Bridgewater Bancshares Inc. (NASDAQ: BWB) stock Plunged by -3.61% yesterday

Bridgewater Bancshares Inc. (NASDAQ: BWB) is -32.22% lower on its value in year-to-date trading and has touched a low of $7.99 and a high of $13.90 in the current 52-week trading range. The BWB stock was last observed hovering at around $9.69 in the last trading session, with the day’s loss setting it -0.35% off its average median price target of $13.00 for the next 12 months. It is also 28.15% off the consensus price target high of $13.00 offered by 3 analysts, but current levels are 15.09% higher than the price target low of $11.00 for the same period.

The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.


Currently trading at $9.34, the stock is -8.69% and -4.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.22 million and changing -3.61% at the moment leaves the stock -19.41% off its SMA200. BWB registered -17.49% loss for a year compared to 6-month loss of -32.22%. The firm has a 50-day simple moving average (SMA 50) of $9.94 and a 200-day simple moving average (SMA200) of $11.23.

The stock witnessed a -10.36% gain in the last 1 month and extending the period to 3 months gives it a 3.09%, and is -5.66% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.26% over the week and 5.57% over the month.

Bridgewater Bancshares Inc. (BWB) has around 160 employees, a market worth around $271.05M and $107.00M in sales. Current P/E ratio is 8.71 and Fwd P/E is 9.65. Profit margin for the company is 29.80%. Distance from 52-week low is 16.90% and -32.81% from its 52-week high. The company has generated returns on investments over the last 12 months (22.80%).

Bridgewater Bancshares Inc. (BWB) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Bridgewater Bancshares Inc. (BWB) is a “Buy”. 3 analysts offering their recommendations for the stock have an average rating of 2.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Bridgewater Bancshares Inc. is expected to release its quarterly report on 07/23/2020 and quarterly earnings per share for the current quarter are estimated at $0.24 with sales reaching $21.8M over the same period.The EPS is expected to grow by 14.50% this year, but quarterly earnings will post 13.70% year-over-year. Quarterly sales are estimated to grow 13.10% in year-over-year returns.

Bridgewater Bancshares Inc. (BWB) Top Institutional Holders

133 institutions hold shares in Bridgewater Bancshares Inc. (BWB), with 4.77M shares held by insiders accounting for 16.56% while institutional investors hold 66.93% of the company’s shares. The shares outstanding are 28.79M, and float is at 21.77M with Short Float at 1.95%. Institutions hold 55.85% of the Float.

The top institutional shareholder in the company is Blackrock Inc. with over 1.74 million shares valued at $16.95 million. The investor’s holdings represent 6.03% of the BWB Shares outstanding. As of Mar 30, 2020, the second largest holder is Thrivent Financial For Lutherans with 1.46 million shares valued at $14.24 million to account for 5.07% of the shares outstanding. The other top investors are FMR, LLC which holds 1.38 million shares representing 4.78% and valued at over $13.43 million, while Vanguard Group, Inc. (The) holds 4.03% of the shares totaling 1.16 million with a market value of $11.31 million.

Bridgewater Bancshares Inc. (BWB) Insider Activity

A total of 16 insider transactions have happened at Bridgewater Bancshares Inc. (BWB) in the last six months, with sales accounting for 3 and purchases happening 13 times. The most recent transaction is an insider purchase by Baack Jerry J., the company’s President & CEO. SEC filings show that Baack Jerry J. bought 700 shares of the company’s common stock on May 11 at a price of $9.25 per share for a total of $6475.0. Following the purchase, the insider now owns 1.14 million shares.

Most Popular

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free

Related Posts

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free

We do not sell or share your information with anyone.