BDN · Brandywine Realty Trust
Price & Indicators
Up next
AI Brief
TL;DR.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Core Portfolio leased | 90.6% | Second Quarter 2026 | — |
|
|
|||
| Core Portfolio occupied | 89.1% | Second Quarter 2026 | — |
|
|
|||
| Core Portfolio Properties | 57 | As of June 30, 2026 | — |
| Core Portfolio square footage | 10.8M | As of June 30, 2026 | — |
| FFO payout ratio (distributions paid per common share/FFO per diluted share) | 62% | Three Months Ended June 30, 2026 | — |
| FFO per diluted share non-GAAP | $0.24 | Six months ended June 30, 2026 | — |
|
|
|||
GAAP → non-GAAP reconciliationGAAP Loss per share allocated to common shareholders -$0.45
+$1.19 real estate depreciation, amortization
-$0.28 real estate gains and losses, net
+$0.07 real estate impairments
= FFO per diluted share $0.53
|
|||
| Funds from operations non-GAAP | $44.39M | Six Months Ended June 30, 2026 | — |
| Funds from Operations (FFO) non-GAAP | $43.6M | Six months ended June 30, 2026 | — |
| Funds from operations available to common share and unit holders (FFO) non-GAAP | $43.59M | Six Months Ended June 30, 2026 | — |
|
|
|||
| New and Renewal Leases Signed | 254,000 | Second Quarter 2026 | — |
| New and Renewal Leases Signed (including unconsolidated joint ventures) | 353,000 | Second Quarter 2026 | — |
|
|
|||
| Number of properties | 112 | as of June 30, 2026 | — |
| Rental Rate Mark-to-Market (accrual basis) | 1.5% | Second Quarter 2026 | — |
|
|
|||
| Rental Rate Mark-to-Market (cash basis) | -4.2% | Second Quarter 2026 | — |
| Same Store Net Operating Income (accrual basis) | 0.5% | Second Quarter 2026 | — |
| Same Store Net Operating Income (cash basis) | 1.9% | Second Quarter 2026 | — |
| Same store net rentable square feet | 10.4M | Three Months Ended June 30, 2026 | — |
| Same Store NOI Results (accrual basis) | $122.01M | Six Months Ended June 30, 2026 | — |
|
|
|||
| Same Store NOI Results (accrual basis) - percentage change over prior year | 0.4% | Three Months Ended June 30, 2026 | — |
| Same Store NOI Results (cash basis) | $123.62M | Six Months Ended June 30, 2026 | — |
|
|
|||
| Same Store NOI Results (cash basis) - percentage change over prior year | 2.2% | Six Months Ended June 30, 2026 | — |
| Same store properties | 55 | Second Quarter 2026 | — |
| Same store properties count | 55 | Three Months Ended June 30, 2026 | — |
|
|
|||
| Same Store Properties occupied | 89% | As of June 30, 2026 | — |
|
|
|||
| Square feet | 19.2M | as of June 30, 2026 | — |
| Tenant Retention Ratio | 85% | Second Quarter 2026 | — |
|
|
|||
| Leases scheduled to commence subsequent to March 31, 2026 | 182,000 | first quarter 2026 | — |
| New and renewal leases signed (wholly owned) | 268,000 | first quarter 2026 | — |
|
|
|||
| Core portfolio properties count | 60 | Q4 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
REIT - Office — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
BDN
this stock
Brandywine Realty Trust
|
$559.35M | +6.2% | -4.2% | — | 7.1% |
|
BXP
BXP, Inc.
|
$11.28B | +3.7% | +2.2% | 38.0 | 6.5% |
|
ARE
Alexandria Real Estate Equities, Inc.
|
$9.23B | +6.8% | -2.9% | — | 3.9% |
|
VNO
Vornado Realty Trust
|
$7.27B | +16.3% | +1.3% | 1298.3 | 5.0% |
|
CUZ
Cousins Properties Inc
|
$4.85B | +14.4% | +16.0% | 737.3 | 6.4% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| BDN | +2.3% | +1.6% | +1.3% | +2.0% | +6.2% |
| SPY | +1.1% | +4.0% | +14.7% | +3.2% | +13.1% |
| vs SPY | +1.2% | -2.3% | -13.4% | -1.3% | -6.9% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.