Streetbeat News

BRDG

Bridge Investment Group Holdings Inc.

https://www.bridgeig.com

Industry

Asset Management

Bridge Investment Group Holdings Inc. engages in the real estate investment management business in the United States. It manages capital on behalf of approximately hundred global institutions and 6,500 individual investors across approximately 25 investment vehicles. The company was founded in 2009 and is headquartered in Salt Lake City, Utah.

Open

9.59

Mkt cap

2.6B

Volume

384K

High

10.01

P/E Ratio

-99.80

52-wk high

11.69

Low

9.46

Div yield

0.05

52-wk low

6.18

Bridge Investment Group Holdings Inc. (BRDG) held its Q3 2024 earnings call, discussing financial performance and company updates. Key participants included executives and analysts from major financial institutions.

Portfolio Pulse from

November 09, 2024 | 2:15 am

Bridge Investment Group Holdings Inc. (BRDG) reported Q3 earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.18. This is a decrease from $0.22 per share a year ago.

Portfolio Pulse from

November 07, 2024 | 12:00 am

Bridge Investment Group Holdings Inc. reported its Q3 2024 financial results, with a net income of $10.6 million. The earnings per share for Class A common stock were $0.11 basic and $0.04 diluted. Fee Related Earnings were $32.4 million.

Portfolio Pulse from

November 06, 2024 | 9:30 pm

Bridge Investment Group (NYSE:BRDG) has received varied analyst ratings over the past three months, with a recent positive shift in price targets. Analysts have raised their price targets, reflecting a more optimistic outlook. Despite this, the company faces challenges with below-industry-average financial metrics such as net margin, ROE, and ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 7:00 pm

Bridge Investment Group (NYSE:BRDG) has received mixed analyst ratings over the past three months, with a shift towards more bullish perspectives. Analysts have raised their 12-month price targets, with an average target of $11.88, reflecting a 22.85% increase from the previous average. Despite positive revenue growth, the company faces challenges with profitability and debt management.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 3:00 pm

UBS analyst Brennan Hawken maintains a Neutral rating on Bridge Investment Group (NYSE:BRDG) but raises the price target from $7 to $11.