NYSEAMERICAN:BRGBluerock Residential Growth REIT Stock Price, Forecast & News

$6.43

-0.24 (-3.60 %)

(As of 06/1/2020 04:00 PM ET)

Add

Compare

Today's Range

$6.12

Now: $6.43▼

$6.64

50-Day Range

$11.55

MA: $12.12▼

$12.50

52-Week Range

$3.79

Now: $6.43▼

$12.65

Volume353,700 shs

Average Volume272,392 shs

Market Capitalization$155.65 million

P/E RatioN/A

Dividend Yield10.11%

BetaN/A

Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) is a real estate investment trust that focuses on developing and acquiring a diversified portfolio of institutional-quality highly amenitized live/work/play apartment communities in demographically attractive knowledge economy growth markets to appeal to the renter by choice. The Company's objective is to generate value through off-market/relationship-based transactions and, at the asset level, through value add improvements to properties and operations. The Company is included in the Russell 2000 and Russell 3000 Indexes. BRG has elected to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes.

Beat the Market (BTM) Rank^™

1.1 Analyst's Opinion

Consensus Rating
Bluerock Residential Growth REIT has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $6.67, Bluerock Residential Growth REIT has a potential upside of 3.7% from its current price of $6.43.
Amount of Analyst Coverage
Bluerock Residential Growth REIT has only been the subject of 3 research reports in the past 90 days.

3.0 Community Rank

Outperform Votes
Bluerock Residential Growth REIT has received 302 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Bluerock Residential Growth REIT has received 209 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Bluerock Residential Growth REIT has received 59.10% “outperform” votes from our community.

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 BRG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BRG will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Bluerock Residential Growth REIT is a leading dividend payer. It pays a dividend yield of 10.11%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Bluerock Residential Growth REIT does not have a long track record of dividend growth.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Bluerock Residential Growth REIT insiders have bought more of their company's stock than they have sold. Specifically, they have bought $155,635.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 4.96% of the stock of Bluerock Residential Growth REIT is held by insiders.
Percentage Held by Institutions
Only 34.46% of the stock of Bluerock Residential Growth REIT is held by institutions.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

1.76 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN

Industry REIT - Residential

Sub-IndustryN/A

SectorReal Estate

Current SymbolNYSEAMERICAN:BRG

Previous Symbol

CUSIPN/A

CIK1442626

Webbluerockresidential.com

Phone+1-212-8431601

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares24,207,000

Market Cap$155.65 million

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

Receive BRG News and Ratings via Email

Sign-up to receive the latest news and ratings for BRG and its competitors with MarketBeat's FREE daily newsletter.

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

Do Wall Street analysts recommend investors buy shares of Bluerock Residential Growth REIT?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bluerock Residential Growth REIT in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Bluerock Residential Growth REIT.

When is Bluerock Residential Growth REIT's next earnings date?

Bluerock Residential Growth REIT is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Bluerock Residential Growth REIT.

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

Bluerock Residential Growth REIT Inc (NYSEAMERICAN:BRG) posted its quarterly earnings results on Thursday, February, 13th. The financial services provider reported ($0.62) EPS for the quarter, missing the Zacks' consensus estimate of $0.11 by $0.73. The financial services provider earned $52.52 million during the quarter, compared to the consensus estimate of $55.18 million. View Bluerock Residential Growth REIT's earnings history.

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 Tuesday, May 12th. Stockholders of record on Thursday, June 25th will be given a dividend of $0.1625 per share on Thursday, July 2nd. This represents a $0.65 annualized dividend and a yield of 10.11%. The ex-dividend date is Wednesday, June 24th. View Bluerock Residential Growth REIT's dividend history.

What price target have analysts set for BRG?

4 brokers have issued 1 year price objectives for Bluerock Residential Growth REIT's shares. Their forecasts range from $5.00 to $8.00. On average, they anticipate Bluerock Residential Growth REIT's share price to reach $6.67 in the next twelve months. This suggests a possible upside of 3.7% from the stock's current price. View analysts' price targets for Bluerock Residential Growth REIT.

Has Bluerock Residential Growth REIT been receiving favorable news coverage?

Headlines about BRG stock have been trending extremely negative on Monday, InfoTrie reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Bluerock Residential Growth REIT earned a daily sentiment score of -5.0 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutBluerock Residential Growth REIT.

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

Some companies that are related to Bluerock Residential Growth REIT include Pure Multi-Family REIT (RUF.UN), Minto Apartment Real Estate Invt Trust (MI.UN), Morguard North American Residential REIT (MRG.UN), Empiric Student Property (ESP), US Masters Residential Property Fund Unit (URF), Sigma Capital Group (SGM), KCR Residential Reit (KCR), CIVS SOCI / RED PREF (CSHC), First Real Estate Investment Trust of NJ (FREVS), Interrent Real Estate Investment Trust (IBVA), Pure Multi-Family REIT (RUF.UN) and Pure Multi-Family REIT (PMULF). View all competitors.

What other stocks do shareholders of Bluerock Residential Growth REIT own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Bluerock Residential Growth REIT investors own include NY MTG TR INC/SH (NYMT), NGL Energy Partners (NGL), New Residential Investment (NRZ), ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Macerich (MAC), ARMOUR Residential REIT (ARR), CHIMERA INVT CO/SH NEW (CIM), OFS Capital (OFS) and Colony Capital (CLNY).

Who are Bluerock Residential Growth REIT's key executives?

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

Mr. R. Ramin Kamfar, Chairman & CEO (Age 56)
Mr. Jordan B. Ruddy, Pres & COO (Age 56)
Mr. Christopher J. Vohs CPA, CFO & Treasurer (Age 43)
Mr. James G. Babb III, Chief Investment Officer (Age 54)
Mr. Michael L. Konig Esq., Chief Legal Officer & Sec. (Age 59)

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."

Who are Bluerock Residential Growth REIT's major shareholders?

Bluerock Residential Growth REIT's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.36%), Invesco Ltd. (2.50%), State Street Corp (2.30%), Nuveen Asset Management LLC (2.09%), Alliancebernstein L.P. (1.98%) and Geode Capital Management LLC (1.47%). Company insiders that own Bluerock Residential Growth REIT stock include Christopher J Vohs, Fisher Steven, James G Babb III, Michael Difranco, Ramin Kamfar, Romano Tio and Ryan S Macdonald. View institutional ownership trends for Bluerock Residential Growth REIT.

Which institutional investors are selling Bluerock Residential Growth REIT stock?

BRG stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Two Sigma Investments LP, Parametric Portfolio Associates LLC, Sunbelt Securities Inc., D.A. Davidson & CO., Nisa Investment Advisors LLC, Orinda Asset Management LLC, and WINTON GROUP Ltd. View insider buying and selling activity for Bluerock Residential Growth REIT.

Which institutional investors are buying Bluerock Residential Growth REIT stock?

BRG stock was bought by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Nuveen Asset Management LLC, Advisor Group Holdings Inc., Two Sigma Advisers LP, Geode Capital Management LLC, JPMorgan Chase & Co., Dupont Capital Management Corp, and UBS Group AG. Company insiders that have bought Bluerock Residential Growth REIT stock in the last two years include Christopher J Vohs, Fisher Steven, James G Babb III, Michael Difranco, Ramin Kamfar, Romano Tio, and Ryan S Macdonald. View insider buying and selling activity for Bluerock Residential Growth REIT.

How do I buy shares of Bluerock Residential Growth REIT?

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, Robinhood, Fidelity, and Charles Schwab.

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

One share of BRG stock can currently be purchased for approximately $6.43.

How big of a company is Bluerock Residential Growth REIT?

Bluerock Residential Growth REIT has a market capitalization of $155.65 million.

What is Bluerock Residential Growth REIT's official website?

The official website for Bluerock Residential Growth REIT is bluerockresidential.com.

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.

This page was last updated on 6/1/2020 by MarketBeat.com Staff