LIVE

BDN

Brandywine Realty Trust

BDN

NYSE·Real Estate·REIT - Office·Mkt cap $557.6M

$3.24

▲ +0.93%

View full research view

Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

View research view

52-Week Range

$2.47 - $4.63

P/E

-2.82

Fwd P/E

-4.91

Beta

1.26

Div Yield

12.15%

Avg Vol

2.0M

Shares Out

173.7M

Mkt Cap

$557.6M

Price action

Price chart

Down 22.1% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

▲

Bull Case

4 reasons

  • Strategic geographic concentration in high-growth, supply-constrained markets (Philadelphia, Austin, Washington D.C.)
  • Integrated business model combining development, ownership, leasing and management capabilities
  • Large-scale diversified portfolio of 175 properties providing operational leverage and risk mitigation
  • Transit-oriented and mixed-use property focus aligned with long-term urban development trends
▼

Bear Case

1 risk

  • Average volatility.

Growth

Stable outlook

Expansion in Austin market capitalizing on tech sector growth and population migration

Value

Deep value opportunity - significant discount to Office REITs peers

Momentum

Hot

+24.9% over 3m

Quality

Strong

Solid business

Dividend

High yield

12.15% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Apr 20, 2026

“
Q2 26 RECAP

APR 22, 2026

Reported EPS of $0.11 vs -$0.20 consensus (+153.8% surprise). Revenue of $120.7M vs $110.6M expected (+9.1%). Beat on both top and bottom lines.

EPS beat +153.8%
Rev beat +9.1%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+153.8%

Next: Apr 20, 2026

Revenue trend · last 8Q

—

—

-6%

-4%

-4%

-8%

-1%

+5%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$125.3M

$131.8M

$121.9M

$121.5M

$120.6M

$121.4M

$121.0M

$127.0M

Margins · last 8Q

Gross

91.1%

Operating

10.6%

Profit

-38.5%

View full earnings history →

Wall Street consensus

1 analyst · 0% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

0%

Hold

1

100%

Sell

0%

Median Price Target

$3.00

▼ -7.4% vs $3.24

Low $3.00
Median $3.00
High $3.00

Latest: Truist · $3.00 · Apr 28, 2026

1 analyst covering

View full analyst page →

vs Industry

How BDN stacks vs REIT - Office

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.