BDN
Hot AirBrandywine Realty Trust · Real Estate · United States · $510M cap · $7.2M/day traded
$3.06 -1.6% · close 12 Nov · scored 13 Nov
Score down 1.2 since 12 Nov.
Hot Air: Strong momentum and nothing else: weak business, rich price.
As of 13 Nov 2026, the MoatMap Score for Brandywine Realty Trust (BDN) is 47/100, ranked against 25,000+ stocks in 38 markets (Quality 25, Value 45, Momentum 71, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT BRANDYWINE REALTY TRUST
Read
Brandywine Realty Trust is a fully integrated real estate investment trust that owns, develops, and manages a premier portfolio of Class A office, mixed-use, and life science properties, primarily in the Philadelphia and Austin metro areas. The company is distinguished by its master-planned, transit-oriented developments, such as the Schuylkill Yards project. This geographic concentration and expertise in complex urban development provide a strong competitive moat in high-barrier-to-entry submarkets.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 506.1M | 514.7M | 505.5M | 484.5M | -1.4% | 460.4M | 503.4M | 467.3M | -1.8% |
| EPS | 0.31 | -1.15 | -1.13 | -1.03 | — | -0.80 | -0.74 | -0.64 | — |
| Shares | 171.6M | 172.1M | 172.7M | 173.7M | +1.2% | 170.0M | — | — | — |
| Debt | 2.0B | 2.2B | 2.2B | 2.6B | 9.1% | 2.4B | — | — | — |
| Equity | 1.6B | 1.3B | 1.0B | 792.7M | -21.3% | — | — | — | — |
| Op CF | 209.3M | 177.3M | 181.1M | 116.7M | -17.7% | 112.9M | — | — | — |
| Inv CF | -190.6M | -174.9M | -120.2M | -206.3M | — | — | — | — | — |
| Fin CF | -28.6M | 46.8M | -32.3M | 55.7M | — | — | — | — | — |
No clear trend: not near its 52-week low, and not in a steady uptrend.
Calmer than 61% of stocks we rank over the past year (volatility 36% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling: It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend: It is near its 52-week high and above its 200-day average.
- No clear trend (this stock): None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of BDN are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| BDN | Brandywine Realty Trust(you) | $510M | 47 |
| HPP | Hudson Pacific Properties, Inc. | $597M | 35 |
| PDM | Piedmont Realty Trust, Inc. | $1.2B | 48 |
| ESBA | Empire State Realty OP, L.P. | $1.3B | 48 |
| NLOP | Net Lease Office Properties | $143M | 50 |
| DEA | Easterly Government Properties, Inc. | $1.1B | 63 |
| PSTL | Postal Realty Trust, Inc. | $872M | 70 |
| ONL | Orion Properties Inc. | $125M | 37 |
| OPI | Office Properties Income Trust | $266M | 18 |
| KRC | Kilroy Realty Corporation | $4.4B | 51 |
Peer medians: ROE 4.3% · P/E 23.9x · Gross margin 65.7%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.