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NYSE:BRDG

Bridge Investment Group (BRDG) Stock Price, News & Analysis

$7.74
+0.02 (+0.26%)
(As of 05/31/2024 ET)
Today's Range
$7.65
$7.86
50-Day Range
$6.33
$7.99
52-Week Range
$6.18
$13.07
Volume
190,125 shs
Average Volume
187,211 shs
Market Capitalization
$936.46 million
P/E Ratio
N/A
Dividend Yield
3.62%
Price Target
$10.20

Bridge Investment Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
31.8% Upside
$10.20 Price Target
Short Interest
Healthy
0.74% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.79mentions of Bridge Investment Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
41.77%
From $0.79 to $1.12 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.17 out of 5 stars

Finance Sector

272nd out of 883 stocks

Investment Advice Industry

20th out of 49 stocks

BRDG stock logo

About Bridge Investment Group Stock (NYSE:BRDG)

Bridge Investment Group Holdings Inc. engages in the real estate investment management business in the United States. It manages capital on behalf of approximately hundred global institutions and 6,500 individual investors across approximately 25 investment vehicles. The company was founded in 2009 and is headquartered in Salt Lake City, Utah.

BRDG Stock Price History

BRDG Stock News Headlines

Bridge Investment Group A earnings preview: what to expect
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Company Calendar

Ex-Dividend for 3/22 Dividend
3/07/2024
Dividend Payable
3/22/2024
Last Earnings
5/08/2024
Ex-Dividend for 6/14 Dividend
5/31/2024
Today
6/02/2024
Dividend Payable
6/14/2024
Next Earnings (Estimated)
8/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
N/A
Fax
N/A
Employees
2,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.20
High Stock Price Target
$12.00
Low Stock Price Target
$6.50
Potential Upside/Downside
+31.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$-6,770,000.00
Pretax Margin
-14.09%

Debt

Sales & Book Value

Annual Sales
$390.65 million
Cash Flow
$0.31 per share
Book Value
$4.17 per share

Miscellaneous

Free Float
41,256,000
Market Cap
$936.46 million
Optionable
Not Optionable
Beta
1.59
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Key Executives

  • Mr. Robert Randolph Morse (Age 69)
    Executive Chairman
    Comp: $3.02M
  • Mr. Jonathan Peter Slager (Age 64)
    CEO & Director
    Comp: $1.8M
  • Mr. Adam Bernard O'Farrell (Age 51)
    COO & Director
    Comp: $1.62M
  • Ms. Katherine Elsnab (Age 43)
    Chief Financial Officer
  • Mr. Garrett Behling (Age 42)
    MD, Chief Accounting Officer, Principal Accounting Officer & Corporate Controller
  • Mr. Scott Cardenas
    MD & CTO
  • Charlotte Morse
    Managing Director of Investor Relations & Marketing
  • Mr. Jared Kent Forsgren
    MD & Chief Compliance Officer
  • Mr. Matthew Grant
    Senior MD, General Counsel & Secretary
  • Ms. Pipier Bewlay
    Managing Director of Human Resources

BRDG Stock Analysis - Frequently Asked Questions

Should I buy or sell Bridge Investment Group stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bridge Investment Group in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BRDG shares.
View BRDG analyst ratings
or view top-rated stocks.

What is Bridge Investment Group's stock price target for 2024?

5 Wall Street research analysts have issued 12-month target prices for Bridge Investment Group's shares. Their BRDG share price targets range from $6.50 to $12.00. On average, they expect the company's share price to reach $10.20 in the next twelve months. This suggests a possible upside of 31.8% from the stock's current price.
View analysts price targets for BRDG
or view top-rated stocks among Wall Street analysts.

How have BRDG shares performed in 2024?

Bridge Investment Group's stock was trading at $9.78 on January 1st, 2024. Since then, BRDG stock has decreased by 20.9% and is now trading at $7.74.
View the best growth stocks for 2024 here
.

Are investors shorting Bridge Investment Group?

Bridge Investment Group saw a drop in short interest in May. As of May 15th, there was short interest totaling 270,400 shares, a drop of 33.7% from the April 30th total of 407,700 shares. Based on an average daily volume of 277,900 shares, the short-interest ratio is presently 1.0 days. Currently, 0.7% of the company's stock are sold short.
View Bridge Investment Group's Short Interest
.

When is Bridge Investment Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024.
View our BRDG earnings forecast
.

How were Bridge Investment Group's earnings last quarter?

Bridge Investment Group Holdings Inc. (NYSE:BRDG) announced its earnings results on Wednesday, May, 8th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.01. The business earned $79.35 million during the quarter, compared to the consensus estimate of $76.31 million. Bridge Investment Group had a net margin of 0.25% and a trailing twelve-month return on equity of 10.23%.

How often does Bridge Investment Group pay dividends? What is the dividend yield for Bridge Investment Group?

Bridge Investment Group announced a quarterly dividend on Wednesday, May 8th. Shareholders of record on Friday, May 31st will be given a dividend of $0.12 per share on Friday, June 14th. This represents a $0.48 annualized dividend and a dividend yield of 6.20%. The ex-dividend date is Friday, May 31st. This is an increase from the stock's previous quarterly dividend of $0.07.
Read our dividend analysis for BRDG
.

Is Bridge Investment Group a good dividend stock?

Bridge Investment Group (NYSE:BRDG) pays an annual dividend of $0.28 per share and currently has a dividend yield of 3.57%.
Read our dividend analysis for BRDG.

When did Bridge Investment Group IPO?

Bridge Investment Group (BRDG) raised $300 million in an IPO on Friday, July 16th 2021. The company issued 18,750,000 shares at $15.00-$17.00 per share.

Who are Bridge Investment Group's major shareholders?

Bridge Investment Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Jennison Associates LLC (2.69%), Vanguard Group Inc. (2.13%), Lord Abbett & CO. LLC (0.71%), Thornburg Investment Management Inc. (0.65%), 1832 Asset Management L.P. (0.12%) and Janney Montgomery Scott LLC (0.05%).

How do I buy shares of Bridge Investment Group?

Shares of BRDG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BRDG) was last updated on 6/2/2024 by MarketBeat.com Staff

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