NYSEAMERICAN:BRG - Bluerock Residential Stock Price, Price Target & More

$8.70 -0.06 (-0.68 %)
(As of 04/20/2018 04:00 PM ET)
Previous Close$8.76
Today's Range$8.57 - $8.72
52-Week Range$7.02 - $13.77
Volume165,320 shs
Average Volume327,670 shs
Market Capitalization$201.76 million
P/E RatioN/A
Dividend Yield22.31%
Beta0.54

About Bluerock Residential (NYSEAMERICAN:BRG)

Bluerock Residential logoBluerock 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 Core+ 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. For more information, please visit the Company's website at www.bluerockresidential.com.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
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 RatioN/A
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

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins-129.33%
Return on Equity-98.46%
Return on Assets-11.72%

Miscellaneous

EmployeesN/A
Outstanding Shares24,260,000

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Bluerock Residential (NYSEAMERICAN:BRG) Frequently Asked Questions

What is Bluerock Residential's stock symbol?

Bluerock Residential trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "BRG."

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

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.

How will Bluerock Residential's stock buyback program work?

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.

How were Bluerock Residential's earnings last quarter?

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.

What price target have analysts set for BRG?

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.

Are investors shorting 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.

Who are some of Bluerock Residential's key competitors?

Who are Bluerock Residential's key executives?

Bluerock Residential's management team includes the folowing people:
  • Mr. R. Ramin Kamfar, Chairman & CEO (Age 55)
  • Mr. Jordan B. Ruddy, Pres & COO (Age 55)
  • Mr. Christopher J. Vohs CPA, CFO & Treasurer (Age 42)
  • Mr. James G. Babb III, Chief Investment Officer (Age 53)
  • Mr. Michael L. Konig Esq., Gen. Counsel & Sec. (Age 58)

Has Bluerock Residential been receiving favorable news coverage?

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.

How do I buy shares of 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.

What is Bluerock Residential's stock price today?

One share of BRG stock can currently be purchased for approximately $8.70.

How big of a company is Bluerock Residential?

Bluerock Residential has a market capitalization of $201.76 million.

How can I contact Bluerock Residential?

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.


MarketBeat Community Rating for Bluerock Residential (BRG)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  198 (Vote Outperform)
Underperform Votes:  119 (Vote Underperform)
Total Votes:  317
MarketBeat's community ratings are surveys of what our community members think about Bluerock Residential 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.

Analyst Ratings

Bluerock Residential (NYSEAMERICAN:BRG) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
4 Wall Street analysts have issued ratings and price targets for Bluerock Residential in the last 12 months. Their average twelve-month price target is $12.25, suggesting that the stock has a possible upside of 40.80%. The high price target for BRG is $13.00 and the low price target for BRG is $11.50. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyHoldN/A
Consensus Rating Score: 2.752.752.00N/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)
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)
Consensus Price Target: $12.25$12.25N/AN/A
Price Target Upside: 40.80% upside60.97% upsideN/AN/A

Bluerock Residential (NYSEAMERICAN:BRG) Consensus Price Target History

Price Target History for Bluerock Residential (NYSEAMERICAN:BRG)

Bluerock Residential (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 4/21/2016 forward)

Earnings

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

Earnings by Quarter for Bluerock Residential (NYSEAMERICAN:BRG)

Bluerock Residential (NYSEAMERICAN:BRG) Earnings Estimates

2018 EPS Consensus Estimate: $0.56
2019 EPS Consensus Estimate: $0.80
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20182$0.10$0.17$0.14
Q2 20182$0.11$0.17$0.14
Q3 20182$0.11$0.17$0.14
Q4 20182$0.11$0.18$0.15
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

Bluerock Residential (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)

Dividends

Bluerock Residential (NYSEAMERICAN:BRG) Dividend Information

Bluerock Residential pays an annual dividend of $1.95 per share, with a dividend yield of 22.41%. BRG's most recent quarterly dividend payment was Thursday, April 5.
Most Recent Dividend:4/5/2018
Annual Dividend:$1.95
Dividend Yield:22.41%
Payout Ratio:N/A
Dividend Payments by Quarter for Bluerock Residential (NYSEAMERICAN:BRG)

Bluerock Residential (NYSEAMERICAN:BRG) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/22/2017quarterly$0.16256.47%3/22/20183/23/20184/5/2018
10/13/2017$0.096712/21/201712/22/20171/5/2018
11/24/2017Monthly$0.097011/22/201711/24/201712/5/2017
(Data available from 1/1/2013 forward)

Insider Trades

Bluerock Residential (NYSEAMERICAN BRG) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 4.96%
Institutional Ownership Percentage: 34.46%
Insider Trading History for Bluerock Residential (NYSEAMERICAN:BRG)
Insider Trading History for Bluerock Residential (NYSEAMERICAN:BRG)

Bluerock Residential (NYSEAMERICAN BRG) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
(Data available from 1/1/2013 forward)

Headlines

Bluerock Residential (NYSEAMERICAN BRG) News Headlines

Source:
DateHeadline
Bluerock Residential Growth REIT (BRG) Announces Second Quarter 2018 Series B Preferred Stock DividendsBluerock Residential Growth REIT (BRG) Announces Second Quarter 2018 Series B Preferred Stock Dividends
www.prnewswire.com - April 13 at 1:34 PM
Bluerock Residential Growth: The Best Is Yet To ComeBluerock Residential Growth: The Best Is Yet To Come
seekingalpha.com - April 13 at 10:48 AM
Bluerock Residential (BRG) Short Interest UpdateBluerock Residential (BRG) Short Interest Update
www.americanbankingnews.com - April 10 at 6:58 PM
8.25% With Bluerock Residential Growth REIT Preferreds8.25% With Bluerock Residential Growth REIT Preferreds
seekingalpha.com - April 4 at 5:49 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 - March 26 at 6:54 PM
Bluerock Residential Growth REIT Inc (BRG) Sees Significant Increase in Short InterestBluerock Residential Growth REIT Inc (BRG) Sees Significant Increase in Short Interest
www.americanbankingnews.com - March 9 at 6:25 PM
Bluerock Residential Growth REIT (BRG) Announces First Quarter Dividend on 8.250% Series A Cumulative Redeemable Preferred Stock, 7.625% Series C Cumulative Redeemable Preferred Stock and 7.125% Series D Cumulative Preferred StockBluerock Residential Growth REIT (BRG) Announces First Quarter Dividend on 8.250% Series A Cumulative Redeemable Preferred Stock, 7.625% Series C Cumulative Redeemable Preferred Stock and 7.125% Series D Cumulative Preferred Stock
finance.yahoo.com - March 9 at 4:31 PM
B. Riley Comments on Bluerock Residential Growth REIT Incs Q1 2018 Earnings (BRG)B. Riley Comments on Bluerock Residential Growth REIT Inc's Q1 2018 Earnings (BRG)
www.americanbankingnews.com - February 26 at 3:16 AM
Bluerock Residential Growth REIT (BRG) PT Set at $11.50 by B. RileyBluerock Residential Growth REIT (BRG) PT Set at $11.50 by B. Riley
www.americanbankingnews.com - February 25 at 2:04 PM
Victory Capital Management Inc. Has $1.32 Million Holdings in Bluerock Residential Growth REIT Inc (BRG)Victory Capital Management Inc. Has $1.32 Million Holdings in Bluerock Residential Growth REIT Inc (BRG)
www.americanbankingnews.com - February 25 at 5:52 AM
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
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 (NYSEAMERICAN:BRG) SEC Filings

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Financials

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

Chart

Bluerock Residential (NYSEAMERICAN BRG) Stock Chart for Saturday, April, 21, 2018

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This page was last updated on 4/21/2018 by MarketBeat.com Staff

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