Symbol: BRG
CIK: 1442626
Exchange: NYSE
Founded: 2008 (11 years)
HQ: New York, NY, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Residential
Externally Managed REIT
See BRG on Google Finance
See BRG on Yahoo Finance
See BRG on SEC.gov
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| Rating | Dividend Section - Analysis Description | Avg. Rating |
|---|---|---|
| 0 | Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last 3 years. | 4.5 |
| 2 | Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. | 4.0 |
| 10 | Dividend to AFFO Payout Ratio Health: Analysis of the REIT’s Dividend to AFFO Payout Ratios during the last four quarters. | 8.7 |
| 10 | Dividend to AFFO Payout Ratio Trend: Analysis of the REIT’s Dividend to AFFO Payout Ratios trend during the last two years. | 8.1 |
| 10 | AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. | 8.3 |
| 6.4 | Overall Dividend Section Rating: The REIT’s total dividend score from the compilation of the below dividend analysis. | 4.2 |
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.
See complete list of dividend paymemts for BRG
*Percentage held by top 15 institutions.
See list of properties owned by BRGBelow are the most recent cash dividends paid by BRG, and the Ex-Dividend Date of the dividend. The percent difference from one dividend payment to the next has also been calculated for your convenience. See complete list of dividend payments for BRG.
| Symbol | Quarter | Ex Date | Cash Amount | Change in Dividend | |||
|---|---|---|---|---|---|---|---|
Login to see Dividend History |
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See Annual Balance Sheet | See Quarterly Balance Sheet
Amounts in USD ($)
| Balance Sheet | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 |
|---|---|---|---|---|
| Total Assets | 2,013,447,000.00 | 2,018,135,000.00 | 1,879,588,000.00 | 1,838,165,000.00 |
| Cash and Equivalents | 46,996,000.00 | 52,244,000.00 | 58,488,000.00 | 55,186,000.00 |
| Investments | 267,796,000.00 | 253,117,000.00 | 240,707,000.00 | 240,032,000.00 |
| Investments Current | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments Non-Current | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Deposit Liabilities | 0.00 | 0.00 | 0.00 | 0.00 |
| Property, Plant & Equipment Net | 1,682,757,000.00 | 1,693,757,000.00 | 1,556,516,000.00 | 1,524,177,000.00 |
| Inventory | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax Assets | 0.00 | 0.00 | 0.00 | 0.00 |
| Trade and Non-Trade Receivables | 15,455,000.00 | 17,249,000.00 | 22,665,000.00 | 16,895,000.00 |
| Trade and Non-Trade Payables | 14,330,000.00 | 14,285,000.00 | 13,890,000.00 | 13,576,000.00 |
| Goodwill and Intangible Assets | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1,322,679,000.00 | 1,334,320,000.00 | 1,218,198,000.00 | 1,185,174,000.00 |
| Shareholders Equity | 134,978,000.00 | 158,346,000.00 | 176,912,000.00 | 191,818,000.00 |
| Accumulated Retained Earnings (Deficit) | -234,363,000.00 | -218,531,000.00 | -201,914,000.00 | -187,720,000.00 |
| Accumulated Other Comprehensive Income | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Assets | 0.00 | 0.00 | 0.00 | 0.00 |
| Assets Non-Current | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Liabilities | 0.00 | 0.00 | 0.00 | 0.00 |
| Liabilities Non-Current | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax Liabilities | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Debt | 1,282,905,000.00 | 1,288,345,000.00 | 1,170,040,000.00 | 1,144,008,000.00 |
| Debt Current | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt Non-Current | 0.00 | 0.00 | 0.00 | 0.00 |
See Annual Income Statement | See Quarterly Income Statement
Amounts in USD ($)
| Income Statement | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 |
|---|---|---|---|---|
| Revenues | 51,466,000.00 | 50,011,000.00 | 47,877,000.00 | 44,959,000.00 |
| Cost of Revenue | 19,817,000.00 | 18,676,000.00 | 19,112,000.00 | 17,948,000.00 |
| Selling, General and Administrative Expense | 5,627,000.00 | 5,624,000.00 | 4,732,000.00 | 4,528,000.00 |
| Research and Development Expense | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 22,915,000.00 | 22,608,000.00 | 20,136,000.00 | 19,375,000.00 |
| Interest Expense | 16,067,000.00 | 16,935,000.00 | 12,905,000.00 | 13,041,000.00 |
| Income Tax Expense | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Income | -4,365,000.00 | -5,773,000.00 | -3,111,000.00 | -3,432,000.00 |
| Net Income to Non-Controlling Interests | -4,543,000.00 | -4,458,000.00 | -3,513,000.00 | -3,263,000.00 |
| Net Income | 178,000.00 | -1,315,000.00 | 402,000.00 | -169,000.00 |
| Preferred Dividends Income Statement Impact | 12,271,000.00 | 11,471,000.00 | 10,736,000.00 | 10,043,000.00 |
| Net Income Common Stock | -12,093,000.00 | -12,786,000.00 | -10,334,000.00 | -10,212,000.00 |
| Earnings per Basic Share | -0.53 | -0.54 | -0.44 | -0.44 |
| Earnings per Diluted Share | -0.53 | -0.54 | -0.44 | -0.44 |
| Weighted Average Shares | 23,123,616.00 | 23,701,329.00 | 23,742,129.00 | 23,800,770.00 |
| Weighted Average Shares Diluted | 23,123,616.00 | 23,701,329.00 | 23,742,129.00 | 23,800,770.00 |
See Annual Cash Flow | See Quarterly Cash Flow
Amounts in USD ($)
| Cash Flow | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 |
|---|---|---|---|---|
| Capital Expenditure | -6,188,000.00 | -153,777,000.00 | -46,915,000.00 | -88,269,000.00 |
| Net Cash Flow - Business Acquisitions and Disposals | -12,584,000.00 | -11,568,000.00 | -3,493,000.00 | -14,841,000.00 |
| Net Cash Flow - Investment Acquisitions and Disposals | -8,954,000.00 | -771,000.00 | -267,000.00 | 0.00 |
| Net Cash Flow from Financing | 11,612,000.00 | 141,094,000.00 | 36,114,000.00 | 79,699,000.00 |
| Issuance (Repayment) of Debt Securities | -5,844,000.00 | 118,532,000.00 | 26,392,000.00 | 68,307,000.00 |
| Issuance (Purchase) of Equity Shares | -5,055,000.00 | -3,856,000.00 | 8,000.00 | -947,000.00 |
| Payment of Dividends & Other Cash Distributions | -3,832,000.00 | -3,858,000.00 | -3,876,000.00 | -3,870,000.00 |
| Net Cash Flow from Investing | -27,726,000.00 | -166,116,000.00 | -50,675,000.00 | -103,110,000.00 |
| Net Cash Flow from Operations | 10,866,000.00 | 18,778,000.00 | 17,863,000.00 | 21,712,000.00 |
| Effect of Exchange Rate Changes on Cash | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Cash Flow / Change in Cash & Cash Equivalents | -5,248,000.00 | -6,244,000.00 | 3,302,000.00 | -1,699,000.00 |
| Share Based Compensation | 1,937,000.00 | 1,735,000.00 | 1,618,000.00 | 1,631,000.00 |
| Depreciation, Amortization & Accretion | 18,141,000.00 | 17,754,000.00 | 16,495,000.00 | 16,525,000.00 |
BRG invests in well-located, institutional-quality apartment properties in US growth markets. Utilizing core, value-added, opportunistic and invest-to-own strategies, we seek to maximize long-term value in projects that demonstrate a measurable opportunity for us to drive growth. BRG focuses on growing value through improvements to properties and operations. We often partner as majority owners with leading regional owner/operators. This strategy provides us with access to critical local market insights, relationship capital and operational infrastructure while making sure the interests of our on-sight managers are aligned with those of our investors.
| REIT | Exchange | Market Capitalization | Sector | Country |
|---|---|---|---|---|
| Equity Residential (EQR) | NYSE | Large-Cap | Residential | United States |
| Preferred Apartment Communities, Inc. (APTS) | NYSE | Small-Cap | Retail Office Residential | United States |
