Bluerock Residential Growth REIT, Inc. (BRG)

NYSEAMERICAN: BRG · IEX Real-Time Price · USD
26.75
-0.13 (-0.48%)
Sep 30, 2022 4:00 PM EDT - Market closed
-0.48%
Market Cap 977.26M
Revenue (ttm) 233.85M
Net Income (ttm) -47.35M
Shares Out 36.53M
EPS (ttm) -1.36
PE Ratio n/a
Forward PE 3.44
Dividend $0.49 (1.82%)
Ex-Dividend Date Jun 23, 2022
Volume 213,282
Open 26.75
Previous Close 26.88
Day's Range 26.73 - 26.83
52-Week Range 12.54 - 27.48
Beta 0.86
Analysts Sell
Price Target 28.56 (+6.8%)
Earnings Date Nov 2, 2022

About BRG

Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) is a real estate investment trust that focuses on developing and acquiring a diversified portfolio of institutional-quality highly amenitized live/work/play apartment communities in demographically attractive knowledge economy growth markets to appeal to the renter by choice. The Company's objective is to generate value through off-market/relationship-based transactions and, at the asset level, through value-add improvements to properties and to operations. The Company is included in t... [Read more...]

Industry Equity Real Estate Investment Trusts (REITs)
IPO Date Mar 28, 2014
CEO R. Ramin Kamfar
Employees 2,019
Stock Exchange NYSEAMERICAN
Ticker Symbol BRG
Full Company Profile

Financial Performance

In 2021, BRG's revenue was $220.65 million, an increase of 0.37% compared to the previous year's $219.85 million. Earnings were $91.71 million, an increase of 199.32%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for BRG stock is "Sell." The 12-month stock price forecast is 28.56, which is an increase of 6.77% from the latest price.

Price Target
$28.56
(6.77% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Bluerock Celebrates its 20 Year Anniversary with Gift of 20,000 Trees and a View to the Future

NEW YORK , Sept. 22, 2022 /PRNewswire/ -- Pioneering alternative asset manager Bluerock announced today that it is commemorating its 20th year by partnering with The Nature Conservancy to fund the plant...

1 week ago - PRNewsWire

Board of Directors of Bluerock Residential Growth REIT, Inc. Approves the Completion of the Proposed Spin-Off of its ...

NEW YORK , Sept. 19, 2022 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) ("BRG" or the "Company") announced today that its Board of Directors (the "BRG Board") has approved ...

1 week ago - PRNewsWire

Bluerock Residential Growth REIT Announces Suspension of Series B Redeemable Preferred Stock Redemptions, Series T Re...

NEW YORK, N.Y. , Sept. 13, 2022 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) ("BRG" or the "Company") today announced that, in connection with its previously announced acq...

2 weeks ago - PRNewsWire

Bluerock Residential Growth REIT (BRG) Announces Third Quarter Dividends on 7.625% Series C Cumulative Redeemable Pre...

NEW YORK , Sept. 9, 2022 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) (the "Company") today announced that its Board of Directors has authorized and the Company has declar...

3 weeks ago - PRNewsWire

Bluerock Residential Growth REIT and Blackstone Real Estate Announce Anticipated Closing Date of Acquisition and Spin...

NEW YORK, Aug. 26, 2022 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) (the "Company") and Blackstone Real Estate ("Blackstone") today announced that the completion of the p...

Other symbols: BXMT
1 month ago - PRNewsWire

Bluerock Residential Growth REIT (BRG) Announces August Dividends on Series B Preferred Stock and Series T Preferred ...

NEW YORK , Aug. 12, 2022 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) (the "Company") today announced that its Board of Directors has authorized and the Company has declar...

1 month ago - PRNewsWire

Bluerock Residential Growth REIT (BRG) Announces July Dividends on Series B Preferred Stock and Series T Preferred Stock

NEW YORK , July 11, 2022 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) (the "Company") today announced that its Board of Directors has authorized and the Company has declar...

2 months ago - PRNewsWire

Bluerock Residential Growth REIT (BRG) Announces Second Quarter Dividends on Common Stock, 7.625% Series C Cumulative...

NEW YORK , June 10, 2022 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) (the "Company") today announced that its Board of Directors has authorized and the Company has declar...

3 months ago - PRNewsWire

Bluerock Residential Growth REIT (BRG) Announces May Dividends on Series B Preferred Stock and Series T Preferred Stock

NEW YORK , May 13, 2022 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) (the "Company") today announced that its Board of Directors has authorized and the Company has declare...

4 months ago - PRNewsWire

Bluerock Residential Growth REIT Stockholders Approve Acquisition by Affiliates of Blackstone Real Estate

NEW YORK , April 12, 2022 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) ("BRG" or "Company") announced that at a special meeting of stockholders (the "Special Meeting") hel...

5 months ago - PRNewsWire

Bluerock Residential Growth REIT (BRG) Announces April Dividends on Series B Preferred Stock and Series T Preferred S...

NEW YORK , April 11, 2022 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) (the "Company") today announced that its Board of Directors has authorized and the Company has decla...

5 months ago - PRNewsWire

Bluerock Residential Growth REIT (BRG) Announces First Quarter Dividends on Common Stock, 7.625% Series C Cumulative ...

NEW YORK , March 14, 2022 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) (the "Company") today announced that its Board of Directors has authorized and the Company has decla...

6 months ago - PRNewsWire

BLUEROCK RESIDENTIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates ...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Bluerock Residenti...

6 months ago - Business Wire

Bluerock Residential Growth REIT (BRG) Announces 2021 Year End Tax Reporting Information

NEW YORK, Jan. 31, 2022 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. announced today that the income tax treatment for the 2021 dividends on the Company's common stock and preferred stock is a...

8 months ago - PRNewsWire

Bluerock Residential Growth REIT (BRG) Announces First Quarter Dividends on Series B Preferred Stock and Series T Pre...

NEW YORK, Jan. 14, 2022 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) (the "Company") today announced that its Board of Directors has authorized and the Company has declare...

8 months ago - PRNewsWire

How Bluerock (BRG) Stock Stands Out in a Strong Industry

Bluerock (BRG) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

8 months ago - Zacks Investment Research

SHAREHOLDER ALERT: WeissLaw LLP Investigates Bluerock Residential Growth REIT, Inc.

NEW YORK, Dec. 20, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Bluerock Residential Growth REIT, Inc. ...

9 months ago - PRNewsWire

Blackstone's Real Estate Buying Binge Continues in $3.6 Billion Apartment Deal

The private-equity giant pushes further into residential housing.

Other symbols: BX
9 months ago - The Motley Fool

These 2 Soaring Micro-Cap Stocks Are Ignoring the Market's Monday Drop

Neither of these companies is on many investors' radars, but both are moving higher on a down day for the broader stock market.

Other symbols: FSM
9 months ago - The Motley Fool

BRG Stock: Blackstone Sends Bluerock REIT Soaring With Its Bet on Rental Housing

Bluerock Residential Growth REIT (BRG) stock is taking off on Monday thanks to news of a $3.6 billion deal with Blackstone (BX). The post BRG Stock: Blackstone Sends Bluerock REIT Soaring With Its Bet o...

Other symbols: BX
9 months ago - InvestorPlace

Shareholder Alert: Ademi LLP investigates whether Bluerock Residential Growth REIT, Inc. has obtained a Fair Price in...

MILWAUKEE, Dec. 20, 2021 /PRNewswire/ -- Ademi LLP is investigating Bluerock (NYSE American: BRG) for possible breaches of fiduciary duty and other violations of law in its transaction with Blackstone. ...

9 months ago - PRNewsWire

Bluerock (BRG) Stock Alert: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Bluerock Residential Gr...

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Bluerock Residential Growth REIT, Inc. (NYSE: BRG) to affiliates of Blackstone Real E...

9 months ago - Business Wire

Why Bluerock Residential Growth Rocketed as Much as 78% Higher at the Open Today

The landlord got an offer it couldn't refuse, but it's a complicated deal. Here's what you need to know.

Other symbols: BX
9 months ago - The Motley Fool

Blackstone Takes Bluerock REIT Private In $3.6B Deal

Blackstone Inc (NYSE:BX) has agreed to buy Bluerock Residential Growth REIT Inc (NYSE:BRG) in a deal valued at $3.6 billion, extending its push into U.S. rental housing. Affiliates of Blackstone Real Es...

Other symbols: BX
9 months ago - Benzinga

Blackstone Real Estate to acquire Bluerock Residential Growth REIT in $3.6 billion deal

Blackrock Residential Growth REIT Inc. BRG, +73.32% shares soared more than 68% in Monday premarket trading after it announced it would be acquired by Blackstone Real Estate for $24.25 per share. The al...

Other symbols: BX
9 months ago - Market Watch