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 declared a quarterly dividend on Friday, December 22nd. Stockholders 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 7.33%. The ex-dividend date is Thursday, March 22nd. View Bluerock Residential's Dividend History.

Bluerock Residential announced that its Board of Directors has authorized a share repurchase 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 buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its shares are undervalued.

Bluerock Residential (NYSEAMERICAN:BRG) announced its quarterly earnings results on Tuesday, May, 8th. The financial services provider reported ($0.40) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.34) by $0.06. The financial services provider earned $41.87 million during the quarter, compared to analyst estimates of $39.94 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 Wall Street analysts have issued 1 year price objectives 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 year. View Analyst Ratings for Bluerock Residential.

Bluerock Residential saw a decline in short interest in the month of May. As of May 15th, there was short interest totalling 2,405,480 shares, a decline of 1.2% from the April 30th total of 2,434,625 shares. Based on an average daily trading volume, of 196,277 shares, the short-interest ratio is currently 12.3 days. Currently, 10.0% of the shares of the company are short sold.

Some companies that are related to Bluerock Residential 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).

News stories about BRG stock have been trending somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty 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 0.04 on Accern's scale. They also gave press coverage about the financial services provider an impact score of 46.55 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Bluerock Residential's stock is owned by a number 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.

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.

BRG stock was acquired 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.

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 $8.87.

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.