Brandywine Realty Trust (BDN)
NYSEReal EstateReit - OfficeSnapshot 2026-11-04
$3.17-0.94%
Close 2026-11-05 · 1-day change
NYSEReal EstateReit - OfficeSnapshot 2026-11-04
QuarterlyIQ Insights · BDN
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance recently climbed back into the top half of its industry — confirming the recovery.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -42.8% |
| Our one-year growth estimate | diamond | -6.1% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Usually moved in the opposite direction.
Price observations: 365 days
Most sensitive to the broad stock market and real (inflation-adjusted) rates.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 36.7 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 12 industry peers · Company calendar date is not available
BDN — earnings in line
Dated 2026-10-22
“Results of Operations and Financial Condition,” including the press release attached as an exhibit to this Current Report, is being furnished and shall not be deemed to be “filed” for any purpose, including for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, and shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange…
Why it matters: Keeping tenants helps limit empty space. Third-quarter retention was 50%, below the full-year goal.
Supportive ifFull-year 2026 tenant retention is at least 53% and no more than 54%.
Worry ifFull-year tenant retention is below 53%.
Why it matters: Core FFO was $0.38 per share through the first nine months. The full-year result tests the updated forecast.
Watch forFull-year 2026 Core FFO is at least $0.54 per share and no more than $0.56.
Also watch forFull-year 2026 Core FFO is below $0.54 or above $0.56 per share.
Why it matters: Cash NOI growth supports property income. BDN's third-quarter result was 1.7%, near the top of its goal.
Watch forFull-year 2026 same-store cash NOI growth is between 0% and 2%.
Also watch forFull-year same-store cash NOI growth is below 0% or above 2%.
Why it matters: BDN reported $681 million in sales against a $305 million plan and lower debt. The next report can show whether sales and debt cuts continue.
Supportive ifThe next quarterly report shows more asset sales. It also shows a lower total debt balance than the third-quarter report.
Worry ifThe next quarterly report shows no further asset sales or an increase in combined debt.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$133 on $10,000 · ±1.3% | How much price usually moves either way. |
| Bad day | $344 loss on $10,000 · 3.4% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $2,729 loss on $10,000 · 27.3% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: BDN set a year-end core occupancy goal of 89% to 90%. Reaching it would show leasing progress.
Supportive ifAt year-end 2026, core occupancy is at least 89%, within the 89% to 90% goal.
Worry ifAt year-end 2026, core occupancy is below 89%.