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

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bridge Investment Group in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BRDG shares.
View BRDG analyst ratings or view top-rated stocks.

6 Wall Street research analysts have issued twelve-month price objectives for Bridge Investment Group's stock. Their BRDG share price forecasts range from $13.00 to $16.50. On average, they anticipate the company's share price to reach $15.08 in the next year. This suggests a possible upside of 58.4% from the stock's current price.
View analysts price targets for BRDG or view top-rated stocks among Wall Street analysts.

Bridge Investment Group's stock was trading at $12.05 on January 1st, 2023. Since then, BRDG stock has decreased by 21.0% and is now trading at $9.5250.
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Bridge Investment Group saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 671,100 shares, an increase of 17.2% from the August 15th total of 572,700 shares. Based on an average daily volume of 149,500 shares, the days-to-cover ratio is presently 4.5 days. Currently, 2.3% of the company's shares are sold short.
View Bridge Investment Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our BRDG earnings forecast.

Bridge Investment Group Holdings Inc. (NYSE:BRDG) issued its quarterly earnings data on Monday, August, 7th. The company reported $0.20 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.20. The firm earned $98.80 million during the quarter, compared to analysts' expectations of $78.78 million. Bridge Investment Group had a net margin of 0.24% and a trailing twelve-month return on equity of 3.38%. During the same period last year, the business posted $0.32 EPS.

Bridge Investment Group declared a quarterly dividend on Monday, August 7th. Stockholders of record on Friday, September 1st will be given a dividend of $0.17 per share on Friday, September 15th. This represents a $0.68 dividend on an annualized basis and a yield of 7.14%. The ex-dividend date of this dividend is Thursday, August 31st. This is an increase from the stock's previous quarterly dividend of $0.15.
Read our dividend analysis for BRDG.

Bridge Investment Group (NYSE:BRDG) pays an annual dividend of $0.68 per share and currently has a dividend yield of 6.79%. BRDG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for BRDG.

(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.

Bridge Investment Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "BRDG."

Bridge Investment Group's stock is owned by many different institutional and retail investors. Top institutional investors include Jennison Associates LLC (9.08%), Burgundy Asset Management Ltd. (6.95%), Franklin Resources Inc. (4.67%), 1832 Asset Management L.P. (4.01%), BlackRock Inc. (1.56%) and Voss Capital LLC (1.14%).

Shares of BRDG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BRDG stock can currently be purchased for approximately $9.53.

Bridge Investment Group (NYSE:BRDG) has a market capitalization of $317.66 million and generates $409.05 million in revenue each year. The company earns $27.27 million in net income (profit) each year or ($0.08) on an earnings per share basis.

The company employs 2,250 workers across the globe.

Bridge Investment Group's mailing address is 111 EAST SEGO LILY DRIVE SUITE 400, SALT LAKE CITY UT, 84070. The official website for the company is www.bridgeig.com. The company can be reached via phone at 801-716-4500 or via email at investorrelations@bridgeig.com.