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 twelve months. 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.
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6 analysts have issued 1 year target prices for Bridge Investment Group's shares. Their BRDG share price forecasts range from $13.00 to $16.50. On average, they expect the company's stock price to reach $15.08 in the next twelve months. This suggests a possible upside of 63.9% from the stock's current price.
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Bridge Investment Group's stock was trading at $12.05 at the beginning of the year. Since then, BRDG shares have decreased by 23.7% and is now trading at $9.20.
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Bridge Investment Group saw a drop in short interest during the month of September. As of September 15th, there was short interest totaling 408,100 shares, a drop of 39.2% from the August 31st total of 671,100 shares. Based on an average daily trading volume, of 129,100 shares, the short-interest ratio is presently 3.2 days. Currently, 1.4% of the company's shares are sold short.
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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) posted its quarterly earnings results on Monday, August, 7th. The company reported $0.20 earnings per share for the quarter, meeting the consensus estimate of $0.20. The firm had revenue of $98.80 million for the quarter, compared to analysts' expectations of $78.78 million. Bridge Investment Group had a trailing twelve-month return on equity of 3.38% and a net margin of 0.24%. During the same period in the previous year, the company posted $0.32 EPS.

Bridge Investment Group announced a quarterly dividend on Monday, August 7th. Investors of record on Friday, September 1st will be paid a dividend of $0.17 per share on Friday, September 15th. This represents a $0.68 annualized dividend and a yield of 7.39%. The ex-dividend date is Thursday, August 31st. This is a positive change 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 7.33%. 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 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."

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 $9.20.

Bridge Investment Group (NYSE:BRDG) has a market capitalization of $306.82 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.