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BRDG

Bridge Investment Group Holdings NYSE:BRDG Stock Report

Last Price

US$18.63

Market Cap

US$2.1b

7D

9.7%

1Y

n/a

Updated

16 May, 2022

Data

Company Financials +
BRDG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
Dividends2/6

BRDG Stock Overview

Bridge Investment Group Holdings Inc. engages in the real estate investment management business in the United States.

Rewards

Trading at 73.3% below our estimate of its fair value

Earnings are forecast to grow 86.23% per year

Revenue grew by 124.5% over the past year

Risk Analysis

Dividend of 3.81% is not well covered by earnings


Bridge Investment Group Holdings Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Bridge Investment Group Holdings
Historical stock prices
Current Share PriceUS$18.63
52 Week HighUS$25.61
52 Week LowUS$14.05
Beta0
1 Month Change-1.95%
3 Month Change-14.93%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO19.04%

Recent News & Updates

Shareholder Returns

BRDGUS Capital MarketsUS Market
7D9.7%0.7%0.7%
1Yn/a-15.2%-10.8%

Return vs Industry: Insufficient data to determine how BRDG performed against the US Capital Markets industry.

Return vs Market: Insufficient data to determine how BRDG performed against the US Market.

Price Volatility

Is BRDG's price volatile compared to industry and market?
BRDG volatility
BRDG Average Weekly Movement6.1%
Capital Markets Industry Average Movement0.4%
Market Average Movement7.8%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market2.9%

Stable Share Price: BRDG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: BRDG's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20091,800Jonathan Slagerhttps://www.bridgeig.com

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.

Bridge Investment Group Holdings Fundamentals Summary

How do Bridge Investment Group Holdings's earnings and revenue compare to its market cap?
BRDG fundamental statistics
Market CapUS$2.06b
Earnings (TTM)-US$7.77m
Revenue (TTM)US$763.47m

2.8x

P/S Ratio

-275.3x

P/E Ratio

Is BRDG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
BRDG income statement (TTM)
RevenueUS$763.47m
Cost of RevenueUS$8.01m
Gross ProfitUS$755.46m
Other ExpensesUS$763.23m
Earnings-US$7.77m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.068
Gross Margin98.95%
Net Profit Margin-1.02%
Debt/Equity Ratio25.1%

How did BRDG perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

-168%

Payout Ratio

Does BRDG pay a reliable dividends?

See BRDG dividend history and benchmarks
When do you need to buy BRDG by to receive an upcoming dividend?
Bridge Investment Group Holdings dividend dates
Ex Dividend DateJun 02 2022
Dividend Pay DateJun 17 2022
Days until Ex dividend15 days
Days until Dividend pay date30 days

Does BRDG pay a reliable dividends?

See BRDG dividend history and benchmarks

Valuation

Is Bridge Investment Group Holdings undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry

>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: BRDG ($18.63) is trading below our estimate of fair value ($69.65)

Significantly Below Fair Value: BRDG is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: BRDG is unprofitable, so we can't compare its PE Ratio to the US Capital Markets industry average.

PE vs Market: BRDG is unprofitable, so we can't compare its PE Ratio to the US market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BRDG's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: BRDG is overvalued based on its PB Ratio (26.3x) compared to the US Capital Markets industry average (-16.2x).

Future Growth

How is Bridge Investment Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE

86.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BRDG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: BRDG is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: BRDG's is expected to become profitable in the next 3 years.

Revenue vs Market: BRDG's revenue (2% per year) is forecast to grow slower than the US market (8% per year).

High Growth Revenue: BRDG's revenue (2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BRDG's Return on Equity is forecast to be very high in 3 years time (40.6%).

Past Performance

How has Bridge Investment Group Holdings performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE

-298.4%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: BRDG is currently unprofitable.

Growing Profit Margin: BRDG is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if BRDG's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare BRDG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BRDG is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (47.5%).

Return on Equity

High ROE: BRDG has a negative Return on Equity (72.9%), as it is currently unprofitable.

Financial Health

How is Bridge Investment Group Holdings's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: BRDG's short term assets ($259.7M) exceed its short term liabilities ($122.6M).

Long Term Liabilities: BRDG's short term assets ($259.7M) exceed its long term liabilities ($221.6M).

Debt to Equity History and Analysis

Debt Level: BRDG has more cash than its total debt.

Reducing Debt: Insufficient data to determine if BRDG's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: BRDG's debt is well covered by operating cash flow (145.8%).

Interest Coverage: BRDG earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

Dividend

What is Bridge Investment Group Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

3.81%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 17 2022Ex Dividend DateJun 02 2022Dividend Pay DateJun 17 202215 days from Ex DividendBuy in the next 15 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: BRDG's dividend (3.81%) is higher than the bottom 25% of dividend payers in the US market (1.54%).

High Dividend: BRDG's dividend (3.81%) is low compared to the top 25% of dividend payers in the US market (4.05%).

Stability and Growth of Payments

Stable Dividend: Too early to tell whether BRDG's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if BRDG's dividend payments are increasing as they only just started paying a dividend.

Earnings Payout to Shareholders

Earnings Coverage: BRDG is paying a dividend but the company is unprofitable.

Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (35.1%), BRDG's dividend payments are well covered by cash flows.

Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure

CEO

Jonathan Slager (61 yo)

1.17yrs

Tenure

US$4,499,498

Compensation

Mr. Jonathan Peter Slager served as Chief Executive Officer and is Director of Bridge Investment Group Holdings Inc. since March 18, 2021. Mr. Slager serves as Partner, Board of Directors, Chief Executive...

CEO Compensation Analysis

Compensation vs Market: Jonathan's total compensation ($USD4.50M) is about average for companies of similar size in the US market ($USD5.45M).

Compensation vs Earnings: Jonathan's compensation has increased whilst the company is unprofitable.

Leadership Team

Experienced Management: BRDG's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

Experienced Board: BRDG's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: BRDG only recently listed within the past 12 months.

Top Shareholders

Company Information

Bridge Investment Group Holdings Inc.'s employee growth, exchange listings and data sources

Key Information

  • Name: Bridge Investment Group Holdings Inc.
  • Ticker: BRDG
  • Exchange: NYSE
  • Founded: 2009
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: US$2.059b
  • Market Cap: US$541.973m
  • Shares outstanding: 114.78m
  • Website: https://www.bridgeig.com

Number of Employees

Location

  • Bridge Investment Group Holdings Inc.
  • 111 East Sego Lily Drive
  • Suite 400
  • Salt Lake City
  • Utah
  • 84070
  • United States

Listings

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/16 00:00
End of Day Share Price2022/05/16 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.