Bridgewater Bancshares (BWB) Stock Price, News & Analysis

Company Overview

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. It offers commercial loans to sole proprietorships, partnerships, corporations, and other business enterprises to finance working capital, capital investment, or for other business related purposes; paycheck protection program loans; construction and land development loans; 1-4 family mortgage loans; multifamily lending products; owner and non-owner occupied commercial real estate loans; and consumer and other loans. In addition, the company online, mobile, and direct banking services. Bridgewater Bancshares, Inc. was incorporated in 2005 and is headquartered in Saint Louis Park, Minnesota.

Key Stats

• Today's Range: $14.90 to $15.16
• 50-Day Range: $13.56 to $15.62
• 52-Week Range: $10.18 to $16.00
• Volume: 45,412 shs
• Average Volume: 53,778 shs
• Market Capitalization: $414.19 million
• P/E Ratio: 14.38
• Dividend Yield: N/A
• Price Target: $17.00
• Consensus Rating: Buy

Bridgewater Bancshares Stock Analysis - MarketRank™

Bridgewater Bancshares scored higher than 96% of companies evaluated by MarketBeat, and ranked 54th out of 916 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Bridgewater Bancshares has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Bridgewater Bancshares has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 27.55%

Earnings Growth

Earnings for Bridgewater Bancshares are expected to grow by 27.55% in the coming year, from $0.98 to $1.25 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Bridgewater Bancshares is 14.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of Bridgewater Bancshares is 14.33, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.52.

Price to Book Value per Share Ratio

Bridgewater Bancshares has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.84% of the float of Bridgewater Bancshares has been sold short.

Short Interest Ratio / Days to Cover

Bridgewater Bancshares has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Bridgewater Bancshares has recently increased by 16.43%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Bridgewater Bancshares does not currently pay a dividend.

Dividend Growth

Bridgewater Bancshares does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.2 / 5
• Environmental Score: -0.38

Percentage of Shares Shorted

0.84% of the float of Bridgewater Bancshares has been sold short.

Short Interest Ratio / Days to Cover

Bridgewater Bancshares has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Bridgewater Bancshares has recently increased by 16.43%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.06

News Sentiment

Bridgewater Bancshares has a news sentiment score of 1.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Bridgewater Bancshares this week, compared to 1 article on an average week.

Company Ownership

• Score: 5.0 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Bridgewater Bancshares insiders have sold 8,523.31% more of their company's stock than they have bought. Specifically, they have bought $6,897.00 in company stock and sold $594,750.00 in company stock.

Percentage Held by Insiders

23.21% of the stock of Bridgewater Bancshares is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

65.83% of the stock of Bridgewater Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BWB Stock Analysis - Frequently Asked Questions

How have BWB shares performed this year?

Bridgewater Bancshares' stock was trading at $13.52 at the beginning of 2024. Since then, BWB stock has increased by 11.3% and is now trading at $15.05.
View the best growth stocks for 2024 here.

How were Bridgewater Bancshares' earnings last quarter?

Bridgewater Bancshares, Inc. (NASDAQ:BWB) posted its quarterly earnings results on Wednesday, July, 24th. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.24 by $0.02. The firm earned $62.64 million during the quarter, compared to analyst estimates of $26.60 million. Bridgewater Bancshares had a net margin of 13.54% and a trailing twelve-month return on equity of 9.02%.

When did Bridgewater Bancshares IPO?

Bridgewater Bancshares (BWB) raised $77 million in an initial public offering on Wednesday, March 14th 2018. The company issued 6,700,000 shares at a price of $10.50-$12.50 per share. Sandler O'Neill & Partners and D.A. Davidson acted as the underwriters for the IPO.

Who are Bridgewater Bancshares' major shareholders?

Top institutional shareholders of Bridgewater Bancshares include Thrivent Financial for Lutherans (9.98%), Geode Capital Management LLC (1.64%), State Street Corp (1.64%) and Tradition Wealth Management LLC (1.33%). Insiders that own company stock include David B Juran, Jerry J Baack, Nicholas L Place, Thomas P Trutna, Joseph M Chybowski, James S Johnson, Lisa M Salazar, Lisa Brezonik, Mary Jayne Crocker, Douglas J Parish and Mohammed Lawal.
View institutional ownership trends.

How do I buy shares of Bridgewater Bancshares?

Shares of BWB 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.

What other stocks do shareholders of Bridgewater Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Bridgewater Bancshares investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), TotalEnergies (TTE) and Southern First Bancshares (SFST).

Company Calendar

• Last Earnings: 7/24/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/22/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:BWB
• CUSIP: N/A
• CIK: 1341317
• Web: www.bridgewaterbankmn.com
• Phone: (952) 893-6868
• Fax: N/A
• Employees: 250
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $17.00
• High Stock Price Target: $17.00
• Low Stock Price Target: $17.00
• Potential Upside/Downside: +14.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.05
• Trailing P/E Ratio: 14.13
• Forward P/E Ratio: 15.14
• P/E Growth: N/A
• Net Income: $39.96 million
• Net Margins: 13.54%
• Pretax Margin: 17.57%
• Return on Equity: 9.02%
• Return on Assets: 0.72%

Debt

• Debt-to-Equity Ratio: 1.11
• Current Ratio: 1.02
• Quick Ratio: 1.02

Sales & Book Value

• Annual Sales: $106.78 million
• Price / Sales: 3.81
• Cash Flow: $1.56 per share
• Price / Cash Flow: 9.50
• Book Value: $12.94 per share
• Price / Book: 1.15

Miscellaneous

• Outstanding Shares: 27,426,000
• Free Float: 21,060,000
• Market Cap: $407.00 million
• Optionable: Optionable
• Beta: 0.67