Bluerock Residential Growth REIT, Inc. BRG was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $8.44 to $9.65 in the past one-month time frame.
The company’s Zacks Consensus Estimate for the current quarter has moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Bluerock Residential currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Bluerock Residential Growth REIT, Inc. Price
Bluerock Residential Growth REIT, Inc. price | Bluerock Residential Growth REIT, Inc. Quote
A better-ranked stock in the REIT and Equity Trust – Residential industry is Sun Communities, Inc. SUI, holding a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Legal Marijuana: An Investor’s Dream
Imagine getting in early on a young industry primed to skyrocket from $17.7 billion in 2019 to an expected $73.6 billion by 2027.
Although marijuana stocks did better as the pandemic took hold than the market as a whole, they’ve been pushed down. This is exactly the right time to get in on selected strong companies at a fraction of their value before COVID struck. Zacks’ Special Report, Marijuana Moneymakers, reveals 10 exciting tickers for urgent consideration.
Download Marijuana Moneymakers FREE >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Sun Communities, Inc. (SUI) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research