Bridge Investment Group Holdings Inc. (BRDG)
| Market Cap | 1.09B |
| Revenue (ttm) | 288.52M |
| Net Income (ttm) | 46.07M |
| Shares Out | 118.41M |
| EPS (ttm) | -0.24 |
| PE Ratio | n/a |
| Forward PE | 9.76 |
| Dividend | $0.68 (7.39%) |
| Ex-Dividend Date | Aug 31, 2023 |
| Volume | 143,999 |
| Open | 9.28 |
| Previous Close | 9.22 |
| Day's Range | 9.16 - 9.35 |
| 52-Week Range | 8.43 - 16.40 |
| Beta | 1.79 |
| Analysts | Buy |
| Price Target | 15.13 (+64.46%) |
| Earnings Date | Nov 7, 2023 |
About BRDG
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. [Read more]
Financial Performance
In 2022, BRDG's revenue was $595.67 million, a decrease of -10.32% compared to the previous year's $664.23 million. Earnings were $184.23 million, a decrease of -27.10%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for BRDG stock is "Buy." The 12-month stock price forecast is $15.13, which is an increase of 64.46% from the latest price.
News
Bridge Investment Group Announces Acquisition of Boston-Area Workforce & Affordable Housing Portfolio
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) today announced that a fund managed by Bridge Multifamily Fund Manager LLC, an affiliate of Bridge, has c...
Bridge Investment Group Holdings Inc. Reports Second Quarter 2023 Results
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today reported its financial results for the quarter ended June 30, 2023. Net Income (Lo...
Bridge Investment Group Announces Successful Closing of $550 Million Recapitalization of Assets From Bridge Multifamily Fund III Into a Continuation Fund
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) today announced that Bridge Multifamily Fund III has agreed to sell a portfolio of real estate assets to ...
Bridge Investment Group Announces Date of Second Quarter 2023 Earnings Release and Conference Call
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) today announced that it will release its second quarter 2023 financial results after the close of the mar...
Bridge Investment Group and the Townsend Group Announce Second Global Gateway Insitutional Logistics Venture
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Logistics Value Fund II GP LLC, an affiliate of Bridge Investment Group Holdings Inc. (NYSE: BRDG), and The Townsend Group (“Townsend”) announced today a defini...
Bridge Investment Group to Present at the 2023 Morgan Stanley US Financials, Payments & CRE Conference
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) today announced that Robert Morse, Executive Chairman, and Katie Elsnab, Chief Financial Officer, are sch...
Bridge Net Lease, a Subsidiary of Bridge Investment Group, Acquires Manufacturing and Distribution Assets in Pennsylvania
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Net Lease announced that it has acquired two off-market manufacturing and distribution assets located in Hazleton, PA, totaling 283,450 square feet. The assets,...
Bridge Investment Group Holdings Inc. Reports First Quarter 2023 Results
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today reported its financial results for the quarter ended March 31, 2023. Net Income (L...
Bridge Net Lease, a Subsidiary of Bridge Investment Group, Acquires Manufacturing Asset in California and Distribution Asset in Illinois
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Net Lease announced that it has acquired an off-market manufacturing asset located in Modesto, CA, totaling 148,000 square feet. The asset, located in a large a...
Bridge Investment Group Announces Date of First Quarter 2023 Earnings Release and Conference Call
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) today announced that it will release its first quarter 2023 financial results after the close of the mark...
Bridge Investment Group Completes Acquisition of Newbury Partners to Capitalize on Growing Secondaries Opportunity
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced it has completed its previously announced $320.1 million cash acquisitio...
Bridge Investment Group Holdings Inc. Reports Fourth Quarter and Full Year 2022 Results
SALT LAKE CITY, Utah--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today reported its financial results for the fourth quarter and year ended Decembe...
Bridge Investment Group to Acquire the Business of Newbury Partners, Diversifying Bridge's Product Offerings and Client Base with Leading PE Secondaries Platform
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced it has entered into a definitive agreement to acquire substantially all ...
Bridge Investment Group Raises $2.26 Billion for Bridge Multifamily V, Largest Dedicated Multifamily Fund
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced the close of Bridge Multifamily Fund V (“Multifamily Fund V” or the “F...
Bridge Investment Group Announces Managing Director, Senior Managing Director Promotions
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) announced today their 2023 promotions to Senior Managing Director and Managing Director.
Bridge Investment Group Announces Adam Haughton as Chief Investment Officer of Bridge Renewable Energy
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced Adam Haughton has been named Chief Investment Officer of Bridge Renewa...
Bridge Net Lease, a Subsidiary of Bridge Investment Group, Acquires Manufacturing and Distribution Asset in Florida
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Net Lease announced that it has acquired a Class-A manufacturing and distribution asset located in the Port St. Lucie submarket of South Florida, totaling 411...
Bridge Investment Group Holdings Inc. Reports Third Quarter 2022 Results
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today reported its financial results for the third quarter ended September 30, 2022.
Bridge Investment Group and KB Asset Management Announce Strategic Relationship
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) and KB Asset Management (together with its affiliates, “KBAM”) today announced that they have entered int...
Bridge Investment Group Announces Date of Third Quarter 2022 Earnings Release and Conference Call
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) today announced that it will release its third quarter 2022 financial results after the close of the mark...
Bridge Investment Group Announces Commercial Office Joint Venture With Grosvenor's Diversified Property Investments Team
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced that it has signed a definitive agreement to form a joint venture with G...
Bridge Investment Group Holdings Inc. Reports Second Quarter 2022 Results
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today reported its financial results for the second quarter ended June 30, 2022. Total R...
Bridge Investment Group Announces Expansion Into PropTech, Hires Jeremy Ford as Chief Investment Officer
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced the launch of its newest strategy, Bridge Ventures, and the hiring of Je...
BLP Acquires Off-Market Industrial Property - Marks 21st Deal and $789 Million Closed Since Initial Investment Seven Months Ago
LOS ANGELES--(BUSINESS WIRE)--BLP announces off-market industrial property acquisition, marking 21st deal and $789 Million closed since its initial investment seven months ago.
Bridge Investment Group Announces Expansion Into Solar Energy, Partnership With Lumen Energy
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced the launch of its newest strategy, Bridge Solar Energy Development (“Bri...