Bridge Investment Group HoldingsNYSE: BRDG

Investors need to pay close attention to Bridge Investment Group (BRDG) stock based on the movements in the options market lately.

Bridge Investment Group Holdings Inc. (NYSE:BRDG ) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Bonni Rosen - Head of Shareholder Relations Robert Morse - Executive Chairman Jonathan Slager - Chief Executive Officer Katie Elsnab - Chief Financial Officer Conference Call Participants Ken Worthington - JP Morgan Bill Katz - TD Cowen Adam Beatty - UBS Operator Greetings and welcome to the Bridge Investment Group Second Quarter 2024 Earnings Call and Webcast. At this time all participants are in a listen-only mode.

Bridge Investment Group Holdings Inc. (BRDG) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.20 per share a year ago.

The consensus price target hints at a 27.1% upside potential for Bridge Investment Group (BRDG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Bridge Investment Group (BRDG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The consensus price target hints at a 33.2% upside potential for Bridge Investment Group (BRDG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced Alison Brown will be joining the Company as President of Bridge Property Management and Deputy Chief Investment Officer for Bridge's Workforce and Affordable Housing Strategy, effective July 1, 2024. Brown brings over 25 years of real estate experience and a proven track record of building and supporting successful teams. She joins Bridge from LivCor, a Blackstone port.

Bridge Investment Group is a compelling buy due to its diversified alternative investments across various asset classes. The company has a proven track record of navigating economic cycles and protecting core assets. Growing demand for alternative investments and the company's focus on multifamily real estate make it an attractive investment opportunity.

Bridge Investment Group Holdings Inc. (BRDG) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.21 per share a year ago.