BrightSphere Investment Group - BSIG Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BrightSphere Investment Group in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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.
View BSIG analyst ratings or view top-rated stocks.

3 analysts have issued twelve-month price objectives for BrightSphere Investment Group's stock. Their BSIG share price forecasts range from $17.00 to $32.00. On average, they anticipate the company's share price to reach $27.00 in the next year. This suggests a possible upside of 70.2% from the stock's current price.
View analysts price targets for BSIG or view top-rated stocks among Wall Street analysts.

BrightSphere Investment Group's stock was trading at $25.27 on January 1st, 2022. Since then, BSIG shares have decreased by 37.2% and is now trading at $15.86.
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BrightSphere Investment Group saw a decrease in short interest in September. As of September 15th, there was short interest totaling 1,970,000 shares, a decrease of 18.6% from the August 31st total of 2,420,000 shares. Based on an average daily volume of 272,800 shares, the days-to-cover ratio is presently 7.2 days. Approximately 4.8% of the shares of the stock are short sold.
View BrightSphere Investment Group's Short Interest.

The company 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) announced its quarterly earnings data on Thursday, July, 28th. The company reported $0.41 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.05. The business had revenue of $95.50 million for the quarter, compared to analysts' expectations of $96.01 million. BrightSphere Investment Group had a net margin of 65.73% and a trailing twelve-month return on equity of 46.17%. During the same period last year, the business earned $0.40 EPS.

BrightSphere Investment Group announced a quarterly dividend on Friday, July 29th. Investors of record on Friday, September 16th will be paid a dividend of $0.01 per share on Friday, September 30th. This represents a $0.04 annualized dividend and a dividend yield of 0.25%. 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 0.25%. 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 2.50% 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."

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 $15.86.

BrightSphere Investment Group (NYSE:BSIG) has a market capitalization of $657.14 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'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.