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

Bridgewater Bancshares, Inc. (NASDAQ:BWB) – Equities researchers at DA Davidson decreased their FY2025 earnings per share estimates for shares of 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 estimate of $1.20. The consensus estimate for Bridgewater Bancshares’ current full-year earnings is $0.98 per share.

Bridgewater Bancshares Stock Performance

Bridgewater Bancshares stock opened at $13.87 on Friday. The stock’s 50 day moving average is $14.96 and its 200 day moving average is $13.63. The company has a market capitalization of $380.40 million, a P/E ratio of 13.21 and a beta of 0.67. Bridgewater Bancshares has a twelve month low of $10.52 and a twelve month high of $16.00. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.11.

Institutional Investors Weigh In On Bridgewater Bancshares

Several large investors have recently bought and sold shares of BWB. Dimensional Fund Advisors LP boosted its holdings in Bridgewater Bancshares by 4.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 789,993 shares of the company’s stock valued at $9,171,000 after acquiring an additional 37,090 shares during the period. State Street Corp lifted its position in Bridgewater Bancshares by 1.1% during the 3rd quarter. State Street Corp now owns 449,345 shares of the company’s stock worth $6,367,000 after acquiring an additional 4,874 shares during the period. Acadian Asset Management LLC grew its position in Bridgewater Bancshares by 18.3% in the 2nd 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 last quarter. American Century Companies Inc. lifted its position in shares of Bridgewater Bancshares by 1.6% during the 2nd quarter. American Century Companies Inc. now owns 284,904 shares of the company’s stock valued at $3,308,000 after acquiring an additional 4,450 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC raised its position in Bridgewater Bancshares by 0.8% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 272,799 shares of the company’s stock worth $3,866,000 after acquiring an additional 2,170 shares during the last quarter. 65.83% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Bridgewater Bancshares

In related news, Director Thomas P. Trutna sold 2,000 shares of the company’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $15.13, for a total transaction of $30,260.00. Following the transaction, the director now directly owns 100,780 shares of the company’s stock, valued at $1,524,801.40. This represents a 1.95 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director David B. Juran sold 14,531 shares of the company’s stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $14.76, for a total transaction of $214,477.56. Following the completion of the transaction, the director now owns 5,469 shares of the company’s stock, valued at approximately $80,722.44. This trade represents a 72.66 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 32,046 shares of company stock worth $478,580 in the last three months. Corporate insiders own 23.21% of the company’s stock.

Bridgewater Bancshares Company Profile

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.