seeking Alpha
Seeking Alpha • Apr 29

Brandywine Realty: Why This 13.4% Dividend Yield From Office Is A Buy

Summary Brandywine Realty Trust is trading at a low 4.7x multiple to FFO due to concerns about rising office vacancy rates and a high Fed funds rate. BDN currently offers a 13.4% dividend yield that's 150% covered by the low end of 2024 FFO guidance. An April bond issue of $400 million has eliminated its 2024 debt maturity and materially increased the depth of its balance sheet. Read the full article on Seeking Alpha

매출 및 비용 세부 내역

Brandywine Realty Trust가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.

순이익 및 매출 추이

NYSE:BDN 매출, 비용 및 순이익 (USD Millions)
날짜매출순이익일반관리비연구개발비
30 Jun 26452-144370
31 Mar 26437-201370
31 Dec 25431-179420
30 Sep 25404-187450
30 Jun 25308-327500
31 Mar 25314-208490
31 Dec 24316-197430
30 Sep 24307-310410
30 Jun 24420-166360
31 Mar 24427-209360
31 Dec 23475-197350
30 Sep 23481-10360
30 Jun 2348125360
31 Mar 2348442340
31 Dec 2248253350
30 Sep 2247928340
30 Jun 2247416340
31 Mar 2246411340
31 Dec 2145812300
30 Sep 2145826280
30 Jun 21464300280
31 Mar 21487304280
31 Dec 20516305300
30 Sep 20540303310
30 Jun 2056335310
31 Mar 2057137310
31 Dec 1957134320
30 Sep 19558138310
30 Jun 1954988300
31 Mar 1954094290
31 Dec 18532134280
30 Sep 1853586290
30 Jun 18526149290
31 Mar 18522140280
31 Dec 17517115290
30 Sep 1751828280
30 Jun 1751315270
31 Mar 175098270
31 Dec 1651733270
30 Sep 16535-17280
30 Jun 16564-5290
31 Mar 165830300
31 Dec 15597-38290
30 Sep 1559123280

양질의 수익: BDN 은(는) 현재 수익성이 없습니다.

이익 마진 증가: BDN는 현재 수익성이 없습니다.

잉여현금흐름 대비 순이익 분석

과거 순이익 성장 분석

수익추이: BDN은 수익성이 없으며 지난 5년 동안 손실이 연평균 58.5% 증가했습니다.

성장 가속화: 현재 수익성이 없어 지난 1년간 BDN의 수익 성장률을 5년 평균과 비교할 수 없습니다.

수익 대 산업: BDN은 수익성이 없어 지난 해 수익 성장률을 Office REITs 업계(-22.8%)와 비교하기 어렵습니다.

자기자본이익률

높은 ROE: BDN는 현재 수익성이 없으므로 자본 수익률이 음수(-20.58%)입니다.

총자산이익률

투하자본수익률

우수한 과거 실적 기업을 찾아보세요

7D

1Y

7D

1Y

7D

1Y

기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2026/09/09 09:34
종가2026/09/09 00:00
수익2026/06/30
연간 수익2025/12/31

데이터 소스

당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.

패키지데이터기간미국 소스 예시 *
기업 재무제표10년
  • 손익계산서
  • 현금흐름표
  • 대차대조표
분석가 컨센서스 추정치+3년
  • 재무 예측
  • 분석가 목표주가
시장 가격30년
  • 주가
  • 배당, 분할 및 기타 조치
지분 구조10년
  • 주요 주주
  • 내부자 거래
경영진10년
  • 리더십 팀
  • 이사회
주요 개발10년
  • 회사 공시

* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.

별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.

분석 모델 및 스노우플레이크

이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.

Simply Wall St 분석 모델을 설계하고 구축한 에 대해 알아보세요.

산업 및 섹터 지표

산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.

분석가 소스

Brandywine Realty Trust는 20명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가기관
Jacob KilsteinArgus Research Company
Ross SmotrichBarclays
Jing Xian Tan BonnelBofA Global Research