Brandywine Realty (BDN) AI Stock Analysis

• Market Cap: $585.36M
• Dividend Yield: 15.45%
• Average Volume (3M): 2.70M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.02
• Revenue Growth: -5.52%
• EPS Growth: 40.27%
• Country: US
• Employees: 285
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Office
• EPS (TTM): 0.42
• Shares Outstanding: 173,699,040
• 10 Day Avg. Volume: 2,972,074
• 30 Day Avg. Volume: 2,704,981
• PEG Ratio: 5.67
• Price to Book (P/B): 0.93
• Price to Sales (P/S): 1.91
• P/FCF Ratio: 18.81
• Enterprise Value/Market Cap: 5.04
• Enterprise Value/Revenue: 5.96
• Enterprise Value/Gross Profit: 9.55
• Enterprise Value/Ebitda: 49.95
• 1Y Price Target: $5.00
• Price Target Upside: 29.87% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 47 Neutral
• Price Target: $3.50 ▼(-9.09% Downside)

Brandywine Realty's overall stock score is primarily impacted by its weak financial performance and bearish technical indicators. While the earnings call provided some positive insights, the company's high leverage and operational inefficiencies remain significant concerns. The high dividend yield offers some appeal, but the risks associated with the company's financial health and market trends weigh heavily on the score.

Brandywine Realty Business Overview & Revenue Model

Company Description

Brandywine Realty Trust (BDN) is a real estate investment trust (REIT) that focuses primarily on the acquisition, development, and management of office and mixed-use properties. Headquartered in Radnor, Pennsylvania, the company operates primarily in the metropolitan areas of Philadelphia and Washington, D.C. Brandywine Realty is known for its commitment to sustainable building practices and innovative design, providing high-quality workspaces and amenities that cater to modern tenants' needs.

How the Company Makes Money

Brandywine Realty generates revenue primarily through leasing office and mixed-use properties to a diverse range of tenants, including corporations, government agencies, and non-profit organizations. The company's revenue model is heavily reliant on rental income from its portfolio of properties, which includes both stabilized assets and development projects. In addition to rental income, Brandywine may also earn revenue from property management fees and ancillary services related to its real estate operations. Significant partnerships with local governments and private developers can enhance the company’s revenue potential through joint ventures and development agreements. Furthermore, the strategic positioning of its properties in urban centers allows Brandywine to capitalize on the demand for high-quality office space, contributing to its overall earnings.

Brandywine Realty Financial Statement Overview

Summary

Brandywine Realty is facing financial headwinds, with declining revenues and profitability, high leverage, and weakened cash flow generation. The company needs to address operational inefficiencies and manage its debt levels to improve financial stability and performance.

Income Statement

Brandywine Realty's income statement shows significant challenges. The TTM data reveals a sharp decline in revenue growth by 95.4%, and the net profit margin is deeply negative at -65.83%. The EBIT margin is also negative, indicating operational inefficiencies. While the gross profit margin remains relatively high at 69.20%, the overall profitability is severely impacted by high net losses.

Balance Sheet

The balance sheet reflects a high debt-to-equity ratio of 2.66, indicating substantial leverage. The return on equity is negative, suggesting that the company is not generating profits from its equity base. The equity ratio is relatively low, pointing to a higher reliance on debt financing, which could pose risks in a rising interest rate environment.

Cash Flow

Cash flow analysis shows a significant decline in free cash flow growth by 68.22% in the TTM period. However, the operating cash flow to net income ratio is strong at 8.76, indicating good cash generation relative to net income. The free cash flow to net income ratio is low, reflecting challenges in converting earnings into free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	495.77M	505.52M	437.84M	506.10M	457.85M	534.85M
Gross Profit	309.23M	318.19M	324.70M	311.70M	298.51M	329.40M
EBITDA	59.12M	103.00M	91.29M	303.89M	255.97M	279.63M
Net Income	-326.38M	-195.91M	-197.36M	53.82M	12.29M	305.53M
Balance Sheet
Total Assets	3.39B	3.49B	3.73B	3.87B	3.85B	3.90B
Cash, Cash Equivalents and Short-Term Investments	122.64M	90.23M	58.32M	17.55M	27.46M	46.34M
Total Debt	2.34B	2.24B	2.16B	1.99B	1.88B	1.85B
Total Liabilities	2.51B	2.45B	2.41B	2.24B	2.14B	2.10B
Stockholders Equity	879.77M	1.04B	1.32B	1.63B	1.69B	1.79B
Cash Flow
Free Cash Flow	11.69M	51.37M	20.81M	-53.71M	55.75M	65.56M
Operating Cash Flow	149.86M	181.13M	177.27M	209.31M	190.87M	225.81M
Investing Cash Flow	-22.58M	-120.19M	-174.91M	-190.59M	-100.31M	18.29M
Financing Cash Flow	-40.04M	-32.30M	46.79M	-28.63M	-109.34M	-288.19M

Brandywine Realty Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.85
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BDN, the sentiment is Negative. The current price of 3.85 is above the 20-day moving average (MA) of 3.65, below the 50-day MA of 4.00, and below the 200-day MA of 4.09, indicating a bearish trend. The MACD of -0.16 indicates Positive momentum. The RSI at 27.32 is Positive, neither overbought nor oversold. The STOCH value of 9.84 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BDN.

Brandywine Realty Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	―	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
DEA	―	$989.02M	70.70	1.00%	9.94%	11.02%	-30.91%
PDM	―	$1.00B	―	-4.45%	6.20%	-1.23%	9.10%
CIO	―	$278.51M	―	-17.53%	5.80%	-3.69%	-777.30%
HPP	―	$925.66M	-0.86	-12.35%	―	-9.68%	-69.03%
BDN	―	$585.36M	-3.13	-19.17%	15.45%	-5.52%	40.27%
FSP	―	$127.54M	-2.76	-7.21%	3.33%	-14.68%	-13.53%

Brandywine Realty Corporate Events

Brandywine Realty Trust Reports Q3 2025 Earnings

Brandywine Realty Trust is a publicly traded real estate investment trust (REIT) that focuses on owning, developing, leasing, and managing properties in urban, town center, and transit-oriented locations, primarily in Philadelphia, PA, and Austin, TX.

Brandywine Realty Completes $300 Million Notes Offering

On October 3, 2025, Brandywine Operating Partnership, L.P., a subsidiary of Brandywine Realty Trust, completed a $300 million offering of 6.125% guaranteed notes due in 2031. The net proceeds of approximately $296.3 million will be used to repay consolidated secured debt and for general corporate purposes, potentially impacting the company’s financial flexibility and debt management strategy.

The most recent analyst rating on (BDN) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on Brandywine Realty stock, see the BDN Stock Forecast page.

Brandywine Realty Announces $300M Public Offering

On September 29, 2025, Brandywine Realty Trust announced that its operating partnership priced a public offering of $300 million in 6.125% guaranteed notes due 2031. The proceeds, expected to be approximately $296.3 million after expenses, will be used to repay consolidated secured debt and for general corporate purposes, impacting the company’s financial strategy and stakeholder interests.

The most recent analyst rating on (BDN) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on Brandywine Realty stock, see the BDN Stock Forecast page.

Brandywine Realty Trust’s Earnings Call: Growth Amid Challenges

Brandywine Realty Trust’s recent earnings call painted a picture of both progress and hurdles. The company showcased significant growth in leasing activity and exceeded sales expectations, underscoring its strong market positioning and effective liquidity management. However, the discussion also revealed a substantial net loss due to impairments, a high dividend payout ratio, and anticipated negative absorption in the upcoming quarter. The sentiment remains balanced as Brandywine navigates these mixed developments in its business landscape.

Brandywine Realty Trust Reports Q2 2025 Results

Brandywine Realty Trust is a publicly traded real estate investment trust (REIT) focused on owning, developing, leasing, and managing properties, primarily in Philadelphia, PA, and Austin, TX, with a portfolio comprising 122 properties and 19.0 million square feet as of June 30, 2025.