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 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 dividend on an annualized basis and a dividend yield of 7.56%. The ex-dividend date is Thursday, March 22nd. View Bluerock Residential's Dividend History.

Bluerock Residential announced that its board has approved a share repurchase plan on Thursday, February 15th 2018, which allows the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its stock is undervalued.

Bluerock Residential (NYSEAMERICAN:BRG) announced its 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 return on equity of 98.46% and a negative net margin of 129.33%. View Bluerock Residential's Earnings History.

4 equities research analysts have issued 12-month target prices for Bluerock Residential's stock. Their predictions range from $11.50 to $13.00. On average, they anticipate Bluerock Residential's stock price to reach $12.25 in the next twelve months. View Analyst Ratings for Bluerock Residential.

Bluerock Residential saw a decline in short interest during the month of April. As of April 13th, there was short interest totalling 2,643,950 shares, a decline of 0.7% from the March 30th total of 2,661,680 shares. Based on an average daily trading volume, of 190,596 shares, the short-interest ratio is presently 13.9 days. Currently, 10.9% of the company's shares are sold short.

News coverage about BRG stock has been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Bluerock Residential earned a news sentiment score of 0.22 on Accern's scale. They also gave media headlines about the financial services provider an impact score of 48.13 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

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 $8.60.

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.