NYSE:BSIGBrightsphere Investment Group 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 Brightsphere Investment Group PLC Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $9.73 +0.42 (+4.51 %) (As of 06/5/2020 04:00 PM ET) Add Compare Share Today's Range$9.42Now: $9.73▼$9.8750-Day Range$5.23MA: $7.51▼$8.8152-Week Range$3.61Now: $9.73▼$12.06Volume55,501 shsAverage Volume449,281 shsMarket Capitalization$787.74 millionP/E Ratio4.19Dividend Yield4.28%Beta1.63 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsInsider TradesInstitutional OwnershipHeadlinesSocial Media BrightSphere Investment Group plc 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 OM Asset Management plc. BrightSphere Investment Group plc operates as a former subsidiary of Old Mutual Global Investors.Read More Beat the Market (BTM) Rank™ 3.1 Analyst's Opinion Consensus RatingBrightsphere Investment Group has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 2 buy ratings, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.75, Brightsphere Investment Group has a potential upside of 31.0% from its current price of $9.73.Amount of Analyst CoverageBrightsphere Investment Group has only been the subject of 4 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesBrightsphere Investment Group has received 133 “outperform” votes. (Add your “outperform” vote.)Underperform VotesBrightsphere Investment Group has received 155 “underperform” votes. (Add your “underperform” vote.)Community SentimentBrightsphere Investment Group has received 53.82% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Brightsphere Investment Group and other stocks. Vote “Outperform” if you believe BSIG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BSIG will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipBrightsphere Investment Group is a leading dividend payer. It pays a dividend yield of 4.28%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBrightsphere Investment Group has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Brightsphere Investment Group is 22.60 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Brightsphere Investment Group will have a dividend payout ratio of 27.40 % next year. This indicates that Brightsphere Investment Group will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Brightsphere Investment Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 24.10% of the stock of Brightsphere Investment Group is held by insiders.Percentage Held by Institutions98.98% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Brightsphere Investment Group are expected to grow by 5.80% in the coming year, from $1.38 to $1.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Brightsphere Investment Group is 4.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Brightsphere Investment Group is 4.19, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.59.Price to Earnings Growth RatioBrightsphere Investment Group has a PEG Ratio of 0.95. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioBrightsphere Investment Group has a P/B Ratio of 7.98. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.1Community Rank: 2.3Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.44 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Investment advice Sub-IndustryN/A SectorFinance Current SymbolNYSE:BSIG Previous Symbol CUSIPN/A CIKN/A Webwww.bsig.com Phone44-20-7002-7000Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/APrice-To-Earnings Trailing P/E Ratio4.19 Forward P/E Ratio7.05 P/E Growth0.95 Sales & Book Value Annual Sales$819.50 million Price / Sales0.96 Cash Flow$2.09 per share Price / Cash Flow4.66 Book Value$1.22 per share Price / Book7.98Profitability EPS (Most Recent Fiscal Year)$1.77 Net Income$223.90 million Net Margins25.64% Return on Equity1,914.29% Return on Assets11.86%Miscellaneous Employees84 Outstanding Shares80,960,000Market Cap$787.74 million Next Earnings Date8/6/2020 (Estimated) OptionableNot Optionable BSIG Rates by TradingView Receive BSIG News and Ratings via Email Sign-up to receive the latest news and ratings for BSIG and its competitors with MarketBeat's FREE daily newsletter. Brightsphere Investment Group (NYSE:BSIG) Frequently Asked Questions How has Brightsphere Investment Group's stock been impacted by COVID-19 (Coronavirus)? Brightsphere Investment Group's stock was trading at $6.63 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, BSIG stock has increased by 46.8% and is now trading at $9.73. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Brightsphere Investment Group? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brightsphere Investment Group in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Brightsphere Investment Group. When is Brightsphere Investment Group's next earnings date? Brightsphere Investment Group is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Brightsphere Investment Group. How were Brightsphere Investment Group's earnings last quarter? Brightsphere Investment Group PLC (NYSE:BSIG) announced its quarterly earnings results on Thursday, May, 7th. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.36 by $0.04. The company earned $182.60 million during the quarter. Brightsphere Investment Group had a net margin of 25.64% and a return on equity of 1,914.29%. View Brightsphere Investment Group's earnings history. 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 Friday, May 8th. Investors of record on Friday, June 12th will be given a dividend of $0.01 per share on Friday, June 26th. This represents a $0.04 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date is Thursday, June 11th. View Brightsphere Investment Group's dividend history. What price target have analysts set for BSIG? 8 brokers have issued 12-month price targets for Brightsphere Investment Group's stock. Their forecasts range from $4.00 to $25.00. On average, they expect Brightsphere Investment Group's stock price to reach $12.75 in the next twelve months. This suggests a possible upside of 31.0% from the stock's current price. View analysts' price targets for Brightsphere Investment Group. Has Brightsphere Investment Group been receiving favorable news coverage? Media stories about BSIG stock have been trending positive on Friday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Brightsphere Investment Group earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutBrightsphere Investment Group. Are investors shorting Brightsphere Investment Group? Brightsphere Investment Group saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,810,000 shares, an increase of 12.4% from the April 30th total of 1,610,000 shares. Based on an average daily volume of 675,700 shares, the days-to-cover ratio is currently 2.7 days. Approximately 2.2% of the shares of the stock are short sold. View Brightsphere Investment Group's Current Options Chain. Who are some of Brightsphere Investment Group's key competitors? Some companies that are related to Brightsphere Investment Group include MAN GRP PLC/ADR (MNGPY), AllianceBernstein (AB), Federated Hermes (FHI), Evercore (EVR), Artisan Partners Asset Management (APAM), Moelis & Co (MC), Federated Investors (FII), Focus Financial Partners (FOCS), AssetMark Financial (AMK), Noah (NOAH), PJT Partners (PJT), Victory Capital (VCTR), Virtus Investment Partners (VRTS), Sculptor Capital Management (SCU) and Och-Ziff Capital Management Group (OZM). View all competitors. 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), Ring Energy (REI), Ring Energy (REI), Primo Water (PRMW), Ford Motor (F), Michaels Companies (MIK), Big Lots (BIG), AT&T (T) and AbbVie (ABBV). Who are Brightsphere Investment Group's key executives? Brightsphere Investment Group's management team includes the following people: Dr. Guang Yang Ph.D., Exec. Chairman, Pres & CEO (Age 55)Mr. Daniel K. Mahoney, Head of Fin. & Principal Accounting OfficerMr. Aidan John Riordan, Head of Affiliate Management and Exec. VP (Age 47)Mr. James J. Ritchie, Consultant (Age 64)Mr. Suren S. Rana, Chief Financial Officer (Age 38) What is Brightsphere Investment Group's stock symbol? Brightsphere Investment Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "BSIG." Who are Brightsphere Investment Group's major shareholders? Brightsphere Investment Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.23%), Jennison Associates LLC (4.83%), Deprince Race & Zollo Inc. (2.64%), Nuveen Asset Management LLC (2.00%), State Street Corp (1.76%) and Lord Abbett & CO. LLC (1.60%). Company insiders that own Brightsphere Investment Group stock include Aidan J Riordan, Daniel K Mahoney, Guang Yang, Hna Eagle Holdco Llc, John Paulson and Reginald Love. View institutional ownership trends for Brightsphere Investment Group. Which major investors are selling Brightsphere Investment Group stock? BSIG stock was sold by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Two Sigma Investments LP, Nuveen Asset Management LLC, Thrivent Financial for Lutherans, Squarepoint Ops LLC, UBS Group AG, State Street Corp, and Morgan Stanley. Company insiders that have sold Brightsphere Investment Group company stock in the last year include Daniel K Mahoney, and Reginald Love. View insider buying and selling activity for Brightsphere Investment Group. Which major investors are buying Brightsphere Investment Group stock? BSIG stock was bought by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Russell Investments Group Ltd., Soros Fund Management LLC, BlackRock Inc., Assenagon Asset Management S.A., Citigroup Inc., Mackay Shields LLC, and Invesco Ltd.. Company insiders that have bought Brightsphere Investment Group stock in the last two years include Guang Yang, and John Paulson. View insider buying and selling activity for Brightsphere Investment Group. How do I buy shares of Brightsphere Investment Group? Shares of BSIG 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 Brightsphere Investment Group's stock price today? One share of BSIG stock can currently be purchased for approximately $9.73. How big of a company is Brightsphere Investment Group? Brightsphere Investment Group has a market capitalization of $787.74 million and generates $819.50 million in revenue each year. The company earns $223.90 million in net income (profit) each year or $1.77 on an earnings per share basis. Brightsphere Investment Group employs 84 workers across the globe. What is Brightsphere Investment Group's official website? The official website for Brightsphere Investment Group is www.bsig.com. How can I contact Brightsphere Investment Group? Brightsphere Investment Group's mailing address is Millennium Bridge House 2 Lambeth Hill, London X0, EC4V 4GG. The company can be reached via phone at 44-20-7002-7000 or via email at [email protected] This page was last updated on 6/5/2020 by MarketBeat.com Staff
