Bridge Investment Group - BRDG Stock Forecast, Price & News

6 Wall Street 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 research analysts is that investors should "buy" BRDG shares.
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6 analysts have issued 12 month target prices for Bridge Investment Group's shares. Their BRDG share price forecasts range from $15.00 to $24.00. On average, they predict the company's share price to reach $18.60 in the next year. This suggests a possible upside of 56.6% from the stock's current price.
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Bridge Investment Group's stock was trading at $12.05 at the beginning of 2023. Since then, BRDG stock has decreased by 1.4% and is now trading at $11.88.
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Bridge Investment Group saw a decline in short interest in the month of February. As of February 15th, there was short interest totaling 675,300 shares, a decline of 13.2% from the January 31st total of 778,400 shares. Based on an average trading volume of 144,900 shares, the days-to-cover ratio is presently 4.7 days. Approximately 2.6% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
View our BRDG earnings forecast.

Bridge Investment Group Holdings Inc. (NYSE:BRDG) posted its quarterly earnings data on Tuesday, February, 14th. The company reported $0.21 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.21. The business earned $95.47 million during the quarter, compared to the consensus estimate of $96.10 million. Bridge Investment Group had a net margin of 6.46% and a trailing twelve-month return on equity of 3.99%.

Bridge Investment Group announced a quarterly dividend on Tuesday, February 14th. Stockholders of record on Friday, March 10th will be given a dividend of $0.17 per share on Friday, March 24th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.72%. The ex-dividend date is Thursday, March 9th.
Read our dividend analysis for BRDG.

ETFs with the largest weight of Bridge Investment Group (NYSE:BRDG) stock in their portfolio include VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), First Trust Dow Jones Select Microcap Index Fund (FDM) and Hartford Multifactor Small Cap ETF (ROSC).SPDR S&P Capital Markets ETF (KCE) and

Bridge Investment Group (NYSE:BRDG) pays an annual dividend of $0.68 per share and currently has a dividend yield of 6.02%. BRDG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 73.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BRDG will have a dividend payout ratio of 50.00% next year. This indicates that the company will be able to sustain or increase its dividend.
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 a price of $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 a variety of retail and institutional investors. Top institutional shareholders include Jennison Associates LLC (9.74%), Burgundy Asset Management Ltd. (7.67%), Morgan Stanley (6.58%), Franklin Resources Inc. (5.31%), 1832 Asset Management L.P. (5.26%) and Conversant Capital LLC (4.66%).

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 $11.88.

Bridge Investment Group (NYSE:BRDG) has a market capitalization of $387.76 million and generates $409.05 million in revenue each year. The company earns $27.27 million in net income (profit) each year or $0.92 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.