Bluerock Residential Growth REIT Company Profile (NYSE:BRG)

About Bluerock Residential Growth REIT (NYSE:BRG)

Bluerock Residential Growth REIT logoBluerock Residential Growth REIT, Inc. is a real estate investment trust. The Company is focused on acquiring a portfolio of residential real estate assets. As of December 31, 2016, the Company's portfolio consisted of interests in 31 properties (21 operating and 10 development properties). As of December 31, 2016, its properties contained an aggregate of 9,570 units, consisting of 6,972 operating units and 2,598 units under development. As of December 31, 2016, its operating properties included ARIUM at Palmer Ranch, Sarasota; ARIUM Grandewood, Orlando; ARIUM Gulfshore, Naples; ARIUM Palms, Orlando; ARIUM Pine Lakes, Port St. Lucie; ARIUM Westside, Atlanta; Ashton Reserve, Charlotte; Enders at Baldwin Park, Orlando; Fox Hill, Austin; Lansbrook Village, Palm Harbor; Legacy at Southpark, Austin; Nevadan, Atlanta; Roswell City Walk, Roswell; Sorrel, Frisco; Sovereign, Fort Worth; The Preserve at Henderson Beach, Destin; Village Green of Ann Arbor, Ann Arbor, and Whetstone, Durham.

Industry, Sector and Symbol:
  • Sector: Financials
  • Industry: Residential REITs
  • Sub-Industry: N/A
  • Symbol: NYSE:BRG
  • CUSIP: N/A
  • Web: bluerockresidential.com/
Average Prices:
  • 50 Day Moving Avg: $12.99
  • 200 Day Moving Avg: $12.77
  • 52 Week Range: $11.25 - $14.79
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -19.67
  • P/E Growth: 0.00
Dividend:
  • Dividend Yield: 8.5%
Profitability:
  • Net Margins: 37.24%
  • Return on Equity: -10.17%
  • Return on Assets: 3.08%
Misc:
  • Average Volume: 187,844 shs.
 

Frequently Asked Questions for Bluerock Residential Growth REIT (NYSE:BRG)

What is Bluerock Residential Growth REIT's stock symbol?

Bluerock Residential Growth REIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "BRG."

How often does Bluerock Residential Growth REIT pay dividends? What is the dividend yield for Bluerock Residential Growth REIT?

Bluerock Residential Growth REIT declared a monthly dividend on Wednesday, July 12th. Investors of record on Tuesday, July 25th will be given a dividend of $0.0967 per share on Friday, August 4th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 8.55%. The ex-dividend date of this dividend is Friday, July 21st. View Bluerock Residential Growth REIT's Dividend History.

Where is Bluerock Residential Growth REIT's stock going? Where will Bluerock Residential Growth REIT's stock price be in 2017?

1 brokerages have issued twelve-month price objectives for Bluerock Residential Growth REIT's shares. Their forecasts range from $15.00 to $15.00. On average, they anticipate Bluerock Residential Growth REIT's share price to reach $15.00 in the next twelve months. View Analyst Ratings for Bluerock Residential Growth REIT.

Are investors shorting Bluerock Residential Growth REIT?

Bluerock Residential Growth REIT saw a decrease in short interest in the month of June. As of June 30th, there was short interest totalling 748,188 shares, a decrease of 11.2% from the June 15th total of 842,377 shares. Based on an average daily volume of 154,074 shares, the short-interest ratio is currently 4.9 days. Currently, 3.1% of the shares of the stock are sold short.

Who are some of Bluerock Residential Growth REIT's key competitors?

Who are Bluerock Residential Growth REIT's key executives?

Bluerock Residential Growth REIT's management team includes the folowing people:

  • R. Ramin Kamfar, Chairman of the Board, President, Chief Executive Officer
  • Michael L. Konig, Chief Operating Officer, General Counsel, Secretary
  • Christopher J. Vohs, Chief Accounting Officer, Treasurer
  • Gary T. Kachadurian, Director
  • Brian D. Bailey, Independent Director
  • I. Bobby Majumder, Independent Director
  • Romano Tio, Independent Director

Who owns Bluerock Residential Growth REIT stock?

Bluerock Residential Growth REIT's stock is owned by a number of of retail and institutional investors. Top institutional investors include Orinda Asset Management LLC (0.00%). View Institutional Ownership Trends for Bluerock Residential Growth REIT.

Who sold Bluerock Residential Growth REIT stock? Who is selling Bluerock Residential Growth REIT stock?

Bluerock Residential Growth REIT's stock was sold by a variety of institutional investors in the last quarter, including Orinda Asset Management LLC. View Insider Buying and Selling for Bluerock Residential Growth REIT.

How do I buy Bluerock Residential Growth REIT stock?

Shares of Bluerock Residential Growth REIT can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Bluerock Residential Growth REIT's stock price today?

One share of Bluerock Residential Growth REIT stock can currently be purchased for approximately $13.57.


MarketBeat Community Rating for Bluerock Residential Growth REIT (NYSE BRG)
Community Ranking:  1.8 out of 5 ()
Outperform Votes:  5 (Vote Outperform)
Underperform Votes:  9 (Vote Underperform)
Total Votes:  14
MarketBeat's community ratings are surveys of what our community members think about Bluerock Residential Growth REIT and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Bluerock Residential Growth REIT (NYSE:BRG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $15.00 (10.54% upside)

Analysts' Ratings History for Bluerock Residential Growth REIT (NYSE:BRG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/11/2017FBR & CoReiterated RatingOutperform -> Outperform$15.00HighView Rating Details
(Data available from 7/21/2015 forward)

Earnings

Earnings History for Bluerock Residential Growth REIT (NYSE:BRG)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Bluerock Residential Growth REIT (NYSE:BRG)
Current Year EPS Consensus Estimate: $-0.71 EPS
Next Year EPS Consensus Estimate: $-0.69 EPS

Dividends

Current Dividend Information for Bluerock Residential Growth REIT (NYSE:BRG)
Next Dividend:8/4/2017
Annual Dividend:$1.16
Dividend Yield:8.55%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-163.38% (Based on This Year's Estimates)
-168.12% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Bluerock Residential Growth REIT (NYSE:BRG)

Dividend History by Quarter for Bluerock Residential Growth REIT (NYSE BRG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/12/2017monthly$0.108.94%7/21/20177/25/20178/4/2017
4/10/2017$0.106/21/20176/23/20177/5/2017
4/10/2017$0.105/23/20175/25/20176/5/2017
4/10/2017$0.104/21/20174/25/20175/5/2017
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Bluerock Residential Growth REIT (NYSE:BRG)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Bluerock Residential Growth REIT (NYSE:BRG)
Latest Headlines for Bluerock Residential Growth REIT (NYSE:BRG)
Source:
DateHeadline
americanbankingnews.com logoBluerock Residential Growth REIT Inc (NYSE:BRG) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - July 13 at 7:50 PM
americanbankingnews.com logo$25.54 Million in Sales Expected for Bluerock Residential Growth REIT Inc (NYSE:BRG) This Quarter
www.americanbankingnews.com - July 13 at 11:32 AM
americanbankingnews.com logoBluerock Residential Growth REIT Inc (BRG) Sees Large Drop in Short Interest
www.americanbankingnews.com - July 13 at 7:02 AM
americanbankingnews.com logoBluerock Residential Growth REIT Inc (BRG) Plans $0.10 Monthly Dividend
www.americanbankingnews.com - July 12 at 4:22 PM
americanbankingnews.com logoZacks: Bluerock Residential Growth REIT Inc (NYSE:BRG) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - July 11 at 5:04 PM
americanbankingnews.com logoBluerock Residential Growth REIT Inc (BRG) Expected to Post Earnings of $0.02 Per Share
www.americanbankingnews.com - July 11 at 10:32 AM
americanbankingnews.com logoBluerock Residential Growth REIT Inc (BRG) Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - July 10 at 9:40 PM
americanbankingnews.com logoBluerock Residential Growth REIT Inc (BRG) Sees Significant Decrease in Short Interest
www.americanbankingnews.com - June 28 at 7:02 AM
nasdaq.com logoBluerock Residential Growth REIT Series A Cumulative Redeemable Preferred Stock Ex-Dividend Reminder
www.nasdaq.com - June 19 at 4:14 PM
americanbankingnews.com logoBluerock Residential Growth REIT Inc (BRG) Announces $0.10 Dividend
www.americanbankingnews.com - June 16 at 1:23 PM
americanbankingnews.com logoBluerock Residential Growth REIT Inc (BRG) Short Interest Update
www.americanbankingnews.com - June 11 at 7:02 AM
americanbankingnews.com logoBluerock Residential Growth REIT Inc (BRG) Upgraded at TheStreet
www.americanbankingnews.com - June 5 at 12:28 AM
americanbankingnews.com logoBluerock Residential Growth REIT Inc (BRG) Plans Dividend Increase - $0.10 Per Share
www.americanbankingnews.com - May 18 at 10:28 AM
seekingalpha.com logoBluerock Residential Growth REIT's (BRG) CEO Ramin Kamfar on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 8 at 8:57 PM
americanbankingnews.com logoBluerock Residential Growth REIT (BRG) Receiving Favorable News Coverage, AlphaOne Reports
www.americanbankingnews.com - May 4 at 1:00 AM
americanbankingnews.com logoSomewhat Favorable News Coverage Somewhat Likely to Affect Bluerock Residential Growth REIT (BRG) Share Price
www.americanbankingnews.com - April 29 at 5:27 PM
americanbankingnews.com logoSomewhat Positive Media Coverage Somewhat Likely to Impact Bluerock Residential Growth REIT (BRG) Share Price
www.americanbankingnews.com - April 27 at 12:02 AM
americanbankingnews.com logoBluerock Residential Growth REIT Inc (BRG) Sees Significant Growth in Short Interest
www.americanbankingnews.com - April 25 at 9:14 PM
americanbankingnews.com logoBluerock Residential Growth REIT (BRG) Earns Daily Media Sentiment Score of 0.38
www.americanbankingnews.com - April 23 at 1:48 PM
americanbankingnews.com logoBluerock Residential Growth REIT (BRG) Getting Favorable News Coverage, Analysis Shows
www.americanbankingnews.com - April 20 at 4:04 PM
americanbankingnews.com logoBluerock Residential Growth REIT Inc (BRG) Upgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - April 19 at 8:45 PM
americanbankingnews.com logoSomewhat Favorable News Coverage Somewhat Likely to Impact Bluerock Residential Growth REIT (BRG) Share Price
www.americanbankingnews.com - April 17 at 5:25 PM
americanbankingnews.com logoBluerock Residential Growth REIT Inc (BRG) Short Interest Up 16.5% in March
www.americanbankingnews.com - April 16 at 10:22 AM
americanbankingnews.com logoBluerock Residential Growth REIT Inc (BRG) Declares $0.10 Dividend
www.americanbankingnews.com - April 16 at 8:08 AM
seekingalpha.com logoBluerock Residential Growth REIT's (BRG) CEO Ramin Kamfar on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - November 7 at 10:36 PM
finance.yahoo.com logoBluerock Residential Growth REIT Acquires 480-Unit Apartment Property in Atlanta, GA
finance.yahoo.com - October 20 at 3:27 PM
finance.yahoo.com logoBluerock Residential Growth REIT (BRG) Announces Closing of Public Offering of Series D Preferred Stock
finance.yahoo.com - October 13 at 3:50 PM
seekingalpha.com logoBluerock Residential - D Is Not Equal To A Or C
seekingalpha.com - October 10 at 8:44 AM
reuters.com logoBRIEF-Bluerock Residential Growth REIT (BRG) prices Series D preferred stock offering
www.reuters.com - October 6 at 9:31 AM
biz.yahoo.com logoBLUEROCK RESIDENTIAL GROWTH REIT, INC. Files SEC form 8-K/A, Completion of Acquisition or Disposition of Assets, Fina
biz.yahoo.com - September 30 at 8:20 AM
seekingalpha.com logoBluerock Residential: Yield, Covenants And Options Make This Security Attractive
seekingalpha.com - September 22 at 8:13 AM
nasdaq.com logoBluerock Residential Growth REIT Series A Cumulative Redeemable Preferred Stock Shares Cross 7.5% Yield Mark
www.nasdaq.com - September 2 at 3:46 PM
nasdaq.com logoBluerock Residential Growth REIT, Inc. (BRG)...
www.nasdaq.com - August 22 at 4:00 PM
biz.yahoo.com logoBLUEROCK RESIDENTIAL GROWTH REIT, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Stat
biz.yahoo.com - August 8 at 9:21 PM
finance.yahoo.com logoBluerock Residential Growth REIT Announces Second Quarter 2016 Results
finance.yahoo.com - August 8 at 8:46 AM
finance.yahoo.com logoBluerock Residential Growth REIT (BRG) Announces Closing of Public Offering of Series C Preferred Stock and Full Exercise of Underwriters' Option
finance.yahoo.com - July 19 at 3:59 PM
bizjournals.com logoTwo metro apartment complexes sell for $154.5 million
www.bizjournals.com - July 19 at 10:12 AM
reuters.com logoBRIEF-Bluerock Residential Growth REIT buys apartment community in Atlanta
www.reuters.com - July 19 at 10:12 AM
seekingalpha.com logoBluerock Residential Growth REIT: A View From The Perspective Of A Preferred Investor
seekingalpha.com - July 19 at 10:12 AM
seekingalpha.com logoBluerock Residential - Another Preferred Way To Play This High Yielder
seekingalpha.com - July 14 at 11:40 AM
finance.yahoo.com logoBluerock Residential Growth REIT (BRG) Prices Series C Preferred Stock Offering
finance.yahoo.com - July 12 at 4:03 PM
finance.yahoo.com logoBluerock Residential Growth REIT (BRG) Announces Third Quarter 2016 Common Stock and Series B Preferred Stock Dividends
finance.yahoo.com - July 11 at 4:15 PM
seekingalpha.com logoThe Numbers Don't Add Up At Bluerock Residential Growth REIT
seekingalpha.com - July 6 at 8:46 AM
prnewswire.com logoBluerock Residential Growth REIT (BRG) Pays January 2016 Dividend on Class A & Class B Common Stock - PR Newswire (press release)
www.prnewswire.com - February 5 at 2:50 PM
finance.yahoo.com logoBluerock Residential Growth REIT (BRG) Pays January 2016 Dividend on Class A & Class B Common Stock
finance.yahoo.com - February 5 at 9:01 AM
nasdaq.com logoBluerock Residential Growth REIT, Inc. (BRG) Ex-Dividend Date Scheduled for ... - Nasdaq
www.nasdaq.com - January 21 at 1:17 PM
finance.yahoo.com logoBluerock Residential Growth REIT Invests in Class A Luxury Apartment Development in Raleigh, North Carolina
finance.yahoo.com - January 15 at 8:45 AM
finance.yahoo.com logoBluerock Residential Growth REIT (BRG) Announces First Quarter 2016 Common Stock Dividends
finance.yahoo.com - January 15 at 8:45 AM

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Chart

Bluerock Residential Growth REIT (BRG) Chart for Friday, July, 21, 2017

This page was last updated on 7/21/2017 by MarketBeat.com Staff