Bridge Investment Group Holdings Inc is a vertically integrated investment manager, diversified across specialized asset classes. The company combines its nationwide operating platform with dedicated teams of investment professionals focused on various specialized and synergistic investment platforms, including real estate, credit, renewable energy, and secondaries strategies. Its broad range of products and vertically integrated structure allow it to capture new market opportunities and serve investors with various investment objectives. The company operates Its business in a single segment, alternative investment management, diversified across specialized and synergistic investment platforms.

Bridge Investment Group Holdings Inc.

Bridge Investment Group is a self-described leading alternative investment manager focused on driving value across various verticals.

Bridge Investment Group

Bridge seeks to be a globally trusted investment manager offering exceptional returns to our investors, pursued with uncompromising principles. We are a high touch, detail-oriented investor in the commercial real estate and fixed income sectors. We are a people business. It is a privilege to serve as steward of our investors' capital. Our residents and tenants are the lifeblood of our assets. We strive to create vibrant communities where people are excited to live and work. We hire the best people and provide them with unparalleled opportunity to succeed and advance.

Following our earnings call this week, Executive Chairman, Robert Morse, highlighted Bridge's second quarter positivity and provided insights into how the firm looks to continue to build on the momentum for the second half of this year.

“Bridge reported improved financial results, with Total Revenue increasing 2% from last quarter, Fee Related Earnings to the Operating Company increasing 6% and Distributable Earnings increasing 10%. Looking ahead, we believe our differentiated model as a specialized, integrated owner/operator positions Bridge to deliver leading performance across carefully selected sectors spanning real estate, credit, infrastructure and secondaries, all of which should see strong upside in the coming quarters.”

Read more here: https://hubs.la/Q02KHX2n0

Following last week’s FOMC meeting, market participants appeared to coalesce around two points: a September rate cut looked increasingly likely, and the Fed was becoming more acutely focused on and concerned about the health of the labor market. These concerns manifested into market turbulence across the globe as last week’s jobs report underwhelmed by a meaningful margin. Read more here: https://hubs.la/Q02KCvL_0

Following nearly two years of tighter monetary policy, many global peers of the US have begun implementing rate cuts. Although unique market conditions in each country make it challenging to compare the timing of monetary policy decisions across regions, expectations for a September interest rate cut held firm following the FOMC policy announcement this week. Read more here: https://hubs.la/Q02JP1H-0

We are proud to share that Rachel Diller, Chief Investment Officer for our Workforce & Affordable Housing strategy, has been named to the National Housing Crisis Task Force, which aims to bring innovative housing solutions to communities nationwide.

Discover our latest insights in the latest AFIRE Journal, where we highlight pivotal trends within the logistics market. In an evolving macroeconomic climate with shifting logistics fundamentals globally, we offer four key themes outlining opportunities in the logistics sector for the year ahead. https://lnkd.in/gN7EMB_d

Consumer spending, which typically constitutes over two-thirds of US GDP, has been robust and has played a crucial role in driving US economic growth. Headline consumer sentiment readings from the past few years have told a different story, and getting behind the headline sentiment data reveals to some degree why consumer spending has remained resilient for some time but may be at risk of decelerating. Read more here: https://hubs.la/Q02H7JqG0

“The recent interest-rate reset has created an opportunity for Bridge Investment Group’s industrial net lease strategy.  We capitalize on our deep sourcing networks to find off-market and lightly marketed opportunities.” President and Co-CIO of Bridge Net Lease Industrial, Matt Tucker. View the final installment in our new five-part series on our industrial net lease strategy here: https://hubs.la/Q02GMX0L0

Throughout 2024, over 60 countries are hosting or have already hosted political elections, encompassing a significant portion of the global population. After recent election surprises—including France’s snap elections—markets have shown unease around political uncertainty ahead and the long-term implications of fiscal policy. Read more here: https://hubs.la/Q02GfC7h0

We are thrilled to share that Bridge Investment Group has ranked #8 in the 2024 PERE Credit 50 rankings. https://hubs.la/Q02FVkWc0

Our latest insights are featured in the AFIRE Journal, highlighting crucial themes in logistics markets. Amid a moderating macro environment and shifting fundamentals at the national level, we see four themes that inform what we see as compelling opportunities in the logistics sector over the coming year. https://hubs.la/Q02FHRqC0

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
average inventory			21.83M -	21.83M 0%
average payables		9.23M -	12.36M 33.98%	19.26M 55.84%	12.47M 35.26%
average receivables		57.03M -	112.20M 96.74%	413.23M 268.30%	384.21M 7.02%
book value per share	8.02 -	8.55 6.67%	3.19 62.73%	3.31 3.68%	20.98 534.56%
capex per share	-0.08 -	-0.01 84.71%	-0.05 313.36%	-0.13 170.96%
capex to depreciation	-0.62 -	-0.08 86.86%	-0.40 385.92%	-1.10 177.56%
capex to operating cash flow	-0.01 -	-0.00 81.97%	-0.01 166.05%	-0.01 163.84%
capex to revenue	-0.01 -	-0.00 83.77%	-0.00 200.72%	-0.01 132.32%
cash per share	2.86 -	4.91 72.05%	3.84 21.86%	8.28 115.72%	3.35 59.55%
days of inventory on hand			88.23 -
days payables outstanding	25.41 -	35.60 40.09%	27.46 22.86%	40.30 46.78%
days sales outstanding	59.81 -	115.99 93.94%	166.67 43.70%	603.00 261.80%	79.49 86.82%
debt to assets	0.14 -	0.39 184.58%	0.19 50.90%	0.26 39.99%	0.38 41.75%
debt to equity	0.21 -	0.88 315.45%	2.23 152.87%	3.87 73.38%	0.89 77.06%
dividend yield	0.32 -	0.39 22.64%	0.32 17.73%	0.10 67.68%
earnings yield	0.41 -	0.43 4.67%	0.73 68.41%	0.94 29.97%	-0.03 102.82%
enterprise value	319.78M -	402.77M 25.95%	643.95M 59.88%	410.69M 36.22%	670.96M 63.37%
enterprise value over ebitda	3.57 -	5.71 60.07%	7.61 33.17%	3.45 54.64%	-12.55 463.78%
ev to operating cash flow	2.08 -	3.10 48.58%	3.08 0.59%	1.80 41.57%	20.51 1,040.19%
ev to sales	1.30 -	1.74 33.73%	1.95 12.37%	1.00 48.55%	1.58 57.09%
free cash flow per share	6.98 -	5.97 14.44%	9.24 54.85%	9.41 1.79%	1.26 86.62%
free cash flow yield	0.45 -	0.38 14.44%	0.37 2.95%	0.78 110.94%	0.13 83.52%
graham net net	0.42 -	-2.87 783.24%	-3.34 16.55%	8.21 345.70%	-22.57 374.88%
graham number	34.12 -	36.06 5.67%	36.08 0.07%	29.10 19.36%	11.08 61.91%
income quality	0.96 -	0.78 18.20%	0.51 34.49%	0.84 63.74%	-4.84 676.81%
intangibles to total assets	0.06 -	0.03 42.23%	0.02 54.68%	0.05 236.16%	0.18 243.82%
interest coverage	31.27 -	13.30 57.46%	9.62 27.68%	9.41 2.23%	-2.45 126.04%
interest debt per share	1.83 -	7.78 324.94%	7.49 3.72%	13.30 77.58%	19.71 48.19%
inventory turnover			4.14 -
invested capital	0.21 -	0.88 315.45%	2.23 152.87%	3.87 73.38%	0.89 77.06%
market cap	340.43M -	340.43M 0%	562.22M 65.15%	288.34M 48.71%	254.27M 11.82%
net current asset value	24.26M -	-33.24M 237.02%	-14.81M 55.46%	375.13M 2,633.32%	-743.47M 298.19%
net debt to ebitda	-0.23 -	0.88 483.58%	0.97 9.19%	1.03 6.47%	-7.80 858.34%
net income per share	6.45 -	6.75 4.67%	18.15 168.70%	11.38 37.28%	-0.26 102.29%
operating cash flow per share	7.06 -	5.98 15.23%	9.29 55.37%	9.54 2.70%	1.26 86.81%
payables turnover	14.36 -	10.25 28.62%	13.29 29.64%	9.06 31.87%
receivables turnover	6.10 -	3.15 48.44%	2.19 30.41%	0.61 72.36%	4.59 658.59%
research and ddevelopement to revenue
return on tangible assets	0.55 -	0.36 34.54%	0.49 37.31%	0.25 49.24%	-0.01 102.58%
revenue per share	11.32 -	10.66 5.82%	14.66 37.46%	17.09 16.63%	16.36 4.28%
roe	0.80 -	0.79 1.87%	5.69 620.99%	3.44 39.51%	-0.01 100.36%
roic	0.41 -	0.19 53.20%	0.35 81.07%	0.28 19.38%	-0.07 126.16%
sales general and administrative to revenue	0.07 -	0.07 2.01%	0.08 1.11%	0.10 33.53%
shareholders equity per share	8.02 -	8.55 6.67%	3.19 62.73%	3.31 3.68%	20.98 534.56%
stock based compensation to revenue	0.07 -	0.03 62.61%	0.16 500.09%	0.14 12.51%
tangible asset value	173.94M -	186.73M 7.35%	536.47M 187.29%	585.44M 9.13%	311.76M 46.75%
tangible book value per share	8.00 -	8.58 7.35%	23.83 177.56%	24.47 2.69%	11.99 50.99%
working capital	29.05M -	116.96M 302.55%	181.62M 55.29%	806.74M 344.18%

NYSE:BRDG

Bridge Investment Group

Last Close

9.35

24/09 20:00

Market Cap

418.79M

Beta: -

Volume Today

285.80K

Avg: 122.61K

PE Ratio

−4.60

PFCF: 15.60

Dividend Yield

6.94%

Payout:−44.77%

Preview