NYSEAMERICAN:BRG - Bluerock Residential Growth REIT Inc Class A Stock Price, Price Target & More

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$8.96 -0.01 (-0.11 %)
(As of 06/24/2018 04:00 PM ET)
Previous Close$8.96
Today's Range$8.76 - $9.08
52-Week Range$7.02 - $13.77
Volume382,102 shs
Average Volume265,185 shs
Market Capitalization$201.76 million
P/E RatioN/A
Dividend Yield21.43%
Beta0.54
Bluerock Residential Growth REIT Inc Class A 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 REIT - Residential
Sub-IndustryN/A
SectorReal Estate
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 Shares23,760,000

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

What is Bluerock Residential Growth REIT Inc Class A's stock symbol?

Bluerock Residential Growth REIT Inc Class A trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "BRG."

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

Bluerock Residential Growth REIT Inc Class A announced a quarterly dividend on Monday, June 11th. Stockholders of record on Monday, June 25th will be paid a dividend of $0.1625 per share on Thursday, July 5th. This represents a $0.65 annualized dividend and a dividend yield of 7.25%. The ex-dividend date of this dividend is Friday, June 22nd. View Bluerock Residential Growth REIT Inc Class A's Dividend History.

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

Bluerock Residential Growth REIT Inc Class A announced that its board has authorized a stock buyback plan on Thursday, February 15th 2018, which authorizes the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

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

Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN:BRG) released 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 had revenue of $41.87 million for the quarter, compared to analysts' expectations of $39.94 million. Bluerock Residential Growth REIT Inc Class A had a negative net margin of 129.33% and a negative return on equity of 98.46%. View Bluerock Residential Growth REIT Inc Class A's Earnings History.

What price target have analysts set for BRG?

5 brokerages have issued 12 month price objectives for Bluerock Residential Growth REIT Inc Class A's stock. Their forecasts range from $11.00 to $13.00. On average, they expect Bluerock Residential Growth REIT Inc Class A's share price to reach $11.8333 in the next year. View Analyst Ratings for Bluerock Residential Growth REIT Inc Class A.

Are investors shorting Bluerock Residential Growth REIT Inc Class A?

Bluerock Residential Growth REIT Inc Class A saw a decrease in short interest in the month of May. As of May 31st, there was short interest totalling 2,191,315 shares, a decrease of 8.9% from the May 15th total of 2,405,480 shares. Based on an average daily volume of 134,187 shares, the days-to-cover ratio is currently 16.3 days. Approximately 9.3% of the company's shares are sold short. View Bluerock Residential Growth REIT Inc Class A's Current Options Chain.

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

Who are Bluerock Residential Growth REIT Inc Class A's key executives?

Bluerock Residential Growth REIT Inc Class A'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 Growth REIT Inc Class A been receiving favorable news coverage?

Press coverage about BRG stock has been trending somewhat positive on Sunday, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Bluerock Residential Growth REIT Inc Class A earned a coverage optimism score of 0.06 on Accern's scale. They also assigned press coverage about the financial services provider an impact score of 46.75 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Who are Bluerock Residential Growth REIT Inc Class A's major shareholders?

Bluerock Residential Growth REIT Inc Class A's stock is owned by a variety 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 Growth REIT Inc Class A.

Which institutional investors are selling Bluerock Residential Growth REIT Inc Class A stock?

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 Growth REIT Inc Class A.

Which institutional investors are buying Bluerock Residential Growth REIT Inc Class A stock?

BRG stock was bought 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 Growth REIT Inc Class A.

How do I buy shares of Bluerock Residential Growth REIT Inc Class A?

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 Growth REIT Inc Class A's stock price today?

One share of BRG stock can currently be purchased for approximately $8.96.

How big of a company is Bluerock Residential Growth REIT Inc Class A?

Bluerock Residential Growth REIT Inc Class A has a market capitalization of $201.76 million.

How can I contact Bluerock Residential Growth REIT Inc Class A?

Bluerock Residential Growth REIT Inc Class A'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 Inc Class A (BRG)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  215 (Vote Outperform)
Underperform Votes:  131 (Vote Underperform)
Total Votes:  346
MarketBeat's community ratings are surveys of what our community members think about Bluerock Residential Growth REIT Inc Class A 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.
This page was last updated on 6/24/2018 by MarketBeat.com Staff

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