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. Stockholders 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 dividend yield of 7.47%. The ex-dividend date is Thursday, March 22nd. View Bluerock Residential's Dividend History.

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

Bluerock Residential (NYSEAMERICAN:BRG) issued its quarterly earnings results on Wednesday, February, 14th. The financial services provider reported ($1.87) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by $1.91. The financial services provider had revenue of $36.45 million for 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 brokerages have issued twelve-month price objectives for Bluerock Residential's stock. Their predictions range from $11.50 to $13.00. On average, they expect Bluerock Residential's stock price to reach $12.25 in the next year. 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 volume of 231,229 shares, the short-interest ratio is presently 11.5 days. Currently, 11.1% of the company's stock 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).

News headlines about BRG stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Bluerock Residential earned a news impact score of 0.19 on Accern's scale. They also gave news coverage about the financial services provider an impact score of 46.63 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company'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 $8.70.

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.