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 paid a dividend of $0.1625 per share on Thursday, April 5th. This represents a $0.65 annualized dividend and a dividend yield of 7.42%. The ex-dividend date of this dividend is Thursday, March 22nd. View Bluerock Residential's Dividend History.

Bluerock Residential declared that its board has approved a share buyback program on Thursday, February 15th 2018, which authorizes the company to repurchase $25,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's management believes its shares are undervalued.

Bluerock Residential (NYSEAMERICAN:BRG) posted its quarterly earnings results on Wednesday, February, 14th. The financial services provider reported ($1.87) earnings per share for the quarter, missing the Thomson Reuters' 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 return on equity of 98.46% and a negative net margin of 129.33%. View Bluerock Residential's Earnings History.

4 brokers have issued 1 year target prices for Bluerock Residential's stock. Their forecasts range from $11.50 to $13.00. On average, they anticipate Bluerock Residential's stock price to reach $12.25 in the next twelve months. View Analyst Ratings for Bluerock Residential.

Bluerock Residential saw a increase in short interest during the month of 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 trading volume, of 231,229 shares, the short-interest ratio is presently 11.5 days. Currently, 11.1% of the shares of the company are sold short.

Some companies that are related to Bluerock Residential include Consolidated-Tomoka Land (CTO), Sierra Metals (SMTS), Golden Star Resources (GSS), SafeStitch Medical (TRXC), Polymet Mining (PLM), Taseko Mines (TGB), BioTime (BTX), 22nd Century Group (XXII), Protalix Biotherapeutics (PLX), Northern Dynasty Minerals (NAK), Corindus Vascular Robotics (CVRS), Evolution Petroleum (EPM), Denison Mines (DNN), Gold Resource (GORO), Klondex Mines (KLDX), VirnetX (VHC), Uranium Energy (UEC) and CRH Medical (CRHM).

Media headlines about BRG stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Bluerock Residential earned a media sentiment score of 0.03 on Accern's scale. They also gave news articles about the financial services provider an impact score of 45.42 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

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 $8.76.

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.