BDN
Brandywine Realty Trust
$3.06
+0.00 (+0.00%)
At close · Jul 10
Market Cap
$531.56M
Shares
173,711,845
Price & Indicators
Indicators
Price
Panels
Event markers
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$3.06
Open$3.09
Day$3.04–3.10
52W$2.47–4.41
Avg vol 30d1.8M
Short int11.9M · 6.9% float · 5.3d
Short vol46%
Last earningsApr 23, 2026
DataJan 2020–Jul 2026
Filing10-Q · May 1
Up next
Next earnings call
Jul 24, 2026
Est · unconfirmed
· in 2 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed May 1, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment advice
Overall
Neutral
SellHoldBuy
Technical
Neutral
Momentum
Weak
Sentiment
Neutral
Fundamentals
Fair
Quant / Vol
High
Market backdrop
VIX 15 · calm
Equity put/call 0.55
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−4%
below
Price vs 50-day avg
−1%
below
RSI (14)
44
neutral
MACD trend
Negative
52-week position
30%
mid-range
Volume (OBV)
Bullish div.
accumulating
Momentum
relative strength
1-month return
−5%
trailing
6-month return
0%
trailing
YTD return
+8%
this year
Relative strength
−9%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $3 › 200d $3 — 200d above 50d
Institutional flow
Accumulating
6 of 229 funds reported for Jun 30 · net +125.1K sh shares · +1 new
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
6.87% of float · ▲ +5.6% MoM · 5.3 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr low
229 holders — near 3-yr low, contrarian setup
Squeeze score
74
high risk · 0–100
Fundamentals
Revenue growth
−4%
Y/Y
Gross margin
62%
contracting
EPS growth
+10%
Y/Y
Balance sheet
$2.5B
net debt
Quant / Vol
risk profile
Volatility
34%
annualized · 1-yr
Max drawdown
−43%
past year
ATR
3.2%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Apr 23, 2026
FFO per diluted share
· 2026
Maintained
$0.52 – $0.58
Guided vs delivered
· last 1 settled
FFO
full year
$-1.14
Miss −221.9%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Neutral
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−4%
Neutral
Price vs 50-day avg
−1%
Neutral
RSI (14)
44
Neutral
MACD trend
Negative
Bearish
52-week position
30%
Neutral
Volume (OBV)
Bullish div.
Bullish
Market signals — smart money & positioning
Mixed
Trend (MA cross)
No cross
50d $3 › 200d $3 — 200d above 50d
Institutional flow
Accumulating
6 of 229 funds reported for Jun 30 · net +125.1K sh shares · +1 new
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
6.87% of float · ▲ +5.6% MoM · 5.3 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr low
229 holders — near 3-yr low, contrarian setup
Price context
position in its 52-week range
52-wk low $2
Now $3 · 30%
52-wk high $4
vs 200-day avg -4%
vs 50-day avg -1%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from its earnings releases, calls, and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Core Portfolio leased | 89.9% | Q1 2026 | — |
|
|
|||
| Core Portfolio occupied | 88.3% | Q1 2026 | — |
|
|
|||
| Leases scheduled to commence subsequent to March 31, 2026 | 182,000 | Q1 2026 | — |
| New and renewal leases signed (including unconsolidated joint ventures) | 422,000 | Q1 2026 | — |
|
|
|||
| New and renewal leases signed (wholly-owned portfolio) | 268,000 | Q1 2026 | — |
| Same store properties count | 59 | Q1 2026 | — |
| Total portfolio square feet | 19.8M | Q1 2026 | — |
| Total properties | 117 | Q1 2026 | — |
| 3025 JFK construction loan repayment (new financing) | $100M | Q2 2026 call | — |
| annualized combined net debt to EBITDA | 9.18 | Q1 2026 call | — |
| annualized core net debt to EBITDA | 8.18 | Q1 2026 call | — |
| Austin occupied | 70% | Q1 2026 call | — |
| available under share repurchase program | $82M | Q1 2026 call | — |
| Cash mark-to-market | -2.6% | Q1 2026 call | — |
| cash on hand | $36M | Q1 2026 call | — |
| cash on hand (quarter end) | $30M | Q1 2026 call | — |
| Commerce Square joint venture leased | 93% | Q1 2026 call | — |
| debt service coverage ratio | 1.7 | Q1 2026 call | — |
| FFO non-GAAP | $20M | Q1 2026 call | — |
| FFO per share non-GAAP | $0.11 | Q1 2026 call | — |
| forward leasing commencing after year-end | 182,000 | Q1 2026 call | — |
| GAAP mark-to-market | 4.1% | Q1 2026 call | — |
| interest coverage ratio | 1.7 | Q1 2026 call | — |
| joint venture portfolio leasing activity | 153,000 | Q1 2026 call | — |
| operating portfolio leasing pipeline in advanced stages | 314,000 | Q1 2026 call | — |
| outstanding on unsecured line of credit | $65M | Q1 2026 call | — |
| outstanding on unsecured line of credit (quarter end) | $65M | Q1 2026 call | — |
| overall combined Philadelphia holdings leased | 95% | Q1 2026 call | — |
| Pennsylvania suburbs leased | 90% | Q1 2026 call | — |
| Philadelphia (CBD and University City) leased | 96% | Q1 2026 call | — |
| Philadelphia (CBD and University City) occupied | 94% | Q1 2026 call | — |
| property-level NOI | $70.2M | Q1 2026 call | — |
| proposal conversion to executed lease (trailing four quarters) | 37% | trailing four quarters call | — |
| same-store results (cash) | 3.3% | Q1 2026 call | — |
| same-store results (GAAP) | 0.8% | Q1 2026 call | — |
| spec revenue target | $400,000 | Q1 2026 call | — |
| speculative revenue target achieved | 94% | Q1 2026 call | — |
| tenant retention | 45% | Q1 2026 call | — |
| total leasing activity | 422,000 | Q1 2026 call | — |
| tour conversion to proposal (trailing four quarters) | 53% | trailing four quarters call | — |
| wholly owned core portfolio leased | 89.9% | Q1 2026 call | — |
| wholly owned core portfolio occupied | 88.3% | Q1 2026 call | — |
| wholly owned portfolio leasing activity | 268,000 | Q1 2026 call | — |
| Core Portfolio Properties | 60 | FY 2025 | — |
| FFO available to common shareholders non-GAAP | $93.4M | FY 2025 | — |
| FFO per diluted share non-GAAP | $0.52 | FY 2025 | — |
| New and Renewal Leases Signed (wholly owned) | 790,000 | FY 2025 | — |
| Rental Rate Mark-to-Market (accrual basis) | 20.9% | Q4 2025 | — |
| Same Store NOI (accrual basis) non-GAAP | 2.4% | Q4 2025 | — |
| Same Store NOI (cash basis) non-GAAP | 3.2% | Q4 2025 | — |
| Tenant Retention Ratio | 64% | FY 2025 | — |
Figures exactly as the company stated them · click a metric with a to chart its history · period links open the stating document · "call" marks figures stated on the earnings call, "filing" figures stated in the 10-K/10-Q · YoY needs the prior-year figure on file
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
|
$531.56M | +7.7% | -4.2% | — | 6.9% |
|
BXP
BXP, Inc.
|
$10.76B | +0.4% | +5.3% | 33.9 | 7.1% |
|
ARE
Alexandria Real Estate Equities, Inc.
|
$8.34B | -0.6% | -2.9% | — | 4.3% |
|
VNO
Vornado Realty Trust
|
$7.28B | +15.2% | +1.3% | 10.6 | 5.7% |
|
CUZ
Cousins Properties Inc
|
$4.98B | +18.8% | +16.0% | — | 7.3% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| BDN | -5.6% | -4.7% | -0.3% | -3.5% | +7.7% |
| SPY | +1.4% | +4.1% | +9.1% | +1.1% | +10.7% |
| vs SPY | -6.9% | -8.7% | -9.4% | -4.6% | -3.1% |
Capital returns
Latest dividend
$0.08
/ share · ex Jul 8, 2026
Paid (TTM)
$0.32
/ share · 4 payouts
Dividend yield (TTM, derived)
10.46%
Buyback program
· as of Dec 31, 2023
Authorized
$0
Spent (derived)
—
Remaining
—
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.