DA Davidson Issues Optimistic Estimate for BWB Earnings

Bridgewater Bancshares, Inc. (NASDAQ:BWB - Free Report) - Analysts at DA Davidson increased their Q1 2025 earnings per share estimates for shares of Bridgewater Bancshares in a note issued to investors on Friday, January 31st. DA Davidson analyst J. Rulis now forecasts that the company will post earnings of $0.29 per share for the quarter, up from their prior forecast of $0.24. DA Davidson has a "Buy" rating and a $18.00 price objective on the stock. The consensus estimate for Bridgewater Bancshares' current full-year earnings is $1.24 per share.

Bridgewater Bancshares (NASDAQ:BWB - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.04. Bridgewater Bancshares had a net margin of 12.96% and a return on equity of 8.85%.

Separately, Piper Sandler dropped their target price on Bridgewater Bancshares from $18.00 to $17.00 and set an "overweight" rating for the company in a report on Friday, January 31st.

Bridgewater Bancshares Price Performance

BWB stock traded up $0.51 during mid-day trading on Monday, hitting $15.12. 162,819 shares of the stock were exchanged, compared to its average volume of 61,705. The business has a fifty day moving average price of $13.99 and a 200 day moving average price of $14.12. 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 current ratio of 1.02 and a quick ratio of 1.02. The stock has a market capitalization of $414.74 million, a price-to-earnings ratio of 14.68 and a beta of 0.68.

Insider Activity

In related news, Director Douglas J. Parish sold 5,750 shares of the stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $15.05, for a total value of $86,537.50. Following the completion of the transaction, the director now directly owns 1,636 shares of the company's stock, valued at $24,621.80. This represents a 77.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Joseph M. Chybowski sold 3,000 shares of the firm's stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $15.51, for a total transaction of $46,530.00. Following the completion of the sale, the chief financial officer now owns 98,416 shares of the company's stock, valued at $1,526,432.16. This trade represents a 2.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,455 shares of company stock valued at $203,643. Insiders own 23.21% of the company's stock.

Institutional Trading of Bridgewater Bancshares

Hedge funds and other institutional investors have recently modified their holdings of the business. Foundry Partners LLC raised its stake in Bridgewater Bancshares by 111.7% during the third quarter. Foundry Partners LLC now owns 167,010 shares of the company's stock valued at $2,367,000 after buying an additional 88,110 shares during the last quarter. Stieven Capital Advisors L.P. increased its holdings in shares of Bridgewater Bancshares by 56.1% during the fourth quarter. Stieven Capital Advisors L.P. now owns 239,989 shares of the company's stock valued at $3,242,000 after acquiring an additional 86,200 shares in the last quarter. Assenagon Asset Management S.A. boosted its stake in Bridgewater Bancshares by 121.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 70,025 shares of the company's stock worth $992,000 after purchasing an additional 38,461 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Bridgewater Bancshares by 4.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 789,993 shares of the company's stock worth $9,171,000 after purchasing an additional 37,090 shares in the last quarter. Finally, Barclays PLC grew its position in Bridgewater Bancshares by 283.4% during the 3rd quarter. Barclays PLC now owns 25,997 shares of the company's stock valued at $369,000 after purchasing an additional 19,217 shares during the last quarter. 65.83% of the stock is owned by hedge funds and other institutional investors.

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.