Analysts expect Bridgewater Bancshares Inc (NASDAQ:BWB) to post $0.27 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Bridgewater Bancshares’ earnings. The highest EPS estimate is $0.27 and the lowest is $0.26. Bridgewater Bancshares reported earnings of $0.25 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 8%. The company is expected to announce its next quarterly earnings results on Thursday, January 23rd.

On average, analysts expect that Bridgewater Bancshares will report full-year earnings of $1.02 per share for the current year. For the next fiscal year, analysts anticipate that the business will post earnings of $1.13 per share, with EPS estimates ranging from $1.10 to $1.15. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that follow Bridgewater Bancshares.

Bridgewater Bancshares (NASDAQ:BWB) last released its earnings results on Thursday, October 24th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.26 by $0.01. Bridgewater Bancshares had a net margin of 29.44% and a return on equity of 13.33%. The firm had revenue of $19.88 million during the quarter, compared to analyst estimates of $19.54 million.

Several equities analysts have recently issued reports on BWB shares. Zacks Investment Research upgraded shares of Bridgewater Bancshares from a “sell” rating to a “hold” rating in a report on Tuesday, October 29th. ValuEngine lowered shares of Bridgewater Bancshares from a “hold” rating to a “sell” rating in a report on Friday, October 25th. One research analyst has rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company. Bridgewater Bancshares presently has an average rating of “Hold” and a consensus target price of $14.00.

In other Bridgewater Bancshares news, COO Mary Jayne Crocker sold 25,000 shares of Bridgewater Bancshares stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $12.84, for a total value of $321,000.00. Insiders own 17.31% of the company’s stock.

Large investors have recently bought and sold shares of the business. GW&K Investment Management LLC bought a new stake in shares of Bridgewater Bancshares during the 2nd quarter valued at $4,551,000. Vanguard Group Inc. grew its position in shares of Bridgewater Bancshares by 23.7% during the 2nd quarter. Vanguard Group Inc. now owns 945,321 shares of the company’s stock valued at $10,909,000 after acquiring an additional 180,929 shares during the period. Stieven Capital Advisors L.P. bought a new stake in shares of Bridgewater Bancshares during the 2nd quarter valued at $1,665,000. Dougherty Wealth Advisers LLC bought a new stake in shares of Bridgewater Bancshares during the 2nd quarter valued at $1,096,000. Finally, Banc Funds Co. LLC grew its position in shares of Bridgewater Bancshares by 49.1% during the 2nd quarter. Banc Funds Co. LLC now owns 266,652 shares of the company’s stock valued at $3,077,000 after acquiring an additional 87,800 shares during the period. 44.94% of the stock is owned by institutional investors and hedge funds.

Shares of BWB stock traded up $0.09 during trading hours on Wednesday, hitting $12.87. 45,707 shares of the company’s stock traded hands, compared to its average volume of 81,839. The stock’s fifty day simple moving average is $12.53 and its two-hundred day simple moving average is $11.72. Bridgewater Bancshares has a 12-month low of $9.30 and a 12-month high of $13.00. The stock has a market cap of $367.82 million, a price-to-earnings ratio of 14.14 and a beta of 0.99. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.70.

About Bridgewater Bancshares

Bridgewater Bancshares, Inc operates as the bank holding company for Bridgewater Bank that provides banking products and services to commercial real estate investors, small business entrepreneurs, and high-net-worth individuals in the United States. It offers demand, savings and money market, time, interest and noninterest bearing transaction, and brokered deposits, as well as certificates of deposit.

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Earnings History and Estimates for Bridgewater Bancshares (NASDAQ:BWB)

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