DA Davidson Has Positive Outlook for BWB Q1 Earnings

Bridgewater Bancshares, Inc. (NASDAQ:BWB) – DA Davidson raised their Q1 2025 earnings per share estimates for Bridgewater Bancshares in a report released on Friday, January 31st. DA Davidson analyst J. Rulis now expects that the company will post earnings of $0.29 per share for the quarter, up from their prior estimate of $0.24. DA Davidson has a “Buy” rating and a $18.00 price objective on the stock. The consensus estimate for Bridgewater Bancshares’ current full-year earnings is $1.24 per share.

Separately, Piper Sandler cut their price target on shares of Bridgewater Bancshares from $18.00 to $17.00 and set an “overweight” rating on the stock in a report on Friday.

Bridgewater Bancshares Trading Down 0.7 %

Bridgewater Bancshares stock opened at $14.12 on Monday. Bridgewater Bancshares has a 1 year low of $10.52 and a 1 year high of $16.00. The firm’s 50 day moving average price is $14.03 and its 200-day moving average price is $14.10. 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 stock has a market cap of $387.31 million, a P/E ratio of 13.71 and a beta of 0.68.

Bridgewater Bancshares (NASDAQ:BWB) last posted its quarterly earnings data on Wednesday, January 29th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.23 by $0.04. Bridgewater Bancshares had a return on equity of 8.85% and a net margin of 12.96%.

Hedge Funds Weigh In On Bridgewater Bancshares

A number of large investors have recently bought and sold shares of BWB. Stieven Capital Advisors L.P. increased its stake in shares of Bridgewater Bancshares by 56.1% during the fourth quarter. Stieven Capital Advisors L.P. now owns 239,989 shares of the company’s stock worth $3,242,000 after purchasing an additional 86,200 shares in the last quarter. Empowered Funds LLC raised its holdings in shares of Bridgewater Bancshares by 5.4% during the fourth quarter. Empowered Funds LLC now owns 17,418 shares of the company’s stock valued at $235,000 after acquiring an additional 895 shares during the last quarter. Sippican Capital Advisors lifted its position in shares of Bridgewater Bancshares by 5.7% in the fourth quarter. Sippican Capital Advisors now owns 90,410 shares of the company’s stock valued at $1,221,000 after acquiring an additional 4,900 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Bridgewater Bancshares by 17.6% in the fourth quarter. SG Americas Securities LLC now owns 8,326 shares of the company’s stock worth $112,000 after acquiring an additional 1,248 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Bridgewater Bancshares by 169.0% during the third quarter. JPMorgan Chase & Co. now owns 30,562 shares of the company’s stock worth $433,000 after purchasing an additional 19,201 shares in the last quarter. Institutional investors and hedge funds own 65.83% of the company’s stock.

Insider Transactions at Bridgewater Bancshares

In related news, Director Thomas P. Trutna sold 2,000 shares of Bridgewater Bancshares stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $15.13, for a total transaction of $30,260.00. Following the completion of the transaction, the director now directly owns 100,780 shares in the company, valued at approximately $1,524,801.40. This trade represents a 1.95 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Douglas J. Parish sold 5,750 shares of the company’s stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $15.05, for a total value of $86,537.50. Following the completion of the sale, the director now owns 1,636 shares in the company, valued at approximately $24,621.80. This represents a 77.85 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 15,455 shares of company stock worth $233,903. Company 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.