Brandywine Realty Trust (BDN)
NYSEReal EstateReit - OfficeSnapshot 2026-09-04
$3.12+2.30%
Close 2026-09-04 · 1-day change
NYSEReal EstateReit - OfficeSnapshot 2026-09-04
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 sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -59.9% |
| Our one-year growth estimate | diamond | -9.5% |
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 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
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 50.4 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Worth watching into the next print: this name operates in a high-miss-rate industry and is on a run of consecutive earnings misses. A fundamental tilt, not a price call.
Model as of 2026-09-04 · Compared with 16 industry peers
BDN — earnings miss
Dated 2026-07-23
“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: The earnings report will show how the company is doing financially. It may change how investors feel.
Watch forEarnings report shows a profit or meets FFO guidance expectations.
Also watch forEarnings report shows a loss or misses FFO guidance expectations.
Why it matters: A rebound in revenue growth could improve overall sentiment in the real estate sector.
Supportive ifSector revenue growth speeds up to over 4% year over year.
Worry ifSector revenue growth slows down to below 4% year over year.
Why it matters: A notable change could signal shifts in market demand and pricing power.
Watch forRental rates are rising more than 5% based on accrual.
Also watch forRental rates are falling below 0% based on accrual.
Why it matters: Selling the Austin property could greatly change financial results and cash flow.
Watch forQ3 results show a big gain from the July 9 property sale, over $36 million.
Also watch forQ3 results do not reflect the expected gain from the property sale.
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.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$131 on $10,000 · ±1.3% | How much price usually moves either way. |
| Bad day | $352 loss on $10,000 · 3.5% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $4,341 loss on $10,000 · 43.4% | 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: Hitting or beating the FFO guidance shows strong operations. It shows stability too.
Supportive ifQ3 FFO per diluted share meets or exceeds $0.55.
Worry ifQ3 FFO per diluted share falls below $0.53.
Why it matters: Finishing the tender offers will help the company's balance sheet. It will lower debt.
Supportive ifTender offers end well. They accept the highest principal amount.
Worry ifTender offers do not reach the highest principal amount accepted.
Why it matters: Extending the credit facility maturity shows better financial health. Not doing so may cause worries.
Supportive ifNews that the date for the revolving credit facility is extended.
Worry ifNo news on the credit facility extension by the next earnings date.
Why it matters: Finishing these sales helps the 2026 business plan. It also boosts cash flow.
Supportive ifAll remaining asset sales close by the end of Q3 2026.
Worry ifSales fail to close, delaying the $305 million target.
Why it matters: Changes to the dividend may show management's trust in cash flow and financial health.
Watch forManagement maintains the dividend at $0.08 per share in the next quarter.
Also watch forManagement lowers the dividend to below $0.08 per share.
Why it matters: A high retention rate shows strong demand. It also means tenants are happy.
Supportive ifTenant retention rate remains at or above 85% in Q3.
Worry ifTenant retention rate drops below 80%.
Why it matters: Completing the asset sales would show progress on the 2026 business plan. It would also strengthen the company's liquidity position.
Supportive ifAll asset sales close successfully. They reach the $305 million target.
Worry ifAsset sales fail to close or total less than $290 million.
Why it matters: If the company meets this goal, it shows good management. It also means expected cash flow.
Supportive ifFFO per diluted share reported between $0.53 and $0.57.
Worry ifFFO per diluted share reported below $0.53.
Why it matters: The earnings report will show how well the company is doing. It will also show how well the business plan is working.
Watch forThe earnings report shows better results. Occupancy rates are higher. Tenant retention is also up.
Also watch forThe earnings report shows drops in key numbers. FFO and occupancy rates are lower.