DA Davidson Has Optimistic Outlook of BWB Q1 Earnings

Bridgewater Bancshares, Inc. (NASDAQ:BWB) – Research analysts at DA Davidson raised their Q1 2025 earnings per share (EPS) estimates for Bridgewater Bancshares in a report issued on Friday, January 31st. DA Davidson analyst J. Rulis now forecasts that the company will post earnings of $0.29 per share for the quarter, up from their prior estimate of $0.24. DA Davidson has a “Buy” rating and a $18.00 price objective on the stock. The consensus estimate for Bridgewater Bancshares’ current full-year earnings is $1.24 per share.

Bridgewater Bancshares (NASDAQ:BWB) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 reduced their target price on Bridgewater Bancshares from $18.00 to $17.00 and set an “overweight” rating for the company in a research note on Friday, January 31st.

Bridgewater Bancshares Trading Up 3.4 %

Shares of NASDAQ:BWB opened at $14.25 on Monday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.11. The company has a market capitalization of $390.88 million, a PE ratio of 13.84 and a beta of 0.68. The business has a 50 day moving average of $13.99 and a two-hundred day moving average of $14.11. Bridgewater Bancshares has a 12-month low of $10.52 and a 12-month high of $16.00.

Insider Transactions at Bridgewater Bancshares

In related news, Director Thomas P. Trutna sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $15.13, for a total transaction of $30,260.00. Following the completion of the sale, the director now directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James S. Johnson sold 4,705 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $15.00, for a total value of $70,575.00. Following the sale, the director now owns 93,646 shares of the company’s stock, valued at $1,404,690. The trade was a 4.78 % 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 valued at $233,903 in the last three months. 23.21% of the stock is currently owned by company insiders.

Institutional Trading of Bridgewater Bancshares

Several large investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP grew its holdings in Bridgewater Bancshares by 4.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 789,993 shares of the company’s stock valued at $9,171,000 after buying an additional 37,090 shares in the last quarter. State Street Corp grew its holdings in 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. Hotchkis & Wiley Capital Management LLC grew its holdings in Bridgewater Bancshares by 0.8% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 272,799 shares of the company’s stock valued at $3,866,000 after buying an additional 2,170 shares in the last quarter. Stieven Capital Advisors L.P. grew its holdings in Bridgewater Bancshares by 56.1% in the 4th quarter. Stieven Capital Advisors L.P. now owns 239,989 shares of the company’s stock valued at $3,242,000 after buying an additional 86,200 shares in the last quarter. Finally, Foundry Partners LLC grew its holdings in Bridgewater Bancshares by 111.7% in the 3rd quarter. Foundry Partners LLC now owns 167,010 shares of the company’s stock valued at $2,367,000 after buying an additional 88,110 shares in 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.