Wall Street analysts expect Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) (NYSE:BRG) to report $0.17 earnings per share (EPS) for the current quarter, according to Zacks. Four analysts have issued estimates for Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)’s earnings. The lowest EPS estimate is $0.16 and the highest is $0.18. Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) also reported earnings of $0.17 per share in the same quarter last year. The business is expected to report its next quarterly earnings results on Tuesday, August 6th.

According to Zacks, analysts expect that Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) will report full-year earnings of $0.78 per share for the current financial year, with EPS estimates ranging from $0.76 to $0.82. For the next fiscal year, analysts expect that the firm will report earnings of $0.83 per share, with EPS estimates ranging from $0.77 to $0.87. Zacks’ earnings per share averages are a mean average based on a survey of analysts that follow Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN).

Separately, National Securities started coverage on Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) in a report on Friday, May 3rd. They issued a “buy” rating and a $13.00 price objective for the company.

Shares of Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) stock traded down $0.15 during trading on Tuesday, hitting $11.17. The stock had a trading volume of 6,385 shares, compared to its average volume of 159,518. The company has a debt-to-equity ratio of 11.23, a quick ratio of 181.95 and a current ratio of 181.95. The stock has a market capitalization of $262.31 million, a price-to-earnings ratio of 15.50, a P/E/G ratio of 2.43 and a beta of 0.41. The firm’s fifty day simple moving average is $11.53. Bluerock Residential Growth REIT Inc Class A has a fifty-two week low of $8.19 and a fifty-two week high of $12.28.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 5th. Stockholders of record on Tuesday, June 25th will be issued a $0.162 dividend. The ex-dividend date is Monday, June 24th. This represents a $0.65 annualized dividend and a dividend yield of 5.80%. Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)’s dividend payout ratio (DPR) is 90.28%.

Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) Company Profile

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.

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