BDN Stock Summary and Trading Ideas (Brandywine Realty Trust | NYSE:BDN)

Brandywine Realty Trust engaged in the acquisition, development, redevelopment, ownership, management, and operation of a portfolio of office, life science/lab, residential, and mixed-use properties. The company owned and managed properties within five segments. The Philadelphia CBD segment includes properties located in the City of Philadelphia in Pennsylvania. The Pennsylvania Suburbs segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs. The Austin, Texas segment includes properties in the City of Austin, Texas. The Metropolitan Washington, D.C. segment includes properties in Northern Virginia, Washington, D.C. and Southern Maryland. The Other segment includes properties in Camden County, New Jersey and New Castle County, Delaware.

Brandywine Realty Trust trades on the NYSE stock market under the symbol BDN.

As of April 24, 2024, BDN stock price declined to $4.51 with 719,722 million shares trading.

BDN has a beta of 1.62, meaning it tends to be more sensitive to market movements. BDN has a correlation of 0.17 to the broad based SPY ETF.

BDN has a market cap of $776.18 million. This is considered a Small Cap stock.

Last quarter Brandywine Realty Trust reported $126 million in Revenue and $.24 earnings per share. This beat revenue expectation by $364,000 and met earnings estimates .

In the last 3 years, BDN stock traded as high as $15.17 and as low as $3.42.

The top ETF exchange traded funds that BDN belongs to (by Net Assets): IJR, VNQ, VTI, VB, IWM.

BDN has outperformed the market in the last year with a price return of +29.4% while the SPY ETF gained +24.3%. However, in the short term, BDN had mixed performance relative to the market. It has underperformed in the last 3 months, returning -8.8% vs +4.6% return in SPY. But in the last 2 weeks, BDN shares have fared better than the market returning -1.7% compared to SPY -2.6%.

BDN support price is $4.45 and resistance is $4.71 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BDN stock will trade within this expected range on the day.