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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
US Dollar Replaced By "Biden Bucks"? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Former Deutsche Bank Co-CEO Anshu Jain dies
Germany urged to cap heat in offices this winter to save gas
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
US Dollar Replaced By "Biden Bucks"? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Former Deutsche Bank Co-CEO Anshu Jain dies
Germany urged to cap heat in offices this winter to save gas
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
US Dollar Replaced By "Biden Bucks"? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Former Deutsche Bank Co-CEO Anshu Jain dies
Germany urged to cap heat in offices this winter to save gas
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
NYSEAMERICAN:BRG

Bluerock Residential Growth REIT - BRG Stock Forecast, Price & News

$26.11
+0.20 (+0.77%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$25.95
$26.16
50-Day Range
N/A
52-Week Range
$10.41
$27.48
Volume
345,056 shs
Average Volume
323,870 shs
Market Capitalization
$796.54 million
P/E Ratio
237.36
Dividend Yield
2.51%
Price Target
$27.00

Bluerock Residential Growth REIT MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
3.4% Upside
$27.00 Price Target
Short Interest
Healthy
4.98% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$38,208 Sold Last Quarter
Proj. Earnings Growth
-3.57%
From $0.28 to $0.27 Per Share

Overall MarketRank

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

1.36 out of 5 stars

BRG stock logo

About Bluerock Residential Growth REIT (NYSEAMERICAN:BRG) Stock

Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) is a real estate investment trust that focuses on developing and acquiring a diversified portfolio of institutional-quality highly amenitized live/work/play apartment communities in demographically attractive knowledge economy growth markets to appeal to the renter by choice. The Company's objective is to generate value through off-market/relationship-based transactions and, at the asset level, through value-add improvements to properties and to operations. The Company is included in the Russell 2000 and Russell 3000 Indexes. BRG has elected to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes. Bluerock Residential Growth REIT, Inc. operates as a subsidiary of Bluerock Multifamily Advisor, LLC.

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BRG Stock News Headlines

BRG_pc Technical Analysis
Bluerock Residential Growth REIT Inc Class A
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BRG Company Calendar

Last Earnings
5/10/2022
Ex-Dividend for 7/5 Dividend
6/23/2022
Dividend Payable
7/05/2022
Today
8/14/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Current Symbol
NYSEAMERICAN:BRG
Fax
N/A
Employees
2,018
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$27.00
High Stock Price Forecast
$27.00
Low Stock Price Forecast
$27.00
Forecasted Upside/Downside
+3.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$30.64 million
Pretax Margin
46.94%

Debt

Sales & Book Value

Annual Sales
$219.85 million
Cash Flow
$4.01 per share
Book Value
$0.54 per share

Miscellaneous

Free Float
25,346,000
Market Cap
$796.54 million
Optionable
Optionable
Beta
1.00

Key Executives

  • Mr. Robert Ramin Kamfar (Age 59)
    Chairman & CEO
    Comp: $600k
  • Mr. Jordan B. Ruddy (Age 59)
    Pres & COO
    Comp: $350k
  • Mr. Christopher J. Vohs CPA (Age 46)
    CFO & Treasurer
    Comp: $280k
  • Mr. Ryan S. MacDonald (Age 39)
    Chief Investment Officer
    Comp: $450k
  • Mr. Michael L. Konig Esq. (Age 62)
    Chief Legal Officer & Sec.
    Comp: $325k
  • Mr. James Greer Babb III (Age 57)
    Chief Strategy Officer
    Comp: $325k
  • Mr. Josh Hoffman
    Sr. VP of Operations
  • Mr. Brian D. Bailey (Age 55)
    Advisor
  • Mr. Michael DiFranco (Age 57)
    Exec. VP of Operations
  • Mr. Gary T. Kachadurian (Age 72)
    Advisor













BRG Stock - Frequently Asked Questions

Should I buy or sell Bluerock Residential Growth REIT stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bluerock Residential Growth REIT in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BRG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BRG, but not buy additional shares or sell existing shares.
View BRG analyst ratings
or view top-rated stocks.

What is Bluerock Residential Growth REIT's stock price forecast for 2022?

2 brokerages have issued 12 month price objectives for Bluerock Residential Growth REIT's stock. Their BRG share price forecasts range from $27.00 to $27.00. On average, they expect the company's share price to reach $27.00 in the next year. This suggests a possible upside of 3.4% from the stock's current price.
View analysts price targets for BRG
or view top-rated stocks among Wall Street analysts.

How have BRG shares performed in 2022?

Bluerock Residential Growth REIT's stock was trading at $26.53 at the beginning of the year. Since then, BRG stock has decreased by 1.6% and is now trading at $26.11.
View the best growth stocks for 2022 here
.

Are investors shorting Bluerock Residential Growth REIT?

Bluerock Residential Growth REIT saw a decrease in short interest in July. As of July 31st, there was short interest totaling 1,520,000 shares, a decrease of 11.6% from the July 15th total of 1,720,000 shares. Based on an average trading volume of 384,400 shares, the days-to-cover ratio is currently 4.0 days.
View Bluerock Residential Growth REIT's Short Interest
.

When is Bluerock Residential Growth REIT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our BRG earnings forecast
.

How were Bluerock Residential Growth REIT's earnings last quarter?

Bluerock Residential Growth REIT, Inc. (NYSEAMERICAN:BRG) announced its quarterly earnings data on Tuesday, May, 10th. The financial services provider reported ($0.55) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.55). Bluerock Residential Growth REIT had a trailing twelve-month return on equity of 113.23% and a net margin of 36.35%.

How often does Bluerock Residential Growth REIT pay dividends? What is the dividend yield for Bluerock Residential Growth REIT?

Bluerock Residential Growth REIT announced a quarterly dividend on Tuesday, June 14th. Stockholders of record on Friday, June 24th will be paid a dividend of $0.1625 per share on Tuesday, July 5th. This represents a $0.65 dividend on an annualized basis and a yield of 2.49%. The ex-dividend date of this dividend is Thursday, June 23rd.
Read our dividend analysis for BRG
.

Is Bluerock Residential Growth REIT a good dividend stock?

Bluerock Residential Growth REIT (NYSEAMERICAN:BRG) pays an annual dividend of $0.65 per share and currently has a dividend yield of 2.51%. The dividend payout ratio is 590.91%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, BRG will have a dividend payout ratio of 240.74% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for BRG.

What other stocks do shareholders of Bluerock Residential Growth REIT own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Bluerock Residential Growth REIT investors own include NGL Energy Partners (NGL), New York Mortgage Trust (NYMT), New Residential Investment (NRZ), AGNC Investment (AGNC), ARMOUR Residential REIT (ARR), Chimera Investment (CIM), Annaly Capital Management (NLY), Macerich (MAC), OFS Capital (OFS) and AMC Entertainment (AMC).

What is Bluerock Residential Growth REIT's stock symbol?

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

Who are Bluerock Residential Growth REIT's major shareholders?

Bluerock Residential Growth REIT's stock is owned by a number of retail and institutional investors. Top institutional investors include Alpine Associates Management Inc. (2.79%), Kennedy Capital Management Inc. (0.98%), Northern Trust Corp (0.94%), Ursa Fund Management LLC (0.00%), Equitec Proprietary Markets LLC (0.00%) and Bard Associates Inc. (0.48%). Insiders that own company stock include Christopher J Vohs, Fisher Steven, James G Babb III, Michael Difranco, Michael L Konig, Ramin Kamfar, Romano Tio and Ryan S Macdonald.
View institutional ownership trends
.

How do I buy shares of Bluerock Residential Growth REIT?

Shares of BRG 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 Bluerock Residential Growth REIT's stock price today?

One share of BRG stock can currently be purchased for approximately $26.11.

How much money does Bluerock Residential Growth REIT make?

Bluerock Residential Growth REIT (NYSEAMERICAN:BRG) has a market capitalization of $796.54 million and generates $219.85 million in revenue each year. The financial services provider earns $30.64 million in net income (profit) each year or $0.11 on an earnings per share basis.

How many employees does Bluerock Residential Growth REIT have?

The company employs 2,018 workers across the globe.

How can I contact Bluerock Residential Growth REIT?

Bluerock Residential Growth REIT's mailing address is 712 5th Ave Fl 9, NEW YORK, NY 10019-4108, United States. The official website for the company is bluerockresidential.com. The financial services provider can be reached via phone at (212) 843-1601 or via email at investor.relations@bluerockre.com.

This page (NYSEAMERICAN:BRG) was last updated on 8/14/2022 by MarketBeat.com Staff

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