BrightSphere Investment Group (BSIG) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BrightSphere Investment Group in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BSIG shares.
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2 Wall Street analysts have issued 12 month price objectives for BrightSphere Investment Group's shares. Their BSIG share price forecasts range from $22.00 to $23.00. On average, they expect the company's share price to reach $22.50 in the next twelve months. This suggests that the stock has a possible downside of 1.5%.
View analysts price targets for BSIG or view top-rated stocks among Wall Street analysts.

BrightSphere Investment Group's stock was trading at $20.58 at the beginning of the year. Since then, BSIG shares have increased by 11.0% and is now trading at $22.84.
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BrightSphere Investment Group saw a decrease in short interest in April. As of April 30th, there was short interest totaling 724,400 shares, a decrease of 6.9% from the April 15th total of 777,900 shares. Based on an average trading volume of 134,700 shares, the short-interest ratio is presently 5.4 days. Approximately 1.8% of the company's stock are short sold.
View BrightSphere Investment Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our BSIG earnings forecast.

BrightSphere Investment Group Inc. (NYSE:BSIG) issued its earnings results on Thursday, May, 4th. The company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.29 by $0.01. The business had revenue of $91.80 million for the quarter, compared to analysts' expectations of $93.20 million. BrightSphere Investment Group had a net margin of 22.38% and a negative trailing twelve-month return on equity of 179.03%.

BrightSphere Investment Group declared a quarterly dividend on Thursday, May 4th. Stockholders of record on Friday, June 16th will be paid a dividend of $0.01 per share on Friday, June 30th. This represents a $0.04 annualized dividend and a yield of 0.18%. The ex-dividend date of this dividend is Thursday, June 15th.
Read our dividend analysis for BSIG.

ETFs with the largest weight of BrightSphere Investment Group (NYSE:BSIG) stock in their portfolio include Natixis Vaughan Nelson Mid Cap ETF (VNMC), SPDR S&P Capital Markets ETF (KCE), Syntax Stratified SmallCap ETF (SSLY), Invesco S&P SmallCap Financials ETF (PSCF), Vanguard U.S. Quality Factor ETF (VFQY), WisdomTree U.S. SmallCap Fund (EES),

BrightSphere Investment Group (NYSE:BSIG) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.18%. The dividend payout ratio is 1.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BSIG will have a dividend payout ratio of 2.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BSIG.

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).

BrightSphere Investment Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "BSIG."

BrightSphere Investment Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.21%), FMR LLC (6.99%), Azora Capital LP (3.22%), State Street Corp (3.16%), William Blair Investment Management LLC (3.13%) and North Reef Capital Management LP (2.91%). Insiders that own company stock include Paulson & Co Inc, Richard Jonathan Hart and Suren Rana.
View institutional ownership trends.

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.
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One share of BSIG stock can currently be purchased for approximately $22.84.

BrightSphere Investment Group (NYSE:BSIG) has a market capitalization of $946.95 million and generates $417.20 million in revenue each year. The company earns $100.60 million in net income (profit) each year or $2.09 on an earnings per share basis.

BrightSphere Investment Group's mailing address is 200 CLAREDON ST 53RD FLOOR, BOSTON MA, 02116. The official website for the company is www.bsig.com. The company can be reached via phone at (617) 369-7300 or via email at info@bsig.com.