NYSE:BRGBluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) Stock Price, Forecast & News

$6.45

+0.68 (+11.79 %)

(As of 04/10/2020 01:05 AM ET)

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Today's Range

$5.71

Now: $6.45▼

$7.21

50-Day Range

$3.79

MA: $8.27▼

$11.60

52-Week Range

$3.79

Now: $6.45▼

$12.65

Volume775,400 shs

Average Volume274,741 shs

Market Capitalization$158.06 million

P/E RatioN/A

Dividend Yield11.27%

Beta1.08

Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) is a real estate investment trust that focuses on developing and acquiring a diversified portfolio of institutional-quality highly amenitized live/work/play apartment communities in demographically attractive knowledge economy growth markets to appeal to the renter by choice. The Company's objective is to generate value through off-market/relationship-based transactions and, at the asset level, through value add improvements to properties and operations. The Company is included in the Russell 2000 and Russell 3000 Indexes. BRG has elected to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $9.33, Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) has a potential upside of 44.7% from its current price of $6.45.
Amount of Analyst Coverage
Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) has only been the subject of 2 research reports in the past 90 days.

3.1 Community Rank

Outperform Votes
Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) has received 24 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) has received 15 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) has received 61.54% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) and other stocks. Vote “Outperform” if you believe BRG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BRG will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) is a leading dividend payer. It pays a dividend yield of 11.27%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) is 79.27 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) will have a dividend payout ratio of 141.30 % in the coming year. This indicates that Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) may not be able to sustain their current dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 24.31% of the stock of Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) is held by insiders.
Percentage Held by Institutions
59.63% of the stock of Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) are expected to decrease by -9.80% in the coming year, from $0.51 to $0.46 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) is -7.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) is -7.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) has a P/B Ratio of 1.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.80 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Real estate investment trusts

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:BRG

Previous Symbol

CUSIPN/A

CIKN/A

Webhttp://www.bluerockresidential.com/

Phone212-843-1601

Debt

Debt-to-Equity Ratio13.49

Current Ratio164.35

Quick Ratio164.35

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio12.65

P/E GrowthN/A

Sales & Book Value

Annual Sales$209.97 million

Price / Sales0.75

Cash Flow$5.76 per share

Price / Cash Flow1.12

Book Value$4.77 per share

Price / Book1.35

Profitability

EPS (Most Recent Fiscal Year)$0.82

Net Income$36.74 million

Net Margins8.98%

Return on Equity18.13%

Return on Assets0.88%

Miscellaneous

EmployeesN/A

Outstanding Shares24,505,000

Market Cap$158.06 million

Next Earnings DateN/A

OptionableOptionable

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Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) (NYSE:BRG) Frequently Asked Questions

How has Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)'s stock been impacted by COVID-19 (Coronavirus)?

Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)'s stock was trading at $9.63 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BRG stock has decreased by 33.0% and is now trading at $6.45. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN).

How were Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)'s earnings last quarter?

Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) (NYSE:BRG) issued its quarterly earnings results on Thursday, February, 13th. The company reported ($0.62) earnings per share for the quarter, missing analysts' consensus estimates of $0.11 by $0.73. The company had revenue of $52.52 million for the quarter, compared to analysts' expectations of $55.18 million. Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) had a net margin of 8.98% and a return on equity of 18.13%. View Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)'s earnings history.

How often does Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) pay dividends? What is the dividend yield for Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)?

Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) announced a quarterly dividend on Friday, March 13th. Shareholders of record on Wednesday, March 25th will be paid a dividend of $0.162 per share on Friday, April 3rd. This represents a $0.65 annualized dividend and a dividend yield of 10.05%. The ex-dividend date is Tuesday, March 24th. View Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)'s dividend history.

What price target have analysts set for BRG?

4 brokerages have issued 12 month price targets for Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)'s shares. Their forecasts range from $7.00 to $13.00. On average, they anticipate Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)'s share price to reach $9.33 in the next year. This suggests a possible upside of 44.7% from the stock's current price. View analysts' price targets for Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN).

Has Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) been receiving favorable news coverage?

Media coverage about BRG stock has trended very negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutBluerock Residential Growth REIT Inc Class A (NYSEAMERICAN).

Who are some of Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)'s key competitors?

Some companies that are related to Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) include Invesco Mortgage Capital (IVR), Urstadt Biddle Properties (UBA), NY MTG TR INC/SH (NYMT), RPT Realty (RPT), ARMOUR Residential REIT (ARR), Urstadt Biddle Properties (UBP), Global Medical REIT (GMRE), City Office REIT (CIO), UMH PROPERTIES/SH SH (UMH), Colony Credit Real Estate (CLNC), CAPSTEAD MTG CO/SH (CMO), Summit Hotel Properties (INN), Redwood Trust (RWT), Catchmark Timber Trust (CTT) and Chatham Lodging Trust (CLDT).

What other stocks do shareholders of Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) investors own include AGNC Investment (AGNC), Norwegian Cruise Line (NCLH), NY MTG TR INC/SH (NYMT), United Continental (UAL), AstraZeneca (AZN), Bristol-Myers Squibb (BMY), Carnival (CCL), CHIMERA INVT CO/SH NEW (CIM), Clipper Realty (CLPR) and EPR Properties (EPR).

Who are Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)'s key executives?

Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)'s management team includes the following people:

Mr. R. Ramin Kamfar, Chairman & CEO (Age 56)
Mr. Jordan B. Ruddy, Pres & COO (Age 56)
Mr. Christopher J. Vohs CPA, CFO & Treasurer (Age 43)
Mr. James G. Babb III, Chief Investment Officer (Age 54)
Mr. Michael L. Konig Esq., Chief Legal Officer & Sec. (Age 59)

What is Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)'s stock symbol?

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

How do I buy shares of Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)?

Shares of BRG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)'s stock price today?

One share of BRG stock can currently be purchased for approximately $6.45.

How big of a company is Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)?

Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) has a market capitalization of $158.06 million and generates $209.97 million in revenue each year. The company earns $36.74 million in net income (profit) each year or $0.82 on an earnings per share basis. View additional information about Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN).

What is Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)'s official website?

The official website for Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) is http://www.bluerockresidential.com/.

How can I contact Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)?

Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)'s mailing address is 1345 AVENUE OF THE AMERICAS 32ND FLOOR, NEW YORK NY, 10105. The company can be reached via phone at 212-843-1601 or via email at [email protected]

This page was last updated on 4/10/2020 by MarketBeat.com Staff