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

5 Wall Street 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 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BRDG shares.
View BRDG analyst ratings or view top-rated stocks.

5 analysts have issued twelve-month price targets for Bridge Investment Group's stock. Their BRDG share price forecasts range from $13.00 to $18.00. On average, they expect the company's stock price to reach $15.60 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 at the beginning of the year. Since then, BRDG stock has decreased by 18.3% and is now trading at $9.85.
View the best growth stocks for 2023 here.

Bridge Investment Group saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 236,200 shares, a decrease of 29.4% from the April 30th total of 334,400 shares. Based on an average daily volume of 140,200 shares, the short-interest ratio is currently 1.7 days. Approximately 0.8% of the company's shares are short sold.
View Bridge Investment Group's Short Interest.

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

Bridge Investment Group Holdings Inc. (NYSE:BRDG) posted its earnings results on Tuesday, February, 14th. The company reported $0.21 earnings per share for the quarter, hitting analysts' consensus estimates of $0.21. The company had revenue of $95.47 million for the quarter, compared to the consensus estimate of $96.10 million. Bridge Investment Group had a net margin of 4.71% and a trailing twelve-month return on equity of 3.71%.

Bridge Investment Group announced a quarterly dividend on Monday, May 8th. Shareholders of record on Friday, June 2nd will be paid a dividend of $0.15 per share on Friday, June 16th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.09%. The ex-dividend date is Thursday, June 1st.
Read our dividend analysis for BRDG.

ETFs with the largest weight of Bridge Investment Group (NYSE:BRDG) stock in their portfolio include First Trust Dow Jones Select Microcap Index Fund (FDM), Hartford Multifactor Small Cap ETF (ROSC), SPDR S&P Capital Markets ETF (KCE), Janus Henderson Small Cap Growth Alpha ETF (JSML),

Bridge Investment Group (NYSE:BRDG) pays an annual dividend of $0.68 per share and currently has a dividend yield of 6.73%. BRDG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 113.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, BRDG will have a dividend payout ratio of 58.62% 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 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 a number of institutional and retail investors. Top institutional shareholders include Jennison Associates LLC (8.79%), Burgundy Asset Management Ltd. (6.83%), 1832 Asset Management L.P. (4.09%), FMR LLC (2.31%), BlackRock Inc. (1.12%) and Geode Capital Management LLC (1.03%).

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.
Compare Top Brokerages Here.

One share of BRDG stock can currently be purchased for approximately $9.85.

Bridge Investment Group (NYSE:BRDG) has a market capitalization of $322.00 million and generates $409.05 million in revenue each year. The company earns $27.27 million in net income (profit) each year or $0.60 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.