BrightSphere Investment Group (BSIG) Stock Price, News & Analysis

Company Overview

BrightSphere Investment Group Inc. is a publically owned asset management holding company. The firm provides its services to individuals and institutions. It manages separate client focused portfolios through its subsidiaries. The firm also launches equity mutual funds for its clients. It invests in public equity, fixed income, and alternative investment markets through its subsidiaries. The firm was founded in 1980 is based Boston, Massachusetts. It was formally known as BrightSphere Investment Group plc. BrightSphere Investment Group Inc. was formed in 1980 and is based in Boston, Massachusetts.

Key Stats

• Today's Range: $26.73 to $27.80
• 50-Day Range: $25.63 to $31.27
• 52-Week Range: $18.09 to $31.52
• Volume: 1.11 million shs
• Average Volume: 255,848 shs
• Market Capitalization: $1.01 billion
• P/E Ratio: 16.37
• Dividend Yield: 0.15%
• Price Target: $30.50
• Consensus Rating: Reduce

BrightSphere Investment Group Stock Analysis - MarketRank™

BrightSphere Investment Group scored higher than 83% of companies evaluated by MarketBeat, and ranked 240th out of 935 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: 1.9 / 5
• Analyst Rating: Reduce

Consensus Rating

BrightSphere Investment Group has received a consensus rating of Reduce. The company's average rating score is 1.75, and is based on no buy ratings, 3 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

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

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 11.97%

Earnings Growth

Earnings for BrightSphere Investment Group are expected to grow by 11.97% in the coming year, from $2.59 to $2.90 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of BrightSphere Investment Group is 16.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of BrightSphere Investment Group is 16.37, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 26.71.

Price to Book Value per Share Ratio

BrightSphere Investment Group has a P/B Ratio of 22.70. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.93% of the float of BrightSphere Investment Group has been sold short.

Short Interest Ratio / Days to Cover

BrightSphere Investment Group has a short interest ratio ("days to cover") of 7.1.

Change versus previous month

Short interest in BrightSphere Investment Group has recently increased by 2.86%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

BrightSphere Investment Group has a dividend yield of 0.14%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of BrightSphere Investment Group is 2.42%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, BrightSphere Investment Group will have a dividend payout ratio of 1.38% next year. This indicates that BrightSphere Investment Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.9 / 5
• Environmental Score: -0.16

Percentage of Shares Shorted

3.93% of the float of BrightSphere Investment Group has been sold short.

Short Interest Ratio / Days to Cover

BrightSphere Investment Group has a short interest ratio ("days to cover") of 7.1.

Change versus previous month

Short interest in BrightSphere Investment Group has recently increased by 2.86%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.42

News Sentiment

BrightSphere Investment Group has a news sentiment score of 0.42. 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 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for BrightSphere Investment Group this week, compared to 2 articles on an average week.

Search Interest

Only 2 people have searched for BSIG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

1 people have added BrightSphere Investment Group to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

27.70% of the stock of BrightSphere Investment Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

98.69% of the stock of BrightSphere Investment Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BSIG Stock Analysis - Frequently Asked Questions

How have BSIG shares performed this year?

BrightSphere Investment Group's stock was trading at $19.16 at the start of the year. Since then, BSIG shares have increased by 41.0% and is now trading at $27.01.
View the best growth stocks for 2024 here.

How were BrightSphere Investment Group's earnings last quarter?

BrightSphere Investment Group Inc. (NYSE:BSIG) announced its quarterly earnings results on Thursday, October, 31st. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.52 by $0.07. The company had revenue of $123.10 million for the quarter, compared to the consensus estimate of $114.95 million. BrightSphere Investment Group had a trailing twelve-month return on equity of 7,606.72% and a net margin of 13.92%.

Who are BrightSphere Investment Group's major shareholders?

BrightSphere Investment Group's top institutional investors include Azora Capital LP (5.44%), State Street Corp (3.52%), Impax Asset Management Group plc (2.96%) and Jennison Associates LLC (2.61%). Insiders that own company stock include Suren Rana and Paulson & Co Inc.
View institutional ownership trends.

How do I buy shares of BrightSphere Investment Group?

Shares of BSIG 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 BrightSphere Investment Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BrightSphere Investment Group investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), ServiceNow (NOW), Advanced Micro Devices (AMD) and Arista Networks (ANET).

Company Calendar

• Ex-Dividend for 9/27 Dividend: 9/13/2024
• Dividend Payable: 9/27/2024
• Last Earnings: 10/31/2024
• Ex-Dividend for 12/27 Dividend: 12/13/2024
• Today: 12/21/2024
• Dividend Payable: 12/27/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Investment advice
• Sub-Industry: Trading
• Current Symbol: NYSE:BSIG
• CUSIP: N/A
• CIK: 1748824
• Web: www.bsig.com
• Phone: (617) 369-7300
• Fax: N/A
• Employees: 350
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $30.50
• High Stock Price Target: $33.00
• Low Stock Price Target: $25.00
• Potential Upside/Downside: +12.9%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.65
• Trailing P/E Ratio: 16.37
• Forward P/E Ratio: 10.43
• P/E Growth: N/A
• Net Income: $65.80 million
• Net Margins: 13.92%
• Pretax Margin: 21.79%
• Return on Equity: 7,606.72%
• Return on Assets: 15.93%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.68
• Quick Ratio: 0.68

Sales & Book Value

• Annual Sales: $469 million
• Price / Sales: 2.15
• Cash Flow: $2.01 per share
• Price / Cash Flow: 13.44
• Book Value: $1.19 per share
• Price / Book: 22.70

Miscellaneous

• Outstanding Shares: 37,318,000
• Free Float: 26,981,000
• Market Cap: $1.01 billion
• Optionable: Optionable
• Beta: 1.45