NYSE:BRG Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $7.00 -0.07 (-0.99 %) (As of 09/24/2020 12:00 AM ET) Add Compare Share Today's Range$6.83Now: $7.00▼$7.3650-Day Range$7.07MA: $7.49▼$7.9752-Week Range$3.79Now: $7.00▼$12.49Volume300,741 shsAverage Volume262,396 shsMarket Capitalization$172.33 millionP/E Ratio175.00Dividend Yield9.19%Beta0.9 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSocial Media 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.Read More Beat the Market (BTM) Rank™ 1.0 Analyst's Opinion Consensus RatingBluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.67, Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) has a forecasted downside of 4.8% from its current price of $7.00.Amount of Analyst CoverageBluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) has received no research coverage in the past 90 days. Previous Next 3.0 Community Rank Outperform VotesBluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) has received 24 “outperform” votes. (Add your “outperform” vote.)Underperform VotesBluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) has received 16 “underperform” votes. (Add your “underperform” vote.)Community SentimentBluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) has received 60.00% “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. Previous Next 1.7 Dividend Strength Dividend LeadershipBluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) is a leading dividend payer. It pays a dividend yield of 9.19%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) has only been increasing its dividend for 1 years.Dividend CoverageThe 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 SustainabilityBased on EPS estimates, Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) will have a dividend payout ratio of 138.30% in the coming year. This indicates that Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 23.82% of the stock of Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) is held by insiders.Percentage Held by Institutions56.59% 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. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) are expected to grow by 34.29% in the coming year, from $0.35 to $0.47 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) is 175.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.99.Price to Earnings Ratio vs. SectorThe P/E ratio of Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) is 175.00, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 16.62.Price to Book Value per Share RatioBluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) has a P/B Ratio of 1.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.0Community Rank: 3.0Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.58 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 Webwww.bluerockresidential.com Phone212-843-1601Debt Debt-to-Equity Ratio14.51 Current Ratio222.66 Quick Ratio222.66Price-To-Earnings Trailing P/E Ratio175.00 Forward P/E Ratio20.00 P/E GrowthN/A Sales & Book Value Annual Sales$209.97 million Price / Sales0.82 Cash Flow$4.79 per share Price / Cash Flow1.46 Book Value$4.77 per share Price / Book1.47Profitability EPS (Most Recent Fiscal Year)$0.82 Net Income$36.74 million Net Margins20.52% Return on Equity43.18% Return on Assets1.88%Miscellaneous EmployeesN/A Outstanding Shares24,619,000Market Cap$172.33 million Next Earnings DateN/A OptionableOptionable $7.00 -0.07 (-0.99 %) (As of 09/24/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive BRG News and Ratings via Email Sign-up to receive the latest news and ratings for BRG and its competitors with MarketBeat's FREE daily newsletter. 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 price been impacted by 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 27.3% and is now trading at $7.00. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)? 3 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 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." 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) announced its quarterly earnings results on Tuesday, November, 4th. The company reported $0.14 EPS for the quarter, topping analysts' consensus estimates of $0.12 by $0.02. The company had revenue of $9.60 million for the quarter, compared to the consensus estimate of $9.59 million. Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) had a net margin of 20.52% and a return on equity of 43.18%. The company's revenue was up 209.7% compared to the same quarter last year. 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) declared a quarterly dividend on Friday, September 11th. Stockholders of record on Friday, September 25th will be paid a dividend of $0.162 per share on Monday, October 5th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 9.26%. The ex-dividend date is Thursday, September 24th. View Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)'s dividend history. What price target have analysts set for BRG? 3 brokerages have issued 12-month price objectives for Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)'s stock. Their forecasts range from $5.00 to $8.00. On average, they anticipate Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)'s share price to reach $6.67 in the next year. This suggests that the stock has a possible downside of 4.8%. View analysts' price targets for Bluerock 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 American Finance Trust (AFIN), TPG RE Finance Trust (TRTX), Brookfield Property REIT (BPYU), Global Medical REIT (GMRE), ARMOUR Residential REIT (ARR), Saul Centers (BFS), Colony Credit Real Estate (CLNC), Ready Capital (RC), Tanger Factory Outlet Centers (SKT), CAPSTEAD MTG CO/SH (CMO), UMH PROPERTIES/SH SH (UMH), Summit Hotel Properties (INN), Invesco Mortgage Capital (IVR), NetSTREIT (NTST) and RPT Realty (RPT). View all competitors. 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 GlaxoSmithKline (GSK), Omega Healthcare Investors (OHI), Store Capital (STOR), American Tower (AMT), Preferred Apartment Communities (APTS), Bristol-Myers Squibb (BMY), EPR Properties (EPR), Independence Realty Trust (IRT), LTC Properties (LTC) and Realty Income (O). 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 $7.00. 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 $172.33 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. 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 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 9/24/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
