BrightSphere Investment Group Inc. (BSIG)

NYSE: BSIG · IEX Real-Time Price · USD
19.63
0.15 (0.77%)
May 25, 2022 4:00 PM EDT - Market closed
Market Cap813.18M
Revenue (ttm)526.30M
Net Income (ttm)825.20M
Shares Out41.43M
EPS (ttm)11.58
PE Ratio1.69
Forward PE9.93
Dividend$0.04 (0.20%)
Ex-Dividend DateJun 9, 2022
Volume269,442
Open19.27
Previous Close19.48
Day's Range19.24 - 19.81
52-Week Range18.64 - 31.17
Beta1.74
AnalystsBuy
Price Target25.76 (+31.2%)
Earnings DateMay 5, 2022

About BSIG

BrightSphere Investment Group Inc. is a publically owned asset management holding company. The firm provides its services to individuals and institutions. It manages separate client focused portfolios through its subsidiaries. The firm also launches equity mutual funds for its clients. It invests in public equity, fixed income, and alternative investment markets through its subsidiaries. The firm was founded in 1980 is based Boston, Massachusetts. It was formally known as BrightSphere Investment Group plc. BrightSphere Investment Group Inc. was...

IndustryCapital Markets
IPO DateOct 9, 2014
CEOSuren Rana
Employees24
Stock ExchangeNYSE
Ticker SymbolBSIG
Full Company Profile

Financial Performance

In 2021, BSIG's revenue was $523.80 million, an increase of 4.86% compared to the previous year's $499.50 million. Earnings were $828.40 million, an increase of 188.94%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for BSIG stock is "Buy." The 12-month stock price forecast is 25.76, which is an increase of 31.23% from the latest price.

Price Target
$25.76
(31.23% upside)
Analyst Consensus: Buy
Stock Forecasts

News

4 Investment Management Stocks to Watch Despite Industry Woes

While relatively lower rates and elevated technology costs are near-term concerns, continued inflows will likely aid the Zacks Investment Management industry stocks like Ameriprise (AMP), Affiliated Man...

Other symbols:AMGAMPSAMG
2 weeks ago - Zacks Investment Research

BrightSphere Investment Group (BSIG) Beats Q1 Earnings and Revenue Estimates

BrightSphere Investment Group (BSIG) delivered earnings and revenue surprises of 18.18% and 5.71%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the st...

2 weeks ago - Zacks Investment Research

BrightSphere Reports Financial and Operating Results for the First Quarter Ended March 31, 2022

BOSTON--(BUSINESS WIRE)--BrightSphere Investment Group Inc. (NYSE: BSIG) today announced its results for the first quarter ended March 31, 2022. BrightSphere's earnings presentation is available at: htt...

3 weeks ago - Business Wire

BrightSphere Investment Group (BSIG) Earnings Expected to Grow: Should You Buy?

BrightSphere Investment Group (BSIG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 weeks ago - Zacks Investment Research

Down 16.5% in 4 Weeks, Here's Why You Should You Buy the Dip in BrightSphere Investment Group (BSIG)

The heavy selling pressure might have exhausted for BrightSphere Investment Group (BSIG) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wal...

3 weeks ago - Zacks Investment Research

BrightSphere Investment Group (BSIG) Upgraded to Strong Buy: Here's Why

BrightSphere Investment Group (BSIG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

1 month ago - Zacks Investment Research

BrightSphere to Report Financial and Operating Results for the First Quarter Ended March 31, 2022

BOSTON--(BUSINESS WIRE)--BrightSphere Investment Group Inc. (NYSE: BSIG) will announce its financial and operating results for the first quarter ended March 31, 2022, on Thursday, May 5, 2022. The Compa...

1 month ago - Business Wire

BrightSphere Investment Group (BSIG) Upgraded to Strong Buy: Here's What You Should Know

BrightSphere Investment Group (BSIG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

3 months ago - Zacks Investment Research

BrightSphere Investment Group (BSIG) Q4 Earnings and Revenues Top Estimates

BrightSphere Investment Group (BSIG) delivered earnings and revenue surprises of 29.27% and 39.15%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for th...

3 months ago - Zacks Investment Research

BrightSphere Reports Financial and Operating Results for the Fourth Quarter Ended December 31, 2021

BOSTON--(BUSINESS WIRE)--BrightSphere Investment Group Inc. (NYSE: BSIG) today announced its results for the fourth quarter ended December 31, 2021. BrightSphere's earnings presentation is available at:...

3 months ago - Business Wire

10 Stocks to Buy That Could Make You a Millionaire in 2022

After this past year, it's going to be hard to find stocks to buy to make you a millionaire in 2022. Here's 10 that might do the trick.

3 months ago - InvestorPlace

BrightSphere Announces Completion of Redemption of 5.125% Senior Notes due August 2031

BOSTON--(BUSINESS WIRE)--BrightSphere Investment Group Inc. (NYSE: BSIG) today announced the completion of the previously announced full redemption of all $125 million aggregate principal amount outstan...

4 months ago - Business Wire

BrightSphere to Report Financial and Operating Results for the Fourth Quarter Ended December 31, 2021

BOSTON--(BUSINESS WIRE)--BrightSphere Investment Group Inc. (NYSE: BSIG) will announce its financial and operating results for the fourth quarter ended December 31, 2021, on Thursday, February 3, 2022. ...

4 months ago - Business Wire

After Plunging 18.4% in 4 Weeks, Here's Why the Trend Might Reverse for BrightSphere Investment Group (BSIG)

The heavy selling pressure might have exhausted for BrightSphere Investment Group (BSIG) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wal...

4 months ago - Zacks Investment Research

Is BrightSphere Investment (BSIG) Stock a Solid Choice Right Now?

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

4 months ago - Zacks Investment Research

3 Asset Managers Set to Continue Their Winning Streak in 2022

Asset managers like BrightSphere Investment (BSIG), Federated Hermes (FHI) & Victory Capital (VCTR) will keep benefiting from rising AUM balance driven by the improving economy despite several headwinds.

Other symbols:FHIVCTR
4 months ago - Zacks Investment Research

4 High Earnings Yield Stocks Likely to Pay Off Big Time

Summit Hotel (INN), Meritage Homes (MTH), Eagle Pharmaceuticals (EGRX) and BrightSphere (BSIG) could be some attractive bets if you are looking for high earnings yield picks.

Other symbols:EGRXINNMTH
5 months ago - Zacks Investment Research

BrightSphere Investment Group (BSIG) Loses 17.9% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

BrightSphere Investment Group (BSIG) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street an...

5 months ago - Zacks Investment Research

BrightSphere Investment Group (BSIG) Could Find Support Soon, Here's Why You Should Buy the Stock Now

After losing some value lately, a hammer chart pattern has been formed for BrightSphere Investment Group (BSIG), indicating that the stock has found support. This, combined with an upward trend in earni...

5 months ago - Zacks Investment Research

BrightSphere Announces Final Results of Its Tender Offer

BOSTON--(BUSINESS WIRE)--BrightSphere Investment Group Inc. (NYSE: BSIG) today announced the final results of its tender offer, which expired at 5:00 P.M., New York City time, on Monday, December 6, 202...

5 months ago - Business Wire

BrightSphere Announces Preliminary Results of Its Tender Offer

BOSTON--(BUSINESS WIRE)--BrightSphere Investment Group Inc. (NYSE: BSIG) today announced the preliminary results of its tender offer, which expired at 5:00 P.M., New York City time, on Monday, December ...

5 months ago - Business Wire

Analysts Initiate Coverage: Top 5 Stocks to Buy for Higher Returns

Increased analyst coverage over the past few weeks may lead to solid price appreciation for stocks like Skyline (SKY), Beazer Homes (BZH), AdvanSix (ASIX), First BanCorp (FBP) and BrightSphere (BSIG).

Other symbols:ASIXBZHFBPSKY
6 months ago - Zacks Investment Research

BrightSphere Announces Fixed Price Tender Offer

BOSTON--(BUSINESS WIRE)--BrightSphere Investment Group Inc. (NYSE: BSIG) today announced its plan to launch a fixed price tender offer to purchase up to 33,300,000 shares of its common stock (the “Share...

6 months ago - Business Wire

Buy These 5 Top Stocks on New Analyst Coverage

Increased analyst coverage over the past few weeks might lead to solid price appreciation for stocks like Costamare (CMRE), BrightSphere (BSIG), Main Street Capital (MAIN) and UGI Corp (UGI).

Other symbols:CMREMAINUGI
6 months ago - Zacks Investment Research

BrightSphere Reports Financial and Operating Results for the Third Quarter Ended September 30, 2021

BOSTON--(BUSINESS WIRE)--BrightSphere Investment Group Inc. (NYSE: BSIG) today announced its results for the third quarter ended September 30, 2021. BrightSphere's earnings presentation is available at:...

6 months ago - Business Wire