NYSE:BRGBluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) Stock Price, Forecast & 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 $8.44 +0.98 (+13.14 %) (As of 06/5/2020 12:15 PM ET) Add Compare Share Today's Range$7.86Now: $8.44▼$8.4650-Day Range$5.58MA: $6.10▼$7.8952-Week Range$3.79Now: $8.44▼$12.65Volume10,154 shsAverage Volume234,581 shsMarket Capitalization$204.33 millionP/E RatioN/ADividend Yield8.24%Beta1 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsInsider 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™ 1.1 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 2.25, and is based on 1 buy rating, 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 potential downside of 21.0% from its current price of $8.44.Amount of Analyst CoverageBluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) has only been the subject of 3 research reports 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 8.24%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) does not have a long track record of dividend growth.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 130.00 % 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 24.31% of the stock of Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) is held by insiders.Percentage Held by Institutions59.42% 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 25.00% in the coming year, from $0.40 to $0.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) is -7.89, 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. SectorThe P/E ratio of Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) is -7.89, 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 RatioBluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) has a P/B Ratio of 1.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.1Community Rank: 3.0Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.61 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 Ratio17.65 Current Ratio162.19 Quick Ratio162.19Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio21.10 P/E GrowthN/A Sales & Book Value Annual Sales$209.97 million Price / Sales0.97 Cash Flow$5.28 per share Price / Cash Flow1.60 Book Value$4.77 per share Price / Book1.77Profitability EPS (Most Recent Fiscal Year)$0.82 Net Income$36.74 million Net Margins8.43% Return on Equity18.54% Return on Assets0.80%Miscellaneous EmployeesN/A Outstanding Shares24,210,000Market Cap$204.33 million Next Earnings DateN/A OptionableOptionable BRG Rates by TradingView 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 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 (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BRG shares have decreased by 12.4% and is now trading at $8.44. 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 3 hold ratings and 1 buy rating 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) posted its quarterly earnings results on Tuesday, November, 4th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.12 by $0.02. The company had revenue of $9.60 million for the quarter, compared to analyst estimates of $9.59 million. Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) had a return on equity of 18.54% and a net margin of 8.43%. The business's revenue for the quarter 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) announced a quarterly dividend on Monday, May 11th. Stockholders of record on Thursday, June 25th will be given a dividend of $0.162 per share on Thursday, July 2nd. This represents a $0.65 annualized dividend and a dividend yield of 7.68%. The ex-dividend date of this dividend is Wednesday, June 24th. View Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)'s dividend history. What price target have analysts set for BRG? 4 brokers have issued 1-year target prices for Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)'s shares. Their forecasts range from $5.00 to $8.00. On average, they expect Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)'s stock price to reach $6.67 in the next year. This suggests that the stock has a possible downside of 21.0%. 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? News stories about BRG stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) earned a daily sentiment score of 0.8 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the company's share price in the next several days. 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 Summit Hotel Properties (INN), TPG RE Finance Trust (TRTX), Tanger Factory Outlet Centers (SKT), Redwood Trust (RWT), Easterly Government Properties (BPYU), Urstadt Biddle Properties (UBA), RPT Realty (RPT), Brookfield Property Reit (BPR), UMH PROPERTIES/SH SH (UMH), Global Medical REIT (GMRE), ARMOUR Residential REIT (ARR), Urstadt Biddle Properties (UBP), CAPSTEAD MTG CO/SH (CMO), City Office REIT (CIO) and Invesco Mortgage Capital (IVR). 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 LTC Properties (LTC), Omega Healthcare Investors (OHI), Bristol-Myers Squibb (BMY), Physicians Realty Trust (DOC), GlaxoSmithKline (GSK), Independence Realty Trust (IRT), National Retail Properties (NNN), Spirit Realty Capital (SRC), Store Capital (STOR) and Ventas (VTR). 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 $8.44. 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 $204.33 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 6/5/2020 by MarketBeat.com Staff
