BrightSphere Investment Group - BSIG Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BrightSphere Investment Group in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" BSIG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BSIG, but not buy additional shares or sell existing shares.
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3 Wall Street analysts have issued 1 year price targets for BrightSphere Investment Group's shares. Their BSIG share price forecasts range from $18.00 to $32.00. On average, they anticipate the company's share price to reach $27.33 in the next year. This suggests a possible upside of 48.0% from the stock's current price.
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BrightSphere Investment Group's stock was trading at $25.27 at the beginning of the year. Since then, BSIG shares have decreased by 26.9% and is now trading at $18.47.
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BrightSphere Investment Group saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 2,600,000 shares, an increase of 18.2% from the June 30th total of 2,200,000 shares. Based on an average daily volume of 423,700 shares, the days-to-cover ratio is currently 6.1 days. Approximately 6.3% of the company's shares are sold short.
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BrightSphere Investment Group is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our BSIG earnings forecast.

BrightSphere Investment Group Inc. (NYSE:BSIG) posted its quarterly earnings results on Thursday, July, 28th. The company reported $0.41 EPS for the quarter, missing analysts' consensus estimates of $0.46 by $0.05. BrightSphere Investment Group had a trailing twelve-month return on equity of 46.17% and a net margin of 65.73%. During the same period in the prior year, the company posted $0.40 earnings per share.

BrightSphere Investment Group announced a quarterly dividend on Friday, July 29th. Investors of record on Friday, September 16th will be given a dividend of $0.01 per share on Friday, September 30th. This represents a $0.04 dividend on an annualized basis and a yield of 0.22%. The ex-dividend date is Thursday, September 15th.
Read our dividend analysis for BSIG.

BrightSphere Investment Group (NYSE:BSIG) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.21%. The dividend payout ratio is 0.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BSIG will have a dividend payout ratio of 2.26% 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), Primo Water (PRMW), 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 investors include Jennison Associates LLC (2.60%), Vaughan Nelson Investment Management L.P. (1.60%), Royce & Associates LP (0.67%), Truist Financial Corp (0.39%), Assenagon Asset Management S.A. (0.22%) and Swiss National Bank (0.20%). Insiders that own company stock include Daniel K Mahoney, Guang Yang, Paulson & Co Inc, Richard Jonathan Hart and Suren Rana.
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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 $18.47.

BrightSphere Investment Group (NYSE:BSIG) has a market capitalization of $765.12 million and generates $545.30 million in revenue each year. The company earns $828.40 million in net income (profit) each year or $4.49 on an earnings per share basis.

BrightSphere Investment Group employs 24 workers across the globe.

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.