NYSE:BSIG

BrightSphere Investment Group (BSIG) Stock Price, News & Analysis

$23.30
+0.30 (+1.30%)
(As of 04/22/2024 ET)
Today's Range
$22.94
$23.54
50-Day Range
$21.26
$23.30
52-Week Range
$15.23
$23.63
Volume
188,384 shs
Average Volume
175,318 shs
Market Capitalization
$890.29 million
P/E Ratio
15.03
Dividend Yield
0.17%
Price Target
$23.00

BrightSphere Investment Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
1.3% Downside
$23.00 Price Target
Short Interest
Bearish
5.64% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.17
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$2.28 M Sold Last Quarter
Proj. Earnings Growth
14.22%
From $2.18 to $2.49 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.40 out of 5 stars

Finance Sector

428th out of 845 stocks

Investment Advice Industry

26th out of 44 stocks

BSIG stock logo

About BrightSphere Investment Group Stock (NYSE:BSIG)

BrightSphere Investment Group Inc. is a publically owned asset management holding company. The firm provides its services to individuals and institutions. It manages separate client focused portfolios through its subsidiaries. The firm also launches equity mutual funds for its clients. It invests in public equity, fixed income, and alternative investment markets through its subsidiaries. The firm was founded in 1980 is based Boston, Massachusetts. It was formally known as BrightSphere Investment Group plc. BrightSphere Investment Group Inc. was formed in 1980 and is based in Boston, Massachusetts.

BSIG Stock Price History

BSIG Stock News Headlines

The system that called 2023’s top 7 stocks is at it again…
Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.
The system that called 2023’s top 7 stocks is at it again…
Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.
Q4 2023 Brightsphere Investment Group Inc Earnings Call
BrightSphere Investment Group Inc.
15 Small-Cap Stocks with High Potential
BrightSphere Investment Group Inc BSIG
See More Headlines
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Company Calendar

Last Earnings
2/01/2024
Ex-Dividend for 3/28 Dividend
3/14/2024
Dividend Payable
3/28/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
N/A
Fax
N/A
Employees
387
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$23.00
High Stock Price Target
$24.00
Low Stock Price Target
$22.00
Potential Upside/Downside
-1.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$65.80 million
Pretax Margin
22.62%

Debt

Sales & Book Value

Annual Sales
$426.60 million
Cash Flow
$2.27 per share
Book Value
$1.19 per share

Miscellaneous

Free Float
28,694,000
Market Cap
$890.29 million
Optionable
Optionable
Beta
1.49
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Key Executives

  • Mr. Suren S. RanaMr. Suren S. Rana (Age 44)
    CEO, President & Director
    Comp: $700k
  • Ms. Christina Wiater (Age 42)
    Senior VP, Principal Financial & Accounting Officer, Chief Accounting Officer and Controller
    Comp: $745k
  • Mr. Richard J. Hart (Age 47)
    Executive VP, Chief Legal Officer & Secretary
    Comp: $1.11M
  • Dr. Brendan O'Brien Bradley Ph.D.
    Acadian Executive VP & Chief Investment Officer
  • Melody Huang
    Senior VP & Director of Finance and Investor Relations
  • Ms. Tracy Aber
    Head of Human Resources
  • Mr. Trevedi Tewari
    Head of Institutional Business of United Kingdom & Ireland
  • Mr. Olivier Lebleu
    Head of International Business
  • Mr. Steve Coyle
    Senior VP and Director of Subadvisory & Institutional Retirement
  • Mr. Robert Campbell
    Head of Information Technology

BSIG Stock Analysis - Frequently Asked Questions

Should I buy or sell BrightSphere Investment Group stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BrightSphere Investment Group in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BSIG shares.
View BSIG analyst ratings
or view top-rated stocks.

What is BrightSphere Investment Group's stock price target for 2024?

2 analysts have issued 12-month price objectives for BrightSphere Investment Group's shares. Their BSIG share price targets range from $22.00 to $24.00. On average, they expect the company's share price to reach $23.00 in the next twelve months. This suggests that the stock has a possible downside of 1.3%.
View analysts price targets for BSIG
or view top-rated stocks among Wall Street analysts.

How have BSIG shares performed in 2024?

BrightSphere Investment Group's stock was trading at $19.16 on January 1st, 2024. Since then, BSIG shares have increased by 21.6% and is now trading at $23.30.
View the best growth stocks for 2024 here
.

When is BrightSphere Investment Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our BSIG earnings forecast
.

How can I listen to BrightSphere Investment Group's earnings call?

BrightSphere Investment Group will be holding an earnings conference call on Thursday, May 2nd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 609-800-9909 with passcode "8742549".

How were BrightSphere Investment Group's earnings last quarter?

BrightSphere Investment Group Inc. (NYSE:BSIG) posted its quarterly earnings results on Thursday, February, 1st. The company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.19. The firm had revenue of $131.20 million for the quarter, compared to analysts' expectations of $127.57 million. BrightSphere Investment Group had a net margin of 15.42% and a trailing twelve-month return on equity of 400.00%.

How often does BrightSphere Investment Group pay dividends? What is the dividend yield for BrightSphere Investment Group?

BrightSphere Investment Group declared a quarterly dividend on Friday, January 26th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.01 per share on Thursday, March 28th. This represents a $0.04 dividend on an annualized basis and a yield of 0.17%. The ex-dividend date of this dividend is Thursday, March 14th.
Read our dividend analysis for BSIG
.

Is BrightSphere Investment Group a good dividend stock?

BrightSphere Investment Group (NYSE:BSIG) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.17%. The dividend payout ratio is 2.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BSIG will have a dividend payout ratio of 1.61% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BSIG.

What ETFs hold BrightSphere Investment Group's stock?

ETFs with the largest weight of BrightSphere Investment Group (NYSE:BSIG) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP).Syntax Stratified SmallCap ETF (SSLY).

What other stocks do shareholders of BrightSphere Investment Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other BrightSphere Investment Group investors own include Old Mutual (OML), Zscaler (ZS), Big Lots (BIG), Ford Motor (F), Michaels Companies (MIK), AbbVie (ABBV), Cinemark (CNK), Canadian Natural Resources (CNQ) and Huntington Bancshares (HBAN).

Who are BrightSphere Investment Group's major shareholders?

BrightSphere Investment Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Denali Advisors LLC (0.41%) and DGS Capital Management LLC (0.06%). Insiders that own company stock include Paulson & Co Inc, Richard Jonathan Hart and Suren Rana.
View institutional ownership trends
.

How do I buy shares of BrightSphere Investment Group?

Shares of BSIG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BSIG) was last updated on 4/23/2024 by MarketBeat.com Staff

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