NYSEAMERICAN:BRG - Bluerock Residential Growth REIT Inc Class A Stock Price, Price Target & More

Bluerock Residential Growth REIT Inc Class A trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "BRG."

Bluerock Residential Growth REIT Inc Class A 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 dividend on an annualized basis and a yield of 7.34%. The ex-dividend date is Thursday, March 22nd. View Bluerock Residential Growth REIT Inc Class A's Dividend History.

Bluerock Residential Growth REIT Inc Class A declared that its Board of Directors has approved a share buyback plan on Thursday, February 15th 2018, which permits the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its stock is undervalued.

Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN:BRG) posted its earnings results on Tuesday, May, 8th. The financial services provider reported ($0.40) earnings per share for the quarter, missing the consensus estimate of ($0.34) by $0.06. The financial services provider had revenue of $41.87 million for the quarter, compared to analysts' expectations of $39.94 million. Bluerock Residential Growth REIT Inc Class A had a negative return on equity of 98.46% and a negative net margin of 129.33%. View Bluerock Residential Growth REIT Inc Class A's Earnings History.

4 Wall Street analysts have issued 12-month price targets for Bluerock Residential Growth REIT Inc Class A's shares. Their forecasts range from $11.50 to $13.00. On average, they anticipate Bluerock Residential Growth REIT Inc Class A's share price to reach $12.25 in the next year. View Analyst Ratings for Bluerock Residential Growth REIT Inc Class A.

Bluerock Residential Growth REIT Inc Class A saw a drop in short interest in the month of May. As of May 15th, there was short interest totalling 2,405,480 shares, a drop of 1.2% from the April 30th total of 2,434,625 shares. Based on an average daily volume of 196,277 shares, the short-interest ratio is presently 12.3 days. Approximately 10.0% of the company's shares are sold short.

Some companies that are related to Bluerock Residential Growth REIT Inc Class A include Empiric Student Property (ESP), Pure Multi-Family REIT (PMULF), Sigma Capital Group (SGM), First Real Estate Investment T (FREVS), KCR Residential REIT (KCR) and Ingenia Communities (INA).

Press coverage about BRG stock has been trending positive recently, Accern reports. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Bluerock Residential Growth REIT Inc Class A earned a news impact score of 0.31 on Accern's scale. They also assigned media stories about the financial services provider an impact score of 46.43 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Bluerock Residential Growth REIT Inc Class A's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders 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.

BRG stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BB&T Securities LLC, State of New Jersey Common Pension Fund D, Thrivent Financial for Lutherans, BlackRock Inc., EJF Capital LLC, Millennium Management LLC and Strategic Wealth Advisors Group LLC. View Insider Buying and Selling for Bluerock Residential Growth REIT Inc Class A.

BRG stock was bought by a variety of institutional investors in the last quarter, including Highland Capital Management LP, Centaurus Financial Inc., D.A. Davidson & CO., Citadel Advisors LLC, Trellus Management Company LLC, Sunbelt Securities Inc., Oppenheimer & Co. Inc. and Dimensional Fund Advisors LP. View Insider Buying and Selling for 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.

One share of BRG stock can currently be purchased for approximately $8.86.

Bluerock Residential Growth REIT Inc Class A has a market capitalization of $201.76 million.

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.