NASDAQ:BWB - Bridgewater Bancshares Stock Price, Forecast & News

Bridgewater Bancshares' stock was trading at $10.38 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BWB stock has decreased by 8.6% and is now trading at $9.49. View which stocks have been mosted impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bridgewater Bancshares in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Bridgewater Bancshares.

Bridgewater Bancshares is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for Bridgewater Bancshares.

Bridgewater Bancshares Inc (NASDAQ:BWB) released its earnings results on Thursday, January, 23rd. The company reported $0.29 EPS for the quarter, topping the Zacks' consensus estimate of $0.26 by $0.03. The firm earned $21.04 million during the quarter, compared to analysts' expectations of $20.06 million. Bridgewater Bancshares had a net margin of 29.18% and a return on equity of 13.34%. View Bridgewater Bancshares' earnings history.

2 analysts have issued twelve-month price objectives for Bridgewater Bancshares' stock. Their forecasts range from $16.00 to $16.00. On average, they expect Bridgewater Bancshares' stock price to reach $16.00 in the next twelve months. This suggests a possible upside of 68.6% from the stock's current price. View analysts' price targets for Bridgewater Bancshares.

News headlines about BWB stock have trended very positive recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Bridgewater Bancshares earned a daily sentiment score of 3.2 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutBridgewater Bancshares.

Bridgewater Bancshares saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 255,800 shares, an increase of 60.1% from the February 27th total of 159,800 shares. Based on an average daily trading volume, of 85,600 shares, the days-to-cover ratio is currently 3.0 days. Currently, 1.3% of the shares of the stock are sold short. View Bridgewater Bancshares' Current Options Chain.

Some companies that are related to Bridgewater Bancshares include Independent Bank Group (IBTX), Southside Bancshares (SBSI), Eagle Bancorp (EGBN), Seacoast Banking Co. of Florida (SBCF), First Busey (BUSE), TriCo Bancshares (TCBK), Lakeland Financial (LKFN), Oritani Financial (ORIT), 1st Source (SRCE), German American Bancorp. (GABC), Enterprise Financial Services (EFSC), Veritex (VBTX), First National Bank Alaska (FBAK), First Bancorp (FBNC) and Stock Yards Bancorp (SYBT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Bridgewater Bancshares investors own include AbbVie (ABBV), Verizon Communications (VZ), Lululemon Athletica (LULU), Peloton (PTON), Trade Desk (TTD), Alibaba Group (BABA), General Motors (GM), Global Payments (GPN), Kohl's (KSS) and Las Vegas Sands (LVS).

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

Bridgewater Bancshares trades on the NASDAQ under the ticker symbol "BWB."

Shares of BWB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of BWB stock can currently be purchased for approximately $9.49.

Bridgewater Bancshares has a market capitalization of $274.93 million and generates $107.60 million in revenue each year. The company earns $31.40 million in net income (profit) each year or $1.05 on an earnings per share basis. Bridgewater Bancshares employs 143 workers across the globe. View additional information about Bridgewater Bancshares.

The official website for Bridgewater Bancshares is http://www.bridgewaterbankmn.com/.

Bridgewater Bancshares' mailing address is 3800 AMERICAN BOULEVARD WEST SUITE 100, BLOOMINGTON MN, 55431. The company can be reached via phone at 952-893-6866 or via email at [email protected]