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NYSEAMERICAN:BRGBluerock Residential Growth REIT Stock Price, Forecast & News

$7.56
+0.04 (+0.53 %)
(As of 08/14/2020 04:00 PM ET)
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Today's Range
$7.42
Now: $7.56
$7.66
50-Day Range N/A
52-Week Range
$3.79
Now: $7.56
$12.65
Volume91,063 shs
Average Volume279,448 shs
Market Capitalization$186.12 million
P/E RatioN/A
Dividend Yield8.64%
BetaN/A
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 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.
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Bluerock Residential Growth REIT logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 2.9Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.11 out of 5 stars


Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN
Industry REIT - Residential
Sub-IndustryN/A
Current SymbolNYSEAMERICAN:BRG
CUSIPN/A
Phone+1-212-8431601

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Market Cap$186.12 million
Next Earnings Date11/3/2020 (Estimated)
OptionableOptionable
$7.56
+0.04 (+0.53 %)
(As of 08/14/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Bluerock Residential Growth REIT (NYSEAMERICAN:BRG) Frequently Asked Questions

Do Wall Street analysts recommend investors buy shares of Bluerock Residential Growth REIT?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bluerock Residential Growth REIT in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Bluerock Residential Growth REIT
.

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

Bluerock Residential Growth REIT is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Bluerock Residential Growth REIT
.

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

Bluerock Residential Growth REIT Inc (NYSEAMERICAN:BRG) released its quarterly earnings results on Monday, August, 10th. The financial services provider reported $0.61 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.08 by $0.53.
View Bluerock Residential Growth REIT's earnings history
.

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

Bluerock Residential Growth REIT declared a quarterly dividend on Tuesday, May 12th. Stockholders of record on Thursday, June 25th will be given a dividend of $0.1625 per share on Thursday, July 2nd. This represents a $0.65 annualized dividend and a yield of 8.60%. The ex-dividend date is Wednesday, June 24th.
View Bluerock Residential Growth REIT's dividend history
.

What price target have analysts set for BRG?

3 equities research analysts have issued 12-month price objectives for Bluerock Residential Growth REIT's shares. Their forecasts range from $5.00 to $8.00. On average, they anticipate Bluerock Residential Growth REIT's share price to reach $6.67 in the next twelve months. This suggests that the stock has a possible downside of 11.8%.
View analysts' price targets for Bluerock Residential Growth REIT
.

Has Bluerock Residential Growth REIT been receiving favorable news coverage?

Headlines about BRG stock have been trending positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Bluerock Residential Growth REIT earned a daily sentiment score of 2.4 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near term.
View the latest news about Bluerock Residential Growth REIT
.

Are investors shorting Bluerock Residential Growth REIT?

Bluerock Residential Growth REIT saw a increase in short interest in June. As of June 30th, there was short interest totaling 594,900 shares, an increase of 30.3% from the June 15th total of 456,700 shares. Based on an average daily volume of 315,700 shares, the short-interest ratio is currently 1.9 days.
View Bluerock Residential Growth REIT's Short Interest
.

Who are some of Bluerock Residential Growth REIT's key competitors?

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), NY MTG TR INC/SH (NYMT), New Residential Investment (NRZ), CHIMERA INVT CO/SH NEW (CIM), ARMOUR Residential REIT (ARR), ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Macerich (MAC), OFS Capital (OFS) and Colony Capital (CLNY).

Who are Bluerock Residential Growth REIT's key executives?

Bluerock Residential Growth REIT's management team includes the following people:
  • Mr. R. Ramin Kamfar, Chairman & CEO (Age 56)
  • Mr. Jordan B. Ruddy, Pres & COO (Age 56)
  • Mr. Christopher J. Vohs CPA, CFO & Treasurer (Age 43)
  • Mr. James G. Babb III, Chief Investment Officer (Age 54)
  • Mr. Michael L. Konig Esq., Chief Legal Officer & Sec. (Age 59)

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 institutional and retail investors. Top institutional shareholders include Macquarie Group Ltd. (0.87%), Cambridge Investment Research Advisors Inc. (0.88%), Sunbelt Securities Inc. (0.64%), UBS Group AG (0.39%), Orinda Asset Management LLC (0.38%) and Advisor Group Holdings Inc. (0.30%). Company insiders that own Bluerock Residential Growth REIT stock include Christopher J Vohs, Fisher Steven, James G Babb III, Michael Difranco, Ramin Kamfar, Romano Tio and Ryan S Macdonald.
View institutional ownership trends for Bluerock Residential Growth REIT
.

Which institutional investors are selling Bluerock Residential Growth REIT stock?

BRG stock was sold by a variety of institutional investors in the last quarter, including D.A. Davidson & CO., Bessemer Group Inc., WINTON GROUP Ltd, Goldman Sachs Group Inc., Hancock Whitney Corp, Bowling Portfolio Management LLC, Orinda Asset Management LLC, and Man Group plc.
View insider buying and selling activity for Bluerock Residential Growth REIT
.

Which institutional investors are buying Bluerock Residential Growth REIT stock?

BRG stock was bought by a variety of institutional investors in the last quarter, including Cambridge Investment Research Advisors Inc., StrategIQ Financial Group LLC, Lido Advisors LLC, Sunbelt Securities Inc., UBS Group AG, Beacon Financial Advisory LLC, Kovack Advisors Inc., and Macquarie Group Ltd.. Company insiders that have bought Bluerock Residential Growth REIT stock in the last two years include Christopher J Vohs, Fisher Steven, James G Babb III, Michael Difranco, Ramin Kamfar, Romano Tio, and Ryan S Macdonald.
View insider buying and selling activity for Bluerock Residential Growth REIT
.

How do I buy shares of Bluerock Residential Growth REIT?

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, Robinhood, Fidelity, and Charles Schwab.

What is Bluerock Residential Growth REIT's stock price today?

One share of BRG stock can currently be purchased for approximately $7.56.

How big of a company is Bluerock Residential Growth REIT?

Bluerock Residential Growth REIT has a market capitalization of $186.12 million.

What is Bluerock Residential Growth REIT's official website?

The official website for Bluerock Residential Growth REIT is bluerockresidential.com.

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 financial services provider can be reached via phone at +1-212-8431601.

This page was last updated on 8/15/2020 by MarketBeat.com Staff

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