What is DA Davidson’s Forecast for BWB FY2025 Earnings?

Bridgewater Bancshares, Inc. (NASDAQ:BWBFree Report) – Equities research analysts at DA Davidson lowered their FY2025 earnings per share (EPS) estimates for Bridgewater Bancshares in a research note issued to investors on Thursday, December 19th. DA Davidson analyst J. Rulis now expects that the company will post earnings of $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 Performance

Shares of BWB stock opened at $13.83 on Friday. The company has a market cap of $379.30 million, a P/E ratio of 13.17 and a beta of 0.67. 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 firm has a 50-day moving average of $14.96 and a 200-day moving average of $13.63. Bridgewater Bancshares has a one year low of $10.52 and a one year high of $16.00.

Insider Buying and Selling

In related news, Director David B. Juran sold 14,531 shares of Bridgewater Bancshares stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $14.76, for a total value of $214,477.56. Following the completion of the transaction, the director now directly owns 5,469 shares in the company, valued at approximately $80,722.44. The trade was a 72.66 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Joseph M. Chybowski sold 3,000 shares of Bridgewater Bancshares stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $15.51, for a total value of $46,530.00. Following the transaction, the chief financial officer now directly owns 98,416 shares of the company’s stock, valued at $1,526,432.16. The trade was a 2.96 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 32,046 shares of company stock worth $478,580. Insiders own 23.21% of the company’s stock.

Institutional Investors Weigh In On Bridgewater Bancshares

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. bought a new stake in Bridgewater Bancshares during the second quarter worth about $35,000. BNP Paribas Financial Markets grew its holdings in shares of Bridgewater Bancshares by 18.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,424 shares of the company’s stock valued at $63,000 after purchasing an additional 676 shares during the last quarter. SG Americas Securities LLC purchased a new position in Bridgewater Bancshares in the 3rd quarter worth $100,000. Sei Investments Co. boosted its position in Bridgewater Bancshares by 23.3% during the second quarter. Sei Investments Co. now owns 14,360 shares of the company’s stock valued at $167,000 after buying an additional 2,713 shares during the period. Finally, D.A. Davidson & CO. bought a new position in shares of Bridgewater Bancshares during the third quarter valued at about $183,000. Hedge funds and other institutional investors own 65.83% of the company’s stock.

Bridgewater Bancshares Company Profile

(Get Free Report)

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.

Further Reading

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