NYSE:BSIG

BrightSphere Investment Group - BSIG Stock Forecast, Price & News

$20.16

+0.04 (+0.20%)

(As of 08/16/2022 12:00 AM ET)

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Today's Range: $20.00
▼
$20.35
50-Day Range: $17.06
▼
$20.67
52-Week Range: $16.62
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$31.17

Volume: 197,800 shs
Average Volume: 289,017 shs
Market Capitalization: $835.23 million

P/E Ratio: 4.49
Dividend Yield: 0.20%
Price Target: $27.33

BrightSphere Investment Group MarketRank™ Forecast

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 35.6% Upside
$27.33 Price Target
Short Interest: Bearish
6.04% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -0.08
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: -7.33%
From $1.91 to $1.77 Per Share

Overall MarketRank^™

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

2.53 out of 5 stars

Finance Sector

315th out of 924 stocks

Investment Advice Industry

23rd out of 49 stocks

3.2

Analyst's Opinion

Consensus Rating
BrightSphere Investment Group has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $27.33, BrightSphere Investment Group has a forecasted upside of 35.6% from its current price of $20.16.
Amount of Analyst Coverage
BrightSphere Investment Group has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
6.04% 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 6.2.
Change versus previous month
Short interest in BrightSphere Investment Group has recently decreased by 4.62%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Yield
BrightSphere Investment Group has a dividend yield of 0.20%, 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 0.89%. 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 2.26% next year. This indicates that BrightSphere Investment Group will be able to sustain or increase its dividend.

3.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
BrightSphere Investment Group has received a 49.94% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Life insurance services for individuals", "Consumer savings accounts provided by brick and mortar banks", and "Consumer transaction accounts provided by brick and mortar banks" products. See details.
Environmental Sustainability
The Environmental Impact score for BrightSphere Investment Group is -0.08.

N/A

News and Social Media Coverage

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
22.60% 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
98.74% 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.

1.3

Earnings and Valuation

Earnings Growth
Earnings for BrightSphere Investment Group are expected to decrease by -7.33% in the coming year, from $1.91 to $1.77 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of BrightSphere Investment Group is 4.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.27.
Price to Earnings Ratio vs. Sector
The P/E ratio of BrightSphere Investment Group is 4.49, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 144.66.

See Top Rated MarketRank™ Stocks Here

About BrightSphere Investment Group (NYSE:BSIG) Stock

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.

BrightSphere Investment Group Price Performance

Shares of NYSE:BSIG opened at $20.16 on Wednesday. The stock has a market capitalization of $835.23 million, a price-to-earnings ratio of 4.49 and a beta of 1.56. BrightSphere Investment Group has a 12 month low of $16.62 and a 12 month high of $31.17. The firm's 50 day simple moving average is $18.68 and its 200-day simple moving average is $21.16.

BrightSphere Investment Group (NYSE:BSIG - Get Rating) last released its quarterly earnings results on Thursday, July 28th. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.46 by ($0.05). BrightSphere Investment Group had a net margin of 65.73% and a return on equity of 46.17%. During the same quarter last year, the firm posted $0.40 earnings per share. Analysts anticipate that BrightSphere Investment Group will post 1.91 earnings per share for the current fiscal year.

BrightSphere Investment Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Friday, September 16th will be paid a $0.01 dividend. The ex-dividend date is Thursday, September 15th. This represents a $0.04 dividend on an annualized basis and a yield of 0.20%. BrightSphere Investment Group's dividend payout ratio is currently 0.89%.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley decreased their price objective on shares of BrightSphere Investment Group from $19.00 to $18.00 and set an "equal weight" rating for the company in a research report on Friday, July 29th. Three equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $27.33.

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BSIG Stock News Headlines

August 4, 2022 | americanbankingnews.com

Brokerages Set BrightSphere Investment Group Inc. (NYSE:BSIG) Target Price at $27.00

July 29, 2022 | markets.businessinsider.com

Where BrightSphere Investment Stands With Analysts

July 28, 2022 | finance.yahoo.com

BrightSphere Investment Group (BSIG) Surpasses Q2 Earnings Estimates

July 28, 2022 | finance.yahoo.com

BrightSphere Reports Financial and Operating Results for the Second Quarter Ended June 30, 2022

July 27, 2022 | americanbankingnews.com

BrightSphere Investment Group (BSIG) Set to Announce Earnings on Thursday

July 24, 2022 | americanbankingnews.com

Morgan Stanley Lowers BrightSphere Investment Group (NYSE:BSIG) Price Target to $19.00

July 22, 2022 | markets.businessinsider.com

Morgan Stanley Maintains Equal-Weight Rating for BrightSphere Investment: Here's What You Need To Know

July 13, 2022 | finance.yahoo.com

Acadian Announces Systematic Credit Initiative

July 11, 2022 | finance.yahoo.com

BrightSphere to Report Financial and Operating Results for the Second Quarter Ended June 30, 2022

June 21, 2022 | finance.yahoo.com

Third Avenue Management: “BrightSphere (BSIG) Has Been a Fruitful Special-Situation Investment Experience”

May 8, 2022 | finance.yahoo.com

Umpqua Holdings (NASDAQ:UMPQ) Will Pay A Dividend Of US$0.21

May 6, 2022 | finance.yahoo.com

Independent Director Luis Machuca Just Bought 12% More Shares In Umpqua Holdings Corporation (NASDAQ:UMPQ)

May 6, 2022 | finance.yahoo.com

Zacks Industry Outlook Highlights Ameriprise Financial, Affiliated Managers, BrightSphere Investment and Silvercrest Asset Management

May 5, 2022 | finance.yahoo.com

BrightSphere Investment Group (BSIG) Beats Q1 Earnings and Revenue Estimates

May 5, 2022 | finance.yahoo.com

BrightSphere Reports Financial and Operating Results for the First Quarter Ended March 31, 2022

April 28, 2022 | finance.yahoo.com

BrightSphere Investment Group (BSIG) Earnings Expected to Grow: Should You Buy?

April 28, 2022 | finance.yahoo.com

Down 16.5% in 4 Weeks, Here's Why You Should You Buy the Dip in BrightSphere Investment Group (BSIG)

April 15, 2022 | finance.yahoo.com

BrightSphere Investment Group (BSIG) Upgraded to Strong Buy: Here's Why

April 14, 2022 | finance.yahoo.com

BrightSphere to Report Financial and Operating Results for the First Quarter Ended March 31, 2022

March 11, 2022 | seekingalpha.com

BrightSphere Investment goes ex-dividend tomorrow

February 22, 2022 | nasdaq.com

BrightSphere Investment Group Inc. Common Stock (BSIG)

February 7, 2022 | finance.yahoo.com

Did Hedge Funds Catch A Break With BrightSphere Investment Group Inc (BSIG)?

February 4, 2022 | finance.yahoo.com

BrightSphere Investment Group (BSIG) Upgraded to Strong Buy: Here's What You Should Know

February 3, 2022 | finance.yahoo.com

Monarch Partners Asset Management LLC Buys Belden Inc, Xenia Hotels & Resorts Inc, Wintrust ...

February 3, 2022 | finance.yahoo.com

BrightSphere Investment Group (BSIG) Q4 Earnings and Revenues Top Estimates

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BSIG Company Calendar

Ex-Dividend for 6/24 Dividend: 6/09/2022
Dividend Payable: 6/24/2022
Last Earnings: 7/28/2022
Today: 8/17/2022
Ex-Dividend for 9/30 Dividend: 9/15/2022
Dividend Payable: 9/30/2022
Next Earnings (Estimated): 10/27/2022
Fiscal Year End: 12/31/2022

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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: 24
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $27.33
High Stock Price Forecast: $32.00
Low Stock Price Forecast: $18.00
Forecasted Upside/Downside: +35.6%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.49
Trailing P/E Ratio: 4.49
Forward P/E Ratio: 10.55
P/E Growth: N/A
Net Income: $828.40 million
Net Margins: 65.73%
Pretax Margin: 39.02%
Return on Equity: 46.17%
Return on Assets: 11.72%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.68
Quick Ratio: 0.68

Sales & Book Value

Annual Sales: $545.30 million
Price / Sales: 1.53
Cash Flow: $3.23 per share
Price / Cash Flow: 6.25
Book Value: ($1.71) per share
Price / Book: -11.79

Miscellaneous

Outstanding Shares: 41,430,000
Free Float: 32,070,000
Market Cap: $835.23 million
Optionable: Not Optionable
Beta: 1.56

Key Executives

Mr. Suren S. Rana (Age 42)
CEO, Pres & Director
Comp: $12.7M
Ms. Christina Wiater (Age 40)
Sr. VP, Principal Financial & Accounting Officer, Chief Accounting Officer and Controller
Comp: $1.32M
Mr. Richard J. Hart (Age 45)
Exec. VP, Chief Legal Officer & Sec.
Comp: $1.27M
Dr. Brendan O'Brien Bradley Ph.D.
Acadian Exec. VP & Chief Investment Officer
Mr. Elie Sugarman
Head of Strategy & Corp. Devel.
Ms. Tracy Aber
Head of HR
Mr. Trevedi Tewari
Head of Institutional Bus. of United Kingdom & Ireland
Mr. Olivier Lebleu
Head of International Bus.
Mr. Steve Coyle
Sr. VP and Director of Subadvisory & Institutional Retirement
Mr. Robert Campbell
Head of Information Technology

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BSIG Stock - Frequently Asked Questions

Should I buy or sell BrightSphere Investment Group stock right now?: 3 Wall Street equities 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 equities 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.
View BSIG analyst ratings or view top-rated stocks.
What is BrightSphere Investment Group's stock price forecast for 2022?: 3 brokers have issued 12 month target prices for BrightSphere Investment Group's stock. Their BSIG share price forecasts range from $18.00 to $32.00. On average, they predict the company's share price to reach $27.33 in the next year. This suggests a possible upside of 35.6% 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 2022?: BrightSphere Investment Group's stock was trading at $25.27 at the start of the year. Since then, BSIG shares have decreased by 20.2% and is now trading at $20.16.
View the best growth stocks for 2022 here.
Are investors shorting BrightSphere Investment Group?: BrightSphere Investment Group saw a increase in short interest during 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 short-interest ratio is presently 6.1 days. Approximately 6.3% of the company's shares are short sold.
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, October 27th 2022.
View our BSIG earnings forecast.
How were BrightSphere Investment Group's earnings last quarter?: BrightSphere Investment Group Inc. (NYSE:BSIG) issued its quarterly earnings results on Thursday, July, 28th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by $0.05. BrightSphere Investment Group had a net margin of 65.73% and a trailing twelve-month return on equity of 46.17%. During the same quarter in the prior year, the firm earned $0.40 EPS.

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, July 29th. Shareholders 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 dividend on an annualized basis and a dividend yield of 0.20%. The ex-dividend date of this dividend is Thursday, September 15th.
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 0.20%. 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.
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).
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 many different institutional and retail investors. Top institutional investors include FMR LLC (6.04%), William Blair Investment Management LLC (3.30%), State Street Corp (3.06%), Jennison Associates LLC (2.60%), Vaughan Nelson Investment Management L.P. (1.60%) and Maltese Capital Management LLC (1.01%). Insiders that own company stock include Daniel K Mahoney, Guang Yang, 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.
What is BrightSphere Investment Group's stock price today?: One share of BSIG stock can currently be purchased for approximately $20.16.
How much money does BrightSphere Investment Group make?: BrightSphere Investment Group (NYSE:BSIG) has a market capitalization of $835.31 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.
How can I contact BrightSphere Investment Group?: 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.

This page (NYSE:BSIG) was last updated on 8/17/2022 by MarketBeat.com Staff

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