NASDAQ:BWBBridgewater Bancshares Stock Price, Forecast & News

Bridgewater Bancshares' stock was trading at $10.38 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BWB stock has decreased by 10.0% and is now trading at $9.34. View which stocks have been most 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, July 23rd 2020. View our earnings forecast for Bridgewater Bancshares.

Bridgewater Bancshares Inc (NASDAQ:BWB) posted its quarterly earnings data on Thursday, April, 30th. The company reported $0.25 EPS for the quarter, topping analysts' consensus estimates of $0.24 by $0.01. The business had revenue of $21.82 million for the quarter, compared to analysts' expectations of $20.32 million. Bridgewater Bancshares had a return on equity of 13.29% and a net margin of 28.45%. View Bridgewater Bancshares' earnings history.

2 analysts have issued 1-year target prices for Bridgewater Bancshares' shares. Their forecasts range from $13.00 to $13.00. On average, they expect Bridgewater Bancshares' share price to reach $13.00 in the next twelve months. This suggests a possible upside of 39.2% from the stock's current price. View analysts' price targets for Bridgewater Bancshares.

Press coverage about BWB stock has trended negative on Monday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Bridgewater Bancshares earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Bridgewater Bancshares.

Bridgewater Bancshares saw a increase in short interest in June. As of June 15th, there was short interest totaling 425,400 shares, an increase of 19.5% from the May 31st total of 355,900 shares. Based on an average daily trading volume, of 90,500 shares, the days-to-cover ratio is currently 4.7 days. Currently, 2.0% of the shares of the stock are sold short. View Bridgewater Bancshares' Current Options Chain.

Some companies that are related to Bridgewater Bancshares include Seacoast Banking Co. of Florida (SBCF), Eagle Bancorp (EGBN), First Busey (BUSE), 1st Source (SRCE), TriCo Bancshares (TCBK), Southside Bancshares (SBSI), S & T Bancorp (STBA), Stock Yards Bancorp (SYBT), Oritani Financial (ORIT), Veritex (VBTX), German American Bancorp. (GABC), Enterprise Financial Services (EFSC), FB Financial (FBK), Great Western Bancorp (GWB) and First Foundation (FFWM). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Bridgewater Bancshares investors own include AbbVie (ABBV), Verizon Communications (VZ), Alibaba Group (BABA), General Motors (GM), Global Payments (GPN), Lululemon Athletica (LULU), Paycom Software (PAYC), Peloton (PTON), Trade Desk (TTD) and Wells Fargo & Co (WFC).

(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.

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 $9.34.

Bridgewater Bancshares has a market capitalization of $269.09 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.

The official website for Bridgewater Bancshares is 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]