Piper Sandler has maintained coverage of Bridge Investment Group Holdings Inc – (NYSE:BRDG) with an Overweight recommendation, according to Fintel reports on May 25, 2023.
The average one-year price target as of May 11, 2023, for Bridge Investment Group Holdings Inc – is $15.91, with the projected annual revenue at $411MM, an increase of 1.77% and a projected annual non-GAAP EPS of 1.15. The average price target represents an increase of 63.20% from its latest reported closing price of $9.75.
Bridge Investment Group Holdings Inc – has declared a regular quarterly dividend of $0.15 per share ($0.60 annualized) on May 8, 2023. The stock’s dividend yield at the current share price of $9.75/share is 6.15%. In the last five years, the average dividend yield has been 5.50%, with the current dividend yield 0.31 standard deviations above the historical average. The company has a dividend payout ratio of 0.19.
There are 113 funds or institutions reporting positions in Bridge Investment Group Holdings Inc -, indicating a bullish outlook, and the put/call ratio of BRDG is 0.67.
Bridge Investment Group Holdings Inc – is a leading, vertically integrated real estate investment manager, diversified across specialized asset classes, with approximately $26 billion of assets under management as of March 31, 2021.
Key filings for this company can be found on Fintel.
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