Bluerock Residential Growth REIT Stock Price, News & Analysis (NYSEAMERICAN:BRG)

$7.74 +0.10 (+1.31 %)
(As of 02/23/2018 04:00 PM ET)
Previous Close$7.64
Today's Range$7.50 - $7.84
52-Week Range$7.02 - $13.77
Volume287,899 shs
Average Volume442,368 shs
Market Capitalization$194.14 million
P/E Ratio-4.18
Dividend Yield15.24%
Beta0.44

About Bluerock Residential Growth REIT (NYSEAMERICAN:BRG)

Bluerock Residential Growth REIT logoBluerock Residential Growth REIT, Inc. is a real estate investment trust. The Company is focused on acquiring a portfolio of residential real estate assets. As of December 31, 2016, the Company's portfolio consisted of interests in 31 properties (21 operating and 10 development properties). As of December 31, 2016, its properties contained an aggregate of 9,570 units, consisting of 6,972 operating units and 2,598 units under development. As of December 31, 2016, its operating properties included ARIUM at Palmer Ranch, Sarasota; ARIUM Grandewood, Orlando; ARIUM Gulfshore, Naples; ARIUM Palms, Orlando; ARIUM Pine Lakes, Port St. Lucie; ARIUM Westside, Atlanta; Ashton Reserve, Charlotte; Enders at Baldwin Park, Orlando; Fox Hill, Austin; Lansbrook Village, Palm Harbor; Legacy at Southpark, Austin; Nevadan, Atlanta; Roswell City Walk, Roswell; Sorrel, Frisco; Sovereign, Fort Worth; The Preserve at Henderson Beach, Destin; Village Green of Ann Arbor, Ann Arbor, and Whetstone, Durham.

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Industry, Sector and Symbol

Industry Residential REITs
Sub-IndustryN/A
SectorFinancials
SymbolNYSEAMERICAN:BRG
CUSIPN/A
Phone+1-212-8431601

Debt

Debt-to-Equity Ratio2.47%
Current Ratio304.45%
Quick Ratio304.45%

Price-To-Earnings

Trailing P/E Ratio-4.18378378378378
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPS($1.85)
Net IncomeN/A
Net Margins128.54%
Return on Equity30.92%
Return on Assets10.01%

Miscellaneous

EmployeesN/A
Outstanding Shares24,220,000

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

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."

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

Bluerock Residential Growth REIT 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 8.40%. The ex-dividend date of this dividend is Thursday, March 22nd. View Bluerock Residential Growth REIT's Dividend History.

How will Bluerock Residential Growth REIT's stock buyback program work?

Bluerock Residential Growth REIT announced that its Board of Directors has initiated a share repurchase program 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. Stock buyback programs are usually an indication that the company's management believes its stock is undervalued.

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

Bluerock Residential Growth REIT Inc (NYSEAMERICAN:BRG) posted its earnings results on Wednesday, February, 14th. The financial services provider reported ($1.87) EPS for the quarter, missing the consensus estimate of $0.04 by $1.91. The financial services provider earned $36.45 million during the quarter, compared to analysts' expectations of $34.95 million. Bluerock Residential Growth REIT had a net margin of 128.54% and a return on equity of 30.92%. View Bluerock Residential Growth REIT's Earnings History.

Where is Bluerock Residential Growth REIT's stock going? Where will Bluerock Residential Growth REIT's stock price be in 2018?

4 analysts have issued 1-year price objectives for Bluerock Residential Growth REIT's stock. Their predictions range from $11.50 to $13.00. On average, they expect Bluerock Residential Growth REIT's share price to reach $12.25 in the next year. View Analyst Ratings for Bluerock Residential Growth REIT.

Are investors shorting Bluerock Residential Growth REIT?

Bluerock Residential Growth REIT saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 1,853,414 shares, an increase of 11.5% from the January 12th total of 1,662,372 shares. Based on an average trading volume of 368,528 shares, the short-interest ratio is presently 5.0 days. Currently, 7.7% of the company's stock are short sold.

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

Who are Bluerock Residential Growth REIT's key executives?

Bluerock Residential Growth REIT's management team includes the folowing people:

  • R. Ramin Kamfar, Chairman of the Board, President, Chief Executive Officer (Age 53)
  • Michael L. Konig, Chief Operating Officer, General Counsel, Secretary (Age 56)
  • Christopher J. Vohs, Chief Accounting Officer, Treasurer (Age 41)
  • Gary T. Kachadurian, Director (Age 67)
  • Brian D. Bailey, Independent Director (Age 51)
  • I. Bobby Majumder, Independent Director (Age 48)
  • Romano Tio, Independent Director (Age 57)

Who owns Bluerock Residential Growth REIT stock?

Bluerock Residential Growth REIT's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (5.75%), Park West Asset Management LLC (2.73%), Kennedy Capital Management Inc. (2.29%), RMR Advisors LLC (1.45%), Orinda Asset Management LLC (1.36%) and Deutsche Bank AG (1.24%). View Institutional Ownership Trends for Bluerock Residential Growth REIT.

Who sold Bluerock Residential Growth REIT stock? Who is selling Bluerock Residential Growth REIT stock?

Bluerock Residential Growth REIT's stock was sold by a variety of institutional investors in the last quarter, including Orinda Asset Management LLC, BB&T Securities LLC, LPL Financial LLC and Thrivent Financial For Lutherans. View Insider Buying and Selling for Bluerock Residential Growth REIT.

Who bought Bluerock Residential Growth REIT stock? Who is buying Bluerock Residential Growth REIT stock?

Bluerock Residential Growth REIT's stock was purchased by a variety of institutional investors in the last quarter, including Park West Asset Management LLC, Renaissance Technologies LLC, Centaurus Financial Inc., Deutsche Bank AG, Millennium Management LLC, TIAA CREF Investment Management LLC, Victory Capital Management Inc. and Bank of New York Mellon Corp. View Insider Buying and Selling for Bluerock Residential Growth REIT.

How do I buy Bluerock Residential Growth REIT stock?

Shares of Bluerock Residential Growth REIT 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.

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

One share of Bluerock Residential Growth REIT stock can currently be purchased for approximately $7.74.

How big of a company is Bluerock Residential Growth REIT?

Bluerock Residential Growth REIT has a market capitalization of $194.14 million.

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.


MarketBeat Community Rating for Bluerock Residential Growth REIT (BRG)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  187 (Vote Outperform)
Underperform Votes:  103 (Vote Underperform)
Total Votes:  290
MarketBeat's community ratings are surveys of what our community members think about Bluerock Residential Growth REIT and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Bluerock Residential Growth REIT (NYSEAMERICAN:BRG) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyHoldN/AN/A
Consensus Rating Score: 2.752.00N/AN/A
Ratings Breakdown: 0 Sell Rating(s)
1 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $12.25N/AN/AN/A
Price Target Upside: 60.97% upsideN/AN/AN/A

Bluerock Residential Growth REIT (NYSEAMERICAN:BRG) Consensus Price Target History

Price Target History for Bluerock Residential Growth REIT (NYSEAMERICAN:BRG)

Bluerock Residential Growth REIT (NYSEAMERICAN:BRG) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetDetails
2/22/2018B. RileySet Price TargetBuy -> Buy$14.00 -> $11.50View Rating Details
2/20/2018National SecuritiesUpgradeNeutral -> BuyView Rating Details
2/15/2018Northland SecuritiesSet Price TargetBuy$13.00View Rating Details
12/12/2017Janney Montgomery ScottDowngradeBuy -> NeutralView Rating Details
(Data available from 2/23/2016 forward)

Earnings

Bluerock Residential Growth REIT (NYSEAMERICAN:BRG) Earnings History and Estimates Chart

Earnings by Quarter for Bluerock Residential Growth REIT (NYSEAMERICAN:BRG)

Bluerock Residential Growth REIT (NYSEAMERICAN BRG) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/14/2018Q4 2017$0.04($1.87)$34.95 million$36.45 millionViewN/AView Earnings Details
11/7/2017Q3 2017($0.03)($0.45)$26.41 million$30.06 millionViewN/AView Earnings Details
8/8/2017Q2 2017$0.04$0.67$25.54 million$27.05 millionViewN/AView Earnings Details
5/8/2017Q1 2017$0.14($0.20)$24.68 million$26.66 millionViewN/AView Earnings Details
2/16/2017Q4 2016$0.14($0.34)$20.82 million$22.39 millionViewN/AView Earnings Details
11/7/2016Q3 2016$0.05($0.12)$18.73 million$19.62 millionViewN/AView Earnings Details
8/8/2016Q2 2016$0.12($0.24)$17.82 million$18.40 millionViewN/AView Earnings Details
5/10/2016Q1 2016$0.13($0.20)$14.85 million$16.60 millionViewN/AView Earnings Details
2/24/2016Q4 2015$0.08($0.07)$11.70 million$13.20 millionViewN/AView Earnings Details
11/12/2015Q3 2015$0.15($0.03)$11.00 million$11.56 millionViewN/AView Earnings Details
8/11/2015Q2 2015$0.14($0.04)$10.46 million$10.47 millionViewN/AView Earnings Details
5/12/2015Q1 2015$0.26$9.04 millionViewN/AView Earnings Details
2/26/2015Q4 2014$0.29$9.82 millionViewN/AView Earnings Details
8/14/2014Q2 2014($0.77)$7.77 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

Bluerock Residential Growth REIT (NYSEAMERICAN:BRG) Earnings Estimates

2018 EPS Consensus Estimate: $0.43
2019 EPS Consensus Estimate: $0.80
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20181$0.10$0.10$0.10
Q2 20181$0.11$0.11$0.11
Q3 20181$0.11$0.11$0.11
Q4 20181$0.11$0.11$0.11
Q1 20191$0.19$0.19$0.19
Q2 20191$0.20$0.20$0.20
Q3 20191$0.20$0.20$0.20
Q4 20191$0.21$0.21$0.21
(Earnings estimates data provided by Zacks Investment Research)

Dividends

Bluerock Residential Growth REIT (NYSEAMERICAN:BRG) Dividend Information

Next Dividend:4/5/2018
Annual Dividend:$1.16
Dividend Yield:14.99%
Payout Ratio:-62.70% (Trailing 12 Months of Earnings)
Dividend Payments by Quarter for Bluerock Residential Growth REIT (NYSEAMERICAN:BRG)

Bluerock Residential Growth REIT (NYSEAMERICAN:BRG) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/22/2017quarterly$0.166.47%3/22/20183/23/20184/5/2018
10/13/2017$0.1012/21/201712/22/20171/5/2018
11/24/2017Monthly$0.1011/22/201711/24/201712/5/2017
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Bluerock Residential Growth REIT (NYSEAMERICAN BRG)

No insider trades for this company have been tracked by MarketBeat.com

Headlines

Bluerock Residential Growth REIT (NYSEAMERICAN BRG) News Headlines

Source:
DateHeadline
Research Analysts Issue Forecasts for Bluerock Residential Growth REIT Incs Q1 2019 Earnings (BRG)Research Analysts Issue Forecasts for Bluerock Residential Growth REIT Inc's Q1 2019 Earnings (BRG)
www.americanbankingnews.com - February 23 at 2:52 PM
Bluerock Residential Growth REIT (BRG) Upgraded by National Securities to BuyBluerock Residential Growth REIT (BRG) Upgraded by National Securities to Buy
www.americanbankingnews.com - February 20 at 3:07 PM
Bluerock Residential Growth REIT (BRG) Raised to Hold at Zacks Investment ResearchBluerock Residential Growth REIT (BRG) Raised to Hold at Zacks Investment Research
www.americanbankingnews.com - February 19 at 6:58 PM
Bluerock Residential Growth REIT Inc (BRG) to Post Q1 2018 Earnings of $0.10 Per Share, DA Davidson ForecastsBluerock Residential Growth REIT Inc (BRG) to Post Q1 2018 Earnings of $0.10 Per Share, DA Davidson Forecasts
www.americanbankingnews.com - February 19 at 2:56 AM
Bluerock Residential Growth REIT (BRG) Given a $13.00 Price Target by Northland Securities AnalystsBluerock Residential Growth REIT (BRG) Given a $13.00 Price Target by Northland Securities Analysts
www.americanbankingnews.com - February 15 at 5:06 PM
Bluerock Residential Growth REIT (BRG) to Repurchase $25.00 million in  Outstanding Stock Bluerock Residential Growth REIT (BRG) to Repurchase $25.00 million in Outstanding Stock
www.americanbankingnews.com - February 15 at 11:16 AM
Bluerock Residential Growth REITs (BRG) CEO Ramin Kamfar on Q4 2017 Results - Earnings Call TranscriptBluerock Residential Growth REIT's (BRG) CEO Ramin Kamfar on Q4 2017 Results - Earnings Call Transcript
seekingalpha.com - February 15 at 9:20 AM
Bluerock Residential Growth REIT (BRG) Tops Q4 EPS by 4c, Beats on RevenuesBluerock Residential Growth REIT (BRG) Tops Q4 EPS by 4c, Beats on Revenues
www.streetinsider.com - February 14 at 4:15 PM
Bluerock Residential Growth REIT Announces Share Repurchase PlanBluerock Residential Growth REIT Announces Share Repurchase Plan
finance.yahoo.com - February 14 at 4:15 PM
Bluerock Residential Growth REIT Announces Fourth Quarter and Full Year 2017 ResultsBluerock Residential Growth REIT Announces Fourth Quarter and Full Year 2017 Results
finance.yahoo.com - February 14 at 8:37 AM
Bluerock Cut The Cheese, Whats Next?Bluerock Cut The Cheese, What's Next?
seekingalpha.com - February 12 at 5:12 PM
Bluerock Residential Growth REIT Inc (BRG) Short Interest Up 11.5% in JanuaryBluerock Residential Growth REIT Inc (BRG) Short Interest Up 11.5% in January
www.americanbankingnews.com - February 9 at 8:06 PM
Bluerock Residential Growth REIT (BRG) Fourth Quarter 2017 Earnings, Conference Call Set for February 14Bluerock Residential Growth REIT (BRG) Fourth Quarter 2017 Earnings, Conference Call Set for February 14
finance.yahoo.com - February 2 at 8:33 AM
Bluerock Capital Markets Reports 60% Growth in Capital Raise; Achieves Top 4 Ranking in Direct Investment IndustryBluerock Capital Markets Reports 60% Growth in Capital Raise; Achieves Top 4 Ranking in Direct Investment Industry
finance.yahoo.com - January 30 at 5:03 PM
Bluerock Residential Growth REIT Inc (BRG) Short Interest UpdateBluerock Residential Growth REIT Inc (BRG) Short Interest Update
www.americanbankingnews.com - January 24 at 6:08 PM
BRIEF-Bluerock Residential Growth REIT Deploys $189 Million Of Equity Into $509 Million Of Real Estate Transactions During Fourth Quarter 2017BRIEF-Bluerock Residential Growth REIT Deploys $189 Million Of Equity Into $509 Million Of Real Estate Transactions During Fourth Quarter 2017
www.reuters.com - January 13 at 8:18 AM
Bluerock Residential Growth REIT Deploys $189 Million Of Equity Into $509 Million Of Real Estate Transactions During Fourth Quarter 2017Bluerock Residential Growth REIT Deploys $189 Million Of Equity Into $509 Million Of Real Estate Transactions During Fourth Quarter 2017
finance.yahoo.com - January 11 at 6:44 PM
Bluerock Residential Growth REIT Inc (BRG) Sees Large Growth in Short InterestBluerock Residential Growth REIT Inc (BRG) Sees Large Growth in Short Interest
www.americanbankingnews.com - January 10 at 5:38 PM
Zacks Investment Research Downgrades Bluerock Residential Growth REIT (BRG) to SellZacks Investment Research Downgrades Bluerock Residential Growth REIT (BRG) to Sell
www.americanbankingnews.com - January 9 at 5:40 PM
Report: Exploring Fundamental Drivers Behind K2M Group, Altra Industrial Motion, FibroGen, Cardiovascular, Bluerock Residential Growth REIT, and National Presto Industries — New Horizons, Emerging Trends, and Upcoming DevelopmentsReport: Exploring Fundamental Drivers Behind K2M Group, Altra Industrial Motion, FibroGen, Cardiovascular, Bluerock Residential Growth REIT, and National Presto Industries — New Horizons, Emerging Trends, and Upcoming Developments
finance.yahoo.com - January 4 at 8:12 AM
Bluerock Residential Growth REIT Inc (BRG) Short Interest Up 7.2% in DecemberBluerock Residential Growth REIT Inc (BRG) Short Interest Up 7.2% in December
www.americanbankingnews.com - December 27 at 7:24 PM
Bluerock Residential Growth REIT Inc Declares Quarterly Dividend of $0.16 (BRG)Bluerock Residential Growth REIT Inc Declares Quarterly Dividend of $0.16 (BRG)
www.americanbankingnews.com - December 22 at 6:13 PM
Bluerock Residential Growth REIT (BRG) Cut to Neutral at Janney Montgomery ScottBluerock Residential Growth REIT (BRG) Cut to Neutral at Janney Montgomery Scott
www.americanbankingnews.com - December 17 at 10:44 PM
Bluerock Residential Growth REIT, Inc. to Issue Dividend of $0.10 (BRG)Bluerock Residential Growth REIT, Inc. to Issue Dividend of $0.10 (BRG)
www.americanbankingnews.com - December 16 at 12:08 PM
Bluerock Residential Growth REIT, Inc. (BRG) Short Interest UpdateBluerock Residential Growth REIT, Inc. (BRG) Short Interest Update
www.americanbankingnews.com - December 13 at 1:38 AM
Free Research Report as UDR’s Revenue Grew 3.2%; FFO per Share as Adjusted Surged 4.4%Free Research Report as UDR’s Revenue Grew 3.2%; FFO per Share as Adjusted Surged 4.4%
finance.yahoo.com - December 6 at 8:01 AM
Bluerock Residential Growth REIT, Inc. (BRG) Sees Large Growth in Short InterestBluerock Residential Growth REIT, Inc. (BRG) Sees Large Growth in Short Interest
www.americanbankingnews.com - November 27 at 7:48 PM
Bluerock Residential Growth REIT Inc (BRG) Announces $0.10 Monthly DividendBluerock Residential Growth REIT Inc (BRG) Announces $0.10 Monthly Dividend
www.americanbankingnews.com - November 17 at 9:45 AM
Short Interest in Bluerock Residential Growth REIT Inc (BRG) Grows By 58.6%Short Interest in Bluerock Residential Growth REIT Inc (BRG) Grows By 58.6%
www.americanbankingnews.com - November 13 at 11:32 PM

SEC Filings

Bluerock Residential Growth REIT (NYSEAMERICAN:BRG) SEC Filings

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Social Media

Financials

Bluerock Residential Growth REIT (NYSEAMERICAN:BRG) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Bluerock Residential Growth REIT (NYSEAMERICAN BRG) Stock Chart for Friday, February, 23, 2018

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This page was last updated on 2/23/2018 by MarketBeat.com Staff

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