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BRDG

Bridge Investment Group HoldingsNYSE:BRDG Stock Report

Last Price

US$21.79

Market Cap

US$2.5b

7D

-1.6%

1Y

n/a

Updated

19 Jan, 2022

Data

Company Financials +
BRDG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance2/6
Financial Health5/6
Dividends3/6

BRDG Stock Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for Bridge Investment Group Holdings
Historical stock prices
Current Share PriceUS$21.79
52 Week HighUS$25.61
52 Week LowUS$14.05
Beta0
1 Month Change-0.27%
3 Month Change23.18%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO39.23%

Recent News & Updates

Shareholder Returns

BRDGUS Capital MarketsUS Market
7D-1.6%-5.5%-4.6%
1Yn/a24.6%7.7%

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 Movement0.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

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
20091,650Jonathan 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$2.50b
Earnings (TTM)US$156.00m
Revenue (TTM)US$559.52m

15.9x

P/E Ratio

4.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BRDG income statement (TTM)
RevenueUS$559.52m
Cost of RevenueUS$13.35m
Gross ProfitUS$546.18m
ExpensesUS$390.18m
EarningsUS$156.00m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.37
Gross Margin97.61%
Net Profit Margin27.88%
Debt/Equity Ratio48.9%

How did BRDG perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

n/a

Payout Ratio

Valuation

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

15.92x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BRDG ($21.79) is trading above our estimate of fair value ($21.08)

Significantly Below Fair Value: BRDG is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BRDG is poor value based on its PE Ratio (15.9x) compared to the US Capital Markets industry average (15.5x).

PE vs Market: BRDG is good value based on its PE Ratio (15.9x) compared to the US market (17x).


Price to Earnings Growth Ratio

PEG Ratio: BRDG is poor value based on its PEG Ratio (4.8x)


Price to Book Ratio

PB vs Industry: BRDG is good value based on its PB Ratio (38.7x) compared to the US Capital Markets industry average (42.2x).


Future Growth

How is Bridge Investment Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

3.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BRDG's forecast earnings growth (3.3% per year) is above the savings rate (2%).

Earnings vs Market: BRDG's earnings (3.3% per year) are forecast to grow slower than the US market (13% per year).

High Growth Earnings: BRDG's earnings are forecast to grow, but not significantly.

Revenue vs Market: BRDG's revenue (12.9% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: BRDG's revenue (12.9% 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 high in 3 years time (39.4%)


Past Performance

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

7.4%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: BRDG has high quality earnings.

Growing Profit Margin: BRDG's current net profit margins (27.9%) are lower than last year (43.5%).


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: Insufficient data to compare BRDG's past year earnings growth to its 5-year average.

Earnings vs Industry: BRDG earnings growth over the past year (7.4%) underperformed the Capital Markets industry 86.4%.


Return on Equity

High ROE: BRDG's Return on Equity (80.2%) is considered outstanding.


Financial Health

How is Bridge Investment Group Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: BRDG's short term assets ($261.8M) exceed its short term liabilities ($74.2M).

Long Term Liabilities: BRDG's short term assets ($261.8M) exceed its long term liabilities ($194.7M).


Debt to Equity History and Analysis

Debt Level: BRDG's net debt to equity ratio (1.7%) is considered satisfactory.

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 (99.6%).

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?

4.41%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BRDG's dividend (4.41%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: BRDG's dividend (4.41%) is in the top 25% of dividend payers in the US market (3.48%)


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.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BRDG's dividends in 3 years are forecast to be covered by earnings (89.3% payout ratio).


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)

0.83

Tenure

US$1,339,148

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 ($USD1.34M) is below average for companies of similar size in the US market ($USD5.14M).

Compensation vs Earnings: Insufficient data to compare Jonathan's compensation with company performance.


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 ( 0.8 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$2.504b
  • Market Cap: US$595.150m
  • Shares outstanding: 113.99m
  • 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 Analysis2022/01/19 23:47
End of Day Share Price2022/01/19 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.