What is DA Davidson's Estimate for BWB FY2025 Earnings?

Bridgewater Bancshares, Inc. (NASDAQ:BWB - Free Report) - DA Davidson cut their FY2025 EPS estimates for shares of Bridgewater Bancshares in a research report issued on Thursday, December 19th. DA Davidson analyst J. Rulis now forecasts that the company will post earnings of $1.17 per share for the year, down from their previous estimate of $1.20. The consensus estimate for Bridgewater Bancshares' current full-year earnings is $0.98 per share.

Bridgewater Bancshares Stock Performance

NASDAQ BWB traded down $0.04 on Friday, reaching $13.83. The stock had a trading volume of 320,723 shares, compared to its average volume of 57,632. The business's 50-day moving average price is $14.96 and its 200 day moving average price is $13.63. The stock has a market cap of $379.30 million, a P/E ratio of 13.17 and a beta of 0.67. Bridgewater Bancshares has a 12-month low of $10.52 and a 12-month high of $16.00. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.02 and a current ratio of 1.02.

Institutional Trading of Bridgewater Bancshares

Hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP increased its stake in shares of Bridgewater Bancshares by 4.9% during the second quarter. Dimensional Fund Advisors LP now owns 789,993 shares of the company's stock worth $9,171,000 after acquiring an additional 37,090 shares during the period. State Street Corp raised its stake in shares of Bridgewater Bancshares by 1.1% during the 3rd quarter. State Street Corp now owns 449,345 shares of the company's stock worth $6,367,000 after buying an additional 4,874 shares in the last quarter. Acadian Asset Management LLC lifted its holdings in shares of Bridgewater Bancshares by 18.3% in the 2nd quarter. Acadian Asset Management LLC now owns 342,197 shares of the company's stock valued at $3,972,000 after buying an additional 53,024 shares during the period. American Century Companies Inc. boosted its stake in shares of Bridgewater Bancshares by 1.6% in the second quarter. American Century Companies Inc. now owns 284,904 shares of the company's stock valued at $3,308,000 after buying an additional 4,450 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC grew its holdings in Bridgewater Bancshares by 0.8% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 272,799 shares of the company's stock worth $3,866,000 after acquiring an additional 2,170 shares during the period. Institutional investors and hedge funds own 65.83% of the company's stock.

Insider Buying and Selling

In other Bridgewater Bancshares news, CFO Joseph M. Chybowski sold 3,000 shares of Bridgewater Bancshares stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $15.51, for a total value of $46,530.00. Following the transaction, the chief financial officer now directly owns 98,416 shares in the company, valued at approximately $1,526,432.16. This trade represents a 2.96 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Thomas P. Trutna sold 2,000 shares of the business's stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $15.13, for a total value of $30,260.00. Following the completion of the transaction, the director now directly owns 100,780 shares in the company, valued at approximately $1,524,801.40. The trade was a 1.95 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 32,046 shares of company stock valued at $478,580 over the last quarter. 23.21% of the stock is currently owned by insiders.

Bridgewater Bancshares Company Profile

Bridgewater Bancshares, Inc operates as the bank holding company for Bridgewater Bank that provides banking products and services to commercial real estate investors, entrepreneurs, business clients, and individuals in the United States. The company provides savings and money market accounts, demand deposits, time and brokered deposits, and interest and noninterest bearing transaction, as well as certificates of deposit.