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

Company Overview

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.

Key Stats

• Today's Range: $9.79 to $10.00
• 50-Day Range: $9.03 to $11.18
• 52-Week Range: $6.18 to $11.69
• Volume: 162,005 shs
• Average Volume: 241,042 shs
• Market Capitalization: $1.19 billion
• P/E Ratio: 246.06
• Dividend Yield: 5.28%
• Price Target: $11.00
• Consensus Rating: Hold

Bridge Investment Group Stock Analysis - MarketRank™

Bridge Investment Group scored higher than 74% of companies evaluated by MarketBeat, and ranked 343rd out of 922 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: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Bridge Investment Group has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Bridge Investment Group has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 20.59%

Earnings Growth

Earnings for Bridge Investment Group are expected to grow by 20.59% in the coming year, from $0.68 to $0.82 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Bridge Investment Group is 246.06, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 125.92.

Price to Earnings Ratio vs. Sector

The P/E ratio of Bridge Investment Group is 246.06, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 45.21.

Price to Book Value per Share Ratio

Bridge Investment Group has a P/B Ratio of 2.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.11% of the float of Bridge Investment Group has been sold short.

Short Interest Ratio / Days to Cover

Bridge Investment Group has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Bridge Investment Group has recently decreased by 27.80%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Bridge Investment Group is a leading dividend payer. It pays a dividend yield of 5.21%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Bridge Investment Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Bridge Investment Group is 1,300.33%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Bridge Investment Group will have a dividend payout ratio of 63.41% next year. This indicates that Bridge Investment Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.11% of the float of Bridge Investment Group has been sold short.

Short Interest Ratio / Days to Cover

Bridge Investment Group has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Bridge Investment Group has recently decreased by 27.80%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: N/A

News Sentiment

Bridge Investment Group has a news sentiment score of 0.60. 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 lower news sentiment than the 0.81 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Bridge Investment Group this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for BRDG on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

2 people have added Bridge Investment Group to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Bridge Investment Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

65.90% of the stock of Bridge Investment Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

52.83% of the stock of Bridge Investment Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BRDG Stock Analysis - Frequently Asked Questions

How have BRDG shares performed this year?

Bridge Investment Group's stock was trading at $9.78 at the beginning of the year. Since then, BRDG shares have increased by 0.6% and is now trading at $9.84.
View the best growth stocks for 2024 here.

How were Bridge Investment Group's earnings last quarter?

Bridge Investment Group Holdings Inc. (NYSE:BRDG) posted its quarterly earnings data on Wednesday, November, 6th. The company reported $0.15 EPS for the quarter, missing analysts' consensus estimates of $0.18 by $0.03. The business earned $101.51 million during the quarter, compared to analysts' expectations of $85 million. Bridge Investment Group had a trailing twelve-month return on equity of 9.91% and a net margin of 1.92%.

When did Bridge Investment Group IPO?

Bridge Investment Group (BRDG) raised $300 million in an initial public offering (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?

Top institutional shareholders of Bridge Investment Group include Jennison Associates LLC (2.78%), FMR LLC (1.25%), Royce & Associates LP (0.64%) and Philadelphia Financial Management of San Francisco LLC (0.34%). Insiders that own company stock include Robert Randolph Morse, Jonathan Slager, Dean Allara, Adam O'farrell and Katherine Elsnab.
View institutional ownership trends.

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.

What other stocks do shareholders of Bridge Investment Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Bridge Investment Group investors own include Waste Connections (WCN), AUO (AUOTY), The RMR Group (RMR), American Water Works (AWK), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Ex-Dividend for 9/13 Dividend: 8/30/2024
• Dividend Payable: 9/13/2024
• Last Earnings: 11/06/2024
• Today: 11/22/2024
• Ex-Dividend for 12/20 Dividend: 12/06/2024
• Dividend Payable: 12/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/19/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Investment advice
• Sub-Industry: Trading
• Current Symbol: NYSE:BRDG
• CUSIP: N/A
• CIK: 1854401
• Web: www.bridgeig.com
• Phone: 801-716-4500
• Fax: N/A
• Employees: 2,300
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $11.00
• High Stock Price Target: $11.50
• Low Stock Price Target: $10.00
• Potential Upside/Downside: +11.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.04
• Trailing P/E Ratio: 246.06
• Forward P/E Ratio: 14.47
• P/E Growth: N/A
• Net Income: $-6,770,000.00
• Net Margins: 1.92%
• Pretax Margin: 0.27%
• Return on Equity: 9.91%
• Return on Assets: 4.16%

Debt

• Debt-to-Equity Ratio: 0.86
• Current Ratio: 1.14
• Quick Ratio: 1.14

Sales & Book Value

• Annual Sales: $390.65 million
• Price / Sales: 3.05
• Cash Flow: $0.31 per share
• Price / Cash Flow: 31.57
• Book Value: $4.32 per share
• Price / Book: 2.28

Miscellaneous

• Outstanding Shares: 121,080,000
• Free Float: 41,290,000
• Market Cap: $1.19 billion
• Optionable: Not Optionable
• Beta: 1.63