NYSEAMERICAN:BRG - Bluerock Residential Stock Price, Price Target & More

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

Bluerock Residential announced a quarterly dividend on Friday, December 22nd. Shareholders of record on Friday, March 23rd will be given a dividend of $0.1625 per share on Thursday, April 5th. This represents a $0.65 annualized dividend and a yield of 7.52%. The ex-dividend date of this dividend is Thursday, March 22nd. View Bluerock Residential's Dividend History.

Bluerock Residential announced that its Board of Directors has approved a stock repurchase plan 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. Stock buyback plans are usually a sign that the company's board believes its stock is undervalued.

Bluerock Residential (NYSEAMERICAN:BRG) announced its quarterly earnings results on Wednesday, February, 14th. The financial services provider reported ($1.87) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.04 by $1.91. The financial services provider earned $36.45 million during the quarter, compared to analyst estimates of $34.95 million. Bluerock Residential had a negative net margin of 129.33% and a negative return on equity of 98.46%. View Bluerock Residential's Earnings History.

4 brokers have issued 12 month target prices for Bluerock Residential's shares. Their predictions range from $11.50 to $13.00. On average, they expect Bluerock Residential's share price to reach $12.25 in the next twelve months. View Analyst Ratings for Bluerock Residential.

Bluerock Residential saw a increase in short interest in March. As of March 29th, there was short interest totalling 2,661,680 shares, an increase of 7.8% from the March 15th total of 2,469,000 shares. Based on an average daily volume of 231,229 shares, the days-to-cover ratio is presently 11.5 days. Approximately 11.1% of the company's shares are sold short.

News headlines about BRG stock have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Bluerock Residential earned a news impact score of 0.16 on Accern's scale. They also gave media stories about the financial services provider an impact score of 46.54 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

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 $8.64.

Bluerock Residential has a market capitalization of $201.76 million.

Bluerock Residential'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.