Bridge Investment GroupBRDG
BRDG
About: Bridge Investment Group Holdings Inc is a vertically integrated investment manager, diversified across specialized asset classes. The company combines its nationwide operating platform with dedicated teams of investment professionals focused on various specialized and synergistic investment platforms, including real estate, credit, renewable energy, and secondaries strategies. Its broad range of products and vertically integrated structure allow it to capture new market opportunities and serve investors with various investment objectives. The company operates Its business in a single segment, alternative investment management, diversified across specialized and synergistic investment platforms.
Employees: 2,300
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
21% more capital invested
Capital invested by funds: $155M [Q2] → $188M (+$32.3M) [Q3]
0% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 18
1% less funds holding
Funds holding: 69 [Q2] → 68 (-1) [Q3]
4.93% less ownership
Funds ownership: 50.31% [Q2] → 45.39% (-4.93%) [Q3]
12% less call options, than puts
Call options by funds: $924K | Put options by funds: $1.05M
17% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 24
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$10
27%
upside
Avg. target
$10.25
30%
upside
High target
$11
40%
upside
4 analyst ratings
1 positive
25%
3 neutral
75%
0 negative
0%
Wells Fargo Michael Brown 74% 1-year accuracy 32 / 43 met price target | 27%upside $10 | Overweight Maintained | 14 Jan 2025 |
JP Morgan Kenneth Worthington 67% 1-year accuracy 24 / 36 met price target | 27%upside $10 | Neutral Downgraded | 7 Jan 2025 |
TD Cowen Bill Kirk 41% 1-year accuracy 7 / 17 met price target | 27%upside $10 | Hold Maintained | 12 Nov 2024 |
UBS Brennan Hawken 67% 1-year accuracy 22 / 33 met price target | 40%upside $11 | Neutral Maintained | 22 Oct 2024 |
Financial journalist opinion
Neutral
Business Wire
1 month ago
Bridge Investment Group Announces Hiring of Mick Manning, Brian S. Rivera, and Dawn Impellizzeri to Expand Wholesaling Efforts
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced the hiring of Mick Manning, Brian S. Rivera, and Dawn Impellizzeri to expand the firm's wholesaling efforts as they provide and distribute investment solutions to the wealth channel. Bridge historically has serviced institutional investors directly and through platform partners, and will leverage its growing team to service high-net worth individual accredited investor.
Neutral
Business Wire
2 months ago
Bridge Investment Group Continues to Improve in the 2024 GRESB Real Estate Assessment
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Firm”) demonstrates its ongoing commitment to sustainability transparency by participating with six vehicles in the 2024 GRESB Real Estate Assessment. Each year, GRESB assesses and benchmarks the environmental, social, and governance (“ESG”) performance of assets worldwide, providing clarity and insights to financial markets on complex sustainability topics. In its fourth year as a GRESB member.
Neutral
Seeking Alpha
2 months ago
Bridge Investment Group Holdings Inc. (BRDG) Q3 2024 Earnings Call Transcript
Bridge Investment Group Holdings Inc. (NYSE:BRDG ) Q3 2024 Earnings Conference Call November 7, 2024 9:30 AM ET Company Participants Bonni Rosen - Head, Shareholder Relations Robert Morse - Executive Chairman Jonathan Slager - Chief Executive Officer Katie Elsnab - Chief Financial Officer Dean Allara - Vice Chairman Conference Call Participants Mike Brown - Wells Fargo Securities Ken Worthington - JPMorgan Michael Cyprys - Morgan Stanley Operator Thank you for standing by. My name is Mark and I will be your conference operator today.
Negative
Zacks Investment Research
2 months ago
Bridge Investment Group Holdings Inc. (BRDG) Misses Q3 Earnings and Revenue Estimates
Bridge Investment Group Holdings Inc. (BRDG) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.22 per share a year ago.
Neutral
Business Wire
2 months ago
Bridge Investment Group Holdings Inc. Reports Third Quarter 2024 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 September 30, 2024. Net Income was $10.6 million for the quarter ended September 30, 2024. On a basic and diluted basis, net income attributable to Bridge per share of Class A common stock was $0.11 and $0.04, respectively. Fee Related Earnings to the Operating Company were $32.4 million for the quarter ended September 30, 202.
Negative
Zacks Investment Research
2 months ago
Analysts Estimate Bridge Investment Group Holdings Inc. (BRDG) to Report a Decline in Earnings: What to Look Out for
Bridge Investment Group (BRDG) 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.
Neutral
Business Wire
3 months ago
Ethos Real Estate and Bridge Investment Group Announce Agreement to Preserve Affordability of Hundreds of Apartments in Santa Ana
SANTA ANA, Calif.--(BUSINESS WIRE)--Ethos Real Estate and Bridge Investment Group have finalized a deal to preserve hundreds of apartment units at Horizon Apartments as affordable housing for the Santa Ana community. Bridge and Ethos are restricting a minimum of 50% of the units at Horizon Apartments as affordable for households earning at or below 80% of the Area Median Income (AMI). Additionally, the new owner will offer residents social and recreational programs, along with on-site health, e.
Neutral
Business Wire
3 months ago
Bridge Investment Group Announces Date of Third Quarter 2024 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 financial results after the close of the market on Wednesday, November 6, 2024. Management will host a conference call the morning after the release on Thursday, November 7, 2024 at 9:30 am ET to discuss the results. Interested parties may access the conference call live over the phone by dialing 1-800-715-9871 (domestic) or 1-646-307-1963 (intern.
Neutral
Business Wire
3 months ago
iCapital® and Bridge Investment Group Launch Enhanced Performance Reporting for Alternative Investors
NEW YORK--(BUSINESS WIRE)-- #alternatives--iCapital1, the global fintech platform driving access to alternative investments, and Bridge Investment Group (NYSE: BRDG) (“Bridge”), a leading alternative asset manager with more than $48 billion in assets under management, announced today the enhancement of Bridge's Investor Portal, powered by iCapital, which enables investors to access interactive and comprehensive performance reporting for all of their products. Now, the Investor Portal will feature a new Investm.
Neutral
Zacks Investment Research
4 months ago
Is the Options Market Predicting a Spike in Bridge Investment Group (BRDG) Stock?
Investors need to pay close attention to Bridge Investment Group (BRDG) stock based on the movements in the options market lately.
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