Should I buy or sell BrightSphere Investment Group stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BrightSphere Investment Group in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BSIG shares. View BSIG analyst ratings or view top-rated stocks .

What is BrightSphere Investment Group's stock price target for 2024?

2 Wall Street research analysts have issued 1-year target prices for BrightSphere Investment Group's shares. Their BSIG share price targets range from $20.00 to $21.00. On average, they predict the company's share price to reach $20.50 in the next twelve months. This suggests a possible upside of 15.4% from the stock's current price. View analysts price targets for BSIG or view top-rated stocks among Wall Street analysts .

How have BSIG shares performed in 2023?

BrightSphere Investment Group's stock was trading at $20.58 at the beginning of 2023. Since then, BSIG stock has decreased by 13.7% and is now trading at $17.77. View the best growth stocks for 2023 here .

Are investors shorting BrightSphere Investment Group?

BrightSphere Investment Group saw a decrease in short interest during the month of October. As of October 31st, there was short interest totaling 565,400 shares, a decrease of 8.7% from the October 15th total of 619,500 shares. Based on an average trading volume of 180,900 shares, the days-to-cover ratio is presently 3.1 days. Approximately 1.4% of the company's stock are sold short. View BrightSphere Investment Group's Short Interest .

When is BrightSphere Investment Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024. View our BSIG earnings forecast .

How were BrightSphere Investment Group's earnings last quarter?

BrightSphere Investment Group Inc. (NYSE:BSIG) announced its earnings results on Thursday, November, 2nd. The company reported $0.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.29 by $0.16. The firm earned $107.30 million during the quarter, compared to analyst estimates of $95.29 million. BrightSphere Investment Group had a trailing twelve-month return on equity of 6,217.39% and a net margin of 17.56%.

How often does BrightSphere Investment Group pay dividends? What is the dividend yield for BrightSphere Investment Group?

BrightSphere Investment Group declared a quarterly dividend on Thursday, November 2nd. Stockholders of record on Friday, December 15th will be given a dividend of $0.01 per share on Thursday, December 28th. This represents a $0.04 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date is Thursday, December 14th. Read our dividend analysis for BSIG .

Is BrightSphere Investment Group a good dividend stock?

BrightSphere Investment Group (NYSE:BSIG) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.22%. The dividend payout ratio is 2.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BSIG will have a dividend payout ratio of 2.22% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for BSIG .

What ETFs hold BrightSphere Investment Group's stock?

ETFs with the largest weight of BrightSphere Investment Group (NYSE:BSIG) stock in their portfolio include Natixis Vaughan Nelson Mid Cap ETF (VNMC) . Syntax Stratified SmallCap ETF (SSLY) .

What other stocks do shareholders of BrightSphere Investment Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other BrightSphere Investment Group investors own include Old Mutual (OML) , Zscaler (ZS) , Big Lots (BIG) , Ford Motor (F) , Michaels Companies (MIK) , AbbVie (ABBV) , Cinemark (CNK) , Canadian Natural Resources (CNQ) and Huntington Bancshares (HBAN) .

Who are BrightSphere Investment Group's major shareholders?

BrightSphere Investment Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include North Reef Capital Management LP (4.10%), William Blair Investment Management LLC (2.95%), Impax Asset Management Group plc (2.29%), Vaughan Nelson Investment Management L.P. (2.06%), Charles Schwab Investment Management Inc. (1.62%) and Jennison Associates LLC (1.15%). Insiders that own company stock include Paulson & Co Inc, Richard Jonathan Hart and Suren Rana . View institutional ownership trends .

BrightSphere Investment Group Stock Price, News & Analysis (NYSE:BSIG)

$17.84

+0.07 (+0.39%)

(As of 10:18 AM ET)

Compare

Today's Range: $17.46
▼
$17.85
50-Day Range: $15.60
▼
$20.25
52-Week Range: $15.23
▼
$26.88

Volume: 6,255 shs
Average Volume: 179,508 shs
Market Capitalization: $740.54 million

P/E Ratio: 10.31
Dividend Yield: 0.22%
Price Target: $20.50

BrightSphere Investment Group MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 15.4% Upside
$20.50 Price Target
Short Interest: Healthy
1.37% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -0.21
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 9.09%
From $1.65 to $1.80 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.47 out of 5 stars

Finance Sector

259th out of 847 stocks

Investment Advice Industry

19th out of 48 stocks

2.3

Analyst's Opinion

Consensus Rating
BrightSphere Investment Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $20.50, BrightSphere Investment Group has a forecasted upside of 15.4% from its current price of $17.77.
Amount of Analyst Coverage
BrightSphere Investment Group has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.37% of the float of BrightSphere Investment Group has been sold short.
Short Interest Ratio / Days to Cover
BrightSphere Investment Group has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in BrightSphere Investment Group has recently decreased by 8.73%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
BrightSphere Investment Group has a dividend yield of 0.22%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
BrightSphere Investment Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of BrightSphere Investment Group is 2.31%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, BrightSphere Investment Group will have a dividend payout ratio of 2.22% next year. This indicates that BrightSphere Investment Group will be able to sustain or increase its dividend.

3.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
BrightSphere Investment Group has received a 27.53% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Consumer savings accounts provided by brick and mortar banks", "Consumer transaction accounts provided by brick and mortar banks", and "Life insurance services for individuals" products. See details.
Environmental Sustainability
The Environmental Impact score for BrightSphere Investment Group is -0.21.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for BrightSphere Investment Group this week, compared to 1 article on an average week.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, BrightSphere Investment Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
24.90% of the stock of BrightSphere Investment Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
98.69% of the stock of BrightSphere Investment Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for BrightSphere Investment Group are expected to grow by 9.09% in the coming year, from $1.65 to $1.80 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of BrightSphere Investment Group is 10.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.72.
Price to Earnings Ratio vs. Sector
The P/E ratio of BrightSphere Investment Group is 10.27, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.16.

See Top Rated MarketRank™ Stocks Here

About BrightSphere Investment Group Stock (NYSE:BSIG)

BrightSphere Investment Group Inc. is a publically owned asset management holding company. The firm provides its services to individuals and institutions. It manages separate client focused portfolios through its subsidiaries. The firm also launches equity mutual funds for its clients. It invests in public equity, fixed income, and alternative investment markets through its subsidiaries. The firm was founded in 1980 is based Boston, Massachusetts. It was formally known as BrightSphere Investment Group plc. BrightSphere Investment Group Inc. was formed in 1980 and is based in Boston, Massachusetts.

BSIG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BSIG Stock News Headlines

November 24, 2023 | morningstar.com

BrightSphere Investment Group Inc BSIG

November 14, 2023 | finance.yahoo.com

John Paulson's Strategic Moves: Horizon Therapeutics PLC Takes the Lead with 16.59% Portfolio Impact

November 28, 2023 | Edge On The Street (Ad)

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November 5, 2023 | finance.yahoo.com

BrightSphere Investment Group Inc. (NYSE:BSIG) Q3 2023 Earnings Call Transcript

November 2, 2023 | msn.com

BrightSphere Investment GAAP EPS of $0.46, revenue of $107.3M

November 2, 2023 | finance.yahoo.com

BrightSphere Reports Financial and Operating Results for the Third Quarter Ended September 30, 2023

October 30, 2023 | finance.yahoo.com

Earnings Preview: Affiliated Managers Group (AMG) Q3 Earnings Expected to Decline

October 6, 2023 | finance.yahoo.com

BrightSphere to Report Financial and Operating Results for the Third Quarter Ended September 30, 2023

November 28, 2023 | Edge On The Street (Ad)

Americans Now Favor Gold Over Stocks as an Investment Vehicle

October 5, 2023 | finance.yahoo.com

The total return for BrightSphere Investment Group (NYSE:BSIG) investors has risen faster than earnings growth over the last five years

September 30, 2023 | morningstar.com

Hao Tian International Construction Investment Group Ltd Registered Shs Uni

August 10, 2023 | finance.yahoo.com

BrightSphere Investment Group Inc. (NYSE:BSIG) Q2 2023 Earnings Call Transcript

August 4, 2023 | msn.com

RBC Capital Maintains BrightSphere Investment Group (BSIG) Outperform Recommendation

August 4, 2023 | finance.yahoo.com

Q2 2023 Brightsphere Investment Group Inc Earnings Call

August 3, 2023 | finance.yahoo.com

BrightSphere Investment Group (BSIG) Q2 Earnings Meet Estimates

August 3, 2023 | finance.yahoo.com

BrightSphere Reports Financial and Operating Results for the Second Quarter Ended June 30, 2023

August 2, 2023 | benzinga.com

BrightSphere Investment's Earnings: A Preview

July 26, 2023 | finance.yahoo.com

Affiliated Managers Group (AMG) Surpasses Q2 Earnings Estimates

July 13, 2023 | finance.yahoo.com

BrightSphere to Report Financial and Operating Results for the Second Quarter Ended June 30, 2023

July 13, 2023 | finance.yahoo.com

Strength Seen in BrightSphere Investment Group (BSIG): Can Its 6.5% Jump Turn into More Strength?

July 12, 2023 | msn.com

Morgan Stanley Reiterates BrightSphere Investment Group (BSIG) Equal-Weight Recommendation

June 5, 2023 | finance.yahoo.com

Do Options Traders Know Something About BrightSphere Investment (BSIG) Stock We Don't?

May 29, 2023 | msn.com

All You Need to Know About BrightSphere Investment Group (BSIG) Rating Upgrade to Strong Buy

May 11, 2023 | markets.businessinsider.com

RBC Capital Reaffirms Their Buy Rating on BrightSphere Investment Group (BSIG)

May 5, 2023 | msn.com

BrightSphere Investment Group (BSIG) Declares $0.01 Dividend

May 5, 2023 | seekingalpha.com

BrightSphere Investment Group Inc. 2023 Q1 - Results - Earnings Call Presentation

May 4, 2023 | finance.yahoo.com

BrightSphere Investment Group (BSIG) Q1 Earnings and Revenues Miss Estimates

See More Headlines

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Company Calendar

Ex-Dividend for 9/29 Dividend: 9/14/2023
Dividend Payable: 9/29/2023
Last Earnings: 11/02/2023
Today: 11/28/2023
Ex-Dividend for 12/28 Dividend: 12/14/2023
Dividend Payable: 12/28/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/01/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Investment advice
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:BSIG
CUSIP: N/A
CIK: 1748824
Web: www.bsig.com
Phone: (617) 369-7300
Fax: N/A
Employees: 354
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $20.50
High Stock Price Target: $21.00
Low Stock Price Target: $20.00
Potential Upside/Downside: +15.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.73
Trailing P/E Ratio: 10.27
Forward P/E Ratio: 10.77
P/E Growth: N/A
Net Income: $100.60 million
Net Margins: 17.56%
Pretax Margin: 25.45%
Return on Equity: 6,217.39%
Return on Assets: 13.14%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.83
Quick Ratio: 0.83

Sales & Book Value

Annual Sales: $417.20 million
Price / Sales: 1.77
Cash Flow: $2.40 per share
Price / Cash Flow: 7.41
Book Value: ($0.52) per share
Price / Book: -34.17

Miscellaneous

Outstanding Shares: 41,510,000
Free Float: 31,173,000
Market Cap: $737.63 million
Optionable: Not Optionable
Beta: 1.51

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Key Executives

Mr. Suren S. Rana (Age 43)
CEO, President & Director
Comp: $700k
Ms. Christina Wiater (Age 41)
Senior VP, Principal Financial & Accounting Officer, Chief Accounting Officer and Controller
Comp: $745k
Mr. Richard J. Hart (Age 46)
Executive VP, Chief Legal Officer & Secretary
Comp: $1.11M
Dr. Brendan O'Brien Bradley Ph.D.
Acadian Executive VP & Chief Investment Officer
Melody Huang
Senior VP & Director of Finance and Investor Relations
Ms. Tracy Aber
Head of Human Resources
Mr. Trevedi Tewari
Head of Institutional Business of United Kingdom & Ireland
Mr. Olivier Lebleu
Head of International Business
Mr. Steve Coyle
Senior VP and Director of Subadvisory & Institutional Retirement
Mr. Robert Campbell
Head of Information Technology

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

BSIG Stock Analysis - Frequently Asked Questions

Should I buy or sell BrightSphere Investment Group stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BrightSphere Investment Group in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BSIG shares.
View BSIG analyst ratings or view top-rated stocks.
What is BrightSphere Investment Group's stock price target for 2024?: 2 Wall Street research analysts have issued 1-year target prices for BrightSphere Investment Group's shares. Their BSIG share price targets range from $20.00 to $21.00. On average, they predict the company's share price to reach $20.50 in the next twelve months. This suggests a possible upside of 15.4% from the stock's current price.
View analysts price targets for BSIG or view top-rated stocks among Wall Street analysts.
How have BSIG shares performed in 2023?: BrightSphere Investment Group's stock was trading at $20.58 at the beginning of 2023. Since then, BSIG stock has decreased by 13.7% and is now trading at $17.77.
View the best growth stocks for 2023 here.
Are investors shorting BrightSphere Investment Group?: BrightSphere Investment Group saw a decrease in short interest during the month of October. As of October 31st, there was short interest totaling 565,400 shares, a decrease of 8.7% from the October 15th total of 619,500 shares. Based on an average trading volume of 180,900 shares, the days-to-cover ratio is presently 3.1 days. Approximately 1.4% of the company's stock are sold short.
View BrightSphere Investment Group's Short Interest.
When is BrightSphere Investment Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024.
View our BSIG earnings forecast.
How were BrightSphere Investment Group's earnings last quarter?: BrightSphere Investment Group Inc. (NYSE:BSIG) announced its earnings results on Thursday, November, 2nd. The company reported $0.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.29 by $0.16. The firm earned $107.30 million during the quarter, compared to analyst estimates of $95.29 million. BrightSphere Investment Group had a trailing twelve-month return on equity of 6,217.39% and a net margin of 17.56%.

How often does BrightSphere Investment Group pay dividends? What is the dividend yield for BrightSphere Investment Group?: BrightSphere Investment Group declared a quarterly dividend on Thursday, November 2nd. Stockholders of record on Friday, December 15th will be given a dividend of $0.01 per share on Thursday, December 28th. This represents a $0.04 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date is Thursday, December 14th.
Read our dividend analysis for BSIG.
Is BrightSphere Investment Group a good dividend stock?: BrightSphere Investment Group (NYSE:BSIG) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.22%. The dividend payout ratio is 2.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BSIG will have a dividend payout ratio of 2.22% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BSIG.
What ETFs hold BrightSphere Investment Group's stock?: ETFs with the largest weight of BrightSphere Investment Group (NYSE:BSIG) stock in their portfolio include Natixis Vaughan Nelson Mid Cap ETF (VNMC).Syntax Stratified SmallCap ETF (SSLY).
What other stocks do shareholders of BrightSphere Investment Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other BrightSphere Investment Group investors own include Old Mutual (OML), Zscaler (ZS), Big Lots (BIG), Ford Motor (F), Michaels Companies (MIK), AbbVie (ABBV), Cinemark (CNK), Canadian Natural Resources (CNQ) and Huntington Bancshares (HBAN).
Who are BrightSphere Investment Group's major shareholders?: BrightSphere Investment Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include North Reef Capital Management LP (4.10%), William Blair Investment Management LLC (2.95%), Impax Asset Management Group plc (2.29%), Vaughan Nelson Investment Management L.P. (2.06%), Charles Schwab Investment Management Inc. (1.62%) and Jennison Associates LLC (1.15%). Insiders that own company stock include Paulson & Co Inc, Richard Jonathan Hart and Suren Rana.
View institutional ownership trends.
How do I buy shares of BrightSphere Investment Group?: Shares of BSIG 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.

This page (NYSE:BSIG) was last updated on 11/28/2023 by MarketBeat.com Staff

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