Equities Analysts Issue Forecasts for BWB Q1 Earnings

Bridgewater Bancshares, Inc. (NASDAQ:BWB) – Investment analysts at DA Davidson boosted their Q1 2025 EPS estimates for shares of Bridgewater Bancshares in a research note issued on Friday, January 31st. DA Davidson analyst J. Rulis now expects that the company will earn $0.29 per share for the quarter, up from their previous forecast of $0.24. DA Davidson currently has a “Buy” rating and a $18.00 target price on the stock. The consensus estimate for Bridgewater Bancshares’ current full-year earnings is $1.24 per share.

Bridgewater Bancshares (NASDAQ:BWB) last posted its earnings results on Wednesday, January 29th. The company reported $0.27 earnings per share (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%.

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

Bridgewater Bancshares Stock Down 0.7 %

Shares of NASDAQ:BWB opened at $14.12 on Monday. The company has a market capitalization of $387.31 million, a price-to-earnings ratio of 13.71 and a beta of 0.68. Bridgewater Bancshares has a 12-month low of $10.52 and a 12-month high of $16.00. The business has a 50-day moving average price of $14.03 and a 200 day moving average price of $14.10. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.11.

Insider Transactions at Bridgewater Bancshares

In other Bridgewater Bancshares news, CFO Joseph M. Chybowski sold 3,000 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $15.51, for a total value of $46,530.00. Following the completion of the transaction, the chief financial officer now owns 98,416 shares in the company, valued at $1,526,432.16. The trade was a 2.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Thomas P. Trutna sold 2,000 shares of the stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $15.13, for a total value of $30,260.00. Following the completion of the sale, the director now owns 100,780 shares in the company, valued at approximately $1,524,801.40. The trade was a 1.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 15,455 shares of company stock worth $233,903 over the last ninety days. Company insiders own 23.21% of the company’s stock.

Institutional Trading of Bridgewater Bancshares

A number of large investors have recently made changes to their positions in the company. Barclays PLC lifted its stake in Bridgewater Bancshares by 283.4% during the third quarter. Barclays PLC now owns 25,997 shares of the company’s stock worth $369,000 after purchasing an additional 19,217 shares during the last quarter. State Street Corp boosted its holdings in shares of Bridgewater Bancshares by 1.1% in the 3rd quarter. State Street Corp now owns 449,345 shares of the company’s stock valued at $6,367,000 after buying an additional 4,874 shares in the last quarter. Assenagon Asset Management S.A. grew its position in shares of Bridgewater Bancshares by 121.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 70,025 shares of the company’s stock valued at $992,000 after buying an additional 38,461 shares during the last quarter. Jane Street Group LLC raised its stake in Bridgewater Bancshares by 11.4% during the 3rd quarter. Jane Street Group LLC now owns 23,696 shares of the company’s stock worth $336,000 after acquiring an additional 2,422 shares in the last quarter. Finally, Empowered Funds LLC lifted its position in Bridgewater Bancshares by 5.1% in the third quarter. Empowered Funds LLC now owns 16,523 shares of the company’s stock valued at $234,000 after acquiring an additional 804 shares during the last quarter. 65.83% of the stock is currently owned by hedge funds and other institutional investors.

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.