$0.04 EPS Expected for Bluerock Residential Growth REIT, Inc. (BRG)

January 23, 2018 - By Richard Conner

 $0.04 EPS Expected for Bluerock Residential Growth REIT, Inc. (BRG)

Analysts expect Bluerock Residential Growth REIT, Inc. (NYSEAMERICAN:BRG) to report $0.04 EPS on February, 15.They anticipate $0.14 EPS change or 77.78 % from last quarter’s $0.18 EPS. BRG’s profit would be $979,268 giving it 57.00 P/E if the $0.04 EPS is correct. After having $0.13 EPS previously, Bluerock Residential Growth REIT, Inc.’s analysts see -69.23 % EPS growth. The stock decreased 1.08% or $0.1 during the last trading session, reaching $9.12. About 129,522 shares traded. Bluerock Residential Growth REIT, Inc. (NYSEAMERICAN:BRG) has risen 10.90% since January 23, 2017 and is uptrending. It has underperformed by 5.80% the S&P500.

Bluerock Residential Growth REIT, Inc. is a real estate investment trust that focuses on acquiring a diversified portfolio of Class A institutional-quality apartment properties in demographically attractive growth markets to appeal to the renter by choice. The company has market cap of $223.27 million. The Company's objective is to generate value through off-market/relationship transactions and, at the asset level, through improvements to activities and properties. It currently has negative earnings. BRG generally invests with strategic regional partners, including some of the best-regarded private owner-operators in the United States, making it possible to operate as a local sharpshooter in each of its markets while enhancing off-market sourcing capabilities.

More notable recent Bluerock Residential Growth REIT, Inc. (NYSEAMERICAN:BRG) news were published by: Seekingalpha.com which released: “Bluerock Cut The Cheese, What’s Next?” on January 15, 2018, also Prnewswire.com with their article: “Bluerock Residential Growth REIT Deploys $189 Million Of Equity Into $509 …” published on January 11, 2018, Seekingalpha.com published: “Bluerock Residential Growth REIT: A View From The Perspective Of A Preferred …” on January 30, 2017. More interesting news about Bluerock Residential Growth REIT, Inc. (NYSEAMERICAN:BRG) were released by: Seekingalpha.com and their article: “Bluerock Residential Growth REIT: Another Update From The Perspective Of A …” published on November 08, 2017 as well as Prnewswire.com‘s news article titled: “Bluerock Residential Growth REIT (BRG) Announces First Quarter 2018 Series B …” with publication date: January 12, 2018.

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