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

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

Bridge Investment Group (NYSE:BRDG) reported Q4 earnings with an EPS of $0.14, missing estimates by 26.32% against an expected $0.19. Revenue decreased by $1.35 million from the previous year. The company had previously beaten EPS estimates in Q3 2023 but experienced a slight share price drop the following day.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 9:45 pm

Bridge Investment Group (BRDG) reported Q4 2023 earnings of $0.14 per share, missing the $0.19 estimate, but sales of $94.13M exceeded the $89.83M forecast. This represents a 1.41% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:41 pm

The article lists companies scheduled to report their earnings on February 21, 2024, including their expected earnings per share and revenue. It covers a wide range of industries and includes both companies expected to report profits and losses.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 10:09 am

Bridge Investment Group (NYSE:BRDG) is scheduled to release its quarterly earnings report on February 21, 2024, with an estimated EPS of $0.19. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows mixed reactions to past earnings, with the stock price fluctuating post-earnings announcement. Currently, BRDG shares are trading at $8.84, marking a 36.11% decline over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 6:01 pm

Shares of companies in the financial sector are down after January CPI data indicated a higher-than-expected inflation rise, creating uncertainty about future rate cuts.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 7:17 pm

TD Cowen analyst Bill Kirk has initiated coverage on Bridge Investment Group (NYSE:BRDG) with an Outperform rating and set a price target of $11.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 6:17 pm

Morgan Stanley has maintained its Overweight rating on Bridge Investment Group (NYSE:BRDG) but reduced its price target from $14.00 to $13.00. Despite this reduction, the new target suggests a significant 70.38% upside from the current price of $7.63. Bridge Investment Group is a real estate investment manager with a focus on various U.S. real estate verticals.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 5:00 pm

Morgan Stanley analyst Michael Lapides has maintained an Overweight rating on Bridge Investment Group (NYSE:BRDG) but reduced the price target from $14 to $13.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 1:40 pm

Bridge Investment Group (NYSE:BRDG) reported Q3 earnings, beating estimated earnings by 10.0% with an EPS of $0.22. However, revenue was down $4.15 million from the same period last year. Last quarter, the company missed on EPS which was followed by a 6.24% drop in the share price.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 9:55 pm

Bridge Investment Group (NYSE:BRDG) reported Q3 2023 earnings of $0.22 per share, beating the analyst consensus estimate of $0.20 by 10%. However, this is a 24.14% decrease from the same period last year. The company also reported quarterly sales of $106.27 million, surpassing the analyst consensus estimate of $96.31 million by 10.34%, but this is a 3.76% decrease from the same period last year.

Portfolio Pulse from saritha@benzinga.com

November 07, 2023 | 9:54 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.