Brandywine Realty Trust (BDN)Real Estate | REIT - Office | Philadelphia, United States | NYSE
2.53 USD
-0.14
(-5.243%) ⇩
(Oct. 14, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 8:23 a.m. EDT
The investment case for Brandywine Realty Trust is currently defined by a severe disconnect between its headline-yielding dividend and its deteriorating economic reality. While the stock offers an apparent 11.68% yield, this is a dangerous illusion; the payout ratio sits at a precarious 5.4%, suggesting the company is distributing capital it does not generate, likely eroding its book value. Fundamentally, the business is trapped in a structural decline, having lost 76% of its value over the last nine years with negative earnings and a massive debt load relative to equity. Although recent quarterly earnings beats provide a temporary narrative of stabilization, the multi-year price trajectory confirms that the market views this as a value trap rather than a bargain. On the short end, the heavy concentration of out-of-the-money put open interest suggests traders are betting on continued weakness, keeping the immediate outlook bearish despite the lack of a clear catalyst for a reversal. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.032425 |
| AutoETS | 0.034228 |
| AutoTheta | 0.035270 |
| AutoARIMA | 0.039213 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 49% |
| H-stat | 3.52 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.644 |
| Excess Kurtosis | -0.66 |
| Attribute | Value |
|---|---|
| Sector | Real Estate |
| Ex Dividend Date | 2026-10-07 |
| Last Dividend Date | 2026-10-07 |
| Debt to Equity Ratio | 378.563 |
| Revenue per Share | 2.601 |
| Market Cap | 437,059,648 |
| Forward P/E | -3.95 |
| Beta | 1.28 |
| Profit Margins | -31.53% |
| Website | https://www.brandywinerealty.com |
As of Oct. 10, 2026, 8:23 a.m. EDT: Speculators are heavily positioned for downside protection, with deep in-the-money puts showing massive open interest relative to volume, while call activity remains thin and concentrated at the money. Implied volatility is significantly elevated for put strikes compared to calls, indicating a market pricing in a high probability of further decline rather than a rebound.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 2.92% | 11.37% | 12.07% | 11.88% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-10-08 | 0.08 | 2.919708 |
| 2026-07-08 | 0.08 | 2.605863 |
| 2026-04-02 | 0.08 | 3.112841 |
| 2026-01-07 | 0.08 | 2.730375 |
| 2025-10-09 | 0.08 | 2.139037 |
| 2025-07-02 | 0.15 | 3.640777 |
| 2025-04-03 | 0.15 | 3.740648 |
| 2025-01-08 | 0.15 | 2.912621 |
| 2024-10-09 | 0.15 | 2.697842 |
| 2024-07-03 | 0.15 | 3.401361 |
| 2024-04-03 | 0.15 | 3.448276 |
| 2024-01-03 | 0.15 | 2.873563 |
| 2023-10-03 | 0.15 | 3.846154 |
| 2023-07-05 | 0.19 | 4.212860 |
| 2023-04-04 | 0.19 | 4.398148 |
| 2023-01-04 | 0.19 | 3.069467 |
| 2022-10-05 | 0.19 | 2.927581 |
| 2022-07-05 | 0.19 | 1.981230 |
| 2022-04-05 | 0.19 | 1.440485 |
| 2022-01-04 | 0.19 | 1.322199 |
| 2021-10-05 | 0.19 | 1.407407 |
| 2021-07-06 | 0.19 | 1.385850 |
| 2021-04-06 | 0.19 | 1.476301 |
| 2021-01-05 | 0.19 | 1.685892 |
| 2020-10-06 | 0.19 | 1.775701 |
| 2020-07-07 | 0.19 | 1.855469 |
| 2020-04-06 | 0.19 | 1.948718 |
| 2020-01-07 | 0.19 | 1.228978 |
| 2019-10-02 | 0.19 | 1.302262 |
| 2019-07-03 | 0.19 | 1.305842 |
| 2019-04-03 | 0.19 | 1.191970 |
| 2019-01-07 | 0.19 | 1.430723 |
| 2018-10-03 | 0.18 | 1.187335 |
| 2018-07-05 | 0.18 | 1.053864 |
| 2018-04-03 | 0.18 | 1.161290 |
| 2018-01-08 | 0.18 | 1.027397 |
| 2017-10-03 | 0.16 | 0.908575 |
| 2017-07-05 | 0.16 | 0.931315 |
| 2017-04-03 | 0.16 | 0.990099 |
| 2017-01-09 | 0.16 | 0.987045 |
| 2016-10-03 | 0.16 | 1.047120 |
| 2016-07-01 | 0.16 | 0.966767 |
| 2016-03-31 | 0.15 | 1.069138 |
| 2016-01-04 | 0.15 | 1.109467 |
| 2015-10-01 | 0.15 | 1.231527 |
| 2015-07-01 | 0.15 | 1.122755 |
| 2015-04-01 | 0.15 | 0.950570 |
| 2015-01-02 | 0.15 | 0.944584 |
| 2014-10-02 | 0.15 | 1.073729 |
| 2014-07-02 | 0.15 | 0.979112 |
| 2014-04-01 | 0.15 | 1.046025 |
| 2014-01-02 | 0.15 | 1.089325 |
| 2013-10-02 | 0.15 | 1.146789 |
| 2013-07-02 | 0.15 | 1.102941 |
| 2013-04-03 | 0.15 | 1.019022 |
| 2013-01-02 | 0.15 | 1.231527 |
| 2012-10-03 | 0.15 | 1.228501 |
| 2012-07-02 | 0.15 | 1.236603 |
| 2012-04-03 | 0.15 | 1.318102 |
| 2012-01-03 | 0.15 | 1.583949 |
| 2011-10-03 | 0.15 | 2.086231 |
| 2011-07-01 | 0.15 | 1.282051 |
| 2011-04-01 | 0.15 | 1.241722 |
| 2011-01-04 | 0.15 | 1.293103 |
| 2010-10-01 | 0.15 | 1.240695 |
| 2010-07-01 | 0.15 | 1.403181 |
| 2010-03-31 | 0.15 | 1.228501 |
| 2010-01-04 | 0.15 | 1.334520 |
| 2009-10-01 | 0.10 | 0.943396 |
| 2009-06-30 | 0.10 | 1.342282 |
| 2009-04-01 | 0.10 | 3.436426 |
| 2009-01-02 | 0.30 | 4.184100 |
| 2008-10-01 | 0.44 | 2.890933 |
| 2008-07-01 | 0.44 | 2.818706 |
| 2008-04-02 | 0.44 | 2.574605 |
| 2008-01-02 | 0.44 | 2.531646 |
| 2007-10-03 | 0.44 | 1.760704 |
| 2007-07-02 | 0.44 | 1.544402 |
| 2007-04-02 | 0.44 | 1.335762 |
| 2007-01-03 | 0.44 | 1.347626 |
| 2006-10-03 | 0.44 | 1.345566 |
| 2006-07-03 | 0.44 | 1.388451 |
| 2006-04-03 | 0.42 | 1.368078 |
| 2005-12-30 | 0.02 | 0.071659 |
| 2005-11-16 | 0.44 | 1.669829 |
| 2005-10-03 | 0.44 | 1.481980 |
| 2005-07-01 | 0.44 | 1.442623 |
| 2005-04-04 | 0.44 | 1.600582 |
| 2004-12-29 | 0.44 | 1.487995 |
| 2004-10-01 | 0.44 | 1.524601 |
| 2004-07-01 | 0.44 | 1.643017 |
| 2004-04-02 | 0.44 | 1.452145 |
| 2003-12-29 | 0.44 | 1.600000 |
| 2003-10-02 | 0.44 | 1.725490 |
| 2003-07-02 | 0.44 | 1.784990 |
| 2003-04-02 | 0.44 | 2.045560 |
| 2002-12-27 | 0.44 | 2.104256 |
| 2002-10-02 | 0.44 | 2.027650 |
| 2002-07-02 | 0.44 | 1.784990 |
| 2002-04-02 | 0.44 | 1.873935 |
| 2001-12-27 | 0.44 | 2.075472 |
| 2001-10-03 | 0.44 | 2.191235 |
| 2001-07-03 | 0.41 | 1.834452 |
| 2001-04-03 | 0.41 | 2.160169 |
| 2000-10-04 | 0.41 | 2.122977 |
| 2000-07-05 | 0.40 | 2.051282 |
| 2000-04-03 | 0.40 | 2.379182 |
| 1999-12-28 | 0.40 | 2.490272 |
| 1999-09-28 | 0.39 | 2.319703 |
| 1999-06-28 | 0.39 | 2.012903 |
| 1999-03-26 | 0.39 | 2.400000 |
| 1998-12-23 | 0.39 | 2.189474 |
| 1998-09-24 | 0.38 | 1.948718 |
| 1998-06-18 | 0.38 | 1.757225 |
| 1998-03-25 | 0.37 | 1.600000 |
| 1997-12-11 | 0.37 | 1.525773 |
| 1997-09-05 | 0.36 | 1.669565 |
| 1997-06-26 | 0.36 | 1.777778 |
| 1997-04-11 | 0.35 | 1.783439 |
| 1996-12-26 | 0.13 | 0.675325 |
| 1996-11-06 | 0.21 | 1.272727 |
| 1996-07-24 | 0.18 | 1.043478 |
| 1996-05-08 | 0.18 | 0.950495 |
| 1996-01-24 | 0.15 | 1.333333 |
| 1995-10-24 | 0.15 | 1.333333 |
| 1995-07-24 | 0.15 | 1.355932 |
| 1995-05-05 | 0.12 | 1.049180 |
| 1995-01-18 | 0.21 | 1.806452 |
| 1994-10-18 | 0.15 | 1.230769 |
| 1994-08-26 | 0.63 | 3.906977 |
| 1994-08-12 | 1.56 | 9.674419 |
| 1994-06-30 | 0.15 | 1.290323 |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.31436312 |
| Address1 | 2,929 Arch Street |
| Address2 | Suite 1800 |
| All Time High | 37.05 |
| All Time Low | 0.9375 |
| Ask | 3.12 |
| Ask Size | 23,600 |
| Audit Risk | 1 |
| Average Analyst Rating | 3.6 - Underperform |
| Average Daily Volume10 Day | 1,790,540 |
| Average Daily Volume3 Month | 1,894,370 |
| Average Volume | 1,894,370 |
| Average Volume10Days | 1,790,540 |
| Beta | 1.28 |
| Bid | 2.5 |
| Bid Size | 28,100 |
| Board Risk | 3 |
| Book Value | 3.958 |
| City | Philadelphia |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 4 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 2.53 |
| Current Ratio | 2.921 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 2.67 |
| Day Low | 2.53 |
| Debt To Equity | 378.563 |
| Dividend Date | 1,792,627,200 |
| Dividend Yield | 11.99 |
| Earnings Call Timestamp End | 1,792,699,200 |
| Earnings Call Timestamp Start | 1,792,699,200 |
| Earnings Timestamp | 1,792,612,800 |
| Earnings Timestamp End | 1,792,612,800 |
| Earnings Timestamp Start | 1,792,612,800 |
| Ebitda | 196,535,008 |
| Ebitda Margins | 0.43453 |
| Enterprise To Ebitda | 15.48 |
| Enterprise To Revenue | 6.726 |
| Enterprise Value | 3,042,294,528 |
| Eps Forward | -0.64 |
| Eps Trailing Twelve Months | -0.78 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,791,417,600 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 610 325 5622 |
| Fifty Day Average | 2.9616 |
| Fifty Day Average Change | -0.4316001 |
| Fifty Day Average Change Percent | -0.14573206 |
| Fifty Two Week Change Percent | -31.436312 |
| Fifty Two Week High | 3.89 |
| Fifty Two Week High Change | -1.3600001 |
| Fifty Two Week High Change Percent | -0.3496144 |
| Fifty Two Week Low | 2.47 |
| Fifty Two Week Low Change | 0.059999943 |
| Fifty Two Week Low Change Percent | 0.024291474 |
| Fifty Two Week Range | 2.47 - 3.89 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 522,595,800,000 |
| Five Year Avg Dividend Yield | 11.22 |
| Float Shares | 166,591,750 |
| Forward Eps | -0.64 |
| Forward P E | -3.953125 |
| Free Cashflow | -25,007,876 |
| Full Exchange Name | NYSE |
| Full Time Employees | 268 |
| Fullday Change | -0.01999998 |
| Fullday Change Percent | -0.7434937 |
| Fullday Price | 2.53 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.56493 |
| Gross Profits | 255,516,992 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.04526 |
| Held Percent Institutions | 0.81373 |
| Implied Shares Outstanding | 172,750,844 |
| Industry | REIT - Office |
| Industry Disp | REIT - Office |
| Industry Key | reit-office |
| Ir Website | http://investor.brandywinerealty.com/corporateprofile.aspx?iid=103209 |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,791,417,600 |
| Last Dividend Value | 0.08 |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 848,966,400 |
| Last Split Factor | 1:3 |
| Long Business Summary | Brandywine Realty Trust is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in Philadelphia, PA and Austin, TX. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 112 properties and 19.2 million square feet as of June 30, 2026. Their purpose is to shape, connect and inspire the world around us through their expertise, the relationships they foster, the communities in which they live and work, and the history build together. Brandywine Realty Trust was incorporated in 1986 in Maryland and based in Philadelphia, Pennsylvania. |
| Long Name | Brandywine Realty Trust |
| Market | us_market |
| Market Cap | 437,059,648 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_285663 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -143,650,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 501,102,843 |
| Number Of Analyst Opinions | 3 |
| Open | 2.65 |
| Operating Cashflow | 121,818,000 |
| Operating Margins | 0.08834 |
| Overall Risk | 1 |
| Payout Ratio | 5.4286 |
| Peg Ratio | 1.97 |
| Phone | 610 325 5600 |
| Previous Close | 2.67 |
| Price Hint | 4 |
| Price To Book | 0.6392117 |
| Price To Sales Trailing12 Months | 0.9663112 |
| Profit Margins | -0.31529 |
| Quick Ratio | 1.441 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | underperform |
| Recommendation Mean | 3.6 |
| Region | US |
| Regular Market Change | -0.14 |
| Regular Market Change Percent | -5.24345 |
| Regular Market Day High | 2.67 |
| Regular Market Day Low | 2.53 |
| Regular Market Day Range | 2.53 - 2.67 |
| Regular Market Open | 2.65 |
| Regular Market Previous Close | 2.67 |
| Regular Market Price | 2.53 |
| Regular Market Time | 1,792,008,002 |
| Regular Market Volume | 1,671,088 |
| Return On Assets | 0.00602 |
| Return On Equity | -0.18115 |
| Revenue Growth | 0.141 |
| Revenue Per Share | 2.601 |
| Sand P52 Week Change | 0.1570785 |
| Sector | Real Estate |
| Sector Disp | Real Estate |
| Sector Key | real-estate |
| Share Holder Rights Risk | 1 |
| Shares Outstanding | 172,235,249 |
| Shares Percent Shares Out | 0.0626 |
| Shares Short | 10,777,383 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 11,509,373 |
| Short Name | Brandywine Realty Trust |
| Short Percent Of Float | 0.0732 |
| Short Ratio | 5.82 |
| Source Interval | 15 |
| State | PA |
| Symbol | BDN |
| Target High Price | 3.5 |
| Target Low Price | 2.5 |
| Target Mean Price | 3.0 |
| Target Median Price | 3.0 |
| Total Cash | 38,526,000 |
| Total Cash Per Share | 0.221 |
| Total Debt | 2,634,423,040 |
| Total Revenue | 452,296,992 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.32 |
| Trailing Annual Dividend Yield | 0.11985018 |
| Trailing Eps | -0.78 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 3.00275 |
| Two Hundred Day Average Change | -0.47274995 |
| Two Hundred Day Average Change Percent | -0.15743901 |
| Type Disp | Equity |
| Volume | 1,671,088 |
| Website | https://www.brandywinerealty.com |
| Zip | 19,104-5054 |