NYSEAMERICAN:BRG

Bluerock Residential Growth REIT Stock Forecast, Price & News

$9.90
-0.16 (-1.59 %)
(As of 06/17/2021 12:00 AM ET)
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Today's Range
$9.86
$10.20
50-Day Range
$8.01
$12.67
52-Week Range
$6.71
$12.83
Volume438,117 shs
Average Volume350,674 shs
Market Capitalization$279.34 million
P/E RatioN/A
Dividend Yield6.46%
Beta0.96
30 days | 90 days | 365 days | Advanced Chart
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Bluerock Residential Growth REIT logo

About Bluerock Residential Growth REIT

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 to 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. Bluerock Residential Growth REIT, Inc. operates as a subsidiary of Bluerock Multifamily Advisor, LLC.

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MarketRank

Overall MarketRank

1.82 out of 5 stars

Finance Sector

354th out of 1,974 stocks

Real Estate Investment Trusts Industry

87th out of 275 stocks

Analyst Opinion: 1.0Community Rank: 2.9Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Bluerock Residential Growth REIT (NYSEAMERICAN:BRG) Frequently Asked Questions

Is Bluerock Residential Growth REIT a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bluerock Residential Growth REIT in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Bluerock Residential Growth REIT stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BRG, but not buy additional shares or sell existing shares.
View analyst ratings for Bluerock Residential Growth REIT
or view top-rated stocks.

What stocks does MarketBeat like better than Bluerock Residential Growth REIT?

Wall Street analysts have given Bluerock Residential Growth REIT a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Bluerock Residential Growth REIT wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

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

Bluerock Residential Growth REIT is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
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 earnings results on Sunday, May, 9th. The financial services provider reported $1.00 earnings per share for the quarter, topping the consensus estimate of ($0.53) by $1.53. Bluerock Residential Growth REIT had a trailing twelve-month return on equity of 81.26% and a net margin of 25.41%.
View Bluerock Residential Growth REIT's earnings history
.

How has Bluerock Residential Growth REIT's stock been impacted by COVID-19 (Coronavirus)?

Bluerock Residential Growth REIT's stock was trading at $9.63 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BRG stock has increased by 2.8% and is now trading at $9.90.
View which stocks have been most impacted by COVID-19
.

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, June 15th. Shareholders of record on Friday, June 25th will be given a dividend of $0.1625 per share on Friday, July 2nd. This represents a $0.65 annualized dividend and a yield of 6.57%. The ex-dividend date is Thursday, June 24th.
View Bluerock Residential Growth REIT's dividend history
.

Is Bluerock Residential Growth REIT a good dividend stock?

Bluerock Residential Growth REIT pays an annual dividend of $0.65 per share and currently has a dividend yield of 6.46%. BRG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Bluerock Residential Growth REIT does not yet have a strong track record of dividend growth. The dividend payout ratio of Bluerock Residential Growth REIT is 90.28%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Bluerock Residential Growth REIT will have a dividend payout ratio of 180.56% in the coming year. This indicates that Bluerock Residential Growth REIT may not be able to sustain their current dividend.
View Bluerock Residential Growth REIT's dividend history.

What guidance has Bluerock Residential Growth REIT issued on next quarter's earnings?

Bluerock Residential Growth REIT updated its FY 2021 earnings guidance on Tuesday, June, 8th. The company provided earnings per share (EPS) guidance of $0.650-0.700 for the period. The company issued revenue guidance of -.

What price target have analysts set for BRG?

2 brokerages have issued 1-year price targets for Bluerock Residential Growth REIT's stock. Their forecasts range from $9.50 to $11.00. On average, they expect Bluerock Residential Growth REIT's share price to reach $10.25 in the next twelve months. This suggests a possible upside of 3.5% from the stock's current price.
View analysts' price targets for Bluerock Residential Growth REIT
or view top-rated stocks among Wall Street analysts.

Who are Bluerock Residential Growth REIT's key executives?

Bluerock Residential Growth REIT's management team includes the following people:
  • Mr. Robert Ramin Kamfar, Chairman & CEO (Age 58, Pay $400k)
  • Mr. Jordan B. Ruddy, Pres & COO (Age 58, Pay $300k)
  • Mr. Christopher J. Vohs CPA, CFO & Treasurer (Age 45, Pay $262.5k)
  • Mr. Ryan S. MacDonald, Chief Investment Officer (Age 38, Pay $325k)
  • Mr. Michael L. Konig Esq., Chief Legal Officer & Sec. (Age 61, Pay $300k)
  • Mr. James Greer Babb III, Chief Strategy Officer (Age 56, Pay $325k)
  • Mr. Josh Hoffman, Sr. VP of Operations
  • Mr. Brian D. Bailey, Advisor (Age 54)
  • Mr. Michael DiFranco, Exec. VP of Operations (Age 56)
  • Mr. Gary T. Kachadurian, Advisor (Age 71)

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

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

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 many different institutional and retail investors. Top institutional investors include Alliancebernstein L.P. (7.14%), BlackRock Inc. (6.66%), Renaissance Technologies LLC (1.95%), Geode Capital Management LLC (1.44%), Dimensional Fund Advisors LP (1.36%) and Kennedy Capital Management Inc. (1.22%). Company insiders that own Bluerock Residential Growth REIT stock include Christopher J Vohs, Fisher Steven, Michael Difranco, Michael L Konig, 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 Renaissance Technologies LLC, Kennedy Capital Management Inc., BlackRock Inc., Northern Trust Corp, Claraphi Advisory Network LLC, Victory Capital Management Inc., Morgan Stanley, and State of New Jersey Common Pension Fund D. Company insiders that have sold Bluerock Residential Growth REIT company stock in the last year include Michael L Konig, Romano Tio, and Ryan S Macdonald.
View insider buying and selling activity for Bluerock Residential Growth REIT
or view top insider-selling stocks.

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 Alliancebernstein L.P., D.A. Davidson & CO., Clarus Group Inc., Clarus Group Inc., AE Wealth Management LLC, Arrowstreet Capital Limited Partnership, International Assets Investment Management LLC, and Alpha Omega Group Inc.. Company insiders that have bought Bluerock Residential Growth REIT stock in the last two years include Christopher J Vohs, Fisher Steven, Michael Difranco, Ramin Kamfar, Romano Tio, and Ryan S Macdonald.
View insider buying and selling activity for Bluerock Residential Growth REIT
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

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

One share of BRG stock can currently be purchased for approximately $9.90.

How much money does Bluerock Residential Growth REIT make?

Bluerock Residential Growth REIT has a market capitalization of $279.34 million and generates $219.85 million in revenue each year. The financial services provider earns $30.64 million in net income (profit) each year or $0.72 on an earnings per share basis.

What is Bluerock Residential Growth REIT's official website?

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

Where are Bluerock Residential Growth REIT's headquarters?

Bluerock Residential Growth REIT is headquartered at 712 5th Ave Fl 9, NEW YORK, NY 10019-4108, United States.

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 or via email at [email protected]


This page was last updated on 6/17/2021 by MarketBeat.com Staff
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