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.
+ 1 more risk
Mediocre balance sheet second-rate dividend payer.
Share Price & News
How has Bluerock Residential Growth REIT's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BRG.PRD's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: BRG.PRD underperformed the US REITs industry which returned -15.3% over the past year.
Return vs Market: BRG.PRD underperformed the US Market which returned 3.7% over the past year.
Price Volatility Vs. Market
How volatile is Bluerock Residential Growth REIT's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Bluerock Residential Growth REIT undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: BRG.PRD ($21.05) is trading above our estimate of fair value ($11.51)
Significantly Below Fair Value: BRG.PRD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BRG.PRD is unprofitable, so we can't compare its PE Ratio to the REITs industry average.
PE vs Market: BRG.PRD 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 BRG.PRD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BRG.PRD is overvalued based on its PB Ratio (3.4x) compared to the US REITs industry average (1.3x).
How is Bluerock Residential Growth REIT forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BRG.PRD is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: BRG.PRD is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: BRG.PRD is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: BRG.PRD's revenue (6% per year) is forecast to grow slower than the US market (8.9% per year).
High Growth Revenue: BRG.PRD's revenue (6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BRG.PRD's Return on Equity is forecast to be high in 3 years time
How has Bluerock Residential Growth REIT performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BRG.PRD is currently unprofitable.
Growing Profit Margin: BRG.PRD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BRG.PRD is unprofitable, and losses have increased over the past 5 years at a rate of -38.7% per year.
Accelerating Growth: Unable to compare BRG.PRD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BRG.PRD is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (5.3%).
Return on Equity
High ROE: BRG.PRD has a negative Return on Equity (3.25%), as it is currently unprofitable.
How is Bluerock Residential Growth REIT's financial position?
Financial Position Analysis
Short Term Liabilities: BRG.PRD's short term assets ($382.1M) exceed its short term liabilities ($171.4M).
Long Term Liabilities: BRG.PRD's short term assets ($382.1M) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: BRG.PRD's debt to equity ratio (171.9%) is considered high.
Reducing Debt: BRG.PRD's debt to equity ratio has increased from 136.2% to 171.9% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable BRG.PRD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BRG.PRD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 43.3% per year.
What is Bluerock Residential Growth REIT's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: BRG.PRD's dividend (10.24%) is higher than the bottom 25% of dividend payers in the US market (1.75%).
High Dividend: BRG.PRD's dividend (10.24%) is in the top 25% of dividend payers in the US market (4.73%)
Stability and Growth of Payments
Stable Dividend: BRG.PRD has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BRG.PRD has only been paying a dividend for 6 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: BRG.PRD is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: BRG.PRD's dividends in 3 years are forecast to be thoroughly covered by earnings (2.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
R. Kamfar (56yo)
Mr. R. Ramin Kamfar serves as the Chief Executive Officer at Bluerock Enhanced Multifamily Advisor, LLC since October 31, 2013. Previously, Mr. Kamfar served as the Chief Executive Officer at Bluerock Enh ...
CEO Compensation Analysis
Compensation vs Market: R.'s total compensation ($USD2.12M) is above average for companies of similar size in the US market ($USD1.42M).
Compensation vs Earnings: R.'s compensation has been consistent with company performance over the past year.
|Chairman & CEO||11.75yrs||US$2.12m||0.24% $476.7k|
|President & COO||2.58yrs||US$928.51k||0.096% $186.3k|
|CFO & Treasurer||7.33yrs||US$436.78k||0.011% $20.6k|
|Chief Investment Officer||no data||US$953.51k||0.084% $163.6k|
|Chief Legal Officer & Secretary||15.42yrs||US$928.51k||0.12% $229.9k|
|Chief Acquisitions Officer||no data||US$928.51k||0.029% $57.3k|
|Senior Vice President of Operations||no data||no data||no data|
|no data||US$137.00k||0.073% $142.5k|
|Executive Vice President of Operations||1.08yrs||US$286.85k||0.0031% $6.0k|
|1.83yrs||no data||no data|
Experienced Management: BRG.PRD's management team is considered experienced (5 years average tenure).
|Chairman & CEO||11.75yrs||US$2.12m||0.24% $476.7k|
|Independent Director||1.83yrs||US$115.00k||no data|
|Lead Independent Director||3yrs||US$160.00k||0.059% $114.1k|
|Independent Director||11.33yrs||US$138.00k||0.11% $218.5k|
|Independent Director||0.92yr||US$64.00k||no data|
Experienced Board: BRG.PRD's board of directors are considered experienced (3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BRG.PRD insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6%.
Bluerock Residential Growth REIT, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Bluerock Residential Growth REIT, Inc.
- Ticker: BRG.PRD
- Exchange: AMEX
- Industry: Residential REITs
- Sector: Real Estate
- Implied Market Cap: US$194.743m
- Market Cap: US$154.202m
- Shares outstanding: 30.67m
- Website: https://www.bluerockresidential.com
- Bluerock Residential Growth REIT, Inc.
- 1345 Avenue of the Americas
- 32nd Floor
- New York
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BRG||AMEX (NYSE MKT LLC)||Yes||Class A Common Stock||US||USD||Mar 2014|
|BKO||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Mar 2014|
|BRG.PRA||AMEX (NYSE MKT LLC)||RED PFD SER A||US||USD||Oct 2015|
|BRG.PRC||AMEX (NYSE MKT LLC)||PFD SER C||US||USD||Jul 2016|
|BRG.PRD||AMEX (NYSE MKT LLC)||PFD SER D||US||USD||Oct 2016|
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 operations. The Company is included in the Russell 2000 and Russell 3000 Indexes. BRG has elected to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/26 04:26|
|End of Day Share Price||2020/05/22 00:00|
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.