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 Core+ improvements to properties and 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. For more information, please visit the Company's website at www.bluerockresidential.com.
Industry, Sector and Symbol
Industry REIT - Residential
Sub-IndustryN/A
SectorReal Estate
SymbolNYSEAMERICAN:BRG
CUSIPN/A
Phone+1-212-8431601
Debt
Debt-to-Equity Ratio2.47
Current Ratio304.45
Quick Ratio304.45
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins-129.33%
Return on Equity-98.46%
Return on Assets-11.72%
Miscellaneous
EmployeesN/A
Outstanding Shares23,760,000
Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN:BRG) Frequently Asked Questions
What is Bluerock Residential Growth REIT Inc Class A's stock symbol?
Bluerock Residential Growth REIT Inc Class A trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "BRG."
How often does Bluerock Residential Growth REIT Inc Class A pay dividends? What is the dividend yield for Bluerock Residential Growth REIT Inc Class A?
Bluerock Residential Growth REIT Inc Class A announced a quarterly dividend on Monday, June 11th. Shareholders 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 dividend on an annualized basis and a yield of 7.25%. The ex-dividend date of this dividend is Friday, June 22nd. View Bluerock Residential Growth REIT Inc Class A's Dividend History.
How will Bluerock Residential Growth REIT Inc Class A's stock buyback program work?
Bluerock Residential Growth REIT Inc Class A declared that its board has initiated a stock buyback program on Thursday, February 15th 2018, which permits the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company's board believes its shares are undervalued.
How were Bluerock Residential Growth REIT Inc Class A's earnings last quarter?
Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN:BRG) announced its earnings results on Tuesday, May, 8th. The financial services provider reported ($0.40) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.34) by $0.06. The financial services provider earned $41.87 million during the quarter, compared to the consensus estimate 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.
What price target have analysts set for BRG?
Are investors shorting Bluerock Residential Growth REIT Inc Class A?
Bluerock Residential Growth REIT Inc Class A saw a decline in short interest in May. As of May 31st, there was short interest totalling 2,191,315 shares, a decline of 8.9% from the May 15th total of 2,405,480 shares. Based on an average trading volume of 134,187 shares, the days-to-cover ratio is presently 16.3 days. Approximately 9.3% of the shares of the stock are sold short. View Bluerock Residential Growth REIT Inc Class A's Current Options Chain.
Who are some of Bluerock Residential Growth REIT Inc Class A's key competitors?
Who are Bluerock Residential Growth REIT Inc Class A's key executives?
Bluerock Residential Growth REIT Inc Class A's management team includes the folowing people:
- Mr. R. Ramin Kamfar, Chairman & CEO (Age 55)
- Mr. Jordan B. Ruddy, Pres & COO (Age 55)
- Mr. Christopher J. Vohs CPA, CFO & Treasurer (Age 42)
- Mr. James G. Babb III, Chief Investment Officer (Age 53)
- Mr. Michael L. Konig Esq., Gen. Counsel & Sec. (Age 58)
Has Bluerock Residential Growth REIT Inc Class A been receiving favorable news coverage?
Media coverage about BRG stock has been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Bluerock Residential Growth REIT Inc Class A earned a news impact score of 0.11 on Accern's scale. They also gave news stories about the financial services provider an impact score of 45.24 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Bluerock Residential Growth REIT Inc Class A's major shareholders?
Bluerock Residential Growth REIT Inc Class A's stock is owned by many different of retail and institutional investors. Top institutional investors 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.
Which major investors are selling Bluerock Residential Growth REIT Inc Class A stock?
Which major investors are buying Bluerock Residential Growth REIT Inc Class A stock?
How do I buy shares of 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.
What is Bluerock Residential Growth REIT Inc Class A's stock price today?
One share of BRG stock can currently be purchased for approximately $8.96.
How big of a company is Bluerock Residential Growth REIT Inc Class A?
Bluerock Residential Growth REIT Inc Class A has a market capitalization of $201.76 million.
How can I contact Bluerock Residential Growth REIT Inc Class A?
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.
MarketBeat Community Rating for Bluerock Residential Growth REIT Inc Class A (BRG)
MarketBeat's community ratings are surveys of what our community members think about Bluerock Residential Growth REIT Inc Class A and other stocks. Vote "Outperform" if you believe BRG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BRG will underperform the S&P 500 over the long term. You may vote once every thirty days.
