NYSEAMERICAN:BRG - Bluerock Residential Growth REIT Inc Class A Stock Price, Price Target & More

Bluerock Residential Growth REIT Inc Class A trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "BRG."

Bluerock Residential Growth REIT Inc Class A declared a quarterly dividend on Monday, June 11th. Stockholders of record on Monday, June 25th will be paid a dividend of $0.1625 per share on Thursday, July 5th. This represents a $0.65 annualized dividend and a dividend yield of 7.15%. The ex-dividend date is Friday, June 22nd. View Bluerock Residential Growth REIT Inc Class A's Dividend History.

Bluerock Residential Growth REIT Inc Class A announced that its Board of Directors has initiated a stock repurchase program on Thursday, February 15th 2018, which allows the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its stock is undervalued.

Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN:BRG) posted its earnings results on Tuesday, May, 8th. The financial services provider reported ($0.40) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.34) by $0.06. The financial services provider had revenue of $41.87 million for the quarter, compared to analysts' expectations of $39.94 million. Bluerock Residential Growth REIT Inc Class A had a negative net margin of 129.33% and a negative return on equity of 98.46%. View Bluerock Residential Growth REIT Inc Class A's Earnings History.

5 equities research analysts have issued 12-month price targets for Bluerock Residential Growth REIT Inc Class A's shares. Their forecasts range from $11.00 to $13.00. On average, they anticipate Bluerock Residential Growth REIT Inc Class A's stock price to reach $11.8333 in the next twelve months. View Analyst Ratings for Bluerock Residential Growth REIT Inc Class A.

Bluerock Residential Growth REIT Inc Class A saw a decrease in short interest in the month of May. As of May 31st, there was short interest totalling 2,191,315 shares, a decrease of 8.9% from the May 15th total of 2,405,480 shares. Based on an average daily volume of 134,187 shares, the days-to-cover ratio is presently 16.3 days. Approximately 9.3% of the shares of the company are sold short.

Some companies that are related to Bluerock Residential Growth REIT Inc Class A include Empiric Student Property (ESP), Pure Multi-Family REIT (PMULF), Sigma Capital Group (SGM), First Real Estate Investment Trust of NJ (FREVS), KCR Residential Reit (KCR), CIVS SOCI / RED PREF (CSHC) and Ingenia Communities Group (INA).

Media headlines about BRG stock have trended positive recently, Accern Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Bluerock Residential Growth REIT Inc Class A earned a coverage optimism score of 0.48 on Accern's scale. They also assigned press coverage about the financial services provider an impact score of 45.56 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Bluerock Residential Growth REIT Inc Class A's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.20%), Centaurus Financial Inc. (3.66%), Highland Capital Management LP (3.33%), D.A. Davidson & CO. (2.00%), Dimensional Fund Advisors LP (1.44%) and Northern Trust Corp (1.06%). View Institutional Ownership Trends for Bluerock Residential Growth REIT Inc Class A.

BRG stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BB&T Securities LLC, State of New Jersey Common Pension Fund D, Thrivent Financial for Lutherans, BlackRock Inc., EJF Capital LLC, Millennium Management LLC and Strategic Wealth Advisors Group LLC. View Insider Buying and Selling for Bluerock Residential Growth REIT Inc Class A.

BRG stock was acquired by a variety of institutional investors in the last quarter, including Highland Capital Management LP, Centaurus Financial Inc., D.A. Davidson & CO., Citadel Advisors LLC, Trellus Management Company LLC, Sunbelt Securities Inc., Oppenheimer & Co. Inc. and Dimensional Fund Advisors LP. View Insider Buying and Selling for Bluerock Residential Growth REIT Inc Class A.

Shares of BRG 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, Scottrade, Fidelity and Charles Schwab.

One share of BRG stock can currently be purchased for approximately $9.09.

Bluerock Residential Growth REIT Inc Class A has a market capitalization of $201.76 million.

Bluerock Residential Growth REIT Inc Class A's mailing address is 712 5th Ave Fl 9, NEW YORK, NY 10019-4108, United States. The financial services provider can be reached via phone at +1-212-8431601.