How Bluerock (BRG) Stock Stands Out in a Strong Industry


One stock that might be an intriguing choice for investors right now is Bluerock Residential Growth REIT, Inc. BRG. This is because this security in the REIT and Equity Trust – Residential space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the REIT and Equity Trust – Residential space as it currently has a Zacks Industry Rank of 39 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, Bluerock is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.

Bluerock Residential Growth REIT, Inc. Price and Consensus


Bluerock Residential Growth REIT, Inc. price-consensus-chart | Bluerock Residential Growth REIT, Inc. Quote

In fact, over the past month, current quarter estimates have risen from 16 cents per share to 18 cents per share, while current year estimates have risen from 77 cents per share to 81 cents per share. The company currently carries a Zacks Rank #3 (Hold), which is also a favorable signal. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

So, if you are looking for a decent pick in a strong industry, consider Bluerock. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.




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