DA Davidson Has Pessimistic Outlook of BWB FY2025 Earnings

Bridgewater Bancshares, Inc. (NASDAQ:BWB) – Research analysts at DA Davidson decreased their FY2025 earnings estimates for shares of Bridgewater Bancshares in a research report issued on Thursday, December 19th. DA Davidson analyst J. Rulis now anticipates that the company will earn $1.17 per share for the year, down from their previous forecast of $1.20. The consensus estimate for Bridgewater Bancshares’ current full-year earnings is $0.98 per share.

Bridgewater Bancshares Stock Down 0.3 %

BWB stock opened at $13.83 on Friday. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.02 and a quick ratio of 1.02. The business’s fifty day moving average price is $14.96 and its two-hundred day moving average price is $13.63. Bridgewater Bancshares has a fifty-two week low of $10.52 and a fifty-two week high of $16.00. The stock has a market capitalization of $379.30 million, a price-to-earnings ratio of 13.17 and a beta of 0.67.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Foundry Partners LLC increased its position in Bridgewater Bancshares by 111.7% during the 3rd quarter. Foundry Partners LLC now owns 167,010 shares of the company’s stock valued at $2,367,000 after purchasing an additional 88,110 shares during the period. Acadian Asset Management LLC lifted its stake in Bridgewater Bancshares by 18.3% in the second quarter. Acadian Asset Management LLC now owns 342,197 shares of the company’s stock valued at $3,972,000 after buying an additional 53,024 shares during the period. Assenagon Asset Management S.A. grew its position in shares of Bridgewater Bancshares by 121.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 70,025 shares of the company’s stock worth $992,000 after buying an additional 38,461 shares during the period. Dimensional Fund Advisors LP boosted its stake in Bridgewater Bancshares by 4.9% during the second quarter. Dimensional Fund Advisors LP now owns 789,993 shares of the company’s stock worth $9,171,000 after acquiring an additional 37,090 shares in the last quarter. Finally, Barclays PLC raised its holdings in shares of Bridgewater Bancshares by 283.4% during the third quarter. Barclays PLC now owns 25,997 shares of the company’s stock valued at $369,000 after purchasing an additional 19,217 shares during the period. Institutional investors own 65.83% of the company’s stock.

Insiders Place Their Bets

In other Bridgewater Bancshares news, Director David B. Juran sold 2,060 shares of Bridgewater Bancshares stock in a transaction dated Thursday, October 31st. The stock was sold at an average price of $14.66, for a total value of $30,199.60. Following the transaction, the director now owns 1,341,407 shares in the company, valued at $19,665,026.62. The trade was a 0.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Thomas P. Trutna sold 2,000 shares of Bridgewater Bancshares stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $15.13, for a total transaction of $30,260.00. Following the sale, the director now directly owns 100,780 shares in the company, valued at $1,524,801.40. This trade represents a 1.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 32,046 shares of company stock worth $478,580 in the last quarter. Corporate insiders own 23.21% of the company’s stock.

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, entrepreneurs, business clients, and individuals in the United States. The company provides savings and money market accounts, demand deposits, time and brokered deposits, and interest and noninterest bearing transaction, as well as certificates of deposit.