Bridge Investment Group (NYSE:BRDG - Get Free Report) is expected to release its Q1 2025 earnings data before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $0.17 per share and revenue of $77.60 million for the quarter.
Bridge Investment Group (NYSE:BRDG - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.08). Bridge Investment Group had a net margin of 1.92% and a return on equity of 9.91%. The firm had revenue of $71.80 million for the quarter, compared to the consensus estimate of $77.60 million. On average, analysts expect Bridge Investment Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Bridge Investment Group Trading Up 7.3%
Shares of NYSE:BRDG traded up $0.68 during midday trading on Monday, reaching $9.99. The company had a trading volume of 429,515 shares, compared to its average volume of 264,146. Bridge Investment Group has a 1-year low of $6.81 and a 1-year high of $11.69. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.14 and a current ratio of 1.14. The firm has a market cap of $1.24 billion, a price-to-earnings ratio of 249.44 and a beta of 1.46. The company has a fifty day simple moving average of $9.25 and a two-hundred day simple moving average of $9.07.
Bridge Investment Group Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were given a dividend of $0.11 per share. The ex-dividend date of this dividend was Friday, March 14th. This is a positive change from Bridge Investment Group's previous quarterly dividend of $0.10. This represents a $0.44 dividend on an annualized basis and a yield of 4.40%. Bridge Investment Group's dividend payout ratio (DPR) is presently -84.62%.
Wall Street Analyst Weigh In
Several analysts recently commented on BRDG shares. UBS Group raised their price target on shares of Bridge Investment Group from $7.50 to $12.00 and gave the stock a "neutral" rating in a report on Wednesday, February 26th. Wells Fargo & Company lowered their price target on shares of Bridge Investment Group from $11.00 to $9.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 8th. Five research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, Bridge Investment Group has an average rating of "Hold" and a consensus target price of $10.40.
Read Our Latest Analysis on BRDG
Bridge Investment Group Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider Bridge Investment Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bridge Investment Group wasn't on the list.
While Bridge Investment Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
