DA Davidson Adjusts Earnings Outlook for Bridgewater Bancshares in FY2025

On December 19th, research analysts from DA Davidson revised their earnings per share (EPS) expectations for Bridgewater Bancshares, Inc. (NASDAQ:BWB). The updated forecast now predicts earnings of $1.17 for fiscal year 2025, a decrease from the previous estimate of $1.20. In comparison, the consensus for the current full-year earnings stands at $0.98 per share.

Current Stock Performance of Bridgewater Bancshares

On the following day, December 20th, Bridgewater Bancshares' stock opened at $13.83. The company has a market capitalization of $379.30 million and a price-to-earnings (PE) ratio of 13.17, with a beta of 0.67. Over the past year, its stock price fluctuated between a low of $10.52 and a high of $16.00. The 50-day and 200-day moving averages are $14.94 and $13.65, respectively. Financial ratios indicate a current ratio of 1.02, a quick ratio of 1.02, and a debt-to-equity ratio of 1.11.

Recent Insider Trading Activity

Recently, there has been notable insider trading at Bridgewater Bancshares. On October 29th, Director David B. Juran sold 14,531 shares at an average price of $14.76, totaling approximately $214,478. After this sale, Juran's ownership in the company decreased significantly, now holding just 5,469 shares valued around $80,722. Additionally, Director Thomas P. Trutna sold 2,000 shares on November 7th for an average price of $15.13, resulting in a transaction amount of $30,260. Following this sale, Trutna retains 100,780 shares valued at about $1.52 million, marking a minor decrease in personal ownership.

Institutional Investor Activity

Institutional investors have shown recent interest in Bridgewater Bancshares. For example, Northwestern Mutual Wealth Management Co. acquired a new stake in the company valued at approximately $35,000 during the second quarter. BNP Paribas Financial Markets increased its holdings by 18.0% in the third quarter, now owning 4,424 shares valued at $63,000 after adding 676 shares. SG Americas Securities LLC also purchased a new position worth $100,000 in Bridgewater Bancshares during the same quarter. Sei Investments Co. enhanced its position by 23.3%, now owning 14,360 shares valued at $167,000 after acquiring an additional 2,713 shares. D.A. Davidson & Co. also established a new stake in the third quarter worth around $183,000. Overall, institutional investors hold 65.83% of the company's shares.

About Bridgewater Bancshares

Bridgewater Bancshares, Inc. serves as the bank holding company for Bridgewater Bank, providing a variety of banking products and services. The company's offerings cater to commercial real estate investors, entrepreneurs, and personal banking clients across the United States. Their financial services include savings and money market accounts, demand deposits, time and brokered deposits, as well as both interest and non-interest bearing transaction accounts.

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